Invitation Homes Inc.

Invitation Homes Inc. reported strong financial results for fiscal year 2025, with total revenues of $2.73 billion and net income attributable to common stockholders of $587.9 million. The company generated $1.21 billion in operating cash flow, demonstrating robust cash generation from its core rental operations. Key revenue drivers included rental revenues and other property income of $2.64 billion and management fee revenues of $87.3 million. The company maintained a solid balance sheet with total assets of $18.68 billion and total equity of $9.57 billion. Significant investing activities included $752.9 million in property acquisitions and $498.1 million in property sales proceeds, while financing activities included $712.8 million in dividend payments and $596.9 million in proceeds from unsecured notes. The company ended the period with $453.9 million in cash, cash equivalents, and restricted cash.

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