Invitation Homes (INVH)

NYSE Real Estate Single-Family Residential REITs S&P 500
$27.10
-0.46 (-1.67%)
Close of Nov 06, 2026 · end-of-day data
Source: Invitation Homes's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$44.60M$1.05B$1.72B$1.76B$1.82B$2.00B$2.24B$2.43B$2.62B$2.73B
Operating income$190.78M$118.21M————————
Interest expense$286.05M$256.97M$383.60M$367.17M$353.92M$322.66M$304.09M$333.46M——
Income tax——$1.24M$2.49M$870.00K$551.00K$150.00K$253.00K——
Net income-$78.24M-$105.34M-$4.93M$145.46M$196.21M$261.43M$383.33M$519.47M$453.92M$587.92M
EBITDA$458.46M$427.79M————————
EPS (basic)——$-0.01$0.27$0.35$0.45$0.63$0.85$0.74$0.96
EPS (diluted)——$-0.01$0.27$0.35$0.45$0.63$0.85$0.74$0.96
Diluted shares——520.38M532.50M555.46M579.21M611.11M613.29M613.63M613.18M
Operating margin427.8%11.2%————————
Net margin-175.4%-10.0%-0.3%8.2%10.8%13.1%17.1%21.4%17.3%21.5%

Balance sheet

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$198.12M$179.88M$144.94M$92.26M$213.42M$610.17M$262.87M$700.62M$174.49M$129.97M
Goodwill$0$258.21M$258.21M$258.21M$258.21M$258.21M$258.21M$258.21M$258.21M$258.21M
Total assets$9.73B$18.68B$18.06B$17.39B$17.51B$18.54B$18.54B$19.22B$18.70B$18.68B
Long-term debt—$9.65B$9.25B$8.47B$8.03B$8.00B$7.77B$8.55B$8.20B$8.38B
Total debt—$9.65B$9.25B$8.47B$8.03B$8.00B$7.77B$8.55B$8.20B$8.38B
Total liabilities$7.77B$10.03B$9.69B$9.13B$8.95B$8.70B$8.21B$9.03B$8.91B$9.11B
Shareholders' equity$1.96B$8.50B$8.23B$8.21B$8.50B$9.80B$10.29B$10.16B$9.76B$9.53B

Cash flow

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$256.05M$262.97M$561.24M$662.13M$696.71M$907.66M$1.02B$1.11B$1.08B$1.21B
Capital expenditures$3.86M$4.09M$4.03M$57.44M$98.77M$77.41M$122.37M$30.21M$30.61M$28.33M
Free cash flow$252.20M$258.88M$557.21M$604.69M$597.94M$830.25M$901.22M$1.08B$1.05B$1.18B
Investing cash flow-$258.05M$64.69M$62.99M$102.23M-$425.16M-$1.16B-$814.41M-$773.55M-$465.87M-$652.57M
Financing cash flow-$71.79M-$331.31M-$680.80M-$838.10M-$146.03M$658.99M-$574.11M$110.02M-$1.09B-$618.49M
Dividends paid$0$69.00M$230.07M$276.68M$332.15M$393.81M$539.03M$638.13M$689.24M$712.84M
Share buybacks———————$0$0$53.21M
Stock-based compensation$10.21M$81.20M$29.50M$18.16M$17.09M$27.17M$28.96M$29.50M$27.92M$27.83M
Depreciation & amortization$267.68M$309.58M$560.54M$533.72M$552.53M$592.13M$638.11M$674.29M$714.33M$746.93M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.