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Side-by-side financial comparison of Lamb Weston (LW) 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 ($2.0B vs $1.6B, roughly 1.3× Lamb Weston). Voya Financial, Inc. runs the higher net margin — 9.6% vs 3.5%, a 6.2% gap on every dollar of revenue. On growth, Voya Financial, Inc. posted the faster year-over-year revenue change (3.1% vs -67.7%). Over the past eight quarters, Voya Financial, Inc.'s revenue compounded faster (96.1% CAGR vs -2.7%).

Lamb Weston Holdings, Inc. is an American food processing company that is one of the world's largest producers and processors of frozen french fries, waffle fries, and other frozen potato products. It is headquartered in Eagle, Idaho, a suburb of Boise.

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.

LW vs VOYA — Head-to-Head

Bigger by revenue
VOYA
VOYA
1.3× larger
VOYA
$2.0B
$1.6B
LW
Growing faster (revenue YoY)
VOYA
VOYA
+70.8% gap
VOYA
3.1%
-67.7%
LW
Higher net margin
VOYA
VOYA
6.2% more per $
VOYA
9.6%
3.5%
LW
Faster 2-yr revenue CAGR
VOYA
VOYA
Annualised
VOYA
96.1%
-2.7%
LW

Income Statement — Q2 FY2027 vs Q1 FY2026

Metric
LW
LW
VOYA
VOYA
Revenue
$1.6B
$2.0B
Net Profit
$54.0M
$195.0M
Gross Margin
21.2%
Operating Margin
8.1%
Net Margin
3.5%
9.6%
Revenue YoY
-67.7%
3.1%
Net Profit YoY
-70.1%
29.1%
EPS (diluted)
$0.39
$1.75

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
LW
LW
VOYA
VOYA
Q3 26
$1.6B
Q1 26
$1.6B
$2.0B
Q4 25
$1.6B
$603.0M
Q3 25
$1.7B
$572.0M
Q2 25
$1.7B
$542.0M
Q1 25
$1.5B
$538.0M
Q4 24
$1.6B
$561.0M
Q3 24
$1.7B
$542.0M
Net Profit
LW
LW
VOYA
VOYA
Q3 26
$54.0M
Q1 26
$54.0M
$195.0M
Q4 25
$62.1M
$140.0M
Q3 25
$64.3M
$192.0M
Q2 25
$119.9M
$166.0M
Q1 25
$146.0M
$156.0M
Q4 24
$-36.1M
$97.0M
Q3 24
$127.4M
$114.0M
Gross Margin
LW
LW
VOYA
VOYA
Q3 26
21.2%
Q1 26
21.2%
Q4 25
20.0%
Q3 25
20.6%
Q2 25
20.4%
Q1 25
27.8%
Q4 24
17.4%
Q3 24
21.5%
Operating Margin
LW
LW
VOYA
VOYA
Q3 26
8.1%
Q1 26
8.1%
Q4 25
8.6%
28.0%
Q3 25
9.4%
53.7%
Q2 25
11.1%
34.7%
Q1 25
16.4%
32.2%
Q4 24
1.2%
21.4%
Q3 24
12.8%
21.4%
Net Margin
LW
LW
VOYA
VOYA
Q3 26
3.5%
Q1 26
3.5%
9.6%
Q4 25
3.8%
23.2%
Q3 25
3.9%
33.6%
Q2 25
7.2%
30.6%
Q1 25
9.6%
29.0%
Q4 24
-2.3%
17.3%
Q3 24
7.7%
21.0%
EPS (diluted)
LW
LW
VOYA
VOYA
Q3 26
$0.39
Q1 26
$0.39
$1.75
Q4 25
$0.44
$1.41
Q3 25
$0.46
$1.80
Q2 25
$0.84
$1.66
Q1 25
$1.03
$1.42
Q4 24
$-0.25
$0.99
Q3 24
$0.88
$0.98

Balance Sheet & Financial Strength

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

Metric
LW
LW
VOYA
VOYA
Cash + ST InvestmentsLiquidity on hand
$57.5M
$969.0M
Total DebtLower is stronger
$269.2M
$2.5B
Stockholders' EquityBook value
$1.8B
$6.5B
Total Assets
$7.4B
$173.4B
Debt / EquityLower = less leverage
0.15×
0.39×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LW
LW
VOYA
VOYA
Q3 26
$57.5M
Q1 26
$57.5M
$969.0M
Q4 25
$82.7M
Q3 25
$98.6M
Q2 25
$70.7M
Q1 25
$67.5M
Q4 24
$79.0M
Q3 24
$120.8M
Total Debt
LW
LW
VOYA
VOYA
Q3 26
$269.2M
Q1 26
$3.6B
$2.5B
Q4 25
$3.6B
$2.1B
Q3 25
$3.7B
$2.1B
Q2 25
$3.7B
$2.1B
Q1 25
$3.7B
$2.1B
Q4 24
$3.7B
$2.5B
Q3 24
$3.4B
$2.5B
Stockholders' Equity
LW
LW
VOYA
VOYA
Q3 26
$1.8B
Q1 26
$1.8B
$6.5B
Q4 25
$1.8B
$5.0B
Q3 25
$1.8B
$5.0B
Q2 25
$1.7B
$4.6B
Q1 25
$1.6B
$4.4B
Q4 24
$1.6B
$4.0B
Q3 24
$1.8B
$4.7B
Total Assets
LW
LW
VOYA
VOYA
Q3 26
$7.4B
Q1 26
$7.4B
$173.4B
Q4 25
$7.3B
$178.9B
Q3 25
$7.2B
$177.4B
Q2 25
$7.4B
$172.4B
Q1 25
$7.4B
$163.9B
Q4 24
$7.5B
$163.9B
Q3 24
$7.5B
$166.9B
Debt / Equity
LW
LW
VOYA
VOYA
Q3 26
0.15×
Q1 26
1.99×
0.39×
Q4 25
2.08×
0.42×
Q3 25
2.05×
0.42×
Q2 25
2.12×
0.45×
Q1 25
2.25×
0.48×
Q4 24
2.26×
0.62×
Q3 24
1.87×
0.53×

Cash Flow & Capital Efficiency

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

Metric
LW
LW
VOYA
VOYA
Operating Cash FlowLast quarter
$595.6M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
11.03×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LW
LW
VOYA
VOYA
Q3 26
$595.6M
Q1 26
$65.2M
Q4 25
$178.4M
$557.0M
Q3 25
$352.0M
$168.0M
Q2 25
$868.3M
$742.0M
Q1 25
$56.0M
$-179.0M
Q4 24
$99.1M
$79.0M
Q3 24
$330.2M
$719.0M
Free Cash Flow
LW
LW
VOYA
VOYA
Q3 26
Q1 26
$-36.3M
Q4 25
$101.0M
Q3 25
$274.4M
Q2 25
$230.1M
Q1 25
$-19.8M
Q4 24
$-49.6M
Q3 24
$4.3M
FCF Margin
LW
LW
VOYA
VOYA
Q3 26
Q1 26
-2.3%
Q4 25
6.2%
Q3 25
16.5%
Q2 25
13.7%
Q1 25
-1.3%
Q4 24
-3.1%
Q3 24
0.3%
Capex Intensity
LW
LW
VOYA
VOYA
Q3 26
Q1 26
6.5%
Q4 25
4.8%
Q3 25
4.7%
Q2 25
38.1%
Q1 25
5.0%
Q4 24
9.3%
Q3 24
19.7%
Cash Conversion
LW
LW
VOYA
VOYA
Q3 26
11.03×
Q1 26
1.21×
Q4 25
2.87×
3.98×
Q3 25
5.47×
0.88×
Q2 25
7.24×
4.47×
Q1 25
0.38×
-1.15×
Q4 24
0.81×
Q3 24
2.59×
6.31×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LW
LW

Segment breakdown not available.

VOYA
VOYA

Premiums$744.0M37%
Fee income$604.0M30%
Other$574.0M28%
Other revenues$109.0M5%

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