Voya Financial (VOYA) FY2021 results: revenue $4.2 billion, down 45.4% on the year
Voya Financial, Inc. (VOYA) reported revenue of $4.2 billion for fiscal 2021, the year ended 31 December 2021, down 45.4% on the year before. Net income was $2.4 billion, and diluted earnings per share $18.56. The figures are the company's own, from the 10-K it filed with the SEC on 22 February 2022.
Revenue
$4.2 billion
-45.4% on the year
FY2014FY2021
Operating margin
73.9%
4.6% a year earlier
FY2014FY2021
Net income
$2.4 billion
FY2014FY2021
Diluted EPS
$18.56
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
22.0
1,362
1,310
-98.4%
Cash from investing
-327
-2,461
-1,255
Cash from financing
-265
1,702
-121
Share-based compensation
88.0
88.0
98.0
0.0%
Buybacks
1,113
516
1,136
+115.7%
Dividends paid
36.0
36.0
44.0
0.0%
Dividend per share
$0.69
$0.60
$0.32
+15.8%
Diluted shares, weighted
126m
132m
147m
-4.6%
Shares outstanding at period end
108m
124m
132m
-13.3%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
8,253
10,110
9,339
-18.4%
Non-controlling interest
1,568
1,068
822
+46.8%
Redeemable equity
0.0
n/a
n/a
Short-term borrowings
1.0
1.0
1.0
0.0%
Debt
2,596
3,045
3,043
-14.7%
Other liabilities
158,844
166,294
155,846
-4.5%
Total liabilities and equity
171,262
180,518
169,051
-5.1%
Goodwill
72.0
48.0
48.0
+50.0%
Intangible assets
97.0
76.0
87.0
+27.6%
Securities held for sale or to maturity
33,699
43,569
39,663
-22.7%
Cash and equivalents
1,402
1,502
1,181
-6.7%
Other assets
135,992
135,323
128,072
+0.5%
Total assets
171,262
180,518
169,051
-5.1%
10-K for the year ended 31 December 2021, filed 22 February 2022: the filing.