Extra Space Storage Inc. (EXR) vs Invitation Homes Inc. (INVH)
EXR leads on 9 of 15 compared metrics, though INVH is the cheaper stock.
A side-by-side comparison of Extra Space Storage 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).
EXR
Extra Space Storage Inc.
$147.28Real 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 — EXR vs INVH
growth of $100 · dividends reinvested · last 9yEXR +189.2%INVH +92.5%EXR compounded faster
EXR INVH
EXR vs INVH: by the numbers
- •EXR is the larger company ($31.11B vs $17.87B market cap).
- •INVH trades at the lower earnings multiple (31.71 vs 33.47 P/E).
- •EXR converts more revenue to profit (27.82% vs 20.89% net margin).
- •EXR grew revenue faster over the past five years (19.26% vs 8.58% CAGR).
- •EXR pays the higher dividend yield (4.40% vs 3.95%).
Which is better, EXR or INVH?
Metric tally: EXR 9 · INVH 6It depends on what you're optimizing for:
ValueINVH(lower P/E)
GrowthEXR(faster 5Y revenue CAGR)
IncomeEXR(higher dividend yield)
QualityEXR(higher ROIC)
Metrics side by side
Valuation
| Metric | EXR | INVH |
|---|---|---|
| P/E ratio | 33.47 | 31.71● |
| Forward P/E | 31.91● | 38.97 |
| P/S ratio | 9.56 | 6.55● |
| P/B ratio | 2.43 | 2.01● |
| PEG ratio | 2.04 | 0.97● |
| EV / EBITDA | 21.13 | 16.57● |
Profitability
| Metric | EXR | INVH |
|---|---|---|
| Gross margin | 27.87%● | 3.69% |
| Operating margin | 43.25%● | 31.17% |
| Net margin | 27.82%● | 20.89% |
| ROE | 7.08%● | 6.41% |
| ROIC | 5.18%● | 4.89% |
Dividends
| Metric | EXR | INVH |
|---|---|---|
| Dividend yield | 4.40%● | 3.95% |
| Payout ratio | 141.18% | 123.96% |
Growth (annualized)
| Metric | EXR | INVH |
|---|---|---|
| Revenue CAGR (5Y) | 19.26%● | 8.58% |
| EPS CAGR (5Y) | 4.35% | 22.36%● |
| Total return CAGR (5Y) | 0.91%● | -2.49% |
Frequently asked
- Which is better, EXR or INVH?
- It depends on your goal. value: INVH (lower P/E); growth: EXR (faster 5Y revenue CAGR); income: EXR (higher dividend yield); quality: EXR (higher ROIC). Across all compared metrics, EXR leads 9 to 6.
- Is EXR or INVH cheaper?
- On trailing earnings, INVH is cheaper: EXR trades at a 33.47 P/E and INVH at 31.71.
- Which has grown faster, EXR or INVH?
- Over the past five years, EXR grew revenue faster — EXR at a 19.26% CAGR versus INVH at 8.58%.
- Does EXR or INVH pay a bigger dividend?
- EXR yields 4.40% and INVH yields 3.95% based on trailing dividends and the latest price.
- Is EXR or INVH more profitable?
- EXR runs the higher net margin — EXR at 27.82% versus INVH at 20.89%.
- Which has been the better investment, EXR or INVH?
- Over the past 5-year, EXR delivered the higher annualized total return — EXR at 8.69% versus INVH at -2.49%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Extra Space Storage P/E ratioInvitation Homes P/E ratioExtra Space Storage dividend yieldInvitation Homes dividend yieldExtra Space Storage ROEInvitation Homes ROEExtra Space Storage operating marginInvitation Homes operating marginExtra Space Storage revenue growthInvitation Homes revenue growthExtra Space Storage free cash flowInvitation Homes free cash flow
Extra Space Storage & 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.