Voya Financial (VOYA) Debt/Equity Ratio: History & Chart

Voya Financial, Inc.(VOYA)

Insurance - Life · New York, NY

$96.97+1.59 (+1.66%)

Delayed quote: Oct 2, 2026, 3:45 PM EDT

About Voya Financial, Inc.

Voya Financial, Inc. provides workplace benefits, and savings solutions and technologies in the United States and internationally. The company operates through three segments: Retirement, Investment Management and Employee Benefits. The Retirement segment offers full-service retirement products; recordkeeping services; stable value and fixed general account investment products; non-qualified plan administration services; and tools, guidance, and services to promote the financial well-being and retirement security of employees. This segment also provides wealth management services, such as individual retirement, managed, and brokerage accounts, as well as financial guidance and advisory services. This segment serves corporate, public and private school systems, higher education institutions, hospitals and healthcare facilities, other non-profit organizations, and state and local governments, as well as institutional clients and individual customers. The Employee Benefits segment offers various insurance products comprising stop loss, group life, group disability, whole and term life, critical illness, accident, and hospital indemnity insurance. This segment also provides worksite employee benefits, health account solutions, leave management, benefits administration, health plan enrollment, financial wellness, and decision support products and services to mid-size and large corporate employers and professional associations. The Investment Management segment provides fixed income, equity, multi-asset, and alternative products and solutions to individual investors, financial intermediaries, and institutional clients through its direct sales force, consultant channel, intermediary partners, banks, broker-dealers, and independent financial advisers. The company was formerly known as ING U.S., Inc. and changed its name to Voya Financial, Inc. in April 2014. Voya Financial, Inc. was founded in 1975 and is based in New York, New York.

New York, NY

11,000 employees

www.voya.com

Financial Services / Insurance - Life

Sector: Financial Services
Industry: Insurance - Life
CEO: Heather Lavallee

View full financials

VOYA Debt to Equity Ratio Metrics

DEBT TO EQUITY RATIO

0.84

DEBT TO EQUITY RATIO AVG TTM

0.63

DEBT TO EQUITY RATIO AVG 3Y

0.77

DEBT TO EQUITY RATIO AVG 5Y

0.73

DEBT TO EQUITY RATIO AVG 10Y

0.57

DEBT TO EQUITY RATIO AVG 15Y

0.57

DEBT TO EQUITY RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

+33.86%

CURRENT VS 3Y AVG

+8.70%

CURRENT VS 5Y AVG

+14.89%

CURRENT VS 10Y AVG

+46.67%

CURRENT VS 15Y AVG

+48.64%

CURRENT VS 20Y AVG

N/A

SECTOR MEDIAN · FINANCIAL SERVICES

0.65

median of 113 covered companies

CURRENT VS SECTOR MEDIAN

+29.48%

vs the sector median at left

NAME	MARKET CAP	DEBT TO EQUITY RATIO	TTM	3Y	5Y
Voya Financial, Inc. (VOYA)	$8.79B	0.84	0.63	0.77	0.73
FactSet Research Systems Inc. (FDS)vs ›	$9.44B	0.77	0.74	0.86	0.99
Fidelity High Dividend ETF (FDVV)vs ›	$9.50B	N/A	N/A	N/A	N/A
TeraWulf Inc. (WULF)vs ›	$7.66B	35.56	19.50	10.17	7.47
Galaxy Digital (GLXY)vs ›	$7.65B	1.79	2.06	1.03	0.82
Kinsale Capital Group, Inc. (KNSL)vs ›	$7.56B	0.11	0.11	0.17	0.14
Hut 8 Corp. (HUT)vs ›	$10.09B	5.32	0.32	0.28	0.22
Erie Indemnity Company (ERIE)vs ›	$10.17B	0.03	0.00	0.02	0.04
Valley National Bancorp (VLY)vs ›	$7.12B	0.44	0.47	0.46	0.52
PIMCO Dynamic Income Fund (PDI)vs ›	$6.65B	0.52	0.52	0.60	0.67

NAME

MARKET CAP

DEBT TO EQUITY RATIO

TTM

Voya Financial, Inc. (VOYA)

$8.79B

0.84

0.63

0.77

0.73

FactSet Research Systems Inc. (FDS)vs ›

$9.44B

0.77

0.74

0.86

0.99

Fidelity High Dividend ETF (FDVV)vs ›

$9.50B

N/A

TeraWulf Inc. (WULF)vs ›

$7.66B

35.56

19.50

10.17

7.47

Galaxy Digital (GLXY)vs ›

$7.65B

1.79

2.06

1.03

0.82

Kinsale Capital Group, Inc. (KNSL)vs ›

$7.56B

0.11

0.17

0.14

Hut 8 Corp. (HUT)vs ›

$10.09B

5.32

0.32

0.28

0.22

Erie Indemnity Company (ERIE)vs ›

$10.17B

0.03

0.00

0.02

0.04

Valley National Bancorp (VLY)vs ›

$7.12B

0.44

0.47

0.46

0.52

PIMCO Dynamic Income Fund (PDI)vs ›

$6.65B

0.52

0.60

0.67

Debt to Equity Ratio FAQ

What is the debt to equity ratio for Voya Financial, Inc. (VOYA)?

The debt to equity ratio for VOYA stock is 0.84.

Is Voya Financial, Inc.'s debt to equity ratio high or low?

The debt to equity ratio of 0.84 is 15% above its 5-year average of 0.73, around the middle of its 5-year range (0.42–1.10).

What is the TTM average debt to equity ratio for Voya Financial, Inc. (VOYA)?

The TTM average debt to equity ratio for VOYA stock is 0.63.

What is the 3Y average debt to equity ratio for Voya Financial, Inc. (VOYA)?

The 3Y average debt to equity ratio for VOYA stock is 0.77.

What is the 5Y average debt to equity ratio for Voya Financial, Inc. (VOYA)?

The 5Y average debt to equity ratio for VOYA stock is 0.73.

What is the 10Y average debt to equity ratio for Voya Financial, Inc. (VOYA)?

The 10Y average debt to equity ratio for VOYA stock is 0.57.

What is the 15Y average debt to equity ratio for Voya Financial, Inc. (VOYA)?

The 15Y average debt to equity ratio for VOYA stock is 0.57.

DATE	DEBT TO EQUITY RATIO
2026-06-30	0.84
2026-03-31	0.54
2025-12-31	0.42
2025-09-30	0.65
2025-06-30	0.69
2025-03-31	0.71
2024-12-31	0.90
2024-09-30	0.77
2024-06-30	0.80
2024-03-31	0.84
2023-12-31	0.82
2023-09-30	1.10
2023-06-30	0.97
2023-03-31	0.88
2022-12-31	1.04
2022-09-30	0.80
2022-06-30	0.75
2022-03-31	0.55
2021-12-31	0.42
2021-09-30	0.44
2021-06-30	0.46
2021-03-31	0.47
2020-12-31	0.38
2020-09-30	0.37
2020-06-30	0.35
2020-03-31	0.46
2019-12-31	0.38
2019-09-30	0.34
2019-06-30	0.35
2019-03-31	0.40
2018-12-31	0.45
2018-09-30	0.46
2018-06-30	0.47
2018-03-31	0.44
2017-12-31	0.45
2017-09-30	0.37
2017-06-30	0.38
2017-03-31	0.41
2016-12-31	0.42
2016-09-30	0.39
2016-06-30	0.40
2016-03-31	0.42
2015-12-31	0.78
2015-09-30	0.75
2015-06-30	0.70
2015-03-31	0.62
2014-12-31	0.64
2014-09-30	0.68
2014-06-30	0.64
2014-03-31	0.65
2013-12-31	0.65
2013-09-30	0.64
2013-06-30	0.66
2013-03-31	0.61
2012-12-31	0.58
2012-09-30	0.53
2012-06-30	0.54
2012-03-31	0.00
2011-12-31	0.36
2011-09-30	0.00

DATE

DEBT TO EQUITY RATIO

2026-06-30

0.84

2026-03-31

0.54

2025-12-31

0.42

2025-09-30

0.65

2025-06-30

0.69

2025-03-31

0.71

2024-12-31

0.90

2024-09-30

0.77

2024-06-30

0.80

2024-03-31

0.84

2023-12-31

0.82

2023-09-30

1.10

2023-06-30

0.97

2023-03-31

0.88

2022-12-31

1.04

2022-09-30

0.80

2022-06-30

0.75

2022-03-31

0.55

2021-12-31

0.42

2021-09-30

0.44

2021-06-30

0.46

2021-03-31

0.47

2020-12-31

0.38

2020-09-30

0.37

2020-06-30

0.35

2020-03-31

0.46

2019-12-31

0.38

2019-09-30

0.34

2019-06-30

0.35

2019-03-31

0.40

2018-12-31

0.45

2018-09-30

0.46

2018-06-30

0.47

2018-03-31

0.44

2017-12-31

0.45

2017-09-30

0.37

2017-06-30

0.38

2017-03-31

0.41

2016-12-31

0.42

2016-09-30

0.39

2016-06-30

0.40

2016-03-31

0.42

2015-12-31

0.78

2015-09-30

0.75

2015-06-30

0.70

2015-03-31

0.62

2014-12-31

0.64

2014-09-30

0.68

2014-06-30

0.64

2014-03-31

0.65

2013-12-31

0.65

2013-09-30

0.64

2013-06-30

0.66

2013-03-31

0.61

2012-12-31

0.58

2012-09-30

0.53

2012-06-30

0.54

2012-03-31

0.00

2011-12-31

0.36

2011-09-30

0.00

Debt to Equity Ratio: 0.84

VOYA Debt to Equity Ratio

VOYA Average Debt to Equity Ratio Chart

VOYA Current vs Average Debt to Equity Ratio Chart

VOYA Debt to Equity Ratio Metrics

VOYA Competitors' Debt to Equity Ratio

Financial Health

Debt to Equity Ratio Formula & Definition

Debt to Equity Ratio FAQ

VOYA Debt to Equity Ratio History

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