Invesco Ltd. (IVZ) closed fiscal year 2025 with a gross margin of 35.2 % and a net margin of -4.4 %.
Invesco Ltd. (IVZ) closed fiscal year 2025 with a gross margin of 35.2 % and a net margin of -4.4 %. The same year shows an EBITDA margin of -8.5 % and an EBIT margin of -10.9 %. The free cash flow margin was 22.6 %. Against the previous year the gross margin moved +1.8 pp and the net margin −17.2 pp. Across the period the gross margin ranges between 33.4 % in 2024 and 40.3 % in 2022. The series covers 19 fiscal years, from 2007 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 40.30 % | 35.08 % | 33.41 % | 35.24 % |
| EBITDA margin (%) | 27.80 % | 24.65 % | 21.39 % | 19.69 % | 25.10 % | 23.15 % | 26.02 % | 26.55 % | 28.34 % | 26.48 % | 27.05 % | 25.35 % | 16.11 % | 18.29 % | 28.91 % | 25.01 % | -4.41 % | 16.68 % | -8.46 % |
| EBIT margin (%) | 25.63 % | 22.61 % | 18.43 % | 16.91 % | 22.15 % | 20.80 % | 24.12 % | 24.81 % | 26.52 % | 24.34 % | 24.79 % | 22.67 % | 13.21 % | 14.98 % | 25.94 % | 21.78 % | -7.61 % | 13.72 % | -10.91 % |
| Net margin (%) | 17.37 % | 14.56 % | 12.27 % | 13.35 % | 18.32 % | 16.72 % | 20.25 % | 19.20 % | 18.90 % | 18.04 % | 21.85 % | 16.61 % | 11.25 % | 12.39 % | 23.64 % | 15.22 % | -1.70 % | 12.77 % | -4.42 % |
| FCF margin (%) | 22.66 % | 13.35 % | 12.30 % | 8.30 % | 21.54 % | 17.78 % | 14.90 % | 20.73 % | 19.60 % | 10.69 % | 20.27 % | 13.67 % | 16.22 % | 18.15 % | 14.06 % | 8.44 % | 19.88 % | 18.48 % | 22.60 % |
