Invesco vs Northern Trust
Northern Trust is the larger business, with $8.09bn of revenue in fiscal 2025 against $6.38bn for Invesco (1.3 times as much). Invesco grew faster (5.1% against -2.5%). Northern Trust kept more of each dollar of sales as profit: a net margin of 21.5% against -11.4%.
| Latest fiscal year | InvescoIVZ, 2025 | Northern TrustNTRS, 2025 |
|---|---|---|
| Revenue | $6.38bn | $8.09bn |
| Revenue growth | 5.1% | -2.5% |
| Net income | −$726m | $1.74bn |
| Operating margin | -10.9% | — |
| Net margin | -11.4% | 21.5% |
| Return on equity | -5.4% | 13.5% |
| Free cash flow | $1.44bn | $5.46bn |
| Cash | $1.04bn | $5.87bn |
| Total debt | $1.83bn | $0 |
| Debt to equity | 14.9% | — |
| Dividend per share | $0.83 | $3.10 |
| Dividend yield | 3.1% | 2.0% |
| Share buybacks | $124m | $1.27bn |
| Employees | 8,611 | 23,800 |
| Market value | $12.42bn | $31.24bn |
| Price vs our value range | — | — |
| Moat score | 65 (Moderate) | 76 (Strong) |
| Insider trades, 12 months | 0 buys, 5 sales | 6 buys, 19 sales |