Equity Residential (EQR) vs Invitation Homes Inc. (INVH)
INVH leads on 9 of 15 compared metrics, though EQR is the cheaper stock.
A side-by-side comparison of Equity Residential 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).
EQR
Equity Residential
$68.80Real 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 — EQR vs INVH
growth of $100 · dividends reinvested · last 9yEQR +59.8%INVH +92.5%INVH compounded faster
EQR INVH
EQR vs INVH: by the numbers
- •EQR is the larger company ($25.78B vs $17.87B market cap).
- •EQR trades at the lower earnings multiple (27.74 vs 31.71 P/E).
- •EQR converts more revenue to profit (30.56% vs 20.89% net margin).
- •INVH grew revenue faster over the past five years (8.58% vs 4.64% CAGR).
- •EQR pays the higher dividend yield (4.06% vs 3.95%).
Which is better, EQR or INVH?
Metric tally: EQR 6 · INVH 9It depends on what you're optimizing for:
ValueEQR(lower P/E)
GrowthINVH(faster 5Y revenue CAGR)
IncomeEQR(higher dividend yield)
QualityINVH(higher ROIC)
Metrics side by side
Valuation
| Metric | EQR | INVH |
|---|---|---|
| P/E ratio | 27.74● | 31.71 |
| Forward P/E | 46.73 | 38.97● |
| P/S ratio | 8.49 | 6.55● |
| P/B ratio | 2.48 | 2.01● |
| PEG ratio | 2.41 | 0.97● |
| EV / EBITDA | 18.54 | 16.57● |
Profitability
| Metric | EQR | INVH |
|---|---|---|
| Gross margin | 46.32%● | 3.69% |
| Operating margin | 28.50% | 31.17%● |
| Net margin | 30.56%● | 20.89% |
| ROE | 8.94%● | 6.41% |
| ROIC | 4.57% | 4.89%● |
Dividends
| Metric | EQR | INVH |
|---|---|---|
| Dividend yield | 4.06%● | 3.95% |
| Payout ratio | 93.94% | 123.96% |
Growth (annualized)
| Metric | EQR | INVH |
|---|---|---|
| Revenue CAGR (5Y) | 4.64% | 8.58%● |
| EPS CAGR (5Y) | 4.71% | 22.36%● |
| Total return CAGR (5Y) | -0.27%● | -2.49% |
Frequently asked
- Which is better, EQR or INVH?
- It depends on your goal. value: EQR (lower P/E); growth: INVH (faster 5Y revenue CAGR); income: EQR (higher dividend yield); quality: INVH (higher ROIC). Across all compared metrics, INVH leads 9 to 6.
- Is EQR or INVH cheaper?
- On trailing earnings, EQR is cheaper: EQR trades at a 27.74 P/E and INVH at 31.71.
- Which has grown faster, EQR or INVH?
- Over the past five years, INVH grew revenue faster — EQR at a 4.64% CAGR versus INVH at 8.58%.
- Does EQR or INVH pay a bigger dividend?
- EQR yields 4.06% and INVH yields 3.95% based on trailing dividends and the latest price.
- Is EQR or INVH more profitable?
- EQR runs the higher net margin — EQR at 30.56% versus INVH at 20.89%.
- Which has been the better investment, EQR or INVH?
- Over the past 5-year, EQR delivered the higher annualized total return — EQR at 3.44% versus INVH at -2.49%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Equity Residential P/E ratioInvitation Homes P/E ratioEquity Residential dividend yieldInvitation Homes dividend yieldEquity Residential ROEInvitation Homes ROEEquity Residential operating marginInvitation Homes operating marginEquity Residential revenue growthInvitation Homes revenue growthEquity Residential free cash flowInvitation Homes free cash flow
Equity Residential & 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.