Voya Historical Income Statement
| VOYA Stock | USD 81.68 1.00 1.24% |
Historical analysis of Voya Financial income statement accounts such as Depreciation And Amortization of 275.1 M, Interest Expense of 229.2 M, Total Revenue of 6.8 B or Gross Profit of 6.8 B can show how well Voya Financial performed in making a profits. Evaluating Voya Financial income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Voya Financial's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Voya Financial latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Voya Financial is a good buy for the upcoming year.
Voya |
About Voya Income Statement Analysis
Voya Financial Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Voya Financial shareholders. The income statement also shows Voya investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Voya Financial Income Statement Chart
Add Fundamental
Total Revenue
Total revenue comprises all receipts Voya Financial generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Voya Financial minus its cost of goods sold. It is profit before Voya Financial operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Voya Financial. It is also known as Voya Financial overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Voya Financial's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Voya Financial current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Voya Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. For information on how to trade Voya Stock refer to our How to Trade Voya Stock guide.At present, Voya Financial's Depreciation And Amortization is projected to decrease significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 765.5 M, whereas Interest Expense is forecasted to decline to about 229.2 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 3.2B | 5.9B | 7.3B | 6.8B | Interest Expense | 186M | 134M | 298M | 229.2M |
Voya Financial income statement Correlations
Click cells to compare fundamentals
Voya Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Voya Financial income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 60M | 357M | (749M) | 21M | 262M | 275.1M | |
| Interest Expense | 176M | 159M | 186M | 134M | 298M | 229.2M | |
| Total Revenue | 7.3B | 7.4B | 3.2B | 5.9B | 7.3B | 6.8B | |
| Gross Profit | 7.3B | 7.4B | 3.2B | 5.9B | 7.3B | 6.8B | |
| Other Operating Expenses | 6.8B | 7.0B | 472M | 5.5B | 7.2B | 6.5B | |
| Operating Income | (1.0B) | (549M) | 1.4B | 716M | 729M | 424.7M | |
| Ebit | (1.0B) | (549M) | 1.4B | 608M | 729M | 765.5M | |
| Ebitda | (1.0B) | (192M) | 700M | 629M | 991M | 1.0B | |
| Total Operating Expenses | (8.4B) | (7.9B) | (1.8B) | 2.5B | 7.2B | 7.6B | |
| Income Before Tax | 560M | 352M | 2.8B | 428M | 678M | 532.4M | |
| Total Other Income Expense Net | 1.6B | 901M | 1.3B | (3.1B) | (51M) | (48.5M) | |
| Net Income | 765M | 370M | 2.9B | 510M | 625M | 408.3M | |
| Income Tax Expense | (205M) | (18M) | (98M) | (5M) | (51M) | (53.6M) | |
| Minority Interest | 50M | (157M) | (761M) | 77M | (50M) | (47.5M) | |
| Selling General Administrative | 2.0B | 2.2B | 2.0B | 2.1B | 1.9B | 2.0B | |
| Net Income Applicable To Common Shares | (379M) | (242M) | 2.1B | 474M | 426.6M | 231.2M | |
| Net Income From Continuing Ops | 765M | 370M | 2.9B | 433M | 747M | 552.3M | |
| Discontinued Operations | 457M | (1.1B) | (419M) | 12M | 10.8M | 11.3M | |
| Tax Provision | (205M) | (18M) | (98M) | (5M) | (88M) | (83.6M) | |
| Net Interest Income | (214M) | (159M) | (186M) | (134M) | (266M) | (279.3M) |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Voya Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Voya Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Voya Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Voya Financial Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Voya Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. For information on how to trade Voya Stock refer to our How to Trade Voya Stock guide.You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Diversified Financial Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Voya Financial. If investors know Voya will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Voya Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.57) | Dividend Share 1.65 | Earnings Share 6.31 | Revenue Per Share 77.658 | Quarterly Revenue Growth 0.073 |
The market value of Voya Financial is measured differently than its book value, which is the value of Voya that is recorded on the company's balance sheet. Investors also form their own opinion of Voya Financial's value that differs from its market value or its book value, called intrinsic value, which is Voya Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Voya Financial's market value can be influenced by many factors that don't directly affect Voya Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Voya Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Voya Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Voya Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.