INVH
Invitation Homes Inc.Stock · Real EstateUS REITs 0.9% · S&P 500 Equal Weight 0.2% · Russell 1000 0.03% · S&P 500 0.03% · Russell 3000 0.03% · US Stock Market 0.02% · MSCI World 0.02% · MSCI ACWI 0.02%$26.91-0.88%
as of market close, Sep 18, 2026
☾ AH — —
INVH financial statements
The full income statement, balance sheet, and cash-flow statement for Invitation Homes Inc. (INVH), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 612.6M2024-09 612.6M2024-12 612.7M2025-03 612.9M2025-06 613.0M2025-09 613.0M2025-12 609.4M2026-03 594.0M2026-06 590.6M-3.6% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 2.73B+4.2% | 2.62B+7.7% | 2.43B+8.7% | 2.24B+12.1% | 2.00B+9.5% | ||
| Lease income | 2.64B+3.6% | 2.55B+5.4% | 2.42B+8.6% | 2.23B+11.8% | 1.99B+9.3% | |
| Selling, general & administrative | 95.3M+5.1% | 90.6M+10.0% | 82.3M+11.2% | 74.0M-2.4% | 75.8M+19.8% | |
| General & administrative | 95.3M+5.1% | 90.6M+10.0% | 82.3M+11.2% | 74.0M-2.4% | 75.8M+19.8% | |
| Interest expense | — | — | 333M+9.7% | 304M-5.8% | 323M-8.8% | |
| Other non-operating income | -4.34M+91.8% | -53.0M-2441.3% | -2.08M+81.5% | -11.3M-93.0% | -5.83M-6684.9% | |
| Equity-method income | -11.6M+59.2% | -28.4M-59.1% | -17.9M-86.1% | -9.61M-521.3% | -1.55M | |
| Gain (loss) on equity securities | 318K-69.6% | 1.05M+198.9% | 350K+108.9% | -3.94M+58.2% | -9.42M-131.7% | |
| Income tax | — | — | 253K+68.7% | 150K-72.8% | 551K-36.7% | |
| 588M+29.5% | 454M-12.6% | 519M+35.5% | 383M+46.6% | 261M+33.2% | ||
| Net income to non-controlling interest | 1.99M+37.1% | 1.45M-7.1% | 1.56M+6.0% | 1.47M+8.8% | 1.35M+9.2% | |
| Net income to common | 587M+29.5% | 453M-12.6% | 519M+35.6% | 383M+46.6% | 261M+33.4% | |
| $0.96+29.7% | $0.74-12.9% | $0.85+34.9% | $0.63+40.0% | $0.45+28.6% | ||
| EPS (basic) | $0.96+29.7% | $0.74-12.9% | $0.85+34.9% | $0.63+40.0% | $0.45+28.6% | |
| Weighted-avg shares (basic) | 613M+0.1% | 613M+0.1% | 612M+0.3% | 610M+5.6% | 578M+4.3% | |
| Weighted-avg shares (diluted) | 613M-0.1% | 614M+0.1% | 613M+0.4% | 611M+5.5% | 579M+4.3% | |
| Dividends per share | $1.17-17.0% | $1.41+35.6% | $1.04+18.2% | $0.88+29.4% | $0.68+13.3% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Cash & equivalents | 130M-25.5% | 174M-75.1% | 701M+166.5% | 263M-56.9% | 610M+185.9% | |
| 18.7B-0.1% | 18.7B-2.7% | 19.2B+3.7% | 18.5B-0.0% | 18.5B+5.9% | ||
| Property, plant & equipment | 56.6M+32.6% | 42.7M+35.7% | 31.5M+28.5% | 24.5M+47.5% | 16.6M+66.0% | |
| Operating lease right-of-use | 32.1M+62.5% | 19.8M+114.1% | 9.24M-28.2% | 12.9M+17.4% | 11.0M-15.3% | |
| Goodwill | 258M+0.0% | 258M+0.0% | 258M+0.0% | 258M+0.0% | 258M+0.0% | |
| Intangible assets | 19.4M | — | — | — | — | |
| 9.11B+2.3% | 8.91B-1.4% | 9.03B+10.0% | 8.21B-5.6% | 8.70B-2.8% | ||
| Long-term debt | 8.38B+2.2% | 8.20B-4.0% | 8.55B+10.0% | 7.77B-2.9% | 8.00B-0.4% | |
| Operating lease liability (total) | 35.5M+62.0% | 21.9M+97.4% | 11.1M-25.6% | 14.9M+12.6% | 13.3M | |
| Finance lease liability (total) | 13.5M+56.5% | 8.64M+127.5% | 3.80M+9.0% | 3.48M-39.8% | 5.78M-31.1% | |
| 9.53B-2.3% | 9.76B-3.9% | 10.2B-1.3% | 10.3B+5.0% | 9.80B+15.2% | ||
| Additional paid-in capital | 11.1B-0.4% | 11.2B+0.1% | 11.2B+0.2% | 11.1B+2.4% | 10.9B+12.0% | |
| Retained earnings | -1.61B-8.8% | -1.48B-38.3% | -1.07B-12.5% | -951M-19.7% | -795M-20.2% | |
| Accumulated other comprehensive income | 6.42M-89.5% | 61.0M-4.3% | 63.7M-35.0% | 98.0M+134.1% | -287M+47.5% | |
| Non-controlling interest | 37.8M+5.6% | 35.7M+3.7% | 34.5M+6.7% | 32.3M-21.4% | 41.1M-19.9% | |
| Total equity incl. non-controlling | 9.57B-2.3% | 9.79B-3.9% | 10.2B-1.3% | 10.3B+4.9% | 9.84B+15.0% | |
| Total liabilities & equity | 18.7B-0.1% | 18.7B-2.7% | 19.2B+3.7% | 18.5B-0.0% | 18.5B+5.9% | |
| Common shares outstanding | 611M-0.3% | 613M+0.1% | 612M+0.1% | 611M+1.7% | 601M+6.0% | |
| Shares outstanding (cover) | 609M-0.5% | 613M+0.1% | 612M+0.1% | 611M+0.6% | 608M+7.1% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 1.21B+11.5% | 1.08B-2.3% | 1.11B+8.2% | 1.02B+12.8% | 908M+30.3% | ||
| Depreciation & amortization | 747M+4.6% | 714M+5.9% | 674M+5.7% | 638M+7.8% | 592M+7.2% | |
| Share-based compensation | 27.8M-0.3% | 27.9M-5.4% | 29.5M+1.9% | 29.0M+6.6% | 27.2M+59.0% | |
| -653M-40.1% | -466M+39.8% | -774M+5.0% | -814M+29.8% | -1.16B-172.7% | ||
| Capital expenditure | 243M+10.6% | 219M-0.8% | 221M+6.3% | 208M+27.8% | 163M-5.5% | |
| Free cash flow | 963M+11.7% | 862M-2.7% | 886M+8.6% | 816M+9.5% | 745M+42.0% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other investing activities | 77.5M+19.1% | 65.1M+140.5% | 27.1M+19.2% | 22.7M+83.6% | 12.4M+465.2% | |
| -618M+43.5% | -1.09B-1094.1% | 110M+119.2% | -574M-187.1% | 659M+551.3% | ||
| Long-term debt issued | 597M+20.8% | 494M-37.4% | 790M+32.0% | 598M-69.1% | 1.94B | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00-100.0% | 98.4M-89.5% | 934M+36.0% | |
| Common stock repurchased | 53.2M | 0.00 | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 713M+3.4% | 689M+8.0% | 638M+18.4% | 539M+36.9% | 394M+18.6% | |
| Other financing activities | -3.35M+26.2% | -4.54M-52.5% | -2.98M+81.7% | -16.3M+31.0% | -23.7M-32.1% | |
| Net change in cash | -64.8M+86.4% | -478M-207.7% | 444M+221.5% | -365M-189.6% | 407M+224.3% | |
| Interest paid | 323M+0.5% | 321M+10.6% | 291M+5.4% | 276M-3.4% | 286M-8.8% | |
| Income taxes paid | 84.0K-46.8% | 158K-35.5% | 245K-84.0% | 1.53M+89.6% | 809K-37.0% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 16.9B-13.5% | 19.6B-6.2% | 20.9B+15.2% | 18.1B-34.2% | 27.6B+63.5% | |
| P/E | 28.8×-33.2% | 43.2×+1.4% | 42.6×-16.1% | 50.7×-51.9% | 105.4×+22.7% | |
| P/S | 6.2×-17.0% | 7.5×-14.4% | 8.7×+5.1% | 8.3×-39.7% | 13.8×+49.3% | |
| P/B | 1.8×-11.5% | 2.0×-1.6% | 2.0×+16.1% | 1.8×-37.5% | 2.8×+42.0% | |
| P/FCF | 17.6×-22.6% | 22.7×+0.2% | 22.7×+4.1% | 21.8×-41.1% | 37.0×+15.1% | |
| Earnings yield | 3.5%+49.8% | 2.3%-1.4% | 2.3%+19.2% | 2.0%+107.8% | 0.95%-18.5% | |
| FCF yield | 5.7%+29.2% | 4.4%-0.2% | 4.4%-3.9% | 4.6%+69.8% | 2.7%-13.2% | |
| Dividend yield | 4.2%-4.5% | 4.4%+44.7% | 3.0%+2.7% | 3.0%+98.0% | 1.5%-25.8% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: INVH’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all INVH filings on SEC EDGAR → Not investment advice.