MAA vs BDN vs INVH Stock Comparison

Mid America Apartment Communities, Brandywine Realty Trust and Invitation Homes Prices as of Oct 28, 2026 Peers: Industry group
1 more company in this comparison (ESS) Create a free account to keep reading and compare up to 10 companies.
INVH Invitation Homes Inc.
$26.76 +0.8% 1M -5.1% 1Y
Market cap
$15.81B
P/E
23.2x
Revenue (TTM)
$2.90B
Div. yield
–
Residential REITs Real Estate
7 wins

Head to Head

8 decided of 12

Invitation Homes leads on 7 of the 12 questions below (Invitation Homes 7, Mid America Apartment Communities 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionMAABDNINVHLeader
Larger companyMarket capitalisation $13.66B $522.28M $15.81B INVH
Cheaper on earningsLower P/E, profitable companies only 35.6x -3.6x 23.2x INVH
Cheaper on forward earningsLower price / next fiscal year consensus EPS 32.7x — 27.9x INVH
Faster revenue growthRevenue growth, trailing twelve months +1.0% +0.5% +7.2% INVH
More profitableNet margin, trailing twelve months — -28.8% — –
Better return on capitalReturn on invested capital — 7.3% — –
Less leveragedLower net debt / EBITDA — 1.0x — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -10.7% -17.9% -5.1% INVH
Better 5-year returnAnnualised price return, 5 years -10.6%/yr -26.1%/yr -8.3%/yr INVH
Less volatileAnnualised volatility, 1 year 19.8% 35.8% 21.4% MAA
Higher overall scoreMean of the five percentile scores vs peers 49/100 58/100 64/100 INVH

Percentile Scorecard

MAABDNINVH

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

AxisMAABDNINVH
Valuation 38 #91 of 145 95 #8 of 145 56 #65 of 145
Growth 14 #123 of 142 18 #116 of 142 71 #42 of 142
Profitability 78 #30 of 135 26 #100 of 135 85 #21 of 135
Financial Health – 58 #58 of 136 –
Shareholder Returns 65 #47 of 131 93 #10 of 131 45 #73 of 131
Overall 49 58 64
  • MAA ranked among 149 companies in Property REITs
  • BDN 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

PeriodMAABDNINVHSPY
1 month -1.2%+3.9%+0.8% +0.9%
3 months -15.0%0.0%-11.2% +5.9%
6 months -10.0%-2.3%-4.7% +8.5%
Year to date -16.0%+0.3%-3.7% +13.3%
1 year -10.7%-17.9%-5.1% +12.4%
3 years -0.7%-21.9%-7.1% +88.1%
3 years, per year -0.2%-7.9%-2.4% +23.5%
5 years -42.8%-77.9%-35.1% +68.2%
5 years, per year -10.6%-26.1%-8.3% +11.0%
10 years +29.2%-80.4%— +263.4%
10 years, per year +2.6%-15.1%— +13.8%

Risk

MeasureMAABDNINVHSPY
Volatility, 1Y 19.8%35.8%21.4% 12.7%
Downside volatility, 1Y 19.2%34.1%21.2% 12.7%
Beta vs S&P 500, 1Y 0.040.580.07 1.00
Return / volatility, 1Y -0.54-0.50-0.24 0.98
Max drawdown, 5Y -50.2%-83.2%-46.2% -25.4%
From 52-week high -17.9%-17.9%-12.5% -0.9%
52-week high $142.19$3.57$30.59 $779.14
52-week low $114.20$2.47$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.

MultipleMAABDNINVH
P/E now vs peer median 35.3xmedian 25.8x -3.6xmedian 25.8x 23.3xmedian 25.8x
P/S now vs peer median 6.1xmedian 4.0x 1.0xmedian 4.0x 5.5xmedian 4.0x
EV/EBITDA now vs peer median —median 14.2x 2.9xmedian 14.2x —median 14.2x
P/FCF now vs peer median 29.0xmedian 23.0x 58.8xmedian 23.0x 30.0xmedian 23.0x
P/B now vs peer median 2.5xmedian 1.3x 0.7xmedian 1.3x 1.8xmedian 1.3x
PEG now vs peer median -2.75median 1.91 0.04median 1.91 1.80median 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 monthsMAABDNINVH
Revenue $2.22B $498.29M $2.90B
Operating income – $73.79M –
Net income $394.48M -$143.21M –
Free cash flow – $8.70M –
EPS (diluted) $3.31 $-0.82 $1.15
Cash & equivalents $25.69M $37.87M $78.93M
Total debt – $1.07B –
Shares (diluted) 116.14M 174.38M 592.50M
Enterprise value $13.66B $340.45M $15.81B

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
MetricMAABDNINVH
P/E 35.3x -3.6x 23.3x
P/FCF 29.0x 58.8x 30.0x
P/Operating cash flow – 4.2x –
P/S 6.1x 1.0x 5.5x
P/B 2.5x 0.7x 1.8x
P/Tangible book 2.5x 0.8x 1.8x
EV/EBITDA – 2.9x –
EV/EBIT – 10.4x –
EV/Revenue 6.1x 1.5x 5.5x
EV/FCF – 88.1x –
EV/Operating cash flow – 6.3x –
PEG (3Y EPS CAGR) -2.75 0.04 1.80

Growth

14 metrics
MetricMAABDNINVH
Revenue growth (1Y) 1.0% 0.5% 7.2%
Revenue CAGR (3Y) 1.4% -0.7% 6.7%
Gross profit growth (1Y) – – –
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) – 639.1% –
Operating income CAGR (3Y) – -12.4% –
Net income growth (1Y) -30.8% 56.1% –
Net income CAGR (3Y) -13.1% -97.3% –
EPS growth (1Y) -29.9% 56.2% 20.3%
EPS CAGR (3Y) -12.8% -97.9% 12.9%
Operating cash flow growth (1Y) – -18.7% –
Operating cash flow CAGR (3Y) – -14.1% –
Free cash flow growth (1Y) – -25.6% –
Free cash flow CAGR (3Y) – -30.4% –

Profitability

14 metrics
MetricMAABDNINVH
Gross margin – – –
EBITDA margin – 53.2% –
Operating margin – 14.8% –
Pretax margin – -28.7% –
Net margin – -28.8% –
FCF margin – 1.7% –
Operating cash flow margin – 24.4% –
Return on equity 7.2% -20.0% 7.6%
Return on assets 3.3% -4.0% 3.7%
Return on invested capital – 7.3% –
Return on capital employed – – –
Asset turnover 0.2x 0.1x 0.2x
Cash conversion (OCF / net income) – -0.9x –
Stock comp / revenue – 1.9% –

Financial Health

11 metrics
MetricMAABDNINVH
Debt / assets – 8.3% –
Debt / equity – 0.4x –
Net debt / EBITDA – 1.0x –
Debt / FCF – 33.7x –
Liabilities / assets 54.8% 80.3% 52.2%
Equity / assets 45.1% 19.7% 47.8%
Interest coverage – – –
Current ratio – – –
Quick ratio – – –
Cash ratio – – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricMAABDNINVH
Dividend yield 5.2% 10.9% 4.5%
Net buyback yield – 0.4% –
Shareholder yield 5.2% 11.3% 4.5%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

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.

ConsensusMAABDNINVH
Forward P/E 32.7xFY2026 – 27.9xFY2026
EPS, next fiscal year $3.57FY2026 $-0.81FY2026 $0.96FY2026
EPS growth, next FY -5.6%FY2026 – 0.0%FY2026
EPS growth, the year after -9.0% – -20.8%
Revenue, next fiscal year $2.29BFY2026 $512.58MFY2026 $3.11BFY2026
Revenue growth, next FY +3.8%FY2026 +12.0%FY2026 +13.7%FY2026
Revenue growth, the year after +1.5% -15.9% -4.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersMAABDNINVH
Held by institutions 97.1% 73.2% 100.0%
Institutions holding 771 232 622
Change in shares held, QoQ +8.2% +2.5% +9.1%
Institutions buying 395 130 338
Institutions selling 262 68 215
Buyers to sellers 1.51 1.91 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.

MAABDNINVH
MAA 1.00 0.39 0.71
BDN 0.39 1.00 0.39
INVH 0.71 0.39 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, MAA, BDN and INVH?

Invitation Homes (INVH) is the largest by market capitalisation: Mid America Apartment Communities (MAA) $13.66B, Brandywine Realty Trust (BDN) $522.28M, Invitation Homes (INVH) $15.81B.

Which stock is cheaper, MAA, BDN and INVH?

Invitation Homes (INVH) trades on the lowest price-to-earnings ratio (Mid America Apartment Communities (MAA) 35.6x, Brandywine Realty Trust (BDN) -3.6x, Invitation Homes (INVH) 23.2x). On next year's consensus earnings, Invitation Homes (INVH) is cheapest (Mid America Apartment Communities (MAA) 32.7x, Invitation Homes (INVH) 27.9x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Invitation Homes (INVH) grew revenue fastest over the trailing twelve months: Mid America Apartment Communities (MAA) +1.0%, Brandywine Realty Trust (BDN) +0.5%, Invitation Homes (INVH) +7.2%.

Which stock has performed better?

Over the past year Invitation Homes (INVH) returned the most: Mid America Apartment Communities (MAA) -10.7%, Brandywine Realty Trust (BDN) -17.9%, Invitation Homes (INVH) -5.1%. Over five years, Invitation Homes (INVH) compounded fastest (Mid America Apartment Communities (MAA) -10.6%/yr, Brandywine Realty Trust (BDN) -26.1%/yr, Invitation Homes (INVH) -8.3%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Mid America Apartment Communities (MAA) has been the steadiest (Mid America Apartment Communities (MAA) 19.8%, Brandywine Realty Trust (BDN) 35.8%, Invitation Homes (INVH) 21.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, MAA, BDN 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 7. 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.