Operating Income for Invitation Homes (INVH)
According to Invitation Homes's latest reported financial statements, the company's current operating income (TTM) is $977.62M USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
INVH
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$977.62M
YoY change
-0.0%
5Y CAGR
+9.6%
Peak year (2024)
$741.24M
Cumulative operating income
$5.01B
Operating Income history chart for Invitation Homes (INVH) from 2014 to 2025
Operating Income history table for Invitation Homes (INVH) from 2014 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $740.95M | -0.0% | ||
| 2024 | $741.24M | +6.0% | ||
| 2023 | $699.50M | +7.3% | ||
| 2022 | $651.70M | +18.3% | ||
| 2021 | $550.91M | +17.8% | ||
| 2020 | $467.84M | +10.1% | ||
| 2019 | $425.09M | +24.0% | ||
| 2018 | $342.76M | +190.0% | ||
| 2017 | $118.21M | -38.0% | ||
| 2016 | $190.78M | +66.8% | ||
| 2015 | $114.38M | -459.4% | ||
| 2014 | -$31.82M | — |
Operating Income values are taken from Invitation Homes's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual operating income for Invitation Homes (INVH) came in at $740.95M – edged down 0.0% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Invitation Homes operating income compounded at +9.6% per year, with the latest reading among the more recent periods of the dataset.
$741.24M stands as the all-time-high annual operating income, posted in 2024, against a low of -$31.82M during 2014.
Within Real Estate, Invitation Homes (INVH) ranks 7th among 8 peers we track. The peer median for operating income is $2.05B.
Invitation Homes Operating Income by Year
Invitation Homes Operating Income 2025: $740.95M
Invitation Homes operating income in 2025 was $740.95M, edged down 0.0% below 2024.
Invitation Homes Operating Income 2024: $741.24M
Invitation Homes operating income in 2024 was $741.24M, grew 6.0% from 2023. This figure represents the highest annual value in the available history.
Invitation Homes Operating Income 2023: $699.50M
Invitation Homes operating income in 2023 was $699.50M, grew 7.3% from 2022.
Invitation Homes Operating Income 2022: $651.70M
Invitation Homes operating income in 2022 was $651.70M, grew 18.3% from 2021.
Invitation Homes Operating Income 2021: $550.91M
Invitation Homes operating income in 2021 was $550.91M.
See more financial history for Invitation Homes (INVH).
Sector peers — Operating Income
Companies in the same sector as Invitation Homes, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| American Tower Corporation (AMT) | $4.88B | Real Estate |
| Prologis, Inc. (PLD) | $3.54B | Real Estate |
| Simon Property Group, Inc. (SPG) | $3.18B | Real Estate |
| Public Storage (PSA) | $2.25B | Real Estate |
| Equinix, Inc. (EQIX) | $1.85B | Real Estate |
| Realty Income Corporation (O) | $1.63B | Real Estate |
| Digital Realty Trust, Inc. (DLR) | $658.49M | Real Estate |
| Welltower Inc. (WELL) | $355.17M | Real Estate |
Frequently asked questions
What is Invitation Homes's operating income?
- Latest reported operating income for Invitation Homes (INVH) is $977.62M (period ending December 31, 2025).
How has Invitation Homes operating income changed year-over-year?
- Invitation Homes (INVH) operating income changed -0.0% year-over-year on the latest annual filing.
What is the long-term growth rate of Invitation Homes operating income?
- Invitation Homes (INVH) operating income compound annual growth rate is +9.6% over the most recent 5 years available.
When did Invitation Homes operating income hit its highest annual value?
- Invitation Homes operating income reached its highest annual value of $741.24M in 2024.
What was Invitation Homes operating income in 2024?
- Invitation Homes (INVH) operating income in 2024 was $741.24M.
What was Invitation Homes operating income in 2025?
- Invitation Homes (INVH) operating income in 2025 was $740.95M.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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