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).
INVH
Invitation Homes Inc.
$30.46Real Estate
MAA
Mid-America Apartment Communities, Inc.
$140.72Real Estate
Total return — INVH vs MAA
growth of $100 · last 9yINVH +52.3%MAA +48.2%INVH compounded faster
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 5It 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
| Metric | INVH | MAA |
|---|---|---|
| P/E ratio | 32.06● | 42.64 |
| Forward P/E | 37.88● | 41.97 |
| P/S ratio | 6.62● | 7.40 |
| P/B ratio | 2.03● | 2.95 |
| PEG ratio | 0.97● | 3.71 |
| EV / EBITDA | 16.70● | 17.74 |
Profitability
| Metric | INVH | MAA |
|---|---|---|
| Gross margin | 3.69% | 39.58%● |
| Operating margin | 31.17%● | 27.43% |
| Net margin | 20.89%● | 17.60% |
| ROE | 6.41% | 7.01%● |
| ROIC | 4.89% | 5.32%● |
Dividends
| Metric | INVH | MAA |
|---|---|---|
| Dividend yield | 3.94% | 4.35%● |
| Payout ratio | 125.00% | 161.48% |
Growth (annualized)
| Metric | INVH | MAA |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
Invitation Homes P/E ratioMid-America Apartment Communities P/E ratioInvitation Homes dividend yieldMid-America Apartment Communities dividend yieldInvitation Homes ROEMid-America Apartment Communities ROEInvitation Homes operating marginMid-America Apartment Communities operating marginInvitation Homes revenue growthMid-America Apartment Communities revenue growthInvitation Homes free cash flowMid-America Apartment Communities free cash flow
Invitation Homes & Mid-America Apartment Communities 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 28, 2026.