Voya FinancialSTU:V0Y -0.63%77 ROE % is 15.25% as of Mar. 2026, which is 78% above its 10-year median of 8.58. GuruFocus rates STU:V0Y with a GF Score™ of 77/100 and a GF Value™ of €71.29 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 493 Diversified Financial Services companies, Voya Financial ranks better than 94.12% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Voya Financial's annualized net income for the quarter that ended in Mar. 2026 was €630 Mil. Voya Financial's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was €4,130 Mil. Therefore, Voya Financial's annualized ROE % for the quarter that ended in Mar. 2026 was 15.25%.
The historical rank and industry rank for Voya Financial's ROE % or its related term are showing as below:
STU:V0Y'
s ROE % Range Over the Past 10 Years
Min: -26.01 Med: 8.58 Max: 25.81
Current: 14.42
During the past 13 years, Voya Financial's highest ROE % was 25.81%. The lowest was -26.01%. And the median was 8.58%.
STU:V0Y's ROE % is ranked better than 94.12% of 493
companies
in the Diversified Financial Services industry
Industry Median: 1.65
vs STU:V0Y: 14.42
Voya Financial (STU:V0Y) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Voya Financial ROE % Related Terms
Voya Financial ROE % Historical Data
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The historical data trend for Voya Financial's ROE % 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.
For the Financial Conglomerates subindustry, Voya Financial's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Voya Financial's ROE % distribution charts can be found below:
* The bar in red indicates where Voya Financial's ROE % falls into.
* 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.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Voya Financial (STU:V0Y) has a ROE % of 15.25% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Voya Financial and its competitors. This is 78% above median its historical median of 8.58. According to the industry distribution chart, Voya Financial ranks #29 out of 493 companies in the Diversified Financial Services industry, placing it in the top 5.9%.
Is Voya Financial's ROE % too high?
Voya Financial's current ROE % of 15.25% is 78% above median its 10-year median of 8.58. The Diversified Financial Services industry median ROE % is 1.65. Voya Financial's value of 15.25% is 824.2% above this industry median. Based on the distribution chart, Voya Financial ranks #29 out of 493 companies in the Diversified Financial Services industry, which is in the top quartile — a strong position 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 ROE % compare to FRHC and HTH?
According to the Diversified Financial Services industry distribution chart, Voya Financial ranks #29 out of 493 companies for ROE %. This places Voya Financial in the top 6% of its industry — outperforming the majority of peers. The industry median ROE % is 1.65. Voya Financial's value of 15.25% is 824.2% above this benchmark. While the company's 10-year median is 8.58 vs. the industry median of 1.65, Voya Financial has consistently been above 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 ROE % for a Diversified Financial Services company?
The median ROE % among Diversified Financial Services companies is 1.65, based on 493 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Voya Financial's current ROE % of 15.25% is 824.2% above 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Voya Financial and its competitors. For the Diversified Financial Services industry, the median ROE % is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Voya Financial's current ROE % is 15.25%, which is 78% above median its own 10-year median of 8.58. 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 (STU:V0Y) is currently considered Modestly Overvalued. The stock's GF Value™ is €71.29, compared to a current price of €79.00 — trading 10.8% above its estimated fair value. The current ROE % is 15.25%, which is 78% above median its 10-year median of 8.58 and 824.2% above the Diversified Financial Services industry median of 1.65. Voya Financial's overall GF Score™ is 77/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Voya Financial (STU:V0Y), the current ROE % is 15.25% as of Mar. 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 (STU:V0Y) Overvalued in 2026?
Based on GuruFocus' analysis, Voya Financial stock appears to be overvalued.
The current stock price of €79.00 is trading 10.8% above its estimated GF Value™ of €71.29.
GuruFocus considers Voya Financial to be Modestly Overvalued.
Key valuation signals for STU:V0Y:
ROE %: 15.25% (78% above median its 10-year median of 8.58)
GF Value™: €71.29 vs. price of €79.00 (10.8% above fair value)
Industry Position: 824.2% above the Diversified Financial Services median (#29 of 493)
No single metric tells the full story. See the STU:V0Y 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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