Invitation Homes Inc. (INVH)
Invitation Homes Inc. brought in $2.9B of revenue over the twelve months to September 30, 2026, up 7.2% from a year earlier. Net income was $682.4M, a net margin of 23.5%. Operating cash flow minus capital spending left $1.2B of free cash flow in fiscal 2025. At September 30, 2026 it held $78.9M in cash against $8.7B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on October 29, 2026.
Key facts about Invitation Homes Inc.
- Net worth
- Invitation Homes Inc. has a market value (market cap) of $16B at the latest share price, and shareholders' equity of $8.8B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $2.7B (+4.2% year on year), with net income of $587.9M. Over the 12 months to September 30, 2026: revenue $2.9B, net income $682.4M.
- Cash flow
- In fiscal 2025 operations brought in $1.2B of cash; after $28.3M of capital spending, free cash flow was $1.2B.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on October 29, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Invitation Homes Inc.'s next report is expected around February 17, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- Invitation Homes Inc. declared dividends of $1.17 per share in fiscal 2025, a yield of 4.32% at the current price.
What Invitation Homes Inc. does
Invitation Homes Inc. is registered with the SEC under industry code SIC 6510 (Real Estate Operators (No Developers) & Lessors). Its shares trade on NYSE under the ticker INVH.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $2.7B | $587.9M | $0.96 | $1.2B |
| 2024 | $2.6B | $453.9M | $0.74 | $1.1B |
| 2023 | $2.4B | $519.5M | $0.85 | $1.1B |
| 2022 | $2.2B | $383.3M | $0.63 | $901.2M |
| 2021 | $2B | $261.4M | $0.45 | $830.3M |
| 2020 | $1.8B | $196.2M | $0.35 | $597.9M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where INVH ranks in Finance
Dividends
Invitation Homes Inc. declared $1.17 per share in fiscal 2025. At the current price that is a yield of 4.32%. It paid out $712.8M in cash dividends, 121% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $1.17 | $712.8M | 121% |
| 2024 | $1.41 | $689.2M | 152% |
| 2023 | $1.04 | $638.1M | 123% |
| 2022 | $0.88 | $539M | 141% |
| 2021 | $0.68 | $393.8M | 151% |
| 2020 | $0.60 | $332.2M | 169% |
Latest SEC filings
What Invitation Homes Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- October 29, 2026Quarterly report 10-Q · period to September 30, 2026Revenue rose 6.3% to $731.3M versus the same quarter last year; diluted EPS $0.27 versus $0.22.
- October 28, 2026
- October 7, 2026Passive stake changed SCHEDULE 13G/A
- September 9, 2026
- July 30, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 9.7% to $747.6M versus the same quarter last year; diluted EPS $0.37 versus $0.23.
- July 29, 2026
- July 8, 2026
- July 6, 2026Other event 8-K
- June 1, 2026
- May 15, 2026Passive stake changed SCHEDULE 13G/A
What is INVH worth? A DCF from its reported cash flow
Insider trades
What the people running Invitation Homes Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider trades were reported in the last 90 days.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| July 31, 2026 | Eisen Scott G.EVP, Chief Investment Officer | Shares withheld for tax | 7,420 | $220.5K |
| May 7, 2026 | Fascitelli Michael DDirector | Received as pay | 6,559 | - |
| May 7, 2026 | Kelter Jeffrey EDirector | Received as pay | 6,559 | - |
| May 7, 2026 | Howard Hugh Wyman IIIDirector | Received as pay | 6,559 | - |
| May 7, 2026 | Barbe, Cohen JanaDirector | Received as pay | 6,559 | - |
| May 7, 2026 | Smith Kenny KellynDirector | Received as pay | 6,559 | - |
| May 7, 2026 | Taylor Keith DDirector | Received as pay | 6,559 | - |
| May 7, 2026 | Margolis Joseph DDirector | Received as pay | 6,559 | - |
Who owns INVH
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Vanguard Portfolio Management13G, passive | 8.25% | April 29, 2026 |
| Vanguard Capital Management13G, passive | 7.23% | April 30, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 624 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 61,799,827 | -2,524,129 |
| Norges Bank | 51,511,025 | new |
| Vanguard Portfolio Management LLC | 48,041,805 | -1,353,498 |
| State Street Corp | 38,049,776 | -1,176,760 |
| Vanguard Capital Management LLC | 37,314,783 | +140,857 |
| Fmr LLC | 17,367,397 | -894,688 |
| Geode Capital Management, LLC | 17,118,534 | -193,592 |
| APG Asset Management US Inc. | 15,975,264 | 0 |
| Invesco Ltd. | 14,990,389 | +357,454 |
| Centersquare Investment Management LLC | 8,939,707 | +1,490,227 |
| Madison Avenue Partners, LP | 8,335,309 | new |
| Dimensional Fund Advisors LP | 8,233,305 | -145,977 |
| Jpmorgan Chase & Co | 8,014,729 | -20,618 |
| Charles Schwab Investment Management Inc | 7,925,587 | +175,890 |
| Morgan Stanley | 7,459,843 | +617,037 |
| Goldman Sachs Group Inc | 7,128,163 | -3,018,456 |
| Deutsche Bank AG\ | 6,406,455 | +3,835,082 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 5,971,242 | +5,963,259 |
| Northern Trust Corp | 5,938,823 | +34,604 |
| Daiwa Securities Group Inc. | 5,304,200 | -180,916 |
Insiders
14 insiders reported holding 2,716,246 shares in total, about $73.6M at the last price.
| Holder | Shares |
|---|---|
| Tanner Dallas BPresident and CEO, Director | 1,108,422 |
| Lobner Timothy J.EVP, Chief Operating Officer | 390,420 |
| Eisen Scott G.EVP, Chief Investment Officer | 263,812 |
| Olsen Jonathan S.EVP&CFO | 257,374 |
| Solls Mark AEVP & CLO | 224,790 |
| Norrell Kimberly KEVP & CAO | 167,413 |
| Fascitelli Michael DDirector | 87,541 |
| Kelter Jeffrey EDirector | 63,845 |
| Barbe, Cohen JanaDirector | 40,211 |
| Margolis Joseph DDirector | 38,474 |
Questions about INVH
What does Invitation Homes Inc. do?
Invitation Homes Inc. is a company in the Finance sector, listed on NYSE as INVH. Its shares trade on NYSE under the ticker INVH.
What is Invitation Homes Inc.'s net worth?
Invitation Homes Inc. has a market value (market cap) of $16B at the latest share price, and shareholders' equity of $8.8B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Invitation Homes Inc. profitable?
Yes. Over the twelve months to September 30, 2026 it reported net income of $682.4M on revenue of $2.9B, a net margin of 23.5%.
How much revenue does Invitation Homes Inc. make?
Over the twelve months to September 30, 2026 Invitation Homes Inc. reported revenue of $2.9B. That is 7.2% more than a year earlier.
When did Invitation Homes Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on October 29, 2026. It covers the period to September 30, 2026.
When is Invitation Homes Inc.'s next earnings report?
Invitation Homes Inc.'s next report is expected around February 17, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Does Invitation Homes Inc. pay a dividend?
Yes. Invitation Homes Inc. declared dividends of $1.17 per share in fiscal 2025, a yield of 4.32% at the current price.
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Where the numbers come from
Financial figures are the values Invitation Homes Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.