Business Segments · Property operating and maintenance

Business Segments — Property operating and maintenance

Invitation Homes Business Segments — Property operating and maintenance increased by 2.6% to $251.13M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.8%, from $237.45M to $251.13M. Over 3 years (FY 2022 to FY 2025), Business Segments — Property operating and maintenance shows an upward trend with a 7.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ1 2026Apr 30, 2026
Rolls up toLease Costs

How to read this metric

An increase may signal aging portfolio infrastructure or rising labor and material costs, while a decrease could suggest deferred maintenance or improved asset quality.

Detailed definition

This metric aggregates all direct costs incurred to operate, maintain, and preserve the physical condition of the rental...

Peer comparison

Comparable to total property operating expenses (TPOE) or property-level maintenance costs reported by other single-family and multi-family housing REITs.

Metric ID: invh_segment_reportable_segment_property_operating_and_maintenance

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$196.59M$196.59M$196.59M$196.59M$220.08M$220.08M$220.08M$220.08M$230.40M$234.18M$242.23M$228.46M$237.45M$244.28M$259.04M$244.82M$251.13M
QoQ Change+0.0%+0.0%+0.0%+12.0%+0.0%+0.0%+0.0%+4.7%+1.6%+3.4%-5.7%+3.9%+2.9%+6.0%-5.5%+2.6%
YoY Change+12.0%+12.0%+12.0%+12.0%+4.7%+6.4%+10.1%+3.8%+3.1%+4.3%+6.9%+7.2%+5.8%
Range$196.59M$259.04M
CAGR+6.3%
Avg YoY Growth+7.7%
Median YoY Growth+6.9%

Frequently Asked Questions

What is Invitation Homes's business segments — property operating and maintenance?
Invitation Homes (INVH) reported business segments — property operating and maintenance of $251.13M in Q1 2026.
How has Invitation Homes's business segments — property operating and maintenance changed year-over-year?
Invitation Homes's business segments — property operating and maintenance increased by 5.8% year-over-year, from $237.45M to $251.13M.
What is the long-term trend for Invitation Homes's business segments — property operating and maintenance?
Over 3 years (2022 to 2025), Invitation Homes's business segments — property operating and maintenance has grown at a 7.8% compound annual growth rate (CAGR), from $786.35M to $985.59M.
What does business segments — property operating and maintenance mean?
The total direct costs required to operate and maintain the physical condition of the rental properties.