Voya Financial
VOYA
$66.45
Share price
-1.23%
Change (1 day)
8.72%
Change (1 year)
Categories
Operating Margin for Voya Financial (VOYA)
Operating Margin as of October 2023 (TTM): 8.98%
According to Voya Financial 's latest financial reports and stock price the company's current Operating Margin is 8.98%. At the end of 2022 the company had an Operating Margin of 9.53%.
Operating Margin history for Voya Financial from 2012 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 9.53% | -89.56% |
| 2021 | 91.20% | 1219.77% |
| 2020 | 6.91% | -31.15% |
| 2019 | 10.04% | -0.69% |
| 2018 | 10.11% | 9.98% |
| 2017 | 9.19% | -543.35% |
| 2016 | -2.07% | -122.32% |
| 2015 | 9.29% | -13.2% |
| 2014 | 10.70% | -16.6% |
| 2013 | 12.83% | 42.41% |
| 2012 | 9.01% | 80.31% |
| 2011 | 5.00% | 10.28% |
| 2010 | 4.53% | -158.66% |
| 2009 | -7.72% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Aflac AFL | 25.65% | 185.63% | 🇺🇸 USA |
 Manulife Financial MFC | 13.19% | 46.88% | 🇨🇦 Canada |
 Reinsurance Group of America
RGA | 8.09% | -9.91% | 🇺🇸 USA |
 CNO Financial Group
CNO | 12.42% | 38.31% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.