Invitation Homes Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $2.73B | $2.74B | $2.43B | $2.18B | $2.00B | $1.82B | $1.76B |
| Rental Revenue | — | — | $2.61B | — | $2.05B | — | — | — |
| Other Revenue | — | — | $134.0M | — | $125.0M | — | — | — |
| 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 |
| Operating Income | — | $387.6M | $412.3M | $357.5M | $257.8M | $219.6M | $113.2M | $39.2M |
| Operating Margin | — | 14.2% | 15.1% | 14.7% | 11.8% | 11.0% | 6.2% | 2.2% |
| Interest Expense | — | — | — | $333.5M | $304.1M | $322.7M | $353.9M | $367.2M |
| Pretax Income | — | — | — | — | — | — | — | — |
| Income Tax Expense | — | — | — | $253.0K | $150.0K | $551.0K | $870.0K | $2.5M |
| Net Income | — | $587.9M | $453.9M | $519.5M | $383.3M | $261.4M | $196.2M | $145.5M |
| Net Margin | — | 21.5% | 16.6% | 21.4% | 17.6% | 13.1% | 10.8% | 8.2% |
| EPS (Basic) | — | $0.96 | $0.74 | $0.85 | $0.63 | $0.45 | $0.35 | $0.27 |
| EPS (Diluted) | — | $0.96 | $0.74 | $0.85 | $0.63 | $0.45 | $0.35 | $0.27 |
| Shares Outstanding (Basic) | 609.4M | 612.9M | 612.6M | 611.9M | 609.8M | 577.7M | 554.0M | 531.2M |
| Shares Outstanding (Diluted) | 609.4M | 613.2M | 613.6M | 613.3M | 611.1M | 579.2M | 555.5M | 532.5M |
| Dividends Per Share | — | $1.17 | $1.41 | $1.04 | $0.88 | $0.68 | $0.60 | $0.52 |