Invitation Homes revenue and financials
$26.39Change from previous close: +1.27%Absolute change: +$0.33
In the fiscal year ended December 2025, Invitation Homes reported revenue of $2.73B (+4.21% year over year). Net income was $587.92M, a net margin of 21.5%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +4.21%
- 2025 vs 2024
- Net income growth
- +29.52%
- 2025 vs 2024
- Net margin
- 21.5%
- 2024: 17.3%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 1,206 | 1,082 | 1,107 | 1,024 | 908 | 697 | 662 | 561 | 263 | 256 |
| Depreciation and amortization | 747 | 714 | 674 | 638 | 592 | 553 | 534 | 561 | 310 | 268 |
| Capital expenditure | -243 | -219 | -221 | -208 | — | — | — | -4.0 | -4.1 | -3.9 |
| Investing cash flow | -653 | -466 | -774 | -814 | -1,160 | — | — | — | — | — |
| Financing cash flow | -618 | -1,094 | 110 | -574 | — | — | — | — | — | — |
| Dividends paid | -713 | -689 | -638 | -539 | -394 | -332 | -277 | -230 | -69.0 | 0.0 |
| Share repurchases | -53.2 | 0.0 | 0.0 | -12.9 | -9.4 | — | — | — | — | — |
| Debt issued | 1,142 | 2,994 | 940 | 1,453 | 2,338 | — | — | — | — | — |
| Debt repaid | -974 | -3,326 | -171 | -1,542 | -2,167 | — | — | — | — | — |
| Net change in cash | -64.8 | -478 | 444 | -365 | 407 | — | — | — | — | — |
| Free cash flow | 963 | 862 | 886 | 816 | — | — | — | — | — | — |
| Levered free cash flow | 1,087 | 972 | 913 | 855 | 777 | — | — | — | — | — |