TTM
31.2%
YoY change
−1.15pp
Trough year (2014)
-4.8%
Peak year (2022)
29.1%
Latest annual
27.1%
Operating Margin history chart for Invitation Homes (INVH) from 2014 to 2025
Latest: 27.1%
Operating Margin change chart for Invitation Homes (INVH) from 2014 to 2025
Latest: −1.15pp
Operating Margin history table for Invitation Homes (INVH) from 2014 to 2025
| 2025 | 27.1% | -1.15pp | ||
| 2024 | 28.3% | -0.46pp | ||
| 2023 | 28.8% | -0.36pp | ||
| 2022 | 29.1% | +1.53pp | ||
| 2021 | 27.6% | +1.93pp | ||
| 2020 | 25.7% | +1.58pp | ||
| 2019 | 24.1% | +4.20pp | ||
| 2018 | 19.9% | +8.68pp | ||
| 2017 | 11.2% | -9.47pp | ||
| 2016 | 20.7% | +7.00pp | ||
| 2015 | 13.7% | +18.51pp | ||
| 2014 | -4.8% | — |
- 202527.1%-1.15pp
- 202428.3%-0.46pp
- 202328.8%-0.36pp
- 202229.1%+1.53pp
- 202127.6%+1.93pp
- 202025.7%+1.58pp
- 201924.1%+4.20pp
- 201819.9%+8.68pp
- 201711.2%-9.47pp
- 201620.7%+7.00pp
- 201513.7%+18.51pp
- 2014-4.8%—
Operating Margin values are taken from Invitation Homes's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Margin at Invitation Homes (INVH)
According to Invitation Homes's latest reported financial statements, the company's latest reported operating margin is 31.2%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of Invitation Homes (INVH) operating margin is 27.15% – contracted 1.2 percentage points year-over-year.
The highest annual operating margin of 29.12% was reported in 2022. The lowest in the available history was -4.83% in 2014.
Invitation Homes Operating Margin by Year
Invitation Homes Operating Margin 2025: 27.1%
Invitation Homes operating margin in 2025 was 27.15%, contracted 1.2 percentage points from 2024.
Invitation Homes Operating Margin 2024: 28.3%
2024's operating margin for Invitation Homes came in at 28.30%, contracted 0.5 percentage points from 2023.
Invitation Homes Operating Margin 2023: 28.8%
Invitation Homes posted operating margin of 28.76% in 2023, contracted 0.4 percentage points from 2022.
Invitation Homes Operating Margin 2022: 29.1%
In 2022, Invitation Homes reported operating margin of 29.12%, expanded 1.5 percentage points from 2021. This figure represents the highest annual value in the available history.
Invitation Homes Operating Margin 2021: 27.6%
Invitation Homes operating margin in 2021 was 27.59%.
See more financial history for Invitation Homes (INVH).
Sector peers by Operating Margin
Real Estate peers of Invitation Homes (INVH), ranked by their latest operating margin
| 50.8% | |
| 48.3% | |
| 44.2% | |
| 38.9% | |
| 29.3% | |
| 20.8% | |
| 14.6% | |
| 4.6% |
- 50.8%
- 44.2%
- 38.9%
- 29.3%
- 20.8%
- 4.6%
Frequently asked questions
Invitation Homes (INVH) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation