Invesco Plc (IVZ) financial statements
Invesco Plc reported revenue of $6.4B in fiscal 2025, up 3.4% a year over 9 years.
Net income was -$726M and the operating margin -10.9%, against 24.3% in 2016.
Free cash flow was $1.4B, and the company returned $377M in dividends and $124M in net buybacks.
The diluted share count rose 10% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Invesco Plc's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.7B | $5.2B | $5.3B | $6.1B | $6.1B | $6.9B | $6.0B | $5.7B | $6.1B | $6.4B |
| Selling, general and admin | $409M | $429M | $459M | $540M | $564M | $523M | $588M | $650M | $676M | $660M |
| Operating income | $1.2B | $1.3B | $1.2B | $808M | $920M | $1.8B | $1.3B | -$435M | $832M | -$696M |
| Interest expense | $93M | $95M | $112M | $136M | $129M | $95M | $85M | $70M | $58M | $82M |
| Pre-tax income | $1.2B | $1.4B | $1.1B | $973M | $1.1B | $2.5B | $1.2B | -$238M | $1.0B | -$379M |
| Income tax | $338M | $268M | $255M | $235M | $262M | $531M | $322M | -$70M | $253M | -$205M |
| Net income | $854M | $1.1B | $883M | $565M | $525M | $1.4B | $684M | -$334M | $538M | -$726M |
| EPS (diluted) | $2.06 | $2.75 | $2.14 | $1.28 | $1.13 | $2.99 | $1.49 | -$0.73 | $1.18 | -$1.60 |
| Diluted shares | 415M | 410M | 412M | 440M | 462M | 465M | 460M | 456M | 458M | 455M |
| Operating margin | 24.3% | 24.8% | 22.7% | 13.2% | 15.0% | 25.9% | 21.8% | -7.6% | 13.7% | -10.9% |
| Net margin | 18.0% | 21.8% | 16.6% | 9.2% | 8.5% | 20.2% | 11.3% | -5.8% | 8.9% | -11.4% |
Balance sheet
Fiscal years, from Invesco Plc's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $1.3B | $2.4B | $1.1B | $1.0B | $1.4B | $1.9B | $1.2B | $1.5B | $986M | $1.0B |
| Property, plant and equipment | $465M | $491M | $469M | $584M | $564M | $518M | $561M | $600M | $479M | $379M |
| Goodwill | $6.1B | $6.6B | $7.2B | $8.5B | $8.9B | $8.9B | $8.6B | $8.7B | $8.3B | $8.5B |
| Total assets | $25.7B | $31.7B | $31.0B | $39.4B | $36.5B | $32.7B | $29.8B | $28.9B | $27.0B | $27.1B |
| Total liabilities | $17.8B | $22.5B | $21.6B | $24.7B | $21.5B | $16.0B | $12.9B | $13.0B | $11.3B | $14.1B |
| Shareholders' equity | $7.5B | $8.7B | $8.6B | $13.9B | $14.4B | $15.5B | $15.2B | $14.6B | $14.6B | $12.2B |
| Net debt | -$1.3B | -$2.0B | -$1.1B | -$1.0B | -$1.4B | -$1.9B | -$1.2B | -$1.5B | -$986M | -$1.0B |
Cash flow
Fiscal years, from Invesco Plc's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $654M | $1.2B | $829M | $1.1B | $1.2B | $1.1B | $703M | $1.3B | $1.2B | $1.5B |
| Capital spending | $148M | $112M | $102M | $124M | $115M | $109M | $193M | $164M | $69M | $84M |
| Free cash flow | $506M | $1.0B | $726M | $992M | $1.1B | $969M | $510M | $1.1B | $1.1B | $1.4B |
| Stock-based compensation | $160M | $175M | $172M | $208M | $188M | $140M | $106M | $115M | $105M | $80M |
| Dividends paid | $460M | $472M | $491M | $529M | $357M | $308M | $335M | $358M | $372M | $377M |
| Share buybacks (net) | -$535M | -$64M | -$52M | -$111M | — | -$61M | -$245M | -$188M | -$79M | -$124M |
| Net borrowing | $0 | $0 | — | — | — | — | — | $0 | $0 | $993M |
| Free cash flow margin | 10.7% | 20.3% | 13.7% | 16.2% | 18.1% | 14.1% | 8.4% | 19.9% | 18.5% | 22.6% |
| Dividends per share | $1.11 | $1.15 | $1.19 | $1.20 | $0.77 | $0.66 | $0.73 | $0.78 | $0.81 | $0.83 |
Questions
What was Invesco Plc's revenue in 2025?
$6.4B in fiscal 2025, from its 10-K filing.
How much free cash flow does Invesco Plc generate?
$1.4B in fiscal 2025 (operating cash flow minus capital spending).
From Invesco Plc's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.