Discontinued — last reported Q4 '25
Investing
CapEx
Invitation Homes CapEx decreased by 7.3% to $6.26M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 19.4%, from $7.78M to $6.26M. Over 4 years (FY 2021 to FY 2025), CapEx shows a downward trend with a -22.2% CAGR.
Analysis
StatementCash Flow Statement
SectionInvesting
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ1 2015
Last reportedQ4 2025Feb 19, 2026
How to read this metric
Necessary for long-term asset value, but excessive spending relative to revenue may indicate inefficient property management.
Detailed definition
Reflects cash outflows for the maintenance, improvement, or expansion of physical assets. For a rental company, this inc...
Peer comparison
Standard metric across all capital-intensive industries.
Metric ID:
capital_expendituresHistorical Data
19 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $14.97M | $15.12M | $24.83M | $36.32M | $36.48M | $32.15M | $17.43M | $5.32M | $4.18M | $9.48M | $11.23M | $8.47M | $5.97M | $8.39M | $7.78M | $7.21M | $8.1M | $6.76M | $6.26M |
| QoQ Change | — | +1.0% | +64.2% | +46.3% | +0.4% | -11.9% | -45.8% | -69.5% | -21.4% | +126.7% | +18.4% | -24.6% | -29.5% | +40.5% | -7.3% | -7.3% | +12.4% | -16.6% | -7.3% |
| YoY Change | — | — | — | — | +143.7% | +112.6% | -29.8% | -85.4% | -88.5% | -70.5% | -35.6% | +59.2% | +42.8% | -11.5% | -30.7% | -14.9% | +35.7% | -19.4% | -19.4% |
Range$4.18M – $36.48M
CAGR-17.6%
Avg YoY Growth-0.8%
Median YoY Growth-19.4%
Current Streak2 quarters decline
CapEx at Other Companies
Frequently Asked Questions
- What is Invitation Homes's capex?
- Invitation Homes (INVH) reported capex of $6.26M in Q4 2025.
- How has Invitation Homes's capex changed year-over-year?
- Invitation Homes's capex decreased by 19.4% year-over-year, from $7.78M to $6.26M.
- What is the long-term trend for Invitation Homes's capex?
- Over 4 years (2021 to 2025), Invitation Homes's capex has grown at a -22.2% compound annual growth rate (CAGR), from $77.41M to $28.33M.
- What does capex mean?
- Cash spent on maintaining or improving physical property assets.