What does operating lease ROU assets mean?

Right-of-use assets representing the lessee's right to use leased property over the lease term under ASC 842 operating lease classification.

Invitation Homes INVH Operating Lease ROU Assets

Operating Lease ROU Assets at other companies

AvalonBay CommunitiesAVB

$107.14M-8.6%

Opendoor Technologies IncOPEN

$8M-52.9%

CoStar GroupCSGP

4.7%+0.3pp

Hovnanian Enterprises, Inc.HOV

8.1%-2.1pp

D.R. HortonDHI

$46.5M+7.1%

American Homes 4 RentAMH

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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$17.69B-7.6%

Enterprise value$27.16B+0.4%

P/E30.4×-4.8×

P/S6.3×-0.8×

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 us-gaap:OperatingLeaseRightOfUseAsset.

The official record: Invitation Homes’s 10-Q, filed October 30, 2019, on SEC EDGAR. View the filing →

Questions, answered.

What does operating lease ROU assets mean?: Right-of-use assets representing the lessee's right to use leased property over the lease term under ASC 842 operating lease classification.