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IVZInvesco Ltd.
$28.14$12.5B
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Invesco Ltd. (IVZ) Quarterly Financial Ratios

Last 48 quarters of trend data · Financial Services · Asset Management

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

Invesco Ltd.'s quarterly P/E stands at 11.9x, up 19.3% year-over-year — indicating the stock has re-rated higher or earnings have softened. EV/EBITDA has expanded 241.0% YoY to 16.0x, reflecting rising market expectations or slowing EBITDA growth.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
P/E Ratio →-17.5811.91—8.69—9.989.5036.5812.9013.38—12.5214.49
—+19.3%—-76.2%—-25.4%—+192.3%-11.0%+4.4%—+42.5%-6.6%
P/S Ratio1.961.581.761.591.181.131.251.321.151.271.431.141.34
—+40.3%+41.4%+20.4%+2.7%-11.7%-12.9%+15.7%-13.9%-3.9%-0.1%+4.8%+10.4%
P/B Ratio0.980.830.920.700.480.440.510.500.430.470.510.400.46
—+90.5%+81.0%+40.2%+10.5%-8.1%-0.3%+26.8%-6.2%+6.0%+3.6%+4.0%+3.9%
P/FCF8.6812.965.844.453.13—6.134.883.69—3.005.226.77
——-4.6%-8.9%-15.1%—+104.3%-6.6%-45.5%—-43.3%+42.5%-67.1%
EV / EBITDA16.8215.9914.528.517.424.699.8323.9012.6814.2620.5912.508.15
—+241.0%+47.7%-64.4%-41.5%-67.1%-52.3%+91.2%+55.6%+79.9%+57.3%+194.5%+57.7%
EV / EBIT—15.99—7.076.394.1710.6021.7911.6212.32—13.648.25
—+283.0%—-67.6%-45.0%-66.1%—+59.7%+41.0%+53.9%—+121.0%+24.6%

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

Invesco Ltd.'s operating margin was 19.1% in Q1 2026, up 105.3 pp QoQ and up 1.0 pp YoY. The trailing four-quarter average of -9.1% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin expanded 80.3% YoY, indicating pricing power or improving input costs.

Margins

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Gross Margin43.2%65.5%67.0%34.2%33.3%36.3%37.8%25.8%36.1%33.8%34.3%35.7%35.0%
—+80.3%+77.0%+32.6%-7.8%+7.5%+10.2%-27.9%+3.2%-4.2%-6.8%-9.9%-17.4%
Operating Margin-10.9%19.1%-86.2%16.5%14.1%18.1%19.6%6.6%13.9%14.4%-76.1%15.8%14.1%
—+5.3%-540.4%+149.0%+1.4%+25.5%+125.7%-58.0%-1.3%-2.2%-548.2%-34.8%-37.3%
Net Margin-4.4%15.4%-62.7%21.1%13.4%15.1%16.9%7.5%12.9%13.6%-48.3%13.2%13.3%
—+2.2%-472.1%+179.6%+4.0%+10.7%+134.9%-43.0%-2.7%-5.5%-382.4%-19.2%+12.7%

Return on Capital

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
ROE-2.0%2.0%-7.6%2.3%1.3%1.5%1.7%0.7%1.2%1.3%-4.2%1.1%1.1%
—+39.7%-548.9%+222.3%+9.3%+15.9%+140.5%-37.0%+6.0%+4.1%-383.7%-19.7%+6.1%
ROA-1.0%1.0%-3.8%1.2%0.7%0.8%1.0%0.4%0.7%0.7%-2.3%0.6%0.6%
—+19.3%-487.9%+190.7%+3.7%+18.6%+142.1%-35.5%+7.1%+2.6%-379.7%-18.7%+11.3%
ROIC-2.3%1.1%-5.5%1.2%1.0%1.0%1.0%0.3%0.6%0.6%-3.2%0.8%0.8%
—+2.3%-650.9%+278.4%+47.4%+61.0%+131.1%-59.1%-22.5%-10.1%-480.7%-45.4%-39.7%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

Invesco Ltd.'s Debt/EBITDA ratio is 32.5x, up from 29.3x last quarter — elevated, raising questions about debt serviceability. Debt/Equity has risen for 3 consecutive quarters, indicating increasing financial leverage that investors should watch closely.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Debt / Equity0.780.790.780.110.130.060.480.470.480.540.570.510.09
—+1200.5%+61.6%-76.6%-73.7%-88.8%-15.3%-8.2%+438.3%+514.8%+11.8%+466.6%-11.0%
Debt / EBITDA8.2532.4829.305.257.413.0321.2151.5829.8633.4249.0231.385.93
—+973.3%+38.2%-89.8%-75.2%-90.9%-56.7%+64.3%+403.9%+475.5%+68.2%+740.2%+39.7%
Current Ratio43.01—43.011.791.812.123.141.837.601.781.731.115.83
——+1268.9%-2.2%-76.1%+19.3%+81.6%+64.8%+30.3%-70.6%+6.6%-80.4%-7.0%
Quick Ratio43.01—43.011.791.812.123.141.837.601.781.731.115.83
——+1268.9%-2.2%-76.1%+19.3%+81.6%+64.8%+30.3%-70.6%+6.6%-80.4%-7.0%
Interest Coverage-6.6313.35-68.3614.4914.2627.3326.6011.8316.9418.79-54.5714.2913.49
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Download Financial Ratios Data

Includes 30+ ratios · 48 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 quarterly P/E ratio trend?

Invesco Ltd.'s current P/E is -17.6x. The average P/E over the last 2 quarters is 10.3x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do Invesco Ltd.'s margins change by quarter?

Invesco Ltd.'s current operating margin is -10.9%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at IVZ quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Invesco Ltd.'s business trajectory between earnings reports.