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CPT vs. INVH: Camden Property Trust vs. Invitation Homes Stock Comparison

How do Camden Property Trust (CPT) and Invitation Homes (INVH) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Camden Property Trust (CPT) and Invitation Homes (INVH) both belong to the Residential REITs industry, though CPT is classified under Multi-Family Residential REITs while INVH falls under Single-Family Residential REITs.

Both Camden Property Trust (CPT) and Invitation Homes (INVH) are REITs — read their payout ratios and P/E alongside FFO (funds from operations) rather than at face value.

Company profile comparison for Camden Property Trust (CPT) and Invitation Homes (INVH)
Profile ItemCPTINVH
NameCamden Property TrustInvitation Homes Inc.
Country/RegionUnited StatesUnited States
GICS SectorReal EstateReal Estate
GICS Industry GroupEquity Real Estate Investment Trusts (REITs)Equity Real Estate Investment Trusts (REITs)
GICS IndustryResidential REITsResidential REITs
GICS Sub-IndustryMulti-Family Residential REITsSingle-Family Residential REITs
Market Capitalization10.13 billion USD15.67 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateJuly 22, 1993February 1, 2017
Security TypeREITREIT

Price Performance

Cumulative Growth

CPT
INVH
GSPC
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Camden Property Trust (CPT) vs. Invitation Homes (INVH), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Camden Property Trust (CPT) and Invitation Homes (INVH). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Camden Property Trust (CPT) and Invitation Homes (INVH). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Camden Property Trust (CPT) and Invitation Homes (INVH)
MetricCPTINVH
Total Return (1Y)2.53%1.74%
Total Return (3Y, Annualized)8.91%-0.74%
Total Return (5Y, Annualized)-5.96%-4.47%

Risk Profile

Drawdown History

CPT
INVH
GSPC
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Camden Property Trust (CPT) vs. Invitation Homes (INVH), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Camden Property Trust (CPT) and Invitation Homes (INVH). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Camden Property Trust (CPT) and Invitation Homes (INVH)
MetricCPTINVH
Volatility (1Y, Annualized)19.94%21.11%
Beta (5Y)0.750.79
Max Drawdown (5Y)-50.22%-38.44%
Avg. Volume (3M)966.49K4.97M

Risk-Adjusted Performance

Risk-Return Positioning

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CPT and INVH are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Camden Property Trust (CPT) and Invitation Homes (INVH)
MetricCPTINVH
Sharpe Ratio (1Y)-0.09-0.12
Sortino Ratio (1Y)-0.13-0.17

Profitability

ROE (TTM)

Camden Property Trust (CPT) at 24.45% clears its industry range for ROE, a sharper capital-efficiency signal than Invitation Homes (INVH) at 7.40%, which is closer to a typical peer reading.

CPT

Equity Real Estate Investment Trusts (REITs) industry group

24.45%

CPT
24.45%
Max
22.74%
Q3
10.54%
Median
6.38%
Q1
1.69%
Min
-10.86%

INVH

Equity Real Estate Investment Trusts (REITs) industry group

7.40%

Max
22.74%
Q3
10.54%
INVH
7.40%
Median
6.38%
Q1
1.69%
Min
-10.86%
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Camden Property Trust (CPT) vs. Invitation Homes (INVH): A comparison of their ROE against the Equity Real Estate Investment Trusts (REITs) industry group benchmark.

Net Margin (TTM)

Neither Camden Property Trust (CPT) in Equity Real Estate Investment Trusts (REITs) nor Invitation Homes (INVH) in Equity Real Estate Investment Trusts (REITs) is well served by net margin: heavy depreciation makes net income a poor profitability proxy in their businesses, where FFO-based measures are the standard read.

Operating Margin (TTM)

Neither side reports a meaningful operating margin: for Camden Property Trust (CPT) in Equity Real Estate Investment Trusts (REITs) and Invitation Homes (INVH) in Equity Real Estate Investment Trusts (REITs), funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.

Profitability Metrics

Profitability metrics for Camden Property Trust (CPT) and Invitation Homes (INVH)
MetricCPTINVH
ROE (TTM)24.45%7.40%
ROA (TTM)1.83%2.39%
Net Margin (TTM)----
Operating Margin (TTM)----
Gross Margin (TTM)----

Growth

Revenue Growth

Both Camden Property Trust (CPT) at 1.92% and Invitation Homes (INVH) at 4.21% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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Camden Property Trust (CPT) vs. Invitation Homes (INVH): A comparison of their Revenue Growth across different time periods.

EPS Growth

EPS growth isn't a meaningful figure for either Camden Property Trust (CPT) in Equity Real Estate Investment Trusts (REITs) or Invitation Homes (INVH) in Equity Real Estate Investment Trusts (REITs) under our convention.

Growth Metrics

Growth metrics for Camden Property Trust (CPT) and Invitation Homes (INVH)
MetricCPTINVH
Revenue Growth (YoY)1.92%4.21%
Revenue Growth (3Y CAGR)3.41%6.84%
EPS Growth (YoY)----
EPS Growth (3Y CAGR)----

Financial Strength

Current Ratio (MRQ)

Camden Property Trust (CPT) at 0.65 keeps current ratio within its industry’s typical mid-range, while Invitation Homes (INVH) at 0.61 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for INVH.

CPT

Equity Real Estate Investment Trusts (REITs) industry group

0.65

Max
4.19
Q3
2.11
Median
1.31
CPT
0.65
Q1
0.62
Min
0.06

INVH

Equity Real Estate Investment Trusts (REITs) industry group

0.61

Max
4.19
Q3
2.11
Median
1.31
Q1
0.62
INVH
0.61
Min
0.06
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Camden Property Trust (CPT) vs. Invitation Homes (INVH): A comparison of their current ratio against the Equity Real Estate Investment Trusts (REITs) industry group benchmark.

Debt / Equity (MRQ)

Both Camden Property Trust (CPT) at 0.91 and Invitation Homes (INVH) at 0.99 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

CPT

Equity Real Estate Investment Trusts (REITs) industry group

0.91

Max
2.72
Q3
1.59
Median
0.99
CPT
0.91
Q1
0.72
Min
0.20

INVH

Equity Real Estate Investment Trusts (REITs) industry group

0.99

Max
2.72
Q3
1.59
INVH
0.99
Median
0.99
Q1
0.72
Min
0.20
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Camden Property Trust (CPT) vs. Invitation Homes (INVH): A comparison of their debt-to-equity ratio against the Equity Real Estate Investment Trusts (REITs) industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Camden Property Trust (CPT) and Invitation Homes (INVH)
MetricCPTINVH
Current Ratio (MRQ)0.650.61
Debt / Equity (MRQ)0.910.99
Net Debt / EBITDA4.545.83

Dividends

Dividend Yield (TTM)

Both Camden Property Trust (CPT) at 4.08% and Invitation Homes (INVH) at 4.35% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

CPT

Equity Real Estate Investment Trusts (REITs) industry group

4.08%

Max
8.62%
Q3
5.95%
Median
4.34%
CPT
4.08%
Q1
3.26%
Min
0.00%

INVH

Equity Real Estate Investment Trusts (REITs) industry group

4.35%

Max
8.62%
Q3
5.95%
INVH
4.35%
Median
4.34%
Q1
3.26%
Min
0.00%
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Camden Property Trust (CPT) vs. Invitation Homes (INVH): A comparison of their dividend yield against the Equity Real Estate Investment Trusts (REITs) industry group benchmark.

Dividend Payout Ratio (TTM)

An earnings-based payout ratio fits neither Camden Property Trust (CPT) in Equity Real Estate Investment Trusts (REITs) nor Invitation Homes (INVH) in Equity Real Estate Investment Trusts (REITs): their distributions are mandated and conventionally measured against FFO, so the accounting-earnings ratio overstates both.

Dividend Metrics

Dividend metrics for Camden Property Trust (CPT) and Invitation Homes (INVH)
MetricCPTINVH
Dividend Yield (TTM)4.08%4.35%
Dividend Payout Ratio (TTM)----

Valuation

P/E Ratio (TTM)

P/E ratio is not a meaningful valuation yardstick for either Camden Property Trust (CPT) in Equity Real Estate Investment Trusts (REITs) or Invitation Homes (INVH) in Equity Real Estate Investment Trusts (REITs): depreciation suppresses reported earnings in their businesses, and price-to-FFO is the conventional yardstick instead.

P/S Ratio (TTM)

On P/S ratio, both Camden Property Trust (CPT) at 6.44 and Invitation Homes (INVH) at 5.49 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

CPT

Equity Real Estate Investment Trusts (REITs) industry group

6.44

Max
14.47
Q3
8.02
CPT
6.44
Median
5.98
Q1
3.27
Min
0.43

INVH

Equity Real Estate Investment Trusts (REITs) industry group

5.49

Max
14.47
Q3
8.02
Median
5.98
INVH
5.49
Q1
3.27
Min
0.43
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Camden Property Trust (CPT) vs. Invitation Homes (INVH): A comparison of their P/S ratio against the Equity Real Estate Investment Trusts (REITs) industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both Camden Property Trust (CPT) at 2.23 and Invitation Homes (INVH) at 1.79 are valued close to their industries’ norm against book — neither stands out from peers.

CPT

Equity Real Estate Investment Trusts (REITs) industry group

2.23

Max
4.06
Q3
2.53
CPT
2.23
Median
1.64
Q1
1.06
Min
0.21

INVH

Equity Real Estate Investment Trusts (REITs) industry group

1.79

Max
4.06
Q3
2.53
INVH
1.79
Median
1.64
Q1
1.06
Min
0.21
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Camden Property Trust (CPT) vs. Invitation Homes (INVH): A comparison of their P/B ratio against the Equity Real Estate Investment Trusts (REITs) industry group benchmark.

Valuation Metrics

Valuation metrics for Camden Property Trust (CPT) and Invitation Homes (INVH)
MetricCPTINVH
P/E Ratio (TTM)----
P/S Ratio (TTM)6.445.49
P/B Ratio (MRQ)2.231.79
Free Cash Flow Yield (TTM)----