IVZ

MKT CAP:$11B

Invesco Ltd.

Market Cap

$11B

Financial Services·Asset Management·🇺🇸 United States·NYSE

Financials·Asset Management·🇺🇸·NYSE

Stock Price

$24.81-$2.13 (-7.91%)

Apr 17, 2026

Company Details

Invesco Ltd. is a publicly owned investment manager. The firm provides its services to retail clients, institutional clients, high-net worth clients, public entities, corporations, unions, non-profit organizations, endowments, foundations, ...

CEO

Andrew Ryan Schlossberg

IPO Date

Aug 25, 1995

Website

www.invesco.com

Key Metrics TTM

Revenue

$5.6B

— YoY

Net Income

-$177M

EPS (Diluted)

-$0.76

Free Cash Flow

$1.2B

Revenue / Share

$12.34

Gross Margin

36.7%

Operating Margin

-7.6%

Net Margin

-3.1%

FCF Margin

21.2%

P/S

2.0x

P/E

—

Earnings Reports

Q3 2024

Apr 28, 2026

PENDING

Q2 2024

Jul 31, 2024

$1.5BEPS $0.29

Q1 2024

May 1, 2024

$1.5BEPS $0.31

FY 2023

Feb 21, 2024

$5.7BEPS -$0.73

Q4 2023

Feb 21, 2024

$1.4BEPS -$1.64

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 17	$1.4B	$603M	$344M
Q4 18	$1.3B	$546M	$230M
Q4 23	$1.4B	$485M	-$1.1B
Q1 24	$1.5B	$499M	$213M
Q2 24	$1.5B	$536M	$207M

Valuation

Quarter	P/S	P/E
Q4 17	—	—
Q4 18	—	—
Q4 23	—	—
Q1 24	1.4x	187.8x
Q2 24	1.2x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 17	$359M	$330M
Q4 18	$167M	$133M
Q4 23	$714M	$674M
Q1 24	-$54M	-$75M
Q2 24	$489M	$462M

Capital Expenditures

Quarter	CapEx
Q4 17	$29M
Q4 18	$34M
Q4 23	$40M
Q1 24	$21M
Q2 24	$27M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 24	+7.8%	+23.8%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 17	$40M	2.9%
Q4 18	$48M	3.8%
Q4 23	$21M	1.5%
Q1 24	$21M	1.4%
Q2 24	$18M	1.2%

OpEx Breakdown

Quarter	G&A	S&M
Q4 17	$115M	$41M
Q4 18	$37M	$40M
Q4 23	$136M	$26M
Q1 24	$139M	$18M
Q2 24	$180M	$21M

Revenue Segments

Quarter	Distribution and Shareholder Service	Financial Service, Other	Investment Advice	Investment Performance
Q4 23	$345M	$46M	$1.0B	$20M
Q1 24	$377M	$49M	$1.0B	$800.0K
Q2 24	$362M	$47M	$1.1B	$9M

Revenue by Geography

Quarter	Americas	Asia	EMEA, Excluding United Kingdom
Q4 23	$1.1B	$66M	$266M
Q1 24	$1.1B	$69M	$266M
Q2 24	$1.1B	$62M	$276M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$1.3B	$29M	$1.3B
Q2 22	$937M	$27M	$963M
Q3 22	$1.0B	$22M	$1.0B
Q4 22	$1.4B	$0	$1.4B
Q1 23	$889M	$26M	$915M
Q2 23	$1.0B	$15M	$1.0B
Q3 23	$1.6B	$0	$1.6B
Q4 23	$1.9B	$0	$1.9B
Q1 24	$1.4B	$0	$1.4B
Q2 24	$1.5B	$0	$1.5B
Q3 24	$1.6B	$0	$1.6B
Q4 24	$1.5B	$0	$1.5B
Q1 25	$1.9B	$0	$1.9B
Q2 25	$1.5B	$0	$1.5B
Q3 25	$1.5B	$0	$1.5B
Q4 25	$2.0B	$0	$2.0B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 17	411M	—	—
Q4 18	410M	-0.1%	—
Q4 23	453M	+10.5%	—
Q1 24	454M	+0.1%	—
Q2 24	456M	+0.6%	+11.1%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q4 17	$195.7K	7K
Q4 18	$168.4K	7K
Q4 23	$166.3K	9K
Q1 24	$173.6K	9K
Q2 24	$174.5K	9K

Revenue / Employee