INVH (Invitation Homes) FCF Margin %: 32.15% (As of Mar. 2026) — Near Median


INVH Invitation Homes Inc INVH
81 GF Score
Price $29.91
GF Value $36.98
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Invitation Homes FCF Margin %?

Invitation Homes INVH +0.91% 81 FCF Margin % is 32.15% as of Mar. 2026, which is 4% above its 10-year median of 30.85. GuruFocus rates INVH with a GF Score™ of 81/100 and a GF Value™ of $36.98 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 936 REITs companies, Invitation Homes ranks worse than 54.91% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Invitation Homes's Free Cash Flow for the three months ended in Mar. 2026 was $236 Mil. Invitation Homes's Revenue for the three months ended in Mar. 2026 was $734 Mil. Therefore, Invitation Homes's FCF Margin % for the quarter that ended in Mar. 2026 was 32.15%.

As of today, Invitation Homes's current FCF Yield % is 5.35%.

The historical rank and industry rank for Invitation Homes's FCF Margin % or its related term are showing as below:

INVH' s FCF Margin % Range Over the Past 10 Years
Min: 19.4   Med: 30.85   Max: 37.3
Current: 34.06


During the past 12 years, the highest FCF Margin % of Invitation Homes was 37.30%. The lowest was 19.40%. And the median was 30.85%.

INVH's FCF Margin % is ranked worse than
54.91% of 936 companies
in the REITs industry
Industry Median: 40.025 vs INVH: 34.06


Invitation Homes FCF Margin % Related Terms


Invitation Homes FCF Margin % Historical Data

* Premium members only.

The historical data trend for Invitation Homes's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Invitation Homes FCF Margin % Chart

Invitation Homes Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.30 36.44 36.43 32.93 35.30

Invitation Homes Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.01 47.33 46.72 10.20 32.15

INVH vs ESS, SUI, MAA: FCF Margin % Comparison

For the REIT - Residential subindustry, Invitation Homes's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Invitation Homes FCF Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Invitation Homes's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Invitation Homes's FCF Margin % falls into.


INVH
81GF Score
Invitation Homes Inc INVH
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Invitation Homes FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Invitation Homes's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=963.478/2729.296
=35.30 %

Invitation Homes's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=236.002/734.112
=32.15 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of 32.15% mean?
Invitation Homes (INVH) has a FCF Margin % of 32.15% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Invitation Homes and its competitors. This is near median its historical median of 30.85. Over the past decade, Invitation Homes' FCF Margin % has ranged from 19.40 to 37.30. According to the industry distribution chart, Invitation Homes ranks #514 out of 936 companies in the REITs industry, placing it in the top 54.9%.
Is Invitation Homes' FCF Margin % too high?
Invitation Homes' current FCF Margin % of 32.15% is near median its 10-year median of 30.85. Over the past 10 years, this metric has ranged from a low of 19.40 to a high of 37.30. The REITs industry median FCF Margin % is 40.03. Invitation Homes' value of 32.15% is 19.7% below this industry median. Based on the distribution chart, Invitation Homes ranks #514 out of 936 companies in the REITs industry, which is below the industry midpoint. Overall, Invitation Homes has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Invitation Homes' FCF Margin % compare to ESS and SUI?
According to the REITs industry distribution chart, Invitation Homes ranks #514 out of 936 companies for FCF Margin %. This places Invitation Homes in the lower half of its industry. The industry median FCF Margin % is 40.03. Invitation Homes' value of 32.15% is 19.7% below this benchmark. Historically, Invitation Homes' own FCF Margin % has ranged from 19.40 to 37.30 over the past decade. While the company's 10-year median is 30.85 vs. the industry median of 40.03, Invitation Homes has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a REITs company?
The median FCF Margin % among REITs companies is 40.03, based on 936 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Invitation Homes's current FCF Margin % of 32.15% is 19.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Invitation Homes and its competitors. For the REITs industry, the median FCF Margin % is 40.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Invitation Homes's current FCF Margin % is 32.15%, which is near median its own 10-year median of 30.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Invitation Homes stock overvalued right now?
Based on GuruFocus' analysis, Invitation Homes (INVH) is currently considered Modestly Undervalued. The stock's GF Value™ is $36.98, compared to a current price of $29.91 — trading 19.1% below its estimated fair value. The current FCF Margin % is 32.15%, which is near median its 10-year median of 30.85 and 19.7% below the REITs industry median of 40.03. Invitation Homes' overall GF Score™ is 81/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Invitation Homes (INVH), the current FCF Margin % is 32.15% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Invitation Homes (INVH) Overvalued in 2026?

Based on GuruFocus' analysis, Invitation Homes stock appears to be undervalued. The current stock price of $29.91 is trading 19.1% below its estimated GF Value™ of $36.98. GuruFocus considers Invitation Homes to be Modestly Undervalued.

Key valuation signals for INVH:

  • FCF Margin %: 32.15% (near median its 10-year median of 30.85)
  • GF Value™: $36.98 vs. price of $29.91 (19.1% below fair value)
  • GF Score™: 81/100 with 7 warning signs
  • Industry Position: 19.7% below the REITs median (#514 of 936)

No single metric tells the full story. See the INVH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Invitation Homes Business Description

Industry Real EstateREITs
Other Exchanges 4IV:GermanyI2NV34:Brazil
Address 5420 LBJ Freeway, Suite 600, Dallas, TX, USA, 75240
Invitation Homes owns a portfolio of over 86,000 single-family rental homes. The company focuses on owning homes in the starter and move-up segments of the housing market with an average sale price of around $350,000 and generally less than 1,800 square feet. The portfolio is spread across 17 target markets that feature high employment and household formation growth, with over 70% of the portfolio in the Western US and Florida; 15 of the 17 markets feature average rents lower than homeownership costs.
81GF Score

Get the complete analysis for INVH

FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$29.91
Price
$36.98
GF Value