Invesco (IVZ) stock
Financials · Asset Management & Custody Banks
Invesco (IVZ) is an Asset Management & Custody Banks company in the Financials sector, headquartered in Atlanta, Georgia. As of October 23, 2026, IVZ closed at $28.06, a market capitalization of $12.39 billion, the 473rd largest company in the S&P 500. Over the last twelve months it generated $6.90 billion in revenue (+20% year over year) and $1.92 billion in free cash flow.
- 1-year total return: +27.7% (dividends reinvested)
- 5-year return: +6.7% a year
- 52-week range: $21.82 – $33.66
- Gross margin 29.5%, operating margin 20.0%
- Dividend yield: 3.06%, 5 straight years of increases
- FI Handbook report card: B- across 10 metrics
- 73rd largest of 76 Financials stocks in the S&P 500
IVZ price chart
1Y price change: +23.7% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| IVZ | -8.7% | +9.2% | +27.7% | +36.7% | +6.7% | +4.0% | +7.7% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 1995.
IVZ key statistics
- Market cap
- $12.4B
- #473 in S&P 500
- P/E (TTM)
- —
- Forward P/E
- 8.6x
- EPS (TTM)
- $-0.68
- Revenue (TTM)
- $6.9B
- +21%
- Free cash flow
- $1.9B
- Gross margin
- 29.5%
- Operating margin
- 20.0%
- Return on equity
- -0.6%
- Dividend yield
- 3.06%
- 52-week range
- $21.82 – $33.66
- Beta
- 1.63
- Price / sales
- 1.8x
- EV / EBITDA
- 11.5x
- Debt / equity
- 0.12x
- Employees
- 7,405
IVZ report card
B-Ten fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth20.5%A
- Gross margin29.5%C
- Operating margin20.0%C
- FCF margin27.8%A
- Return on equity-0.6%F
- Net debt / EBITDA0.5xB
- Forward P/E8.6xA
- PEG ratio0.9xA
- Shareholder yield4.1%B
- Share count change / yr-0.3%C
Invesco financials
Revenue went from $4.7B in fiscal 2016 to $6.4B in fiscal 2025, growing 3.4% a year.
| 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 |
| Operating income | $1.2B | $1.3B | $1.2B | $808.2M | $920.4M | $1.8B | $1.3B | -$434.8M | $832.1M | -$695.7M |
| Net income | $854.2M | $1.1B | $882.8M | $564.7M | $524.8M | $1.4B | $683.9M | -$333.7M | $538.0M | -$174.8M |
| EPS (diluted) | $2.06 | $2.75 | $2.14 | $1.28 | $1.13 | $2.99 | $1.49 | $-0.73 | $1.18 | $-1.60 |
| Free cash flow | $506.3M | $1.0B | $726.3M | $992.3M | $1.1B | $969.3M | $510.3M | $1.1B | $1.1B | $1.4B |
| Buybacks | $535.0M | $63.8M | $0 | $110.8M | — | $60.9M | $244.7M | $187.5M | $79.3M | $123.6M |
| Dividends paid | $460.4M | $471.6M | $490.6M | $529.1M | $357.4M | $307.7M | $334.8M | $357.9M | $371.5M | $377.3M |
| Diluted shares | 415.0M | 409.9M | 412.5M | 440.5M | 462.5M | 465.4M | 459.5M | 456.2M | 457.7M | 455.0M |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into IVZ?
A reverse DCF asks what growth the current price requires. With an enterprise value of $13.1B and $1.9B of trailing free cash flow, Invesco needs to grow free cash flow about -15.1% a year for ten years (fading to 3.0% terminal growth) to earn a 10% annual return. For context, free cash flow grew 5.3% a year over the last five years.
P/E ratio history
Current 22.3x vs. median 15.6x (10th–90th percentile 7.4x–23.1x).
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
IVZ dividend
- Dividend yield
- 3.06%
- Annual dividend
- $0.86
- Years of increases
- 5
- 5-yr dividend growth
- 12.4%
- per year
- Payout ratio
- 56%
- Payments per year
- 4
Regular dividends per share by calendar year; special dividends excluded. Current year omitted until complete.
IVZ analyst price targets
14 analysts' average 12-month target is $34.71 (+24% vs. $28.06). Targets range from $30.00 to $41.00. 40% rate it a buy.
IVZ earnings
Next report: October 27, 2026. Invesco has beaten EPS estimates 1 quarters in a row. Last quarter's revenue was $1.8B (+20% year over year).
| Report date | EPS estimate | EPS actual | Surprise |
|---|---|---|---|
| Jul 28, 2026 | $0.66 | $0.71 | +7.2% |
| Apr 28, 2026 | $0.58 | $0.57 | -1.2% |
| Jan 27, 2026 | $0.58 | $0.62 | +7.1% |
| Oct 28, 2025 | $0.44 | $0.61 | +37.7% |
| Jul 22, 2025 | $0.40 | $0.36 | -10.7% |
| Apr 22, 2025 | $0.39 | $0.44 | +13.9% |
| Jan 28, 2025 | $0.47 | $0.52 | +9.6% |
| Oct 22, 2024 | $0.43 | $0.44 | +1.8% |
Stocks like IVZ
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|---|---|---|---|---|---|
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 BNY Bank of New York Mellon Cor | -0.03% | +39% | $97.8B | 16.1x | Compare |
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IVZ news
- Should Invesco S&P Ultra Dividend Revenue ETF (RDIV) Be on Your Investing Radar? · Oct 23, 2026
- Grab These 3 Top-Ranked Invesco Mutual Funds for Strong Growth · Oct 23, 2026
- What Invesco (IVZ) Earnings Preview Means For Shareholders · Oct 22, 2026
- Invesco (IVZ) Earnings Expected to Grow: Should You Buy? · Oct 20, 2026
- Ares, Invesco Nontraded REITs Raise Nearly 6 Times Capital Redeemed In Q3 · Oct 19, 2026
IVZ stock FAQ
What is IVZ's market cap?
Invesco's market capitalization is $12.39 billion as of October 23, 2026, ranking 473rd in the S&P 500.
Does IVZ pay a dividend?
Yes. Invesco pays $0.86 per share a year, a 3.06% yield. It has raised its dividend 5 years in a row. Dividends grew 12.4% a year over the last five years.
How much has IVZ stock returned?
Including reinvested dividends, IVZ returned +27.7% over one year, +6.7% a year over five years, +4.0% a year over ten years through October 23, 2026.
Is IVZ stock overvalued?
At today's price, a reverse discounted cash flow model (10% discount rate, 3% terminal growth) implies Invesco must grow free cash flow about -15% a year for the next decade. Its free cash flow grew 5% a year over the last five years. Whether that is achievable decides if the stock is cheap or expensive. This is a model, not advice.
What is the IVZ price target?
14 analysts cover IVZ with an average 12-month price target of $34.71, +24% from the current price. 40% of them rate it a buy.
When does IVZ report earnings?
Invesco is expected to report earnings on October 27, 2026. It has beaten EPS estimates 1 quarters in a row.
How many employees does Invesco have?
Invesco has about 7,405 full-time employees, or $932,140 of revenue per employee.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology