• Invitation Home average return on tangible equity for 2024 was 4.84, a 4.54% increase from 2023.
• Invitation Home average return on tangible equity for 2023 was 4.63, a 31.16% increase from 2022.
• Invitation Home average return on tangible equity for 2022 was 3.53, a 27.44% increase from 2021.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.