Invesco vs T. Rowe Price
T. Rowe Price reported revenue of $7.3 billion in fiscal 2025, about the same as Invesco's $6.4 billion in fiscal 2025. Invesco's revenue grew 5.1% in its latest year, and T. Rowe Price's grew 3.1%. Invesco had an operating margin of -10.9%, against 29.9% at T. Rowe Price. Free cash flow was $1.4 billion at Invesco and $1.5 billion at T. Rowe Price.
Side by side
| Invesco | T. Rowe Price | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $6.4B | $7.3B |
| Revenue growth | 5.1% | 3.1% |
| Revenue growth a year, last 5 years | 0.7% | 3.3% |
| Gross margin | — | — |
| Operating margin | −10.9% | 29.9% |
| Net margin | −11.4% | 28.5% |
| Free cash flow | $1.4B | $1.5B |
| Free cash flow margin | 22.6% | 20.2% |
| Return on capital | −3.8% | 21.7% |
| Net debt to EBITDA | — | — |
| Dividends and buybacks | $501M | $1.8B |
| Change in diluted share count | −0.6% | −1.3% |
| Last close | $28.53 | $103.49 |
| P/E at the last close | — | 10.4× |
| Insider trades, last 12 months | sold $11.0 million | sold $1.9 million |
| Piotroski F-score | — | — |
Amounts in each company's own currency, US$ 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
InvescoT. Rowe Price
Operating margin
Percent of revenue
InvescoT. Rowe Price
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
InvescoT. Rowe Price
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 Invesco and T. Rowe Price pages.