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% quarter-over-quarter 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 $236.0 million in Q1 2026.

  • Free Cash Flow for Q1 2026 came in at $236.0 million, up 120.31% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.1 billion (up 269.8% YoY), and the FY2025 annual result was $963.5 million, up 180.19% from the prior year.
  • Free Cash Flow grew to $236.0 million in Q1 2026 per INVH's latest filing, from $69.9 million in the prior quarter.
  • Over five years, Free Cash Flow peaked at $560.5 million in Q2 2025 and troughed at -$437.5 million in Q4 2024.
  • A 5-year average of $190.9 million and a median of $225.9 million in 2025 frame the typical range for Free Cash Flow.
  • The sharpest annual moves came in 2022 and 2023: Free Cash Flow surged 458.93% in 2022, then sank 793.82% in 2023.
  • A 5-year view of Free Cash Flow shows it stood at $16.5 million in 2022, then slumped by 793.82% to -$114.6 million in 2023, then plunged by 281.8% to -$437.5 million in 2024, then jumped by 115.97% to $69.9 million in 2025, then surged by 237.81% to $236.0 million in 2026.
  • Business Quant data shows INVH's Free Cash Flow at $236.0 million in Q1 2026, $69.9 million in Q4 2025, and $225.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Avalonbay Communities 24.79 Bn 25.01 Bn - 359.48 Mn
2 Equity Residential 24.35 Bn 24.48 Bn - -192.61 Mn
3 Invitation Homes 17.23 Bn 17.27 Bn 694.98 Mn 236.00 Mn
4 Mid America Apartment Communities 15.51 Bn 15.59 Bn 537.05 Mn 158.60 Mn
5 Sun Communities 14.54 Bn 14.65 Bn 491.20 Mn 162.30 Mn
6 American Homes 4 Rent 13.37 Bn 13.94 Bn - 112.16 Mn
7 Udr 12.30 Bn 12.30 Bn 416.43 Mn 85.28 Mn
8 Equity Lifestyle Properties 12.06 Bn 12.12 Bn 393.79 Mn 148.95 Mn
9 Camden Property Trust 11.45 Bn 11.53 Bn - 54.08 Mn
10 Millrose Properties 4.75 Bn 4.75 Bn - 797.30 Mn

Historic Data

Download Data
DateValue
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