Essex Property Trust, Inc. (ESS) vs Invitation Homes Inc. (INVH)
INVH leads on 9 of 15 compared metrics.
A side-by-side comparison of Essex Property Trust, Inc. and Invitation Homes Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 27, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
ESS
Essex Property Trust, Inc.
$295.34Real Estate
INVH
Invitation Homes Inc.
$30.46Real Estate
Total return — ESS vs INVH
growth of $100 · last 9yESS +33.2%INVH +52.3%INVH compounded faster
ESS INVH
ESS vs INVH: by the numbers
- •ESS is the larger company ($18.98B vs $18.09B market cap).
- •INVH trades at the lower earnings multiple (32.06 vs 33.18 P/E).
- •ESS converts more revenue to profit (30.17% vs 20.89% net margin).
- •INVH grew revenue faster over the past five years (8.58% vs 5.52% CAGR).
- •INVH pays the higher dividend yield (3.94% vs 3.51%).
Which is better, ESS or INVH?
Metric tally: ESS 6 · INVH 9It depends on what you're optimizing for:
ValueINVH(lower P/E)
GrowthINVH(faster 5Y revenue CAGR)
IncomeINVH(higher dividend yield)
QualityESS(higher ROIC)
Metrics side by side
Valuation
| Metric | ESS | INVH |
|---|---|---|
| P/E ratio | 33.18 | 32.06● |
| Forward P/E | 48.76 | 37.88● |
| P/S ratio | 9.98 | 6.62● |
| P/B ratio | 3.50 | 2.03● |
| PEG ratio | 9.02 | 0.97● |
| EV / EBITDA | 19.24 | 16.70● |
Profitability
| Metric | ESS | INVH |
|---|---|---|
| Gross margin | 69.44%● | 3.69% |
| Operating margin | 38.38%● | 31.17% |
| Net margin | 30.17%● | 20.89% |
| ROE | 10.59%● | 6.41% |
| ROIC | 5.98%● | 4.89% |
Dividends
| Metric | ESS | INVH |
|---|---|---|
| Dividend yield | 3.51% | 3.94%● |
| Payout ratio | 99.52% | 125.00% |
Growth (annualized)
| Metric | ESS | INVH |
|---|---|---|
| Revenue CAGR (5Y) | 5.52% | 8.58%● |
| EPS CAGR (5Y) | 3.68% | 22.36%● |
| Total return CAGR (5Y) | 2.81%● | -1.09% |
Frequently asked
- Which is better, ESS or INVH?
- It depends on your goal. value: INVH (lower P/E); growth: INVH (faster 5Y revenue CAGR); income: INVH (higher dividend yield); quality: ESS (higher ROIC). Across all compared metrics, INVH leads 9 to 6.
- Is ESS or INVH cheaper?
- On trailing earnings, INVH is cheaper: ESS trades at a 33.18 P/E and INVH at 32.06.
- Which has grown faster, ESS or INVH?
- Over the past five years, INVH grew revenue faster — ESS at a 5.52% CAGR versus INVH at 8.58%.
- Does ESS or INVH pay a bigger dividend?
- ESS yields 3.51% and INVH yields 3.94% based on trailing dividends and the latest price.
- Is ESS or INVH more profitable?
- ESS runs the higher net margin — ESS at 30.17% versus INVH at 20.89%.
- Which has been the better investment, ESS or INVH?
- Over the past 5-year, ESS delivered the higher annualized total return — ESS at 6.58% versus INVH at -1.09%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Essex Property Trust P/E ratioInvitation Homes P/E ratioEssex Property Trust dividend yieldInvitation Homes dividend yieldEssex Property Trust ROEInvitation Homes ROEEssex Property Trust operating marginInvitation Homes operating marginEssex Property Trust revenue growthInvitation Homes revenue growthEssex Property Trust free cash flowInvitation Homes free cash flow
Essex Property Trust & 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 June 27, 2026.