Invitation Homes Inc.【INVH】

時価総額

$162.4億

PER

一戸建て賃貸住宅事業の米国最大手。入居者中心の垂直統合型管理プラットフォームとスマホアプリによる契約・保守サービスを展開。2024年12月31日時点で85,138戸を保有、NYSE上場のREIT運営。米国16の主要市場を中心に全国展開。

	2017年 12月31日	2018年 12月31日	2019年 12月31日	2020年 12月31日	2021年 12月31日	2022年 12月31日	2023年 12月31日	2024年 12月31日
Net income	-89	-5	147	197	263	385	521	455
Depreciation	310	561	534	553	592	638	674	714
Share-based compensation expense	81	29	18	17	27	29	30	28
Amortization of Debt Issuance Costs	22	27	39	26	13	15	16	19
Amortization of debt discounts	1	9	7	5	6	2	2	3
Provisions for impairment	2	7	14	5	1	0	0	1
Gains on investments in equity and other securities, net	-	-	-	-	-9	-4	0	1
Gain on sale of property, net of tax	34	50	96	55	60	91	184	245
Change in fair value of derivative instruments	-6	-12	-2	-9	-15	-9	-9	-12
Losses from investments in unconsolidated joint ventures, net of operating distributions	-	-	-	-	-2	-11	-21	-31
Other non-cash amounts included in net income	3	-6	7	-3	-4	-31	-6	-44
Other assets, net	11	14	11	38	15	11	25	29
Accounts payable and accrued expenses	-10	-27	5	-27	33	-6	24	47
Resident security deposits	-	2	-1	10	7	10	5	0
Other liabilities	-	-	-	9	-0	-4	7	3
Net cash provided by operating activities	260	561	662	697	908	1,024	1,107	1,082
Deposits for acquisition of single-family residential properties	-3	-9	0	1	60	35	-6	2
Acquisition of single-family residential properties	228	252	586	622	1,127	565	970	736
Initial renovations to single-family residential properties	43	46	57	99	77	122	30	31
Other capital expenditures for single-family residential properties	58	142	164	172	163	208	221	219
Proceeds from Sale, Real Estate, Held-for-Investment	206	491	856	415	232	240	488	585
Repayment proceeds from retained debt securities	79	224	50	72	88	71	1	32
Investments in equity securities	-	-	-	-	-	-	34	5
Proceeds from sale of investments in equity securities	-	-	-	-	32	6	-	-
Investments in unconsolidated joint ventures	-	-	-	16	65	168	0	44
Proceeds from Real Estate and Real Estate Joint Ventures	-	-	-	-	2	6	13	19
Other investing activities	-2	5	-5	2	21	39	27	65
Net cash used in investing activities	53	63	102	-425	-1,160	-814	-774	-466
Payment of dividends and dividend equivalents	69	230	277	332	394	539	638	689
Distributions to non-controlling interests	0	4	3	2	2	2	2	3
Payment of taxes related to net share settlement of RSUs	16	9	8	4	9	13	8	11
Payments on mortgage loans	2,951	4,580	997	1,435	1,767	1,412	20	646
Payments on secured term loan	-	-	-	0	-	-	0	0
Proceeds from unsecured notes	-	-	-	-	1,938	598	790	494
Proceeds from term loan facilities	1,500	-	-	2,500	-	725	-	1,750
Payments on term loan facility	-	-	-	1,500	-	-	-	2,500
Proceeds from Lines of Credit	135	285	485	320	400	130	150	750
Payments on revolving facility	100	320	485	320	400	130	150	180
Proceeds from Issuance of Common Stock	-	-	55	687	934	98	-	-
Deferred financing costs paid	55	56	3	41	17	13	8	54
Other financing activities	-	-2	-9	-18	-24	-16	-3	-5
Net cash provided by (used in) financing activities	-331	-681	-838	-146	659	-574	110	-1,094
Change in cash, cash equivalents, and restricted cash	-	-57	-74	126	407	-365	444	-478
Interest paid, net of amounts capitalized	226	336	322	313	286	276	291	321
Interest Costs Capitalized	-	-	-	-	-	-	3	2
Income Taxes Paid	-	-	-	-	-	-	-	0
Operating Lease, Payments	-	-	5	6	6	6	6	6
Finance Lease, Principal Payments	-	-	-	2	3	3	3	3
Accrued renovation improvements at period end	-	7	13	8	13	2	2	1
Accrued residential property capital improvements at period end	-	7	12	7	11	10	5	8
Deferred Payment Acquisition Of Single-family Residential Properties	-	-	-	-	-	-	26	-
Reclassification Of Inventory, Real Estate, Held-For-Sale	-	441	545	169	82	91	167	174
Increase (Decrease) In Fair Value Of Cash Flow Hedges	-	-73	-267	-281	248	377	-44	-15
ROU assets obtained in exchange for operating lease liabilities	-	-	2	6	0	6	0	14
ROU assets obtained in exchange for finance lease liabilities	-	-	-	10	1	0	3	9
Conversion Of Stock, Net Amount Converted	-	-	-	-	-	141	-	-