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INVH Financial Statements and Analysis

NYSE : INVH

Invitation Homes Inc.

$31.89
-0.35-1.09%
Open: 4:00 PM
66.78
BESG ScoreESG Rating

INVH FINANCIAL STATEMENTS

An instrumental part of fundamental analysis is measuring key indicators of an asset, which are the factors that can influence its value and price. However, sometimes investors show more interest in financial statements with other factors to determine whether investing in that company is the right decision. Financial statements of a company include:

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

INVH Income Statement

A company's income statement helps investors and business owners determine whether the company is profitable or losing money. Profitability is a key factor investors consider before investing in a stock. Income statements provide them with information about a company's profitability over time. The statement also enables them to observe trends in company spending and earnings since it breaks down individual costs and revenues. Income statements also provide details on where a company's money is going when it isn't profitable or its profits fluctuate.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
revenue660.322M674.916M667.603M624.321M612.793M
cost of revenue276.61M441.765M435.349M426.947M252.887M
gross profit383.712M233.151M232.254M197.374M359.906M
gross profit ratio0.5810.3450.3480.3160.587
research and development expenses00000
general and administrative expenses21.727M21.498M23.448M22.387M22.322M
selling and marketing expenses00000
selling general and administrative expenses21.727M21.498M23.448M22.387M22.322M
other expenses0-54.012M-29.393M-25.456M-2.533M
operating expenses383.712M198.12M29.393M25.456M140.949M
cost and expenses499.957M475.409M464.742M452.403M393.836M
interest income000086.736M
interest expense91.06M90.007M89.845M90.049M86.736M
depreciation and amortization180.479M176.622M175.313M173.159M170.696M
ebitda367.117M574.391M567.507M345.077M337.584M
ebitda ratio0.5560.5570.5660.5530.551
operating income181.506M199.507M202.861M171.918M166.888M
operating income ratio0.2750.2960.3040.2750.272
total other income expenses net-86.237M-126.076M-60.075M-91.069M-34.667M
income before tax95.269M30.164M92.288M80.849M132.221M
income before tax ratio0.1440.0450.1380.1290.216
income tax expense309.00K-42.817M628.00K-48.519M79.704M
net income95.269M73.188M142.35M129.546M131.818M
net income ratio0.1440.1080.2130.2070.215
eps0.160.120.150.130.12
eps diluted0.150.120.150.130.12
weighted average shs out612.675M612.629M612.22M612.026M612.001M
weighted average shs out dil613.645M613.823M613.807M613.689M613.58M
Graph

INVH Balance Sheet

Balance sheet summarizes a company's financials and can be used as a basis by investors to determine the value of a company. It shows the value of the stock, as well as the assets and liabilities of the company. A company's balance sheet displays how its assets are put to use and how those assets are financed, based on the liabilities section. Both investors and analysts analyze a company's balance sheet to determine how it allocates its resources.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
cash and cash equivalents1.027B963.178M947.406M897.484M762.638M
short term investments0-142.38M84.339M0134.017M
cash and short term investments1.027B963.178M947.406M897.484M762.638M
net receivables68.40M68.053M70.393M60.81M58.874M
inventory00-84.339M1.084B-134.017M
other current assets438.148M404.75M397.525M-897.484M-1.039B
total current assets1.534B1.222B1.206B1.144B979.891M
property plant equipment net060.884M38.65M45.006M38.183M
goodwill258.207M258.207M258.207M258.207M258.207M
intangible assets00000
goodwill and intangible assets258.207M258.207M258.207M258.207M258.207M
long term investments244.647M411.188M465.172M247.166M258.03M
tax assets078.652M17.264B16.997B17.362B
other non current assets017.208B-21.942M528.896M570.034M
total non current assets502.854M18.017B18.004B18.077B18.486B
other assets17.596B0000
total assets19.633B19.239B19.21B19.221B19.466B
account payables0316.807M240.538M0368.065M
short term debt000644.736M782.00K
tax payables00000
deferred revenue037.50M-6.162M0-2.718M
other current liabilities398.894M37.50M0-444.146M1.936M
total current liabilities398.894M354.307M240.538M200.59M368.065M
long term debt9.047B8.57B8.555B8.546B8.547B
deferred revenue non current00000
deferred tax liabilities non current00000
other non current liabilities235.32M244.892M239.228M283.89M281.347M
total non current liabilities9.282B8.818B8.799B8.83B8.829B
other liabilities00000
capital lease obligations034.002M18.617M15.277M17.142M
total liabilities9.681B9.173B9.04B9.031B9.197B
preferred stock00000
common stock6.126M6.126M6.125M6.12M6.12M
retained earnings-1.276B-1.198B-1.10B-1.071B-1.04B
accumulated other comprehensive income loss21.31M63.981M74.826M63.701M119.728M
other total stockholders equity11.164B11.16B11.154B11.157B11.15B
total stockholders equity9.916B10.031B10.135B10.156B10.236B
total equity9.952B10.067B10.17B10.19B10.27B
total liabilities and stockholders equity19.633B19.239B19.21B19.221B19.466B
minority interest35.587M35.248M35.392M34.464M33.748M
total investments244.647M268.808M465.172M247.166M258.03M
total debt9.009B8.574B8.56B8.546B8.547B
net debt7.982B7.61B7.613B7.649B7.785B
Graph

INVH Cash Flow

A cash flow statement is regarded as a valuable indicator of profitability and the long-term outlook for a company. It assists the company in evaluating whether it has sufficient funds to cover its expenses. Essentially, a cash flow statement represents an organization's financial health. The cash flow statement, which measures the business's ability to operate in the short as well as long term, is broken down into operating, investing, and financing activities.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
deferred income tax000-76.649M-49.384M
stock based compensation5.417M7.492M7.90M8.01M8.929M
change in working capital-109.299M133.575M-24.276M-190.135M151.55M
accounts receivables00000
inventory00000
accounts payables43.247M108.454M41.779M-161.451M119.867M
other working capital40.934M25.121M-66.055M-28.684M31.683M
other non cash items134.902M-19.256M285.08M43.791M6.791M
net cash provided by operating activities308.155M371.414M269.428M87.544M420.803M
investments in property plant and equipment113.573M-60.618M-52.955M-58.704M-59.594M
acquisitions net38.928M-38.181M-747.00K58.704M-192.00K
purchases of investments279.29M-172.653M-111.123M-967.00K-328.00K
sales maturities of investments-219.192M87.021M132.171M234.00K292.00K
other investing activites-499.636M7.51M3.168M-3.223M-617.789M
net cash used for investing activites-287.037M-176.921M-28.739M-3.956M-677.611M
debt repayment-3.603M-4.732M-5.799M-5.295M-155.111M
common stock issued000022.00K
common stock repurchased10.63M-699.00K-9.931M0-22.00K
dividends paid-171.711M-171.703M-173.235M-159.288M-159.289M
other financing activites425.86M-1.587M-11.733M-1.412M931.566M
net cash used provided by financing activities261.176M-178.721M-190.767M-165.995M617.166M
effect of forex changes on cash00000
net change in cash282.294M15.772M49.922M-82.407M360.358M
cash at end of period1.245B963.178M947.406M897.484M979.891M
cash at beginning of period963.178M947.406M897.484M979.891M619.533M
operating cashflow308.155M371.414M269.428M87.544M420.803M
capital expenditure113.573M-60.618M-52.955M-58.704M-59.594M
free cash flow421.728M310.796M216.473M28.84M361.209M
Graph

Frequently Asked Questions

How did Invitation Homes Inc. do last quarter? What was its Total Revenue and Cost of Revenue?

A company's Total Revenue reveals how much money it generates before any expenses or deductions are made. As a result, this metric informs investors/stakeholders how much money the business makes. Tracking and understanding it is essential for evaluating a company's growth. As opposed to revenue, Cost of Revenue is any expenses a business incur to generate revenue. There can be high revenue in a business, but if the costs are high, it won't make a profit and will go out of business when money runs out. Therefore, INVH generated $660.32M in revenue last quarter, while its costs came in at $276.61M.

Last quarter, how much Gross Profit did Invitation Homes Inc. report?

A business's Gross Profit is a key indicator of its profitability and financial performance. In other words, it reflects how efficiently a business uses labor, raw materials, and other resources. Invitation Homes Inc. reported a $383.71M Gross Profit for the quarter ended Sep 30, 2024.

Have INVH's Total Operating Expenses and Operating Income been favorable recently?

Operational Expenses represent the costs a company must incur to generate revenue, which is the ultimate goal of a business, whereas Operating Income shows the revenue left after operational direct and indirect costs have been deducted. INVH incurred $383.71M worth of Operating Expenses, while it generated $181.51M worth of Operating Income.

How much Net Income has INVH posted recently?

The Net Income of a company is one of the factors investors consider when investing in the company. According to recent earnings report from Invitation Homes Inc., the company generated $95.27M in Net Income. When a company has a history of consistent net income, investors are more likely to invest in it since they know they will get a return.

At the end of the last quarter, how much Cash and Equivalents did Invitation Homes Inc. have?

The amount of Cash and Cash Equivalents is an effective indicator of the financial strength and well-being of a company. An excess cash situation occurs when a company has more cash and cash equivalents than it needs for operating activities. The amount of Cash and Cash Equivalents available to Invitation Homes Inc. as of the end of the last quarter was $1.03B.

What are INVH's Total Net Receivables for the last quarter?

Total Net Receivables are a company's outstanding debts to its customers. Therefore, it refers to the amount that a company expects to collect from its customers. The higher a company's net receivables are, the more confident it is that it can collect money from its debtors. As of the end of the last quarter, INVH had Total Net Receivables of $68.40M.

In terms of Total Assets and Current Assets, where did Invitation Homes Inc. stand at?

An asset with an economic value within a year is considered a current asset. Total assets, however, also include long-term fixed assets, intangible assets, and other non-current assets. The current Assets of INVH were $1.53B, while the Total Assets stand at $19.63B.

As of the last quarter, how much Total Debt did Invitation Homes Inc. have?

The total debt of a business refers to how much it borrows. A company's current and long-term liabilities are added together to calculate its Total Debt. A debt ratio may be taken into account on a balance sheet by financial lenders, investors, and business leaders when making informed decisions about future loans or investments. The total amount of INVH's debt was $9.01B at the end of the last quarter.

What were INVH's Total Liabilities during the last reported quarter?

A company's total liabilities are the sum of all debts it is liable for, including any off-balance shee liabilities it may incur. This can be calculated by adding up all short-term and long-term liabilities. In its last quarter, INVH reported total liabilities of $9.68B.

How much did INVH's Working Capital change over the last quarter?

Working Capital Change for INVH was -$109.30M over the last quarter. Working Capital Change refers to the difference between net working capital amounts at the end of one accounting period and the end of another. It tells investors/stakeholders how much the company's cash flow will differ from its Net Income (i.e., after-tax profits). More powerful companies often have positive Change in Working Capital numbers as they have increased control over collecting cash from customers and delaying payments to suppliers.

INVH generated how much cash from operating activities?

An operating cash flow statement usually contains cash from operating activities in the first section. An organization's cash from operating activities refers to the money it takes in and takes out as a result of its regular business operations. INVH generated $308.16M of Cash from Operating Activities during its recently reported quarter.

What was INVH's latest reported Net Change in Cash?

An increase or decrease in cash and cash equivalent balances within a specified period is considered the net change in cash in a cash flow statement. Furthermore, it takes into account cash changes as a result of investments, financing, and operating activities. INVH reported a $282.29M Net Change in Cash in the most recent quarter.

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