Invitation Homes (INVH) financials
Invitation Homes revenue and earnings by year
Invitation Homes's revenue was $2.73 billion in the fiscal year to December 31, 2025, up 4.2% from the year before. Net income was $588 million, 21.5% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 12.8% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.73 | 2.62 | 2.43 | 2.24 | 2.00 | 1.82 | 1.76 | 1.72 | 1.05 | 0.92 |
| Revenue growth | 4.2% | 7.7% | 8.7% | 12.1% | 9.5% | 3.3% | 2.4% | 63.4% | 14.3% | — |
| Operating income | 0.96 | 0.90 | 0.87 | 0.71 | 0.60 | 0.52 | 0.50 | 0.37 | 0.15 | 0.21 |
| Operating margin | 35.1% | 34.5% | 36.0% | 31.9% | 30.2% | 28.6% | 28.5% | 21.6% | 14.4% | 22.7% |
| Net income | 0.59 | 0.45 | 0.52 | 0.38 | 0.26 | 0.20 | 0.15 | -0.00 | -0.11 | -0.08 |
| Net margin | 21.5% | 17.3% | 21.4% | 17.1% | 13.1% | 10.8% | 8.2% | -0.3% | -10.0% | -8.5% |
| Diluted EPS | $0.96 | $0.74 | $0.85 | $0.63 | $0.45 | $0.35 | $0.27 | -$0.01 | -$0.24 | — |
| Free cash flow | 0.66 | 0.68 | 0.38 | 0.33 | -0.29 | 0.22 | 0.61 | 0.51 | 0.14 | 0.01 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open INVH in Markets.
See also: INVH valuation and P/E history · INVH returns
No forecast, no recommendation. This page describes Invitation Homes from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.