vs

Side-by-side financial comparison of PAR PACIFIC HOLDINGS, INC. (PARR) 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 $1.8B, roughly 1.1× PAR PACIFIC HOLDINGS, INC.). Voya Financial, Inc. runs the higher net margin — 9.6% vs 2.5%, a 7.1% gap on every dollar of revenue. On growth, PAR PACIFIC HOLDINGS, INC. posted the faster year-over-year revenue change (4.5% vs 3.1%). Over the past eight quarters, Voya Financial, Inc.'s revenue compounded faster (96.1% CAGR vs -4.9%).

Par Pacific Holdings is a Houston-based American oil and gas exploration and production company. Known as Par Petroleum Corporation after it emerged from bankruptcy, it was renamed Par Pacific Holdings on October 20, 2015. As of 2017 it was a Fortune 1000 corporation.

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.

PARR vs VOYA — Head-to-Head

Bigger by revenue
VOYA
VOYA
1.1× larger
VOYA
$2.0B
$1.8B
PARR
Growing faster (revenue YoY)
PARR
PARR
+1.4% gap
PARR
4.5%
3.1%
VOYA
Higher net margin
VOYA
VOYA
7.1% more per $
VOYA
9.6%
2.5%
PARR
Faster 2-yr revenue CAGR
VOYA
VOYA
Annualised
VOYA
96.1%
-4.9%
PARR

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
PARR
PARR
VOYA
VOYA
Revenue
$1.8B
$2.0B
Net Profit
$46.2M
$195.0M
Gross Margin
Operating Margin
3.1%
Net Margin
2.5%
9.6%
Revenue YoY
4.5%
3.1%
Net Profit YoY
279.1%
29.1%
EPS (diluted)
$1.10
$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
PARR
PARR
VOYA
VOYA
Q1 26
$1.8B
$2.0B
Q4 25
$1.8B
$603.0M
Q3 25
$2.0B
$572.0M
Q2 25
$1.9B
$542.0M
Q1 25
$1.7B
$538.0M
Q4 24
$1.8B
$561.0M
Q3 24
$2.1B
$542.0M
Q2 24
$2.0B
$528.0M
Net Profit
PARR
PARR
VOYA
VOYA
Q1 26
$46.2M
$195.0M
Q4 25
$77.7M
$140.0M
Q3 25
$262.6M
$192.0M
Q2 25
$59.5M
$166.0M
Q1 25
$-30.4M
$156.0M
Q4 24
$-55.7M
$97.0M
Q3 24
$7.5M
$114.0M
Q2 24
$18.6M
$205.0M
Operating Margin
PARR
PARR
VOYA
VOYA
Q1 26
3.1%
Q4 25
5.5%
28.0%
Q3 25
17.8%
53.7%
Q2 25
5.1%
34.7%
Q1 25
-0.9%
32.2%
Q4 24
-2.6%
21.4%
Q3 24
1.7%
21.4%
Q2 24
2.4%
52.3%
Net Margin
PARR
PARR
VOYA
VOYA
Q1 26
2.5%
9.6%
Q4 25
4.3%
23.2%
Q3 25
13.0%
33.6%
Q2 25
3.1%
30.6%
Q1 25
-1.7%
29.0%
Q4 24
-3.0%
17.3%
Q3 24
0.3%
21.0%
Q2 24
0.9%
38.8%
EPS (diluted)
PARR
PARR
VOYA
VOYA
Q1 26
$1.10
$1.75
Q4 25
$1.40
$1.41
Q3 25
$5.16
$1.80
Q2 25
$1.17
$1.66
Q1 25
$-0.57
$1.42
Q4 24
$-0.98
$0.99
Q3 24
$0.13
$0.98
Q2 24
$0.32
$1.96

Balance Sheet & Financial Strength

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

Metric
PARR
PARR
VOYA
VOYA
Cash + ST InvestmentsLiquidity on hand
$172.2M
$969.0M
Total DebtLower is stronger
$2.5B
Stockholders' EquityBook value
$1.5B
$6.5B
Total Assets
$173.4B
Debt / EquityLower = less leverage
0.39×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PARR
PARR
VOYA
VOYA
Q1 26
$172.2M
$969.0M
Q4 25
$164.1M
Q3 25
$159.1M
Q2 25
$169.2M
Q1 25
$133.7M
Q4 24
$191.9M
Q3 24
$183.0M
Q2 24
$179.7M
Total Debt
PARR
PARR
VOYA
VOYA
Q1 26
$2.5B
Q4 25
$802.9M
$2.1B
Q3 25
$967.1M
$2.1B
Q2 25
$1.1B
$2.1B
Q1 25
$1.2B
$2.1B
Q4 24
$1.1B
$2.5B
Q3 24
$1.0B
$2.5B
Q2 24
$1.1B
$2.1B
Stockholders' Equity
PARR
PARR
VOYA
VOYA
Q1 26
$1.5B
$6.5B
Q4 25
$1.5B
$5.0B
Q3 25
$1.4B
$5.0B
Q2 25
$1.1B
$4.6B
Q1 25
$1.1B
$4.4B
Q4 24
$1.2B
$4.0B
Q3 24
$1.3B
$4.7B
Q2 24
$1.3B
$4.0B
Total Assets
PARR
PARR
VOYA
VOYA
Q1 26
$173.4B
Q4 25
$3.8B
$178.9B
Q3 25
$4.1B
$177.4B
Q2 25
$3.9B
$172.4B
Q1 25
$3.8B
$163.9B
Q4 24
$3.8B
$163.9B
Q3 24
$3.9B
$166.9B
Q2 24
$3.9B
$161.3B
Debt / Equity
PARR
PARR
VOYA
VOYA
Q1 26
0.39×
Q4 25
0.53×
0.42×
Q3 25
0.69×
0.42×
Q2 25
0.97×
0.45×
Q1 25
1.04×
0.48×
Q4 24
0.93×
0.62×
Q3 24
0.83×
0.53×
Q2 24
0.84×
0.52×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PARR
PARR

Segment breakdown not available.

VOYA
VOYA

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

Related Comparisons