Question 1

What is Invesco's P/FCF ratio?

Accepted Answer

Invesco (IVZ) P/FCF ratio is 7.7× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for Invesco?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For Invesco specifically, the relevant sector benchmark is the current sector median of 12.0×.

Question 5

Is Invesco's P/FCF ratio high or low?

Accepted Answer

Invesco's P/FCF ratio of 7.7× is below its own 5-year average of 13.1× and below the sector median of 12.0×. That places the current reading at the 47th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Invesco's historical P/FCF ratio range?

Accepted Answer

In the available daily series, Invesco (IVZ) P/FCF ratio has ranged from a low of 3.9× in 2002 to a high of 115.2× in 2023. The 5-year average is 13.1× and the 5-year median is 7.6×.

Question 7

What was Invesco's P/FCF ratio in 2025?

Accepted Answer

Invesco (IVZ) P/FCF ratio at the end of 2025 was 8.0×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does Invesco's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$11.9B	$1.48B	8.0×	+0.9×	Dec 31, 2025
2024	$7.92B	$1.12B	7.1×	-0.0×	Dec 31, 2024
2023	$8.06B	$1.14B	7.1×	-9.0×	Dec 31, 2023
2022	$8.22B	$510M	16.1×	+5.1×	Dec 31, 2022
2021	$10.7B	$969M	11.0×	+3.8×	Dec 31, 2021
2020	$8.04B	$1.12B	7.2×	-0.9×	Dec 31, 2020
2019	$8.16B	$1.01B	8.1×	-1.4×	Dec 31, 2019
2018	$6.87B	$726M	9.5×	-5.2×	Dec 31, 2018
2017	$15B	$1.02B	14.7×	—	Dec 31, 2017
2016	$12.4B	-$15.3M	—	—	Dec 31, 2016
2015	$14.2B	$929M	15.2×	-0.8×	Dec 31, 2015
2014	$17.1B	$1.07B	16.0×	-4.2×	Dec 31, 2014
2013	$14B	$692M	20.3×	+4.1×	Dec 31, 2013
2012	$11.7B	$720M	16.2×	+5.6×	Dec 31, 2012
2011	$9.13B	$858M	10.6×	-28.4×	Dec 31, 2011
2010	$11.3B	$290M	39.0×	+7.5×	Dec 31, 2010
2009	$10.2B	$323M	31.6×	+18.0×	Dec 31, 2009
2008	$5.58B	$412M	13.6×	-0.3×	Dec 31, 2008
2007	$12.2B	$877M	13.9×	+7.9×	Dec 31, 2007
2006	$4.88B	$809M	6.0×	-1.1×	Dec 31, 2006
2005	$3.06B	$431M	7.1×	-15.1×	Dec 31, 2005
2004	$2.53B	$114M	22.2×	+7.7×	Dec 31, 2004
2003	$2.96B	$205M	14.5×	+7.5×	Dec 31, 2003
2002	$2.53B	$362M	7.0×	—	Dec 31, 2002


Globe Life (GL-PD)	8.9×
UMB Financial (UMBF)	8.8×
Federal Agricultural Mortgage (AGM)	8.6×
T. Rowe Price (TROW)	8.6×
First Financial (THFF)	8.3×
Old Republic International (ORI)	8.0×
1st Source (SRCE)	8.0×
Auburn National Bancorporation (AUBN)	7.7×
Eagle Financial Services (EFSI)	7.5×
PayPal (PYPL)	7.5×
Assurant (AIZ)	7.5×
Cincinnati Financial (CINF)	7.1×
Alerus Financial (ALRS)	7.0×
American Financial Group (AFG)	6.8×
Hartford Insurance Group (HIG)	6.5×
Travelers Companies (TRV)	6.3×
Arch Capital Group (ACGL)	5.9×
Principal Financial Group (PFG)	5.5×
Allstate (ALL)	4.7×
Everest Group (EG)	4.6×
Capital One Financial (COF)	3.9×
Prudential Financial (PRU)	3.5×
Mercury General (MCY)	3.4×
MetLife (MET)	2.8×
StoneX Group (SNEX)	0.8×

P/FCF Ratio for Invesco (IVZ) 2002-2026

P/FCF Ratio daily chart for Invesco (IVZ)

Historical P/FCF Ratio for Invesco (IVZ) from 2002 to 2025

About P/FCF Ratio at Invesco (IVZ)

Invesco P/FCF Ratio by Year

Invesco P/FCF Ratio 2025: 8.0×

Invesco P/FCF Ratio 2024: 7.1×

Invesco P/FCF Ratio 2023: 7.1×

Invesco P/FCF Ratio 2022: 16.1×

Invesco P/FCF Ratio 2021: 11.0×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

Invesco (IVZ) Key Financials