Invitation Homes Inc

Research Invitation Homes Inc (INVH) on Bullrun: valuation model: 14.0% overvalued, market cap USD 16.30B, P/E 49.3, dividend yield 3.4%. Explore financials, valuation history, model signals, and stock context.

Key Metrics

TickerINVH
ExchangeNYSE
CountryUnited States
SectorReal Estate
IndustryREIT-Residential
CurrencyUSD
Valuation signal14.0% overvalued
Market capUSD 16.30B
P/E49.3
Dividend yield3.4%
Financial periodQ2 2026
RevenueUSD 747.55M
Net incomeUSD 218.85M
Free cash flowUSD 329.36M
Gross margin55.1%

Valuation Snapshot

Bullrun's latest valuation model marks Invitation Homes Inc as 14.0% overvalued; latest market cap is USD 16.30B; P/E is 49.3; dividend yield is 3.4%.

Peer valuation comparison

Latest P/E is 49.29x versus a Real Estate sector median of 13.8x (257.1% above).

Latest dividend yield is 3.38% versus a Real Estate sector median of 4.75% (28.8% below).

Five-year financial history

Year	Revenue	Net income	Free cash flow	Gross margin	Diluted EPS	Cash	Total debt	Equity
FY2025	USD 2.73B	USD 587.92M	USD 963.48M	58.4%	0.96	USD 129.97M	USD 8.38B	USD 9.53B
FY2024	USD 2.62B	USD 453.92M	USD 862.41M	59.0%	0.74	USD 174.49M	USD 8.20B	USD 9.76B
FY2023	USD 2.43B	USD 519.47M	USD 885.99M	59.9%	0.85	USD 700.62M	USD 8.55B	USD 10.16B
FY2022	USD 2.24B	USD 383.33M	USD 815.52M	60.9%	0.63	USD 262.87M	USD 7.77B	USD 10.29B

Valuation history

Year	Snapshot date	Market cap	P/E	Dividend yield	Annual dividend/share
2026	2026-09-14	USD 16.30B	49.3	4.3%	1.19
2025	2025-12-31	USD 16.97B	46.3	n/a	n/a
2024	2024-12-31	USD 19.58B	94.0	n/a	n/a
2023	2023-12-29	USD 20.87B	62.0	n/a	n/a
2022	2022-12-30	USD 18.12B	65.9	n/a	n/a
2021	2021-12-31	USD 27.25B	129.5	n/a	n/a

Dividend history

Latest trailing dividend snapshot: annual dividend/share 1.19 USD, yield 3.4%.

Year	Dividends/share
FY2025	1.17 USD
FY2024	1.13 USD
FY2023	1.32 USD
FY2022	0.88 USD

About Invitation Homes Inc

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.

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Other Real Estate stocks

Apartment Investment & Management Co. - Class A (AIV) American Homes 4 Rent - Class A (AMH) Bluerock Homes Trust Inc - Class A (BHM) BRT Apartments Corp (BRT) Clipper Realty Inc (CLPR) Camden Property Trust (CPT) Centerspace (CSR) Elme Communities (ELME) Equity Lifestyle Properties Inc (ELS) Equity Residential Properties Trust (EQR) Essex Property Trust Inc (ESS) Independence Realty Trust Inc (IRT)

Frequently asked questions

Is Invitation Homes Inc overvalued or undervalued?

Bullrun's valuation model currently marks Invitation Homes Inc as 14.0% overvalued.

What is Invitation Homes Inc's market cap?

Invitation Homes Inc's market capitalization is USD 16.30B.

What is Invitation Homes Inc's P/E ratio?

Invitation Homes Inc's price-to-earnings (P/E) ratio is 49.3.

Does Invitation Homes Inc pay a dividend?

Invitation Homes Inc has a dividend yield of 3.4%.