KPIs & Operating Metrics(New)

Invitation Homes (INVH) FCF Margin (2016 - 2026)

Invitation Homes (INVH) reported FCF Margin of 32.15% for Q1 2026, up 1627.0% year-over-year from 1.86% in Q1 2025, and up 215.33% on a QoQ basis from 10.2% in Q4 2025.

Invitation Homes (INVH) has 10 years of FCF Margin data on file, last reported at 32.15% in Q1 2026.

  • Quarterly FCF Margin rose 1627.0% year-over-year to 32.15% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 39.17% (up 2801.0% YoY) and the FY2025 annual result came in at 35.3%, up 2217.0% from the prior year.
  • FCF Margin advanced to 32.15% in Q1 2026 per INVH's latest filing, from 10.2% in the prior quarter.
  • Across five years, FCF Margin topped out at 84.32% in Q3 2023 and bottomed at 66.37% in Q4 2024.
  • The 5-year median for FCF Margin is 32.83% (2025), against an average of 30.58%.
  • Peak annual rise in FCF Margin reached 18525 bps in 2022, while the deepest fall reached 5478 bps in 2022.
  • Tracing INVH's FCF Margin over 5 years: stood at 2.85% in 2022, then tumbled by 744 bps to 18.35% in 2023, then tumbled by 262 bps to 66.37% in 2024, then jumped by 115 bps to 10.2% in 2025, then surged by 215 bps to 32.15% in 2026.
  • Per Business Quant, the three latest INVH FCF Margin figures stand at 32.15% (Q1 2026), 10.2% (Q4 2025), and 32.83% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Avalonbay Communities 25.91 Bn 26.13 Bn - 46.67%
2 Equity Residential 25.13 Bn 25.27 Bn - -
3 Invitation Homes 17.75 Bn 17.79 Bn 694.98 Mn 32.15%
4 Sun Communities 15.66 Bn 15.77 Bn 491.20 Mn 31.96%
5 Mid America Apartment Communities 15.34 Bn 15.42 Bn 537.05 Mn 28.55%
6 American Homes 4 Rent 13.60 Bn 14.17 Bn - -
7 Udr 12.44 Bn 12.44 Bn 416.43 Mn 20.03%
8 Equity Lifestyle Properties 12.31 Bn 12.37 Bn 393.79 Mn 37.46%
9 Camden Property Trust 11.27 Bn 11.34 Bn - 2,523.66%
10 Millrose Properties 4.59 Bn 4.59 Bn - 409.02%

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 32.15%
Dec 31, 2025 10.20%
Sep 30, 2025 32.83%
Jun 30, 2025 82.26%
Mar 31, 2025 15.88%
Dec 31, 2024 -66.37%
Sep 30, 2024 37.11%
Jun 30, 2024 58.25%
Mar 31, 2024 24.08%
Dec 31, 2023 -18.35%
Sep 30, 2023 84.32%
Jun 30, 2023 27.86%
Mar 31, 2023 52.97%
Dec 31, 2022 2.85%
Sep 30, 2022 56.23%
Jun 30, 2022 51.15%
Mar 31, 2022 36.48%
Dec 31, 2021 -182.40%
Sep 30, 2021 111.01%
Jun 30, 2021 10.37%
Mar 31, 2021 23.80%
Dec 31, 2020 50.89%
Sep 30, 2020 15.73%
Jun 30, 2020 17.46%
Mar 31, 2020 30.57%
Dec 31, 2018 21.02%
Sep 30, 2018 18.23%
Jun 30, 2018 38.81%
Mar 31, 2018 19.26%
Dec 31, 2017 -14.33%
Sep 30, 2017 45.49%
Jun 30, 2017 37.80%
Mar 31, 2017 27.34%
Dec 31, 2016 -102.50%
Sep 30, 2016 112.45%
Jun 30, 2016 -54.89%
Mar 31, 2016 34.17%