Invitation Homes (INVH) Free Cash Flow (2016 - 2026)
Invitation Homes' (INVH) quarterly Free Cash Flow came in at $221.5 million in Q1 2026, down 11.26% year-on-year from $249.6 million in Q1 2025, and up 217.05% on a QoQ basis from $69.9 million in Q4 2025.
Invitation Homes (INVH) Free Cash Flow (2016 - 2026) Analysis & Trends
Invitation Homes (INVH) has 11 years of Free Cash Flow data on file, last reported at $221.5 million in Q1 2026.
- On a quarterly basis, Free Cash Flow fell 11.26% year-over-year to $221.5 million in Q1 2026; TTM through Mar 2026 was $935.4 million, a 4.99% increase from a year earlier, with the FY2025 full-year figure at $963.5 million, up 11.72% from the prior year.
- Free Cash Flow for Q1 2026 stood at $221.5 million, up from $69.9 million in the prior quarter.
- Over the last five years, Free Cash Flow for INVH reached as high as $663.2 million in Q3 2022 and fell as low as -$856.8 million in Q4 2023.
- Historically, Free Cash Flow has averaged $176.9 million across 5 years, with a median of $221.5 million in 2026.
- On a YoY basis, Free Cash Flow climbed as much as 462.82% in 2023 and fell as far as 5288.21% in 2023.
- Year by year, Free Cash Flow stood at $16.5 million in 2022, then tumbled by 5288.21% to -$856.8 million in 2023, then soared by 92.56% to -$63.8 million in 2024, then soared by 209.58% to $69.9 million in 2025, then soared by 217.05% to $221.5 million in 2026.
- Per Business Quant data, the three most recent Free Cash Flow figures were $221.5 million in Q1 2026, $69.9 million in Q4 2025, and $321.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.48 Bn | 26.48 Bn | - | 82.11 Mn |
| 2 | Equity Residential | 25.80 Bn | 25.80 Bn | - | 357.18 Mn |
| 3 | Invitation Homes | 18.05 Bn | 18.05 Bn | 694.98 Mn | 221.50 Mn |
| 4 | Mid America Apartment Communities | 15.67 Bn | 15.54 Bn | 537.05 Mn | 158.60 Mn |
| 5 | Sun Communities | 14.96 Bn | 14.96 Bn | 491.20 Mn | 162.30 Mn |
| 6 | Udr | 13.01 Bn | 12.98 Bn | 416.43 Mn | 100.23 Mn |
| 7 | Equity Lifestyle Properties | 12.85 Bn | 12.85 Bn | 378.95 Mn | 148.95 Mn |
| 8 | American Homes 4 Rent | 12.22 Bn | 12.22 Bn | - | 203.06 Mn |
| 9 | Camden Property Trust | 11.94 Bn | 11.94 Bn | - | 148.11 Mn |
| 10 | Millrose Properties | 4.76 Bn | 4.76 Bn | - | 797.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 221.50 Mn |
| Mar 31, 2026 | 221.50 Mn |
| Dec 31, 2025 | 69.86 Mn |
| Dec 31, 2025 | 69.86 Mn |
| Sep 30, 2025 | 321.50 Mn |
| Sep 30, 2025 | 321.50 Mn |
| Jun 30, 2025 | 322.51 Mn |
| Jun 30, 2025 | 322.51 Mn |
| Mar 31, 2025 | 249.60 Mn |
| Mar 31, 2025 | 249.60 Mn |
| Dec 31, 2024 | -63.76 Mn |
| Dec 31, 2024 | -63.76 Mn |
| Sep 30, 2024 | 389.92 Mn |
| Sep 30, 2024 | 389.92 Mn |
| Jun 30, 2024 | 315.15 Mn |
| Jun 30, 2024 | 315.15 Mn |
| Mar 31, 2024 | 221.10 Mn |
| Mar 31, 2024 | 221.10 Mn |
| Dec 31, 2023 | -856.78 Mn |
| Dec 31, 2023 | -856.78 Mn |