INVH - Invitation Homes Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$31.20
DETAILS
HIGH:
$34.00
LOW:
$27.00
MEDIAN:
$32.00
CONSENSUS:
$31.20
UPSIDE:
6.52%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||
| Revenue | 2,729.3 | 2,618.9 | 2,432.3 | 2,238.1 | 1,996.6 | 1,822.8 | 1,764.7 | 1,723.0 | 1,054.5 | 922.6 | 836.0 | 658.7 |
| Cost of Revenue | 2,628.6 | 1,072.8 | 976.1 | 874.3 | 777.8 | 739.2 | 731.6 | 720.9 | 434.8 | 390.8 | 387.4 | 383.2 |
| Gross Profit | 100.7 | 1,546.2 | 1,456.1 | 1,363.8 | 1,218.9 | 1,083.7 | 1,033.1 | 1,002.1 | 619.6 | 531.8 | 448.6 | 275.6 |
| Operating Expenses | ||||||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 95.2 | 90.6 | 82.3 | 74.0 | 75.8 | 63.3 | 74.3 | 98.8 | 167.7 | 69.1 | 79.4 | 88.2 |
| Other Expenses | (735.5) | 714.3 | 674.3 | 638.1 | 592.1 | 552.5 | 533.7 | 560.5 | 333.7 | 271.9 | 254.8 | 219.2 |
| Operating Expenses | (640.2) | 804.9 | 756.6 | 712.1 | 668.0 | 615.8 | 608.0 | 659.3 | 501.4 | 341.0 | 334.3 | 307.4 |
| Operating Income | ||||||||||||
| Operating Income | 741.0 | 741.2 | 699.5 | 651.7 | 550.9 | 467.8 | 425.1 | 342.8 | 118.2 | 190.8 | 114.4 | (31.8) |
| Interest Expense | 353.3 | 366.1 | 333.5 | 304.1 | 322.7 | 353.9 | 367.2 | 383.6 | 257.0 | 286.0 | 273.7 | 235.8 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | ||||||||||||
| EBITDA | 1,471.9 | 1,535.8 | 1,528.8 | 1,327.0 | 1,177.6 | 1,103.9 | 1,048.0 | 939.1 | 460.7 | 475.5 | 361.5 | 182.0 |
| EBIT | 725.0 | 821.4 | 854.5 | 688.9 | 585.4 | 551.4 | 514.3 | 378.6 | 151.1 | 207.8 | 111.3 | (33.8) |
| Income Before Tax | 371.7 | 455.4 | 521.0 | 384.8 | 262.8 | 197.4 | 147.1 | (5.0) | (105.8) | (78.2) | (162.5) | (269.6) |
| Income Tax Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Income | 587.9 | 453.9 | 519.5 | 383.3 | 261.4 | 196.2 | 145.5 | (4.9) | (105.3) | (78.2) | (160.2) | (269.9) |
| Per Share Data | ||||||||||||
| EPS (Basic) | 0.96 | 0.74 | 0.85 | 0.63 | 0.45 | 0.35 | 0.27 | -0.01 | -0.26 | -0.26 | -0.52 | -0.87 |
| EPS (Diluted) | 0.96 | 0.74 | 0.85 | 0.63 | 0.45 | 0.35 | 0.27 | -0.01 | -0.26 | -0.26 | -0.52 | -0.87 |
| Shares Outstanding | 612.9 | 612.6 | 611.9 | 609.8 | 577.7 | 554.0 | 531.2 | 520.4 | 339.4 | 302.1 | 302.1 | 302.1 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 130.0 | 174.5 | 700.6 | 262.9 | 610.2 | 213.4 | 92.3 | 144.9 | 179.9 | 198.1 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 59.9 | 61.2 | 60.8 | 54.1 | 37.5 | 35.3 | 25.2 | 33.1 | 24.5 | 11.6 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 283.5 | 294.6 | 243.1 | 220.9 | 228.7 | 242.5 | 310.5 | 369.1 | 283.5 | 267.2 |
| Total Current Assets | 569.1 | 674.2 | 1,144.4 | 677.5 | 980.1 | 535.4 | 461.5 | 579.2 | 538.4 | 500.0 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 102.6 | 71.5 | 45.0 | 41.0 | 33.6 | 31.7 | 23.6 | 11.8 | 16.6 | 6.2 |
| Goodwill | 258.2 | 258.2 | 258.2 | 258.2 | 258.2 | 258.2 | 258.2 | 258.2 | 258.2 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 37.5 | 0 |
| Long-Term Investments | 372.7 | 356.3 | 389.6 | 390.0 | 303.9 | 361.7 | 388.4 | 423.2 | 435.6 | 209.3 |
| Other Non-Current Assets | 17,377.8 | 17,340.7 | 17,383.7 | 17,170.0 | 16,962.1 | 16,319.2 | 16,261.2 | 16,791.0 | 17,397.3 | 9,016.7 |
| Total Non-Current Assets | 18,111.2 | 18,026.7 | 18,076.5 | 17,859.2 | 17,557.8 | 16,970.8 | 16,931.4 | 17,484.3 | 18,145.3 | 9,232.3 |
| Total Assets | 18,680.3 | 18,701.0 | 19,221.0 | 18,536.7 | 18,537.8 | 17,506.2 | 17,392.9 | 18,063.4 | 18,683.6 | 9,732.4 |
| Current Liabilities | ||||||||||
| Account Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short-Term Debt | 145 | 570 | 0 | 0 | 0 | 0 | 2,162.3 | 3,205.4 | 35 | 2,315.5 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 230.3 | 247.7 | 200.6 | 198.4 | 193.6 | 149.3 | (1,976.2) | (3,035.8) | 193.4 | 88.1 |
| Total Current Liabilities | 375.4 | 817.7 | 200.6 | 198.4 | 193.6 | 149.3 | 186.1 | 169.6 | 228.4 | 2,403.6 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 8,235.0 | 7,632.3 | 8,546.1 | 7,769.1 | 7,998.7 | 8,031.5 | 8,467.5 | 9,249.8 | 9,616.7 | 5,254.7 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 502.0 | 458.4 | 283.9 | 245.6 | 506.8 | 769.3 | 473.2 | 274.8 | 188.7 | 116.6 |
| Total Non-Current Liabilities | 8,737.0 | 8,090.7 | 8,829.9 | 8,014.7 | 8,505.4 | 8,800.9 | 8,940.7 | 9,524.6 | 9,805.4 | 5,371.3 |
| Total Liabilities | 9,112.4 | 8,908.4 | 9,030.5 | 8,213.1 | 8,699.0 | 8,950.1 | 9,126.8 | 9,694.2 | 10,033.8 | 7,774.9 |
| Stockholders' Equity | ||||||||||
| Common Stock | 6.1 | 6.1 | 6.1 | 6.1 | 6.0 | 5.7 | 5.4 | 5.2 | 5.2 | 1,957.4 |
| Retained Earnings | (1,611.0) | (1,480.9) | (1,070.6) | (951.2) | (794.9) | (661.2) | (524.6) | (392.6) | (157.6) | 0 |
| Accumulated Other Comprehensive Income | 6.4 | 61.0 | 63.7 | 98.0 | (286.9) | (546.9) | (276.6) | (13.0) | 47.9 | 0 |
| Total Stockholders' Equity | 9,530.1 | 9,756.8 | 10,156.0 | 10,291.3 | 9,797.7 | 8,504.8 | 8,214.4 | 8,229.1 | 8,498.1 | 1,957.4 |
| Total Liabilities & Equity | 18,680.3 | 18,701.0 | 19,221.0 | 18,536.7 | 18,537.8 | 17,506.2 | 17,392.9 | 18,063.4 | 18,683.6 | 9,732.4 |
| Debt Metrics | ||||||||||
| Total Debt | 8,380.0 | 8,202.3 | 8,546.1 | 7,769.1 | 7,998.7 | 8,031.5 | 10,629.8 | 12,455.2 | 9,651.7 | 7,570.3 |
| Net Debt | 8,250.0 | 8,027.8 | 7,845.4 | 7,506.2 | 7,388.5 | 7,818.1 | 10,537.5 | 12,310.2 | 9,471.8 | 7,372.2 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | 587.9 | 455.4 | 521.0 | 384.8 | 262.8 | 197.4 | 147.1 | (5.0) | (105.8) | (78.2) |
| Depreciation & Amortization | 746.9 | 714.3 | 674.3 | 638.1 | 592.1 | 552.5 | 533.7 | 560.5 | 309.6 | 267.7 |
| Stock-Based Compensation | 27.8 | 27.9 | 29.5 | 29.0 | 27.2 | 17.1 | 18.2 | 29.5 | 81.2 | 10.2 |
| Change in Working Capital | 17.6 | 20.9 | 12.0 | (10.4) | 24.8 | (46.1) | (7.3) | (46.8) | (32.2) | (6.3) |
| Other Non-Cash Items | (176.0) | (136.7) | (129.7) | (17.9) | 34.1 | 46.3 | 50.7 | 53.9 | 32.9 | 63.7 |
| Operating Cash Flow | 1,206.2 | 1,081.8 | 1,107.1 | 1,023.6 | 907.7 | 696.7 | 662.1 | 561.2 | 259.8 | 250.1 |
| Investing Activities | ||||||||||
| Capital Expenditure | (242.8) | (219.4) | (221.1) | (208.1) | (162.8) | (172.3) | (164.2) | (145.7) | (62.5) | (49.8) |
| Acquisitions | (45.7) | 0 | 0 | (167.7) | (65) | (16.3) | 586.1 | 192.6 | 85.0 | 0 |
| Purchases of Investments | (2.9) | (4.7) | (33.9) | 3.9 | 162.8 | 172.3 | (586.1) | (211.7) | (95.2) | (300.3) |
| Sales/Maturities of Investments | 0 | 0 | 0.9 | 76.3 | 119.9 | 72.1 | 50.0 | 224.0 | 79.3 | 146.1 |
| Other Investing Activities | (361.2) | (241.8) | (489.2) | (518.9) | (1,214.5) | (480.9) | 216.5 | 3.8 | 46.8 | 5.7 |
| Investing Cash Flow | (652.6) | (465.9) | (773.6) | (814.4) | (1,159.6) | (425.2) | 102.2 | 63.0 | 53.3 | (255.0) |
| Financing Activities | ||||||||||
| Net Debt Issuance | 168.1 | (331.5) | 769.4 | (88.8) | 171.2 | (434.7) | (594.0) | (380.1) | (1,876.1) | (196.4) |
| Stock Repurchased | (53.2) | (10.9) | (8.1) | 0 | 0 | 0 | (8.2) | (9.2) | (15.9) | 0 |
| Dividends Paid | (712.8) | (689.2) | (638.1) | (539.0) | (393.8) | (332.2) | (276.7) | (230.1) | (69.0) | (0.1) |
| Other Financing Activities | (20.5) | (62.1) | (13.1) | (44.6) | (52.2) | (65.9) | 40.7 | (61.4) | 1,629.7 | (10.2) |
| Financing Cash Flow | (618.5) | (1,093.7) | 110.0 | (574.1) | 659.0 | (146.0) | (838.1) | (680.8) | (331.3) | (71.8) |
| Cash Position | ||||||||||
| Net Change in Cash | (64.8) | (477.8) | 443.6 | (364.9) | 407.1 | 125.5 | (73.7) | (56.6) | (18.2) | (76.7) |
| Cash at Beginning | 419.7 | 897.5 | 453.9 | 818.9 | 411.8 | 286.2 | 360.0 | 416.6 | 198.1 | 274.8 |
| Cash at End | 354.9 | 419.7 | 897.5 | 453.9 | 818.9 | 411.8 | 286.2 | 360.0 | 179.9 | 198.1 |
| Free Cash Flow | 963.5 | 862.4 | 886.0 | 815.5 | 744.8 | 524.4 | 497.9 | 415.5 | 197.2 | 200.3 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||
| Revenue | 2,729.3 | 2,618.9 | 2,432.3 | 2,238.1 | 1,996.6 | 1,822.8 | 1,764.7 | 1,723.0 | 1,054.5 | 922.6 | 836.0 | 658.7 |
| Gross Profit | 100.7 | 1,546.2 | 1,456.1 | 1,363.8 | 1,218.9 | 1,083.7 | 1,033.1 | 1,002.1 | 619.6 | 531.8 | 448.6 | 275.6 |
| Operating Income | 741.0 | 741.2 | 699.5 | 651.7 | 550.9 | 467.8 | 425.1 | 342.8 | 118.2 | 190.8 | 114.4 | (31.8) |
| Net Income | 587.9 | 453.9 | 519.5 | 383.3 | 261.4 | 196.2 | 145.5 | (4.9) | (105.3) | (78.2) | (160.2) | (269.9) |
| EPS (Diluted) | 0.96 | 0.74 | 0.85 | 0.63 | 0.45 | 0.35 | 0.27 | -0.01 | -0.26 | -0.26 | -0.52 | -0.87 |
| Balance Sheet | ||||||||||||
| Cash & Equivalents | 130.0 | 174.5 | 700.6 | 262.9 | 610.2 | 213.4 | 92.3 | 144.9 | 179.9 | 198.1 | ||
| Total Assets | 18,680.3 | 18,701.0 | 19,221.0 | 18,536.7 | 18,537.8 | 17,506.2 | 17,392.9 | 18,063.4 | 18,683.6 | 9,732.4 | ||
| Total Debt | 8,380.0 | 8,202.3 | 8,546.1 | 7,769.1 | 7,998.7 | 8,031.5 | 10,629.8 | 12,455.2 | 9,651.7 | 7,570.3 | ||
| Stockholders' Equity | 9,530.1 | 9,756.8 | 10,156.0 | 10,291.3 | 9,797.7 | 8,504.8 | 8,214.4 | 8,229.1 | 8,498.1 | 1,957.4 | ||
| Cash Flow | ||||||||||||
| Operating Cash Flow | 1,206.2 | 1,081.8 | 1,107.1 | 1,023.6 | 907.7 | 696.7 | 662.1 | 561.2 | 259.8 | 250.1 | ||
| Capital Expenditure | (242.8) | (219.4) | (221.1) | (208.1) | (162.8) | (172.3) | (164.2) | (145.7) | (62.5) | (49.8) | ||
| Free Cash Flow | 963.5 | 862.4 | 886.0 | 815.5 | 744.8 | 524.4 | 497.9 | 415.5 | 197.2 | 200.3 | ||