REIT - Residential
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5 / 10Stock Comparison
AMH vs INVH vs EQR vs AVB vs UDR
Revenue, margins, valuation, and 5-year total return — side by side.
REIT - Residential
REIT - Residential
REIT - Residential
REIT - Residential
AMH vs INVH vs EQR vs AVB vs UDR — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||||
|---|---|---|---|---|---|
| Industry | REIT - Residential | REIT - Residential | REIT - Residential | REIT - Residential | REIT - Residential |
| Market Cap | $11.77B | $17.37B | $24.68B | $25.85B | $12.04B |
| Revenue (TTM) | $1.87B | $2.79B | $3.12B | $3.04B | $1.72B |
| Net Income (TTM) | $467M | $583M | $954M | $1.05B | $491M |
| Gross Margin | 30.2% | 45.0% | 46.3% | 67.0% | 46.0% |
| Operating Margin | 25.0% | 31.2% | 28.5% | 30.1% | 27.4% |
| Forward P/E | 44.7x | 40.0x | 50.6x | 37.7x | 66.1x |
| Total Debt | $5.13B | $8.38B | $8.78B | $9.33B | $6.19B |
| Cash & Equiv. | $109M | $130M | $56M | $187M | $37M |
AMH vs INVH vs EQR vs AVB vs UDR — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| American Homes 4 Re… (AMH) | 100 | 128.4 | +28.4% |
| Invitation Homes In… (INVH) | 100 | 110.2 | +10.2% |
| Equity Residential (EQR) | 100 | 108.8 | +8.8% |
| AvalonBay Communiti… (AVB) | 100 | 119.1 | +19.1% |
| UDR, Inc. (UDR) | 100 | 99.9 | -0.1% |
Price return only. Dividends and distributions are not included.
Quick Verdict: AMH vs INVH vs EQR vs AVB vs UDR
Each card shows where this stock fits in a portfolio — not just who wins on paper.
AMH carries the broadest edge in this set and is the clearest fit for growth exposure and long-term compounding.
- Rev growth 8.0%, EPS growth 9.3%, 3Y rev CAGR 7.8%
- 116.9% 10Y total return vs INVH's 81.2%
- Lower volatility, beta 0.17, Low D/E 66.5%, current ratio 62.90x
- PEG 1.34 vs EQR's 9.94
Among these 5 stocks, INVH doesn't own a clear edge in any measured category.
EQR ranks third and is worth considering specifically for momentum.
- -2.7% vs INVH's -13.6%
AVB is the #2 pick in this set and the best alternative if quality and efficiency is your priority.
- 34.6% margin vs INVH's 20.9%
- 4.8% ROA vs INVH's 3.1%, ROIC 3.3% vs 3.1%
UDR is the clearest fit if your priority is income & stability.
- Dividend streak 15 yrs, beta 0.39, yield 4.6%
- 4.6% yield, 15-year raise streak, vs AMH's 3.8%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 8.0% FFO/revenue growth vs UDR's 2.4% | |
| Value | Lower P/E (44.7x vs 66.1x), PEG 1.34 vs 1.60 | |
| Quality / Margins | 34.6% margin vs INVH's 20.9% | |
| Stability / Safety | Beta 0.17 vs AVB's 0.48, lower leverage | |
| Dividends | 4.6% yield, 15-year raise streak, vs AMH's 3.8% | |
| Momentum (1Y) | -2.7% vs INVH's -13.6% | |
| Efficiency (ROA) | 4.8% ROA vs INVH's 3.1%, ROIC 3.3% vs 3.1% |
AMH vs INVH vs EQR vs AVB vs UDR — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
AMH vs INVH vs EQR vs AVB vs UDR — Financial Metrics
Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
AMH leads in 1 of 6 categories
EQR leads 1 • UDR leads 1 • INVH leads 0 • AVB leads 0 • 3 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
Evenly matched — INVH and AVB and UDR each lead in 2 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
EQR is the larger business by revenue, generating $3.1B annually — 1.8x UDR's $1.7B. AVB is the more profitable business, keeping 34.6% of every revenue dollar as net income compared to INVH's 20.9%. On growth, INVH holds the edge at +8.8% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | |||||
|---|---|---|---|---|---|
| RevenueTrailing 12 months | $1.9B | $2.8B | $3.1B | $3.0B | $1.7B |
| EBITDAEarnings before interest/tax | $973M | $1.6B | $1.9B | $1.8B | $1.1B |
| Net IncomeAfter-tax profit | $467M | $583M | $954M | $1.1B | $491M |
| Free Cash FlowCash after capex | $875M | $1.1B | $1.3B | $1.5B | $892M |
| Gross MarginGross profit ÷ Revenue | +30.2% | +45.0% | +46.3% | +67.0% | +46.0% |
| Operating MarginEBIT ÷ Revenue | +25.0% | +31.2% | +28.5% | +30.1% | +27.4% |
| Net MarginNet income ÷ Revenue | +25.0% | +20.9% | +30.6% | +34.6% | +28.6% |
| FCF MarginFCF ÷ Revenue | +46.9% | +40.7% | +42.7% | +49.7% | +52.0% |
| Rev. Growth (YoY)Latest quarter vs prior year | +2.8% | +8.8% | +2.5% | +3.7% | +0.9% |
| EPS Growth (YoY)Latest quarter vs prior year | +16.7% | -3.7% | -64.2% | -40.9% | +147.8% |
Valuation Metrics
AMH leads this category, winning 3 of 7 comparable metrics.
Valuation Metrics
At 22.6x trailing earnings, EQR trades at a 31% valuation discount to UDR's 32.7x P/E. Adjusting for growth (PEG ratio), UDR offers better value at 0.79x vs AVB's 5.37x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | |||||
|---|---|---|---|---|---|
| Market CapShares × price | $11.8B | $17.4B | $24.7B | $25.8B | $12.0B |
| Enterprise ValueMkt cap + debt − cash | $16.8B | $25.6B | $33.4B | $35.0B | $18.2B |
| Trailing P/EPrice ÷ TTM EPS | 27.47x | 30.19x | 22.63x | 25.14x | 32.69x |
| Forward P/EPrice ÷ next-FY EPS est. | 44.67x | 40.02x | 50.61x | 37.72x | 66.06x |
| PEG RatioP/E ÷ EPS growth rate | 0.82x | 1.35x | 4.44x | 5.37x | 0.79x |
| EV / EBITDAEnterprise value multiple | 17.56x | 17.22x | 15.61x | 19.15x | 18.15x |
| Price / SalesMarket cap ÷ Revenue | 6.31x | 6.37x | 7.96x | 8.51x | 7.03x |
| Price / BookPrice ÷ Book value/share | 1.56x | 1.86x | 2.24x | 2.23x | 2.95x |
| Price / FCFMarket cap ÷ FCF | 15.78x | 18.03x | 19.13x | 18.28x | 19.61x |
Profitability & Efficiency
Evenly matched — AMH and EQR each lead in 3 of 9 comparable metrics.
Profitability & Efficiency
UDR delivers a 12.4% return on equity — every $100 of shareholder capital generates $12 in annual profit, vs $6 for AMH. AMH carries lower financial leverage with a 0.66x debt-to-equity ratio, signaling a more conservative balance sheet compared to UDR's 1.49x. On the Piotroski fundamental quality scale (0–9), INVH scores 7/9 vs AVB's 5/9, reflecting strong financial health.
| Metric | |||||
|---|---|---|---|---|---|
| ROE (TTM)Return on equity | +6.0% | +6.1% | +8.4% | +8.8% | +12.4% |
| ROA (TTM)Return on assets | +3.5% | +3.1% | +4.6% | +4.8% | +4.7% |
| ROICReturn on invested capital | +2.7% | +3.1% | +4.2% | +3.3% | +2.3% |
| ROCEReturn on capital employed | +3.4% | +4.1% | +5.7% | +4.4% | +3.1% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 7 | 6 | 5 | 7 |
| Debt / EquityFinancial leverage | 0.66x | 0.88x | 0.77x | 0.79x | 1.49x |
| Net DebtTotal debt minus cash | $5.0B | $8.3B | $8.7B | $9.1B | $6.2B |
| Cash & Equiv.Liquid assets | $109M | $130M | $56M | $187M | $37M |
| Total DebtShort + long-term debt | $5.1B | $8.4B | $8.8B | $9.3B | $6.2B |
| Interest CoverageEBIT ÷ Interest expense | 3.77x | 2.05x | 5.58x | 5.07x | — |
Total Returns (Dividends Reinvested)
EQR leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in AVB five years ago would be worth $11,205 today (with dividends reinvested), compared to $9,739 for UDR. Over the past 12 months, EQR leads with a -2.7% total return vs INVH's -13.6%. The 3-year compound annual growth rate (CAGR) favors EQR at 5.5% vs INVH's -1.7% — a key indicator of consistent wealth creation.
| Metric | |||||
|---|---|---|---|---|---|
| YTD ReturnYear-to-date | +2.6% | +5.6% | +8.4% | +3.9% | +3.0% |
| 1-Year ReturnPast 12 months | -13.3% | -13.6% | -2.7% | -7.2% | -9.5% |
| 3-Year ReturnCumulative with dividends | +1.5% | -5.1% | +17.5% | +14.4% | +1.9% |
| 5-Year ReturnCumulative with dividends | -1.4% | -2.1% | +6.7% | +12.1% | -2.6% |
| 10-Year ReturnCumulative with dividends | +116.9% | +81.2% | +29.3% | +31.6% | +38.8% |
| CAGR (3Y)Annualised 3-year return | +0.5% | -1.7% | +5.5% | +4.6% | +0.6% |
Risk & Volatility
Evenly matched — AMH and EQR each lead in 1 of 2 comparable metrics.
Risk & Volatility
AMH is the less volatile stock with a 0.17 beta — it tends to amplify market swings less than AVB's 0.48 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. EQR currently trades 91.7% from its 52-week high vs INVH's 82.2% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||||
|---|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.17x | 0.27x | 0.38x | 0.48x | 0.39x |
| 52-Week HighHighest price in past year | $39.07 | $35.25 | $71.80 | $209.86 | $43.12 |
| 52-Week LowLowest price in past year | $27.21 | $24.25 | $57.58 | $160.09 | $32.94 |
| % of 52W HighCurrent price vs 52-week peak | +83.0% | +82.2% | +91.7% | +88.5% | +85.7% |
| RSI (14)Momentum oscillator 0–100 | 72.8 | 71.5 | 69.8 | 71.2 | 64.9 |
| Avg Volume (50D)Average daily shares traded | 3.4M | 5.8M | 2.4M | 940K | 3.2M |
Analyst Outlook
UDR leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: AMH as "Buy", INVH as "Hold", EQR as "Hold", AVB as "Hold", UDR as "Buy". Consensus price targets imply 11.2% upside for INVH (target: $32) vs 3.2% for AVB (target: $192). For income investors, UDR offers the higher dividend yield at 4.64% vs AVB's 3.76%.
| Metric | |||||
|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Hold | Hold | Hold | Buy |
| Price TargetConsensus 12-month target | $35.00 | $32.22 | $70.15 | $191.70 | $40.25 |
| # AnalystsCovering analysts | 36 | 33 | 46 | 42 | 38 |
| Dividend YieldAnnual dividend ÷ price | +3.8% | +4.0% | +4.1% | +3.8% | +4.6% |
| Dividend StreakConsecutive years of raises | 5 | 9 | 8 | 3 | 15 |
| Dividend / ShareAnnual DPS | $1.24 | $1.16 | $2.69 | $6.99 | $1.72 |
| Buyback YieldShare repurchases ÷ mkt cap | +1.4% | +0.3% | +1.1% | +1.9% | +1.0% |
AMH leads in 1 of 6 categories (Valuation Metrics). EQR leads in 1 (Total Returns). 3 tied.
AMH vs INVH vs EQR vs AVB vs UDR: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is AMH or INVH or EQR or AVB or UDR a better buy right now?
For growth investors, American Homes 4 Rent (AMH) is the stronger pick with 8.
0% revenue growth year-over-year, versus 2. 4% for UDR, Inc. (UDR). Equity Residential (EQR) offers the better valuation at 22. 6x trailing P/E (50. 6x forward), making it the more compelling value choice. Analysts rate American Homes 4 Rent (AMH) a "Buy" — based on 36 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — AMH or INVH or EQR or AVB or UDR?
On trailing P/E, Equity Residential (EQR) is the cheapest at 22.
6x versus UDR, Inc. at 32. 7x. On forward P/E, AvalonBay Communities, Inc. is actually cheaper at 37. 7x — notably different from the trailing picture, reflecting expected earnings growth. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: American Homes 4 Rent wins at 1. 34x versus Equity Residential's 9. 94x — a reasonable growth-adjusted valuation.
03Which is the better long-term investment — AMH or INVH or EQR or AVB or UDR?
Over the past 5 years, AvalonBay Communities, Inc.
(AVB) delivered a total return of +12. 1%, compared to -2. 6% for UDR, Inc. (UDR). Over 10 years, the gap is even starker: AMH returned +116. 9% versus EQR's +29. 3%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — AMH or INVH or EQR or AVB or UDR?
By beta (market sensitivity over 5 years), American Homes 4 Rent (AMH) is the lower-risk stock at 0.
17β versus AvalonBay Communities, Inc. 's 0. 48β — meaning AVB is approximately 192% more volatile than AMH relative to the S&P 500. On balance sheet safety, American Homes 4 Rent (AMH) carries a lower debt/equity ratio of 66% versus 149% for UDR, Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — AMH or INVH or EQR or AVB or UDR?
By revenue growth (latest reported year), American Homes 4 Rent (AMH) is pulling ahead at 8.
0% versus 2. 4% for UDR, Inc. (UDR). On earnings-per-share growth, the picture is similar: UDR, Inc. grew EPS 334. 6% year-over-year, compared to -2. 8% for AvalonBay Communities, Inc.. Over a 3-year CAGR, AMH leads at 7. 8% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — AMH or INVH or EQR or AVB or UDR?
Equity Residential (EQR) is the more profitable company, earning 36.
1% net margin versus 21. 5% for Invitation Homes Inc. — meaning it keeps 36. 1% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: EQR leads at 36. 3% versus 18. 8% for UDR. At the gross margin level — before operating expenses — AVB leads at 67. 0%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is AMH or INVH or EQR or AVB or UDR more undervalued right now?
The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.
By this metric, American Homes 4 Rent (AMH) is the more undervalued stock at a PEG of 1. 34x versus Equity Residential's 9. 94x. A PEG below 1. 5 suggests fair-to-attractive pricing relative to expected growth. On forward earnings alone, AvalonBay Communities, Inc. (AVB) trades at 37. 7x forward P/E versus 66. 1x for UDR, Inc. — 28. 3x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for INVH: 11. 2% to $32. 22.
08Which pays a better dividend — AMH or INVH or EQR or AVB or UDR?
All stocks in this comparison pay dividends.
UDR, Inc. (UDR) offers the highest yield at 4. 6%, versus 3. 8% for AvalonBay Communities, Inc. (AVB).
09Is AMH or INVH or EQR or AVB or UDR better for a retirement portfolio?
For long-horizon retirement investors, American Homes 4 Rent (AMH) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
17), 3. 8% yield, +116. 9% 10Y return). Both have compounded well over 10 years (AMH: +116. 9%, AVB: +31. 6%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between AMH and INVH and EQR and AVB and UDR?
Both stocks operate in the Real Estate sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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