Invitation Homes Inc. (INVH) vs Mid-America Apartment Communities, Inc. (MAA)

INVH leads on 10 of 15 compared metrics.

A side-by-side comparison of Invitation Homes Inc. and Mid-America Apartment Communities, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 28, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — INVH vs MAA

growth of $100 · last 9y
INVH +52.3%MAA +48.2%INVH compounded faster
100150200250Start $1002019202120232025$152$148
INVH MAA

INVH vs MAA: by the numbers

  • INVH is the larger company ($18.09B vs $16.38B market cap).
  • INVH trades at the lower earnings multiple (32.06 vs 42.64 P/E).
  • INVH converts more revenue to profit (20.89% vs 17.60% net margin).
  • INVH grew revenue faster over the past five years (8.58% vs 5.61% CAGR).
  • MAA pays the higher dividend yield (4.35% vs 3.94%).

Which is better, INVH or MAA?

Metric tally: INVH 10 · MAA 5

It depends on what you're optimizing for:

ValueINVH(lower P/E)
GrowthINVH(faster 5Y revenue CAGR)
IncomeMAA(higher dividend yield)
QualityMAA(higher ROIC)

Metrics side by side

Valuation

MetricINVHMAA
P/E ratio32.0642.64
Forward P/E37.8841.97
P/S ratio6.627.40
P/B ratio2.032.95
PEG ratio0.973.71
EV / EBITDA16.7017.74

Profitability

MetricINVHMAA
Gross margin3.69%39.58%
Operating margin31.17%27.43%
Net margin20.89%17.60%
ROE6.41%7.01%
ROIC4.89%5.32%

Dividends

MetricINVHMAA
Dividend yield3.94%4.35%
Payout ratio125.00%161.48%

Growth (annualized)

MetricINVHMAA
Revenue CAGR (5Y)8.58%5.61%
EPS CAGR (5Y)22.36%11.49%
Total return CAGR (5Y)-1.09%-0.16%

Frequently asked

Which is better, INVH or MAA?
It depends on your goal. value: INVH (lower P/E); growth: INVH (faster 5Y revenue CAGR); income: MAA (higher dividend yield); quality: MAA (higher ROIC). Across all compared metrics, INVH leads 10 to 5.
Is INVH or MAA cheaper?
On trailing earnings, INVH is cheaper: INVH trades at a 32.06 P/E and MAA at 42.64.
Which has grown faster, INVH or MAA?
Over the past five years, INVH grew revenue faster — INVH at a 8.58% CAGR versus MAA at 5.61%.
Does INVH or MAA pay a bigger dividend?
INVH yields 3.94% and MAA yields 4.35% based on trailing dividends and the latest price.
Is INVH or MAA more profitable?
INVH runs the higher net margin — INVH at 20.89% versus MAA at 17.60%.
Which has been the better investment, INVH or MAA?
Over the past 5-year, MAA delivered the higher annualized total return — INVH at -1.09% versus MAA at 7.08%. Past performance doesn't predict future results.

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 28, 2026.