Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 36.61.
Forward PE Ratio (36.61) = Close Price ($29.78) / Consensus Forward EPS ($0.81)
FORWARD PE RATIO
36.61
SECTOR MEDIAN · REAL ESTATE
34.00
median of 38 covered companies
CURRENT VS SECTOR MEDIAN
+7.66%
vs the sector median at left
Invitation Homes Inc.
Market Cap
$17.69B
Forward PE Ratio
36.61
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Invitation Homes Inc. (INVH) | $17.69B | 36.61 |
| Weyerhaeuser Company (WY)vs › | $17.85B | 74.49 |
| Essex Property Trust, Inc. (ESS)vs › | $18.07B | 47.77 |
| Kimco Realty Corporation (KIM)vs › | $16.30B | 28.91 |
| SBA Communications Corporation (SBAC)vs › | $19.42B | 23.86 |
| Host Hotels & Resorts, Inc. (HST)vs › | $15.62B | 16.36 |
| Mid-America Apartment Communities, Inc. (MAA)vs › | $15.40B | 38.17 |
| Sun Communities, Inc. (SUI)vs › | $14.58B | 53.63 |
| Healthpeak Properties, Inc. (DOC)vs › | $14.24B | 56.24 |
| Regency Centers Corporation (REG)vs › | $13.83B | 30.62 |
Trailing P/E
27.3
reported TTM EPS
Forward P/E
36.6
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $0.81 implies -25.7% EPS decline vs the reported trailing $1.09.
At today's $29.78 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $0.81 | $0.81 – $0.82 | 7 | 36.6x |
| 2027-12-31 | $0.74 | $0.72 – $0.76 | 7 | 40.3x |
| 2028-12-31 | $0.79 | $0.67 – $0.99 | 6 | 37.6x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute