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Invitation Homes INVH Free cash flow

Free cash flow at other companies

AvalonBay Communities logo
AvalonBay CommunitiesAVB
$359.48M-2.2%
Equity Lifestyle Properties logo
Equity Lifestyle PropertiesELS
$148.95M+0.5%
Realty Income logo
Realty IncomeO
$848.19M+10.9%
Opendoor Technologies Inc logo
Opendoor Technologies IncOPEN
-$250M+11.7%
Centerspace logo
CenterspaceCSR
$16.11M-21.0%
American Homes 4 Rent logo
American Homes 4 RentAMH

Other financials

Income statement

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Revenue$734.1M+8.8%
Net income$160.5M-3.2%
EPS (diluted)$0.26-3.7%

Balance sheet

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Cash & equivalents$373.0M+17.1%
Total debt$9.8B+21.0%
Total equity$9.1B-6.5%
Total assets$18.7B+0.7%

Cash flow

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Operating cash flow$293.0M-2.5%
CapEx$6.3M-19.4%

Valuation

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Market cap$17.69B-7.6%
Enterprise value$27.16B+0.4%
P/E30.4×-4.8×
P/S6.3×-0.8×

Profitability

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Operating margin15.5%
Net margin20.9%+2.9pp
FCF margin43.2%+3.0pp

Returns & leverage

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Return on equity6.2%+1.4pp
Debt / equity1.1×+0.2×

Where this comes from

Calculated from Invitation Homes’s reported figures.

The official record: Invitation Homes’s 10-K, filed February 19, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Invitation Homes's free cash flow?
Invitation Homes (INVH) reported free cash flow of $122.39M in Q4 2025.
How has Invitation Homes's free cash flow changed year-over-year?
Invitation Homes's free cash flow decreased by 2.1% year-over-year, from $125.03M to $122.39M.
What is the long-term trend for Invitation Homes's free cash flow?
Over 4 years (2021 to 2025), Invitation Homes's free cash flow has grown at a 9.1% compound annual growth rate (CAGR), from $830.25M to $1.18B.
What does free cash flow mean?
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.