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Price T Rowe Group vs Invesco: TROW and IVZ compared
Price T Rowe Group is the larger company: $2.0B of revenue in its latest quarter (Q3 2026) against $1.9B for Invesco (Q3 2026). Invesco is growing faster (+14% against +6% a year earlier). Price T Rowe Group is more profitable, with an operating margin of 38.4% against 23.3%.
Where the money goes: TROW and IVZ
Price T Rowe Group (TROW) · Q3 2026
Price T Rowe Group, Q3 2026: revenue $2.0B (+6% year over year), operating margin 38.4%, net earnings $612M, operating cash flow $543M. The chart follows the revenue to costs, profit and cash.
Invesco (IVZ) · Q3 2026
Invesco, Q3 2026: revenue $1.9B (+14% year over year), operating margin 23.3%, net earnings $294M, operating cash flow $475M. The chart follows the revenue to costs, profit and cash.
| Price T Rowe Group (TROW) | Invesco (IVZ) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $2.0B | $1.9B |
| Revenue growth, Y/Y | +6% | +14% |
| Operating margin | 38.4% | 23.3% |
| Net earnings | $612M | $294M |
| Net margin | 30.5% | 15.7% |
| Operating cash flow | $543M | $475M |
| Free cash flow | $471M | $443M |
| Market value | $23.2B | $12.3B |
| P/E | 11.0× | — |
| Analysts’ mean target | $105.39 | $35.00 |
Where the revenue comes from
Price T Rowe Group
- Investment advisory fees: $1.8B (90%)
- Administrative, distribution, servicing, and other fees: $141M (7%)
- Capital allocation-based income: $59.9M (3%)
- Performance-based advisory fees: $7.3M (0%)
Invesco
- Investment management fees: $1.5B (81%)
- Service and distribution fees: $313M (17%)
- Other: $45.8M (2%)
Questions
Which is bigger, Price T Rowe Group or Invesco?
Price T Rowe Group is the larger company: $2.0B of revenue in its latest quarter (Q3 2026) against $1.9B for Invesco (Q3 2026).
Is Price T Rowe Group or Invesco growing faster?
Invesco is growing faster (+14% against +6% a year earlier).
Which is more profitable, Price T Rowe Group or Invesco?
Price T Rowe Group is more profitable, with an operating margin of 38.4% against 23.3%.
More: Price T Rowe Group earnings · how Price T Rowe Group makes money · Invesco earnings · how Invesco makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Oct 29, 2026; 10-Q filed Nov 3, 2026). Fiscal quarters can end on different dates. Not investment advice.