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Voya FinancialVOYA -1.17%77 Equity-to-Asset is 0.03 as of Jun. 2026, which is 40% below its 10-year median of 0.05. GuruFocus rates VOYA with a GF Score™ of 77/100 and a GF Value™ of $82.98 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 526 Diversified Financial Services companies, Voya Financial ranks worse than 83.27% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Voya Financial's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $4,685 Mil. Voya Financial's Total Assets for the quarter that ended in Jun. 2026 was $182,946 Mil.
Therefore, Voya Financial's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.03.
The historical rank and industry rank for Voya Financial's Equity-to-Asset or its related term are showing as below:
VOYA'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.02 Med: 0.05 Max: 0.07
Current: 0.03
During the past 13 years, the highest Equity to Asset Ratio of Voya Financial was 0.07. The lowest was 0.02. And the median was 0.05.
VOYA's Equity-to-Asset is ranked worse than 83.27% of 526
companies
in the Diversified Financial Services industry
Industry Median: 0.91
vs VOYA: 0.03
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Voya Financial Equity-to-Asset Related Terms
Voya Financial Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Voya Financial's Equity-to-Asset can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
VOYA vs FRHC, HTH, TMS: Equity-to-Asset Comparison
For the Financial Conglomerates subindustry, Voya Financial's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Voya Financial Equity-to-Asset vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Voya Financial's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Voya Financial's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Voya Financial's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Voya Financial (VOYA) has a Equity-to-Asset of 0.03 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Voya Financial and its competitors. This is 40% below median its historical median of 0.05. Over the past decade, Voya Financial's Equity-to-Asset has ranged from 0.02 to 0.07. According to the industry distribution chart, Voya Financial ranks #438 out of 526 companies in the Diversified Financial Services industry, placing it in the top 83.3%.
Is Voya Financial's Equity-to-Asset too high?
Voya Financial's current Equity-to-Asset of 0.03 is 40% below median its 10-year median of 0.05. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.07. The Diversified Financial Services industry median Equity-to-Asset is 0.91. Voya Financial's value of 0.03 is 96.7% below this industry median. Based on the distribution chart, Voya Financial ranks #438 out of 526 companies in the Diversified Financial Services industry, which is in the bottom quartile relative to peers. Overall, Voya Financial has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Voya Financial's Equity-to-Asset compare to FRHC and HTH?
According to the Diversified Financial Services industry distribution chart, Voya Financial ranks #438 out of 526 companies for Equity-to-Asset. This places Voya Financial in the lower half of its industry. The industry median Equity-to-Asset is 0.91. Voya Financial's value of 0.03 is 96.7% below this benchmark. Historically, Voya Financial's own Equity-to-Asset has ranged from 0.02 to 0.07 over the past decade. While the company's 10-year median is 0.05 vs. the industry median of 0.91, Voya Financial has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Diversified Financial Services company?
The median Equity-to-Asset among Diversified Financial Services companies is 0.91, based on 526 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Voya Financial's current Equity-to-Asset of 0.03 is 96.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Voya Financial and its competitors. For the Diversified Financial Services industry, the median Equity-to-Asset is 0.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Voya Financial's current Equity-to-Asset is 0.03, which is 40% below median its own 10-year median of 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voya Financial stock overvalued right now?
Based on GuruFocus' analysis, Voya Financial (VOYA) is currently considered Modestly Overvalued. The stock's GF Value™ is $82.98, compared to a current price of $102.87 — trading 24% above its estimated fair value. The current Equity-to-Asset is 0.03, which is 40% below median its 10-year median of 0.05 and 96.7% below the Diversified Financial Services industry median of 0.91. Voya Financial's overall GF Score™ is 77/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Voya Financial (VOYA), the current Equity-to-Asset is 0.03 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Voya Financial (VOYA) Overvalued in 2026?
Based on GuruFocus' analysis, Voya Financial stock appears to be overvalued.
The current stock price of $102.87 is trading 24% above its estimated GF Value™ of $82.98.
GuruFocus considers Voya Financial to be Modestly Overvalued.
Key valuation signals for VOYA:
Equity-to-Asset: 0.03 (40% below median its 10-year median of 0.05)
GF Value™: $82.98 vs. price of $102.87 (24% above fair value)
Industry Position: 96.7% below the Diversified Financial Services median (#438 of 526)
No single metric tells the full story. See the VOYA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Voya Financial Inc is a financial services company, which, through its subsidiaries, provides various investment, insurance, and retirement solutions to individual and institutional clients in the United States. Its products and services include tax savings plans, individual retirement accounts, group life insurance plans, and employee benefits products, among others. The company tailors each of its products to the needs of its customer base. It operates its business through three principal lines: Retirement, Investment Management and Employee Benefits.The majority revenue is from Retirement segment.
77GF Score
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