Capital Expenditures for Invitation Homes (INVH)
According to Invitation Homes's latest reported financial statements, the company's current capital expenditures (TTM) is $280.51M USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
INVH
Currently viewingCapital ExpendituresSwitch metric
Latest period
$280.51M
YoY change
+10.6%
5Y CAGR
+7.1%
Peak year (2025)
$242.75M
Cumulative capital expenditures
$1.76B
CapEx history chart for Invitation Homes (INVH) from 2014 to 2025
CapEx history table for Invitation Homes (INVH) from 2014 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $242.75M | +10.6% | ||
| 2024 | $219.39M | -0.8% | ||
| 2023 | $221.10M | +6.3% | ||
| 2022 | $208.07M | +27.8% | ||
| 2021 | $162.83M | -5.5% | ||
| 2020 | $172.28M | +4.9% | ||
| 2019 | $164.24M | +12.7% | ||
| 2018 | $145.72M | +133.0% | ||
| 2017 | $62.54M | +25.6% | ||
| 2016 | $49.79M | -3.9% | ||
| 2015 | $51.80M | -15.0% | ||
| 2014 | $60.96M | — |
CapEx values are taken from Invitation Homes's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Invitation Homes (INVH) reported capital expenditures of $242.75M – grew 10.6% year-over-year.
Over 2020–2025 (5 years), Invitation Homes capital expenditures expanded at a +7.1% compound annual rate, with the latest reading among the more recent periods of the dataset.
2025 marks the peak capital expenditures at $242.75M, with the historical low of $49.79M recorded in 2016.
Invitation Homes (INVH) sits 5th of 8 Real Estate peers we track on this metric, against a peer median of $210.59M.
Invitation Homes Capital Expenditures by Year
Invitation Homes Capital Expenditures 2025: $242.75M
Invitation Homes capital expenditures in 2025 was $242.75M, grew 10.6% from 2024. This figure represents the highest annual value in the available history.
Invitation Homes Capital Expenditures 2024: $219.39M
Invitation Homes capital expenditures in 2024 was $219.39M, edged down 0.8% below 2023.
Invitation Homes Capital Expenditures 2023: $221.10M
Invitation Homes capital expenditures in 2023 was $221.10M, grew 6.3% from 2022.
Invitation Homes Capital Expenditures 2022: $208.07M
Invitation Homes capital expenditures in 2022 was $208.07M, grew 27.8% from 2021.
Invitation Homes Capital Expenditures 2021: $162.83M
Invitation Homes capital expenditures in 2021 was $162.83M.
See more financial history for Invitation Homes (INVH).
Sector peers — CapEx
Companies in the same sector as Invitation Homes, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Equinix, Inc. (EQIX) | $4.31B | Real Estate |
| American Tower Corporation (AMT) | $1.68B | Real Estate |
| Simon Property Group, Inc. (SPG) | $912.35M | Real Estate |
| Public Storage (PSA) | $289.38M | Real Estate |
| Realty Income Corporation (O) | $131.80M | Real Estate |
| Welltower Inc. (WELL) | $33.80M | Real Estate |
| Prologis, Inc. (PLD) | $0 | Real Estate |
| Digital Realty Trust, Inc. (DLR) | $0 | Real Estate |
Frequently asked questions
What is Invitation Homes's capital expenditures?
- Latest reported capital expenditures for Invitation Homes (INVH) is $280.51M (period ending December 31, 2025).
How has Invitation Homes capital expenditures changed year-over-year?
- Invitation Homes (INVH) capital expenditures changed +10.6% year-over-year on the latest annual filing.
What is the long-term growth rate of Invitation Homes capital expenditures?
- Invitation Homes (INVH) capital expenditures compound annual growth rate is +7.1% over the most recent 5 years available.
When did Invitation Homes capital expenditures hit its highest annual value?
- Invitation Homes capital expenditures reached its highest annual value of $242.75M in 2025.
What was Invitation Homes capital expenditures in 2024?
- Invitation Homes (INVH) capital expenditures in 2024 was $219.39M.
What was Invitation Homes capital expenditures in 2025?
- Invitation Homes (INVH) capital expenditures in 2025 was $242.75M.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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