Sifting through countless of stocks in the Financial Services industry can be tedious, and sometimes two stocks are just too similar to judge which is the better investment. If you’re on the fence about investing in Voya Financial, Inc. or Jackson Financial Inc. because you’re not sure how they measure up, it’s important to compare them on a few factors before making your decision.

Read on to learn how Voya Financial, Inc. and Jackson Financial Inc. compare based on key financial metrics to determine which better meets your investment needs.

About Voya Financial, Inc. and Jackson Financial Inc.

Voya Financial, Inc. provides workplace benefits, and savings solutions and technologies in the United States and internationally. The company operates through three segments: Retirement, Investment Management and Employee Benefits. The Retirement segment offers full-service retirement products; recordkeeping services; stable value and fixed general account investment products; non-qualified plan administration services; and tools, guidance, and services to promote the financial well-being and retirement security of employees. This segment also provides wealth management services, such as individual retirement, managed, and brokerage accounts, as well as financial guidance and advisory services. This segment serves corporate, public and private school systems, higher education institutions, hospitals and healthcare facilities, other non-profit organizations, and state and local governments, as well as institutional clients and individual customers. The Employee Benefits segment offers various insurance products comprising stop loss, group life, group disability, whole and term life, critical illness, accident, and hospital indemnity insurance. This segment also provides worksite employee benefits, health account solutions, leave management, benefits administration, health plan enrollment, financial wellness, and decision support products and services to mid-size and large corporate employers and professional associations. The Investment Management segment provides fixed income, equity, multi-asset, and alternative products and solutions to individual investors, financial intermediaries, and institutional clients through its direct sales force, consultant channel, intermediary partners, banks, broker-dealers, and independent financial advisers. The company was formerly known as ING U.S., Inc. and changed its name to Voya Financial, Inc. in April 2014. Voya Financial, Inc. was founded in 1975 and is based in New York, New York.

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. The Retail Annuities segment offers various retirement income and savings products, including variable, fixed index, fixed, and payout annuities, as well as registered index-linked annuities and lifetime income solutions. The Institutional Products segment provides traditional guaranteed investment contracts; funding agreements backed by commercial paper; funding agreements comprising agreements issued in conjunction with its participation in the U.S. federal home loan bank program; and medium-term funding agreement-backed notes. The Closed Life and Annuity Blocks segment offers various protection products, such as whole life, universal life, variable universal life, and term life insurance products, as well as fixed, fixed index, and payout annuities. The company also provides investment management services. It sells its products through a distribution network that includes independent broker-dealers, wirehouses, regional broker-dealers, banks, independent registered investment advisors, third-party platforms, and insurance agents. The company was formerly known as Brooke (Holdco1) Inc. and changed its name to Jackson Financial Inc. in July 2020. Jackson Financial Inc. was incorporated in 2006 and is headquartered in Lansing, Michigan.

Latest Financial Services and Voya Financial, Inc., Jackson Financial Inc. Stock News

As of September 2, 2026, Voya Financial, Inc. had a $9.3 billion market capitalization, compared to the Financial Services median of $2.3 million. Voya Financial, Inc.’s stock is up 40.8% in 2026, up 3.7% in the previous five trading days and up 37.58% in the past year.

Currently, Voya Financial, Inc.’s price-earnings ratio is 17.2. Voya Financial, Inc.’s trailing 12-month revenue is $8.2 billion with a 7.4% net profit margin. Year-over-year quarterly sales growth most recently was -4.3%. Analysts expect adjusted earnings to reach $9.129 per share for the current fiscal year. Voya Financial, Inc. currently has a 1.8% dividend yield.

As of September 2, 2026, Jackson Financial Inc. had a $9.3 billion market cap, putting it in the 76th percentile of all stocks. Jackson Financial Inc.’s stock is up 30.7% in 2026, up 4.4% in the previous five trading days and up 41.11% in the past year.

Currently, Jackson Financial Inc.’s price-earnings ratio is 163.0. Jackson Financial Inc.’s trailing 12-month revenue is $6.5 billion with a 1.6% net profit margin. As of September 2, 2026, Jackson Financial Inc. has not reported significant year-over-year quarterly sales. Analysts expect adjusted earnings to reach $26.874 per share for the current fiscal year. Jackson Financial Inc. currently has a 2.6% dividend yield.

How We Compare Voya Financial, Inc. and Jackson Financial Inc. Stock Grades

Stock evaluation requires access to huge amounts of data and the knowledge and time to sift through it all, make sense of financial ratios, read income statements and analyze recent stock movements. AAII created A+ Investor, a robust data suite that condenses data research in an actionable and customizable way suitable for investors of all knowledge levels, to help investors streamline and work through such data.

AAII’s proprietary stock grades come with A+ Investor. These offer intuitive A‐F grades for each of five key investing factors: value, growth, momentum, earnings estimate revisions and quality. Here, we’ll take a closer look at Voya Financial, Inc. and Jackson Financial Inc.’s stock grades to see how they measure up against one another.

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Voya Financial, Inc. and Jackson Financial Inc. Stock Value Grades

Company	Ticker	Value
Voya Financial, Inc.	VOYA	B
Jackson Financial Inc.	JXN	C

Successful stock investing involves buying low and selling high, so stock valuation is an important consideration for stock selection.

Buying stocks that are going to go up typically means buying stocks that are undervalued in the first place, although momentum investors may argue that point.

AAII’s A+ Investor Value Grade derives from a stock’s value score. The Value Score is the percentile rank of the average of the percentile ranks of the price-to-sales ratio, price-earnings ratio, enterprise-value-to-EBITDA (EV/EBITDA) ratio, shareholder yield, price-to-book-value ratio and price-to-free-cash-flow ratio. The score is variable, meaning it can consider all six ratios or, should any of the six ratios not be valid, the remaining ratios that are valid. To be assigned a Value Score, stocks must have a valid (non-null) ratio and corresponding ranking for at least two of the six valuation ratios.

Stocks with a Value Score from 81 to 100 are considered deep value, those with a score between 61 and 80 are a good value and so on.

Voya Financial, Inc. has a Value Score of 75, which is Value. Jackson Financial Inc. has a Value Score of 54, which is Average.

The Value Stock Winner: Voya Financial, Inc.

As you can clearly see from the Value Grade breakdown above, Voya Financial, Inc. is considered to have better value than Jackson Financial Inc.. For investors who focus solely on a company’s valuation, Voya Financial, Inc. could be a good stock to add to their portfolio. However, it’s important for investors to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

Voya Financial, Inc. and Jackson Financial Inc.’s Quality Grades

Company	Ticker	Quality
Voya Financial, Inc.	VOYA	D
Jackson Financial Inc.	JXN	D

Like the Value Grade, AAII’s A+ Investor Quality Grade comes from the percentile rank of key metrics. Specifically, the Quality Score is the percentile rank of the average of the percentile ranks of return on assets (ROA), return on invested capital (ROIC), gross profit relative to assets, buyback yield, change in total liabilities to assets, accruals, Z double prime bankruptcy risk (Z) score and the F-Score.

The score is variable, meaning it can consider all eight measures or, should any of the eight measures not be valid, the remaining measures that are valid. To be assigned a Quality Score, stocks must have a valid (non-null) measure and corresponding ranking for at least four of the eight quality measures.

The Quality Score is used to assess the underlying “quality” of a particular stock. A higher-quality stock possesses traits associated with upside potential and reduced downside risk. Backtesting of the Quality Grade shows that stocks with higher grades, on average, outperformed stocks with lower grades over the period of 1998 through 2019.

Stocks receive better grades (higher scores) for having higher scores for the quality subcomponents and worse grades (lower scores) for lower scores for the subcomponents.

Voya Financial, Inc. has a Quality Score of 39, which is Weak. Jackson Financial Inc. has a Quality Score of 36, which is Weak.

The Quality Stock Winner: No Clear Winner

Neither Voya Financial, Inc. or Jackson Financial Inc. has a high enough Quality Grade to be considered a “winner.” Investors who are considering these companies should do additional due diligence and research to see if either could be a good addition to their portfolios. It’s important to look at a wide range of financial metrics in order to determine if Voya Financial, Inc. or Jackson Financial Inc. is the better investment when it comes to quality.

Voya Financial, Inc. and Jackson Financial Inc.’s Estimate Revisions Grades

Company	Ticker	Earnings Estimate
Voya Financial, Inc.	VOYA	D
Jackson Financial Inc.	JXN	B

Earnings estimate revisions scores consider the magnitude of a company’s earnings surprise in its last two reported fiscal quarters. Often, positive surprises beget further positive surprises‐or at least continued sales growth (the exact opposite is generally true, too).

Estimate revisions offer an indication of what analysts are thinking about the short-term prospects of a firm. Estimate revisions are based on the statistical significance of a firm’s last two quarterly earnings surprises and the percentage change in its consensus estimate for the current fiscal year over the past month and past three months.

Voya Financial, Inc. has a Earnings Estimate Score of 35, which is Negative. Jackson Financial Inc. has a Earnings Estimate Score of 64, which is Positive.

The Earnings Estimate Revisions Grade Winner: Jackson Financial Inc.

As you can clearly see from the Earnings Estimate Revisions Grade breakdown above, Jackson Financial Inc. has a better Earnings Estimate Revisions Grade than Voya Financial, Inc.. For those who are specifically looking for companies with better short-term prospects when compared to other companies in the same industry, Jackson Financial Inc. could be a good stock to invest in. However, it’s important to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

Other Voya Financial, Inc. and Jackson Financial Inc. Grades

In addition to Quality, Value and Estimate Revisions, A+ Investor also provides grades for Growth and Momentum.

Momentum grades help uncover stocks experiencing anomalously high rates of return; research finds that stocks with high relative levels of momentum tend to outperform, whereas those with low levels of momentum tend to continue underperforming.

Growth investing builds on the idea that stocks of companies exhibiting strong, consistent and prolonged growth outperform those of slower-growth companies. AAII measures growth through consistency of annual sales growth, five-year sales growth rankings adjusted for extreme levels, and consistency of positive annual cash from operations.

These 2 key factors, when combined with the above, provide a holistic view into a particular stock. Further, by joining A+ Investor you can see whether Voya Financial, Inc. and Jackson Financial Inc. pass any of our 60+ stock screens that have outperformed the market since their creation.

So, Which Is the Better Investment, Voya Financial, Inc. or Jackson Financial Inc. Stock?

Overall, Voya Financial, Inc. stock has a Value Score of 75, Estimate Revisions Score of 35 and Quality Score of 39.

Jackson Financial Inc. stock has a Value Score of 54, Estimate Revisions Score of 64 and Quality Score of 36.

Comparing Voya Financial, Inc. and Jackson Financial Inc.’s grades, scores and metrics can act as a solid basis to determine whether they may be a good investment or not. You’ll also want to look at your portfolio’s asset allocation as well as your risk tolerance and financial goals to see if either of these stocks would make a good fit for you. AAII can help you figure out which investments align with your individual needs and preferences.

Investors are encouraged to do their own due diligence and research. In this way, individuals can effectively become managers of their own assets‐without having to rely on others for financial independence. You can count on AAII for timeless articles on financial planning and stock-picking, unbiased research and actionable analysis.

A+ Investor adds to our qualitative teaching with a powerful data suite to help you whittle down investment choices to find stocks, exchange-traded funds (ETFs) or mutual funds that meet your needs.

AAII Disclaimer

We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown, because past, hypothetical or simulated performance is not necessarily indicative of future results. Before making an investment decision, you should consider your circumstances and whether the information on our content is applicable to your situation. This information was prepared in good faith, and we accept no liability for any errors or omissions. The full disclaimer can be read here.