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Invitation Homes

INVH

Invitation Homes is a leading owner and operator of single-family homes for lease, focused on providing high-quality housing in sought-after neighborhoods across the United States.

Market cap
$17.45B-12.1%
Revenue$2.8B+5.4%
Net income$582.7M+22.1%
EPS (diluted)$0.95+23.4%
Trailing twelve months · change vs. prior year

Earnings

Next report

Jul 29, 2026 (In 2 weeks)
Revenue estimate$713.4M
EPS estimate$0.17

Financials

Q1 2026

Income statement

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Revenue$734.1M+8.8%
Net income$160.5M-3.2%
EPS (diluted)$0.26-3.7%

Balance sheet

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Cash & equivalents$373.0M+17.1%
Total debt$9.8B+21.0%
Total equity$9.1B-6.5%
Total assets$18.7B+0.7%

Cash flow

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Operating cash flow$293.0M-2.5%

Valuation & ratios

Valuation

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Market cap$17.45B-12.1%
Enterprise value$26.92B-2.9%
P/E29.9×-6.4×
P/S6.3×-1.1×

Profitability

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Net margin20.9%+2.9pp

Returns & leverage

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Return on equity6.2%+1.4pp
Debt / equity1.1×+0.2×

Competitors

Profile

Invitation Homes is a leading owner and operator of single-family homes for lease, focused on providing high-quality housing in sought-after neighborhoods across the United States. The company leverages a vertically integrated operating platform to manage the entire lifecycle of residential properties, including acquisition, renovation, leasing, and maintenance. Its core value proposition centers on offering residents the flexibility of leasing with the benefits of professional property management in markets with strong demand and high barriers to entry.

Competitive position

A leading institutional owner of single-family rentals with a concentrated footprint in 16 core markets, utilizing significant local density to achieve economies of scale.

GeographiesUnited States, Western United States, Florida, Southeast United States
Customer segmentsResidential tenants, Institutional investors
Business modelRental income, Asset management fees, Vertically integrated operator
SuppliersHomebuilders, Building material suppliers, Land developers, Municipalities (zoning/permitting)
CustomersIndividual residents, Joint venture partners, Institutional property owners
Listed2017
Employees1.6K
CEODallas Tanner
FilingsSEC EDGAR

Questions, answered.

What is Invitation Homes's market cap?
Invitation Homes (INVH) has a market capitalization of $17.4B and trades on NYSE.
What is Invitation Homes's revenue and profitability?
Invitation Homes generated $2.8B in trailing twelve-month revenue with net income of $582.7M, representing a net margin of 20.9%. These figures are based on the Q1 2026 filing.
Who are Invitation Homes's competitors?
Invitation Homes's key competitors include American Homes 4 Rent, AvalonBay Communities, Inc., Equity Lifestyle Properties, Inc., and others. These companies compete in similar markets and product categories.
Who does Invitation Homes partner with?
Invitation Homes's notable partners include Zillow, Trulia, HotPads, and others.
What subsidiaries does Invitation Homes have?
Invitation Homes's subsidiaries include ResiBuilt Homes, LLC, INVH LP, Invitation Homes OP GP LLC.
Where is Invitation Homes headquartered?
Invitation Homes is headquartered in United States of America and employs approximately 1,555 people. It has been publicly traded since 2017.