INVITATION HOMES INC (INVH) Stock Fundamental Analysis
NYSE:INVH • US46187W1071
25.525 USD
-0.14 (-0.53%)
Last: Feb 24, 2026, 03:12 PM
Overall INVH gets a fundamental rating of 4 out of 10. We evaluated INVH against 20 industry peers in the Residential REITs industry. There are concerns on the financial health of INVH while its profitability can be described as average. INVH has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
- INVH had positive earnings in the past year.
- INVH had a positive operating cash flow in the past year.
- INVH had positive earnings in each of the past 5 years.
- Each year in the past 5 years INVH had a positive operating cash flow.
1.2 Ratios
- The Return On Assets of INVH (3.14%) is comparable to the rest of the industry.
- The Return On Equity of INVH (6.16%) is comparable to the rest of the industry.
- Looking at the Return On Invested Capital, with a value of 3.26%, INVH is in the better half of the industry, outperforming 70.00% of the companies in the same industry.
- INVH had an Average Return On Invested Capital over the past 3 years of 3.14%. This is in line with the industry average of 2.59%.
- The 3 year average ROIC (3.14%) for INVH is below the current ROIC(3.26%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.14% | ||
| ROE | 6.16% | ||
| ROIC | 3.26% |
ROA(3y)2.75%
ROA(5y)2.35%
ROE(3y)5.3%
ROE(5y)4.46%
ROIC(3y)3.14%
ROIC(5y)2.93%
1.3 Margins
- The Profit Margin of INVH (21.51%) is comparable to the rest of the industry.
- In the last couple of years the Profit Margin of INVH has grown nicely.
- Looking at the Operating Margin, with a value of 27.57%, INVH is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
- INVH's Operating Margin has been stable in the last couple of years.
- INVH has a Gross Margin (58.42%) which is in line with its industry peers.
- In the last couple of years the Gross Margin of INVH has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 27.57% | ||
| PM (TTM) | 21.51% | ||
| GM | 58.42% |
OM growth 3Y-1.8%
OM growth 5Y1.45%
PM growth 3Y7.94%
PM growth 5Y14.89%
GM growth 3Y-1.39%
GM growth 5Y-0.35%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so INVH is destroying value.
- Compared to 1 year ago, INVH has less shares outstanding
- The number of shares outstanding for INVH has been increased compared to 5 years ago.
- Compared to 1 year ago, INVH has a worse debt to assets ratio.
2.2 Solvency
- INVH has an Altman-Z score of 1.17. This is a bad value and indicates that INVH is not financially healthy and even has some risk of bankruptcy.
- Looking at the Altman-Z score, with a value of 1.17, INVH is in line with its industry, outperforming 55.00% of the companies in the same industry.
- The Debt to FCF ratio of INVH is 44.09, which is on the high side as it means it would take INVH, 44.09 years of fcf income to pay off all of its debts.
- Looking at the Debt to FCF ratio, with a value of 44.09, INVH is in line with its industry, outperforming 55.00% of the companies in the same industry.
- A Debt/Equity ratio of 0.88 indicates that INVH is somewhat dependend on debt financing.
- The Debt to Equity ratio of INVH (0.88) is better than 65.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.88 | ||
| Debt/FCF | 44.09 | ||
| Altman-Z | 1.17 |
ROIC/WACC0.48
WACC6.74%
2.3 Liquidity
- A Current Ratio of 0.42 indicates that INVH may have some problems paying its short term obligations.
- INVH's Current ratio of 0.42 is in line compared to the rest of the industry. INVH outperforms 50.00% of its industry peers.
- A Quick Ratio of 0.42 indicates that INVH may have some problems paying its short term obligations.
- Looking at the Quick ratio, with a value of 0.42, INVH is in line with its industry, outperforming 60.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.42 | ||
| Quick Ratio | 0.42 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 31.51% over the past year.
- The Earnings Per Share has been growing by 21.67% on average over the past years. This is a very strong growth
- The Revenue has been growing slightly by 4.21% in the past year.
- Measured over the past years, INVH shows a quite strong growth in Revenue. The Revenue has been growing by 8.41% on average per year.
EPS 1Y (TTM)31.51%
EPS 3Y15.69%
EPS 5Y21.67%
EPS Q2Q%4.35%
Revenue 1Y (TTM)4.21%
Revenue growth 3Y6.84%
Revenue growth 5Y8.41%
Sales Q2Q%3.96%
3.2 Future
- INVH is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.80% yearly.
- INVH is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.55% yearly.
EPS Next Y-17.04%
EPS Next 2Y-6.43%
EPS Next 3Y3.71%
EPS Next 5Y4.8%
Revenue Next Year3.07%
Revenue Next 2Y3.13%
Revenue Next 3Y5.85%
Revenue Next 5Y4.55%
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 26.59, the valuation of INVH can be described as expensive.
- Based on the Price/Earnings ratio, INVH is valued a bit cheaper than 70.00% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 26.64. INVH is around the same levels.
- With a Price/Forward Earnings ratio of 32.05, INVH can be considered very expensive at the moment.
- 100.00% of the companies in the same industry are more expensive than INVH, based on the Price/Forward Earnings ratio.
- When comparing the Price/Forward Earnings ratio of INVH to the average of the S&P500 Index (27.75), we can say INVH is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.59 | ||
| Fwd PE | 32.05 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, INVH is valued cheaply inside the industry as 90.00% of the companies are valued more expensively.
- INVH's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 82.19 | ||
| EV/EBITDA | 16 |
4.3 Compensation for Growth
- The decent profitability rating of INVH may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.23
EPS Next 2Y-6.43%
EPS Next 3Y3.71%
5. Dividend
5.1 Amount
- INVH has a Yearly Dividend Yield of 4.74%, which is a nice return.
- Compared to an average industry Dividend Yield of 42.55, INVH has a dividend in line with its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.80, INVH pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.74% |
5.2 History
- The dividend of INVH is nicely growing with an annual growth rate of 14.23%!
- INVH has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)14.23%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 121.45% of the earnings are spent on dividend by INVH. This is not a sustainable payout ratio.
- The dividend of INVH is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP121.45%
EPS Next 2Y-6.43%
EPS Next 3Y3.71%
NYSE:INVH (2/24/2026, 3:12:09 PM)
25.525
-0.14 (-0.53%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryResidential REITs
Earnings (Last)02-18 2026-02-18/amc
Earnings (Next)04-28 2026-04-28/amc
Inst Owners103.57%
Inst Owner Change-3.14%
Ins Owners0.24%
Ins Owner Change0%
Market Cap15.65B
Revenue(TTM)2.73B
Net Income(TTM)586.96M
Analysts73.33
Price Target33.83 (32.54%)
Short Float %2.38%
Short Ratio2.24
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.74% |
Yearly Dividend1.17
Dividend Growth(5Y)14.23%
DP121.45%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)24.97%
Min EPS beat(2)19.22%
Max EPS beat(2)30.72%
EPS beat(4)4
Avg EPS beat(4)28.64%
Min EPS beat(4)17.55%
Max EPS beat(4)47.06%
EPS beat(8)6
Avg EPS beat(8)15.01%
EPS beat(12)10
Avg EPS beat(12)17.35%
EPS beat(16)13
Avg EPS beat(16)13.44%
Revenue beat(2)0
Avg Revenue beat(2)-0.4%
Min Revenue beat(2)-0.74%
Max Revenue beat(2)-0.06%
Revenue beat(4)2
Avg Revenue beat(4)-0.16%
Min Revenue beat(4)-0.74%
Max Revenue beat(4)0.13%
Revenue beat(8)3
Avg Revenue beat(8)-0.33%
Revenue beat(12)3
Avg Revenue beat(12)-0.64%
Revenue beat(16)4
Avg Revenue beat(16)-0.72%
PT rev (1m)-1.69%
PT rev (3m)-5.04%
EPS NQ rev (1m)-0.55%
EPS NQ rev (3m)-7.04%
EPS NY rev (1m)0.72%
EPS NY rev (3m)2.59%
Revenue NQ rev (1m)-0.03%
Revenue NQ rev (3m)-0.08%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.59 | ||
| Fwd PE | 32.05 | ||
| P/S | 5.73 | ||
| P/FCF | 82.19 | ||
| P/OCF | 12.97 | ||
| P/B | 1.64 | ||
| P/tB | 1.69 | ||
| EV/EBITDA | 16 |
EPS(TTM)0.96
EY3.76%
EPS(NY)0.8
Fwd EY3.12%
FCF(TTM)0.31
FCFY1.22%
OCF(TTM)1.97
OCFY7.71%
SpS4.45
BVpS15.55
TBVpS15.13
PEG (NY)N/A
PEG (5Y)1.23
Graham Number18.32
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.14% | ||
| ROE | 6.16% | ||
| ROCE | 4.13% | ||
| ROIC | 3.26% | ||
| ROICexc | 3.29% | ||
| ROICexgc | 3.34% | ||
| OM | 27.57% | ||
| PM (TTM) | 21.51% | ||
| GM | 58.42% | ||
| FCFM | 6.98% |
ROA(3y)2.75%
ROA(5y)2.35%
ROE(3y)5.3%
ROE(5y)4.46%
ROIC(3y)3.14%
ROIC(5y)2.93%
ROICexc(3y)3.19%
ROICexc(5y)2.99%
ROICexgc(3y)3.25%
ROICexgc(5y)3.04%
ROCE(3y)3.97%
ROCE(5y)3.71%
ROICexgc growth 3Y4.35%
ROICexgc growth 5Y8.61%
ROICexc growth 3Y4.5%
ROICexc growth 5Y8.57%
OM growth 3Y-1.8%
OM growth 5Y1.45%
PM growth 3Y7.94%
PM growth 5Y14.89%
GM growth 3Y-1.39%
GM growth 5Y-0.35%
F-Score6
Asset Turnover0.15
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.88 | ||
| Debt/FCF | 44.09 | ||
| Debt/EBITDA | 5.59 | ||
| Cap/Depr | 136% | ||
| Cap/Sales | 37.22% | ||
| Interest Coverage | 2.33 | ||
| Cash Conversion | 80.44% | ||
| Profit Quality | 32.44% | ||
| Current Ratio | 0.42 | ||
| Quick Ratio | 0.42 | ||
| Altman-Z | 1.17 |
F-Score6
WACC6.74%
ROIC/WACC0.48
Cap/Depr(3y)148.81%
Cap/Depr(5y)157.07%
Cap/Sales(3y)40.88%
Cap/Sales(5y)44.35%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)31.51%
EPS 3Y15.69%
EPS 5Y21.67%
EPS Q2Q%4.35%
EPS Next Y-17.04%
EPS Next 2Y-6.43%
EPS Next 3Y3.71%
EPS Next 5Y4.8%
Revenue 1Y (TTM)4.21%
Revenue growth 3Y6.84%
Revenue growth 5Y8.41%
Sales Q2Q%3.96%
Revenue Next Year3.07%
Revenue Next 2Y3.13%
Revenue Next 3Y5.85%
Revenue Next 5Y4.55%
EBIT growth 1Y1.4%
EBIT growth 3Y4.91%
EBIT growth 5Y9.97%
EBIT Next Year83.37%
EBIT Next 3Y26.11%
EBIT Next 5Y17.55%
FCF growth 1Y50.19%
FCF growth 3Y-8.78%
FCF growth 5YN/A
OCF growth 1Y11.5%
OCF growth 3Y5.62%
OCF growth 5Y11.6%
INVITATION HOMES INC / INVH FAQ
What is the ChartMill fundamental rating of INVITATION HOMES INC (INVH) stock?
ChartMill assigns a fundamental rating of 4 / 10 to INVH.
Can you provide the valuation status for INVITATION HOMES INC?
ChartMill assigns a valuation rating of 4 / 10 to INVITATION HOMES INC (INVH). This can be considered as Fairly Valued.
Can you provide the profitability details for INVITATION HOMES INC?
INVITATION HOMES INC (INVH) has a profitability rating of 6 / 10.
What is the financial health of INVITATION HOMES INC (INVH) stock?
The financial health rating of INVITATION HOMES INC (INVH) is 2 / 10.
Can you provide the dividend sustainability for INVH stock?
The dividend rating of INVITATION HOMES INC (INVH) is 5 / 10 and the dividend payout ratio is 121.45%.