Invitation Homes Inc. Financial Ratios — INVH Stock

Profitability (USD)

	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	-7.38	-4.07	-2.01	-0.06	1.77	2.35	2.86	3.82	5.08	4.56	6.1
Return on Assets (%)	- -	-1.69	-0.8	-0.74	-0.03	0.82	1.12	1.45	2.07	2.75	2.39	3.15
Return on Capital (%)	- -	- -	- -	- -	- -	2.57	3.09	3.39	3.82	4.62	4.46	5.23
Return on Invested Capital (%)	- -	- -	- -	- -	- -	2.05	2.63	3.15	3.47	3.75	3.58	4.12
Gross Margin (%)	41.83	53.66	57.64	58.76	58.16	58.54	59.45	61.05	60.94	59.87	59.04	58.42
EBITDA Margin (%)	27.93	43.61	49.69	40.57	51.22	53.27	55.94	56.81	56.35	56.13	52.41	54.52
Operating Margin (%)	-4.32	14.23	21.13	13.5	19.89	24.09	25.67	27.59	29.12	28.76	28.3	27.57
Incremental Operating Margin (%)	- -	83.12	87.85	- -	29.99	197.33	73.52	47.8	41.73	24.62	22.36	10.11
Pretax Margin (%)	-40.93	-19.43	-8.48	-10.04	-0.29	8.34	10.83	13.16	17.19	21.42	17.39	21.61
Profit Margin (%)	-40.97	-19.16	-8.48	-9.99	-0.29	8.24	10.76	13.09	17.13	21.36	17.33	21.54
Net Income to Common Margin (%)	-40.97	-19.16	-8.48	-9.99	-0.29	8.24	10.76	13.09	17.13	21.36	17.33	21.54
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dvd Payout Ratio (%)	-292.11	-420.03	- -	-64.9	-4,512.1	185.99	167.17	149.1	139.55	122.11	150.88	120.43
Sustainable Growth Rate (%)	- -	-38.36	-4.07	-3.32	-2.72	-1.52	-1.58	-1.4	-1.51	-1.12	-2.32	-1.25

Credit (USD)

Credit Ratios API ChatGPT

	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	6,565	7,726	7,570	9,652	12,455	10,630	8,032	7,999	7,769	8,546	8,202	8,380
ST Debt	3,391	2,348	2,316	35	3,205	2,162	- -	- -	- -	- -	570	145
LT Debt	3,174	5,378	5,255	9,617	9,250	8,467	8,032	7,999	7,769	8,546	7,632	8,235
Total Debt/EBITDA	35.68	21.19	16.51	22.56	14.11	11.31	7.88	7.05	6.16	6.26	5.98	5.63
Net Debt/EBITDA	34.13	20.44	16.08	22.14	13.95	11.21	7.67	6.51	5.95	5.75	5.85	5.54
Total Debt/EBIT	-206.29	67.55	39.68	81.65	38.69	26.16	17.19	14.75	12.47	12.37	12.46	11.31
Net Debt/EBIT	-197.31	65.15	38.64	80.13	38.24	25.93	16.74	13.63	12.05	11.36	12.19	11.13
EBITDA to Interest Expense	0.78	1.33	1.6	1.66	2.3	2.56	2.88	3.52	4.15	4.09	3.75	4.21
EBITDA-CapEx/Interest Expense	0.78	1.33	1.6	1.66	2.3	2.56	2.88	3.52	4.15	4.09	3.75	4.21
EBIT to Interest Expense	-0.12	0.43	0.68	0.55	0.89	1.16	1.32	1.71	2.14	2.1	2.02	2.13
Interest Expense	236	274	286	257	384	367	354	323	304	333	366	353
Common Equity/Total Assets	26.7	19.26	20.11	45.48	45.56	47.23	48.58	52.85	55.52	52.84	52.17	51.02
Long-Term Debt/Equity (%)	129.2	285.01	268.45	111.18	110.52	102.44	93.87	81.3	75.26	83.86	77.94	86.07
Long-Term Debt/Capital (%)	35.18	55.95	55.15	52.55	44.42	44.81	48.42	44.84	42.94	45.61	42.41	45.88
Long-Term Debt/Total Assets (%)	34.5	54.9	53.99	51.47	51.21	48.68	45.88	43.15	41.91	44.46	40.81	44.08
Total Debt/Equity (%)	267.22	409.42	386.75	111.58	148.82	128.6	93.87	81.3	75.26	83.86	83.76	87.58
Total Debt/Capital (%)	72.77	80.37	79.46	52.74	59.81	56.25	48.42	44.84	42.94	45.61	45.58	46.69
Total Debt/Total Assets (%)	71.36	78.86	77.78	51.66	68.95	61.12	45.88	43.15	41.91	44.46	43.86	44.86
Net Debt to Equity	255.6	394.86	376.63	109.5	147.09	127.48	91.37	75.1	72.71	76.99	81.98	86.23
Net Debt/Capital (%)	71.88	79.79	79.02	52.27	59.53	56.04	47.75	42.89	42.1	43.5	45.05	46.3
EBITDA	184	365	458	428	882	940	1,020	1,134	1,261	1,365	1,373	1,488
EBITDA-CapEx	184	365	458	428	882	940	1,020	1,134	1,261	1,365	1,373	1,488
Operating Income (Loss)	-28	119	195	142	343	425	468	551	652	700	741	752

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	0.08	0.11	0.08	0.79	0.85	0.5	1.43	3.15	1.32	3.49	0.21	0.35
Current Ratio	0.17	0.22	0.21	2.36	3.41	2.48	3.59	5.06	3.41	5.71	0.82	1.52
Quick Ratio	0.08	0.12	0.09	0.89	1.05	0.63	1.67	3.34	1.6	3.8	0.29	0.51
CFO/Avg Current Liab	- -	0.07	0.11	0.2	2.82	3.72	4.15	5.29	5.22	5.55	2.12	2.02
Common Equity/Total Assets	26.7	19.26	20.11	45.48	45.56	47.23	48.58	52.85	55.52	52.84	52.17	51.02
Long-Term Debt/Equity (%)	129.2	285.01	268.45	111.18	110.52	102.44	93.87	81.3	75.26	83.86	77.94	86.07
Long-Term Debt/Capital (%)	35.18	55.95	55.15	52.55	44.42	44.81	48.42	44.84	42.94	45.61	42.41	45.88
Long-Term Debt/Total Assets (%)	34.5	54.9	53.99	51.47	51.21	48.68	45.88	43.15	41.91	44.46	40.81	44.08
Total Debt/Equity (%)	267.22	409.42	386.75	111.58	148.82	128.6	93.87	81.3	75.26	83.86	83.76	87.58
Total Debt/Capital (%)	72.77	80.37	79.46	52.74	59.81	56.25	48.42	44.84	42.94	45.61	45.58	46.69
Total Debt/Total Assets (%)	71.36	78.86	77.78	51.66	68.95	61.12	45.88	43.15	41.91	44.46	43.86	44.86
CFO/Total Liabilities	0.72	2.5	3.29	2.62	5.79	7.25	7.78	10.43	12.46	12.26	12.14	13.24
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	- -	- -	- -	0.82	0.85	1.24	1.29	- -	1.85	1.63	1.55	1.59

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	- -	115.93	90.23	58.37	59.78	60.47	60.26	54.91	48.89	42.34	42.92	45.04
Days Sales Outstanding	- -	3.15	4.05	6.25	6.11	6.04	6.06	6.65	7.47	8.62	8.5	8.1
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	- -	- -	12,158	11,171	16,391	16,756	- -	22,623	21,095	20,745	21,554
- Cash & Cash Equivalents	286	275	198	180	145	92	213	610	263	701	174	130
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	152	140	52	51	41	32	34	36	38
+ Total Debt	6,565	7,726	7,570	9,652	12,455	10,630	8,032	7,999	7,769	8,546	8,202	8,380
Enterprise Value	- -	- -	- -	21,782	23,621	26,981	24,625	- -	30,161	28,975	28,808	29,842
Total Capital	9,021	9,613	9,528	18,302	20,824	18,896	16,588	17,837	18,093	18,736	17,995	17,948
Total Debt/Capital (%)	72.77	80.37	79.46	52.74	59.81	56.25	48.42	44.84	42.94	45.61	45.58	46.69
Total Debt / EV	- -	- -	- -	0.44	0.53	0.39	0.33	- -	0.26	0.29	0.28	0.28
EV/Sales	- -	- -	- -	20.66	13.71	15.29	13.51	- -	13.48	11.91	11	10.93
EV/EBITDA	- -	- -	- -	50.92	26.77	28.7	24.15	- -	23.92	21.22	20.99	20.06
EV/EBIT	- -	- -	- -	184.27	73.37	66.4	52.72	- -	48.41	41.94	43.76	40.27
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	26.21	23.44	- -	22.72	20.11	19.9	19.13
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	26.21	23.44	- -	22.72	20.11	19.9	19.13
Diluted Market Cap	- -	- -	- -	7,949	11,165	16,115	16,412	- -	22,612	21,141	20,779	21,638
Diluted Enterprise Value	- -	- -	- -	17,573	23,615	26,704	24,281	- -	30,150	29,021	28,843	29,926
EV per Share	- -	- -	- -	41.96	45.37	49.81	43.42	- -	49.33	47.35	47.03	48.86
TTM Sales	659	836	923	1,054	1,723	1,765	1,823	1,997	2,238	2,432	2,619	2,729
TTM EBITDA	184	365	458	428	882	940	1,020	1,134	1,261	1,365	1,373	1,488
TTM Operating Income	-28	119	195	142	343	425	468	551	652	700	741	752
TTM Cash Flow to Firm	- -	- -	- -	- -	- -	1,029	1,051	1,230	1,328	1,441	1,448	1,560
TTM Free Cash Flow to Firm	- -	- -	- -	- -	- -	1,029	1,051	1,230	1,328	1,441	1,448	1,560

Multiples (USD)

Valuation Multiples API ChatGPT

	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	- -	- -	- -	30.23	19.89	24.34	23.56	- -	22.09	19.1	19.21	17.94
EV/EBIT	- -	- -	- -	184.27	73.37	66.4	52.72	- -	48.41	41.94	43.76	40.27
Enterprise Value	- -	- -	- -	21,782	23,621	26,981	24,625	- -	30,161	28,975	28,808	29,842
Low Price	- -	- -	- -	21.38	21.46	19.76	29.48	- -	28.91	31.31	31.74	31.15
EV/Sales	- -	- -	- -	20.66	13.71	15.29	13.51	- -	13.48	11.91	11	10.93
EV/EBITDA	- -	- -	- -	50.92	26.77	28.7	24.15	- -	23.92	21.22	20.99	20.06
Price/Earnings	- -	- -	- -	- -	- -	110.52	83.42	- -	58.86	40.61	45.7	36.79
Price/Earnings Average	- -	- -	- -	- -	- -	94.87	88.68	- -	54.01	38.91	45.53	34.29
Price/Earnings High	- -	- -	- -	- -	- -	110.52	91.66	- -	58.86	40.8	48.47	36.79
Price/Earnings Low	- -	- -	- -	- -	- -	72.16	83.25	- -	45.98	36.88	42.84	32.48
Price/Book Value	- -	- -	- -	1.43	1.36	2	1.97	- -	2.2	2.08	2.13	2.26
Price/Book Value Average	- -	- -	- -	1.38	1.44	1.71	2.09	- -	2.02	1.99	2.12	2.11
Price/Book Value High	- -	- -	- -	1.47	1.48	2	2.16	- -	2.2	2.09	2.26	2.26
Price/Book Value Low	- -	- -	- -	1.31	1.36	1.3	1.97	- -	1.72	1.89	1.99	2
Price/Tangible Book Value	- -	- -	- -	1.48	1.4	2.06	2.03	- -	2.25	2.13	2.18	2.32
Price/Tangible Book Value Average	- -	- -	- -	1.43	1.49	1.77	2.16	- -	2.07	2.04	2.18	2.17
Price/Tangible Book Value High	- -	- -	- -	1.52	1.53	2.06	2.23	- -	2.25	2.14	2.32	2.32
Price/Tangible Book Value Low	- -	- -	- -	1.35	1.4	1.35	2.03	- -	1.76	1.94	2.05	2.05
Price/Sales	- -	- -	- -	7.54	6.48	9.11	8.98	- -	10.08	8.67	7.92	7.93
Price/Sales Average	- -	- -	- -	7.29	6.89	7.82	9.55	- -	9.25	8.31	7.89	7.39
Price/Sales High	- -	- -	- -	7.74	7.07	9.11	9.87	- -	10.08	8.71	8.4	7.93
Price/Sales Low	- -	- -	- -	6.88	6.48	5.95	8.96	- -	7.88	7.88	7.42	7
Price/Cash Flow	- -	- -	- -	30.23	19.89	24.28	23.49	- -	22.04	19.05	19.17	17.93
Price/Cash Flow Average	- -	- -	- -	29.23	21.14	20.84	24.97	- -	20.22	18.26	19.1	16.71
Price/Cash Flow High	- -	- -	- -	31.04	21.71	24.28	25.81	- -	22.04	19.14	20.34	17.93
Price/Cash Flow Low	- -	- -	- -	27.59	19.89	15.85	23.44	- -	17.22	17.3	17.97	15.83
Price/Free Cash Flow Average	- -	- -	- -	29.23	21.14	20.89	25.04	- -	20.27	18.3	19.14	16.72
Price/Free Cash Flow High	- -	- -	- -	31.04	21.71	24.34	25.88	- -	22.09	19.19	20.37	17.94
Price/Free Cash Flow Low	- -	- -	- -	27.59	19.89	15.89	23.51	- -	17.26	17.34	18.01	15.84
EV/Sales Average	- -	- -	- -	20.28	14.12	13.97	14.09	- -	12.64	11.55	10.97	10.4
EV/Sales High	- -	- -	- -	20.97	14.3	15.29	14.42	- -	13.48	11.95	11.48	10.93
EV/Sales Low	- -	- -	- -	19.65	13.71	12.07	13.49	- -	11.26	11.12	10.5	10.01
EV/EBITDA Average	- -	- -	- -	49.98	27.56	26.23	25.19	- -	22.44	20.58	20.93	19.07
EV/EBITDA High	- -	- -	- -	51.68	27.92	28.7	25.77	- -	23.92	21.3	21.91	20.06
EV/EBITDA Low	- -	- -	- -	48.44	26.77	22.65	24.12	- -	19.99	19.81	20.04	18.36
EV/EBIT Average	- -	- -	- -	180.89	75.54	60.69	54.98	- -	45.42	40.66	43.64	38.3
EV/EBIT High	- -	- -	- -	187.04	76.53	66.4	56.26	- -	48.41	42.08	45.67	40.27
EV/EBIT Low	- -	- -	- -	175.3	73.37	52.4	52.64	- -	40.47	39.14	41.79	36.87
Last Price	- -	- -	- -	23.42	21.46	30.26	29.55	- -	37	34.47	33.86	35.29
High Price	- -	- -	- -	24.05	23.41	30.26	32.46	- -	37	34.64	35.92	35.29
Enterprise Value Average	- -	- -	- -	21,383	24,321	24,660	25,682	- -	28,296	28,094	28,731	28,377
Enterprise Value High	- -	- -	- -	22,110	24,639	26,981	26,280	- -	30,161	29,076	30,068	29,842
Enterprise Value Low	- -	- -	- -	20,721	23,621	21,292	24,591	- -	25,212	27,039	27,510	27,316

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Shares Outstanding	302	302	302	519	521	542	567	601	611	612	613	611
Diluted Weighted Avg Shares	302	302	302	339	520	532	555	579	611	613	614	613
Basic Weighted Avg Shares	302	302	302	339	520	531	554	578	610	612	613	613
Revenue per Share	2.18	2.77	3.05	3.11	3.31	3.32	3.29	3.46	3.67	3.98	4.28	4.45
EBITDA per Share	0.61	1.21	1.52	1.26	1.7	1.77	1.84	1.96	2.07	2.23	2.24	2.43
Operating Income per Share	-0.09	0.39	0.65	0.42	0.66	0.8	0.84	0.95	1.07	1.14	1.21	1.23
Basic EPS, GAAP	-0.89	-0.53	-0.26	-0.31	-0.01	0.27	0.35	0.45	0.63	0.85	0.74	0.96
Basic EPS from Cont Ops	-0.89	-0.54	-0.26	-0.31	-0.01	0.28	0.36	0.45	0.63	0.85	0.74	0.96
Diluted EPS, GAAP	-0.89	-0.53	-0.26	-0.31	-0.01	0.27	0.35	0.45	0.63	0.85	0.74	0.96
Diluted EPS from Cont Ops	-0.89	-0.54	-0.26	-0.31	-0.01	0.28	0.36	0.45	0.63	0.85	0.74	0.96
Dividend per Share	2.61	2.26	- -	0.2	0.44	0.52	0.6	0.68	0.88	1.04	1.13	1.16
Cash Flow per Share	0.16	0.65	0.85	0.77	1.08	1.25	1.26	1.57	1.68	1.81	1.77	1.97
Free Cash Flow per Basic Share	0.16	0.65	0.85	0.77	1.08	1.25	1.26	1.57	1.68	1.81	1.77	1.97
Cash & Equivalents per Share	0.95	0.91	0.66	0.35	0.28	0.17	0.38	1.02	0.43	1.14	0.28	0.21
Book Value per Share	8.13	6.25	6.48	16.37	15.81	15.17	15	16.3	16.83	16.6	15.93	15.6
Tangible Book Value per Share	8.13	6.25	6.48	15.8	15.31	14.69	14.54	15.87	16.41	16.17	15.51	15.18