Invitation Homes (INVH) Depreciation Expense (2016 - 2026)
Invitation Homes (INVH) reported Depreciation Expense of $193.1 million for Q1 2026, up 5.46% year-over-year from $183.1 million in Q1 2025, and up 1.72% on a QoQ basis from $189.9 million in Q4 2025.
Invitation Homes (INVH) has 11 years of Depreciation Expense data on file, last reported at $193.1 million in Q1 2026.
- Quarterly Depreciation Expense rose 5.46% year-over-year to $193.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $756.9 million (up 4.81% YoY) and the FY2025 annual result came in at $746.9 million, up 4.56% from the prior year.
- Depreciation Expense advanced to $193.1 million in Q1 2026 per INVH's latest filing, from $189.9 million in the prior quarter.
- Across five years, Depreciation Expense topped out at $193.1 million in Q1 2026 and bottomed at $155.8 million in Q1 2022.
- The 5-year median for Depreciation Expense is $175.3 million (2024), against an average of $174.5 million.
- The widest annual swing landed in 2022, when Depreciation Expense rose 9.15%; it then grew 4.38% in 2025.
- Tracing INVH's Depreciation Expense over 5 years: stood at $163.3 million in 2022, then gained by 6.03% to $173.2 million in 2023, then increased by 5.05% to $181.9 million in 2024, then increased by 4.38% to $189.9 million in 2025, then climbed by 1.72% to $193.1 million in 2026.
- Per Business Quant, the three latest INVH Depreciation Expense figures stand at $193.1 million (Q1 2026), $189.9 million (Q4 2025), and $188.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 25.91 Bn | 26.13 Bn | - | 233.10 Mn |
| 2 | Equity Residential | 25.13 Bn | 25.27 Bn | - | 258.11 Mn |
| 3 | Invitation Homes | 17.75 Bn | 17.79 Bn | 694.98 Mn | 193.14 Mn |
| 4 | Sun Communities | 15.66 Bn | 15.77 Bn | 491.20 Mn | - |
| 5 | Mid America Apartment Communities | 15.34 Bn | 15.42 Bn | 537.05 Mn | - |
| 6 | American Homes 4 Rent | 13.60 Bn | 14.17 Bn | - | 5.70 Mn |
| 7 | Udr | 12.44 Bn | 12.44 Bn | 416.43 Mn | 161.27 Mn |
| 8 | Equity Lifestyle Properties | 12.31 Bn | 12.37 Bn | 393.79 Mn | - |
| 9 | Camden Property Trust | 11.27 Bn | 11.34 Bn | - | - |
| 10 | Millrose Properties | 4.59 Bn | 4.59 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 193.14 Mn |
| Dec 31, 2025 | 189.88 Mn |
| Sep 30, 2025 | 188.46 Mn |
| Jun 30, 2025 | 185.46 Mn |
| Mar 31, 2025 | 183.15 Mn |
| Dec 31, 2024 | 181.91 Mn |
| Sep 30, 2024 | 180.48 Mn |
| Jun 30, 2024 | 176.62 Mn |
| Mar 31, 2024 | 175.31 Mn |
| Dec 31, 2023 | 173.16 Mn |
| Sep 30, 2023 | 170.70 Mn |
| Jun 30, 2023 | 165.76 Mn |
| Mar 31, 2023 | 164.67 Mn |
| Dec 31, 2022 | 163.32 Mn |
| Sep 30, 2022 | 160.43 Mn |
| Jun 30, 2022 | 158.57 Mn |
| Mar 31, 2022 | 155.80 Mn |
| Dec 31, 2021 | 151.66 Mn |
| Sep 30, 2021 | 150.69 Mn |
| Jun 30, 2021 | 145.28 Mn |
| Mar 31, 2021 | 144.50 Mn |
| Dec 31, 2020 | 142.09 Mn |
| Sep 30, 2020 | 138.15 Mn |
| Jun 30, 2020 | 137.27 Mn |
| Mar 31, 2020 | 135.03 Mn |
| Dec 31, 2019 | 133.76 Mn |
| Sep 30, 2019 | 133.32 Mn |
| Jun 30, 2019 | 133.03 Mn |
| Mar 31, 2019 | 133.61 Mn |
| Dec 31, 2018 | 130.22 Mn |
| Sep 30, 2018 | 139.37 Mn |
| Jun 30, 2018 | 146.45 Mn |
| Mar 31, 2018 | 144.50 Mn |
| Dec 31, 2017 | 107.02 Mn |
| Sep 30, 2017 | 67.47 Mn |
| Jun 30, 2017 | 67.52 Mn |
| Mar 31, 2017 | 67.58 Mn |
| Dec 31, 2016 | 69.42 Mn |
| Sep 30, 2016 | 66.48 Mn |
| Jun 30, 2016 | 66.08 Mn |
| Mar 31, 2016 | 65.70 Mn |