Invesco
Invesco returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
ROCE
% · Annual / TTM
ROIIC
% · Annual / TTM
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2026 Q2 | Jun 30, 2026 | — | — | — | -2.35% | -0.29% | — |
| FY 2026 Q1 | Mar 31, 2026 | — | — | — | -4.95% | -0.81% | — |
| FY 2025 Q4 | Dec 31, 2025 | — | — | — | -5.42% | -0.65% | — |
| FY 2025 Q3 | Sep 30, 2025 | 5.82% | — | — | 4.65% | 3.34% | -1.9 pp |
| FY 2025 Q2 | Jun 30, 2025 | 4.41% | — | — | 2.97% | 2.27% | -3.3 pp |
| FY 2025 Q1 | Mar 31, 2025 | 4.37% | — | — | 3.88% | 2.02% | -3.3 pp |
| FY 2024 Q4 | Dec 31, 2024 | 4.12% | — | — | 3.69% | 1.92% | -3.6 pp |
| FY 2024 Q3 | Sep 30, 2024 | — | — | — | -2.76% | -1.45% | — |
| FY 2024 Q2 | Jun 30, 2024 | — | — | — | -2.25% | -1.19% | — |
| FY 2024 Q1 | Mar 31, 2024 | — | — | — | -2.26% | -1.17% | — |
| FY 2023 Q4 | Dec 31, 2023 | — | — | — | -2.24% | -1.14% | — |
| FY 2023 Q3 | Sep 30, 2023 | 4.07% | — | -513.23% | 3.96% | 2.03% | -3.6 pp |
| FY 2023 Q2 | Jun 30, 2023 | 4.41% | — | — | 4.22% | 2.15% | -3.3 pp |
| FY 2023 Q1 | Mar 31, 2023 | 5.07% | — | — | 4.11% | 2.05% | -2.6 pp |
| FY 2022 Q4 | Dec 31, 2022 | 6.02% | — | — | 4.45% | 2.19% | -1.7 pp |
| FY 2022 Q3 | Sep 30, 2022 | 7.56% | — | — | 6.16% | 2.97% | -0.1 pp |
| FY 2022 Q2 | Jun 30, 2022 | 8.18% | — | 91.91% | 7.17% | 3.39% | 0.5 pp |
| FY 2022 Q1 | Mar 31, 2022 | 8.72% | — | 85.94% | 8.85% | 3.96% | 1 pp |
| FY 2021 Q4 | Dec 31, 2021 | 8.85% | — | 81.64% | 9.33% | 4.03% | 1.1 pp |
| FY 2021 Q3 | Sep 30, 2021 | 7.49% | — | 75.26% | 8.12% | 3.42% | -0.2 pp |
| FY 2021 Q2 | Jun 30, 2021 | 6.43% | — | 34.73% | 7.29% | 3.02% | -1.3 pp |
| FY 2021 Q1 | Mar 31, 2021 | 4.65% | — | 11.55% | 5.07% | 1.98% | -3.1 pp |
| FY 2020 Q4 | Dec 31, 2020 | 4.51% | — | 61.64% | 3.72% | 1.38% | -3.2 pp |
| FY 2020 Q3 | Sep 30, 2020 | 4.81% | — | 230.58% | 3.59% | 1.34% | -2.9 pp |
| FY 2020 Q2 | Jun 30, 2020 | 4.84% | — | 249.11% | 3.41% | 1.27% | -2.9 pp |
| FY 2020 Q1 | Mar 31, 2020 | 5.29% | — | 0.09% | 4.23% | 1.35% | -2.4 pp |
| FY 2019 Q4 | Dec 31, 2019 | 4.8% | — | -6.25% | 5.03% | 1.6% | -2.9 pp |
| FY 2019 Q3 | Sep 30, 2019 | — | — | — | 4.42% | 1.42% | — |
| FY 2019 Q2 | Jun 30, 2019 | — | — | — | 5.29% | 1.7% | — |
| FY 2019 Q1 | Mar 31, 2019 | 6.89% | — | 10.32% | 9.18% | 2.53% | -0.8 pp |
| FY 2018 Q4 | Dec 31, 2018 | 9.73% | — | -8.74% | 10.22% | 2.82% | 2 pp |
| FY 2018 Q3 | Sep 30, 2018 | — | — | — | 13.6% | 3.74% | — |
| FY 2018 Q2 | Jun 30, 2018 | — | — | — | 13.99% | 3.87% | — |
| FY 2018 Q1 | Mar 31, 2018 | 6.38% | — | -31.42% | 14.12% | 4.02% | -1.3 pp |
| FY 2017 Q4 | Dec 31, 2017 | 11.92% | — | 29.88% | 13.92% | 3.93% | 4.2 pp |
| FY 2017 Q3 | Sep 30, 2017 | 10.16% | — | 4.09% | 11.78% | 3.47% | 2.5 pp |
| FY 2017 Q2 | Jun 30, 2017 | 10.11% | — | -6.06% | 11.76% | 3.55% | 2.4 pp |
| FY 2017 Q1 | Mar 31, 2017 | 9.9% | — | — | 11.63% | 3.68% | 2.2 pp |
| FY 2016 Q4 | Dec 31, 2016 | 9.79% | — | — | 11.1% | 3.36% | 2.1 pp |
| FY 2016 Q3 | Sep 30, 2016 | 9.86% | — | — | 10.48% | 3.38% | 2.2 pp |
| FY 2016 Q2 | Jun 30, 2016 | 9.93% | — | — | 10.48% | 3.61% | 2.2 pp |
| FY 2016 Q1 | Mar 31, 2016 | 10.08% | — | — | 10.88% | 3.9% | 2.4 pp |
| FY 2015 Q4 | Dec 31, 2015 | 10.62% | — | — | 11.94% | 4.25% | 2.9 pp |
| FY 2015 Q3 | Sep 30, 2015 | 10.84% | — | — | 12.54% | 4.6% | 3.1 pp |
| FY 2015 Q2 | Jun 30, 2015 | 10.39% | — | — | 12.36% | 4.87% | 2.7 pp |
| FY 2015 Q1 | Mar 31, 2015 | 10.64% | — | — | 12.96% | 5.01% | 2.9 pp |
| FY 2014 Q4 | Dec 31, 2014 | 9.98% | — | — | 11.82% | 4.97% | 2.3 pp |
| FY 2014 Q3 | Sep 30, 2014 | 9.67% | — | — | 11.86% | 5.18% | 2 pp |
| FY 2014 Q2 | Jun 30, 2014 | 9.19% | — | 43.32% | 11.7% | 5.14% | 1.5 pp |
| FY 2014 Q1 | Mar 31, 2014 | 8.47% | — | 318.12% | 11% | 4.66% | 0.8 pp |
| FY 2013 Q4 | Dec 31, 2013 | 8.8% | — | — | 11.25% | 5.12% | 1.1 pp |
| FY 2013 Q3 | Sep 30, 2013 | — | — | — | 9.64% | 4.43% | — |
| FY 2013 Q2 | Jun 30, 2013 | 7.21% | 6.52% | — | 9.24% | 4.1% | -0.5 pp |
| FY 2013 Q1 | Mar 31, 2013 | 6.79% | 5.94% | — | 8.61% | 3.73% | -0.9 pp |
| FY 2012 Q4 | Dec 31, 2012 | 6.24% | 5.6% | — | 8.24% | 3.68% | -1.5 pp |
| FY 2012 Q3 | Sep 30, 2012 | — | — | — | — | — | — |
| FY 2012 Q2 | Jun 30, 2012 | — | — | — | — | — | — |
| FY 2012 Q1 | Mar 31, 2012 | — | — | — | — | — | — |
| FY 2011 Q4 | Dec 31, 2011 | 6.27% | 5.35% | — | 8.91% | 3.67% | -1.4 pp |
| FY 2011 Q3 | Sep 30, 2011 | — | 5.36% | — | 8.73% | 3.54% | — |
| FY 2011 Q2 | Jun 30, 2011 | — | 4.99% | — | 8.47% | 3.47% | — |
| FY 2011 Q1 | Mar 31, 2011 | — | 4.27% | — | 7.01% | 2.89% | — |
| FY 2010 Q4 | Dec 31, 2010 | 5.14% | 4.57% | 7.16% | 6.14% | 2.97% | -2.6 pp |
| FY 2010 Q3 | Sep 30, 2010 | — | 4.45% | — | 5.4% | 2.6% | — |
| FY 2010 Q2 | Jun 30, 2010 | — | 4.28% | — | 4.82% | 2.39% | — |
| FY 2010 Q1 | Mar 31, 2010 | — | — | — | — | — | — |
| FY 2009 Q4 | Dec 31, 2009 | — | — | — | — | — | — |
| FY 2009 Q3 | Sep 30, 2009 | — | — | — | — | — | — |
| FY 2009 Q2 | Jun 30, 2009 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 7.7%, rounded from the US nonfinancial market · generic proxy benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · IVZ, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.