Jackson Financial (JXN) vs Voya Financial (VOYA)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.
Summary
Jackson Financial (JXN) has outperformed Voya Financial (VOYA) over the past year, gaining 29.7% versus a gain of 27.0%. Over five years, JXN leads with a +361.4% price change compared with +37.9% for VOYA. Jackson Financial is the larger company by market cap ($8.79 billion vs $8.58 billion), about 1.0 times the size.
On valuation, Jackson Financial trades at a lower forward P/E (4.1x vs 8.3x for Voya Financial). Jackson Financial offers the higher dividend yield (2.62% vs 1.96%). Voya Financial converts more of its revenue into profit, with a net margin of 8.0% versus 0.4%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | JXN | VOYA |
|---|---|---|
| Share price | $129.71 | $94.67 |
| Market cap | $8.79B | $8.58B |
| 1-day change | -2.52% | -2.04% |
| YTD return | +21.62% | +27.09% |
| 1-year return | +29.72% | +27.01% |
| 5-year return | +361.44% | +37.88% |
| P/E ratio (TTM) | 142.54 | 15.94 |
| Forward P/E | 4.06 | 8.32 |
| EPS (TTM) | $0.91 | $5.94 |
| Dividend yield | 2.62% | 1.96% |
| Annual dividend | $3.40 | $1.86 |
| Revenue (latest FY) | $6.68B | $8.19B |
| Revenue growth (YoY) | +104.31% | +1.73% |
| Net income (latest FY) | $27.00M | $654.00M |
| Operating margin | — | 12.68% |
| Net margin | 0.40% | 7.99% |
| 52-week high | $140.90 | $105.64 |
| 52-week low | $89.67 | $64.50 |
| Distance from 52-week high | -7.94% | -10.38% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +15.06% | +14.69% |
| Average volume | 692.90K | 1.05M |
| Shares outstanding | 67.73M | 90.60M |
| Employees | 3,090 | 11,000 |
| Sector | Financial Services | Finance |
| Industry | Insurance - Life | Life Insurance |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Jackson Financial trades at a higher earnings multiple (142.5x vs 15.9x trailing P/E).
- Voya Financial is more profitable, keeping 8.0 cents of every revenue dollar as net income versus 0.4 cents for Jackson Financial.
- Jackson Financial grew revenue faster in its latest fiscal year (+104.31% vs +1.73%).
- The two companies sit in different sectors: Jackson Financial in Financial Services and Voya Financial in Finance.
About Jackson Financial
JXN stock →Jackson Financial Inc., through its subsidiaries, provides suite of annuities to retail investors in the United States. It operates through three segments: Retail Annuities, Institutional Products, and Closed Life and Annuity Blocks.
Financial Services · Insurance - Life · 3,090 employees
About Voya Financial
VOYA stock →Voya Financial, Inc. provides workplace benefits, and savings solutions and technologies in the United States and internationally.
Finance · Life Insurance · 11,000 employees
JXN vs VOYA FAQ
Which is bigger, Jackson Financial or Voya Financial?
Jackson Financial (JXN) is larger, with a market capitalization of $8.79B compared with $8.58B for Voya Financial (VOYA).
Which stock has performed better over the past year, JXN or VOYA?
JXN returned +29.72% over the past 12 months, compared with +27.01% for VOYA (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, JXN or VOYA?
VOYA has the lower trailing P/E at 15.9, versus 142.5 for JXN. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Jackson Financial or Voya Financial?
Jackson Financial has the higher yield at 2.62%, compared with 1.96% for Voya Financial.
Are Jackson Financial and Voya Financial in the same industry?
No. Jackson Financial is in the Financial Services sector, while Voya Financial is in Finance.