Invitation Homes Inc. (INVH) closed fiscal year 2025 with a net margin of 21.5 %.
Invitation Homes Inc. (INVH) closed fiscal year 2025 with a net margin of 21.5 %. The same year shows an EBITDA margin of 61.9 % and an EBIT margin of 34.6 %. The free cash flow margin was 35.3 %. Across the period the gross margin ranges between 59.0 % in 2024 and 60.9 % in 2022. The series covers 11 fiscal years, from 2015 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | — | — | — | — | — | — | — | 60.94 % | — | 59.04 % | — |
| EBITDA margin (%) | 45.57 % | 52.22 % | 32.62 % | — | — | — | — | 59.29 % | 62.85 % | 58.64 % | 61.93 % |
| EBIT margin (%) | 14.29 % | 21.73 % | 9.01 % | — | — | — | — | 30.78 % | 35.13 % | 31.37 % | 34.56 % |
| Net margin (%) | -20.02 % | -8.91 % | -8.03 % | -0.29 % | 8.24 % | 10.76 % | 13.09 % | 17.13 % | 21.36 % | 17.33 % | 21.54 % |
| FCF margin (%) | 24.42 % | 28.05 % | 19.74 % | 24.35 % | 28.21 % | 28.77 % | 37.30 % | 36.44 % | 36.43 % | 32.93 % | 35.30 % |
