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 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 384 | 293 | 129 | 395 | 382 | 301 | 133 | 314 | 370 | 266 | 87.5 | 421 |
| Depreciation and amortization | 194 | 193 | 190 | 188 | 186 | 184 | 182 | 180 | 177 | 175 | 173 | 171 |
| Capital expenditure | -54.3 | -57.0 | -58.8 | -73.1 | -60.0 | — | — | — | — | — | — | — |
| Investing cash flow | 133 | -52.3 | -81.6 | -154 | -303 | -114 | 26.8 | -292 | -175 | -24.9 | -4.0 | -678 |
| Financing cash flow | -563 | -223 | -87.9 | -129 | -115 | — | — | — | — | — | — | — |
| Dividends paid | -179 | -185 | -178 | -178 | -179 | -178 | -173 | -172 | -172 | -173 | -159 | -159 |
| Share repurchases | -101 | -451 | -53.2 | -0.2 | -0.7 | -4.8 | — | -0.3 | -0.7 | -9.9 | — | -0.0 |
| Debt issued | 120 | 415 | 145 | 727 | 170 | 100 | — | 2,994 | — | — | — | 940 |
| Debt repaid | -400 | 0.0 | 0.0 | -670 | -101 | -203 | -811 | -2,504 | -4.7 | -5.8 | -5.3 | -155 |
| Net change in cash | -45.7 | 18.1 | -40.8 | 112 | -34.9 | -101 | -826 | 282 | 15.8 | 49.9 | -82.4 | 360 |
| Free cash flow | 329 | 236 | 69.9 | 322 | 323 | — | — | — | — | — | — | — |
| Levered free cash flow | 333 | 379 | 107 | 351 | 186 | 445 | 104 | 251 | 356 | 261 | 74.6 | 392 |