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Side-by-side financial comparison of EAGLE MATERIALS INC (EXP) and Voya Financial, Inc. (VOYA). Click either name above to swap in a different company.

Voya Financial, Inc. is the larger business by last-quarter revenue ($603.0M vs $556.0M, roughly 1.1× EAGLE MATERIALS INC). Voya Financial, Inc. runs the higher net margin — 23.2% vs 18.5%, a 4.7% gap on every dollar of revenue. On growth, Voya Financial, Inc. posted the faster year-over-year revenue change (7.5% vs -0.4%). Over the past eight quarters, EAGLE MATERIALS INC's revenue compounded faster (8.0% CAGR vs 7.8%).

Eagle Materials Inc. is an American producer of building materials based in Dallas, Texas. The company produces cement, concrete, construction aggregate, gypsum, wallboard, paperboard, and sand for hydraulic fracturing.

Voya Financial is an American financial, retirement, investment and insurance company based in New York City. Voya began as ING U.S., the United States operating subsidiary of ING Group, which was spun off in 2013 and established independent financial backing through an initial public offering. In April 2014, the company rebranded itself as Voya Financial. Voya's predecessors had first entered the U.S. market in the 1970s.

EXP vs VOYA — Head-to-Head

Bigger by revenue
VOYA
VOYA
1.1× larger
VOYA
$603.0M
$556.0M
EXP
Growing faster (revenue YoY)
VOYA
VOYA
+7.9% gap
VOYA
7.5%
-0.4%
EXP
Higher net margin
VOYA
VOYA
4.7% more per $
VOYA
23.2%
18.5%
EXP
Faster 2-yr revenue CAGR
EXP
EXP
Annualised
EXP
8.0%
7.8%
VOYA

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
EXP
EXP
VOYA
VOYA
Revenue
$556.0M
$603.0M
Net Profit
$102.9M
$140.0M
Gross Margin
28.9%
Operating Margin
28.0%
Net Margin
18.5%
23.2%
Revenue YoY
-0.4%
7.5%
Net Profit YoY
-13.9%
44.3%
EPS (diluted)
$3.22
$1.41

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EXP
EXP
VOYA
VOYA
Q4 25
$556.0M
$603.0M
Q3 25
$638.9M
$572.0M
Q2 25
$634.7M
$542.0M
Q1 25
$470.2M
$538.0M
Q4 24
$558.0M
$561.0M
Q3 24
$623.6M
$542.0M
Q2 24
$608.7M
$528.0M
Q1 24
$476.7M
$519.0M
Net Profit
EXP
EXP
VOYA
VOYA
Q4 25
$102.9M
$140.0M
Q3 25
$137.4M
$192.0M
Q2 25
$123.4M
$166.0M
Q1 25
$66.5M
$156.0M
Q4 24
$119.6M
$97.0M
Q3 24
$143.5M
$114.0M
Q2 24
$133.8M
$205.0M
Q1 24
$77.1M
$251.0M
Gross Margin
EXP
EXP
VOYA
VOYA
Q4 25
28.9%
Q3 25
31.3%
Q2 25
29.2%
Q1 25
22.2%
Q4 24
31.9%
Q3 24
32.7%
Q2 24
30.7%
Q1 24
25.1%
Operating Margin
EXP
EXP
VOYA
VOYA
Q4 25
28.0%
Q3 25
53.7%
Q2 25
34.7%
Q1 25
32.2%
Q4 24
32.8%
21.4%
Q3 24
34.2%
21.4%
Q2 24
32.0%
52.3%
Q1 24
26.9%
55.3%
Net Margin
EXP
EXP
VOYA
VOYA
Q4 25
18.5%
23.2%
Q3 25
21.5%
33.6%
Q2 25
19.4%
30.6%
Q1 25
14.1%
29.0%
Q4 24
21.4%
17.3%
Q3 24
23.0%
21.0%
Q2 24
22.0%
38.8%
Q1 24
16.2%
48.4%
EPS (diluted)
EXP
EXP
VOYA
VOYA
Q4 25
$3.22
$1.41
Q3 25
$4.23
$1.80
Q2 25
$3.76
$1.66
Q1 25
$2.01
$1.42
Q4 24
$3.56
$0.99
Q3 24
$4.26
$0.98
Q2 24
$3.94
$1.96
Q1 24
$2.23
$2.24

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EXP
EXP
VOYA
VOYA
Cash + ST InvestmentsLiquidity on hand
$419.0M
Total DebtLower is stronger
$2.1B
Stockholders' EquityBook value
$1.5B
$5.0B
Total Assets
$3.8B
$178.9B
Debt / EquityLower = less leverage
0.42×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EXP
EXP
VOYA
VOYA
Q4 25
$419.0M
Q3 25
$35.0M
Q2 25
$59.7M
Q1 25
$20.4M
Q4 24
$31.2M
Q3 24
$93.9M
Q2 24
$46.5M
Q1 24
$34.9M
Total Debt
EXP
EXP
VOYA
VOYA
Q4 25
$2.1B
Q3 25
$2.1B
Q2 25
$2.1B
Q1 25
$1.2B
$2.1B
Q4 24
$2.5B
Q3 24
$2.5B
Q2 24
$2.1B
Q1 24
$1.1B
$2.1B
Stockholders' Equity
EXP
EXP
VOYA
VOYA
Q4 25
$1.5B
$5.0B
Q3 25
$1.5B
$5.0B
Q2 25
$1.5B
$4.6B
Q1 25
$1.5B
$4.4B
Q4 24
$1.5B
$4.0B
Q3 24
$1.4B
$4.7B
Q2 24
$1.4B
$4.0B
Q1 24
$1.3B
$4.2B
Total Assets
EXP
EXP
VOYA
VOYA
Q4 25
$3.8B
$178.9B
Q3 25
$3.4B
$177.4B
Q2 25
$3.4B
$172.4B
Q1 25
$3.3B
$163.9B
Q4 24
$3.0B
$163.9B
Q3 24
$3.1B
$166.9B
Q2 24
$3.0B
$161.3B
Q1 24
$2.9B
$161.6B
Debt / Equity
EXP
EXP
VOYA
VOYA
Q4 25
0.42×
Q3 25
0.42×
Q2 25
0.45×
Q1 25
0.86×
0.48×
Q4 24
0.62×
Q3 24
0.53×
Q2 24
0.52×
Q1 24
0.84×
0.51×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EXP
EXP
VOYA
VOYA
Operating Cash FlowLast quarter
$170.8M
$557.0M
Free Cash FlowOCF − Capex
$60.8M
FCF MarginFCF / Revenue
10.9%
Capex IntensityCapex / Revenue
19.8%
Cash ConversionOCF / Net Profit
1.66×
3.98×
TTM Free Cash FlowTrailing 4 quarters
$231.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EXP
EXP
VOYA
VOYA
Q4 25
$170.8M
$557.0M
Q3 25
$204.6M
$168.0M
Q2 25
$136.6M
$742.0M
Q1 25
$62.8M
$-179.0M
Q4 24
$119.9M
$79.0M
Q3 24
$233.3M
$719.0M
Q2 24
$132.6M
$316.0M
Q1 24
$63.4M
$231.0M
Free Cash Flow
EXP
EXP
VOYA
VOYA
Q4 25
$60.8M
Q3 25
$96.1M
Q2 25
$60.5M
Q1 25
$14.5M
Q4 24
$72.5M
Q3 24
$166.8M
Q2 24
$99.5M
Q1 24
$30.9M
FCF Margin
EXP
EXP
VOYA
VOYA
Q4 25
10.9%
Q3 25
15.0%
Q2 25
9.5%
Q1 25
3.1%
Q4 24
13.0%
Q3 24
26.7%
Q2 24
16.3%
Q1 24
6.5%
Capex Intensity
EXP
EXP
VOYA
VOYA
Q4 25
19.8%
Q3 25
17.0%
Q2 25
12.0%
Q1 25
10.3%
Q4 24
8.5%
Q3 24
10.7%
Q2 24
5.4%
Q1 24
6.8%
Cash Conversion
EXP
EXP
VOYA
VOYA
Q4 25
1.66×
3.98×
Q3 25
1.49×
0.88×
Q2 25
1.11×
4.47×
Q1 25
0.94×
-1.15×
Q4 24
1.00×
0.81×
Q3 24
1.63×
6.31×
Q2 24
0.99×
1.54×
Q1 24
0.82×
0.92×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EXP
EXP

External Customers$283.5M51%
Gypsum Wallboard$175.9M32%
Recycled Paperboard$47.8M9%
Corporate Joint Venture$29.4M5%
Other$11.8M2%
Western Pennsylvania Acquisition$7.6M1%

VOYA
VOYA

Other$295.0M49%
Investment Management Segment$274.0M45%
Distribution Fees Member$34.0M6%

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