Is it safe?
Can INVH take a bad year?
Invitation Homes carries $8.69B of net debt at 7.72× EBITDA: a heavy load to carry through a bad year.
$8.69B
Net debt · as at Q1 2026 · over four years of earnings before interest, tax and depreciation, heavy
- Net debt / EBITDA
- 7.72×
Net debt / EBITDA · 7.85× a year ago · the load is coming down
- Interest cover
- 1.01×
Interest cover · operating profit barely covers the interest bill
- Annualised volatility
- 21%
Annualised volatility · about as steady as the market itself
Details›
- Total debtQ1 2026
- $8.80B
- Cash and short-term investments
- $114M
- Net debt
- $8.69B
- EBITDA, trailing twelve months
- $1.13B
- Operating profit, trailing twelve months
- $368M
- Debt / equity
- 0.97×
- Total debt / EBITDA
- 7.82×
- Annualised volatilitytwo years of daily moves
- 21%
- Worst drawdown on file
- −51%
- Below its 52-week high
- −2.0%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.