Invesco DB Precious Metals Fund (DBP) Financials
Newest figures come from the 10-Q for Q3 FY2026, filed Nov 6, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the DBP SEC filings page.
Invesco DB Precious Metals Fund (DBP) reported $9.6M in revenue over the twelve months to Sep 30, 2026, up 23.4% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Reported profits surged, but this fund's statements primarily describe asset-value changes and investor flows rather than operating economics.
In FY2025, reported net income rose210.4% while total assets increased65.3% , yet operating cash flow fell61.2% . That divergence indicates the headline earnings increase did not translate proportionally into operating cash, a more useful distinction for a fund than conventional business margins.
Total assets expanded
FY2025 operating cash flow was
Financial Health Signals
We do not publish a peer-relative financial health score for Invesco DB Precious Metals Fund, because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The signals and metrics below are current.
Invesco DB Precious Metals Fund passes 4 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 3 of 4 profitability signals pass, all 1 leverage/liquidity signals pass, the one computable operating efficiency signal (asset turnover improving) does not pass.
For every $1 of reported earnings, Invesco DB Precious Metals Fund generates $0.10 in operating cash flow ($10.9M OCF vs $112.6M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Invesco DB Precious Metals Fund earns $468.68 in operating income for every $1 of interest expense ($6.5M vs $14K). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Invesco DB Precious Metals Fund generated $2.1M in revenue in Q3 2026. This represents an increase of 3.6% from the same quarter a year earlier. Against the prior quarter it is down 23.1%.
Invesco DB Precious Metals Fund reported $6.3M in net income in Q3 2026. This represents a decrease of 81.9% from the same quarter a year earlier. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Not reported for Q3 2026.
Not reported for Q3 2026.
Cash & Balance Sheet
Invesco DB Precious Metals Fund held $0 in cash as of Q3 2026; no long-term debt figure is on record for that period.
Not reported for Q3 2026.
Not reported for Q3 2026.
Margins & Returns
Invesco DB Precious Metals Fund's operating margin was 80.6% in Q3 2026, reflecting core business profitability. This is down 2.6 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.6 percentage points.
Invesco DB Precious Metals Fund's quarterly ROE was 2.9% in Q3 2026: one quarter's net income over shareholder equity, not annualized. This is down 12.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 20.4 percentage points.
Not reported for Q3 2026.
Not shown for Q3 2026: the reported ratio is above 100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
Invesco DB Precious Metals Fund spent $37.4M on share buybacks in Q3 2026, returning capital to shareholders by reducing shares outstanding. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. Against the prior quarter it is up 227.3%.
Not reported for Q3 2026.
Not reported for Q3 2026.
DBP Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.1M+3.6% | $2.7M+42.1% | $2.5M+46.4% | $2.2M+6.3% | $2.0M-8.2% | $1.9M-3.3% | $1.7M-5.5% | $2.1M+8.4% |
| Operating Income | $1.7M+0.5% | $2.2M+40.6% | $2.0M+41.1% | $1.8M+1.6% | $1.7M-11.2% | $1.6M-6.9% | $1.4M-9.6% | $1.8M+6.3% |
| EBITDA | N/A | N/A | N/A | $1.8M+66.3% | $1.7M+44.0% | $1.2M+22.6% | $844K-2.5% | $1.1M+17.7% |
| Interest Expense | $24K+805.9% | $31K+1095.1% | $4K-19.1% | $3K-70.8% | $3K-85.2% | $3K-80.9% | $5K-27.6% | $11K+66.9% |
| Net Income | $6.3M-81.9% | -$42.3M-581.4% | $15.2M-44.4% | $42.0Mn/m | $34.4M+90.8% | $8.8M-19.1% | $27.3M+201.0% | -$1.7M-113.0% |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Income Tax, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
DBP Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $219.6M-0.9% | $241.2M+28.7% | $279.2M+37.3% | $257.7M+65.3% | $221.6M+23.1% | $187.3M+20.8% | $203.3M+38.4% | $155.9M+4.9% |
| Cash & Equivalents | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Total Liabilities | $125K+2.5% | $138K-52.7% | $176K+56.8% | $150K-85.8% | $122K-87.6% | $292K+219.6% | $112K+26.1% | $1.1M-1.9% |
| Total Equity | $219.4M-0.9% | $241.0M+28.9% | $279.0M+37.3% | $257.5M+66.3% | $221.5M+23.7% | $187.0M+20.7% | $203.2M+38.4% | $154.8M+5.0% |
Not reported in any period shown, so not listed: Current Assets, Short-Term Investments, Inventory, Accounts Receivable, Long-Term Investments, Goodwill, Current Liabilities, Non-Current Liabilities, Long-Term Debt, Retained Earnings.
DBP Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $27.8Mn/m | -$4.3M-117.4% | -$6.2Mn/m | $6.0M-72.2% | $0n/m | $24.9M+828.1% | -$20.0M-305.8% | $21.5M+1924.4% |
| Depreciation & Amortization | N/A | N/A | N/A | $0n/m | $0n/m | -$390Kn/m | -$595Kn/m | -$689Kn/m |
| Financing Cash Flow | -$27.8Mn/m | $4.3Mn/m | $6.2M-68.9% | -$6.0Mn/m | $0-100.0% | -$24.9Mn/m | $20.0Mn/m | -$21.5Mn/m |
| Share Buybacks | $37.4Mn/m | $11.4M-64.9% | $17.1M+154.9% | $9.8M-65.8% | $0-100.0% | $32.5M+185.0% | $6.7M-31.1% | $28.7M+98.3% |
Not reported in any period shown, so not listed: Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Dividends Paid.
DBP Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | 80.6%-2.6pp | 82.2%-0.9pp | 79.8%-3.0pp | 81.0%-3.8pp | 83.1%-2.8pp | 83.0%-3.2pp | 82.8%-3.7pp | 84.8%-1.7pp |
| Net Margin | 299.4% | -1557.6% | 597.5% | 1892.6% | 1709.7% | 459.8% | 1573.2% | -81.8% |
| Return on Equity | 2.9%-12.7pp | -17.5%-22.2pp | 5.5%-8.0pp | 16.3%+17.4pp | 15.6%+5.5pp | 4.7%-2.3pp | 13.5%+7.3pp | -1.1%-10.0pp |
| Return on Assets | 2.9%-12.7pp | -17.5%-22.2pp | 5.5%-8.0pp | 16.3%+17.4pp | 15.5%+5.5pp | 4.7%-2.3pp | 13.5%+7.3pp | -1.1%-9.9pp |
| Liabilities-to-Equity | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.010.0x |
| Asset Turnover | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x |
Not reported in any period shown, so not listed: Gross Margin, Current Ratio, Debt-to-Equity, FCF Margin.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Net Margin.
Where Invesco DB Precious Metals Fund Ranks
Frequently Asked Questions
Invesco DB Precious Metals Fund (DBP) reported $7.9M in total revenue for fiscal year 2025. This represents a -2.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Invesco DB Precious Metals Fund (DBP) revenue declined by 2.7% year-over-year, from $8.1M to $7.9M in fiscal year 2025.
Yes, Invesco DB Precious Metals Fund (DBP) reported a net income of $21.2M over the trailing 12 months to September 30, 2026. In fiscal year 2025 it reported a net income of $112.6M.
Invesco DB Precious Metals Fund (DBP) had EBITDA of $5.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
Invesco DB Precious Metals Fund (DBP) had an operating margin of 82.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
Invesco DB Precious Metals Fund (DBP) has a return on equity of 43.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
Invesco DB Precious Metals Fund (DBP) generated $10.9M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
Invesco DB Precious Metals Fund (DBP) had $257.7M in total assets as of fiscal year 2025, including both current and long-term assets.
Invesco DB Precious Metals Fund (DBP) had a liabilities-to-equity ratio of 0.00 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2025, because the filing data we hold for that year carries no long-term debt figure.
Invesco DB Precious Metals Fund (DBP) had a return on assets of 43.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Invesco DB Precious Metals Fund (DBP) has a Piotroski F-Score of 4 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Invesco DB Precious Metals Fund (DBP) has an earnings quality ratio of 0.10x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Invesco DB Precious Metals Fund (DBP) has an interest coverage ratio of 468.68x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.