Skip to Content
Morningstar

Invesco Ltd IVZ

Morningstar Rating
Unlock
Stock XNYS Rating as of
$15.71 +0.35 (2.28%)
View Full Chart
As of Delayed Price Closed
Unlock our analysis with Morningstar Investor
Start Free Trial

Company Report

View Archive

US-Based Asset Managers: Recovery in AUM, Revenue, and Profitability Already Baked Into Share Prices

Greggory Warren

All the US-based asset managers we cover have reported their first-quarter 2024 earnings, and in some cases revealed managed asset levels for April 2024, and we now have a better sense of how recent market activity has been affecting results. The rally in the US equity markets since the middle of November 2023 has lifted most traditional and alternative-asset manager valuations closer to our fair value estimates.

Read Full Report

Price vs Fair Value

View History
IVZ is trading at a 113% premium.
Price
$15.71
Fair Value
$52.00
Uncertainty
High
1-Star Price
$51.92
5-Star Price
$86.30
Economic Moat
Tlhymg
Capital Allocation
Hpxkkjhf

Bulls Say, Bears Say

Bulls

With $1.663 trillion in AUM at the end of March 2024, Invesco is in the second-largest tier of U.S.-based asset managers, which includes firms like Pimco and Capital Group.

Bears

Invesco's overall investment performance is still weaker than it should be with just 64% and 71% of actively managed assets outperforming peers on a both a three- and five-year basis, respectively, at the end of last year.

Show More
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if IVZ is a good fit for your portfolio.
Get 7 Days Free

News

View All

Trading Information

Previous Close Price
$15.36
Day Range
$15.38–15.76
52-Week Range
$12.48–18.71
Bid/Ask
$15.08 / $15.84
Market Cap
$7.07 Bil
Volume/Avg
7.3 Mil / 4.4 Mil

Key Statistics

Price/Earnings (Normalized)
10.76
Price/Sales
1.24
Dividend Yield (Trailing)
5.24%
Dividend Yield (Forward)
5.34%
Total Yield
7.67%

Company Profile

Invesco provides investment-management services to retail (66% of managed assets) and institutional (34%) clients. At the end of March 2024, the firm had $1.663 trillion in assets under management spread among its equity (54% of AUM), balanced (4%), fixed-income (20%), alternative investment (10%), and money market (12%) operations. Passive products account for 40% of Invesco's total AUM, including 65% of the company's equity operations and 15% of its fixed-income platform. Invesco's U.S. retail business is one of the 10 largest nonproprietary fund complexes in the country. The firm also has a meaningful presence outside of North America, with 29% of its AUM sourced from Europe, Africa, and the Middle East (14%) and Asia (15%).
Sector
Financial Services
Industry
Asset Management
Stock Style Box
Small Value
Total Number of Employees
8,489
Website
https://www.invesco.com

Competitors

Valuation

View More
Metric
IVZ
BLK
BEN
Price/Earnings (Normalized)
 10.7619.478.61
Price/Book Value
 0.672.890.94
Price/Sales
 1.246.331.42
Price/Cash Flow
 4.9426.908.12
Price/Earnings
IVZ
BLK
BEN

Financial Strength

Metric
IVZ
BLK
BEN
Quick Ratio
 1.7810.393.38
Current Ratio
 1.7813.223.38
Interest Coverage
 −2.5422.5013.52
Quick Ratio
IVZ
BLK
BEN

Profitability

Metric
IVZ
BLK
BEN
Return on Assets (Normalized)
 2.28%4.89%4.56%
Return on Equity (Normalized)
 6.04%15.40%11.46%
Return on Invested Capital (Normalized)
 2.71%11.52%5.16%
Return on Assets
IVZ
BLK
BEN
See how this stock stacks up to its competitors with Morningstar Investor
Start Free Trial

Asset Management Industry Comparables

Screen in Investor
Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
BLK
BlackRock IncScwzkyrmkzQgf$112.4 Bil
KKR
KKR & Co Inc Ordinary SharesXzdxxwpBlnxhkt$91.3 Bil
BX
Blackstone IncCqzvqlqdVdrmfh$89.7 Bil
BK
Bank of New York Mellon CorpRpdfhrkWrm$44.6 Bil
AMP
Ameriprise Financial IncNtzykpbfXvvhsn$43.4 Bil
TROW
T. Rowe Price Group IncBzbkbkqqCvt$26.3 Bil
STT
State Street CorporationFthzttdbdVlbrf$22.4 Bil
NTRS
Northern Trust CorpRbyxwtxssbHtx$17.0 Bil
CG
The Carlyle Group IncLffqtxlyJwwrfyl$15.5 Bil
BEN
Franklin Resources IncQvdbdpkfggYrqqtz$12.4 Bil

Sponsor Center