Invesco (IVZ) FY2022 results: revenue $6.0 billion, down 12.3% on the year
Invesco Ltd. (IVZ) reported revenue of $6.0 billion for fiscal 2022, the year ended 31 December 2022, down 12.3% on the year before. Net income was $684 million, down 50.9%, and diluted earnings per share $1.49. The figures are the company's own, from the 10-K it filed with the SEC on 23 February 2023.
Revenue
$6.0 billion
-12.3% on the year
FY2015FY2022
Operating margin
21.8%
25.9% a year earlier
FY2015FY2022
Net income
$684 million
-50.9% on the year
FY2015FY2022
Diluted EPS
$1.49
-50.2% on the year
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
703
1,078
1,230
-34.8%
Capital expenditure
193
109
115
+77.3%
Free cash flow
510
969
1,115
-47.4%
Free cash flow margin
8.4%
14.1%
18.1%
Cash from investing
-376
-848
-860
Cash from financing
-967
117
-286
Depreciation and amortisation
195
205
204
-4.9%
Share-based compensation
106
140
188
-24.2%
Buybacks
245
60.9
n/a
+301.8%
Dividends paid
335
308
357
+8.8%
Dividend per share
$0.73
$0.67
$0.78
+9.0%
Diluted shares, weighted
460m
465m
462m
-1.3%
Shares outstanding at period end
455m
461m
459m
-1.4%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
15,214
15,496
14,362
-1.8%
Non-controlling interest
630
672
447
-6.3%
Redeemable equity
999
511
212
+95.5%
Debt
1,488
2,085
2,083
-28.7%
Other liabilities
11,427
13,922
19,401
-17.9%
Total liabilities and equity
29,757
32,686
36,504
-9.0%
Fixed assets
561
518
564
+8.3%
Goodwill
8,558
8,882
8,916
-3.7%
Intangible assets
7,141
7,228
7,306
-1.2%
Cash and equivalents
1,235
1,896
1,408
-34.9%
Other assets
12,262
14,161
18,310
-13.4%
Total assets
29,757
32,686
36,504
-9.0%
10-K for the year ended 31 December 2022, filed 23 February 2023: the filing.