Invitation Homes (INVH) FCF Margin (2016 - 2026)
Invitation Homes (INVH) posted quarterly FCF Margin of 42.97% for 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.
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.
- In Q2 2026, FCF Margin rose 3436.0% year-over-year to 42.97%; the TTM figure through Jun 2026 stood at 29.08% (up 2465.0% YoY), while the FY2025 annual figure was 16.61%, up 348.0% from the prior year.
- FCF Margin rose to 42.97% in Q2 2026 per INVH's latest filing, from 30.17% in the prior quarter.
- Across five years, FCF Margin topped out at 45.55% in Q3 2022 and bottomed at 59.42% in Q3 2023.
- Historically, FCF Margin has averaged 16.66% across 5 years, with a median of 17.21% in 2025.
- Annual changes were most pronounced in 2022 — FCF Margin soared 7020 bps — and 2023, when it slumped 10497 bps.
- Invitation Homes' 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 jumped by 188 bps to 8.26% in 2025, then surged by 420 bps to 42.97% in 2026.
- Business Quant data shows INVH's FCF Margin at 42.97% in Q2 2026, 30.17% in Q1 2026, and 8.26% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.11 Bn | 26.32 Bn | - | 6.44% |
| 2 | Erp Operating Ltd Partnership | 23.87 Bn | 24.06 Bn | - | - |
| 3 | Invitation Homes | 17.86 Bn | 17.86 Bn | 705.34 Mn | 42.97% |
| 4 | Mid America Apartment Communities | 15.30 Bn | 15.17 Bn | 537.17 Mn | - |
| 5 | Sun Communities | 14.92 Bn | 14.92 Bn | 460.10 Mn | 41.25% |
| 6 | Equity Lifestyle Properties | 12.61 Bn | 12.61 Bn | 375.97 Mn | 21.06% |
| 7 | American Homes 4 Rent | 12.38 Bn | 12.38 Bn | - | - |
| 8 | Udr | 12.18 Bn | 12.18 Bn | 412.43 Mn | 47.36% |
| 9 | Camden Property Trust | 11.04 Bn | 11.04 Bn | - | -4,499.01% |
| 10 | Millrose Properties | 5.08 Bn | 5.08 Bn | - | 450.09% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 42.97% |
| Mar 31, 2026 | 30.17% |
| Dec 31, 2025 | 10.20% |
| Sep 30, 2025 | 46.72% |
| Jun 30, 2025 | 47.33% |
| Dec 31, 2024 | -9.67% |
| Sep 30, 2024 | 59.05% |
| Jun 30, 2024 | 48.23% |
| Mar 31, 2024 | 34.22% |
| Dec 31, 2023 | -137.23% |
| Sep 30, 2023 | 84.32% |
| Jun 30, 2023 | 35.30% |
| Mar 31, 2023 | 45.39% |
| Dec 31, 2022 | 2.85% |
| Sep 30, 2022 | 116.63% |
| Jun 30, 2022 | -10.48% |
| Mar 31, 2022 | 9,198.67% |
| Dec 31, 2021 | 5.04% |
| Sep 30, 2021 | 21,941.95% |
| Jun 30, 2021 | 31,480.10% |