Host Hotels & Resorts, Inc. (HST) vs Invitation Homes Inc. (INVH)
A side-by-side comparison of Host Hotels & Resorts, Inc. and Invitation Homes Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 12, 2026. Differences are shown without an overall score or investment verdict.
Total return — HST vs INVH
growth of $100 · dividends reinvested · last 10yHST vs INVH: by the numbers
- •INVH is the larger company ($17.63B vs $15.46B market cap).
- •INVH converts more revenue to profit (23.14% vs 16.51% net margin).
- •HST grew revenue faster over the past five years (32.68% vs 8.60% CAGR).
- •HST pays the higher dividend yield (7.49% vs 3.99%).
Metrics side by side
Valuation
| Metric | HST | INVH |
|---|---|---|
| P/E ratio | 15.06 | 27.33 |
| Forward P/E | 16.36 | 36.61 |
| P/S ratio | 2.81 | 6.18 |
| P/B ratio | 2.27 | 1.95 |
| EV / EBITDA | 12.73 | 16.06 |
| FCF yield | 5.97% | 6.13% |
For REITs like Host Hotels & Resorts, Inc., GAAP P/E is distorted: heavy non-cash property depreciation depresses reported earnings and overstates the multiple. Real-estate companies are valued on funds from operations (FFO / AFFO) and price-to-FFO — see the Funds From Operations section. The P/E is shown for reference only.
For REITs like Invitation Homes Inc., GAAP P/E is distorted: heavy non-cash property depreciation depresses reported earnings and overstates the multiple. Real-estate companies are valued on funds from operations (FFO / AFFO) and price-to-FFO — see the Funds From Operations section. The P/E is shown for reference only.
Profitability
| Metric | HST | INVH |
|---|---|---|
| Gross margin | 2.62% | 3.69% |
| Operating margin | 14.44% | 30.16% |
| Net margin | 16.51% | 23.14% |
| ROE | 15.04% | 7.30% |
| ROIC | 8.22% | 4.91% |
Dividends
| Metric | HST | INVH |
|---|---|---|
| Dividend yield | 7.49% | 3.99% |
| Payout ratio | 151.82% | 123.96% |
Host Hotels & Resorts, Inc.'s payout ratio is measured against GAAP earnings, which non-cash depreciation depresses for REITs — the dividend is conventionally assessed against funds from operations (FFO / AFFO) instead, so the GAAP figure overstates the payout burden.
Invitation Homes Inc.'s payout ratio is measured against GAAP earnings, which non-cash depreciation depresses for REITs — the dividend is conventionally assessed against funds from operations (FFO / AFFO) instead, so the GAAP figure overstates the payout burden.
Growth (annualized)
| Metric | HST | INVH |
|---|---|---|
| Revenue CAGR (5Y) | 32.68% | 8.60% |
| EPS CAGR (5Y) | N/A | 22.36% |
| FCF CAGR (5Y) | 6.83% | 12.11% |
| Total return CAGR (5Y) | 11.57% | -2.21% |
Frequently asked
- Which has grown faster, HST or INVH?
- Over the past five years, HST grew revenue faster — HST at a 32.68% CAGR versus INVH at 8.60%.
- Does HST or INVH pay a bigger dividend?
- HST yields 7.49% and INVH yields 3.99% based on trailing dividends and the latest price.
- Is HST or INVH more profitable?
- INVH runs the higher net margin — HST at 16.51% versus INVH at 23.14%.
- How have HST and INVH total returns compared?
- Over the past 5 years, HST delivered 6.59% and INVH delivered -2.21% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Host Hotels & Resorts & 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 August 12, 2026.