KPIs & Operating Metrics(New)

Invitation Homes (INVH) FCF Payout Ratio (2017 - 2026)

Invitation Homes (INVH) reported FCF Payout Ratio of 0.78 for Q1 2026, down 53.01% year-over-year from 1.66 in Q1 2025, and up 8434.62% on a QoQ basis from 0.01 in Q4 2025.

Invitation Homes (INVH) has 10 years of FCF Payout Ratio data on file, last reported at 0.78 in Q1 2026.

  • Quarterly FCF Payout Ratio fell 53.01% year-over-year to 0.78 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.49 (up 1383.84% YoY) and the FY2025 annual result came in at 0.0, down 72.2% from the prior year.
  • FCF Payout Ratio grew to 0.78 in Q1 2026 per INVH's latest filing, from 0.01 in the prior quarter.
  • Across five years, FCF Payout Ratio topped out at 1.66 in Q1 2025 and bottomed at 1.4 in Q4 2023.
  • The 5-year median for FCF Payout Ratio is 0.51 (2023), against an average of 0.53.
  • The widest annual swing landed in 2023, when FCF Payout Ratio plunged 5670.02%; it then jumped 183.9% in 2024.
  • Tracing INVH's FCF Payout Ratio over 5 years: stood at 0.03 in 2022, then sank by 5670.02% to 1.4 in 2023, then jumped by 183.9% to 1.17 in 2024, then sank by 99.22% to 0.01 in 2025, then surged by 8434.62% to 0.78 in 2026.
  • Per Business Quant, the three latest INVH FCF Payout Ratio figures stand at 0.78 (Q1 2026), 0.01 (Q4 2025), and 0.78 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Avalonbay Communities 25.91 Bn 26.13 Bn - 0.70
2 Equity Residential 25.13 Bn 25.27 Bn - 0.00
3 Invitation Homes 17.75 Bn 17.79 Bn 694.98 Mn 0.78
4 Sun Communities 15.66 Bn 15.77 Bn 491.20 Mn 0.83
5 Mid America Apartment Communities 15.34 Bn 15.42 Bn 537.05 Mn 4.38
6 American Homes 4 Rent 13.60 Bn 14.17 Bn - 0.99
7 Udr 12.44 Bn 12.44 Bn 416.43 Mn 1.66
8 Equity Lifestyle Properties 12.31 Bn 12.37 Bn 393.79 Mn 0.02
9 Camden Property Trust 11.27 Bn 11.34 Bn - 2.07
10 Millrose Properties 4.59 Bn 4.59 Bn - 0.16

Historic Data

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DateValue
Mar 31, 2026 0.78
Dec 31, 2025 0.01
Sep 30, 2025 0.78
Jun 30, 2025 0.32
Mar 31, 2025 1.66
Dec 31, 2024 1.17
Sep 30, 2024 0.70
Jun 30, 2024 0.45
Mar 31, 2024 1.10
Dec 31, 2023 -1.40
Sep 30, 2023 0.31
Jun 30, 2023 0.95
Mar 31, 2023 0.51
Dec 31, 2022 0.03
Sep 30, 2022 0.42
Jun 30, 2022 0.47
Mar 31, 2022 0.69
Dec 31, 2021 -0.11
Sep 30, 2021 0.17
Jun 30, 2021 1.90
Mar 31, 2021 0.86
Dec 31, 2020 1.40
Sep 30, 2020 1.17
Jun 30, 2020 1.04
Mar 31, 2020 0.59
Dec 31, 2019 -0.18
Sep 30, 2019 0.42
Jun 30, 2019 0.41
Mar 31, 2019 0.49
Dec 31, 2018 0.63
Sep 30, 2018 0.73
Jun 30, 2018 0.34
Mar 31, 2018 0.70
Dec 31, 2017 -0.53
Sep 30, 2017 0.40
Jun 30, 2017 -0.01
Mar 31, 2017 0.02