Invitation Homes Inc. (INVH), a national single-family home leasing and management company, Wednesday reported its fourth quarter results for the year 2024.
Net income increased to $143.6 million compared to $129.9 million. EPS improved to $0.23 from $0.21 the previous year. In the fourth quarter, total revenues rose to $659.1 million from $624.3 million year over year, driven by rental revenues of $576.6 million versus $563.8 million.
For the fourth quarter Funds From Operations fell to $223.2 million from $253.6 million, with FFO per share dropping to $0.36 from $0.41. Core FFO rose to $290.5 million from $274.6 million, increasing per share to $0.47 from $0.45. Adjusted FFO grew to $254.9 million from $234.2 million, with AFFO per share rising to $0.41 from $0.38.
The company also saw a jump in management fee revenues from $3.4 million to $21.1 million.
INVH closed trading at $31.57 down 1.65 percent or $0.53 on the New York Stock Exchange.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.