INVH vs. PSA: A Head-to-Head Stock Comparison

Updated on August 27, 2025

Here’s a clear look at INVH and PSA, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Profile

Both INVH and PSA are Real Estate Investment Trusts (REITs). These entities are required to distribute the majority of their taxable income to shareholders, often resulting in higher dividend yields.

Symbol	INVH	PSA
Company Name	Invitation Homes Inc.	Public Storage
Country	United States	United States
GICS Sector	Real Estate	Real Estate
GICS Industry	Residential REITs	Specialized REITs
Market Capitalization	19.16 billion USD	50.85 billion USD
Exchange	NYSE	NYSE
Listing Date	February 1, 2017	November 18, 1980
Security Type	REIT	REIT

Historical Performance

This chart compares the performance of INVH and PSA by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.

INVH vs. PSA: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

Symbol	INVH	PSA
5-Day Price Return	0.98%	0.87%
13-Week Price Return	-6.95%	-2.01%
26-Week Price Return	-2.99%	-2.55%
52-Week Price Return	-14.30%	-13.02%
Month-to-Date Return	0.49%	6.58%
Year-to-Date Return	-3.66%	-3.21%
10-Day Avg. Volume	3.63M	0.58M
3-Month Avg. Volume	3.40M	0.81M
3-Month Volatility	16.82%	20.34%
Beta	0.83	0.88

Profitability

Return on Equity (TTM)

INVH

5.58%

Residential REITs Industry

Max: 12.21%
Q3: 9.45%
Median: 7.42%
Q1: 2.50%
Min: 0.37%

INVH’s Return on Equity of 5.58% is on par with the norm for the Residential REITs industry, indicating its profitability relative to shareholder equity is typical for the sector.

PSA

18.93%

Specialized REITs Industry

Max: 37.66%
Q3: 20.19%
Median: 8.96%
Q1: 6.32%
Min: -1.71%

PSA’s Return on Equity of 18.93% is on par with the norm for the Specialized REITs industry, indicating its profitability relative to shareholder equity is typical for the sector.

INVH vs. PSA: A comparison of their Return on Equity (TTM) against their respective Residential REITs and Specialized REITs industry benchmarks.

Net Profit Margin (TTM)

INVH

20.37%

Residential REITs Industry

Max: 67.49%
Q3: 38.86%
Median: 25.74%
Q1: 7.62%
Min: 0.15%

In the Residential REITs industry, Net Profit Margin is often not the primary profitability metric.

PSA

38.13%

Specialized REITs Industry

Max: 67.81%
Q3: 40.70%
Median: 25.91%
Q1: 11.01%
Min: 1.95%

In the Specialized REITs industry, Net Profit Margin is often not the primary profitability metric.

INVH vs. PSA: A comparison of their Net Profit Margin (TTM) against their respective Residential REITs and Specialized REITs industry benchmarks.

Operating Profit Margin (TTM)

INVH

25.07%

Residential REITs Industry

Max: 54.06%
Q3: 45.82%
Median: 29.89%
Q1: 19.34%
Min: 5.28%

In the Residential REITs industry, Operating Profit Margin is often not the primary measure of operational efficiency.

PSA

46.56%

Specialized REITs Industry

Max: 107.13%
Q3: 55.10%
Median: 41.03%
Q1: 17.97%
Min: 5.94%

In the Specialized REITs industry, Operating Profit Margin is often not the primary measure of operational efficiency.

INVH vs. PSA: A comparison of their Operating Profit Margin (TTM) against their respective Residential REITs and Specialized REITs industry benchmarks.

Profitability at a Glance

Symbol	INVH	PSA
Return on Equity (TTM)	5.58%	18.93%
Return on Assets (TTM)	2.88%	9.09%
Net Profit Margin (TTM)	20.37%	38.13%
Operating Profit Margin (TTM)	25.07%	46.56%
Gross Profit Margin (TTM)	58.94%	73.00%

Financial Strength

Current Ratio (MRQ)

INVH

0.25

Residential REITs Industry

Max: 1.28
Q3: 0.64
Median: 0.21
Q1: 0.12
Min: 0.00

INVH’s Current Ratio of 0.25 aligns with the median group of the Residential REITs industry, indicating that its short-term liquidity is in line with its sector peers.

PSA

0.84

Specialized REITs Industry

Max: 1.74
Q3: 1.13
Median: 0.59
Q1: 0.35
Min: 0.09

PSA’s Current Ratio of 0.84 aligns with the median group of the Specialized REITs industry, indicating that its short-term liquidity is in line with its sector peers.

INVH vs. PSA: A comparison of their Current Ratio (MRQ) against their respective Residential REITs and Specialized REITs industry benchmarks.

Debt-to-Equity Ratio (MRQ)

INVH

0.85

Residential REITs Industry

Max: 1.62
Q3: 1.10
Median: 0.83
Q1: 0.69
Min: 0.28

INVH’s Debt-to-Equity Ratio of 0.85 is typical for the Residential REITs industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.

PSA

1.11

Specialized REITs Industry

Max: 4.54
Q3: 3.26
Median: 1.09
Q1: 0.58
Min: 0.16

PSA’s Debt-to-Equity Ratio of 1.11 is typical for the Specialized REITs industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.

INVH vs. PSA: A comparison of their Debt-to-Equity Ratio (MRQ) against their respective Residential REITs and Specialized REITs industry benchmarks.

Interest Coverage Ratio (TTM)

INVH

2.16

Residential REITs Industry

Max: 5.11
Q3: 4.01
Median: 2.53
Q1: 1.52
Min: 0.52

INVH’s Interest Coverage Ratio of 2.16 is positioned comfortably within the norm for the Residential REITs industry, indicating a standard and healthy capacity to cover its interest payments.

PSA

18.96

Specialized REITs Industry

Max: 5.24
Q3: 4.05
Median: 2.99
Q1: 2.10
Min: 1.28

With an Interest Coverage Ratio of 18.96, PSA demonstrates a superior capacity to service its debt, placing it well above the typical range for the Specialized REITs industry. This stems from either robust earnings or a conservative debt load.

INVH vs. PSA: A comparison of their Interest Coverage Ratio (TTM) against their respective Residential REITs and Specialized REITs industry benchmarks.

Financial Strength at a Glance

Symbol	INVH	PSA
Current Ratio (MRQ)	0.25	0.84
Quick Ratio (MRQ)	0.25	0.84
Debt-to-Equity Ratio (MRQ)	0.85	1.11
Interest Coverage Ratio (TTM)	2.16	18.96

Growth

Revenue Growth

INVH vs. PSA: A side-by-side comparison of their Revenue Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

EPS Growth

INVH vs. PSA: A side-by-side comparison of their EPS Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

Dividend

Dividend Yield (TTM)

INVH

3.75%

Residential REITs Industry

Max: 4.21%
Q3: 3.83%
Median: 3.40%
Q1: 3.27%
Min: 2.80%

INVH’s Dividend Yield of 3.75% is consistent with its peers in the Residential REITs industry, providing a dividend return that is standard for its sector.

PSA

4.57%

Specialized REITs Industry

Max: 7.06%
Q3: 5.09%
Median: 4.51%
Q1: 3.18%
Min: 1.78%

PSA’s Dividend Yield of 4.57% is consistent with its peers in the Specialized REITs industry, providing a dividend return that is standard for its sector.

INVH vs. PSA: A comparison of their Dividend Yield (TTM) against their respective Residential REITs and Specialized REITs industry benchmarks.

Dividend Payout Ratio (TTM)

INVH

128.64%

Residential REITs Industry

Max: 210.87%
Q3: 145.45%
Median: 102.94%
Q1: 84.58%
Min: 17.15%

INVH’s Dividend Payout Ratio of 128.64% is within the typical range for the Residential REITs industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

PSA

127.11%

Specialized REITs Industry

Max: 295.93%
Q3: 182.11%
Median: 119.31%
Q1: 65.42%
Min: 43.86%

PSA’s Dividend Payout Ratio of 127.11% is within the typical range for the Specialized REITs industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

INVH vs. PSA: A comparison of their Dividend Payout Ratio (TTM) against their respective Residential REITs and Specialized REITs industry benchmarks.

Dividend at a Glance

Symbol	INVH	PSA
Dividend Yield (TTM)	3.75%	4.57%
Dividend Payout Ratio (TTM)	128.64%	127.11%

Valuation

Price-to-Earnings Ratio (TTM)

INVH

34.31

Residential REITs Industry

Max: 177.01
Q3: 109.22
Median: 31.26
Q1: 25.84
Min: 8.46

The P/E Ratio is often not the primary metric for valuation in the Residential REITs industry.

PSA

27.84

Specialized REITs Industry

Max: 85.59
Q3: 64.69
Median: 29.09
Q1: 18.22
Min: 8.79

The P/E Ratio is often not the primary metric for valuation in the Specialized REITs industry.

INVH vs. PSA: A comparison of their Price-to-Earnings Ratio (TTM) against their respective Residential REITs and Specialized REITs industry benchmarks.

Price-to-Sales Ratio (TTM)

INVH

6.99

Residential REITs Industry

Max: 12.50
Q3: 10.33
Median: 8.01
Q1: 6.55
Min: 5.06

INVH’s P/S Ratio of 6.99 aligns with the market consensus for the Residential REITs industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

PSA

10.62

Specialized REITs Industry

Max: 14.35
Q3: 9.60
Median: 8.74
Q1: 5.61
Min: 1.63

PSA’s P/S Ratio of 10.62 is in the upper echelon for the Specialized REITs industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.

INVH vs. PSA: A comparison of their Price-to-Sales Ratio (TTM) against their respective Residential REITs and Specialized REITs industry benchmarks.

Price-to-Book Ratio (MRQ)

INVH

2.08

Residential REITs Industry

Max: 4.49
Q3: 2.83
Median: 2.20
Q1: 1.42
Min: 0.67

INVH’s P/B Ratio of 2.08 is within the conventional range for the Residential REITs industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.

PSA

5.49

Specialized REITs Industry

Max: 11.33
Q3: 5.68
Median: 2.69
Q1: 1.81
Min: 0.71

PSA’s P/B Ratio of 5.49 is within the conventional range for the Specialized REITs industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.

INVH vs. PSA: A comparison of their Price-to-Book Ratio (MRQ) against their respective Residential REITs and Specialized REITs industry benchmarks.

Valuation at a Glance

Symbol	INVH	PSA
Price-to-Earnings Ratio (TTM)	34.31	27.84
Price-to-Sales Ratio (TTM)	6.99	10.62
Price-to-Book Ratio (MRQ)	2.08	5.49
Price-to-Free Cash Flow Ratio (TTM)	305.11	25.66