Invitation Homes Inc. (INVH) quarterly income statement — complete revenue, gross profit & net income history
Invitation Homes Inc. (INVH) annual income statement — 12-year revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Revenue | 731.28M | 747.55M | 734.11M | 685.25M | 688.17M | 681.4M | 674.48M | 659.13M | 660.32M | 653.45M | 646.04M | 624.32M | 617.7M | 600.37M | 589.89M | 579.84M | 568.67M | 557.3M | 532.31M | 520.23M |
| Revenue Growth % | 6.26% | 9.71% | 8.84% | 3.96% | 4.22% | 4.28% | 4.4% | 5.58% | 6.9% | 8.84% | 9.52% | 7.67% | 8.62% | 7.73% | 10.82% | 11.46% | 11.61% | 13.36% | 12.01% | 12.09% |
| Property Operating Expenses | 335.33M | 335.65M | 329.59M | 664.06M | 259.04M | 280.11M | 274.19M | 267.7M | 276.61M | 266.82M | 261.63M | 253.79M | 252.89M | 237.39M | 232.08M | 232.38M | 226.17M | 212.49M | 203.24M | 198.06M |
| Net Operating Income (NOI) | 395.95M | 411.9M | 404.52M | 21.19M | 429.13M | 401.29M | 400.29M | 391.43M | 383.71M | 386.63M | 384.4M | 370.53M | 364.81M | 362.98M | 357.81M | 347.45M | 342.5M | 344.81M | 329.07M | 322.17M |
| NOI Margin % | 54.14% | 55.1% | 55.1% | 3.09% | 62.36% | 58.89% | 59.35% | 59.39% | 58.11% | 59.17% | 59.5% | 59.35% | 59.06% | 60.46% | 60.66% | 59.92% | 60.23% | 61.87% | 61.82% | 61.93% |
| Operating Expenses | 236.79M | 227.87M | 325.12M | -165.87M | 18.44M | 209.05M | 212.66M | 205.85M | 202.21M | 198.12M | 198.76M | 195.55M | 193.41M | 185.55M | 182.13M | 180.24M | 180.55M | 177.91M | 173.44M | 171.33M |
| G&A Expenses | 34.23M | 29.33M | 32.32M | 23.7M | 18.44M | 23.59M | 29.52M | 23.94M | 21.73M | 21.5M | 23.45M | 22.39M | 22.71M | 19.79M | 17.45M | 16.92M | 20.12M | 19.34M | 17.64M | 19.67M |
| EBITDA | 354.91M | 378.33M | 272.54M | 376.93M | 599.14M | 377.7M | 370.77M | 367.49M | 361.99M | 365.14M | 360.96M | 348.15M | 342.09M | 343.19M | 340.36M | 330.53M | 322.38M | 325.46M | 311.44M | 302.5M |
| EBITDA Margin % | 48.53% | 50.61% | 37.13% | 55.01% | 87.06% | 55.43% | 54.97% | 55.75% | 54.82% | 55.88% | 55.87% | 55.76% | 55.38% | 57.16% | 57.7% | 57% | 56.69% | 58.4% | 58.51% | 58.15% |
| Depreciation & Amortization | 195.75M | 194.3M | 193.14M | 189.88M | 188.46M | 185.46M | 183.15M | 181.91M | 180.48M | 176.62M | 175.31M | 173.16M | 170.7M | 165.76M | 164.67M | 163.32M | 160.43M | 158.57M | 155.8M | 151.66M |
| D&A / Revenue % | 26.77% | 25.99% | 26.31% | 27.71% | 27.39% | 27.22% | 27.15% | 27.6% | 27.33% | 27.03% | 27.14% | 27.74% | 27.63% | 27.61% | 27.92% | 28.17% | 28.21% | 28.45% | 29.27% | 29.15% |
| Operating Income | 159.16M | 184.03M | 79.4M | 187.06M | 410.69M | 192.24M | 187.63M | 185.58M | 181.51M | 188.51M | 185.64M | 174.99M | 171.4M | 177.43M | 175.68M | 167.21M | 161.95M | 166.89M | 155.64M | 150.84M |
| Operating Margin % | 21.76% | 24.62% | 10.82% | 27.3% | 59.68% | 28.21% | 27.82% | 28.15% | 27.49% | 28.85% | 28.74% | 28.03% | 27.75% | 29.55% | 29.78% | 28.84% | 28.48% | 29.95% | 29.24% | 29% |
| Interest Expense | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Interest Coverage | 2.73x | 3.34x | 2.69x | 2.00x | 2.51x | 2.62x | 2.97x | 2.51x | 2.05x | 1.82x | 2.59x | 2.44x | 2.52x | 2.76x | 2.55x | 2.29x | 2.04x | 2.49x | 2.25x | 1.95x |
| Non-Operating Income | -91.97M | -129.61M | -176.98M | 5.59M | 183.17M | -36.54M | -62.91M | -53.15M | -5.13M | 25.08M | -46.99M | -45M | -47.56M | -39.47M | -22.95M | -12.06M | 6.07M | -19.45M | -11.75M | -3.15M |
| Pretax Income | 159.09M | 219.65M | 161.06M | 90.59M | 136.74M | 141.37M | 166.28M | 143.57M | 95.58M | 73.43M | 142.79M | 129.94M | 132.22M | 138.28M | 120.58M | 100.86M | 79.43M | 111.5M | 93M | 74.87M |
| Pretax Margin % | 21.75% | 29.38% | 21.94% | 13.22% | 19.87% | 20.75% | 24.65% | 21.78% | 14.47% | 11.24% | 22.1% | 20.81% | 21.41% | 23.03% | 20.44% | 17.39% | 13.97% | 20.01% | 17.47% | 14.39% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | 158.49M | 218.85M | 160.51M | 144.55M | 136.74M | 140.89M | 165.75M | 143.11M | 95.27M | 73.19M | 142.35M | 129.55M | 131.82M | 137.86M | 120.24M | 100.57M | 79.18M | 110.96M | 92.61M | 74.54M |
| Net Margin % | 21.67% | 29.28% | 21.86% | 21.1% | 19.87% | 20.68% | 24.57% | 21.71% | 14.43% | 11.2% | 22.03% | 20.75% | 21.34% | 22.96% | 20.38% | 17.34% | 13.92% | 19.91% | 17.4% | 14.33% |
| Net Income Growth % | 15.91% | 55.34% | -3.16% | 1.01% | 43.53% | 92.5% | 16.43% | 10.47% | -27.73% | -46.91% | 18.39% | 28.81% | 66.48% | 24.24% | 29.83% | 34.92% | 14.46% | 83.9% | 61.44% | 5.44% |
| Funds From Operations (FFO) | 354.24M | 413.15M | 353.65M | 334.43M | 325.19M | 326.34M | 348.89M | 325.02M | 275.75M | 249.81M | 317.66M | 302.7M | 302.51M | 303.62M | 284.92M | 263.89M | 239.61M | 269.54M | 248.41M | 226.2M |
| FFO Margin % | 48.44% | 55.27% | 48.17% | 48.8% | 47.26% | 47.89% | 51.73% | 49.31% | 41.76% | 38.23% | 49.17% | 48.49% | 48.97% | 50.57% | 48.3% | 45.51% | 42.13% | 48.36% | 46.67% | 43.48% |
| FFO Growth % | 8.93% | 26.6% | 1.36% | 2.89% | 17.93% | 30.64% | 9.83% | 7.37% | -8.85% | -17.72% | 11.49% | 14.71% | 26.25% | 12.65% | 14.7% | 16.66% | 8.98% | 31.09% | 23.06% | 6.3% |
| FFO per Share | 0.60 | 0.70 | 0.58 | 0.55 | 0.53 | 0.53 | 0.57 | 0.53 | 0.45 | 0.41 | 0.52 | 0.49 | 0.49 | 0.50 | 0.47 | 0.43 | 0.39 | 0.44 | 0.41 | 0.38 |
| FFO Payout Ratio % | 50.21% | 43.4% | 52.18% | 53.23% | 54.74% | 54.72% | 51.09% | 53.1% | 62.27% | 68.73% | 54.53% | 52.62% | 52.66% | 52.45% | 56.26% | 51.03% | 56.16% | 50.08% | 54.27% | 44.96% |
| EPS (Diluted) | 0.27 | 0.37 | 0.26 | 0.24 | 0.22 | 0.23 | 0.27 | 0.23 | 0.15 | 0.12 | 0.23 | 0.21 | 0.21 | 0.22 | 0.20 | 0.16 | 0.13 | 0.18 | 0.15 | 0.12 |
| EPS Growth % | 22.73% | 60.87% | -3.7% | 4.35% | 46.67% | 91.67% | 17.39% | 9.52% | -28.57% | -45.45% | 15% | 31.25% | 61.54% | 22.22% | 33.33% | 33.33% | 8.33% | 63.64% | 50% | 0% |
| EPS (Basic) | 0.27 | 0.37 | 0.26 | 0.24 | 0.22 | 0.23 | 0.27 | 0.23 | 0.16 | 0.12 | 0.23 | 0.21 | 0.22 | 0.23 | 0.20 | 0.16 | 0.13 | 0.18 | 0.15 | 0.12 |
| Diluted Shares Outstanding | 588.53M | 592.5M | 606.23M | 613M | 613.08M | 613.26M | 613.36M | 613.25M | 613.65M | 613.82M | 613.81M | 613.69M | 613.58M | 613.32M | 612.56M | 612.21M | 612.65M | 611.62M | 607.91M | 599.83M |