← Invitation Homes Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | ($78.2m) |
($105.3m)
-34.63%
|
($4.9m)
+95.32%
|
$145.5m
+3052.36%
|
$196.2m
+34.89%
|
$261.4m
+33.24%
|
$383.3m
+46.63%
|
$519.5m
+35.52%
|
$453.9m
-12.62%
|
$587.9m
+29.52%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | ($78.2m) |
($89.1m)
-13.85%
|
($5.7m)
+93.55%
|
$145.1m
+2625.56%
|
$195.8m
+34.95%
|
$261.1m
+33.37%
|
$382.7m
+46.56%
|
$518.8m
+35.57%
|
$453.2m
-12.65%
|
$587.0m
+29.53%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ($78.2m) | ($88.9m) | ($5.0m) | $147.1m | $197.4m | $262.8m | $384.8m | $521.0m | $455.4m | $589.9m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $0 | ($489k) | ($86k) | $1.6m | $1.2m | $1.4m | $1.5m | $1.6m | $1.4m | $2.0m | — | |
| Amortization of Debt Issuance Costs | $45.8m | $22.3m | $27.2m | $39.3m | $25.8m | $13.1m | $15.0m | $16.2m | $18.6m | $21.5m | — | |
| Depreciation | $267.7m | $309.6m | $560.5m | $533.7m | $552.5m | $592.1m | $638.1m | $674.3m | $714.3m | $746.9m | $746.9m | |
| Share-based Payment Arrangement, Noncash Expense | $10.2m | $81.2m | $29.5m | $18.2m | $17.1m | $27.2m | $29.0m | $29.5m | $27.9m | $27.8m | $29.3m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $0 | $15.9m | $9.2m | $8.2m | $4.4m | $9.4m | $12.9m | $8.1m | $10.9m | $5.8m | — | |
| Share-based Payment Arrangement, Expense | $10.2m | $81.2m | $29.5m | $18.2m | $17.1m | $27.2m | $29.0m | $29.5m | $27.9m | $27.8m | $29.3m | |
| Goodwill, Impairment Loss | — | — | — | — | — | $0 | $0 | $0 | $0 | $0 | $2.0m | |
| Operating Lease, Impairment Loss | — | — | — | — | $1.8m | — | — | — | — | — | — | |
| Asset Impairment Charge | — | — | — | — | — | — | $310k | $427k | $506k | $657k | $2.0m | |
| Income (Loss) from Equity Method Investments | — | — | — | — | $599k | ($1.5m) | ($9.6m) | ($17.9m) | ($28.4m) | ($11.6m) | — | |
| Nonoperating Income (Expense) | ($287.6m) | ($257.9m) | — | — | — | — | — | — | — | — | — | |
| Other Nonoperating Income (Expense) | ($1.6m) | ($959k) | $7.0m | $11.6m | ($86k) | ($5.8m) | ($11.3m) | ($2.4m) | ($54.0m) | ($4.3m) | — | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | — | — | $11.4m | $20.6m | $31.1m | $14.0m | $10.8m | |
| Income (Loss) from Equity Method Investments, Net of Dividends or Distributions | — | — | — | — | — | ($2.0m) | ($11.4m) | ($20.6m) | ($31.1m) | ($14.0m) | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($10.4m) | $12.0m | $20.9m | $17.6m | $4.4m | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | ($6.0m) | $24.4m | $46.5m | $19.6m | $7.5m | |
| Increase (Decrease) in Other Operating Assets | $14.5m | $10.6m | $14.1m | $10.9m | $38.0m | $15.1m | $10.9m | $24.5m | $29.2m | $8.8m | — | |
| Change In Other Current Assets | — | — | — | — | — | — | ($10.9m) | ($24.5m) | ($29.2m) | ($8.8m) | $7.9m | |
| Change In Other Current Liabilities | — | — | — | — | — | — | $6.5m | $12.1m | $3.6m | $6.8m | ($9.5m) | |
| Net Cash Provided by (Used in) Operating Activities | $250.1m |
$259.8m
+3.86%
|
$561.2m
+116.04%
|
$662.1m
+17.98%
|
$696.7m
+5.22%
|
$907.7m
+30.28%
|
$1.0b
+12.77%
|
$1.1b
+8.16%
|
$1.1b
-2.28%
|
$1.2b
+11.50%
|
$1.2b
-0.52%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $3.9m | $4.1m | — | — | — | — | ($208.1m) | ($221.1m) | ($219.4m) | ($242.8m) | ($243.2m) | |
| Capital Expenditure Reported | — | $4.1m | — | — | — | — | ($208.1m) | ($221.1m) | ($219.4m) | ($242.8m) | ($243.2m) | |
| Payments to Acquire Investments | $16.0m | $95.2m | $211.7m | $0 | $0 | — | — | — | — | — | ($5.3m) | |
| Payments for (Proceeds from) Other Investing Activities | $0 | ($2.2m) | $9.3m | ($4.8m) | $2.2m | $20.8m | $38.5m | $27.1m | $65.1m | $77.5m | — | |
| Net Other Investing Changes | — | — | — | — | — | — | ($22.7m) | ($27.1m) | ($65.1m) | ($77.5m) | ($29.1m) | |
| Net Cash Provided by (Used in) Investing Activities | ($255.0m) | $53.3m | $63.0m | $102.2m | ($425.2m) | ($1.2b) | ($814.4m) | ($773.6m) | ($465.9m) | ($652.6m) | ($154.6m) | |
| Cash flows from financing activities: | ||||||||||||
| Issuance Of Debt | — | — | — | — | — | — | $1.5b | $940.1m | $3.0b | $1.1b | $1.4b | |
| Long Term Debt Issuance | — | — | — | — | — | — | $1.5b | $940.1m | $3.0b | $1.1b | $1.4b | |
| Long Term Debt Payments | — | — | — | — | — | — | ($1.5b) | ($170.7m) | ($3.3b) | ($973.8m) | ($1.1b) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($88.8m) | $769.4m | ($331.5m) | $168.1m | $336.7m | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($88.8m) | $769.4m | ($331.5m) | $168.1m | $336.7m | |
| Net Short Term Debt Issuance | — | — | — | — | — | $0 | $0 | — | — | — | — | |
| Repayment Of Debt | — | — | — | — | — | — | ($1.5b) | ($170.7m) | ($3.3b) | ($973.8m) | ($1.1b) | |
| Short Term Debt Issuance | — | — | — | — | — | $400.0m | $130.0m | — | — | — | — | |
| Short Term Debt Payments | — | — | — | — | — | ($400.0m) | ($130.0m) | — | — | — | — | |
| Payments for Repurchase of Common Stock | — | — | — | — | — | — | — | — | — | $53.2m | — | |
| Proceeds from Issuance of Common Stock | — | — | $0 | $55.3m | $686.7m | $933.8m | $98.4m | $0 | $0 | — | $0 | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($539.0m) | ($638.1m) | ($689.2m) | ($712.8m) | ($719.9m) | |
| Common Stock Issuance | — | — | — | — | — | $933.8m | $98.4m | $0 | $0 | ($53.2m) | $0 | |
| Common Stock Payments | — | — | — | — | — | — | — | $0 | $0 | ($53.2m) | ($600.5m) | |
| Issuance Of Capital Stock | — | — | — | — | — | $933.8m | $98.4m | $0 | $0 | — | $0 | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | — | $0 | $0 | ($53.2m) | ($600.5m) | |
| Dividends paid | $0 | $69.0m | $230.1m | $276.7m | $332.2m | $393.8m | $539.0m | $638.1m | $689.2m | $712.8m | ($719.9m) | |
| Dividends Payable | — | — | — | — | — | — | — | — | $177.0m | $184.0m | — | |
| Cash Dividends Paid | — | — | — | — | — | — | ($539.0m) | ($638.1m) | ($689.2m) | ($712.8m) | ($719.9m) | |
| Dividends Received CFI | — | — | — | — | — | — | $6.1m | $13.2m | $18.7m | $19.6m | $13.7m | |
| Proceeds from (Payments for) Other Financing Activities | — | — | ($1.7m) | ($8.9m) | ($17.9m) | ($23.7m) | ($16.3m) | ($3.0m) | ($4.5m) | ($3.4m) | — | |
| Net Other Financing Charges | — | — | — | — | — | — | ($44.6m) | ($21.3m) | ($73.0m) | ($20.5m) | ($18.1m) | |
| Net Cash Provided by (Used in) Financing Activities | ($71.8m) |
($331.3m)
-361.51%
|
($680.8m)
-105.49%
|
($838.1m)
-23.10%
|
($146.0m)
+82.58%
|
$659.0m
+551.26%
|
($574.1m)
-187.12%
|
$110.0m
+119.16%
|
($1.1b)
-1094.11%
|
($618.5m)
+43.45%
|
($1.0b)
-61.97%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $420.2m | $416.6m | ($56.6m) | ($73.7m) | $125.5m | $407.1m | ($364.9m) | $443.6m | ($477.8m) | ($64.8m) | $327.3m | |
| Beginning Cash Position | — | — | — | — | — | — | $818.9m | $453.9m | $897.5m | $419.7m | $283.7m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($73.8m) | ($3.6m) | $360.0m | $286.2m | $411.8m | $818.9m | $453.9m | $897.5m | $419.7m | $354.9m | $327.3m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $223.2m | $226.3m | $336.0m | $322.1m | $313.1m | $285.5m | $275.7m | $290.6m | $321.3m | $322.9m | — | |
| Income Taxes Paid, Net | $0 | $2.5m | $2.1m | $2.8m | $1.3m | $809k | $1.5m | $245k | $158k | $84k | — | |
| Additional Financial Items | ||||||||||||
| Derivative, Gain (Loss) on Derivative, Net | — | — | — | — | — | $113.4m | $327.3m | $39.5m | $73.0m | ($24.3m) | — | |
| Equity Securities, FV-NI, Gain (Loss) | — | — | $0 | $6.5m | — | ($9.4m) | ($3.9m) | $350k | $1.0m | $318k | — | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | — | — | — | ($5.5m) | ($1.5m) | $0 | $1.6m | $207k | — | |
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | — | — | $29.7m | ($3.9m) | ($2.5m) | $350k | ($589k) | $111k | — | |
| Gain (Loss) on Sale of Properties | $18.6m | $33.9m | $49.7m | $96.3m | $54.6m | $60.0m | $90.7m | $183.5m | $244.6m | $218.2m | — | |
| General and Administrative Expense | $69.1m | $167.7m | $98.8m | $74.3m | $63.3m | $75.8m | $74.0m | $82.3m | $90.6m | $95.2m | — | |
| Goodwill | $0 | $258.2m | $258.2m | $258.2m | $258.2m | $258.2m | $258.2m | $258.2m | $258.2m | $258.2m | $2.0m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | ($96.8m) | ($139.7m) | — | — | — | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | — | — | — | — | $870k | $551k | $150k | $253k | — | — | — | |
| Operating Expenses | $731.8m | $936.2m | — | — | — | — | — | — | — | — | — | |
| Operating Lease, Lease Income | — | — | $1.7b | $1.8b | $1.8b | $2.0b | $2.2b | $2.4b | $2.5b | $2.6b | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | $0 | ($16.7m) | ($73.2m) | ($266.7m) | ($280.8m) | $247.6m | $377.0m | ($43.7m) | ($15.1m) | ($49.7m) | — | |
| Proceeds from Contributed Capital | $138.0m | $0 | — | — | — | — | — | — | — | — | — | |
| Unrealized Gain (Loss) on Derivatives | ($9.3m) | ($5.8m) | ($12.0m) | ($1.9m) | ($9.1m) | ($14.7m) | ($9.5m) | ($9.4m) | ($12.4m) | $5.0m | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($574.1m) | $110.0m | ($1.1b) | ($618.5m) | ($1.0b) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($814.4m) | ($773.6m) | ($465.9m) | ($652.6m) | ($154.6m) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($364.9m) | $443.6m | ($477.8m) | ($64.8m) | — | |
| Changes In Cash | — | — | — | — | — | — | ($364.9m) | $443.6m | ($477.8m) | ($64.8m) | $43.6m | |
| End Cash Position | — | — | — | — | — | — | $453.9m | $897.5m | $419.7m | $354.9m | $327.3m | |
| Financing Cash Flow | — | — | — | — | — | — | ($574.1m) |
$110.0m
+119.16%
|
($1.1b)
-1094.11%
|
($618.5m)
+43.45%
|
($1.0b)
-61.97%
|
|
| Free Cash Flow | — | — | — | — | — | — | $815.5m | $886.0m | $862.4m | $963.5m | $956.7m | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | ($77.3m) | ($174.2m) | ($232.1m) | ($223.2m) | ($317.1m) | |
| Investing Cash Flow | — | — | — | — | — | — | ($814.4m) | ($773.6m) | ($465.9m) | ($652.6m) | ($154.6m) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | ($167.7m) | ($442k) | ($44.2m) | ($45.7m) | ($44.0m) | |
| Net Investment Properties Purchase And Sale | — | — | — | — | — | — | ($482.5m) | ($505.5m) | ($183.4m) | ($303.3m) | $150.8m | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | $60.5m | ($32.7m) | $27.5m | ($2.9m) | $26.4m | |
| Operating Gains Losses | — | — | — | — | — | — | ($65.8m) | ($153.5m) | ($201.1m) | ($209.3m) | ($306.3m) | |
| Other Non Cash Items | — | — | — | — | — | — | $47.6m | $23.4m | $63.9m | $32.6m | — | |
| Purchase Of Business | — | — | — | — | — | — | ($167.7m) | ($442k) | ($44.2m) | ($45.7m) | ($44.0m) | |
| Purchase Of Investment | — | — | — | — | — | — | ($15.8m) | ($33.6m) | ($4.7m) | ($2.9m) | ($5.3m) | |
| Purchase Of Investment Properties | — | — | — | — | — | — | ($722.5m) | ($993.5m) | ($768.5m) | ($801.4m) | ($5.3m) | |
| Sale Of Investment | — | — | — | — | — | — | $76.3m | $861k | $32.2m | $0 | $31.8m | |
| Sale Of Investment Properties | — | — | — | — | — | — | $240.0m | $488.1m | $585.2m | $498.1m | $31.8m | |
| Stock Based Compensation | — | — | — | — | — | — | $29.0m | $29.5m | $27.9m | $27.8m | $29.3m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.