Invesco Ltd.

Invesco Ltd.

IVZยทNYSE

$26.95

-2.3%
Financial ServicesAsset Management

Invesco Ltd. is a publicly owned investment manager. The firm provides its services to retail clients, institutional clients, high-net worth clients, public entities, corporations, unions, non-profit organizations, endowments, foundations, pension funds, financial institutions, and sovereign wealth funds. It manages separate client-focused equity and fixed income portfolios. The firm also launches equity, fixed income, commodity, multi-asset, and balanced mutual funds for its clients. It launches equity, fixed income, multi-asset, and balanced exchange-traded funds. The firm also launches and manages private funds. It invests in the public equity and fixed income markets across the globe. The firm also invests in alternative markets, such as commodities and currencies. For the equity portion of its portfolio, it invests in growth and value stocks of large-cap, mid-cap, and small-cap companies. For the fixed income portion of its portfolio, the firm invests in convertibles, government bonds, municipal bonds, treasury securities, and cash. It also invests in short term and intermediate term bonds, investment grade and high yield bonds, taxable and tax-free bonds, senior secured loans, and structured securities such as asset-backed securities, mortgage-backed securities, and commercial mortgage-backed securities. The firm employs absolute return, global macro, and long/short strategies. It employs quantitative analysis to make its investments. The firm was formerly known as Invesco Plc, AMVESCAP plc, Amvesco plc, Invesco PLC, Invesco MIM, and H. Lotery & Co. Ltd. Invesco Ltd. was founded in December 1935 and is based in Atlanta, Georgia with an additional office in Hamilton, Bermuda.

At a Glance

Live Snapshot
Market Cap$11.94B
EPS-1.6100
P/E Ratio-16.74
Earnings Date07/28/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

Medium confidence

Valuation multiple is compressed (P/E -16.7).

Valuation inputs: P/E -16.7, earnings yield N/A, momentum -2.3%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE -2.3%, ROIC -1.2%).

Profitability stack: net margin -4.4%, ROE -2.3%, ROIC -1.2%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +52.0%, momentum -2.3%, net margin -4.4%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

ivz

Invesco Ltd. Market vs Earnings Trajectory

IVZ ยท NYSE

Loading price and EPS data...

Invesco Ltd.

Invesco Ltd. Fair Value Envelope

IVZ ยท NYSE

Our analysis suggests that IVZ has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $26.945, this represents a potential HIDDEN relative to our calculated worth for Invesco Ltd..

Intrinsic Value
Current Price: $26.945
3Y-207.0%
5Y-241.0%
10Y-176.0%
3Y+5.0%
5Y+4.0%
10Y+35.0%
3Y-131.0%
5Y-137.0%
10Y-133.0%
3Y+117.0%
5Y+24.0%
10Y+133.0%
3Y+182.0%
5Y+29.0%
10Y+185.0%
3Y-9.0%
5Y-26.0%
10Y+5.0%
Invesco Ltd.

Invesco Ltd. Profit Bridge

IVZ ยท NYSE
Revenue6.38B
Cost of Goods Sold (3.62B)
Gross Profit2.75B
Operating Expenses (3.45B)
Operating Income-695.70M
Interest Expense (82.50M)
Other Income/Expense316.30M
Pretax Income-379.40M
Income Tax (-204.60M)
Net Income-281.70M
Net Income
-281.70M

Profitability Analysis

Gross Margin

43.2%

Strong gross margins indicate healthy pricing and efficient production or service delivery.

Operating Margin

-10.9%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-4.4%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

43.18%
Gross Profit Margin
29%
3Y+7.0%
5Y+11.0%
10Y+4.0%
-10.91%
Operating Profit Margin
-180%
3Y-150.0%
5Y-173.0%
10Y-145.0%
-4.42%
Net Profit Margin
-135%
3Y-129.0%
5Y-136.0%
10Y-124.0%
-2.30%
Return on Equity
-143%
3Y-138.0%
5Y-143.0%
10Y-120.0%
-1.04%
Return on Assets
-136%
3Y-134.0%
5Y-150.0%
10Y-131.0%
-1.18%
Return on Invested Capital
-150%
3Y-134.0%
5Y-147.0%
10Y-122.0%
IVZ

Invesco Ltd. Cash Conversion Engine

IVZ ยท NYSE
Net Income0.00
Depreciation & Amortization0.00
Stock-Based Compensation0.00
Change in Working Capital-216.40M
Others1.74B
Capital Expenditures-84.30M
Free Cash Flow1.44B

Cash Flow Quality Analysis

CapEx Intensity

5.5%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+28.6%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

-$216.40M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

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Invesco Ltd. Funding & Solvency Profile

IVZ ยท NYSE
Cash & Cash Equivalents806.90M
Net Receivables0.00
Inventory0.00
Other Current Assets0.00
Total Current Assets807 M
Property, Plant & Equipment0.00
Goodwill & Intangible Assets12.33B
Long-Term Investments0.00
Other Non-Current Assets0.00
Total Non-Current Assets0
Total Assets
26.83B

Financial Health Analysis

Debt-to-Equity Ratio

1.02x

Elevated leverage. Debt exceeds equity, which amplifies both gains and risks. Monitor debt servicing ability.

Working Capital

807 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

3% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

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Invesco Ltd. Street Expectations Map

IVZ ยท NYSE

Wall Street analysts project that IVZ stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 29.72, with estimates ranging from a low of 26.00 to a high of 34.50.

Lowest Target
26.00
-3.51%
Consensus Target
29.72
10.30%
Highest Target
34.50
28.04%

The consensus 1-year price target stands at 29.72, with estimates ranging from a low of 26.00 to a high of 34.50.

Analyst Consensus Analysis

Upside Potential

+10.3%

Moderate upside. Analysts expect positive returns but with limited margin of safety. Consider entry timing.

Analyst Agreement

28.6% spread

Good consensus alignment. Moderate target spread reflects general agreement on value drivers with some variance in assumptions.

Risk-Reward Profile

7.99x

Favorable risk-reward. Potential upside significantly exceeds downside risk, offering asymmetric return profile attractive for risk-tolerant investors.

Analyst Conviction

High

Positive outlook with reasonable agreement. Analysts generally optimistic about prospects with manageable uncertainty.

Market Sentiment Insight

Asymmetric upside: Strong return potential with favorable risk-reward profile. The limited downside relative to upside makes this an attractive risk-adjusted opportunity for growth-oriented portfolios.

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Invesco Ltd. Insider Positioning

IVZ ยท NYSE

During the last 12 months, insiders have sold $6.05M worth of IVZ shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

263.2K

6.05M

Net Activity

-6.1M

-$6.05M

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

No buying activity

Top Sellers

1
SDJ

Sharp Douglas J

Officer: Senior Managing Director

160.0K sharesโ€ข1 transactions

$3.77M

2
BS

Butcher Stephanie

Officer: Senior Managing Director

103.2K sharesโ€ข1 transactions

$2.28M

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $6.05M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Insider Participation

High Selling

2 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

0.86%
Dividend Yield
-26%
3Y-55.0%
5Y-23.0%
10Y-21.0%
ย 

ivz Dividend History

IVZ
10Y CAGR 3%
Latest $0.215
Annual $0.845
Stable dividend payments
Last Period: +2%