Is Invitation Homes (INVH) overvalued or fairly valued?

MarketChacha shows Invitation Homes's valuation in context — a trailing P/E of about 25.0, a forward P/E of about 38.0, a price-to-book of about 1.8 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Invitation Homes's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (2.17×) from reported figures — education, not a rating.

What is Invitation Homes's revenue?

Invitation Homes reported revenue of $2.7B for FY2025, with net profit of $587.9M, per official filings.

What is the share price of Invitation Homes (INVH)?

Invitation Homes last traded at $27.00 (+1.1% on the day), as of 10/20/2026 — a delayed quote shown for education, not investment advice.

Invitation Homes

INVH · NYSE · Real Estate · United States

Snapshot

TickerINVH

ExchangeNYSE

SectorReal Estate

IndustryREIT - Residential

CountryUnited States

Employees1,725

HeadquartersDallas, United States

Websitewww.invitationhomes.com

Filings tracked21

About Invitation Homes

Invitation Homes Inc., an S&P 500 company, is the nation's premier single-family home leasing and management company, helping to expand housing through new development and strategic partnerships. Their purpose, Unlock the Power of Home, reflects their commitment to address America's housing needs by delivering high-quality living solutions and genuine care to those who choose the flexibility and value of leasing. Invitation Homes Inc. was incorporated in 6th June 2012 and is based in Dallas, United States.

Who owns it

Insiders0.3%
Institutions99.7%
Public & other0.0%

934 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.10.46%
NORGES BANK8.72%
Vanguard Portfolio Management LLC8.13%
State Street Corporation6.44%
Vanguard Capital Management LLC6.32%
Cohen & Steers Inc.6.29%
FMR, LLC2.94%
Geode Capital Management, LLC2.90%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

Latest ROE of 6.2% is on the low side — the business earns a modest return on shareholder capital.

Cash conversion2.17×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend21.4% → 21.5%

Margin has held broadly steady over the period — stable profitability.

Return on equity6.2%

Latest ROE of 6.2% is on the low side — the business earns a modest return on shareholder capital.

Growth qualityrev 6% · PAT 6%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $742.0M · EPS 0.15

Est. earnings growth +3.5%

Next fiscal year

Rev $3.0B · EPS 0.73

Est. earnings growth -8.1%

Analyst consensus estimates — not the company's own guidance.

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P/E ROE ROCE Margins Market cap

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$2.7B

Net margin

21.5%

ROE

6.2%

Revenue CAGR (2y)

+5.9%

Profit CAGR (2y)

+6.4%

EPS (FY2025)

0.96

Net profit (FY2025)

$587.9M

Ask MarketChacha about INVH

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$2.7B	$587.9M	0.96	21.5%	6.2%
FY2024	$2.6B	$453.9M	0.74	17.3%	4.7%
FY2023	$2.4B	$519.5M	0.85	21.4%	5.1%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$49.5M	$218.8M*	0.37	—
2026Q1	$43.7M	$160.5M*	0.26	—
2025Q3	$688.2M	$136.7M	0.22	19.9%
2025Q2	$0	$140.9M	0.23	—
2025Q1	$0	$165.7M	0.27	—
2024Q3	$660.3M	$95.3M	0.15	14.4%
2024Q2	$653.5M	$73.2M	0.12	11.2%
2024Q1	$646.0M	$142.3M	0.23	22.0%
2023Q3	$617.7M	$131.8M	0.21	21.3%
2023Q2	$600.4M	$137.9M	0.22	23.0%
2023Q1	$589.9M	$120.2M	0.20	20.4%

* Net profit includes one-off / non-operating items (e.g. a settlement or accounting gain), so it doesn’t reflect operating performance — net margin is hidden for that period.

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Reg FD disclosure, Exhibits
SEC9/9/2026material
10-Q filing
SEC7/30/2026
8-K — Results of operations, Exhibits
SEC7/29/2026material
8-K — Material agreement, Material financial obligation, Exhibits
SEC7/8/2026material
8-K — Other events, Exhibits
SEC7/6/2026material
8-K — Reg FD disclosure, Exhibits
SEC6/1/2026material
8-K — Executive/director change, Shareholder vote results, Exhibits
SEC5/8/2026material
10-Q filing
SEC4/30/2026
8-K — Results of operations, Exhibits
SEC4/29/2026material
8-K — Executive/director change, Exhibits
SEC3/5/2026material
8-K — Reg FD disclosure, Exhibits
SEC2/27/2026material
10-K filing
SEC2/19/2026
8-K — Results of operations, Exhibits
SEC2/18/2026material
8-K — Executive/director change
SEC1/2/2026material

2025

8-K — Reg FD disclosure, Exhibits
SEC12/8/2025material
8-K — Reg FD disclosure, Exhibits
SEC11/17/2025material
10-Q filing
SEC10/30/2025
8-K — Results of operations, Exhibits
SEC10/29/2025material
8-K — Material agreement, Material financial obligation, Other events, Exhibits
SEC8/15/2025material
10-Q filing
SEC7/31/2025
8-K — Results of operations, Exhibits
SEC7/30/2025material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.