Invitation Homes (INVH) Free Cash Flow (2016 - 2026)
Invitation Homes (INVH) reported Free Cash Flow of $236.0 million for Q1 2026, up 120.31% year-over-year from $107.1 million in Q1 2025, and up 237.81% on a QoQ basis from $69.9 million in Q4 2025.
Invitation Homes (INVH) has 11 years of Free Cash Flow data on file, last reported at $236.0 million in Q1 2026.
- Quarterly Free Cash Flow rose 120.31% year-over-year to $236.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.1 billion (up 269.8% YoY) and the FY2025 annual result came in at $963.5 million, up 180.19% from the prior year.
- Free Cash Flow advanced to $236.0 million in Q1 2026 per INVH's latest filing, from $69.9 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $560.5 million in Q2 2025 and bottomed at -$437.5 million in Q4 2024.
- The 5-year median for Free Cash Flow is $225.9 million (2025), against an average of $190.9 million.
- The widest annual swing landed in 2022, when Free Cash Flow soared 458.93%; it then tumbled 793.82% in 2023.
- Tracing INVH's Free Cash Flow over 5 years: stood at $16.5 million in 2022, then plunged by 793.82% to -$114.6 million in 2023, then slumped by 281.8% to -$437.5 million in 2024, then surged by 115.97% to $69.9 million in 2025, then soared by 237.81% to $236.0 million in 2026.
- Per Business Quant, the three latest INVH Free Cash Flow figures stand at $236.0 million (Q1 2026), $69.9 million (Q4 2025), and $225.9 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 25.91 Bn | 26.13 Bn | - | 359.48 Mn |
| 2 | Equity Residential | 25.13 Bn | 25.27 Bn | - | -192.61 Mn |
| 3 | Invitation Homes | 17.75 Bn | 17.79 Bn | 694.98 Mn | 236.00 Mn |
| 4 | Sun Communities | 15.66 Bn | 15.77 Bn | 491.20 Mn | 162.30 Mn |
| 5 | Mid America Apartment Communities | 15.34 Bn | 15.42 Bn | 537.05 Mn | 158.60 Mn |
| 6 | American Homes 4 Rent | 13.60 Bn | 14.17 Bn | - | 112.16 Mn |
| 7 | Udr | 12.44 Bn | 12.44 Bn | 416.43 Mn | 85.28 Mn |
| 8 | Equity Lifestyle Properties | 12.31 Bn | 12.37 Bn | 393.79 Mn | 148.95 Mn |
| 9 | Camden Property Trust | 11.27 Bn | 11.34 Bn | - | 54.08 Mn |
| 10 | Millrose Properties | 4.59 Bn | 4.59 Bn | - | 797.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 236.00 Mn |
| Mar 31, 2026 | 236.00 Mn |
| Dec 31, 2025 | 69.86 Mn |
| Dec 31, 2025 | 69.86 Mn |
| Sep 30, 2025 | 225.95 Mn |
| Sep 30, 2025 | 225.95 Mn |
| Jun 30, 2025 | 560.55 Mn |
| Jun 30, 2025 | 560.55 Mn |
| Mar 31, 2025 | 107.12 Mn |
| Mar 31, 2025 | 107.12 Mn |
| Dec 31, 2024 | -437.45 Mn |
| Dec 31, 2024 | -437.45 Mn |
| Sep 30, 2024 | 245.07 Mn |
| Sep 30, 2024 | 245.07 Mn |
| Jun 30, 2024 | 380.65 Mn |
| Jun 30, 2024 | 380.65 Mn |
| Mar 31, 2024 | 155.60 Mn |
| Mar 31, 2024 | 155.60 Mn |
| Dec 31, 2023 | -114.58 Mn |
| Dec 31, 2023 | -114.58 Mn |
| Sep 30, 2023 | 520.84 Mn |
| Sep 30, 2023 | 520.84 Mn |
| Jun 30, 2023 | 167.25 Mn |
| Jun 30, 2023 | 167.25 Mn |
| Mar 31, 2023 | 312.47 Mn |
| Mar 31, 2023 | 312.47 Mn |
| Dec 31, 2022 | 16.51 Mn |
| Dec 31, 2022 | 16.51 Mn |
| Sep 30, 2022 | 319.74 Mn |
| Sep 30, 2022 | 319.74 Mn |
| Jun 30, 2022 | 285.08 Mn |
| Jun 30, 2022 | 285.08 Mn |
| Mar 31, 2022 | 194.18 Mn |
| Mar 31, 2022 | 194.18 Mn |
| Dec 31, 2021 | -948.90 Mn |
| Dec 31, 2021 | -948.90 Mn |
| Sep 30, 2021 | 565.61 Mn |
| Sep 30, 2021 | 565.61 Mn |
| Jun 30, 2021 | 51.00 Mn |
| Jun 30, 2021 | 51.00 Mn |
| Mar 31, 2021 | 113.12 Mn |
| Mar 31, 2021 | 113.12 Mn |
| Dec 31, 2020 | 236.17 Mn |
| Dec 31, 2020 | 236.17 Mn |
| Sep 30, 2020 | 72.22 Mn |
| Sep 30, 2020 | 72.22 Mn |
| Jun 30, 2020 | 78.53 Mn |
| Jun 30, 2020 | 78.53 Mn |
| Mar 31, 2020 | 137.50 Mn |
| Mar 31, 2020 | 137.50 Mn |
| Dec 31, 2019 | -396.37 Mn |
| Dec 31, 2019 | -396.37 Mn |
| Sep 30, 2019 | 167.24 Mn |
| Sep 30, 2019 | 167.24 Mn |
| Jun 30, 2019 | 167.46 Mn |
| Jun 30, 2019 | 167.46 Mn |
| Mar 31, 2019 | 137.73 Mn |
| Mar 31, 2019 | 137.73 Mn |
| Dec 31, 2018 | 90.96 Mn |
| Dec 31, 2018 | 90.96 Mn |
| Sep 30, 2018 | 79.18 Mn |
| Sep 30, 2018 | 79.18 Mn |
| Jun 30, 2018 | 167.83 Mn |
| Jun 30, 2018 | 167.83 Mn |
| Mar 31, 2018 | 81.59 Mn |
| Mar 31, 2018 | 81.59 Mn |
| Dec 31, 2017 | -47.28 Mn |
| Dec 31, 2017 | -47.28 Mn |
| Sep 30, 2017 | 110.80 Mn |
| Sep 30, 2017 | 110.80 Mn |
| Jun 30, 2017 | 91.56 Mn |
| Jun 30, 2017 | 91.56 Mn |
| Mar 31, 2017 | 65.27 Mn |
| Mar 31, 2017 | 65.27 Mn |
| Dec 31, 2016 | -240.43 Mn |
| Dec 31, 2016 | -240.43 Mn |
| Sep 30, 2016 | 262.06 Mn |
| Sep 30, 2016 | 262.06 Mn |
| Jun 30, 2016 | -126.52 Mn |
| Jun 30, 2016 | -126.52 Mn |
| Mar 31, 2016 | 76.71 Mn |
| Mar 31, 2016 | 76.71 Mn |