For the year ending 2025-12-31, IVZ had $401,400K increase in cash & cash equivalents over the period. $1,441,000K in free cash flow.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net income/(loss) | -174,800 | 752,400 | -168,200 | 925,500 |
| Amortization and depreciation | 155,900 | 179,600 | 182,800 | 195,300 |
| Impairment of intangible assets | 1,794,900 | 0 | 1,248,900 | - |
| Common share-based compensation expense | 80,000 | 104,600 | 114,600 | 106,200 |
| Other (gains)/losses, net | 52,400 | 45,100 | 97,300 | -139,500 |
| Other (gains)/losses of cip, net | 67,900 | -57,900 | -176,300 | -126,900 |
| Equity in earnings of unconsolidated affiliates | 104,800 | 43,000 | 71,300 | 106,100 |
| Distributions from equity method investees | 46,800 | 82,100 | 69,400 | 74,200 |
| (purchase)/sale of investments by cip, net | -41,300 | -17,100 | 50,800 | 359,200 |
| (purchase)/sale of investments, net | -22,700 | 61,800 | -69,400 | 27,600 |
| (increase)/decrease in receivables | - | - | -448,700 | -912,800 |
| (increase)/decrease in receivables and other assets | 5,600 | -319,700 | - | - |
| Increase/(decrease) in payables | - | - | -621,700 | -1,284,300 |
| Increase/(decrease) in payables and other liabilities | -210,800 | -173,500 | - | - |
| Net cash provided by/(used in) operating activities | 1,525,300 | 1,190,000 | 1,300,800 | 703,200 |
| Purchase of property, equipment and software | 84,300 | 69,100 | 164,300 | 192,900 |
| Purchase of investments by cip | 5,358,200 | 4,134,700 | 3,214,400 | 2,717,200 |
| Sale of investments by cip | 4,207,100 | 4,479,500 | 3,111,600 | 2,638,400 |
| Purchase of investments | 39,200 | 293,200 | 65,200 | 217,800 |
| Sale of investments | 0 | 200 | 26,800 | 97,900 |
| Capital distribution from equity method investees | 63,100 | 126,800 | 23,300 | - |
| Proceeds from sale of businesses | 236,500 | - | - | - |
| Capital distribution from equity method investees | - | - | - | 32,600 |
| Other investing activities | 0 | 0 | -46,200 | - |
| Net cash inflows/(outflows) upon consolidation/deconsolidation of cip | 600 | -41,100 | -8,300 | -16,600 |
| Net cash provided by/(used in) investing activities | -974,400 | 68,400 | -244,300 | -375,600 |
| Purchases of treasury shares | 123,600 | 79,300 | 187,500 | 244,700 |
| Repurchase of preferred shares | 1,740,000 | - | - | - |
| Dividends paid - preferred | 204,600 | 236,800 | 236,800 | 236,800 |
| Dividends paid - common | 377,300 | 371,500 | 357,900 | 334,800 |
| Third-party capital invested into cip | 214,900 | 150,000 | 201,200 | 709,200 |
| Third-party capital distributed by cip | 194,300 | 201,100 | 255,600 | 284,800 |
| Borrowings of debt of cip | 4,862,400 | 1,488,800 | 703,000 | 30,100 |
| Repayments of debt of cip | 3,517,400 | 1,811,700 | 451,800 | 5,100 |
| Borrowings of revolving credit agreement | 2,796,200 | 2,269,500 | - | - |
| Repayments of revolving credit agreement | 2,358,500 | 2,269,500 | - | - |
| Repayment of senior notes | - | 600,000 | 0 | 600,000 |
| Settlement of forward contracts on treasury shares | - | - | 0 | 0 |
| Collateral received/(returned), net | - | - | 0 | 0 |
| Net proceeds from term loan agreements | 992,700 | - | - | - |
| Payment of contingent consideration | - | - | 0 | 0 |
| Repayment of debts | 500,000 | - | - | - |
| Net cash provided by/(used in) financing activities | -149,500 | -1,661,600 | -585,400 | -966,900 |
| Increase/(decrease) in cash and cash equivalents | 401,400 | -403,200 | 471,100 | -639,300 |
Invesco Ltd. (IVZ)
Invesco Ltd. (IVZ)