Invitation Homes Past Earnings Performance
Past criteria checks 3/6
Invitation Homes has been growing earnings at an average annual rate of 36.6%, while the Residential REITs industry saw earnings growing at 25.5% annually. Revenues have been growing at an average rate of 7.4% per year. Invitation Homes's return on equity is 5.1%, and it has net margins of 21.5%.
Key information
36.6%
Earnings growth rate
33.8%
EPS growth rate
| Residential REITs Industry Growth | 11.2% |
| Revenue growth rate | 7.4% |
| Return on equity | 5.1% |
| Net Margin | 21.5% |
| Next Earnings Update | 30 Apr 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 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: 4IV has a large one-off gain of $174.3M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: 4IV's current net profit margins (21.5%) are higher than last year (17.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 4IV has become profitable over the past 5 years, growing earnings by 36.6% per year.
Accelerating Growth: 4IV's earnings growth over the past year (35.6%) is below its 5-year average (36.6% per year).
Earnings vs Industry: 4IV earnings growth over the past year (35.6%) exceeded the Residential REITs industry 35.5%.
Return on Equity
High ROE: 4IV's Return on Equity (5.1%) is considered low.