Invitation Homes Past Earnings Performance
Past criteria checks 3/6
Invitation Homes has been growing earnings at an average annual rate of 33.4%, while the Residential REITs industry saw earnings growing at 12.7% annually. Revenues have been growing at an average rate of 7.8% per year. Invitation Homes's return on equity is 5.3%, and it has net margins of 21.9%.
Key information
33.4%
Earnings growth rate
30.5%
EPS growth rate
Residential REITs Industry Growth | 19.5% |
Revenue growth rate | 7.8% |
Return on equity | 5.3% |
Net Margin | 21.9% |
Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Invitation Homes makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
31 Mar 24 | 2,470 | 541 | 87 | 0 |
31 Dec 23 | 2,414 | 519 | 81 | 0 |
30 Sep 23 | 2,373 | 490 | 76 | 0 |
30 Jun 23 | 2,328 | 437 | 74 | 0 |
31 Mar 23 | 2,284 | 410 | 73 | 0 |
31 Dec 22 | 2,229 | 383 | 74 | 0 |
30 Sep 22 | 2,171 | 357 | 76 | 0 |
30 Jun 22 | 2,112 | 347 | 75 | 0 |
31 Mar 22 | 2,049 | 296 | 76 | 0 |
31 Dec 21 | 1,995 | 261 | 75 | 0 |
30 Sep 21 | 1,941 | 257 | 72 | 0 |
30 Jun 21 | 1,891 | 221 | 71 | 0 |
31 Mar 21 | 1,849 | 203 | 65 | 0 |
31 Dec 20 | 1,823 | 196 | 63 | 0 |
30 Sep 20 | 1,803 | 177 | 62 | 0 |
30 Jun 20 | 1,787 | 178 | 60 | 0 |
31 Mar 20 | 1,779 | 174 | 67 | 0 |
31 Dec 19 | 1,765 | 145 | 61 | 0 |
30 Sep 19 | 1,753 | 118 | 67 | 0 |
30 Jun 19 | 1,744 | 85 | 68 | 0 |
31 Mar 19 | 1,735 | 32 | 70 | 0 |
31 Dec 18 | 1,723 | -6 | 82 | 0 |
30 Sep 18 | 1,620 | -77 | 89 | 0 |
30 Jun 18 | 1,430 | -101 | 85 | 0 |
31 Mar 18 | 1,239 | -81 | 80 | 0 |
31 Dec 17 | 1,054 | -89 | 118 | 0 |
30 Sep 17 | 959 | -69 | 102 | 0 |
30 Jun 17 | 949 | -69 | 102 | 0 |
31 Mar 17 | 937 | -94 | 99 | 0 |
31 Dec 16 | 923 | -78 | 56 | 0 |
30 Sep 16 | 905 | -90 | 65 | 0 |
30 Jun 16 | 885 | -100 | 61 | 0 |
31 Mar 16 | 858 | -125 | 70 | 0 |
31 Dec 15 | 836 | -160 | 79 | 0 |
31 Dec 14 | 659 | -270 | 88 | 0 |
Quality Earnings: I2NV34 has a large one-off gain of $191.9M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: I2NV34's current net profit margins (21.9%) are higher than last year (18%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: I2NV34's earnings have grown significantly by 33.4% per year over the past 5 years.
Accelerating Growth: I2NV34's earnings growth over the past year (31.8%) is below its 5-year average (33.4% per year).
Earnings vs Industry: I2NV34 earnings growth over the past year (31.8%) exceeded the Residential REITs industry 5.6%.
Return on Equity
High ROE: I2NV34's Return on Equity (5.3%) is considered low.