Invitation Homes (INVH) FCF Margin (2016 - 2026)
Invitation Homes' FCF Margin came in at 34.86% for Q2 2026, up 35.05 percentage points from -0.19% a year earlier and up 13.67 percentage points from the prior quarter.
Invitation Homes (INVH) FCF Margin (2016 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Invitation Homes reported FCF Margin of 18.33%, up 23.14 percentage points year-over-year; for FY2025, it was 5.94%, up 2.35 percentage points from FY2024.
- FCF Margin carries a five-year change of +16.69 percentage points (FY2020 to FY2025).
- Going back by year, FCF Margin was 3.58% in FY2024 (+8.00 pp), -4.42% in FY2023 (-10.16 pp), 5.74% in FY2022 (+28.75 pp) and -23.01% in FY2021 (-12.25 pp).
- The Q2 2026 figure represents the highest quarterly FCF Margin in data going back to Q1 2016.
- Year-over-year, FCF Margin has increased for four consecutive quarters, with an average year-over-year change of +13.22 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 65.72 percentage points), and the weakest in Q3 2023 (a drop of 99.82 percentage points).
- Business Quant data shows INVH's FCF Margin at 21.19% (Q1 2026), -4.18% (Q4 2025) and 19.74% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 170.14 Bn | 156.17 Bn | 1.47 Bn | -78.67% |
| 2 | Prologis | 120.69 Bn | 114.64 Bn | - | 8.67% |
| 3 | Simon Property | 70.61 Bn | 66.46 Bn | - | 35.57% |
| 4 | Public Storage | 59.72 Bn | 58.45 Bn | - | 61.86% |
| 5 | Realty Income | 52.99 Bn | 51.21 Bn | - | -52.51% |
| 6 | Ventas | 43.55 Bn | 42.22 Bn | - | -44.56% |
| 7 | Extra Space Storage | 31.90 Bn | 31.90 Bn | - | - |
| 8 | Vici Properties | 26.83 Bn | 25.18 Bn | 1.06 Bn | 60.78% |
| 9 | Vivmark Residential | 23.14 Bn | 22.92 Bn | - | - |
| 10 | Invitation Homes | 15.60 Bn | 15.20 Bn | - | 25.48% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 25.48% |
| Jun 30, 2026 | 34.86% |
| Mar 31, 2026 | 21.19% |
| Dec 31, 2025 | -4.18% |
| Sep 30, 2025 | 19.74% |
| Jun 30, 2025 | -0.19% |
| Mar 31, 2025 | 8.33% |
| Dec 31, 2024 | -18.45% |
| Sep 30, 2024 | -9.39% |
| Jun 30, 2024 | 26.75% |
| Mar 31, 2024 | 15.89% |
| Dec 31, 2023 | -6.22% |
| Sep 30, 2023 | -70.60% |
| Jun 30, 2023 | 27.45% |
| Mar 31, 2023 | 34.34% |
| Dec 31, 2022 | -1.63% |
| Sep 30, 2022 | 29.22% |
| Jun 30, 2022 | 2.94% |
| Mar 31, 2022 | -8.39% |
| Dec 31, 2021 | -63.05% |
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_KEY
import 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();