Invitation HomesINVH +0.43%81 Pretax Margin % is 21.94% as of Mar. 2026, which is 83% above its 10-year median of 12.00. GuruFocus rates INVH with a GF Score™ of 81/100 and a GF Value™ of $36.98 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 931 REITs companies, Invitation Homes ranks worse than 71.54% on this metric.
The historical rank and industry rank for Invitation Homes's Pretax Margin % or its related term are showing as below:
INVH'
s Pretax Margin % Range Over the Past 10 Years
Min: -10.04 Med: 12 Max: 21.61
Current: 20.97
INVH's Pretax Margin % is ranked worse than 71.54% of 931
companies
in the REITs industry
Industry Median: 46.93
vs INVH: 20.97
Invitation Homes (NYSE:INVH) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Invitation Homes Pretax Margin % Related Terms
Invitation Homes Pretax Margin % Historical Data
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The historical data trend for Invitation Homes's Pretax 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.
For the REIT - Residential subindustry, Invitation Homes's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Invitation Homes's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Invitation Homes's Pretax Margin % falls into.
* 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 (INVH) has a Pretax Margin % of 21.94% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Invitation Homes and its competitors. This is 83% above median its historical median of 12.00. According to the industry distribution chart, Invitation Homes ranks #666 out of 931 companies in the REITs industry, placing it in the top 71.5%.
Is Invitation Homes' Pretax Margin % too high?
Invitation Homes' current Pretax Margin % of 21.94% is 83% above median its 10-year median of 12.00. The REITs industry median Pretax Margin % is 46.93. Invitation Homes' value of 21.94% is 53.2% below this industry median. Based on the distribution chart, Invitation Homes ranks #666 out of 931 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' Pretax Margin % compare to ESS and MAA?
According to the REITs industry distribution chart, Invitation Homes ranks #666 out of 931 companies for Pretax Margin %. This places Invitation Homes in the lower half of its industry. The industry median Pretax Margin % is 46.93. Invitation Homes' value of 21.94% is 53.2% below this benchmark. While the company's 10-year median is 12.00 vs. the industry median of 46.93, 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 Pretax Margin % for a REITs company?
The median Pretax Margin % among REITs companies is 46.93, based on 931 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Invitation Homes's current Pretax Margin % of 21.94% is 53.2% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Invitation Homes and its competitors. For the REITs industry, the median Pretax Margin % is 46.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Invitation Homes's current Pretax Margin % is 21.94%, which is 83% above median its own 10-year median of 12.00. 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 $30.59 — trading 17.3% below its estimated fair value. The current Pretax Margin % is 21.94%, which is 83% above median its 10-year median of 12.00 and 53.2% below the REITs industry median of 46.93. Invitation Homes' overall GF Score™ is 81/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Invitation Homes (INVH), the current Pretax Margin % is 21.94% 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 $30.59 is trading 17.3% below its estimated GF Value™ of $36.98.
GuruFocus considers Invitation Homes to be Modestly Undervalued.
Key valuation signals for INVH:
Pretax Margin %: 21.94% (83% above median its 10-year median of 12.00)
GF Value™: $36.98 vs. price of $30.59 (17.3% below fair value)
Industry Position: 53.2% below the REITs median (#666 of 931)
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 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
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