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INVH Invitation Homes Inc.

NYSE, CIK 0001687229, fiscal year ends 12/31. Last price 27.54 on 2026-10-23, market value 16.3 billion dollars.

Machine-readable: INVH.json, INVH.md. Sections: Graham Defensive, Magic Formula, Momentum, Insider, Buffett Quality, Lynch GARP, Graham Enterprising, Piotroski F-Score, earnings record, insiders, filings and links.

PhilosophyScoreStatusCurrent inputs as ofHistory usedPriceVerificationRules
Graham Defensive 60
partial, missing 5
partial: 5 2025-12-31
stale: Revenue
2016–2025 2026-10-23 10 verified, 16 unverified method
Magic Formula n/a insufficient data (latest annual operating income is CY2017) — — — — method
Momentum 54 ok 2026-10-23 — 2026-10-23 — method
Insider 0 no open-market transactions in window 2026-10-23 — — — method
Buffett Quality 35
partial, missing 5
partial: 5 2026-06-30 2016–2025 2026-10-23 0 verified, 37 unverified method
Lynch GARP 69 ok 2026-06-30 2020–2025 2026-10-23 0 verified, 5 unverified method
Graham Enterprising 45
partial, missing 1, 2, 7
partial: 1, 2, 7 2026-06-30 2020–2025 2026-10-23 0 verified, 8 unverified method
Piotroski F-Score 67
partial, missing 5, 6, 8
partial: 5, 6, 8 — 2024–2026 — 0 verified, 15 unverified method

Market value, source trail

market_value = traded_price (price date) / depositary_ratio x latest point-in-time SEC shares outstanding (share-count date shown; from the filing cover page, summed across share classes only where the issuer filing verifies the classes are economically equivalent (rule + evidence URL in the source text), else withheld; priced at the primary listed class, so where other classes trade at a different price the value is an approximation; restated only for issuer-verified splits after the count date); weighted-average share counts are never used

InputValueUnitPeriod / dateSource
Traded price27.54USD per traded unit (share or ADS)2026-10-23Yahoo Finance
SEC shares outstanding590,623,226underlying shares2026-07-29SEC cover page 10-Q 0001687229-26-000045 (590,623,226 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1687229/000168722926000045/invh-20260630.htm 0001687229-26-000045
Depositary ratio1.0underlying shares per traded unit domestic 10-K filer; SEC shares are the traded units
Market value price date × latest reported shares16,265,763,644USD2026-10-23
shares at 2026-07-29
27.54 (price 2026-10-23) / 1 x 590,623,226 (shares at 2026-07-29) = 16,265,763,644

Graham Defensive

60 of 100. partial: 5. How this is scored.

Test or factorValueThresholdPoints
1 Adequate size2.73 revenue $B>= 15.0 / 5
2 Debt <= equity (unclassified balance sheet fallback) LongTermDebt including current maturities (upper bound for the noncurrent portion); no AssetsCurrent/LiabilitiesCurrent in any filing0.94<= 1.030.0 / 30
3 Positive earnings each of 10 years7 of 1010 of 1010.5 / 15
4 Dividends every year for 20 years9 of 20 missing 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016 XBRL check: 9 years agree, 11 unverified20 of 206.75 / 15
5 EPS growth, 3-yr avg now vs 10 yrs ago— missing 2014, 2015, 2016>= +33%None / 10
6 P/E on 3-year average EPS32.4<= 150.0 / 15
7 P/B <= 1.5, or P/E x P/B <= 22.5P/B 1.80, product 58.2<= 1.5 or <= 22.58.0 / 10
Inputs, 28 numbers with their sources
InputValuePeriodSourceCheck
Price (close, per traded unit)27.542026-10-23Alpaca Market Data (consolidated SIP daily bar)not cross-checked
Revenue2729296000.02025-12-31 staleSEC XBRL Revenues 0001687229-26-000016unverified
debt_incl_current8526691000.02026-06-30SEC XBRL LongTermDebt (companyfacts) 0001687229-26-000045unverified
equity9054417000.02026-06-30SEC XBRL StockholdersEquity (companyfacts) 0001687229-26-000045unverified
Net income FY2016-78239000.02016-12-31 historySEC XBRL NetIncomeLoss 0001687229-19-000014unverified
Net income FY2017-105337000.02017-12-31 historySEC XBRL NetIncomeLoss 0001687229-20-000004unverified
Net income FY2018-4927000.02018-12-31 historySEC XBRL NetIncomeLoss 0001687229-21-000005unverified
Net income FY2019145463000.02019-12-31 historySEC XBRL NetIncomeLoss 0001687229-22-000002unverified
Net income FY2020196212000.02020-12-31 historySEC XBRL NetIncomeLoss 0001687229-23-000029unverified
Net income FY2021261425000.02021-12-31 historySEC XBRL NetIncomeLoss 0001687229-24-000013unverified
Net income FY2022383329000.02022-12-31 historySEC XBRL NetIncomeLoss 0001687229-25-000008unverified
Net income FY2023519470000.02023-12-31 historySEC XBRL NetIncomeLoss 0001687229-26-000016unverified
Net income FY2024453917000.02024-12-31 historySEC XBRL NetIncomeLoss 0001687229-26-000016unverified
Net income FY2025587924000.02025-12-31 historySEC XBRL NetIncomeLoss 0001687229-26-000016unverified
Dividend years (Yahoo)[2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026] historyYahoo Finance dividend historyverified (partly: XBRL covers 9 of 20 years)
Dividends per share FY2017 (XBRL)0.222017-12-31 historySEC XBRL CommonStockDividendsPerShareDeclared 0001687229-20-000004verified
Dividends per share FY2018 (XBRL)0.442018-12-31 historySEC XBRL CommonStockDividendsPerShareDeclared 0001687229-21-000005verified
Dividends per share FY2019 (XBRL)0.522019-12-31 historySEC XBRL CommonStockDividendsPerShareDeclared 0001687229-22-000002verified
Dividends per share FY2020 (XBRL)0.62020-12-31 historySEC XBRL CommonStockDividendsPerShareDeclared 0001687229-23-000029verified
Dividends per share FY2021 (XBRL)0.682021-12-31 historySEC XBRL CommonStockDividendsPerShareDeclared 0001687229-23-000029verified
Dividends per share FY2022 (XBRL)0.882022-12-31 historySEC XBRL CommonStockDividendsPerShareDeclared 0001687229-25-000008verified
Dividends per share FY2023 (XBRL)1.042023-12-31 historySEC XBRL CommonStockDividendsPerShareDeclared 0001687229-26-000016verified
Dividends per share FY2024 (XBRL)1.412024-12-31 historySEC XBRL CommonStockDividendsPerShareDeclared 0001687229-26-000016verified
Dividends per share FY2025 (XBRL)1.172025-12-31 historySEC XBRL CommonStockDividendsPerShareDeclared 0001687229-26-000016verified
EPS diluted FY20230.852023-12-31 historySEC XBRL EarningsPerShareDiluted 0001687229-26-000016unverified
EPS diluted FY20240.742024-12-31 historySEC XBRL EarningsPerShareDiluted 0001687229-26-000016unverified
EPS diluted FY20250.962025-12-31 historySEC XBRL EarningsPerShareDiluted 0001687229-26-000016unverified
Shares outstanding590623226.02026-07-29SEC cover page 10-Q 0001687229-26-000045 (590,623,226 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1687229/000168722926000045/invh-20260630.htm 0001687229-26-000045not cross-checked

Magic Formula

insufficient data (latest annual operating income is CY2017). How this is scored.

insufficient data (latest annual operating income is CY2017).

Momentum

54 of 100. ok. How this is scored.

Test or factorValueThresholdPoints
12-1 month return-3.7 % (percentile 33.7)16.8 / 50
6 month return3.1 % (percentile 49.0)9.8 / 20
Price / 52-week high0.9113.7 / 15
Volatility penalty (60d annualised)17.1 %14.2 / 15
Inputs, 1 numbers with their sources
InputValuePeriodSourceCheck
Adjusted close series (14 months)27.542026-10-23Yahoo Finance / Alpaca Market Data daily historynot cross-checked

Insider

0 of 100. no open-market transactions in window. How this is scored. Form 4 data loaded through 2026-10-23

Test or factorValueThresholdPoints
Open-market buy value / market cap (percentile among buyers)0.0 bp0.0 / 35
Distinct buyers00.0 / 25
Buyer seniority0.00.0 / 20
Recency (half-life 30d)0.00.0 / 10
Sales penalty (excludes 10b5-1 plan sales)0.0 bp-0.0 / 0
Inputs, 0 numbers with their sources
InputValuePeriodSourceCheck

Buffett Quality

35 of 100. partial: 5. How this is scored.

Test or factorValueThresholdPoints
1 Average return on equity (net income / year-end equity)3.3% over 8 yrs>= 15%0.0 / 25
2 Profitable every year7 of 10all years10.5 / 15
3 Net income growth, 3-yr average now vs start of window growth rate undefinedbase or latest average not positive>= +10%0.0 / 10
4 Borrowings / 3-yr average earnings (years to repay) LongTermDebt (incl. current maturities)16.4 years<= 40.0 / 15
5 Operating margin, 5-yr average needs at least 4 of the last 5 years0 years with operating income and revenue>= 20%None / 10
6 Free cash flow / net income, 5-yr (operating cash flow minus capex)2.28>= 1.010.0 / 10
7 Owner-earnings yield (3-yr avg free cash flow / market cap)6.8%>= 7%14.2 / 15
Inputs, 39 numbers with their sources
InputValuePeriodSourceCheck
Price (close, per traded unit)27.542026-10-23Alpaca Market Data (consolidated SIP daily bar)not cross-checked
Net income FY2018-4927000.02018-12-31 historySEC XBRL NetIncomeLoss 0001687229-21-000005unverified
Equity at FY2018 end8229111000.02018-12-31 historySEC XBRL StockholdersEquity 0001687229-20-000004unverified
Net income FY2019145463000.02019-12-31 historySEC XBRL NetIncomeLoss 0001687229-22-000002unverified
Equity at FY2019 end8214422000.02019-12-31 historySEC XBRL StockholdersEquity 0001687229-21-000005unverified
Net income FY2020196212000.02020-12-31 historySEC XBRL NetIncomeLoss 0001687229-23-000029unverified
Equity at FY2020 end8504825000.02020-12-31 historySEC XBRL StockholdersEquity 0001687229-22-000002unverified
Net income FY2021261425000.02021-12-31 historySEC XBRL NetIncomeLoss 0001687229-24-000013unverified
Equity at FY2021 end9797742000.02021-12-31 historySEC XBRL StockholdersEquity 0001687229-23-000029unverified
Net income FY2022383329000.02022-12-31 historySEC XBRL NetIncomeLoss 0001687229-25-000008unverified
Equity at FY2022 end10291342000.02022-12-31 historySEC XBRL StockholdersEquity 0001687229-24-000013unverified
Net income FY2023519470000.02023-12-31 historySEC XBRL NetIncomeLoss 0001687229-26-000016unverified
Equity at FY2023 end10155971000.02023-12-31 historySEC XBRL StockholdersEquity 0001687229-25-000008unverified
Net income FY2024453917000.02024-12-31 historySEC XBRL NetIncomeLoss 0001687229-26-000016unverified
Equity at FY2024 end9756764000.02024-12-31 historySEC XBRL StockholdersEquity 0001687229-26-000016unverified
Net income FY2025587924000.02025-12-31 historySEC XBRL NetIncomeLoss 0001687229-26-000016unverified
Equity at FY2025 end9530132000.02025-12-31 historySEC XBRL StockholdersEquity 0001687229-26-000045unverified
Net income FY2016-78239000.02016-12-31 historySEC XBRL NetIncomeLoss 0001687229-19-000014unverified
Net income FY2017-105337000.02017-12-31 historySEC XBRL NetIncomeLoss 0001687229-20-000004unverified
Net income FY2018-4927000.02018-12-31 historySEC XBRL NetIncomeLoss 0001687229-21-000005unverified
Net income FY2019145463000.02019-12-31 historySEC XBRL NetIncomeLoss 0001687229-22-000002unverified
Net income FY2020196212000.02020-12-31 historySEC XBRL NetIncomeLoss 0001687229-23-000029unverified
Net income FY2021261425000.02021-12-31 historySEC XBRL NetIncomeLoss 0001687229-24-000013unverified
Net income FY2022383329000.02022-12-31 historySEC XBRL NetIncomeLoss 0001687229-25-000008unverified
Net income FY2023519470000.02023-12-31 historySEC XBRL NetIncomeLoss 0001687229-26-000016unverified
Net income FY2024453917000.02024-12-31 historySEC XBRL NetIncomeLoss 0001687229-26-000016unverified
Net income FY2025587924000.02025-12-31 historySEC XBRL NetIncomeLoss 0001687229-26-000016unverified
debt_incl_current8526691000.02026-06-30SEC XBRL LongTermDebt (companyfacts) 0001687229-26-000045unverified
Operating cash flow FY2021907660000.02021-12-31 historySEC XBRL NetCashProvidedByUsedInOperatingActivities 0001687229-24-000013unverified
Capital expenditure FY202177408000.02021-12-31 historySEC XBRL PaymentsForCapitalImprovements (10-K via companyfacts; capex fallback) 0001687229-24-000013unverified
Operating cash flow FY20221023587000.02022-12-31 historySEC XBRL NetCashProvidedByUsedInOperatingActivities 0001687229-25-000008unverified
Capital expenditure FY2022122371000.02022-12-31 historySEC XBRL PaymentsForCapitalImprovements (10-K via companyfacts; capex fallback) 0001687229-25-000008unverified
Operating cash flow FY20231107088000.02023-12-31 historySEC XBRL NetCashProvidedByUsedInOperatingActivities 0001687229-26-000016unverified
Capital expenditure FY202330207000.02023-12-31 historySEC XBRL PaymentsForCapitalImprovements (10-K via companyfacts; capex fallback) 0001687229-26-000016unverified
Operating cash flow FY20241081805000.02024-12-31 historySEC XBRL NetCashProvidedByUsedInOperatingActivities 0001687229-26-000016unverified
Capital expenditure FY202430605000.02024-12-31 historySEC XBRL PaymentsForCapitalImprovements (10-K via companyfacts; capex fallback) 0001687229-26-000016unverified
Operating cash flow FY20251206230000.02025-12-31 historySEC XBRL NetCashProvidedByUsedInOperatingActivities 0001687229-26-000016unverified
Capital expenditure FY202528332000.02025-12-31 historySEC XBRL PaymentsForCapitalImprovements (10-K via companyfacts; capex fallback) 0001687229-26-000016unverified
Shares outstanding590623226.02026-07-29SEC cover page 10-Q 0001687229-26-000045 (590,623,226 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1687229/000168722926000045/invh-20260630.htm 0001687229-26-000045not cross-checked

Lynch GARP

69 of 100. ok. How this is scored.

Test or factorValueThresholdPoints
1 PEG: P/E divided by 5-yr EPS growth (in % points)1.28<= 1.021.5 / 30
2 EPS growth, 5-yr compound rate+22.4% a year12% to 35% a year20.0 / 20
3 P/E on latest annual EPS28.7<= 257.5 / 10
4 Borrowings / equity LongTermDebt (incl. current maturities)0.94<= 0.58.4 / 15
5 Years of the last 5 in which EPS rose4 of 55 of 512.0 / 15
6 Net cash (cash minus borrowings) / market cap-52.0%>= +10%0.0 / 10
Inputs, 6 numbers with their sources
InputValuePeriodSourceCheck
Price (close, per traded unit)27.542026-10-23Alpaca Market Data (consolidated SIP daily bar)not cross-checked
EPS diluted FY20250.962025-12-31 historySEC XBRL EarningsPerShareDiluted 0001687229-26-000016unverified
EPS diluted FY20200.352020-12-31 historySEC XBRL EarningsPerShareDiluted 0001687229-23-000029unverified
debt_incl_current8526691000.02026-06-30SEC XBRL LongTermDebt (companyfacts) 0001687229-26-000045unverified
equity9054417000.02026-06-30SEC XBRL StockholdersEquity (companyfacts) 0001687229-26-000045unverified
cash75786000.02026-06-30SEC XBRL CashAndCashEquivalentsAtCarryingValue (companyfacts) 0001687229-26-000045unverified

Graham Enterprising

45 of 100. partial: 1, 2, 7. How this is scored.

Test or factorValueThresholdPoints
1 Current ratio no fresh current assets/liabilities (unclassified balance sheet)—>= 1.5None / 15
2 Borrowings vs working capital no fresh current assets/liabilities—<= 1.1xNone / 15
3 No earnings deficit in the last 5 years5 of 5 profitable5 of 515.0 / 15
4 Pays a current dividendyesyes10.0 / 10
5 EPS higher than five years earlier0.35 -> 0.96higher10.0 / 10
6 Price / book value per share book value used because intangibles are not separated in the dataset (Graham uses net tangible assets)1.8<= 1.210.1 / 20
7 Price / net current asset value per share (current assets minus all liabilities) needs fresh current assets, total liabilities (or assets and equity of the same date) and share count—<= 0.67None / 15
Inputs, 11 numbers with their sources
InputValuePeriodSourceCheck
Price (close, per traded unit)27.542026-10-23Alpaca Market Data (consolidated SIP daily bar)not cross-checked
Net income FY2021261425000.02021-12-31 historySEC XBRL NetIncomeLoss 0001687229-24-000013unverified
Net income FY2022383329000.02022-12-31 historySEC XBRL NetIncomeLoss 0001687229-25-000008unverified
Net income FY2023519470000.02023-12-31 historySEC XBRL NetIncomeLoss 0001687229-26-000016unverified
Net income FY2024453917000.02024-12-31 historySEC XBRL NetIncomeLoss 0001687229-26-000016unverified
Net income FY2025587924000.02025-12-31 historySEC XBRL NetIncomeLoss 0001687229-26-000016unverified
Dividend years (Yahoo)[2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026] historyYahoo Finance dividend historynot cross-checked
EPS diluted FY20250.962025-12-31 historySEC XBRL EarningsPerShareDiluted 0001687229-26-000016unverified
EPS diluted FY20200.352020-12-31 historySEC XBRL EarningsPerShareDiluted 0001687229-23-000029unverified
equity9054417000.02026-06-30SEC XBRL StockholdersEquity (companyfacts) 0001687229-26-000045unverified
Shares outstanding590623226.02026-07-29SEC cover page 10-Q 0001687229-26-000045 (590,623,226 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1687229/000168722926000045/invh-20260630.htm 0001687229-26-000045not cross-checked

Piotroski F-Score

67 of 100. partial: 5, 6, 8. How this is scored.

Test or factorValueThresholdPoints
1 Return on assets is positive3.1%pass = 111.11111111111111 / 11.11111111111111
2 Operating cash flow is positive1,206Mpass = 111.11111111111111 / 11.11111111111111
3 Return on assets improved on the prior year2.4% -> 3.1%pass = 111.11111111111111 / 11.11111111111111
4 Operating cash flow exceeds net income (accruals)1,206M vs 588Mpass = 111.11111111111111 / 11.11111111111111
5 Long-term debt / assets fell an input is not reported for one of the two years—pass = 1None / 11.11111111111111
6 Current ratio improved an input is not reported for one of the two years—pass = 1None / 11.11111111111111
7 No new shares issued (share count did not rise)613M -> 591Mpass = 111.11111111111111 / 11.11111111111111
8 Operating margin improved (stand-in for gross margin, which the dataset does not carry) an input is not reported for one of the two years—pass = 1None / 11.11111111111111
9 Asset turnover (revenue / assets) improved0.14 -> 0.15pass = 111.11111111111111 / 11.11111111111111
Inputs, 15 numbers with their sources
InputValuePeriodSourceCheck
net_income 2025-12-31587924000.02025-12-31 historySEC XBRL NetIncomeLoss 0001687229-26-000016unverified
total_assets 2025-12-3118680290000.02025-12-31 historySEC XBRL Assets 0001687229-26-000045unverified
cfo 2025-12-311206230000.02025-12-31 historySEC XBRL NetCashProvidedByUsedInOperatingActivities 0001687229-26-000016unverified
net_income 2025-12-31587924000.02025-12-31 historySEC XBRL NetIncomeLoss 0001687229-26-000016unverified
net_income 2024-12-31453917000.02024-12-31 historySEC XBRL NetIncomeLoss 0001687229-26-000016unverified
total_assets 2025-12-3118680290000.02025-12-31 historySEC XBRL Assets 0001687229-26-000045unverified
total_assets 2024-12-3118700951000.02024-12-31 historySEC XBRL Assets 0001687229-26-000016unverified
cfo 2025-12-311206230000.02025-12-31 historySEC XBRL NetCashProvidedByUsedInOperatingActivities 0001687229-26-000016unverified
net_income 2025-12-31587924000.02025-12-31 historySEC XBRL NetIncomeLoss 0001687229-26-000016unverified
shares_out 2026-07-29590623226.02026-07-29 historySEC XBRL EntityCommonStockSharesOutstanding (companyfacts) 0001687229-26-000045unverified
shares_out 2025-07-30613008220.02025-07-30 historySEC XBRL EntityCommonStockSharesOutstanding 0001687229-25-000036unverified
revenue 2025-12-312729296000.02025-12-31 historySEC XBRL Revenues 0001687229-26-000016unverified
revenue 2024-12-312618942000.02024-12-31 historySEC XBRL Revenues 0001687229-26-000016unverified
total_assets 2025-12-3118680290000.02025-12-31 historySEC XBRL Assets 0001687229-26-000045unverified
total_assets 2024-12-3118700951000.02024-12-31 historySEC XBRL Assets 0001687229-26-000016unverified

Earnings record

SEC XBRL, by fiscal year (named by the calendar year it ends in); EPS split-adjusted to today's shares; each row links to the filing.

FYEndedRevenue, $MNet income, $MEPS dilutedDividendFiling
20152015-12-3160-160none0001687229-18-000018
20162016-12-31923-78none0001687229-19-000014
20172017-12-311,054-105-0.26paid0001687229-20-000004
20182018-12-311,723-5-0.01paid0001687229-21-000005
20192019-12-311,7651450.27paid0001687229-22-000002
20202020-12-311,8231960.35paid0001687229-23-000029
20212021-12-311,9972610.45paid0001687229-24-000013
20222022-12-312,2383830.63paid0001687229-25-000008
20232023-12-312,4325190.85paid0001687229-26-000016
20242024-12-312,6194540.74paid0001687229-26-000016
20252025-12-312,7295880.96paid0001687229-26-000016

Insider transactions

SEC Form 4 open-market purchases and sales from the insider data sets; latest 20.

No open-market transactions in the loaded quarters.