Franklin Resources vs Invesco
Franklin Resources reported revenue of $8.8 billion in fiscal 2025, 1.4 times Invesco's $6.4 billion in fiscal 2025. Franklin Resources' revenue grew 3.5% in its latest year, and Invesco's grew 5.1%. Franklin Resources had an operating margin of 6.9%, against -10.9% at Invesco. Free cash flow was $912 million at Franklin Resources and $1.4 billion at Invesco. Their fiscal years end in different months (September 30 and December 31), so the periods don't line up exactly.
Side by side
| Franklin Resources | Invesco | |
|---|---|---|
| Latest fiscal year | FY2025, Sep 30, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $8.8B | $6.4B |
| Revenue growth | 3.5% | 5.1% |
| Revenue growth a year, last 5 years | 9.5% | 0.7% |
| Gross margin | — | — |
| Operating margin | 6.9% | −10.9% |
| Net margin | 6.0% | −11.4% |
| Free cash flow | $912M | $1.4B |
| Free cash flow margin | 10.4% | 22.6% |
| Return on capital | 3.6% | −3.8% |
| Net debt to EBITDA | −1.7x | — |
| Dividends and buybacks | $924M | $501M |
| Change in diluted share count | 1.4% | −0.6% |
| Last close | $30.99 | $28.53 |
| P/E at the last close | 21.1× | — |
| Insider trades, last 12 months | bought $2.1 million, sold $0 | sold $11.0 million |
| Piotroski F-score | — | — |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Franklin ResourcesInvesco
Operating margin
Percent of revenue
Franklin ResourcesInvesco
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Franklin ResourcesInvesco
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Franklin Resources and Invesco pages.