Invitation Homes Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.73B | $2.62B | $2.43B | $2.24B | $2.00B | $1.82B | $1.76B | $1.72B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $95.3M | $90.6M | $82.3M | $74.0M | $75.8M | $63.3M | $74.3M | $98.8M |
| Operating Income | $387.6M | $292.2M | $357.5M | $318.9M | $219.6M | $113.2M | $39.2M | $-61.7M |
| Operating Margin | 14.2% | 11.2% | 14.7% | 14.2% | 11.0% | 6.2% | 2.2% | -3.6% |
| Interest Expense | — | — | $333.5M | $304.1M | $322.7M | $353.9M | $367.2M | $383.6M |
| Pretax Income | — | — | — | — | — | — | — | — |
| Income Tax Expense | — | — | $253.0K | $150.0K | $551.0K | $870.0K | $2.5M | $1.2M |
| Net Income | $587.9M | $453.9M | $519.5M | $383.3M | $261.4M | $196.2M | $145.5M | $-4.9M |
| Net Margin | 21.5% | 17.3% | 21.4% | 17.1% | 13.1% | 10.8% | 8.2% | -0.3% |
| EPS (Basic) | $0.96 | $0.74 | $0.85 | $0.63 | $0.45 | $0.35 | $0.27 | $-0.01 |
| EPS (Diluted) | $0.96 | $0.74 | $0.85 | $0.63 | $0.45 | $0.35 | $0.27 | $-0.01 |
| Shares Outstanding (Basic) | 612.9M | 612.6M | 611.9M | 609.8M | 577.7M | 554.0M | 531.2M | 520.4M |
| Shares Outstanding (Diluted) | 613.2M | 613.6M | 613.3M | 611.1M | 579.2M | 555.5M | 532.5M | 520.4M |
| Dividends Per Share | $1.17 | $1.41 | $1.04 | $0.88 | $0.68 | $0.60 | $0.52 | $0.44 |