COMP <GO>
VOYA vs LNC // OPTIONS IMPLIED MOVE & PUT/CALL SKEW
Voya Financial Inc. (NYSE) VS. Lincoln National Corporation (NYSE) • 15-METRIC TALLY: VOYA 9
— LNC 3
■ METRIC PARITY
LAST: $98.05 (-0.35%) • MKT CAP: $8.88B
options-implied-move
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LAST: $41.01 (-0.87%) • MKT CAP: $7.85B
options-implied-move
—
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (VOYA VS. LNC)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | VOYA | LNC | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 85.00% | 0.90% | +84.10 | VOYA | /roic <GO> |
| EV/EBITDA & P/E Valuation | 4.0x | 60.3x | -56.30 | VOYA | /valuation <GO> |
| Free Cash Flow Yield | 13.31% | -12.46% | +25.77 | VOYA | /fcf-yield <GO> |
| Operating Margin | 46.00% | 7.90% | +38.10 | VOYA | /operating-margins <GO> |
| Net Profit Margin | 29.00% | 6.50% | +22.50 | VOYA | /net-margins <GO> |
| Revenue Growth (YoY) | 4.90% | -1.20% | +6.10 | VOYA | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 2.00% | 4.10% | -2.10 | LNC | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 8/9 | 3/9 | +5.00 | VOYA | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew ACTIVE | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 53.8 | 50.8 | +3.00 | VOYA | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 0.91 | 0.93 | -0.02 | LNC | /macro-sensitivity <GO> |
| Forward P/E Multiple | 12.6x | 6.2x | +6.40 | LNC | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $8.88B | $7.85B | $1.03B | VOYA | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | VOYA REV | LNC REV | VOYA GROSS % | LNC GROSS % | VOYA FCF | LNC FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $2.25B | $18.21B | — | — | $1.19B | -$986.5M |
| FY 2024 | $2.15B | $18.44B | — | — | $1.25B | -$2.84B |
| FY 2023 | $1.94B | $11.64B | — | — | $1.55B | -$2.60B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
VOYA // BETA 0.91
LNC // BETA 0.93