Voya Financial
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Voya Financial's past years’ income statements indicate that its last revenue has increased compared to the previous period by 25% to $7,348,000,000. The net income raised on $625,000,000 and profit margin reached 9%. Total operating expenses were $7,213,000,000.
Profit Margin
| 2014 | 11.07B | 2.29B | 20.77% |
|---|---|---|---|
| 2015 | 11.34B | 408.3M | 3.6% |
| 2016 | 10.78B | -428M | -3.97% |
| 2017 | 8.61B | -2.99B | -34.72% |
| 2018 | 8.22B | 875M | 10.64% |
| 2019 | 7.33B | 765M | 10.43% |
| 2020 | 7.39B | 370M | 5% |
| 2021 | 3.24B | 2.37B | 72.95% |
| 2022 | 5.9B | 510M | 8.64% |
| 2023 | 7.34B | 625M | 8.51% |
VOYA Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 7.34B | 5.9B | 3.24B | 7.39B | 7.33B | 8.22B | 8.61B | 10.78B | 11.34B | 11.07B |
Cost of revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gross profit | 7.34B | 5.9B | 3.24B | 7.39B | 7.33B | 8.22B | 8.61B | 10.78B | 11.34B | 11.07B |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 772M | 540M | 0 | 0 | 0 | 0 |
Total operating expenses | 7.21B | 2.54B | -1.8B | -7.94B | -8.35B | 6.64B | 6.84B | 8.77B | 8.24B | 10.18B |
Operating income | 729M | 716M | 1.44B | -549M | -1.02B | 1.19B | -212M | -252.8M | 922.9M | 946.7M |
Other income (expenses), net | -51M | -288M | 1.32B | -18M | 1.58B | 447M | 740M | 361.1M | 81.5M | -83.7M |
Income before tax | 678M | 428M | 2.77B | 352M | 560M | 610M | 528M | -613.4M | 584.5M | 785.2M |
Income tax expense | -51M | -5M | -98M | -18M | -205M | 55M | 740M | -214.7M | 45.9M | -1.75B |
Net income | 625M | 510M | 2.37B | 370M | 765M | 875M | -2.99B | -428M | 408.3M | 2.29B |
Earnings per share | ||||||||||
Basic EPS | 5.11 | 4.71 | 17.81 | 2.9 | 5.43 | 5.36 | -16.26 | -2.13 | 1.81 | 9.07 |
Diluted EPS | 5.41 | 4.3 | 16.52 | 2.9 | 5.43 | 5.2 | -16.25 | -2.11 | 1.8 | 9 |
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