Last 42 quarters of trend data · Real Estate · REIT - Residential
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Invitation Homes Inc.'s quarterly P/E stands at 23.9x, down 25.9% year-over-year — suggesting improving earnings relative to price. EV/EBITDA has expanded 9.9% YoY to 21.8x, reflecting rising market expectations or slowing EBITDA growth.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 29.59 | 23.90 | 28.95 | 33.33 | 35.65 | 32.27 | 34.75 | 58.77 | 74.77 | 38.71 | 40.61 | 37.73 | 39.09 |
| — | -25.9% | -16.7% | -43.3% | -52.3% | -16.6% | -14.4% | +55.8% | +91.3% | -0.8% | -12.3% | -41.9% | -20.9% | |
| P/S Ratio | 6.24 | 5.13 | 6.21 | 6.53 | 7.38 | 7.92 | 7.44 | 8.19 | 8.43 | 8.46 | 8.38 | 7.87 | 8.79 |
| — | -35.2% | -16.4% | -20.3% | -12.4% | -6.3% | -11.3% | +4.1% | -4.1% | +4.3% | +7.1% | -13.5% | -10.0% | |
| P/B Ratio | 1.82 | 1.65 | 1.78 | 1.86 | 2.07 | 2.19 | 2.00 | 2.17 | 2.19 | 2.15 | 2.05 | 1.89 | 2.05 |
| — | -24.7% | -11.1% | -14.4% | -5.3% | +2.0% | -2.5% | +14.8% | +6.7% | +15.2% | +16.9% | -5.3% | -3.1% | |
| P/FCF | 17.68 | 15.96 | 60.96 | 8.89 | 15.59 | 21.41 | 60.44 | 22.07 | 17.72 | 24.71 | 181.46 | 13.46 | 23.12 |
| — | -25.4% | +0.9% | -59.7% | -12.0% | -13.4% | -66.7% | +64.0% | -23.3% | +38.4% | +154.1% | -24.2% | +13.3% | |
| EV / EBITDA | 16.99 | 21.79 | 16.77 | 10.87 | 18.68 | 19.82 | 18.80 | 20.46 | 20.42 | 20.55 | 20.67 | 19.90 | 20.72 |
| — | +9.9% | -10.8% | -46.8% | -8.5% | -3.5% | -9.0% | +2.8% | -1.5% | +5.3% | +6.5% | -8.8% | -7.7% | |
| EV / EBIT | 34.12 | 74.80 | 34.83 | 28.63 | 30.84 | 29.33 | 28.94 | 39.67 | 45.62 | 31.88 | 32.70 | 31.09 | 32.79 |
| — | +155.0% | +20.4% | -27.8% | -32.4% | -8.0% | -11.5% | +27.6% | +39.1% | -4.7% | -8.6% | -31.1% | -16.4% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Invitation Homes Inc.'s operating margin was 10.8% in Q1 2026, down 16.5 pp QoQ and down 17.0 pp YoY. This marks the 3rd consecutive quarter of margin compression, signaling a persistent pressure on profitability that investors should monitor. The trailing four-quarter average of 31.5% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind. Gross margin contracted 7.2% YoY, suggesting cost inflation or competitive pricing pressure.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 3.7% | 55.1% | 3.1% | 62.4% | 58.9% | 59.3% | 59.4% | 58.1% | 59.2% | 59.5% | 59.3% | 59.1% | 60.5% |
| — | -7.2% | -94.8% | +7.3% | -0.5% | -0.3% | +0.1% | -1.6% | -2.1% | -1.9% | -1.0% | -1.9% | -2.3% | |
| Operating Margin | 27.1% | 10.8% | 27.3% | 59.7% | 28.2% | 27.8% | 28.2% | 27.5% | 28.8% | 28.7% | 28.0% | 27.7% | 29.6% |
| — | -61.1% | -3.0% | +117.1% | -2.2% | -3.2% | +0.5% | -0.9% | -2.4% | -3.5% | -2.8% | -2.6% | -1.3% | |
| Net Margin | 21.5% | 21.9% | 21.1% | 19.9% | 20.7% | 24.6% | 21.7% | 14.4% | 11.2% | 22.0% | 20.7% | 21.3% | 23.0% |
| — | -11.0% | -2.8% | +37.7% | +84.6% | +11.5% | +4.6% | -32.4% | -51.2% | +8.1% | +19.6% | +53.3% | +15.3% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 6.1% | 1.7% | 1.5% | 1.4% | 1.4% | 1.7% | 1.4% | 1.0% | 0.7% | 1.4% | 1.3% | 1.3% | 1.3% |
| — | +1.3% | +3.7% | +48.4% | +100.2% | +21.3% | +14.5% | -25.8% | -46.1% | +19.6% | +30.1% | +67.1% | +24.1% | |
| ROA | 3.1% | 0.9% | 0.8% | 0.7% | 0.8% | 0.9% | 0.7% | 0.5% | 0.4% | 0.7% | 0.7% | 0.7% | 0.7% |
| — | -3.4% | +3.3% | +49.0% | +98.7% | +20.0% | +11.5% | -29.3% | -48.9% | +14.1% | +23.9% | +62.9% | +24.3% | |
| ROIC | 3.1% | 0.3% | 0.8% | 1.7% | 0.8% | 0.8% | 0.8% | 0.8% | 0.8% | 0.8% | 0.7% | 0.7% | 0.8% |
| — | -57.7% | +1.3% | +127.8% | +2.7% | +2.3% | +7.1% | +5.6% | +4.7% | +4.2% | +3.3% | +5.5% | +6.5% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Invitation Homes Inc.'s Debt/EBITDA ratio is 32.3x, up from 22.2x last quarter — elevated, raising questions about debt serviceability. The current ratio has weakened 54.1% YoY to 0.37x, tightening the short-term liquidity position. Debt/Equity has risen for 5 consecutive quarters, indicating increasing financial leverage that investors should watch closely.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.88 | 0.96 | 0.88 | 0.85 | 0.84 | 0.83 | 0.84 | 0.91 | 0.85 | 0.84 | 0.84 | 0.83 | 0.76 |
| — | +16.1% | +4.6% | -5.9% | -0.8% | -1.1% | -0.1% | +8.8% | +12.4% | +10.9% | +11.4% | +11.1% | +0.1% | |
| Debt / EBITDA | 5.63 | 32.30 | 22.23 | 13.74 | 21.64 | 21.86 | 22.32 | 24.89 | 23.40 | 23.67 | 24.55 | 24.99 | 22.63 |
| — | +47.8% | -0.4% | -44.8% | -7.5% | -7.7% | -9.1% | -0.4% | +3.4% | +3.7% | +4.4% | +3.9% | -5.0% | |
| Current Ratio | 1.52 | 0.37 | 1.52 | 1.51 | 0.61 | 0.81 | 0.82 | 1.33 | 3.45 | 5.01 | 5.71 | 3.30 | 3.71 |
| — | -54.1% | +83.9% | +13.4% | -82.2% | -83.9% | -85.5% | -59.5% | -7.1% | +47.8% | +67.1% | +50.0% | +29.9% | |
| Quick Ratio | 1.52 | 0.37 | 1.52 | 1.51 | 0.61 | 0.81 | 0.82 | 1.33 | 3.45 | 5.01 | 5.71 | 3.30 | 3.71 |
| — | -54.1% | +83.9% | +13.4% | -82.2% | -83.9% | -85.5% | -59.5% | -7.1% | +47.8% | +67.1% | +50.0% | +29.9% | |
| Interest Coverage | 2.05 | 0.83 | 2.00 | 2.51 | 2.62 | 2.97 | 2.51 | 2.05 | 1.82 | 2.59 | 2.44 | 2.52 | 2.76 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 42 years · Updated daily
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Quick answers to the most common questions about buying INVH stock.
Invitation Homes Inc.'s current P/E is 29.6x. The average P/E over the last 4 quarters is 30.5x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Invitation Homes Inc.'s current operating margin is 27.1%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Invitation Homes Inc.'s business trajectory between earnings reports.