Invitation Homes financials
$26.57+0.11%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.73B | $2.62B | $2.43B | $2.23B | $2.00B | $1.82B | $1.76B | $1.72B | $1.05B |
| Gross profit | $1.74B | $1.68B | $1.55B | $1.44B | $1.29B | $1.14B | $1.09B | $1.07B | $663.0M |
| Gross margin | 63.9% | 64.3% | 63.8% | 64.7% | 64.6% | 62.7% | 62.0% | 62.0% | 62.9% |
| Operating income | $741.0M | $658.3M | $690.9M | $611.5M | $542.2M | $467.1M | $406.3M | $321.9M | $118.2M |
| Net income | $587.0M | $453.2M | $518.8M | $382.7M | $261.1M | $195.8M | $145.1M | -$5.7M | -$105.3M |
| Net margin | 21.5% | 17.3% | 21.3% | 17.2% | 13.1% | 10.7% | 8.2% | −0.3% | −10.0% |
| Diluted EPS | $0.96 | $0.74 | $0.85 | $0.63 | $0.45 | $0.35 | $0.27 | $-0.01 | $-105337.00 |
| EBITDA | $1.50B | $1.46B | $1.37B | $1.28B | $1.14B | $1.02B | $969.4M | $914.6M | $142.3M |
| Operating cash flow | $1.21B | $1.08B | $1.11B | $1.02B | $907.7M | $696.7M | $662.1M | $561.2M | $263.0M |
| Free cash flow | $914.9M | $831.8M | $855.8M | $693.1M | $667.4M | $425.7M | $440.4M | $373.8M | $161.9M |
| Diluted shares | 613.2M | 613.6M | 613.3M | 611.1M | 579.2M | 555.5M | 532.5M | 520.4M | 0.0M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $130.0M | $174.5M | $700.6M | $262.9M | $610.2M | $213.4M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $8.38B | $8.20B | $8.55B | $7.77B | $8.00B | $8.03B |
| Total assets | $18.68B | $18.70B | $19.22B | $18.54B | $18.54B | $17.51B |
| Total liabilities | $9.11B | $8.91B | $9.03B | $8.21B | $8.70B | $8.95B |
| Shareholders' equity | $9.57B | $9.79B | $10.19B | $10.32B | $9.84B | $8.56B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology