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Invitation Homes Inc. INVH

Listed / Traded Residential NYSE Mgmt:

Invitation Homes stands as the nation's foremost provider of single-family rental properties, catering to evolving lifestyle needs by delivering contemporary, well-maintained residences. These homes boast desirable attributes such as convenient proximity to employment centers and reputable educational institutions. The company's central tenet, "Together with you, we make a house a home," underscores its dedication to fostering environments where individuals and families can genuinely prosper, supported by a personalized service model that continually elevates the tenant experience.

Snapshot

Price
$28.49
Market cap
$16.92B
Enterprise value
$25.61B
Dividend yieldi
4.21%
Annual dividendi
$1.20
Frequency
Quarterly
FFO / sharei
Not reported (common for mortgage REITs)
AFFO / sharei
Not reported in latest 8-K
Net debt / EBITDAi
5.26x · GAAP est.
Op. cash flow / sharei
$1.97
Price / OCFi
14.48
Payout (% of OCF)i
61.00%
Debt / book capitali
49.19%
Premium / disc. to NAVi
No free consensus-NAV source
Credit ratingi
No free ratings feed

Reported FFO / AFFO / leverage are from the None earnings release (filed 2026-05-08) — 8-K, EX-99.1.

Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.

Balance sheet (latest FY: 2025)

Total debt
$8.38B
Cash
$129.97M
Net debt / EBITDAi
5.26x
Debt / book capitali
49.19%
Total assets
$18.68B
Total equity
$9.53B
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Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.

Financial history

FYRevenueNet incomeD&A EBITDAOp. cash flow
2025 $2.73B $587.92M $746.93M $1.47B $1.21B
2024 $2.62B $453.92M $714.33M $1.54B $1.08B
2023 $2.43B $519.47M $674.29M $1.53B $1.11B
2022 $2.24B $383.33M $638.11M $1.33B $1.02B
2021 $2.00B $261.43M $592.13M $1.18B $907.66M
2020 $1.82B $196.21M $552.53M $1.10B $696.71M

Dividends

Ex-dateRecordPaymentDeclaredAmountFreq.
2026-06-252026-06-252026-07-17 2026-06-12$0.30Quarterly
2026-03-262026-03-262026-04-17 2026-03-13$0.30Quarterly
2025-12-232025-12-232026-01-16 2025-12-12$0.30Quarterly
2025-09-252025-09-252025-10-17 2025-09-12$0.29Quarterly
2025-06-262025-06-262025-07-18 2025-06-13$0.29Quarterly
2025-03-272025-03-272025-04-17 2025-03-14$0.29Quarterly
2024-12-262024-12-262025-01-17 2024-12-13$0.29Quarterly
2024-09-262024-09-262024-10-18 2024-09-13$0.28Quarterly
2024-06-272024-06-272024-07-19 2024-06-14$0.28Quarterly
2024-03-272024-03-282024-04-19 2024-03-15$0.28Quarterly
2023-12-262023-12-272024-01-19 2023-12-08$0.28Quarterly
2023-11-062023-11-072023-11-22 2023-10-20$0.26Quarterly
2023-08-072023-08-082023-08-25 2023-07-21$0.26Quarterly
2023-05-092023-05-102023-05-26 2023-04-28$0.26Quarterly
2023-02-132023-02-142023-02-28 2023-02-03$0.26Quarterly
2022-11-072022-11-082022-11-23 2022-10-21$0.22Quarterly
2022-08-082022-08-092022-08-26 2022-07-22$0.22Quarterly
2022-05-092022-05-102022-05-27 2022-04-22$0.22Quarterly
2022-02-112022-02-142022-02-28 2022-02-04$0.22Quarterly
2021-11-082021-11-092021-11-24 2021-10-22$0.17Quarterly
2021-08-092021-08-102021-08-27 2021-07-23$0.17Quarterly
2021-05-102021-05-112021-05-28 2021-04-23$0.17Quarterly
2021-02-092021-02-102021-02-26 2021-01-29$0.17Quarterly
2020-11-092020-11-102020-11-25 2020-10-23$0.15Quarterly

Coverage (payout of operating cash flow): 61.00%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).

Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.

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