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Side-by-side financial comparison of Invesco (IVZ) and Public Storage (PSA). Click either name above to swap in a different company.
Invesco is the larger business by last-quarter revenue ($1.7B vs $1.2B, roughly 1.4× Public Storage). Public Storage runs the higher net margin — 41.7% vs -58.9%, a 100.6% gap on every dollar of revenue. On growth, Invesco posted the faster year-over-year revenue change (6.2% vs 3.3%). Over the past eight quarters, Invesco's revenue compounded faster (7.1% CAGR vs 2.5%).
Invesco Ltd. is an American independent investment management company headquartered in Atlanta, Georgia, with branch offices in 20 countries. Its common stock is a constituent of the S&P 500 and trades on the New York Stock Exchange. Invesco operates under the Invesco, Invesco Perpetual, and Powershares brand names.
Public Storage, headquartered in Glendale, California, is a real estate investment trust that invests in self storage. It is the largest brand of self-storage services in the US and owns approximately 9% of the self storage square footage in the U.S. As of December 31, 2024, the company operated 3,073 self-storage facilities containing an aggregate of 221 million net rentable square feet of space.
IVZ vs PSA — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.7B | $1.2B |
| Net Profit | $-995.9M | $507.1M |
| Gross Margin | — | — |
| Operating Margin | -86.2% | 40.7% |
| Net Margin | -58.9% | 41.7% |
| Revenue YoY | 6.2% | 3.3% |
| Net Profit YoY | -575.8% | -17.5% |
| EPS (diluted) | $-2.61 | $2.59 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $1.7B | $1.2B | ||
| Q3 25 | $1.6B | $1.2B | ||
| Q2 25 | $1.5B | $1.2B | ||
| Q1 25 | $1.5B | $1.2B | ||
| Q4 24 | $1.6B | $1.2B | ||
| Q3 24 | $1.5B | $1.2B | ||
| Q2 24 | $1.5B | $1.2B | ||
| Q1 24 | $1.5B | $1.2B |
| Q4 25 | $-995.9M | $507.1M | ||
| Q3 25 | $356.4M | $511.1M | ||
| Q2 25 | $197.4M | $358.4M | ||
| Q1 25 | $171.1M | $407.8M | ||
| Q4 24 | $209.3M | $614.6M | ||
| Q3 24 | $55.0M | $430.3M | ||
| Q2 24 | $132.2M | $518.1M | ||
| Q1 24 | $141.5M | $508.9M |
| Q4 25 | -86.2% | 40.7% | ||
| Q3 25 | 16.5% | 42.3% | ||
| Q2 25 | 14.1% | 30.4% | ||
| Q1 25 | 18.1% | 34.8% | ||
| Q4 24 | 19.6% | 52.4% | ||
| Q3 24 | 6.6% | 36.7% | ||
| Q2 24 | 13.9% | 44.6% | ||
| Q1 24 | 14.4% | 44.3% |
| Q4 25 | -58.9% | 41.7% | ||
| Q3 25 | 21.7% | 41.8% | ||
| Q2 25 | 13.0% | 29.8% | ||
| Q1 25 | 11.2% | 34.5% | ||
| Q4 24 | 13.1% | 52.2% | ||
| Q3 24 | 3.6% | 36.2% | ||
| Q2 24 | 8.9% | 44.2% | ||
| Q1 24 | 9.6% | 44.0% |
| Q4 25 | $-2.61 | $2.59 | ||
| Q3 25 | $0.66 | $2.62 | ||
| Q2 25 | $-0.03 | $1.76 | ||
| Q1 25 | $0.38 | $2.04 | ||
| Q4 24 | $0.46 | $3.22 | ||
| Q3 24 | $0.12 | $2.16 | ||
| Q2 24 | $0.29 | $2.66 | ||
| Q1 24 | $0.31 | $2.60 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.0B | $318.1M |
| Total DebtLower is stronger | $1.8B | $10.3B |
| Stockholders' EquityBook value | $12.2B | $9.2B |
| Total Assets | $27.1B | $20.2B |
| Debt / EquityLower = less leverage | 0.15× | 1.11× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.0B | $318.1M | ||
| Q3 25 | $973.1M | $296.5M | ||
| Q2 25 | $922.7M | $1.1B | ||
| Q1 25 | $821.7M | $287.2M | ||
| Q4 24 | $986.5M | $447.4M | ||
| Q3 24 | $1.0B | $599.0M | ||
| Q2 24 | $878.5M | $542.3M | ||
| Q1 24 | $895.7M | $271.6M |
| Q4 25 | $1.8B | $10.3B | ||
| Q3 25 | $1.6B | $10.0B | ||
| Q2 25 | $1.9B | $10.4B | ||
| Q1 25 | $964.8M | $9.4B | ||
| Q4 24 | $890.6M | $9.4B | ||
| Q3 24 | $890.3M | $9.5B | ||
| Q2 24 | $890.1M | $9.4B | ||
| Q1 24 | $1.3B | $9.1B |
| Q4 25 | $12.2B | $9.2B | ||
| Q3 25 | $14.0B | $9.3B | ||
| Q2 25 | $13.9B | $9.4B | ||
| Q1 25 | $14.7B | $9.6B | ||
| Q4 24 | $14.6B | $9.7B | ||
| Q3 24 | $14.8B | $9.6B | ||
| Q2 24 | $14.6B | $9.7B | ||
| Q1 24 | $14.6B | $9.9B |
| Q4 25 | $27.1B | $20.2B | ||
| Q3 25 | $28.4B | $20.1B | ||
| Q2 25 | $28.5B | $20.5B | ||
| Q1 25 | $28.1B | $19.6B | ||
| Q4 24 | $27.0B | $19.8B | ||
| Q3 24 | $27.5B | $19.8B | ||
| Q2 24 | $27.2B | $19.8B | ||
| Q1 24 | $28.1B | $19.6B |
| Q4 25 | 0.15× | 1.11× | ||
| Q3 25 | 0.12× | 1.08× | ||
| Q2 25 | 0.14× | 1.11× | ||
| Q1 25 | 0.07× | 0.99× | ||
| Q4 24 | 0.06× | 0.96× | ||
| Q3 24 | 0.06× | 0.99× | ||
| Q2 24 | 0.06× | 0.97× | ||
| Q1 24 | 0.09× | 0.91× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $455.8M | $733.6M |
| Free Cash FlowOCF − Capex | $432.2M | — |
| FCF MarginFCF / Revenue | 25.5% | — |
| Capex IntensityCapex / Revenue | 1.4% | — |
| Cash ConversionOCF / Net Profit | — | 1.45× |
| TTM Free Cash FlowTrailing 4 quarters | $1.4B | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $455.8M | $733.6M | ||
| Q3 25 | $606.2M | $875.1M | ||
| Q2 25 | $547.9M | $872.7M | ||
| Q1 25 | $-84.6M | $705.1M | ||
| Q4 24 | $316.9M | $768.6M | ||
| Q3 24 | $438.4M | $798.8M | ||
| Q2 24 | $489.1M | $895.3M | ||
| Q1 24 | $-54.4M | $665.6M |
| Q4 25 | $432.2M | — | ||
| Q3 25 | $586.4M | — | ||
| Q2 25 | $530.4M | — | ||
| Q1 25 | $-108.0M | — | ||
| Q4 24 | $309.9M | — | ||
| Q3 24 | $410.0M | — | ||
| Q2 24 | $462.4M | — | ||
| Q1 24 | $-75.4M | — |
| Q4 25 | 25.5% | — | ||
| Q3 25 | 35.7% | — | ||
| Q2 25 | 35.0% | — | ||
| Q1 25 | -7.1% | — | ||
| Q4 24 | 19.5% | — | ||
| Q3 24 | 27.1% | — | ||
| Q2 24 | 31.2% | — | ||
| Q1 24 | -5.1% | — |
| Q4 25 | 1.4% | — | ||
| Q3 25 | 1.2% | — | ||
| Q2 25 | 1.2% | — | ||
| Q1 25 | 1.5% | — | ||
| Q4 24 | 0.4% | — | ||
| Q3 24 | 1.9% | — | ||
| Q2 24 | 1.8% | — | ||
| Q1 24 | 1.4% | — |
| Q4 25 | — | 1.45× | ||
| Q3 25 | 1.70× | 1.71× | ||
| Q2 25 | 2.78× | 2.43× | ||
| Q1 25 | -0.49× | 1.73× | ||
| Q4 24 | 1.51× | 1.25× | ||
| Q3 24 | 7.97× | 1.86× | ||
| Q2 24 | 3.70× | 1.73× | ||
| Q1 24 | -0.38× | 1.31× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
IVZ
| Investment Advice | $1.2B | 73% |
| Distribution And Shareholder Service | $382.7M | 23% |
| Financial Service Other | $51.0M | 3% |
| Investment Performance | $28.9M | 2% |
PSA
| Self Storage Operations | $1.1B | 93% |
| Ancillary Operations | $86.9M | 7% |
