IVZ
Invesco Ltd.26.03
-0.01-0.04%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Q&A details cap return, expenses
Q&A clarified capital priorities, with management favoring deleveraging and organic growth via partnerships over M&A, while ramping common buybacks to $40 million in Q1 toward a 60% payout. Allison unpacked 2026 expense dynamics from a $3.2 billion Q4 base, including hybrid platform costs $25-30 million higher before 2027 savings, Canada deal's $5-10 million quarterly op income hit from Q3 (net $15-20 million rev drop), and QQQ marketing at $60-100 million midpoint. Net revenue yield stabilizes via QQQ scale. China JV flows diversify into passive ETFs amid stimulus. No M&A rush; organic first. Confident on mid-30s margins, investors eye execution.
Key Stats
Market Cap
11.61BP/E (TTM)
17.71Basic EPS (TTM)
1.47Dividend Yield
0.03%Recent Filings
8-K
AUM rises to $2,257.7B
10-K
FY2025 results
Invesco closed FY2025 with AUM at $2.2T, up 17.6% y/y from market gains of $193.9B and net flows of $104.4B, led by ETFs/Index (+30.0% to $630.2B, including QQQ at $407.2B) and China JV (+42.2% to $132.5B); retail AUM hit $1,515.7B (+19.8%). Operating loss stemmed from $1.8B intangible impairment on U.S. retail mutual fund contracts, yet adjusted operating income rose 13.6% to $1.56B with 33.4% margins. Q4 saw $1.0B cash, $232M buyback capacity, and $1.5B preferred repurchase. Volatility in capital markets threatens AUM momentum.
8-K
Invesco approves $1B buyback
8-K
AUM rises to $2,231.7B
8-K
Invesco Q4 inflows top $19B
Invesco reported Q4 net long-term inflows of $19.1 billion, pushing ending AUM to $2.2 trillion, up 17.5% year-over-year. A $1.8 billion non-cash intangible impairment crushed GAAP EPS to $(2.61), yet adjusted EPS hit $0.62 with 36.4% margin. Balance sheet toughened: repurchased $500 million preferred stock, cleared $240 million term loan. Strong flows mask impairment hit.
IPO
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Employees
Sector
Industry
BLK
BlackRock, Inc.
1068.14-14.02
IIM
Invesco Value Municipal Income
12.31-0.01
IQI
Invesco Quality Municipal Incom
9.97-0.04
OIA
Invesco Municipal Income Opport
6.04-0.04
VBF
Invesco Bond Fund
15.41-0.01
VGM
Invesco Trust for Investment Gr
10.34+0.03
VKQ
Invesco Municipal Trust
9.60+0.00
VLT
Invesco High Income Trust II
10.99-0.04
VMO
Invesco Municipal Opportunity T
9.56-0.02
VVR
Invesco Senior Income Trust (D
3.24-0.00