Invitation Homes (INVH) FCF Margin (2016 - 2026)
Invitation Homes' (INVH) quarterly FCF Margin came in at 42.97% in Q2 2026, up 3436.0% year-over-year from 1.22% in Q2 2025, and up 42.42% quarter-over-quarter from 30.17% in Q1 2026.
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Invitation Homes (INVH) FCF Margin (2016 - 2026) Analysis & Trends
Invitation Homes (INVH) has reported FCF Margin for 10 consecutive years, with 42.97% the latest figure, recorded in Q2 2026.
- On a quarterly basis, FCF Margin rose 3436.0% year-over-year to 42.97% in Q2 2026; TTM through Jun 2026 was 29.08%, a 2465.0% increase from a year earlier, with the FY2025 full-year figure at 16.61%, up 348.0% from the prior year.
- FCF Margin was 42.97% for Q2 2026 at Invitation Homes, up from 30.17% in the prior quarter.
- Over five years, FCF Margin peaked at 45.55% in Q3 2022 and troughed at 59.42% in Q3 2023.
- A 5-year average of 16.66% and a median of 17.21% in 2025 frame the typical range for FCF Margin.
- Across the five-year window, FCF Margin surged 7020 bps in 2022 and tumbled 10497 bps in 2023, its largest moves.
- Over 5 years, FCF Margin stood at 11.05% in 2022, then slumped by 55 bps to 4.98% in 2023, then plunged by 289 bps to 9.42% in 2024, then surged by 188 bps to 8.26% in 2025, then soared by 420 bps to 42.97% in 2026.
- The last three FCF Margin figures came in at 42.97% (Q2 2026), 30.17% (Q1 2026), and 8.26% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vivmark Residential | 24.24 Bn | 24.24 Bn | - | - |
| 2 | Invitation Homes | 16.37 Bn | 16.37 Bn | 705.34 Mn | 42.97% |
| 3 | Mid America Apartment Communities | 14.47 Bn | 14.34 Bn | 537.17 Mn | - |
| 4 | Sun Communities | 14.15 Bn | 14.15 Bn | 460.10 Mn | 41.25% |
| 5 | Equity Lifestyle Properties | 11.72 Bn | 11.72 Bn | 375.97 Mn | 21.06% |
| 6 | American Homes 4 Rent | 11.37 Bn | 11.37 Bn | - | - |
| 7 | Udr | 11.32 Bn | 11.32 Bn | 412.43 Mn | 47.36% |
| 8 | Camden Property Trust | 10.48 Bn | 10.48 Bn | - | -4,499.01% |
| 9 | Avalonbay Communities | 9.67 Bn | 9.87 Bn | - | 6.44% |
| 10 | Independence Realty Trust | 3.55 Bn | 3.55 Bn | - | 27.76% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 42.97% |
| Mar 31, 2026 | 30.17% |
| Dec 31, 2025 | 8.26% |
| Sep 30, 2025 | 33.57% |
| Jun 30, 2025 | 8.61% |
| Mar 31, 2025 | 15.88% |
| Dec 31, 2024 | -9.42% |
| Sep 30, 2024 | 2.26% |
| Jun 30, 2024 | 36.03% |
| Mar 31, 2024 | 24.08% |
| Dec 31, 2023 | 4.98% |
| Sep 30, 2023 | -59.42% |
| Jun 30, 2023 | 36.94% |
| Mar 31, 2023 | 43.72% |
| Dec 31, 2022 | 11.05% |
| Sep 30, 2022 | 45.55% |
| Jun 30, 2022 | 18.53% |
| Mar 31, 2022 | 6.11% |
| Dec 31, 2021 | -49.53% |
| Sep 30, 2021 | -24.65% |