financial statements

The full income statement, balance sheet, and cash-flow statement for Invesco Ltd (IVZ), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

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PeriodRangeOrderChangeYoYQoQAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Revenue	6.38B YoY+5.1%	6.07B YoY+6.1%	5.72B YoY-5.5%	6.05B YoY-12.3%	6.89B YoY+12.2%
	7.07B YoY+35.1%	5.23B YoY-14.9%	6.15B YoY+30.0%	4.73B YoY-7.3%	5.11B YoY-2.3%
Selling, general & administrative	577M YoY-3.1%	595M YoY+4.8%	568M YoY+15.0%	494M YoY+16.4%	424M YoY-11.8%
General & administrative	577M YoY-3.1%	595M YoY+4.8%	568M YoY+15.0%	494M YoY+16.4%	424M YoY-11.8%
Selling & marketing	84.0M YoY+3.3%	81.3M YoY-1.0%	82.1M YoY-13.2%	94.6M YoY-4.1%	98.6M YoY+18.4%
Restructuring	—	—	29.7M YoY+113.7%	13.9M YoY-82.2%	78.0M YoY-34.5%
Amortization of intangibles	37.5M YoY-16.3%	44.8M YoY-10.2%	49.9M YoY-21.8%	63.8M YoY+1.4%	62.9M YoY+0.6%
Operating income	-696M YoY-183.6%	832M YoY+291.4%	-435M YoY-133.0%	1.32B YoY-26.3%	1.79B YoY+94.3%
Interest expense	82.5M YoY+42.2%	58.0M YoY-17.7%	70.5M YoY-17.3%	85.2M YoY-10.0%	94.7M YoY-26.8%
Other non-operating income	55.9M YoY+17.2%	47.7M YoY-51.3%	98.0M YoY+170.3%	-140M YoY-215.8%	121M YoY+168.4%
Equity-method income	105M YoY+143.7%	43.0M YoY-39.7%	71.3M YoY-32.8%	106M YoY-30.3%	152M YoY+109.5%
Pre-tax income	-379M YoY-137.7%	1.01B YoY+522.6%	-238M YoY-119.1%	1.25B YoY-50.1%	2.50B YoY+133.9%
Income tax	-205M YoY-180.9%	253M YoY+462.8%	-69.7M YoY-121.6%	322M YoY-39.3%	531M YoY+103.0%
	-175M YoY-132.5%	538M YoY+261.2%	-334M YoY-148.8%	684M YoY-50.9%	1.39B YoY+165.4%
Net income to non-controlling interest	107M YoY+577.2%	-22.4M YoY+68.6%	-71.3M YoY-1585.4%	4.80M YoY-98.6%	340M YoY+639.9%
Preferred dividends	205M YoY-13.6%	237M YoY+0.0%	237M YoY+0.0%	237M YoY+0.0%	237M YoY+0.0%
Net income to common	-726M YoY-235.0%	538M YoY+261.2%	-334M	—	—
	-$1.60 YoY-235.6%	$1.18 YoY+261.6%	-$0.73 YoY-149.0%	$1.49 YoY-50.2%	$2.99 YoY+164.6%
EPS (basic)	-$1.60 YoY-235.6%	$1.18 YoY+261.6%	-$0.73 YoY-148.7%	$1.50 YoY-50.2%	$3.01 YoY+164.0%
Weighted-avg shares (basic)	453M YoY-1.0%	457M YoY+0.5%	455M YoY-0.6%	458M YoY-1.1%	463M YoY+0.7%
Weighted-avg shares (diluted)	455M YoY-0.6%	458M YoY+0.3%	456M YoY-0.7%	460M YoY-1.3%	465M YoY+0.6%
Dividends per share	$0.83 YoY+2.5%	$0.81 YoY+3.5%	$0.79 YoY+7.9%	$0.73 YoY+9.0%	$0.67 YoY-14.1%
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	5.02B YoY+0.0%	5.02B YoY+0.0%	5.02B YoY+0.0%	5.02B YoY+0.0%	5.02B YoY+0.0%
Cash & equivalents	1.04B YoY+5.2%	987M YoY-32.9%	1.47B YoY+19.0%	1.23B YoY-34.9%	1.90B YoY+34.6%
Short-term investments	309M YoY+0.0%	309M YoY+0.0%	309M YoY+0.0%	309M YoY+0.0%	309M YoY+0.0%
Accounts receivable	458M YoY+0.0%	458M YoY+0.0%	458M YoY+0.0%	458M YoY+0.0%	458M YoY+0.0%
Prepaid expenses	49.6M YoY+0.0%	49.6M YoY+0.0%	49.6M YoY+0.0%	49.6M YoY+0.0%	49.6M YoY+0.0%
Other current assets	101M YoY+0.0%	101M YoY+0.0%	101M YoY+0.0%	101M YoY+0.0%	101M YoY+0.0%
	27.1B YoY+0.3%	27.0B YoY-6.7%	28.9B YoY-2.8%	29.8B YoY-9.0%	32.7B YoY-10.5%
Property, plant & equipment	379M YoY-20.9%	479M YoY-20.1%	600M YoY+6.8%	561M YoY+8.3%	518M YoY-8.1%
Operating lease right-of-use	297M YoY-11.4%	335M YoY+5.0%	319M YoY-11.5%	361M YoY+40.6%	257M YoY-6.9%
Goodwill	8.48B YoY+1.9%	8.32B YoY-4.3%	8.69B YoY+1.6%	8.56B YoY-3.7%	8.88B YoY-0.4%
Intangible assets	3.93B YoY-31.7%	5.75B YoY-1.7%	5.85B YoY-18.1%	7.14B YoY-1.2%	7.23B YoY-1.1%
Long-term investments	373M YoY+0.0%	373M YoY+0.0%	373M YoY+0.0%	373M YoY+0.0%	373M YoY+0.0%
Deferred tax assets	58.0M YoY+0.0%	58.0M YoY+0.0%	58.0M YoY+0.0%	58.0M YoY+0.0%	58.0M YoY+0.0%
Other non-current assets	28.9M YoY+0.0%	28.9M YoY+0.0%	28.9M YoY+0.0%	28.9M YoY+0.0%	28.9M YoY+0.0%
Total non-current assets	13.1B YoY+0.0%	13.1B YoY+0.0%	13.1B YoY+0.0%	13.1B YoY+0.0%	13.1B YoY+0.0%
	3.43B YoY+0.0%	3.43B YoY+0.0%	3.43B YoY+0.0%	3.43B YoY+0.0%	3.43B YoY+0.0%
Accounts payable	288M YoY+0.0%	288M YoY+0.0%	288M YoY+0.0%	288M YoY+0.0%	288M YoY+0.0%
Accrued liabilities	115M YoY+0.0%	115M YoY+0.0%	115M YoY+0.0%	115M YoY+0.0%	115M YoY+0.0%
Short-term & current debt	0.00	0.00	0.00	0.00	0.00
Other current liabilities	691M YoY+0.0%	691M YoY+0.0%	691M YoY+0.0%	691M YoY+0.0%	691M YoY+0.0%
	14.1B YoY+24.2%	11.3B YoY-12.9%	13.0B YoY+0.8%	12.9B YoY-19.3%	16.0B YoY-25.5%
Long-term debt	1.83B YoY+104.9%	891M YoY-40.2%	1.49B YoY+0.1%	1.49B YoY-28.7%	2.09B YoY+0.1%
Deferred tax liabilities	902M YoY-29.7%	1.28B YoY-3.3%	1.33B YoY-20.3%	1.66B YoY+2.2%	1.63B YoY+6.7%
Other non-current liabilities	296M YoY+0.0%	296M YoY+0.0%	296M YoY+0.0%	296M YoY+0.0%	296M YoY+0.0%
Total non-current liabilities	5.95B YoY+0.0%	5.95B YoY+0.0%	5.95B YoY+0.0%	5.95B YoY+0.0%	5.95B YoY+0.0%
	12.2B YoY-16.0%	14.6B YoY-0.3%	14.6B YoY-4.0%	15.2B YoY-1.8%	15.5B YoY+7.9%
Preferred stock	2.51B YoY-37.4%	4.01B YoY+0.0%	4.01B YoY+0.0%	4.01B YoY+0.0%	4.01B YoY+0.0%
Common stock	113M YoY+0.0%	113M YoY+0.0%	113M YoY+0.0%	113M YoY+0.0%	113M YoY+0.0%
Additional paid-in capital	7.27B YoY-0.9%	7.33B YoY-1.6%	7.45B YoY-1.4%	7.55B YoY-1.7%	7.69B YoY-1.6%
Retained earnings	5.89B YoY-15.8%	6.99B YoY+2.4%	6.83B YoY-9.2%	7.52B YoY+4.9%	7.17B YoY+17.8%
Treasury stock	2.83B YoY-0.9%	2.85B YoY-5.0%	3.00B YoY-1.3%	3.04B YoY-0.1%	3.04B YoY-6.5%
Accumulated other comprehensive income	-723M YoY+30.2%	-1.04B YoY-29.2%	-802M YoY+14.9%	-942M YoY-113.5%	-442M YoY-9.1%
Non-controlling interest	699M YoY+23.8%	564M YoY-1.5%	573M YoY-9.1%	630M YoY-6.3%	672M YoY+50.3%
Total equity incl. non-controlling	12.9B YoY-14.5%	15.1B YoY-0.3%	15.2B YoY-4.2%	15.8B YoY-2.0%	16.2B YoY+9.2%
Total liabilities & equity	27.1B YoY+0.3%	27.0B YoY-6.7%	28.9B YoY-2.8%	29.8B YoY-9.0%	32.7B YoY-10.5%
Common shares issued	566M YoY+0.0%	566M YoY+0.0%	566M YoY+0.0%	566M YoY+0.0%	566M YoY+0.0%
Common shares outstanding	444M YoY-0.9%	448M YoY-0.3%	450M YoY-1.2%	455M YoY-1.4%	461M YoY+0.5%
Shares outstanding (cover)	445M YoY-1.0%	449M YoY-0.0%	450M YoY-1.2%	455M YoY-1.4%	461M YoY+0.4%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	1.53B YoY+28.2%	1.19B YoY-8.5%	1.30B YoY+85.0%	703M YoY-34.8%	1.08B YoY-12.4%
Depreciation & amortization	156M YoY-13.2%	180M YoY-1.8%	183M YoY-6.4%	195M YoY-4.9%	205M YoY+0.9%
Share-based compensation	80.0M YoY-23.5%	105M YoY-8.7%	115M YoY+7.9%	106M YoY-24.2%	140M YoY-25.7%
Deferred income taxes	-385M YoY-911.3%	-38.1M YoY+87.7%	-309M YoY-740.2%	48.3M YoY-39.4%	79.7M YoY-2.0%
Change in payables	—	—	-622M YoY+51.6%	-1.28B YoY+78.1%	-5.88B YoY-54.1%
	-974M YoY-1524.6%	68.4M YoY+128.0%	-244M YoY+35.0%	-376M YoY+55.7%	-848M YoY+1.4%
Capital expenditure	84.3M YoY+22.0%	69.1M YoY-57.9%	164M YoY-14.8%	193M YoY+77.3%	109M YoY-5.4%
Acquisitions	—	—	—	—	0.00
Other investing activities	0.00	0.00 YoY+100.0%	-46.2M	0.00	0.00
	-150M YoY+91.0%	-1.66B YoY-183.8%	-585M YoY+39.5%	-967M YoY-924.3%	117M YoY+141.0%
Long-term debt issued	993M	0.00	0.00	—	—
Common stock repurchased	124M YoY+55.9%	79.3M YoY-57.7%	188M YoY-23.4%	245M YoY+301.8%	60.9M
Dividends paid	377M YoY+1.6%	372M YoY+3.8%	358M YoY+6.9%	335M YoY+8.8%	308M YoY-13.9%
FX effect on cash	45.5M YoY+250.2%	-30.3M YoY-226.3%	24.0M YoY+135.0%	-68.6M YoY-113.0%	-32.2M YoY-217.1%
Interest paid	77.2M YoY+44.0%	53.6M YoY-21.4%	68.2M YoY+1.2%	67.4M YoY-21.4%	85.7M YoY-7.9%
Income taxes paid	239M YoY+1.0%	236M YoY+21.1%	195M YoY-35.3%	301M YoY-30.2%	432M YoY+92.9%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	11.7B YoY+48.8%	7.86B YoY-2.0%	8.02B YoY-2.0%	8.18B YoY-22.9%	10.6B YoY+32.6%
P/E	—	14.6× YoY+8.6%	13.4× YoY+51.7%	8.9× YoY+16.3%	7.6× YoY-50.0%
P/S	1.8× YoY+41.6%	1.3× YoY-7.2%	1.4× YoY+8.6%	1.3× YoY-16.6%	1.5× YoY+18.2%
P/B	1.0× YoY+77.2%	0.5× YoY+2.6%	0.5× YoY-4.2%	0.5× YoY-19.9%	0.7× YoY+22.9%
P/FCF	8.1× YoY+15.8%	7.0× YoY-25.5%	9.4× YoY-90.7%	101.5× YoY+826.7%	11.0× YoY+52.6%
Earnings yield	—	6.8% YoY-7.9%	7.4% YoY-34.1%	11.3% YoY-14.0%	13.1% YoY+100.2%
FCF yield	12.3% YoY-13.6%	14.3% YoY+34.2%	10.6% YoY+979.5%	1.0% YoY-89.2%	9.1% YoY-34.5%
Dividend yield	3.2% YoY-31.8%	4.7% YoY+5.6%	4.4% YoY+8.8%	4.1% YoY+39.4%	2.9% YoY-35.0%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: IVZ's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all IVZ filings on SEC EDGAR → Not investment advice.

IVZ▼ financial statements

About this data

financial statements