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JHG vs IVZ
Revenue, margins, valuation, and 5-year total return — side by side.
Asset Management
JHG vs IVZ — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Asset Management | Asset Management |
| Market Cap | $7.71B | $11.92B |
| Revenue (TTM) | $3.10B | $6.38B |
| Net Income (TTM) | $798M | $-243M |
| Gross Margin | 71.8% | 43.2% |
| Operating Margin | 31.5% | -10.9% |
| Forward P/E | 12.0x | 10.4x |
| Total Debt | $396M | $10.12B |
| Cash & Equiv. | $1.25B | $1.98B |
JHG vs IVZ — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Janus Henderson Gro… (JHG) | 100 | 239.8 | +139.8% |
| Invesco Ltd. (IVZ) | 100 | 328.9 | +228.9% |
Price return only. Dividends and distributions are not included.
Quick Verdict: JHG vs IVZ
Each card shows where this stock fits in a portfolio — not just who wins on paper.
JHG carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 0 yrs, beta 0.92
- Rev growth 25.2%, EPS growth 104.3%
- 205.7% 10Y total return vs IVZ's 22.4%
IVZ is the clearest fit if your priority is value and dividends.
- Lower P/E (10.4x vs 12.0x)
- 3.1% yield; 4-year raise streak; the other pay no meaningful dividend
- +93.1% vs JHG's +50.0%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 25.2% NII/revenue growth vs IVZ's 5.1% | |
| Value | Lower P/E (10.4x vs 12.0x) | |
| Quality / Margins | Efficiency ratio 0.4% vs IVZ's 0.5% (lower = leaner) | |
| Stability / Safety | Beta 0.92 vs IVZ's 1.67, lower leverage | |
| Dividends | 3.1% yield; 4-year raise streak; the other pay no meaningful dividend | |
| Momentum (1Y) | +93.1% vs JHG's +50.0% | |
| Efficiency (ROA) | Efficiency ratio 0.4% vs IVZ's 0.5% |
JHG vs IVZ — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
JHG vs IVZ — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
JHG leads this category, winning 4 of 4 comparable metrics.
Income & Cash Flow (Last 12 Months)
IVZ is the larger business by revenue, generating $6.4B annually — 2.1x JHG's $3.1B. JHG is the more profitable business, keeping 25.8% of every revenue dollar as net income compared to IVZ's -4.4%.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $3.1B | $6.4B |
| EBITDAEarnings before interest/tax | $1.0B | $1.2B |
| Net IncomeAfter-tax profit | $798M | -$243M |
| Free Cash FlowCash after capex | $390M | $1.9B |
| Gross MarginGross profit ÷ Revenue | +71.8% | +43.2% |
| Operating MarginEBIT ÷ Revenue | +31.5% | -10.9% |
| Net MarginNet income ÷ Revenue | +25.8% | -4.4% |
| FCF MarginFCF ÷ Revenue | — | +22.6% |
| Rev. Growth (YoY)Latest quarter vs prior year | — | — |
| EPS Growth (YoY)Latest quarter vs prior year | +2.4% | +34.2% |
Valuation Metrics
IVZ leads this category, winning 4 of 5 comparable metrics.
Valuation Metrics
On an enterprise value basis, JHG's 6.8x EV/EBITDA is more attractive than IVZ's 16.3x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $7.7B | $11.9B |
| Enterprise ValueMkt cap + debt − cash | $6.8B | $20.1B |
| Trailing P/EPrice ÷ TTM EPS | 9.87x | -16.77x |
| Forward P/EPrice ÷ next-FY EPS est. | 12.00x | 10.44x |
| PEG RatioP/E ÷ EPS growth rate | 0.20x | — |
| EV / EBITDAEnterprise value multiple | 6.76x | 16.34x |
| Price / SalesMarket cap ÷ Revenue | 2.49x | 1.87x |
| Price / BookPrice ÷ Book value/share | 1.29x | 0.94x |
| Price / FCFMarket cap ÷ FCF | — | 8.27x |
Profitability & Efficiency
JHG leads this category, winning 9 of 9 comparable metrics.
Profitability & Efficiency
JHG delivers a 13.0% return on equity — every $100 of shareholder capital generates $13 in annual profit, vs $-2 for IVZ. JHG carries lower financial leverage with a 0.06x debt-to-equity ratio, signaling a more conservative balance sheet compared to IVZ's 0.78x. On the Piotroski fundamental quality scale (0–9), JHG scores 8/9 vs IVZ's 6/9, reflecting strong financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +13.0% | -1.7% |
| ROA (TTM)Return on assets | +9.6% | -0.9% |
| ROICReturn on invested capital | +12.1% | -2.3% |
| ROCEReturn on capital employed | +13.5% | -2.6% |
| Piotroski ScoreFundamental quality 0–9 | 8 | 6 |
| Debt / EquityFinancial leverage | 0.06x | 0.78x |
| Net DebtTotal debt minus cash | -$858M | $8.1B |
| Cash & Equiv.Liquid assets | $1.3B | $2.0B |
| Total DebtShort + long-term debt | $396M | $10.1B |
| Interest CoverageEBIT ÷ Interest expense | 34.34x | -6.19x |
Total Returns (Dividends Reinvested)
JHG leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in JHG five years ago would be worth $15,950 today (with dividends reinvested), compared to $11,090 for IVZ. Over the past 12 months, IVZ leads with a +93.1% total return vs JHG's +50.0%. The 3-year compound annual growth rate (CAGR) favors JHG at 28.2% vs IVZ's 20.9% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +8.0% | +0.4% |
| 1-Year ReturnPast 12 months | +50.0% | +93.1% |
| 3-Year ReturnCumulative with dividends | +110.6% | +76.8% |
| 5-Year ReturnCumulative with dividends | +59.5% | +10.9% |
| 10-Year ReturnCumulative with dividends | +205.7% | +22.4% |
| CAGR (3Y)Annualised 3-year return | +28.2% | +20.9% |
Risk & Volatility
JHG leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
JHG is the less volatile stock with a 0.92 beta — it tends to amplify market swings less than IVZ's 1.67 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. JHG currently trades 96.0% from its 52-week high vs IVZ's 90.6% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.92x | 1.67x |
| 52-Week HighHighest price in past year | $53.76 | $29.61 |
| 52-Week LowLowest price in past year | $34.54 | $14.04 |
| % of 52W HighCurrent price vs 52-week peak | +96.0% | +90.6% |
| RSI (14)Momentum oscillator 0–100 | 58.7 | 60.7 |
| Avg Volume (50D)Average daily shares traded | 3.0M | 5.1M |
Analyst Outlook
IVZ leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
Wall Street rates JHG as "Hold" and IVZ as "Hold". Consensus price targets imply 10.8% upside for IVZ (target: $30) vs -6.0% for JHG (target: $49). IVZ is the only dividend payer here at 3.10% yield — a key consideration for income-focused portfolios.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Hold |
| Price TargetConsensus 12-month target | $48.50 | $29.72 |
| # AnalystsCovering analysts | 14 | 28 |
| Dividend YieldAnnual dividend ÷ price | — | +3.1% |
| Dividend StreakConsecutive years of raises | 0 | 4 |
| Dividend / ShareAnnual DPS | — | $0.83 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +15.6% |
JHG leads in 4 of 6 categories (Income & Cash Flow, Profitability & Efficiency). IVZ leads in 2 (Valuation Metrics, Analyst Outlook).
JHG vs IVZ: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is JHG or IVZ a better buy right now?
For growth investors, Janus Henderson Group plc (JHG) is the stronger pick with 25.
2% revenue growth year-over-year, versus 5. 1% for Invesco Ltd. (IVZ). Janus Henderson Group plc (JHG) offers the better valuation at 9. 9x trailing P/E (12. 0x forward), making it the more compelling value choice. Analysts rate Janus Henderson Group plc (JHG) a "Hold" — based on 14 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — JHG or IVZ?
On forward P/E, Invesco Ltd.
is actually cheaper at 10. 4x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — JHG or IVZ?
Over the past 5 years, Janus Henderson Group plc (JHG) delivered a total return of +59.
5%, compared to +10. 9% for Invesco Ltd. (IVZ). Over 10 years, the gap is even starker: JHG returned +205. 7% versus IVZ's +22. 4%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — JHG or IVZ?
By beta (market sensitivity over 5 years), Janus Henderson Group plc (JHG) is the lower-risk stock at 0.
92β versus Invesco Ltd. 's 1. 67β — meaning IVZ is approximately 82% more volatile than JHG relative to the S&P 500. On balance sheet safety, Janus Henderson Group plc (JHG) carries a lower debt/equity ratio of 6% versus 78% for Invesco Ltd. — giving it more financial flexibility in a downturn.
05Which is growing faster — JHG or IVZ?
By revenue growth (latest reported year), Janus Henderson Group plc (JHG) is pulling ahead at 25.
2% versus 5. 1% for Invesco Ltd. (IVZ). On earnings-per-share growth, the picture is similar: Janus Henderson Group plc grew EPS 104. 3% year-over-year, compared to -235. 6% for Invesco Ltd.. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — JHG or IVZ?
Janus Henderson Group plc (JHG) is the more profitable company, earning 25.
8% net margin versus -4. 4% for Invesco Ltd. — meaning it keeps 25. 8% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: JHG leads at 31. 5% versus -10. 9% for IVZ. At the gross margin level — before operating expenses — JHG leads at 71. 8%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is JHG or IVZ more undervalued right now?
On forward earnings alone, Invesco Ltd.
(IVZ) trades at 10. 4x forward P/E versus 12. 0x for Janus Henderson Group plc — 1. 6x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for IVZ: 10. 8% to $29. 72.
08Which pays a better dividend — JHG or IVZ?
In this comparison, IVZ (3.
1% yield) pays a dividend. JHG does not pay a meaningful dividend and should not be held primarily for income.
09Is JHG or IVZ better for a retirement portfolio?
For long-horizon retirement investors, Janus Henderson Group plc (JHG) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
92), +205. 7% 10Y return). Invesco Ltd. (IVZ) carries a higher beta of 1. 67 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (JHG: +205. 7%, IVZ: +22. 4%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between JHG and IVZ?
Both stocks operate in the Financial Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: JHG is a small-cap high-growth stock; IVZ is a mid-cap income-oriented stock. IVZ pays a dividend while JHG does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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