Invesaro

Stocks Comparison

Blackstone vs Invesco: revenue, profit, margins and growth compared

Blackstone brought in $14.5B of revenue in fiscal 2025, Invesco $6.4B in fiscal 2025. Revenue changed by +9.2% at Blackstone and +5.1% at Invesco on the year before, so Blackstone grew faster. Blackstone kept 20.9% of its revenue as net profit, Invesco -11.4%. Free cash flow was $4.5B at Blackstone and $1.4B at Invesco.

Side by side, latest fiscal year

BXIVZ
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$14.5B$6.4B
Revenue growth+9.2%+5.1%
Net income$3B-$726.3M
Net margin20.9%-11.4%
Free cash flow$4.5B$1.4B
Free cash flow margin31.5%22.6%
Earnings per share (diluted)$3.87-$1.60
Cash$2.6B$1B
Debt$12.6B$1.8B
Price to earnings30.6n/a
Market value$88.9B$13.7B
Dividend yield3.96%2.70%
Rank by revenue in sector#46 of 444 · Finance#85 of 444 · Finance

Over the years

Revenue
BX FY2018: $6.8BBX FY2019: $7.3BBX FY2020: $6.1BBX FY2021: $22.6BBX FY2022: $8.5BBX FY2023: $8BBX FY2024: $13.2BBX FY2025: $14.5BIVZ FY2018: $5.3BIVZ FY2019: $6.1BIVZ FY2020: $6.1BIVZ FY2021: $6.9BIVZ FY2022: $6BIVZ FY2023: $5.7BIVZ FY2024: $6.1BIVZ FY2025: $6.4BFY18FY19FY20FY21FY22FY23FY24FY25
BX $14.5BIVZ $6.4B
Net income
BX FY2018: $1.5BBX FY2019: $2BBX FY2020: $1BBX FY2021: $5.9BBX FY2022: $1.7BBX FY2023: $1.4BBX FY2024: $2.8BBX FY2025: $3BIVZ FY2018: $882.8MIVZ FY2019: $564.7MIVZ FY2020: $524.8MIVZ FY2021: $1.4BIVZ FY2022: $683.9MIVZ FY2023: -$333.7MIVZ FY2024: $538MIVZ FY2025: -$726.3MFY18FY19FY20FY21FY22FY23FY24FY25
BX $3BIVZ -$726.3M
Net margin
BX FY2018: 22.6%BX FY2019: 27.9%BX FY2020: 17.1%BX FY2021: 25.9%BX FY2022: 20.5%BX FY2023: 17.3%BX FY2024: 21.0%BX FY2025: 20.9%IVZ FY2018: 16.6%IVZ FY2019: 9.2%IVZ FY2020: 8.5%IVZ FY2021: 20.2%IVZ FY2022: 11.3%IVZ FY2023: -5.8%IVZ FY2024: 8.9%IVZ FY2025: -11.4%FY18FY19FY20FY21FY22FY23FY24FY25
BX 20.9%IVZ -11.4%
Revenue growth
BX FY2019: +7.4%BX FY2020: -16.8%BX FY2021: +270.0%BX FY2022: -62.3%BX FY2023: -5.8%BX FY2024: +64.9%BX FY2025: +9.2%IVZ FY2019: +15.1%IVZ FY2020: +0.5%IVZ FY2021: +12.2%IVZ FY2022: -12.3%IVZ FY2023: -5.5%IVZ FY2024: +6.1%IVZ FY2025: +5.1%FY19FY20FY21FY22FY23FY24FY25
BX +9.2%IVZ +5.1%
Free cash flow
BX FY2018: $27.4MBX FY2019: $1.9BBX FY2020: $1.8BBX FY2021: $3.9BBX FY2022: $6.1BBX FY2023: $3.8BBX FY2024: $3.4BBX FY2025: $4.5BIVZ FY2018: $726.3MIVZ FY2019: $992.3MIVZ FY2020: $1.1BIVZ FY2021: $969.3MIVZ FY2022: $510.3MIVZ FY2023: $1.1BIVZ FY2024: $1.1BIVZ FY2025: $1.4BFY18FY19FY20FY21FY22FY23FY24FY25
BX $4.5BIVZ $1.4B

Fiscal years as each company reports them; the two may end in different months.

Questions about Blackstone and Invesco

Which is bigger by revenue, Blackstone or Invesco?

Blackstone is bigger by revenue: $14.5B in fiscal 2025, against $6.4B for Invesco in fiscal 2025.

Which keeps more of its revenue as profit, Blackstone or Invesco?

Blackstone had a net margin of 20.9% in fiscal 2025; Invesco had -11.4% in fiscal 2025.

Which grew revenue faster, Blackstone or Invesco?

In their latest fiscal years revenue changed by +9.2% at Blackstone and +5.1% at Invesco.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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