NYSE : IVR
Invesco Mortgage Capital Inc. — Financial statements
Real Estate · REIT - Mortgage · United States
Last price 5.44 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 585.56M
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest and Dividend Income | 341.91M | 295.29M | 286.55M | 277.86M | 194.70M | 169.20M |
| Total Interest Expense | 303.04M | 269.76M | 134.93M | 165.93M | -639.77M | -174.85M |
| Net Interest Income | 38.87M | 25.52M | 151.62M | 111.93M | 834.47M | 344.05M |
| Gain (Loss) on Sale of Investments | -455.31M | 149.34M | -133.91M | -107.28M | -1.08B | -366.51M |
| Other Revenue | 407.50M | -55.03M | 61.65M | -461.00K | -132.73M | -40.08M |
| Revenue Before Loan Losses | -8.95M | 119.84M | 79.36M | 4.19M | -377.60M | -62.53M |
| Revenue | -8.95M | 119.84M | 79.36M | 4.19M | -377.60M | -62.53M |
| Cost of Services Provided | 20.09M | 18.56M | 19.02M | 19.73M | 25.32M | 29.23M |
| Total Operating Expenses | 20.09M | 18.56M | 19.02M | 19.73M | 25.32M | 29.23M |
| Operating Income | -29.04M | 101.28M | 60.34M | -15.54M | -402.92M | -91.77M |
| EBT Excluding Unusual Items | -29.04M | 101.28M | 60.34M | -15.54M | -402.92M | -91.77M |
| Gain (Loss) on Sale of Investments | -458.00K | -320.00K | 1.77M | |||
| Pretax Income | -29.04M | 101.28M | 59.88M | -15.86M | -402.92M | -90.00M |
| Earnings From Continuing Ops. | -29.04M | 101.28M | 59.88M | -15.86M | -402.92M | -90.00M |
| Net Income | -29.04M | 101.28M | 59.88M | -15.86M | -402.92M | -90.00M |
| Preferred Dividends & Other Adjustments | 12.79M | 13.11M | 25.12M | 21.68M | 14.04M | 42.48M |
| Net Income to Common | -41.83M | 88.17M | 34.76M | -37.54M | -416.96M | -132.48M |
| Shares Outstanding (Basic) | 88.90M | 66.88M | 53.77M | 44.07M | 34.16M | 27.51M |
| Shares Outstanding (Diluted) | 88.90M | 66.88M | 53.78M | 44.07M | 34.16M | 27.51M |
| EPS (Basic) | -0.47 | 1.32 | 0.65 | -0.85 | -12.21 | -4.82 |
| EPS (Diluted) | -0.47 | 1.32 | 0.65 | -0.85 | -12.21 | -4.82 |
| Dividend Per Share | 1.44 | 1.38 | 1.60 | 1.60 | 3.10 | 3.60 |
| Operating Margin | 84.51% | 76.03% | -370.77% | |||
| Profit Margin | 73.58% | 43.80% | -895.75% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 215.08M | 56.04M | 73.40M | 76.97M | 175.53M | 357.13M |
| Long-Term Investments | 186.19M | 397.29M | 316.02M | 333.62M | 352.86M | 490.56M |
| Trading Asset Securities | 13.85M | 4.41M | 5.03M | 12.15M | 662.00K | 270.00K |
| Loans & Lease Receivables | 23.52M | |||||
| Other Receivables | 46.75M | 27.85M | 24.87M | 26.60M | 22.74M | 16.77M |
| Restricted Cash | 211.45M | 110.39M | 138.06M | 121.67M | 104.83M | 227.90M |
| Other Current Assets | 1.52M | |||||
| Other Long-Term Assets | 7.12B | 5.88B | 5.13B | 4.71B | 4.44B | 7.33B |
| Total Assets | 7.79B | 6.48B | 5.69B | 5.28B | 5.10B | 8.44B |
| Accounts Payable | 2.21M | 1.58M | 1.62M | 1.30M | 1.36M | 1.89M |
| Accrued Expenses | 13.79M | 28.66M | 32.71M | 15.79M | 20.55M | 1.17M |
| Short-Term Debt | 15.49M | 627.00K | 2.08M | 14.36M | ||
| Current Portion of Long-Term Debt | 6.84B | 5.62B | 4.89B | 4.46B | 4.23B | 6.99B |
| Other Current Liabilities | 13.09M | 25.84M | 24.69M | 21.86M | 30.05M | 29.97M |
| Other Long-Term Liabilities | 3.90M | 3.01M | 3.70M | 3.91M | 4.45M | 6.49M |
| Total Liabilities | 6.89B | 5.68B | 4.96B | 4.50B | 4.29B | 7.04B |
| Common Stock | 1.09M | 718.00K | 617.00K | 484.00K | 387.00K | 330.00K |
| Additional Paid-In Capital | 4.51B | 4.21B | 4.13B | 4.01B | 3.90B | 3.82B |
| Retained Earnings | -3.77B | -3.58B | -3.57B | -3.52B | -3.41B | -2.88B |
| Comprehensive Income & Other | 173.00K | 698.00K | 10.76M | 37.29M | ||
| Total Common Equity | 740.74M | 631.79M | 556.45M | 494.18M | 505.37M | 974.17M |
| Shareholders' Equity | 903.37M | 797.54M | 730.73M | 782.66M | 804.08M | 1.40B |
| Total Liabilities & Equity | 7.79B | 6.48B | 5.69B | 5.28B | 5.10B | 8.44B |
| Total Debt | 6.86B | 5.62B | 4.89B | 4.46B | 4.24B | 7.00B |
| Net Cash (Debt) | -6.63B | -5.56B | -4.82B | -4.37B | -4.06B | -6.64B |
| Net Cash Per Share | -74.57 | -83.11 | -89.56 | -99.14 | -118.87 | -241.51 |
| Filing Date Shares Outstanding | 109.10M | 83.27M | 61.73M | 48.46M | 38.71M | 32.99M |
| Total Common Shares Outstanding | 109.10M | 71.79M | 61.73M | 48.46M | 38.71M | 32.99M |
| Working Capital | -6.40B | -5.48B | -4.71B | -4.26B | -3.99B | -6.41B |
| Book Value Per Share | 6.79 | 8.80 | 9.01 | 10.20 | 13.05 | 29.53 |
| Tangible Book Value | 740.74M | 631.79M | 556.45M | 494.18M | 505.37M | 974.17M |
| Tangible Book Value Per Share | 6.79 | 8.80 | 9.01 | 10.20 | 13.05 | 29.53 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 101.28M | 59.88M | -15.86M | -402.92M | -90.00M | |
| Depreciation & Amortization | 1.00K | 1.00K | 1.00K | |||
| Loss (Gain) From Sale of Investments | 62.17M | 105.73M | 259.67M | 586.38M | 243.49M | |
| Provision for Credit Losses | 458.00K | 320.00K | -1.77M | |||
| Loss (Gain) on Equity Investments | 193.00K | 1.00K | 45.00K | 9.00K | ||
| Stock-Based Compensation | 687.00K | 586.00K | 569.00K | 613.00K | 616.00K | |
| Change in Other Net Operating Assets | -7.05M | 16.31M | -7.03M | 11.97M | -58.00K | |
| Other Operating Activities | 123.00K | |||||
| Operating Cash Flow | 157.09M | 183.16M | 237.79M | 196.08M | 152.29M | |
| Investment in Securities | -676.27M | -508.25M | -358.86M | 1.94B | -29.98M | |
| Net Decrease (Increase) in Loans Originated / Sold - Investing | 23.92M | |||||
| Other Investing Activities | -216.60M | 10.82M | -177.94M | 462.06M | 150.73M | |
| Investing Cash Flow | -892.87M | -497.43M | -536.80M | 2.42B | 120.75M | |
| Long-Term Debt Issued | 48.36B | 38.47B | 41.08B | 66.87B | 82.35B | |
| Total Debt Issued | 48.36B | 38.47B | 41.08B | 66.87B | 82.35B | |
| Long-Term Debt Repaid | -47.64B | -38.04B | -40.86B | -69.63B | -82.59B | |
| Total Debt Repaid | -47.64B | -38.04B | -40.86B | -69.63B | -82.59B | |
| Net Debt Issued (Repaid) | 725.30M | 435.68M | 223.45M | -2.75B | -240.87M | |
| Preferred Share Repurchases | -8.51M | -117.31M | -8.75M | -115.08M | -140.04M | |
| Issuance of Common Stock | 81.62M | 116.46M | 109.10M | 81.90M | 430.50M | |
| Repurchase of Common Stock | -1.00K | |||||
| Total Dividends Paid | -106.90M | -105.47M | -102.19M | -140.30M | -133.07M | |
| Other Financing Activities | -180.00K | -2.84M | -2.75M | 8.07M | -5.10M | |
| Financing Cash Flow | 691.33M | 326.51M | 218.87M | -2.92B | -88.57M | |
| Net Cash Flow | -44.45M | 12.24M | -80.14M | -298.27M | 184.47M | |
| Cash Interest Paid | 223.91M | 232.79M | 243.39M | 51.89M | 10.36M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 579.34M | 596.65M | 488.88M | 429.36M | 451.92M | 866.64M |
| PE Ratio | 6.77 | 14.06 | ||||
| PS Ratio | 4.98 | 6.16 | 102.45 | -1.20 | -13.86 | |
| PB Ratio | 0.78 | 0.75 | 0.67 | 0.55 | 0.56 | 0.62 |
| P/OCF Ratio | 3.49 | 3.80 | 2.67 | 1.81 | 2.31 | 5.69 |
| Debt / Equity Ratio | 7.59 | 7.05 | 6.70 | 5.70 | 5.27 | 4.99 |
| Net Debt / Equity Ratio | 7.34 | 6.97 | 6.59 | 5.58 | 5.05 | 4.74 |
| Quick Ratio | 0.04 | 0.02 | 0.02 | 0.03 | 0.05 | 0.06 |
| Current Ratio | 0.07 | 0.04 | 0.05 | 0.05 | 0.07 | 0.09 |
| Asset Turnover | 0.02 | 0.01 | 0.00 | |||
| Return on Equity (ROE) | -3.47% | 13.25% | 7.91% | -2.00% | -36.53% | -6.50% |
| Return on Assets (ROA) | -0.42% | 1.67% | 1.09% | -0.30% | -5.95% | -1.05% |
| Earnings Yield | -8.86% | 16.98% | 12.25% | -3.69% | -89.16% | -10.38% |
| Dividend Yield | 27.12% | 16.60% | 20.20% | 18.06% | 26.55% | 13.70% |
| Payout Ratio | 105.55% | 176.13% | ||||
| Buyback Yield / Dilution | -38.15% | -24.38% | -22.01% | -29.02% | -24.16% | -58.37% |
| Total Shareholder Return | -11.03% | -7.77% | -1.81% | -10.96% | 2.40% | -44.66% |