Invitation Homes Inc. INVH

Latest FY: 2025 Real Estate REIT - Residential
Market Price $30.29
Market Cap $18.00B
P/E Ratio 31.55
Quick Peer Compare (Real Estate):
Revenue (FY 2025) ↑4.2% YoY
$2.73B
3-Yr CAGR: 6.8%
Net Income ↑29.5% YoY
$587.92M
Net Margin: 21.5%
Free Cash Flow ↑11.7% YoY
$963.48M
FCF Yield: 5.35%
EPS (Diluted) ↑29.7% YoY
$0.96
Basic: $0.96
Return on Equity Efficiency
6.2%
ROA: 3.1%

📊 Multi-Year Historical Performance & Trends

Financial Performance History Revenue, Net Income & Free Cash Flow
Margins Trend (%) Gross, Operating & Net Margins
Balance Sheet Strength Cash, Debt & Equity
Cash Flow Generation Operating Cash Flow vs CapEx vs FCF

📈 Year-over-Year (YoY) Growth History (INVH)

All monetary values in millions ($M)
Fiscal Year Revenue Revenue YoY Gross Profit Net Income Net Inc YoY Diluted EPS EPS YoY Op. Cash Flow Free Cash Flow FCF YoY
FY 2016 $922.6M $636.5M $-78.2M $250.1M $246.3M
FY 2017 $1,054.5M +14.3% $797.5M $-105.3M -34.6% $-0.26 $259.8M $255.7M +3.8%
FY 2018 $1,723.0M +63.4% $1,339.4M $-4.9M +95.3% $-0.01 +96.2% $561.2M
FY 2019 $444.3M -74.2% $77.1M $145.5M +3,052.4% $0.27 +2,800.0% $662.1M
FY 2020 $1,822.8M +310.3% $1,468.9M $196.2M +34.9% $0.35 +29.6% $696.7M
FY 2021 $1,996.6M +9.5% $1,674.0M $261.4M +33.2% $0.45 +28.6% $907.7M
FY 2022 $2,238.1M +12.1% $1,934.0M $383.3M +46.6% $0.63 +40.0% $1,023.6M $815.5M
FY 2023 $2,432.3M +8.7% $2,098.8M $519.5M +35.5% $0.85 +34.9% $1,107.1M $886.0M +8.6%
FY 2024 $2,618.9M +7.7% $2,252.9M $453.9M -12.6% $0.74 -12.9% $1,081.8M $862.4M -2.7%
FY 2025 $2,729.3M +4.2% $2,376.0M $587.9M +29.5% $0.96 +29.7% $1,206.2M $963.5M +11.7%
$

Valuation

Market Price $30.29
Market Cap $18.00B
Enterprise Value $26.25B
P/E Ratio 31.55
P/B Ratio 1.89
FCF Yield 5.35%
Dividend Yield 3.86%
Shares Outstanding 594,042,000
%

Profitability & Margins

Gross Margin 87.05%
Operating Margin 0.16%
Net Margin 21.54%
Return on Equity (ROE) 6.17%
Return on Assets (ROA) 3.15%
Asset Turnover 0.15x
Revenue 3-Yr CAGR 6.84%
🛡️

Financial Health & Liquidity

Current Ratio N/A
Cash Ratio N/A
Debt / Equity 0.879
Debt / Assets 0.449
Cash & Equivalents $129.97M
Total Debt $8.38B
Book Value / Share $16.04
💧

Cash Flow Efficiency

Operating Cash Flow $1.21B
Capital Expenditures (CapEx) $242.75M
Free Cash Flow $963.48M
OCF / Revenue 44.20%
FCF / Revenue 35.30%
FCF 3-Yr CAGR 5.71%
🏷️

Per Share Metrics

EPS (Diluted) $0.96
EPS (Basic) $0.96
Dividends / Share $1.17
Book Value / Share $16.04
EPS YoY Growth 29.73%
🏛️

Balance Sheet (FY 2025)

Total Assets $18.68B
Total Liabilities $9.11B
Stockholders' Equity $9.53B
Current Assets N/A
Current Liabilities N/A