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Invitation Homes INVH Chicago — Number of Encumbered Properties

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Other financials

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%
CapEx$6.3M-19.4%
Free cash flow$122.4M-2.1%

Valuation

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Market cap$18.12B-2.3%
Enterprise value$27.59B+4.2%
P/E31.1×-2.9×
P/S6.5×-0.4×

Profitability

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Operating margin15.5%
Net margin20.9%+2.9pp
FCF margin43.2%+3.0pp

Returns & leverage

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

Where this comes from

Reported directly by Invitation Homes in its filing.

Tagged under the XBRL concept invh:SECScheduleIIIRealEstateNumberofEncumberedUnits.

The source filing: Invitation Homes’s 10-K, filed February 19, 2026.

Filed
Feb 19, 2026, 2:47 PM EST
Fiscal year
FY2025
Accession
0001687229-26-000016
MarketNumber of Properties(1)Number of Encumbered Properties(2)Encumbrances(2)Initial Cost to Company / LandInitial Cost to Company / Depreciable PropertiesCost Capitalized Subsequent to Acquisition / LandCost Capitalized Subsequent to Acquisition / Depreciable PropertiesGross Amount at Close of Period / LandGross Amount at Close of Period / Depreciable PropertiesGross Amount at Close of Period / Total(3)Accumulated DepreciationDate of ConstructionDate AcquiredDepreciable Period
Atlanta12,5921,346$173,422$331,617$1,750,993$424,124$331,617$2,175,117$2,506,734$(725,518)1920-20252012-202532 years
Carolinas6,14252681,637234,7611,104,512173,636234,7611,278,1481,512,909(329,881)1900-20252012-202532 years
Chicago2,446123,556304,092141,881123,556445,973569,529(181,101)1877-20152012-201732 years
Dallas3,54051958,993172,167680,77088,254172,167769,024941,191(158,484)1952-20252017-202532 years
Denver2,95346767,927313,367730,514113,497313,367844,0111,157,378(198,296)1885-20252017-202532 years
Houston2,64428024,33399,545428,70759,67199,545488,378587,923(108,880)1954-20252017-202532 years
Jacksonville2,14427441,278104,807300,53580,155104,807380,690485,497(134,302)1955-20252012-202532 years
Las Vegas3,38720938,406160,491697,220105,453160,491802,673963,164(225,465)1964-20192012-202532 years

ITEM 16. FORM 10-K SUMMARY

FAQ

What is Invitation Homes's chicago — number of encumbered properties?
Invitation Homes (INVH) reported chicago — number of encumbered properties of 0 in Q4 2025.
What does chicago — number of encumbered properties mean?
The number of properties within the specified geographic segment that are pledged as collateral for debt obligations. This metric highlights the portion of the portfolio that is not unencumbered and therefore restricted by financing agreements. It is a key indicator of financial flexibility and leverage at the asset level.

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