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Side-by-side financial comparison of Invesco (IVZ) and Molson Coors Beverage Company (TAP). Click either name above to swap in a different company.
Molson Coors Beverage Company is the larger business by last-quarter revenue ($2.7B vs $1.7B, roughly 1.6× Invesco). Molson Coors Beverage Company runs the higher net margin — 5.5% vs -58.9%, a 64.4% gap on every dollar of revenue. On growth, Invesco posted the faster year-over-year revenue change (6.2% vs 2.0%). Invesco produced more free cash flow last quarter ($432.2M vs $-212.9M). Over the past eight quarters, Invesco's revenue compounded faster (7.1% CAGR vs -15.8%).
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.
Molson Coors Beverage Company is a Canadian-American multinational drink and brewing company headquartered in Chicago, Illinois and Montreal, Quebec.
IVZ vs TAP — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.7B | $2.7B |
| Net Profit | $-995.9M | $150.1M |
| Gross Margin | — | 33.0% |
| Operating Margin | -86.2% | — |
| Net Margin | -58.9% | 5.5% |
| Revenue YoY | 6.2% | 2.0% |
| Net Profit YoY | -575.8% | 25.0% |
| EPS (diluted) | $-2.61 | $0.80 |
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.
| Q1 26 | — | $2.7B | ||
| Q4 25 | $1.7B | $3.1B | ||
| Q3 25 | $1.6B | $3.5B | ||
| Q2 25 | $1.5B | $3.7B | ||
| Q1 25 | $1.5B | $2.7B | ||
| Q4 24 | $1.6B | $3.2B | ||
| Q3 24 | $1.5B | $3.6B | ||
| Q2 24 | $1.5B | $3.8B |
| Q1 26 | — | $150.1M | ||
| Q4 25 | $-995.9M | $238.3M | ||
| Q3 25 | $356.4M | $-2.9B | ||
| Q2 25 | $197.4M | $428.7M | ||
| Q1 25 | $171.1M | $121.0M | ||
| Q4 24 | $209.3M | $287.8M | ||
| Q3 24 | $55.0M | $199.8M | ||
| Q2 24 | $132.2M | $427.0M |
| Q1 26 | — | 33.0% | ||
| Q4 25 | — | 31.0% | ||
| Q3 25 | — | 33.7% | ||
| Q2 25 | — | 34.3% | ||
| Q1 25 | — | 31.6% | ||
| Q4 24 | — | 32.0% | ||
| Q3 24 | — | 33.4% | ||
| Q2 24 | — | 34.6% |
| Q1 26 | — | — | ||
| Q4 25 | -86.2% | 10.4% | ||
| Q3 25 | 16.5% | -98.5% | ||
| Q2 25 | 14.1% | 15.6% | ||
| Q1 25 | 18.1% | 6.9% | ||
| Q4 24 | 19.6% | 12.0% | ||
| Q3 24 | 6.6% | 12.5% | ||
| Q2 24 | 13.9% | 15.6% |
| Q1 26 | — | 5.5% | ||
| Q4 25 | -58.9% | 7.6% | ||
| Q3 25 | 21.7% | -84.0% | ||
| Q2 25 | 13.0% | 11.5% | ||
| Q1 25 | 11.2% | 4.5% | ||
| Q4 24 | 13.1% | 8.9% | ||
| Q3 24 | 3.6% | 5.5% | ||
| Q2 24 | 8.9% | 11.1% |
| Q1 26 | — | $0.80 | ||
| Q4 25 | $-2.61 | $1.32 | ||
| Q3 25 | $0.66 | $-14.79 | ||
| Q2 25 | $-0.03 | $2.13 | ||
| Q1 25 | $0.38 | $0.59 | ||
| Q4 24 | $0.46 | $1.39 | ||
| Q3 24 | $0.12 | $0.96 | ||
| Q2 24 | $0.29 | $2.03 |
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 | $382.6M |
| Total DebtLower is stronger | $1.8B | $3.8B |
| Stockholders' EquityBook value | $12.2B | $10.3B |
| Total Assets | $27.1B | $22.4B |
| Debt / EquityLower = less leverage | 0.15× | 0.38× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $382.6M | ||
| Q4 25 | $1.0B | $896.5M | ||
| Q3 25 | $973.1M | $950.2M | ||
| Q2 25 | $922.7M | $613.8M | ||
| Q1 25 | $821.7M | $412.7M | ||
| Q4 24 | $986.5M | $969.3M | ||
| Q3 24 | $1.0B | $1.0B | ||
| Q2 24 | $878.5M | $1.6B |
| Q1 26 | — | $3.8B | ||
| Q4 25 | $1.8B | $6.3B | ||
| Q3 25 | $1.6B | $6.3B | ||
| Q2 25 | $1.9B | $6.3B | ||
| Q1 25 | $964.8M | $6.2B | ||
| Q4 24 | $890.6M | $6.1B | ||
| Q3 24 | $890.3M | $6.2B | ||
| Q2 24 | $890.1M | $7.0B |
| Q1 26 | — | $10.3B | ||
| Q4 25 | $12.2B | $10.2B | ||
| Q3 25 | $14.0B | $10.3B | ||
| Q2 25 | $13.9B | $13.4B | ||
| Q1 25 | $14.7B | $13.1B | ||
| Q4 24 | $14.6B | $13.1B | ||
| Q3 24 | $14.8B | $13.3B | ||
| Q2 24 | $14.6B | $13.2B |
| Q1 26 | — | $22.4B | ||
| Q4 25 | $27.1B | $22.7B | ||
| Q3 25 | $28.4B | $22.9B | ||
| Q2 25 | $28.5B | $26.8B | ||
| Q1 25 | $28.1B | $25.9B | ||
| Q4 24 | $27.0B | $26.1B | ||
| Q3 24 | $27.5B | $26.6B | ||
| Q2 24 | $27.2B | $27.4B |
| Q1 26 | — | 0.38× | ||
| Q4 25 | 0.15× | 0.61× | ||
| Q3 25 | 0.12× | 0.61× | ||
| Q2 25 | 0.14× | 0.47× | ||
| Q1 25 | 0.07× | 0.47× | ||
| Q4 24 | 0.06× | 0.47× | ||
| Q3 24 | 0.06× | 0.47× | ||
| Q2 24 | 0.06× | 0.53× |
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 | — |
| Free Cash FlowOCF − Capex | $432.2M | $-212.9M |
| FCF MarginFCF / Revenue | 25.5% | -7.8% |
| Capex IntensityCapex / Revenue | 1.4% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $1.4B | $1.2B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $455.8M | $540.7M | ||
| Q3 25 | $606.2M | $616.1M | ||
| Q2 25 | $547.9M | $718.3M | ||
| Q1 25 | $-84.6M | $-90.7M | ||
| Q4 24 | $316.9M | $494.5M | ||
| Q3 24 | $438.4M | $521.2M | ||
| Q2 24 | $489.1M | $869.2M |
| Q1 26 | — | $-212.9M | ||
| Q4 25 | $432.2M | $357.8M | ||
| Q3 25 | $586.4M | $483.0M | ||
| Q2 25 | $530.4M | $555.0M | ||
| Q1 25 | $-108.0M | $-328.0M | ||
| Q4 24 | $309.9M | $383.4M | ||
| Q3 24 | $410.0M | $350.4M | ||
| Q2 24 | $462.4M | $691.7M |
| Q1 26 | — | -7.8% | ||
| Q4 25 | 25.5% | 11.4% | ||
| Q3 25 | 35.7% | 13.9% | ||
| Q2 25 | 35.0% | 14.8% | ||
| Q1 25 | -7.1% | -12.2% | ||
| Q4 24 | 19.5% | 11.8% | ||
| Q3 24 | 27.1% | 9.7% | ||
| Q2 24 | 31.2% | 18.0% |
| Q1 26 | — | — | ||
| Q4 25 | 1.4% | 5.9% | ||
| Q3 25 | 1.2% | 3.8% | ||
| Q2 25 | 1.2% | 4.4% | ||
| Q1 25 | 1.5% | 8.8% | ||
| Q4 24 | 0.4% | 3.4% | ||
| Q3 24 | 1.9% | 4.7% | ||
| Q2 24 | 1.8% | 4.6% |
| Q1 26 | — | — | ||
| Q4 25 | — | 2.27× | ||
| Q3 25 | 1.70× | — | ||
| Q2 25 | 2.78× | 1.68× | ||
| Q1 25 | -0.49× | -0.75× | ||
| Q4 24 | 1.51× | 1.72× | ||
| Q3 24 | 7.97× | 2.61× | ||
| Q2 24 | 3.70× | 2.04× |
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% |
TAP
Segment breakdown not available.
