Invesco Ltd. (IVZ) Financial Ratios
29 years of historical data (1997–2025) · Financial Services · Asset Management
EV/EBITDA
↑
16.82
↑+25% vs avg
5yr avg: 13.45
30Y Low5.9·High24.7
P/FCF
↓
8.68
↓-13% vs avg
5yr avg: 9.96
30Y Low7.1·High38.5
P/B Ratio
↑
0.98
↑+60% vs avg
5yr avg: 0.61
30Y Low0.5·High5.3
ROE
↓
-2.0%
↑-154% vs avg
5yr avg: 3.6%
30Y Low-2%·High61%
Debt/EBITDA
↑
8.25
+12% vs avg
5yr avg: 7.34
30Y Low0.1·High10.5
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
IVZ Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Invesco Ltd. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis. On a free-cash-flow basis, the stock trades at 8.7x P/FCF, 13% below the 5-year average of 10.0x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $12.5B | $11.9B | $8.0B | $8.1B | $8.3B | $10.7B | $8.1B | $7.9B | $6.9B | $15.0B | $12.6B |
| Enterprise Value | $20.6B | $20.1B | $14.1B | $15.3B | $15.4B | $18.3B | $15.5B | $14.9B | $12.7B | $19.3B | $17.0B |
| P/E Ratio → | -17.58 | — | 14.81 | — | 12.07 | 7.70 | 15.42 | 14.05 | 7.82 | 13.29 | 14.31 |
| P/S Ratio | 1.96 | 1.87 | 1.32 | 1.42 | 1.37 | 1.55 | 1.31 | 1.29 | 1.30 | 2.90 | 2.66 |
| P/B Ratio | 0.98 | 0.92 | 0.51 | 0.51 | 0.49 | 0.64 | 0.54 | 0.54 | 0.74 | 1.63 | 1.59 |
| P/FCF | 8.68 | 8.27 | 7.14 | 7.16 | 16.20 | 11.05 | 7.23 | 7.98 | 9.51 | 14.32 | 24.87 |
| P/OCF | 8.20 | 7.82 | 6.72 | 6.26 | 11.76 | 9.94 | 6.55 | 7.09 | 8.33 | 12.94 | 19.25 |
P/E links to full P/E history page with 30-year chart
IVZ EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Invesco Ltd.'s enterprise value stands at 16.8x EBITDA, 25% above its 5-year average of 13.4x. The Financial Services sector median is 11.4x, placing the stock at a 48% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 3.15 | 2.32 | 2.67 | 2.54 | 2.65 | 2.52 | 2.44 | 2.40 | 3.75 | 3.60 |
| EV / EBITDA | 16.82 | 16.34 | 13.89 | 17.65 | 10.17 | 9.17 | 13.76 | 15.11 | 9.45 | 13.85 | 13.58 |
| EV / EBIT | — | — | 13.21 | — | 11.55 | 7.04 | 12.91 | 13.44 | 10.19 | 12.69 | 13.10 |
| EV / FCF | — | 13.93 | 12.54 | 13.42 | 30.16 | 18.86 | 13.87 | 15.01 | 17.53 | 18.48 | 33.63 |
IVZ Profitability
Margins and return-on-capital ratios measuring operating efficiency
Invesco Ltd. earns an operating margin of -10.9%, below the Financial Services sector average of 20.3%. Operating margins have compressed from -7.6% to -10.9% over the past 3 years, signaling potential cost pressures or competitive headwinds. A negative ROE of -2.0% indicates the company is currently destroying shareholder equity.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 43.2% | 43.2% | 33.4% | 35.1% | 40.3% | 41.1% | 38.9% | 41.1% | 41.6% | 42.1% | 41.4% |
| Operating Margin | -10.9% | -10.9% | 13.7% | -7.6% | 21.8% | 25.9% | 15.0% | 13.2% | 22.7% | 24.8% | 24.3% |
| Net Profit Margin | -4.4% | -4.4% | 12.8% | -1.7% | 15.2% | 23.6% | 12.4% | 11.3% | 16.6% | 21.8% | 18.0% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -2.0% | -2.0% | 4.9% | -0.6% | 5.5% | 10.3% | 5.1% | 5.7% | 9.5% | 13.2% | 10.2% |
| ROA | -1.0% | -1.0% | 2.8% | -0.3% | 2.9% | 4.7% | 2.0% | 2.0% | 2.8% | 3.9% | 3.4% |
| ROIC | -2.3% | -2.3% | 2.6% | -1.3% | 3.8% | 5.3% | 2.9% | 3.0% | 5.5% | 6.3% | 5.6% |
| ROCE | -2.6% | -2.6% | 3.1% | -1.6% | 4.5% | 6.2% | 3.4% | 3.6% | 6.9% | 7.9% | 7.1% |
IVZ Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Invesco Ltd. carries a Debt/EBITDA ratio of 8.2x, which is highly leveraged (93% above the sector average of 4.3x). Net debt stands at $8.1B ($10.1B total debt minus $2.0B cash).
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.78 | 0.78 | 0.48 | 0.57 | 0.51 | 0.58 | 0.61 | 0.59 | 0.82 | 0.75 | 0.82 |
| Debt / EBITDA | 8.25 | 8.25 | 7.46 | 10.47 | 5.66 | 4.87 | 8.11 | 8.80 | 5.67 | 4.93 | 5.19 |
| Net Debt / Equity | — | 0.63 | 0.39 | 0.45 | 0.42 | 0.45 | 0.49 | 0.47 | 0.62 | 0.47 | 0.56 |
| Net Debt / EBITDA | 6.63 | 6.63 | 5.98 | 8.23 | 4.71 | 3.79 | 6.59 | 7.08 | 4.33 | 3.12 | 3.54 |
| Debt / FCF | — | 5.65 | 5.40 | 6.26 | 13.96 | 7.80 | 6.64 | 7.03 | 8.03 | 4.17 | 8.76 |
| Interest Coverage | -6.63 | -6.63 | 18.33 | -2.37 | 15.64 | 27.40 | 9.27 | 8.17 | 11.21 | 16.08 | 13.92 |
IVZ Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Invesco Ltd.'s current ratio of 43.01x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has improved from 1.27x to 43.01x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 43.01 | 43.01 | 3.14 | 1.27 | 1.62 | 1.25 | 0.33 | 0.24 | 0.22 | 0.28 | 1.15 |
| Quick Ratio | 43.01 | 43.01 | 3.14 | 1.27 | 1.62 | 1.25 | 0.33 | 0.24 | 0.22 | 0.28 | 1.15 |
| Cash Ratio | 29.73 | 29.73 | 1.80 | 0.85 | 0.95 | 0.78 | 0.19 | 0.14 | 0.14 | 0.17 | 0.20 |
| Asset Turnover | — | 0.24 | 0.22 | 0.20 | 0.20 | 0.21 | 0.17 | 0.16 | 0.17 | 0.16 | 0.18 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
IVZ Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Invesco Ltd. returns 17.9% to shareholders annually — split between a 3.0% dividend yield and 14.9% buyback yield.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 3.0% | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | 47.9% | — | 36.4% | 18.9% | 46.9% | 76.9% | 55.6% | 41.8% | 53.9% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | 6.8% | — | 8.3% | 13.0% | 6.5% | 7.1% | 12.8% | 7.5% | 7.0% |
| FCF Yield | 11.5% | 12.1% | 14.0% | 14.0% | 6.2% | 9.0% | 13.8% | 12.5% | 10.5% | 7.0% | 4.0% |
| Buyback Yield | 14.9% | — | — | — | — | — | — | — | — | — | — |
| Total Shareholder Yield | 17.9% | — | — | — | — | — | — | — | — | — | — |
| Shares Outstanding | — | $454M | $458M | $456M | $460M | $465M | $463M | $441M | $413M | $410M | $415M |
Peer Comparison
Compare IVZ with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 IVZYou | $13B | -17.6 | 16.8 | 8.7 | 43.2% | -10.9% | -2.0% | -2.3% | 8.2 |
 BEN | $17B | 36.3 | 23.7 | 18.8 | 80.3% | 6.9% | 3.7% | 1.6% | 11.7 |
 TROW | $23B | 11.6 | 8.0 | 15.8 | 62.7% | 29.9% | 17.8% | 13.3% | 0.3 |
 AMG | $9B | 15.5 | 12.2 | 9.4 | 86.0% | 31.8% | 15.8% | 8.1% | 2.8 |
 VRTS | $948M | 7.1 | 16.2 | — | 74.9% | 17.4% | 13.5% | 3.0% | 13.9 |
 DHIL | $473M | 9.8 | 110.4 | — | 96.0% | 38.4% | 28.8% | 1.3% | 103.4 |
 BLK | $174B | 29.6 | 23.0 | 46.3 | 55.5% | 29.1% | 10.0% | 7.5% | 1.9 |
 STT | $49B | 17.9 | -12.3 | 11.3 | 61.4% | 16.5% | 11.1% | 4.7% | 7.0 |
 APAM | $3B | 8.9 | 6.6 | 14.8 | 45.7% | 33.4% | 37.9% | 26.7% | 1.0 |
 MORN | $6B | 17.3 | 9.5 | 13.2 | 61.0% | 21.5% | 26.3% | 15.3% | 2.0 |
 SCHW | $161B | 19.7 | 9.7 | 18.3 | 80.3% | 49.4% | 18.1% | 11.8% | 2.1 |
| Financial Services Median | — | 13.6 | 11.4 | 11.1 | 64.1% | 20.3% | 9.0% | 5.5% | 4.3 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 29 years · Updated daily
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IVZ — Frequently Asked Questions
Quick answers to the most common questions about buying IVZ stock.
What is Invesco Ltd.'s P/E ratio?
Invesco Ltd.'s current P/E ratio is -17.6x. The historical average is 18.8x.
What is Invesco Ltd.'s EV/EBITDA?
Invesco Ltd.'s current EV/EBITDA is 16.8x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 12.1x.
What is Invesco Ltd.'s ROE?
Invesco Ltd.'s return on equity (ROE) is -2.0%. The historical average is 10.3%.
Is IVZ stock overvalued?
Based on historical data, Invesco Ltd. is trading at a P/E of -17.6x. Compare with industry peers and growth rates for a complete picture.
What is Invesco Ltd.'s dividend yield?
Invesco Ltd.'s current dividend yield is 2.96%.
What are Invesco Ltd.'s profit margins?
Invesco Ltd. has 43.2% gross margin and -10.9% operating margin.
How much debt does Invesco Ltd. have?
Invesco Ltd.'s Debt/EBITDA ratio is 8.2x, indicating high leverage. A ratio above 4x may signal elevated financial risk.