Thu, May 1, 7:36 PM (17 days ago)
**Invitation Homes Inc. (INVH) Q1 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** $674.5 million (Q1 2024: $646.0 million), a 4.4% increase. - **Net Income:** $166.3 million (Q1 2024: $142.8 million), a 16.5% increase. - **Earnings per Share (EPS):** $0.27 (Q1 2024: $0.23). - **Cash Flow from Operations:** $300.5 million (Q1 2024: $265.6 million), a 13.2% increase. **Profit Margins:** - **Operating Margin:** Improved due to higher revenues and controlled expenses. - **Net Margin:** 24.6% (Q1 2024: 22.1%). **Cash Flow:** - **Operating Cash Flow:** Positive at $300.5 million. - **Investing Cash Flow:** Negative at $114.2 million due to acquisitions and renovations. - **Financing Cash Flow:** Negative at $287.4 million due to dividend payments and debt repayments. **Earnings Changes:** - **Revenue Growth:** Driven by increased average monthly rent and home count. - **Expense Management:** Controlled property operating and maintenance expenses. **Quarterly Performance:** - **Occupancy:** 95.2% (Q1 2024: 96.7%). - **Average Monthly Rent:** $2,424 (Q1 2024: $2,358), a 2.8% increase. - **Home Count:** 85,261 homes (Q1 2024: 84,445 homes). **Trends & Uncertainties:** - **Market Trends:** Strong demand in core markets. - **Economic Uncertainties:** Inflation, interest rates, and geopolitical tensions may impact future performance. - **Future Operations:** Focus on acquisitions, renovations, and maintaining high occupancy rates. **Debt & Liquidity:** - **Total Debt:** $8.18 billion. - **Liquidity:** $84.4 million in unrestricted cash and cash equivalents. - **Debt Maturity:** No debt maturing until June 2027. **Future Outlook:** - **Growth Strategy:** Continue acquisitions and renovations. - **Risk Management:** Monitor economic conditions and adjust strategies as needed. **Summary:** INVH demonstrated strong financial health in Q1 2025 with increased revenues, net income, and controlled expenses. The company faces economic uncertainties but maintains a solid liquidity position and a strategic focus on growth and risk management.