Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 2.6B
Gross Profit 1.5B 59.04%
Operating Income 741.2M 28.30%
Net Income 455.4M 17.39%
EPS (Diluted) $0.74

Balance Sheet Metrics

Total Assets 18.7B
Total Liabilities 8.9B
Shareholders Equity 9.8B
Debt to Equity 0.91

Cash Flow Metrics

Operating Cash Flow 1.2B
Free Cash Flow 862.4M

Revenue & Profitability Trend

Invitation Homes Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue2.6B2.4B2.2B2.0B1.8B
Cost of Goods Sold1.1B976.1M874.3M777.8M739.2M
Gross Profit1.5B1.5B1.4B1.2B1.1B
Operating Expenses90.6M82.3M74.0M75.8M63.3M
Operating Income741.2M699.5M651.7M550.9M467.8M
Pre-tax Income455.4M521.0M384.8M262.8M197.4M
Income Tax-----
Net Income455.4M521.0M384.8M262.8M197.4M
EPS (Diluted)$0.74$0.85$0.63$0.45$0.35

Income Statement Trend

Invitation Homes Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets674.2M1.1B677.5M980.1M535.4M
Non-Current Assets18.0B18.1B17.9B17.6B17.0B
Total Assets18.7B19.2B18.5B18.5B17.5B
Liabilities
Current Liabilities817.7M200.6M198.4M193.6M149.3M
Non-Current Liabilities8.1B8.8B8.0B8.5B8.8B
Total Liabilities8.9B9.0B8.2B8.7B9.0B
Equity
Total Shareholders Equity9.8B10.2B10.3B9.8B8.6B

Balance Sheet Composition

Invitation Homes Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income455.4M521.0M384.8M262.8M197.4M
Operating Cash Flow1.2B1.2B1.1B908.1M775.3M
Investing Activities
Capital Expenditures-----
Investing Cash Flow-81.8M-60.2M-130.0M34.1M53.6M
Financing Activities
Dividends Paid-689.2M-638.1M-539.0M-393.8M-332.2M
Financing Cash Flow-1.1B110.0M-574.1M659.0M-466.0M
Free Cash Flow862.4M886.0M815.5M744.8M524.4M

Cash Flow Trend

Invitation Homes Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 43.62
Forward P/E 45.97
Price to Book 2.15
Price to Sales 7.96
PEG Ratio 45.97

Profitability Ratios

Profit Margin 18.23%
Operating Margin 27.61%
Return on Equity 4.81%
Return on Assets 2.37%

Financial Health

Current Ratio 2.41
Debt to Equity 83.40
Beta 0.82

Per Share Data

EPS (TTM) $0.78
Book Value per Share $15.86
Revenue per Share $4.27

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
invh20.9B43.622.154.81%18.23%83.40
AvalonBay 29.6B25.832.489.69%38.31%71.14
Equity Residential 27.0B26.362.388.90%33.11%70.33
Essex Property 19.7B27.323.3012.81%36.10%118.42
Mid-America 18.0B31.222.959.37%25.74%82.63
Sun Communities 17.0B154.142.361.72%2.31%110.55

Financial data is updated regularly. All figures are in the company's reporting currency.