Invitation Homes
Financial ratios & Valuation

Forward Multiples (2025 – 2027)

202520262027
Price/Earnings ratio
38.9634.51N/A
Price/Sales ratio
6.616.195.45
Earnings per Share (EPS)
$0.78$0.88N/A

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
-22.39-37.71-77.22-89.81-1.81K109.4583.85100.1847.1440.1744.66-1.81K
Price/Sales ratio
9.177.226.547.586.069.029.0213.128.118.587.486.06
Price/Book Value ratio
2.453.203.080.941.261.931.932.671.752.051.981.26
Price/Cash Flow ratio
124.7130.5924.1530.7918.6124.0423.6128.8517.6518.8518.8718.61
Price/Free Cash Flow ratio
-482.9241.4730.1640.5525.1431.9731.3735.1622.1623.5524.5431.97
Price/Earnings Growth ratio
N/A0.931.51N/A18.99-0.110.482.501.260.520.44-0.11
Dividend Yield
13.03%11.29%0.00%0.86%2.20%1.73%2.01%1.50%2.98%3.05%3.52%2.20%
Profitability Indicator Ratios
Gross Profit Margin
41.83%53.66%57.63%58.76%58.15%58.54%59.45%61.01%60.76%59.86%39.83%58.54%
Operating Profit Margin
-4.31%14.22%22.54%18.21%20.87%24.81%25.69%27.58%28.82%60.42%28.76%20.87%
Pretax Profit Margin
-40.96%-19.16%-8.48%-10.03%-0.29%8.33%10.83%13.17%17.26%21.42%11.36%-0.29%
Net Profit Margin
-40.96%-19.16%-8.48%-8.44%-0.33%8.24%10.76%13.10%17.20%21.35%16.76%-0.33%
Effective Tax Rate
-0.08%1.41%23.76%32.49%1.71%258.59%179.83%120.49%0.38%N/A-30.27%258.59%
Return on Assets
-2.93%-1.63%-0.80%-0.47%-0.03%0.83%1.12%1.41%2.06%2.70%2.24%-0.03%
Return On Equity
-10.98%-8.49%-3.99%-1.04%-0.06%1.77%2.30%2.66%3.72%5.11%4.37%-0.06%
Return on Capital Employed
-0.49%1.61%2.83%1.04%2.00%2.54%2.69%3.00%3.50%7.72%3.92%2.00%
Liquidity Ratios
Current Ratio
N/AN/AN/A2.783.410.193.58N/AN/AN/A3.843.41
Quick Ratio
0.170.210.202.603.411.542.754.223.415.703.843.41
Cash ratio
0.080.110.080.780.850.491.423.151.323.492.570.85
Days of Sales Outstanding
3.093.864.598.487.015.227.056.858.859.129.507.01
Days of Inventory outstanding
N/AN/A0.00-48.35-110.97-0.81-0.00-0.00-93.35N/AN/A-110.97
Operating Cycle
3.093.864.59-39.86-103.954.407.056.85-84.499.129.50-103.95
Days of Payables Outstanding
85.8076.1782.23162.3485.8792.8573.7290.8782.8375.00N/A92.85
Cash Conversion Cycle
-82.71-72.31-77.64-202.21-189.82-88.44-66.66-84.01-167.33-65.879.50-189.82
Debt Ratios
Debt Ratio
0.710.780.770.750.680.610.450.430.410.410.450.61
Debt Equity Ratio
2.674.093.861.651.511.290.940.810.750.770.901.29
Long-term Debt to Capitalization
0.560.800.790.530.520.500.480.440.430.430.470.50
Total Debt to Capitalization
0.720.800.790.620.600.560.480.440.430.430.470.56
Interest Coverage Ratio
N/A0.580.270.550.891.151.32N/AN/AN/A2.090.89
Cash Flow to Debt Ratio
0.000.020.030.010.040.060.080.110.130.140.110.04
Company Equity Multiplier
3.745.194.972.192.192.112.051.891.801.891.972.11
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.070.230.270.240.320.370.380.450.450.450.390.32
Free Cash Flow / Operating Cash Flow Ratio
-0.250.730.800.750.740.750.750.820.790.800.760.74
Cash Flow Coverage Ratio
0.000.020.030.010.040.060.080.110.130.140.110.04
Short Term Coverage Ratio
0.012.60N/A0.050.170.30N/AN/AN/AN/AN/A0.30
Dividend Payout Ratio
-291.85%-426.07%-0.17%-77.46%-4005.43%190.20%169.28%150.64%140.61%122.84%153.49%-4005.43%