Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Voya Financial's share price for the quarter that ended in Dec. 2023 was $72.96. Voya Financial's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 103 Mil. Therefore, Voya Financial's market cap for the quarter that ended in Dec. 2023 was $7,504 Mil.
Voya Financial's quarterly market cap
declined
from Jun. 2023 ($7,581 Mil) to Sep. 2023 ($6,982 Mil) but then
increased
from Sep. 2023 ($6,982 Mil) to Dec. 2023 ($7,504 Mil).
Voya Financial's annual market cap
declined
from Dec. 2021 ($7,145 Mil) to Dec. 2022 ($5,976 Mil) but then
increased
from Dec. 2022 ($5,976 Mil) to Dec. 2023 ($7,504 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Voya Financial's Enterprise Value for Today is $9,303 Mil.
Voya Financial Market Cap Historical Data
The historical data trend for Voya Financial's Market Cap 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.
Competitive Comparison of Voya Financial's Market Cap
For the Financial Conglomerates subindustry, Voya Financial's Market Cap, along with its competitors' market caps and Market Cap 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's Market Cap Distribution in the Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Voya Financial's Market Cap distribution charts can be found below:
* The bar in red indicates where Voya Financial's Market Cap falls into.
Voya Financial Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Voya Financial's Market Cap for the fiscal year that ended in Dec. 2023 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 (NYSE:VOYA) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Voya Financial Market Cap Related Terms
Thank you for viewing the detailed overview of Voya Financial's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Voya Financial (Voya Financial) Business Description
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: Wealth Solutions, Investment Management, and Health Solutions The Wealth segment generates roughly half of the company's revenue.
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