Latest revenue
$1.74B
as of 2026-03-31
Latest net income
—
as of 2026-03-31
Net margin
—
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $11.99B
- Enterprise value
- $12.64B
- P/E (trailing)
- 599.6×
- Forward P/E
- —
- P/B
- 0.86×
- Dividend yield
- 3.1%
- 52-wk high
- $29.61
- 52-wk low
- $14.15
- Beta
- —
- Shares out
- 443.3M
5-year trend
What this company does
Invesco is a global asset manager that runs mutual funds, ETFs, and institutional portfolios across equity, fixed income, and alternative strategies. It earns the bulk of its revenue from investment management fees charged on assets under management, supplemented by service and distribution fees. The company repurchased $1 billion of preferred shares from MassMutual in 2025, funded partly by new bank term loans, while operating income jumped roughly 47% year-over-year on stronger fee revenue and lower compensation costs.
Generated from IVZ's filing dated 2026-02-24
Key risks
- Debt nearly doubled to $1.62B from $891M after $993M new bank term loans; interest expense rose 92% YoY to $25.7M quarterly.
- Preferred share repurchase of $1.15B (vs $1.0B carrying value) triggered $159.3M cost charge, reducing common EPS despite stronger operating results.
- Heavy CIP consolidation inflates balance sheet: $9.56B CIP assets and $8.31B CIP debt, obscuring true leverage and exposing investors to VIE volatility.
Generated from IVZ's filing dated 2026-02-24
Profitability
Operating margin
-10.9%
179.5%Net margin
0.3%
96.5%Return on equity
0.2%
95.6%Return on assets
0.1%
96.3%Leverage
Debt / equity
1.22×
42.1%Long-term debt / equity
0.15×
143.9%Debt / assets
54.9%
19.0%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $1.74B | +14.1% | — | — | — |
Q4 2025 2025-12-31 | $1.69B | +6.2% | — | — | — |
Q3 2025 2025-09-30 | $1.64B | +8.2% | — | — | — |
Q2 2025 2025-06-30 | $1.52B | +2.2% | — | — | — |
Q1 2025 2025-03-31 | $1.53B | +3.7% | $171.1M | +20.9% | 11.2% |
Q4 2024 2024-12-31 | $1.59B | — | $209.3M | — | 13.1% |
Q3 2024 2024-09-30 | $1.52B | +5.1% | $55.0M | -58.1% | 3.6% |
Q2 2024 2024-06-30 | $1.48B | +2.8% | $132.2M | 0.0% | 8.9% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Investment Advice · SIC 6282
Your notes
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Insider activity
Insider buying
$0
Insider selling
$6.1M
Net activity
−$6.1M
Distinct insiders
2
Open-market trades over the last 365 days.
Recent transactions
| Date | Insider | Type | Shares | Price | Value |
|---|
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns IVZ
Institutional value
$6.16B
Total shares held
256.7M
Distinct holders
440
As of
2026-03-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | MASSACHUSETTS MUTUAL LIFE INSURANCE CO | 81.3M | $1.98B | — | New |
| 2 | BlackRock, Inc. | 38.7M | $941.2M | — | New |
| 3 | VANGUARD CAPITAL MANAGEMENT LLC | 28.0M | $679.3M | — | New |
| 4 | DIMENSIONAL FUND ADVISORS LP | 21.4M | $518.8M | — | New |
| 5 | VANGUARD PORTFOLIO MANAGEMENT LLC | 19.3M | $467.9M | — | New |
| 6 | Invesco Ltd. | 10.6M | $256.5M | — | New |
| 7 | Bank of New York Mellon Corp | 3.4M | $83.4M | — | New |
| 8 | UBS Group AG | 2.9M | $70.0M | — | New |
| 9 | VANGUARD FIDUCIARY TRUST CO | 2.5M | $60.0M | — | New |
| 10 | LOS ANGELES CAPITAL MANAGEMENT LLC | 2.1M | $50.9M | — | New |
| 11 | DEUTSCHE BANK AG\ | 2.0M | $48.3M | — | New |
| 12 | Nuveen, LLC | 2.0M | $47.4M | — | New |
| 13 | FIRST TRUST ADVISORS LP | 1.8M | $44.3M | — | New |
| 14 | CITIGROUP INC | 1.7M | $41.3M | — | New |
| 15 | WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | 1.5M | $35.8M | — | New |
| 16 | SEI INVESTMENTS CO | 1.4M | $35.7M | — | New |
| 17 | Fisher Asset Management, LLC | 1.5M | $35.5M | — | New |
| 18 | JPMORGAN CHASE & CO | 1.5M | $34.5M | — | New |
| 19 | WEDGE CAPITAL MANAGEMENT L L P/NC | 1.2M | $30.0M | — | New |
| 20 | LETKO, BROSSEAU & ASSOCIATES INC | 1.2M | $29.1M | — | New |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
- 1
Employee comp dropped $103.8M YoY in Q3 despite revenue up 8%—is this sustainable, or are you under-accruing variable comp ahead of bonus season?
- 2
You took a $159.3M loss repurchasing $1.15B of preferred and added $993M term loans—what's the IRR justification versus buying back common at current levels?
- 3
Q3 tax provision was a $9.7M benefit versus $41.5M expense last year—what discrete items drove this and what's the normalized rate going forward?
Refreshed when IVZ files a new report · last from 2026-02-24