American Financial Group vs Voya Financial
Add, change or remove companies; up to four.
KIRAβs take AI analyst
I put American Financial Group and Voya Financial side by side, using each oneβs latest annual report. Here is what stands out:
- Voya Financial is the larger business, with $8.2B of revenue in fiscal 2025 against $8.2B for American Financial Group.
- Voya Financial grew revenue faster (1.7%, against β1.8%).
- Investors pay more for each dollar of Voya Financialβs earnings: a P/E of 16.3x against 13.2x for American Financial Group.
Who comes out ahead
Of the 5 measures where higher (or lower) is clearly better, how many each company leads.
American Financial Group
AFG
3/5
5-year growthOperating marginNet margin
Voya Financial
VOYA
2/5
Revenue growthShare count change
Side by side
Best in the row
| Latest fiscal year | AFG FY25 | VOYA FY25 |
|---|---|---|
| Size | ||
| Market cap | $12.6B | $8.9B |
| Revenue | $8.2B | $8.2B |
| Free cash flow | β | β |
| Net income | $842M | $654M |
| Growth | ||
| Revenue growth | β1.8% | 1.7% |
| 5-year growth | 7.2% | 1.4% |
| Share count change | β0.5% | β3.9% |
| Profitability | ||
| Gross margin | β | β |
| Operating margin | 13.1% | 12.7% |
| Net margin | 10.3% | 8.0% |
| FCF margin | β | β |
| Return on capital | 17.8% | β |
| Return on equity | 18.1% | β |
| Balance sheet | ||
| Net debt | $93.0M | $1.4B |
| Net debt / EBITDA | 0.1x | β |
| Dividends and buybacks | $705M | $378M |
| Valuation & quality | ||
| P/E | 13.2x | 16.3x |
| Piotroski F-score | β | β |
Ten years
Revenue
Operating margin
Free cash flow
Return on capital
Each company's latest fiscal year; fiscal years end in different months. The best value in each row is highlighted where higher (or lower) is clearly better. Not investment advice.