INVH Stock Financial Analysis - Invitation Homes Inc. (NYSE) Stock

Overview

Invitation Homes Inc., based in the United States, operates primarily in the real estate industry, specializing as a leading owner, manager, and developer of single-family rental homes. Founded in 2012, the company has rapidly expanded its footprint and now boasts a significant portfolio of properties across various American states, offering high-quality updated homes for lease. Invitation Homes distinguishes itself in the market by its scale and its approach to professional property management, focusing on providing appealing and functional homes that attract long-term tenants. Its key projects typically involve the acquisition and renovation of houses to subsequently manage them as rental units, thereby capitalizing on the growing demand for single-family rental housing in suburban regions.

Quality, Value, Momentum Scores

This card shows the Quality, Value, and Momentum scores for the company

Quality

The QualityScore is a proprietary scoring model that identifies high quality companies, based on cash generating efficiencies.

Value

Proprietary scoring model that ranks companies based on their relative valuation. Scores range from 0 to 100, with 100 being the most undervalued.

Momentum

Proprietary scoring model that ranks companies on their six-month momentum.

Fund Sentiment

The Fund Sentiment (fka Ownership) score is a proprietary quantitative model that ranks companies based on levels of ownership accumulation.

QVM

The QVM Score is a proprietary scoring model that combines Quality, Value, and Momentum into a single metric that ranks companies from 0 to 100.

Income Statement: Revenue, Operating Income, Net Income

The revenue for Invitation Homes Inc. as of June 30, 2025 is 2,647.49 MM.
The operating income for Invitation Homes Inc. as of June 30, 2025 is 721.99 MM.
The net income for Invitation Homes Inc. as of June 30, 2025 is 545.01 MM.

Period End (TTM)	Revenue (MM)	Operating Income (MM)	Net Income (MM)
2025-06-30	2,647.49	721.99	545.01
2025-03-31	2,618.86	717.63	477.31
2024-12-31	2,590.50	713.43	453.92
2024-09-30	2,554.56	701.53	440.35
2024-06-30	2,519.19	698.86	476.90
2024-03-31	2,469.57	691.52	541.58
2023-12-31	2,414.40	682.60	519.47
2023-09-30	2,372.97	677.88	490.50
2023-06-30	2,328.00	672.14	437.86
2023-03-31	2,284.26	660.75	410.96
2022-12-31	2,228.51	642.40	383.33
2022-09-30	2,170.53	628.15	357.30
2022-06-30	2,112.44	604.81	347.30
2022-03-31	2,049.48	573.73	296.67
2021-12-31	1,995.07	550.42	261.43
2021-09-30	1,941.05	523.16	257.58
2021-06-30	1,890.50	495.73	221.06
2021-03-31	1,848.62	479.22	203.62
2020-12-31	1,822.83	468.44	196.21
2020-09-30	1,803.01	459.41	177.50

Income Statement: EPS

The earnings per share basic for Invitation Homes Inc. as of June 30, 2025 is 0.89.
The earnings per share diluted for Invitation Homes Inc. as of June 30, 2025 is 0.89.

Period End (TTM)	Earnings Per Share Basic	Earnings Per Share Diluted
2025-06-30	0.89	0.89
2025-03-31	0.78	0.78
2024-12-31	0.74	0.74
2024-09-30	0.72	0.72
2024-06-30	0.78	0.78
2024-03-31	0.88	0.88
2023-12-31	0.85	0.85
2023-09-30	0.80	0.81
2023-06-30	0.72	0.72
2023-03-31	0.67	0.68
2022-12-31	0.63	0.63
2022-09-30	0.59	0.58
2022-06-30	0.58	0.57
2022-03-31	0.50	0.50
2021-12-31	0.45	0.45
2021-09-30	0.45	0.45
2021-06-30	0.39	0.39
2021-03-31	0.36	0.36
2020-12-31	0.35	0.35
2020-09-30	0.32	0.32

Cash Flow: Operations, Investing, Financing

The cash from operating activities for Invitation Homes Inc. as of June 30, 2025 is 1,129.40 MM.
The cash from investing activities for Invitation Homes Inc. as of June 30, 2025 is -682.59 MM.
The cash from financing activities for Invitation Homes Inc. as of June 30, 2025 is -1,126.27 MM.

Period End (TTM)	Cash From Operating Activities (MM)	Cash From Investing Activities (MM)	Cash From Financing Activities (MM)
2025-06-30	1,129.40	-682.59	-1,126.27
2025-03-31	1,116.74	-555.20	-1,190.31
2024-12-31	1,081.81	-465.87	-1,093.73
2024-09-30	1,036.54	-496.65	-274.31
2024-06-30	1,143.73	-881.77	81.68
2024-03-31	1,054.88	-728.61	92.83
2023-12-31	1,107.09	-773.55	110.02
2023-09-30	1,139.18	-827.92	152.73
2023-06-30	1,070.27	-325.71	-604.62
2023-03-31	1,106.34	-595.03	-666.17
2022-12-31	1,023.59	-814.41	-574.11
2022-09-30	1,029.29	-1,187.34	-147.21
2022-06-30	989.62	-1,457.37	579.20
2022-03-31	902.11	-1,326.23	696.45
2021-12-31	907.66	-1,159.56	658.99
2021-09-30	853.35	-959.09	117.98
2021-06-30	770.88	-618.53	-579.82
2021-03-31	759.58	-466.97	-397.58
2020-12-31	696.71	-425.16	-146.03
2020-09-30	696.95	-65.58	-148.88

Valuation Metrics : PE, PriceToBook, PriceToTBV

The p/e for Invitation Homes Inc. as of June 30, 2025 is 42.10.
The p/book for Invitation Homes Inc. as of June 30, 2025 is 2.06.
The p/tbv for Invitation Homes Inc. as of June 30, 2025 is 2.12.

P/Book: The current closing price divided by the book value per share.

P/TBV: The current price divided by the tangible book value per share.

Period End (TTM)	p/e	P/Book	P/TBV
2025-06-30	42.10	2.06	2.12
2025-03-31	46.53	2.16	2.22
2024-12-31		1.96	2.01
2024-09-30	44.96	2.13	2.19
2024-06-30	39.97	2.13	2.18
2024-03-31	41.11	2.10	2.15
2023-12-31	42.53	2.03	2.08
2023-09-30	44.32	1.89	1.94
2023-06-30	50.82	2.04	2.09
2023-03-31	49.80	1.85
2022-12-31		1.75	1.80
2022-09-30		2.01	2.06
2022-06-30	73.22	2.12	2.18
2022-03-31	93.37	2.48	2.55
2021-12-31	105.07	2.84	2.92
2021-09-30	103.07	2.64	2.73
2021-06-30
2021-03-31	105.91	2.50	2.58
2020-12-31	109.80	2.52	2.60
2020-09-30	119.97	2.56	2.64

Valuation Metrics : EBitToEv, EBit3YrAvgToEv

The ebit/ev for Invitation Homes Inc. as of June 30, 2025 is 0.02.
The ebit (3y)/ev for Invitation Homes Inc. as of June 30, 2025 is 0.02.

Period End (TTM)	EBIT/EV	EBIT (3y)/EV
2025-06-30	0.02	0.02
2025-03-31	0.02	0.02
2024-12-31	0.02	0.02
2024-09-30	0.02	0.02
2024-06-30	0.02	0.01
2024-03-31	0.02	0.01
2023-12-31	0.02	0.01
2023-09-30	0.02	0.01
2023-06-30	0.01	0.01
2023-03-31	0.01	0.01
2022-12-31	0.01	0.01
2022-09-30	0.01	0.01
2022-06-30	0.01	0.01
2022-03-31	0.01	0.01
2021-12-31	0.01	0.01
2021-09-30	0.01	0.01
2021-06-30
2021-03-31	0.01	0.00
2020-12-31	0.01	0.00
2020-09-30	0.01	0.00

Management Effectiveness

The roa for Invitation Homes Inc. as of June 30, 2025 is 0.02.
The roe for Invitation Homes Inc. as of June 30, 2025 is 0.05.
The roic for Invitation Homes Inc. as of June 30, 2025 is 0.03.
The croic for Invitation Homes Inc. as of June 30, 2025 is -0.04.
The ocroic for Invitation Homes Inc. as of June 30, 2025 is 0.06.

Period End (TTM)	ROA	ROE	ROIC	CROIC	OCROIC
2025-06-30	0.02	0.05	0.03	-0.04	0.06
2025-03-31	0.02	0.04	0.02	-0.03	0.06
2024-12-31	0.02	0.04	0.02	0.01	0.05
2024-09-30	0.02	0.05	0.03	0.02	0.06
2024-06-30	0.03	0.05	0.03	0.02	0.05
2024-03-31	0.03	0.05	0.03	0.02	0.06
2023-12-31	0.03	0.05	0.03	0.02	0.06
2023-09-30	0.02	0.04	0.02	0.01	0.06
2023-06-30	0.02	0.04	0.02	0.01	0.06
2023-03-31	0.02	0.04	0.02	-0.01	0.06
2022-12-31	0.02	0.04	0.02	-0.02	0.06
2022-09-30	0.02	0.04	0.02	-0.02	0.06
2022-06-30	0.02	0.03	0.02	0.01	0.05
2022-03-31	0.01	0.03	0.02	0.01	0.05
2021-12-31	0.01	0.03	0.01	0.02	0.05
2021-09-30	0.01	0.03	0.01	0.00	0.04
2021-06-30	0.01	0.03	0.01	-0.02	0.05
2021-03-31	0.01	0.03	0.01	-0.01	0.04
2020-12-31	0.01	0.02	0.01	0.01	0.04
2020-09-30	0.01	0.02	0.01	0.03	0.04

Gross Margins

The gross margin for Invitation Homes Inc. as of June 30, 2025 is 0.59.
The net margin for Invitation Homes Inc. as of June 30, 2025 is 0.18.
The operating margin for Invitation Homes Inc. as of June 30, 2025 is 0.27.

Gross Margin: The Gross Margin is the ratio of revenue left after substracting the Cost of Goods Sold. It is calculated as 1.0 - (Revenue - COGS ) / Revenue.

Net Margin: The Net Margin (aka Profit Margin) is the ratio of revenue left after substracting the Net Income. It is calculated as Net Income / Revenue.

Operating Margin: The Operaing Margin is the ratio of revenue left after substracting the Operating Income. It is calculated as Operating Income / Revenue.

Period End (TTM)	Gross Margin	Net Margin	Operating Margin
2025-06-30	0.59	0.18	0.27
2025-03-31	0.59	0.18	0.28
2024-12-31	0.59	0.17	0.27
2024-09-30	0.59	0.19	0.28
2024-06-30	0.59	0.22	0.28
2024-03-31	0.60	0.22	0.28
2023-12-31	0.60	0.21	0.29
2023-09-30	0.60	0.19	0.29
2023-06-30	0.60	0.19	0.29
2023-03-31	0.61	0.18	0.29
2022-12-31	0.61	0.16	0.29
2022-09-30	0.61	0.16	0.29
2022-06-30	0.61	0.16	0.29
2022-03-31	0.61	0.14	0.28
2021-12-31	0.61	0.13	0.28
2021-09-30	0.60	0.13	0.27
2021-06-30	0.60	0.12	0.26
2021-03-31	0.60	0.11	0.26
2020-12-31		0.11	0.26
2020-09-30	0.59	0.10	0.25