Voya Financial, Inc. (VOYA)

Voya Financial, Inc. (VOYA) is a leading health, wealth, and investment company headquartered in New York City. Led by CEO Heather Lavallee, Voya’s strategic mission is to "help Americans become well planned, well invested, and well protected." The company holds a premier industry position in the retirement and workplace benefits markets, serving over 15 million individual and institutional clients. Voya’s vision is to be "America’s Retirement Company." By late 2025, VOYA stock has seen strong gains, driven by a 19% increase in Retirement segment earnings and the successful integration of OneAmerica’s retirement business.

The business operations of Voya are categorized into Wealth Solutions, Health Solutions, and Investment Management. In fiscal 2025, the company reported adjusted operating EPS of $2.46, with $0.2 billion in excess capital generation. A primary growth driver is the "OneAmerica Synergy Program," which is expected to yield significant cost savings through 2026. The 2026 strategic roadmap focuses on "Enhanced Stop Loss Execution" within the Health segment to improve margins and "OneVoya" cross-selling across workplace platforms. Voya holds a "Scale Moat" in the retirement space, with an RBC ratio of 401%—well above its 375% target. With its capital-light business model and aggressive share buybacks, Voya remains a dominant force in the financial services landscape, consistently returning value to shareholders while maintaining a fortress balance sheet.