Invitation Homes Inc. (INVH) — Financial statements
Income statement, balance sheet, and cash flow for Invitation Homes Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 2,729↑4.2% | 2,619↑7.7% | 2,432↑8.7% | 2,238↑12.1% | 1,997 | |
| Cost of Revenue | 2,629↑145.0% | 1,073↑9.9% | 976↑11.7% | 874↑12.4% | 778 | |
| Gross Profit | 101↓93.5% | 1,546↑6.2% | 1,456↑6.8% | 1,364↑11.9% | 1,219 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 95↑5.1% | 91↑10.0% | 82↑11.2% | 74↓2.4% | 76 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 95↑5.1% | 91↑10.0% | 82↑11.2% | 74↓2.4% | 76 | |
| Other Expenses | -735↓203.0% | 714↑5.9% | 674↑5.7% | 638↑7.8% | 592 | |
| Operating Expenses | -640↓179.5% | 805↑6.4% | 757↑6.2% | 712↑6.6% | 668 | |
| Total Costs & Expenses | 1,988↑5.9% | 1,878↑8.4% | 1,733↑9.2% | 1,586↑9.7% | 1,446 | |
| Operating Results | ||||||
| Operating Income | 741↓0.0% | 741↑6.0% | 700↑7.3% | 652↑18.3% | 551 | |
| Depreciation & Amortization | 747↑4.6% | 714↑5.9% | 674↑5.7% | 638↑7.8% | 592 | |
| EBITDA | 1,472↓4.2% | 1,536↑0.5% | 1,529↑15.2% | 1,327↑12.7% | 1,178 | |
| EBIT | 725↓11.7% | 821↓3.9% | 854↑24.0% | 689↑17.7% | 585 | |
| Interest & Other Income | ||||||
| Net Interest Income | -353↑3.5% | -366↓9.8% | -333↓9.7% | -304↑5.8% | -323 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 353↓3.5% | 366↑9.8% | 333↑9.7% | 304↓5.8% | 323 | |
| Non-Operating Income | 16↑119.9% | -80↑48.3% | -155↓316.7% | -37↓7.7% | -35 | |
| Other Income / Expenses | -369↓29.2% | -286↓60.2% | -178↑33.1% | -267↑7.4% | -288 | |
| Income Before Tax | 372↓18.4% | 455↓12.6% | 521↑35.4% | 385↑46.4% | 263 | |
| Income Tax Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 372↓18.4% | 455↓12.6% | 521↑35.4% | 385↑46.4% | 263 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 588↑29.5% | 454↓12.6% | 519↑35.5% | 383↑46.6% | 261 | |
| Bottom-Line Net Income | 587↑29.5% | 453↓12.6% | 519↑35.6% | 383↑46.6% | 261 | |
| EPS (Basic) | 0.96↑29.7% | 0.74↓12.9% | 0.85↑34.9% | 0.63↑40.0% | 0.45 | |
| EPS (Diluted) | 0.96↑29.7% | 0.74↓12.9% | 0.85↑34.9% | 0.63↑40.0% | 0.45 | |
| Weighted Average Shares | 613↑0.1% | 613↑0.1% | 612↑0.3% | 610↑5.6% | 578 | |
| Weighted Average Diluted Shares | 613↓0.1% | 614↑0.1% | 613↑0.4% | 611↑5.5% | 579 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.