INVH (Invitation Homes) Interest Coverage: 1.88 (As of Mar. 2026) — 24% Above Median


INVH Invitation Homes Inc INVH
83 GF Score
Price $30.46
GF Value $36.98
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Invitation Homes Interest Coverage?

Invitation Homes INVH +1.84% 83 Interest Coverage is 1.88 as of Mar. 2026, which is 24% above its 10-year median of 1.52. GuruFocus rates INVH with a GF Score™ of 83/100 and a GF Value™ of $36.98 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 702 REITs companies, Invitation Homes ranks worse than 69.09% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Invitation Homes's Operating Income for the three months ended in Mar. 2026 was $179 Mil. Invitation Homes's Interest Expense for the three months ended in Mar. 2026 was $-95 Mil. Invitation Homes's interest coverage for the quarter that ended in Mar. 2026 was 1.88. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Invitation Homes's Interest Coverage or its related term are showing as below:

INVH' s Interest Coverage Range Over the Past 10 Years
Min: 0.55   Med: 1.52   Max: 2.14
Current: 2.04


INVH's Interest Coverage is ranked worse than
69.09% of 702 companies
in the REITs industry
Industry Median: 3.125 vs INVH: 2.04

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Invitation Homes  (NYSE:INVH) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Invitation Homes Interest Coverage Related Terms


Invitation Homes Interest Coverage Historical Data

* Premium members only.

The historical data trend for Invitation Homes's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Invitation Homes Interest Coverage Chart

Invitation Homes Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.71 2.14 2.10 2.02 2.13

Invitation Homes Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage 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 2.23 2.20 2.04 2.06 1.88

INVH vs ESS, SUI, MAA: Interest Coverage Comparison

For the REIT - Residential subindustry, Invitation Homes's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs REITs Industry

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

* The bar in red indicates where Invitation Homes's Interest Coverage falls into.


INVH
83GF Score
Invitation Homes Inc INVH
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Invitation Homes Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

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

Here, for the fiscal year that ended in Dec. 2025, Invitation Homes's Interest Expense was $-353 Mil. Its Operating Income was $752 Mil. And its Long-Term Debt & Capital Lease Obligation was $8,235 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*752.396/-353.327
=2.13

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

Here, for the three months ended in Mar. 2026, Invitation Homes's Interest Expense was $-95 Mil. Its Operating Income was $179 Mil. And its Long-Term Debt & Capital Lease Obligation was $8,242 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*179.058/-95.313
=1.88

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 1.88 mean?
Invitation Homes (INVH) has a Interest Coverage of 1.88 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Invitation Homes and its competitors. This is 24% above median its historical median of 1.52. Over the past decade, Invitation Homes' Interest Coverage has ranged from 0.55 to 2.14. According to the industry distribution chart, Invitation Homes ranks #485 out of 702 companies in the REITs industry, placing it in the top 69.1%.
Is Invitation Homes' Interest Coverage too high?
Invitation Homes' current Interest Coverage of 1.88 is 24% above median its 10-year median of 1.52. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 2.14. The REITs industry median Interest Coverage is 3.13. Invitation Homes' value of 1.88 is 39.8% below this industry median. Based on the distribution chart, Invitation Homes ranks #485 out of 702 companies in the REITs industry, which is below the industry midpoint. Overall, Invitation Homes has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Invitation Homes' Interest Coverage compare to ESS and SUI?
According to the REITs industry distribution chart, Invitation Homes ranks #485 out of 702 companies for Interest Coverage. This places Invitation Homes in the lower half of its industry. The industry median Interest Coverage is 3.13. Invitation Homes' value of 1.88 is 39.8% below this benchmark. Historically, Invitation Homes' own Interest Coverage has ranged from 0.55 to 2.14 over the past decade. While the company's 10-year median is 1.52 vs. the industry median of 3.13, 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 Interest Coverage for a REITs company?
The median Interest Coverage among REITs companies is 3.13, based on 702 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Invitation Homes's current Interest Coverage of 1.88 is 39.8% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Invitation Homes and its competitors. For the REITs industry, the median Interest Coverage is 3.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Invitation Homes's current Interest Coverage is 1.88, which is 24% above median its own 10-year median of 1.52. 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 $30.46 — trading 17.6% below its estimated fair value. The current Interest Coverage is 1.88, which is 24% above median its 10-year median of 1.52 and 39.8% below the REITs industry median of 3.13. Invitation Homes' overall GF Score™ is 83/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Invitation Homes (INVH), the current Interest Coverage is 1.88 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 $30.46 is trading 17.6% below its estimated GF Value™ of $36.98. GuruFocus considers Invitation Homes to be Modestly Undervalued.

Key valuation signals for INVH:

  • Interest Coverage: 1.88 (24% above median its 10-year median of 1.52)
  • GF Value™: $36.98 vs. price of $30.46 (17.6% below fair value)
  • GF Score™: 83/100 with 8 warning signs
  • Industry Position: 39.8% below the REITs median (#485 of 702)

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.
83GF Score

Get the complete analysis for INVH

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

$30.46
Price
$36.98
GF Value