Invitation Homes (INVH) FCF Margin (2016 - 2026)
Invitation Homes' FCF Margin came in at 42.97% for Q2 2026, up 34.36 percentage points from 8.61% a year earlier and up 12.80 percentage points from the prior quarter.
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Analysis
Invitation Homes (INVH) FCF Margin (2016 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Invitation Homes reported FCF Margin of 29.08%, up 24.65 percentage points year-over-year; for FY2025, it was 16.61%, up 3.48 percentage points from FY2024.
- FCF Margin carries a five-year change of +12.49 percentage points (FY2020 to FY2025).
- Going back by year, FCF Margin was 13.13% in FY2024 (+7.22 pp), 5.91% in FY2023 (-14.59 pp), 20.50% in FY2022 (+31.48 pp) and -10.98% in FY2021 (-15.09 pp).
- The Q2 2026 figure represents the highest quarterly FCF Margin since Q1 2023.
- Year-over-year, FCF Margin has increased for four consecutive quarters, with an average year-over-year change of +13.66 percentage points over the last eight quarters.
- The fastest year-over-year change in FCF Margin over five years came in Q3 2022 (a gain of 70.20 percentage points), and the weakest in Q3 2023 (a drop of 104.97 percentage points).
- Business Quant data shows INVH's FCF Margin at 30.17% (Q1 2026), 8.26% (Q4 2025) and 33.57% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 167.90 Bn | 150.42 Bn | 1.39 Bn | 19.31% |
| 2 | Prologis | 123.74 Bn | 128.13 Bn | - | - |
| 3 | Simon Property | 66.68 Bn | 67.94 Bn | - | 52.96% |
| 4 | Realty Income | 52.20 Bn | 54.59 Bn | - | 70.29% |
| 5 | Public Storage | 50.15 Bn | 49.24 Bn | - | 65.90% |
| 6 | Ventas | 44.59 Bn | 43.78 Bn | - | 26.29% |
| 7 | Extra Space Storage | 28.21 Bn | 28.21 Bn | 642.43 Mn | 63.45% |
| 8 | Vici Properties | 25.53 Bn | 23.65 Bn | 1.05 Bn | 66.74% |
| 9 | Vivmark Residential | 23.00 Bn | 23.19 Bn | - | - |
| 10 | Invitation Homes | 15.69 Bn | 15.73 Bn | - | 42.97% |
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% |
API Access
Invitation Homes FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=INVH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "INVH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=INVH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();