IVZ Financials Invesco

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated 28 h ago Overview →

Growth & profitability

Revenue has grown 0.7% per year over the past 5 years.
Operating margin has contracted, at -10.9% in the latest year.
Free cash flow has grown 5.3% per year over the past 5 years.

Financial health

Total debt ($1.8B) exceeds cash ($1.0B); net debt is $788M.
Total debt has grown slower than revenue (-2.6% vs 0.7% per year).
Operating income covered interest expense -8.4× in the latest year.

Shareholder returns

Dividends have been paid for 15 consecutive years, consuming 26.2% of free cash flow.
The dividend has grown 1.1% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
2025	$6.4B	-$175M	0.0%	-10.9%	$1.4B	$1.8B	$1.0B
2024	$6.1B	$752M	0.0%	13.7%	$1.1B	$891M	$987M
2023	$5.7B	-$168M	0.0%	-7.6%	$1.1B	$1.5B	$1.5B
2022	$6.0B	$926M	0.0%	21.8%	$510M	$1.5B	$1.2B
2021	$6.9B	$2.0B	0.0%	25.9%	$969M	$2.1B	$1.9B
2020	$6.1B	$808M	0.0%	15.0%	$1.1B	$2.1B	$1.4B
2019	$6.1B	$738M	0.0%	13.2%	$992M	$2.1B	$1.0B
2018	$5.3B	$883M	0.0%	22.7%	$726M	$2.4B	$1.1B
2017	$5.2B	$1.2B	0.0%	24.8%	$1.0B	$2.1B	$2.0B
2016	$4.7B	$868M	0.0%	24.3%	$506M	$2.1B	$1.3B
2015	—	$964M	—	—	$1.0B	$2.1B	$1.9B
2014	—	$1.0B	—	—	$1.1B	$1.6B	$1.5B
2013	—	$983M	—	—	$692M	$1.6B	$1.3B
2012	—	$587M	—	—	$720M	$1.2B	$836M
2011	—	$622M	—	—	$858M	$1.3B	$727M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
Mar '26	$1.7B	$219M	0.0%	19.1%	$198M	$2.0B	$807M
Dec '25	$1.7B	-$996M	0.0%	-86.2%	$432M	$1.8B	$1.0B
Sep '25	$1.6B	$356M	0.0%	16.5%	$586M	$1.6B	$973M
Jun '25	$1.5B	$197M	0.0%	14.1%	$530M	$1.9B	$923M
Mar '25	$1.5B	$267M	0.0%	18.1%	-$108M	$965M	$822M
Dec '24	$1.6B	$239M	0.0%	19.6%	$324M	$891M	$987M
Sep '24	$1.5B	$104M	0.0%	6.6%	$410M	$890M	$1.0B
Jun '24	$1.5B	$196M	0.0%	13.9%	$462M	$890M	$879M
Mar '24	$1.5B	$214M	0.0%	14.4%	-$75M	$1.3B	$896M
Dec '23	$1.4B	-$667M	0.0%	-76.1%	$674M	$1.5B	$1.5B
Sep '23	$1.4B	$169M	0.0%	15.8%	$315M	$1.5B	$1.2B
Jun '23	$1.4B	$164M	0.0%	14.1%	$285M	$1.5B	$1.0B
Mar '23	$1.4B	$166M	0.0%	14.8%	-$137M	$1.5B	$889M
Dec '22	$1.4B	$301M	0.0%	17.0%	$390M	$1.5B	$1.2B
Sep '22	$1.4B	$168M	0.0%	24.2%	$429M	$1.5B	$1.0B
Jun '22	$1.5B	$219M	0.0%	22.5%	$90M	$1.7B	$937M
Mar '22	$1.6B	$238M	0.0%	23.2%	-$399M	$2.1B	$1.3B
Dec '21	$1.8B	$557M	0.0%	28.9%	-$39M	$2.1B	$1.9B
Sep '21	$1.8B	$546M	0.0%	26.5%	$575M	$2.1B	$1.8B
Jun '21	$1.7B	$495M	0.0%	27.4%	$481M	$2.1B	$1.3B

Valuation over time

How the market has priced IVZ against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 7.9× (Mar '23) to 14.4× (Nov '25).
The price-to-sales ratio has risen from 1.2× (Mar '23) to 1.8× (Jun '26).
The dividend yield has fallen from 4.6% (Mar '23) to 3.3% (Jun '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is IVZ growing its revenue and profit?

Over the past 5 years, Invesco's revenue has grown 0.7% per year. These are computed facts, not advice.

How much debt does IVZ have?

As of FY2025, Invesco reported $1.8B of total debt against $1.0B of cash; operating income covered interest expense -8.4×.

What is IVZ's profit margin?

In FY2025, gross margin was —, operating margin -10.9%, and net margin -2.7%.

What is IVZ's P/E ratio?

As of Jun '26, Invesco traded at a price-to-earnings ratio of about 14.4× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.