INVESCO MORTGAGE CAPITAL INC

IVR Real Estate Reit Mortgage

INVESCO MORTGAGE CAPITAL INC’s revenue for fiscal 2025 (year ended December 2025) was $295.3 million, up 3.05% from fiscal 2024. In the quarter to June 2026, revenue grew 20.9%, EPS grew 185.0%, free cash flow grew 3.93% and total debt rose 34.0%, each against the same quarter a year earlier. Revenue growth for three consecutive years; insiders bought in the last twelve months.

5.53 0.11 −1.95%
Market cap
$607.1M
P/E
3.7×
Fwd P/E
10.2×
Dividend yield
28.2%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Dec '16 Dec '17 Dec '18 Dec '19 Dec '20 Dec '21 Dec '22 Dec '23 Dec '24 Dec '25
P/E ratio
7.08 6.15 0.00 6.85 0.00 0.00 0.00 0.00 12.38 6.57
Piotroski F-Score
7 6 5 7 5 7 4 5 5 6
P/S ratio
3.46 3.61 2.51 2.83 2.10 4.52 2.31 1.37 1.51 1.90
P/FCF ratio
5.60 6.77 5.31 6.42 3.44 5.02 2.29 1.61 2.36 3.58
P/Operating CF
37.38 22.78 19.58 17.56 21.95 18.28 6.49 12.07 7.00 9.40
P/B ratio
0.83 0.94 0.94 0.93 0.73 0.79 0.89 0.77 0.78 0.89
Price to Tangible BV
0.83 0.94 0.94 0.93 0.73 0.79 0.89 0.77 0.78 0.89
EV/Sales
30.71 32.57 26.02 27.10 29.14 46.78 26.45 19.37 20.44 22.88
EV/EBITDA
39.56 51.17 61.12 74.57 54.93 46.83 52.82 990.46 1,265.60 130.18
EV/Operating CF
49.70 61.09 55.00 61.44 47.89 51.98 26.24 22.63 31.97 43.00
EV/FCF
49.70 61.09 55.00 61.44 47.89 51.98 26.24 22.63 31.97 43.00
Quick Ratio
0.01 0.01 0.01 0.02 0.05 0.08 0.07 0.04 0.04 0.03
Current Ratio
0.01 0.01 0.01 0.02 0.05 0.08 0.07 0.04 0.04 0.03
Net Debt/EBITDA
35.11 45.49 55.22 66.78 46.00 37.92 40.61 783.96 1,012.12 105.08
Debt/Assets
84.09% 85.08% 85.62% 85.84% 83.73% 82.76% 83.08% 84.38% 86.04% 86.77%
Debt/Equity
5.82 5.97 6.67 6.54 5.29 4.98 5.27 5.70 6.70 7.05
Asset Turnover
0.03 0.03 0.04 0.04 0.02 0.02 0.03 0.05 0.05 0.05
Operating CF/Net income
1.28 0.91 (2.64) 1.07 (0.10) (1.15) (0.47) (6.33) 5.27 1.78
Capex/Depreciation
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
ROE
11.67% 15.72% (6.04%) 15.62% (108.36%) (14.90%) (56.36%) (7.51%) 6.62% 14.84%
ROA
1.43% 1.87% (0.63%) 1.59% (11.10%) (1.55%) (6.16%) (0.72%) 0.63% 1.45%
ROIC
1.14% 1.03% 0.92% 0.74% 1.19% 1.22% 1.54% 0.37% 0.20% 0.57%
Return on Tangible Assets
(2.10%) (2.29%) 0.85% (1.85%) 25.13% 2.07% 10.48% 0.88% (0.74%) (1.61%)
Average Days of Receivables
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Research and Development Expense of Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Selling, General and Administrative Expense of Revenue
8.73% 8.21% 7.43% 5.93% 14.36% 17.28% 13.02% 7.10% 6.64% 6.29%
Intangible Assets out of Total Assets
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Share Based Compensation of Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Graham Net Nets
(8.02) (8.08) (9.52) (8.68) (11.70) (8.45) (8.93) (11.26) (10.96) (9.80)
Graham Number
288.73 348.03 0.00 312.86 0.00 0.00 0.00 0.00 12.30 16.49
Earnings Yield
14.13% 16.27% (7.11%) 14.59% (327.22%) (17.63%) (96.20%) (9.23%) 8.07% 15.22%
Free Cash Flow Yield
17.86% 14.76% 18.82% 15.59% 29.03% 19.91% 43.62% 62.23% 42.31% 27.93%
Revenue per Share
42.75 48.84 57.60 58.83 16.13 6.15 5.69 6.31 5.33 4.42
Operating CF per Share
26.42 26.04 27.25 25.95 9.81 5.54 5.74 5.40 3.41 2.35
Capex per Share
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Free Cash Flow per Share
26.42 26.04 27.25 25.95 9.81 5.54 5.74 5.40 3.41 2.35
Cash per Share
14.45 7.97 12.15 21.88 22.60 20.97 8.16 4.51 3.92 2.49
Shareholders Equity per Share
202.74 238.05 204.83 221.60 78.69 50.96 23.54 17.76 13.59 11.92
Interest Debt per Share
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Book value per Share
202.74 238.05 204.83 221.60 78.69 50.96 23.54 17.76 13.59 11.92
Free Cash Flow
295.80 290.60 304.26 343.36 170.46 152.29 196.08 237.79 183.16 157.09
Working Capital
(11,021.48) (14,011.85) (13,506.18) (17,288.36) (6,838.39) (6,413.84) (3,977.95) (4,277.14) (4,717.41) (5,483.07)
Capital Expenditures
— (3.46) (51.02) — — — — — — —
Net Current Asset Value
(13,274.26) (15,911.38) (15,391.19) (19,125.15) (6,873.11) (6,464.65) (4,014.54) (4,302.91) (4,746.42) (5,511.92)
EV/EBIT
52.60 58.46 65.27 81.18 52.36 51.73 43.74 181.52 337.52 118.80
Capex to Sales
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Operating Income
5.92 6.48 6.31 8.48 3.77 5.00 3.82 12.89 24.95 9.89
Other line items
Depreciation/Fixed assets
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Cash ROIC
1.89% 1.56% 1.72% 1.53% 1.90% 1.70% 3.69% 4.37% 3.14% 2.39%
Accounts Receivable Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Accounts Payable Turnover
80.49 105.30 174.05 290.30 54.70 (6.77) 31.71 171.54 171.33 137.46
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Average Days of Payables
3.56 4.08 1.82 1.21 6.42 (61.01) 9.66 2.07 2.37 2.62
Days of Inventory on Hand
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Average Payables
1.96 1.87 1.95 1.63 1.50 1.67 1.63 1.33 1.46 1.60
Average Assets
16,236.78 17,181.75 18,235.39 20,080.03 15,489.70 8,538.35 6,770.62 5,190.80 5,486.12 6,081.96
Average Common Equity
1,983.33 2,039.26 1,908.46 2,045.97 1,586.20 889.00 739.77 499.77 525.31 594.12

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