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Invesco Mortgage Capital Inc. IVR

NYSE · reit · Real Estate Investment Trusts · website · IPO 2009-06-26 · LEI

Invesco Mortgage Capital Inc. statistics & valuation

Market cap$731.4M
P / E7.2×
P / B0.9×
Return on equity12.7%
Graham number +183.4%$18.16

Market cap as of 2026-06-30. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($18.16); a green figure means the price is below it.

Profitability & efficiency

Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
2016201720182019202020212022202320242025
Return on equity (%)
11.20% 13.10% -3.10% 12.40% -122.50% -6.40% -50.10% -2.00% 8.20% 12.70% 2016201720182019202020212022202320242025
Shares outstanding
130.3M 123.0M 111.6M 144.3M 203.2M 33.0M 38.7M 48.5M 61.7M 71.8M 2016201720182019202020212022202320242025
Net debt ($)
$13.05B $15.79B $15.12B $19.01B 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
1.60% 1.90% -0.40% 1.60% -19.40% -1.10% -7.90% -0.30% 1.10% 1.60% 2016201720182019202020212022202320242025
Free cash flow margin (%)
2016201720182019202020212022202320242025
Debt / equity (×)
5.82× 5.97× 6.67× 6.54× 2016201720182019202020212022202320242025
EPS ($)
$1.98 $2.75 -$1.03 $2.42 -$98.93 -$4.82 -$12.21 -$0.85 $0.65 $1.32 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Invesco Mortgage Capital Inc. trades at about 4.9× earnings — below its 10-year norm (10-year range 6.5×–153×, median 72.3×).

4.9× 153×

Shaded band = 10-year range (6.5×–153×); dot = today's 4.9×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Return on assets1.6%1.1%-0.3%-7.9%-1.1%-19.4%1.6%-0.4%1.9%1.6%
Return on equity12.7%8.2%-2.0%-50.1%-6.4%-122.5%12.4%-3.1%13.1%11.2%
Debt / equity——————6.54×6.67×5.97×5.82×

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.