AMH vs CPT vs INVH Stock Comparison

American Homes 4 Rent, Camden Property Trust and Invitation Homes Prices as of Oct 27, 2026 Peers: Industry group
AMH American Homes 4 Rent
$31.84 +3.9% 1M -4.7% 1Y
Market cap
$11.44B
P/E
24.7x
Revenue (TTM)
—
Div. yield
4.05%
Residential REITs Real Estate
1 win
CPT Camden Property Trust
$101.54 +3.4% 1M -2.5% 1Y
Market cap
$10.21B
P/E
31.9x
Revenue (TTM)
$13.12M
Div. yield
4.17%
Residential REITs Real Estate
4 wins
INVH Invitation Homes Inc.
$27.18 +2.1% 1M -5.9% 1Y
Market cap
$16.05B
P/E
24.4x
Revenue (TTM)
$2.86B
Div. yield
4.42%
Residential REITs Real Estate
5 wins

Head to Head

10 decided of 12

Invitation Homes leads on 5 of the 12 questions below (Invitation Homes 5, Camden Property Trust 4, American Homes 4 Rent 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAMHCPTINVHLeader
Larger companyMarket capitalisation $11.44B $10.21B $16.05B INVH
Cheaper on earningsLower P/E, profitable companies only 24.7x 31.9x 24.4x INVH
Cheaper on forward earningsLower price / next fiscal year consensus EPS 30.0x 98.6x 28.3x INVH
Faster revenue growthRevenue growth, trailing twelve months — +56.8% +6.7% CPT
More profitableNet margin, trailing twelve months — 2,486.2% 23.1% CPT
Better return on capitalReturn on invested capital — — — –
Less leveragedLower net debt / EBITDA — — — –
Higher dividend yieldTrailing dividend yield 4.05% 4.17% 4.42% INVH
Better 1-year returnPrice return, last 12 months -4.7% -2.5% -5.9% CPT
Better 5-year returnAnnualised price return, 5 years -4.8%/yr -9.0%/yr -8.1%/yr AMH
Less volatileAnnualised volatility, 1 year 20.3% 20.1% 21.4% CPT
Higher overall scoreMean of the five percentile scores vs peers 63/100 51/100 69/100 INVH

Percentile Scorecard

AMHCPTINVH

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAMHCPTINVH
Valuation 50 #73 of 145 11 #129 of 145 54 #67 of 145
Growth 69 #45 of 141 73 #39 of 141 72 #40 of 141
Profitability 67 #45 of 134 48 #70 of 134 80 #28 of 134
Financial Health 61 #54 of 138 35 #90 of 138 54 #64 of 138
Shareholder Returns 68 #43 of 131 89 #16 of 131 83 #23 of 131
Overall 63 51 69
  • AMH ranked among 149 companies in Property REITs
  • CPT ranked among 149 companies in Property REITs
  • INVH ranked among 149 companies in Property REITs

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAMHCPTINVHSPY
1 month +3.9%+3.4%+2.1% -0.2%
3 months -5.7%-11.8%-9.6% +3.9%
6 months +1.1%-4.1%-3.4% +8.2%
Year to date -0.8%-7.8%-2.2% +12.9%
1 year -4.7%-2.5%-5.9% +12.3%
3 years +1.1%+20.9%-5.6% +87.4%
3 years, per year +0.4%+6.5%-1.9% +23.3%
5 years -21.7%-37.6%-34.3% +67.9%
5 years, per year -4.8%-9.0%-8.1% +10.9%
10 years +54.6%+30.9%— +261.1%
10 years, per year +4.5%+2.7%— +13.7%

Risk

MeasureAMHCPTINVHSPY
Volatility, 1Y 20.3%20.1%21.4% 12.7%
Downside volatility, 1Y 19.5%20.5%21.3% 12.7%
Beta vs S&P 500, 1Y 0.010.090.07 1.00
Return / volatility, 1Y -0.23-0.13-0.27 0.97
Max drawdown, 5Y -37.2%-53.0%-46.2% -25.4%
From 52-week high -8.5%-13.6%-11.1% -1.2%
52-week high $34.81$117.53$30.59 $779.14
52-week low $27.38$95.82$24.39 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAMHCPTINVH
P/E now vs peer median 24.7xmedian 26.3x 31.9xmedian 26.3x 24.4xmedian 26.3x
P/S now vs peer median —median 4.0x 778.0xmedian 4.0x 5.6xmedian 4.0x
EV/EBITDA now vs peer median —median 14.4x —median 14.4x —median 14.4x
P/FCF now vs peer median 1,102xmedian 23.3x -48.2xmedian 23.3x 30.7xmedian 23.3x
P/B now vs peer median 1.5xmedian 1.3x 2.6xmedian 1.3x 1.8xmedian 1.3x
PEG now vs peer median 2.55median 1.91 1.71median 1.91 1.53median 1.91

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAMHCPTINVH
Revenue – $13.12M $2.86B
Net income $542.82M $336.62M $662.98M
Free cash flow $10.37M -$211.62M $523.34M
EPS (diluted) $1.29 $3.19 $1.11
Cash & equivalents $83.67M $44.72M $75.79M
Total debt $5.13B $4.85B $8.53B
Shares (diluted) 360.81M 102.36M 592.50M
Enterprise value $11.81B $10.15B $15.62B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAMHCPTINVH
P/E 24.7x 31.9x 24.4x
P/FCF 1,102x -48.2x 30.7x
P/Operating cash flow 13.2x 12.6x 13.4x
P/S – 778.0x 5.6x
P/B 1.5x 2.6x 1.8x
P/Tangible book 1.5x 2.6x 1.8x
EV/EBITDA – – –
EV/EBIT – – –
EV/Revenue – 1,144x 8.6x
EV/FCF 1,589x -70.9x 46.8x
EV/Operating cash flow 19.1x 18.6x 20.4x
PEG (3Y EPS CAGR) 2.55 1.71 1.53

Growth

14 metrics
MetricAMHCPTINVH
Revenue growth (1Y) – 56.8% 6.7%
Revenue CAGR (3Y) – 66.5% 6.9%
Gross profit growth (1Y) – – –
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) – – –
Operating income CAGR (3Y) – – –
Net income growth (1Y) 12.2% 108.1% 21.2%
Net income CAGR (3Y) 9.1% 16.0% 14.7%
EPS growth (1Y) 15.9% 123.5% 25.3%
EPS CAGR (3Y) 9.7% 18.7% 16.0%
Operating cash flow growth (1Y) 4.1% 1.8% 6.2%
Operating cash flow CAGR (3Y) 7.2% 1.1% 3.9%
Free cash flow growth (1Y) 101.6% -377.3% 506.6%
Free cash flow CAGR (3Y) 26.4% -36.7% -0.1%

Profitability

14 metrics
MetricAMHCPTINVH
Gross margin – – –
EBITDA margin – – –
Operating margin – – –
Pretax margin – – –
Net margin – 2,486% 23.1%
FCF margin – -1,613% 18.3%
Operating cash flow margin – 6,154% 42.0%
Return on equity 7.2% 8.4% 7.3%
Return on assets 4.1% 3.6% 3.6%
Return on invested capital – – –
Return on capital employed – – –
Asset turnover – 0.0x 0.2x
Cash conversion (OCF / net income) 1.6x 2.4x 1.8x
Stock comp / revenue – 128.3% 1.0%

Financial Health

11 metrics
MetricAMHCPTINVH
Debt / assets 39.1% 51.3% 46.2%
Debt / equity 0.7x 1.3x 0.9x
Net debt / EBITDA – – –
Debt / FCF 494.5x -22.9x 16.3x
Liabilities / assets 43.0% 59.0% 50.7%
Equity / assets 57.0% 41.0% 49.3%
Interest coverage – – –
Current ratio – – –
Quick ratio – – –
Cash ratio – – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricAMHCPTINVH
Dividend yield 4.1% 4.2% 4.4%
Net buyback yield 2.0% 6.6% 3.4%
Shareholder yield 6.1% 10.8% 7.8%
Payout ratio (earnings) 85.3% – –
Payout ratio (FCF) 4,462% – –
Dividend growth (1Y) 11.3% – –
Dividend CAGR (3Y) 17.4% – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAMHCPTINVH
Forward P/E 30.0xFY2026 98.6xFY2026 28.3xFY2026
EPS, next fiscal year $1.06FY2026 $1.03FY2026 $0.96FY2026
EPS growth, next FY -10.2%FY2026 -70.9%FY2026 0.0%FY2026
EPS growth, the year after -18.9% -8.7% -20.8%
Revenue, next fiscal year $2.04BFY2026 $1.60BFY2026 $3.11BFY2026
Revenue growth, next FY +10.0%FY2026 +2.1%FY2026 +13.7%FY2026
Revenue growth, the year after -0.6% -8.2% -4.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAMHCPTINVH
Held by institutions 90.7% 100.0% 100.0%
Institutions holding 480 575 622
Change in shares held, QoQ +8.2% -0.4% +9.1%
Institutions buying 253 267 338
Institutions selling 160 213 215
Buyers to sellers 1.58 1.25 1.57

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

AMHCPTINVH
AMH 1.00 0.74 0.87
CPT 0.74 1.00 0.71
INVH 0.87 0.71 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AMH, CPT and INVH?

Invitation Homes (INVH) is the largest by market capitalisation: American Homes 4 Rent (AMH) $11.44B, Camden Property Trust (CPT) $10.21B, Invitation Homes (INVH) $16.05B.

Which stock is cheaper, AMH, CPT and INVH?

Invitation Homes (INVH) trades on the lowest price-to-earnings ratio (American Homes 4 Rent (AMH) 24.7x, Camden Property Trust (CPT) 31.9x, Invitation Homes (INVH) 24.4x). On next year's consensus earnings, Invitation Homes (INVH) is cheapest (American Homes 4 Rent (AMH) 30.0x, Camden Property Trust (CPT) 98.6x, Invitation Homes (INVH) 28.3x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Camden Property Trust (CPT) grew revenue fastest over the trailing twelve months: Camden Property Trust (CPT) +56.8%, Invitation Homes (INVH) +6.7%.

Which company is more profitable?

Camden Property Trust (CPT) has the highest net margin (Camden Property Trust (CPT) 2,486.2%, Invitation Homes (INVH) 23.1%).

Which stock has performed better?

Over the past year Camden Property Trust (CPT) returned the most: American Homes 4 Rent (AMH) -4.7%, Camden Property Trust (CPT) -2.5%, Invitation Homes (INVH) -5.9%. Over five years, American Homes 4 Rent (AMH) compounded fastest (American Homes 4 Rent (AMH) -4.8%/yr, Camden Property Trust (CPT) -9.0%/yr, Invitation Homes (INVH) -8.1%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Invitation Homes (INVH) has the highest dividend yield: American Homes 4 Rent (AMH) 4.05%, Camden Property Trust (CPT) 4.17%, Invitation Homes (INVH) 4.42%.

Which stock is riskier?

By one-year price volatility, Camden Property Trust (CPT) has been the steadiest (American Homes 4 Rent (AMH) 20.3%, Camden Property Trust (CPT) 20.1%, Invitation Homes (INVH) 21.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, AMH, CPT and INVH?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Invitation Homes (INVH) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.