Invitation Homes (INVH): financials, SEC filings and peers
Invitation Homes (INVH) is a single-family residential reits company in the Real Estate sector of the S&P 500, headquartered in Dallas, Texas.
It was founded in 2012 and joined the S&P 500 on September 19, 2022.
Its fiscal year ends in December, and its shares trade on the NYSE.
In its SEC filings it is classified as “Real Estate Operators (No Developers) & Lessors”.
Invitation Homes at a glance
- Revenue (12 months)
- $2.9B
- Revenue growth
- +7.2%
- Operating margin
- —
- Net income (12 months)
- $682M
- Free cash flow (12 months)
- —
- Cash
- $79M
- Debt
- $8.7B
- Diluted EPS (12 months)
- $1.14
Twelve months to September 30, 2026, from the 10-Q filed October 29, 2026.
Latest twelve months
Over the twelve months to September 30, 2026, Invitation Homes reported revenue of $2.9 billion, about the same as a year earlier (+7.2%).
Net income was $682 million (23.5% of revenue), 16.4% higher than a year earlier.
At the end of the period it held $79 million in cash and $8.7 billion in debt, a net debt position of $8.7 billion.
The diluted share count fell 4.0% in a year, typically the result of buybacks.
Five-year trend
- Revenue went from $1.8 billion in fiscal 2020 to $2.7 billion in fiscal 2025, about 8.4% a year.
- Revenue has grown for 5 fiscal years in a row.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $2.0B | $2.2B | $2.4B | $2.6B | $2.7B |
| Revenue growth | 9.5% | 12.1% | 8.7% | 7.7% | 4.2% |
| Operating margin | — | — | — | — | — |
| Net income | $261M | $383M | $519M | $454M | $588M |
| Free cash flow | — | — | — | — | — |
| Diluted EPS | $0.45 | $0.63 | $0.85 | $0.74 | $0.96 |
Fiscal years as reported in Invitation Homes’s 10-K filings. Free cash flow is operating cash flow minus capital spending.
Recent SEC filings
- 10-Q filed October 29, 2026 — quarterly report
- 8-K filed October 28, 2026 — Earnings results
- 8-K filed September 9, 2026 — Regulation FD disclosure
- 10-Q filed July 30, 2026 — quarterly report
- 8-K filed July 29, 2026 — Earnings results
- 8-K filed July 8, 2026 — Material agreement; New debt obligation
- 8-K filed July 6, 2026 — Other event
- 8-K filed June 1, 2026 — Regulation FD disclosure
Companies like Invitation Homes
Invitation Homes is the only S&P 500 company in Single-Family Residential REITs.
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Questions about Invitation Homes
Is Invitation Homes's revenue growing?
Yes. Revenue for the twelve months to September 30, 2026 was $2.9 billion, up 7.2% from a year earlier, according to its SEC filings.
Is Invitation Homes profitable?
Yes. It earned $682 million in net income over the twelve months to September 30, 2026, a net margin of 23.5%.
Does Invitation Homes have more cash or more debt?
At September 30, 2026 it had $79 million in cash and $8.7 billion in debt, so more debt than cash.
When did Invitation Homes last file financial results?
Its latest quarterly report (10-Q) was filed with the SEC on October 29, 2026.
Which companies are similar to Invitation Homes?
In the S&P 500, Invitation Homes is grouped in Single-Family Residential REITs within the Real Estate sector.
Understand the numbers
Source: Invitation Homes’s filings with the U.S. Securities and Exchange Commission (EDGAR), retrieved November 11, 2026. Figures are as reported by the company and may be restated. This page is for information only and is not financial advice.