Jackson Financial vs Voya Financial
Voya Financial is the larger business, with $8.19bn of revenue in fiscal 2025 against $6.68bn for Jackson Financial (1.2 times as much). Jackson Financial grew faster (104.3% against 1.7%). Voya Financial kept more of each dollar of sales as profit: a net margin of 8.0% against 0.4%. Jackson Financial carries less debt relative to equity (20.4% against 54.3%).
| Latest fiscal year | Jackson FinancialJXN, 2025 | Voya FinancialVOYA, 2025 |
|---|---|---|
| Revenue | $6.68bn | $8.19bn |
| Revenue growth | 104.3% | 1.7% |
| Net income | $27.0m | $654m |
| Operating margin | — | 12.7% |
| Net margin | 0.4% | 8.0% |
| Return on equity | 0.3% | 14.6% |
| Free cash flow | — | $1.29bn |
| Cash | $5.70bn | $1.35bn |
| Total debt | $2.03bn | $2.69bn |
| Debt to equity | 20.4% | 54.3% |
| Dividend per share | — | $1.82 |
| Dividend yield | 2.5% | — |
| Share buybacks | $669m | $200m |
| Employees | 3,890 | 11,000 |
| Market value | $9.60bn | $9.33bn |
| Price vs our value range | — | — |
| Moat score | — | 46 (Moderate) |
| Insider trades, 12 months | 0 buys, 3 sales | 0 buys, 9 sales |