Invitation Homes Inc. (BMV:INVH)

Invitation Homes Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	2,616	2,549	2,419	2,227	1,992	1,823
Property Management Fees	86.76	69.98	13.65	11.48	4.89	-
Other Revenue	-13.56	-28.45	-17.88	-9.61	-1.55	-
Total Revenue	2,690	2,590	2,414	2,229	1,995	1,823
Revenue Growth (YoY	5.29%	7.29%	8.34%	11.70%	9.45%	3.29%
Property Expenses	1,118	1,073	976.14	874.29	777.76	739.16
Selling, General & Administrative	92.82	89.98	81.37	73.71	74.76	62.7
Depreciation & Amortization	738.97	714.33	674.29	638.11	592.14	552.53
Total Operating Expenses	1,950	1,877	1,732	1,586	1,445	1,354
Operating Income	739.72	713.43	682.6	642.4	550.42	468.44
Interest Expense	-357.61	-366.07	-333.46	-304.09	-322.66	-353.92
Income (Loss) on Equity Investments	-	-	-	-	-	0.6
Other Non-Operating Income	1.06	-53.75	-2.4	-11.16	-5.84	1.07
EBT Excluding Unusual Items	383.17	293.61	346.74	327.15	221.92	116.18
Gain (Loss) on Sale of Investments	0.08	1.05	0.35	-3.94	-9.42	29.72
Gain (Loss) on Sale of Assets	266.79	244.55	183.54	90.7	60.01	54.59
Total Insurance Settlements	-	-	-	-	-	3.88
Asset Writedown	-0.61	-0.51	-0.43	-0.31	-0.65	-6.33
Other Unusual Items	-60.99	-83.34	-9.18	-28.8	-9.08	-0.6
Pretax Income	588.43	455.37	521.03	384.8	262.78	197.45
Earnings From Continuing Operations	588.43	455.37	521.03	384.8	262.78	197.45
Minority Interest in Earnings	-1.95	-1.45	-1.56	-1.47	-1.35	-1.24
Net Income	586.48	453.92	519.47	383.33	261.43	196.21
Preferred Dividends & Other Adjustments	0.88	0.75	0.7	0.66	0.33	0.45
Net Income to Common	585.6	453.16	518.77	382.67	261.1	195.76
Net Income Growth	33.18%	-12.62%	35.52%	46.63%	33.24%	34.89%
Basic Shares Outstanding	613	613	612	610	578	554
Diluted Shares Outstanding	613	614	613	611	579	555
Shares Change (YoY)	-0.08%	0.06%	0.36%	5.51%	4.28%	4.31%
EPS (Basic)	0.96	0.74	0.85	0.63	0.45	0.35
EPS (Diluted)	0.95	0.74	0.85	0.63	0.45	0.35
EPS Growth	32.35%	-12.74%	35.10%	39.46%	28.57%	29.63%
Dividend Per Share	1.160	1.130	1.060	0.920	0.730	0.620
Dividend Growth	3.57%	6.60%	15.22%	26.03%	17.74%	14.82%
Operating Margin	27.50%	27.54%	28.27%	28.83%	27.59%	25.70%
Profit Margin	21.77%	17.49%	21.49%	17.17%	13.09%	10.74%
EBITDA	1,479	1,428	1,357	1,281	1,143	1,021
EBITDA Margin	54.98%	55.12%	56.20%	57.46%	57.27%	56.01%
D&A For Ebitda	738.97	714.33	674.29	638.11	592.14	552.53
EBIT	739.72	713.43	682.6	642.4	550.42	468.44
EBIT Margin	27.50%	27.54%	28.27%	28.83%	27.59%	25.70%
Funds From Operations (FFO)	1,054	925.27	1,010	928.62	788.77	693.85
FFO Per Share	1.71	1.50	1.64	1.51	1.35	1.24
Adjusted Funds From Operations (AFFO)	-	986.24	923.37	865.9	745.56	602.4
AFFO Per Share	-	1.60	1.50	1.41	1.28	1.08
FFO Payout Ratio	67.15%	74.49%	63.18%	58.05%	49.93%	47.87%
Revenue as Reported	2,703	2,619	2,432	2,238	1,997	1,823

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.