AvalonBay Communities, Inc. (AVB) vs Invitation Homes Inc. (INVH)
INVH leads on 9 of 15 compared metrics, though AVB is the cheaper stock.
A side-by-side comparison of AvalonBay Communities, Inc. and Invitation Homes Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 20, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
AVB
AvalonBay Communities, Inc.
$191.84Real EstateDelayed quote: Jul 20, 2026, 4:00 PM EDT
INVH
Invitation Homes Inc.
$30.08Real EstateDelayed quote: Jul 20, 2026, 4:00 PM EDT
Total return — AVB vs INVH
growth of $100 · dividends reinvested · last 9yAVB +53.3%INVH +92.5%INVH compounded faster
AVB INVH
AVB vs INVH: by the numbers
- •AVB is the larger company ($27.25B vs $17.87B market cap).
- •AVB trades at the lower earnings multiple (23.95 vs 31.71 P/E).
- •AVB converts more revenue to profit (37.27% vs 20.89% net margin).
- •INVH grew revenue faster over the past five years (8.58% vs 6.36% CAGR).
- •INVH pays the higher dividend yield (3.95% vs 3.67%).
Which is better, AVB or INVH?
Metric tally: AVB 6 · INVH 9It depends on what you're optimizing for:
ValueAVB(lower P/E)
GrowthINVH(faster 5Y revenue CAGR)
IncomeINVH(higher dividend yield)
QualityINVH(higher ROIC)
Metrics side by side
Valuation
| Metric | AVB | INVH |
|---|---|---|
| P/E ratio | 23.95● | 31.71 |
| Forward P/E | 31.86● | 38.97 |
| P/S ratio | 8.85 | 6.55● |
| P/B ratio | 2.36 | 2.01● |
| PEG ratio | 5.13 | 0.97● |
| EV / EBITDA | 19.95 | 16.57● |
Profitability
| Metric | AVB | INVH |
|---|---|---|
| Gross margin | 67.92%● | 3.69% |
| Operating margin | 29.15% | 31.17%● |
| Net margin | 37.27%● | 20.89% |
| ROE | 9.94%● | 6.41% |
| ROIC | 4.31% | 4.89%● |
Dividends
| Metric | AVB | INVH |
|---|---|---|
| Dividend yield | 3.67% | 3.95%● |
| Payout ratio | 95.41% | 123.96% |
Growth (annualized)
| Metric | AVB | INVH |
|---|---|---|
| Revenue CAGR (5Y) | 6.36% | 8.58%● |
| EPS CAGR (5Y) | 4.67% | 22.36%● |
| Total return CAGR (5Y) | -0.06%● | -2.49% |
Frequently asked
- Which is better, AVB or INVH?
- It depends on your goal. value: AVB (lower P/E); growth: INVH (faster 5Y revenue CAGR); income: INVH (higher dividend yield); quality: INVH (higher ROIC). Across all compared metrics, INVH leads 9 to 6.
- Is AVB or INVH cheaper?
- On trailing earnings, AVB is cheaper: AVB trades at a 23.95 P/E and INVH at 31.71.
- Which has grown faster, AVB or INVH?
- Over the past five years, INVH grew revenue faster — AVB at a 6.36% CAGR versus INVH at 8.58%.
- Does AVB or INVH pay a bigger dividend?
- AVB yields 3.67% and INVH yields 3.95% based on trailing dividends and the latest price.
- Is AVB or INVH more profitable?
- AVB runs the higher net margin — AVB at 37.27% versus INVH at 20.89%.
- Which has been the better investment, AVB or INVH?
- Over the past 5-year, AVB delivered the higher annualized total return — AVB at 3.90% versus INVH at -2.49%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
AvalonBay Communities P/E ratioInvitation Homes P/E ratioAvalonBay Communities dividend yieldInvitation Homes dividend yieldAvalonBay Communities ROEInvitation Homes ROEAvalonBay Communities operating marginInvitation Homes operating marginAvalonBay Communities revenue growthInvitation Homes revenue growthAvalonBay Communities free cash flowInvitation Homes free cash flow
AvalonBay Communities & Invitation Homes appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified July 20, 2026.