Invitation Homes (INVH) FCF Payout Ratio (2017 - 2026)
Invitation Homes (INVH) posted quarterly FCF Payout Ratio of 0.56 for Q2 2026, down 81.74% year-over-year from 3.04 in Q2 2025, and down 33.37% quarter-over-quarter from 0.83 in Q1 2026.
Invitation Homes (INVH) FCF Payout Ratio (2017 - 2026) Analysis & Trends
Invitation Homes (INVH) has reported FCF Payout Ratio for 10 consecutive years, with 0.56 the latest figure, recorded in Q2 2026.
- In Q2 2026, FCF Payout Ratio fell 81.74% year-over-year to 0.56; the TTM figure through Jun 2026 stood at 0.87 (down 88.23% YoY), while the FY2025 annual figure was 1.58, down 36.99% from the prior year.
- FCF Payout Ratio eased to 0.56 in Q2 2026 per INVH's latest filing, from 0.83 in the prior quarter.
- Across five years, FCF Payout Ratio topped out at 11.56 in Q3 2024 and bottomed at 5.6 in Q4 2024.
- Historically, FCF Payout Ratio has averaged 1.78 across 5 years, with a median of 0.97 in 2024.
- On a YoY basis, FCF Payout Ratio climbed as much as 2742.74% in 2024 and fell as far as 208.76% in 2024.
- Invitation Homes' FCF Payout Ratio stood at 2.11 in 2022, then soared by 143.84% to 5.15 in 2023, then tumbled by 208.76% to 5.6 in 2024, then jumped by 157.83% to 3.24 in 2025, then sank by 82.85% to 0.56 in 2026.
- Business Quant data shows INVH's FCF Payout Ratio at 0.56 in Q2 2026, 0.83 in Q1 2026, and 3.24 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.11 Bn | 26.32 Bn | - | 5.09 |
| 2 | Erp Operating Ltd Partnership | 23.87 Bn | 24.06 Bn | - | - |
| 3 | Invitation Homes | 17.81 Bn | 17.81 Bn | 705.34 Mn | 0.56 |
| 4 | Mid America Apartment Communities | 15.25 Bn | 15.12 Bn | 537.17 Mn | - |
| 5 | Sun Communities | 14.88 Bn | 14.88 Bn | 460.10 Mn | 0.72 |
| 6 | Equity Lifestyle Properties | 12.64 Bn | 12.64 Bn | 375.97 Mn | 1.30 |
| 7 | American Homes 4 Rent | 12.38 Bn | 12.38 Bn | - | 0.41 |
| 8 | Udr | 12.15 Bn | 12.15 Bn | 412.43 Mn | 0.70 |
| 9 | Camden Property Trust | 10.98 Bn | 10.98 Bn | - | -0.80 |
| 10 | Millrose Properties | 5.05 Bn | 5.05 Bn | - | 0.14 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.56 |
| Mar 31, 2026 | 0.00 |
| Dec 31, 2025 | 2.62 |
| Sep 30, 2025 | 0.55 |
| Jun 30, 2025 | 0.55 |
| Mar 31, 2025 | 0.00 |
| Dec 31, 2024 | 8.04 |
| Sep 30, 2024 | 0.44 |
| Jun 30, 2024 | 0.54 |
| Mar 31, 2024 | 0.78 |
| Dec 31, 2023 | -0.19 |
| Sep 30, 2023 | 0.31 |
| Jun 30, 2023 | 0.75 |
| Mar 31, 2023 | 0.60 |
| Dec 31, 2022 | 0.03 |
| Sep 30, 2022 | 0.20 |
| Jun 30, 2022 | -2.31 |
| Mar 31, 2022 | 0.00 |
| Dec 31, 2021 | 3.91 |
| Sep 30, 2021 | 0.33 |