InvenTrust Properties Corp. (IVT) Key Metrics
IVT valuation today
Trailing 12 months · as of October 17, 2026- Market cap
- $2.34B
- Enterprise value
- $3.39B
- P/E (TTM)
- 158.3 10-yr median 24.6
- Forward P/E
- 250.0
- PEG ratio
- —
- Price / sales
- 7.4 10-yr median 6.7
- Price / book
- 1.3 10-yr median 0.9
- EV / EBITDA
- 17.2 10-yr median 11.7
- Dividend yield
- 3.33% $1.00 a year
- Beta
- 0.86
IVT key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsIVT valuation Price multiples at each fiscal year-end price.
IVT returns How much profit the business earns on the capital it uses.
IVT per-share figures Results divided by the shares outstanding at year-end.
IVT financial health Debt, liquidity and how easily interest is covered.
IVT efficiency & capital use Working capital cycle and where the cash goes.
IVT valuation history
IVT returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
IVT debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
IVT cash returned to shareholders
IVT price vs earnings per share
IVT key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $2.21B | $2.14B | $1.72B | $1.60B | $1.94B | $791.9M | $1.13B | $1.18B | $1.16B | $1.76B |
| Enterprise value | $3.00B | $2.79B | $2.44B | $2.23B | $2.45B | $1.13B | $1.49B | $1.48B | $1.77B | $1.85B |
| P/E ratio | 19.8 | 156.7 | 326.1 | 30.6 | — | — | 29.4 | 14.1 | 18.8 | 7.0 |
| Price / sales | 7.4 | 7.8 | 6.6 | 6.8 | 9.1 | 4.0 | 5.0 | 4.9 | 4.6 | 7.1 |
| Price / book | 1.2 | 1.2 | 1.1 | 1.0 | 1.2 | 0.5 | 0.6 | 0.6 | 0.6 | 0.9 |
| Price / free cash flow | 19.9 | 21.2 | 18.3 | 15.7 | 27.5 | 10.5 | 21.3 | 15.5 | 22.3 | 21.7 |
| Price / operating cash flow | 14.2 | 15.6 | 13.3 | 12.7 | 21.5 | 8.4 | 10.7 | 9.5 | 9.8 | 14.6 |
| EV / sales | 10.0 | 10.2 | 9.4 | 9.4 | 11.6 | 5.7 | 6.6 | 6.1 | 7.0 | 7.4 |
| EV / EBITDA | 10.9 | 16.9 | 15.9 | 13.2 | 25.0 | 10.6 | 8.1 | 9.3 | 12.5 | 10.5 |
| EV / free cash flow | 27.0 | 27.7 | 26.0 | 21.8 | 34.7 | 14.9 | 28.1 | 19.5 | 33.9 | 22.8 |
| Earnings yield | 5.0% | 0.6% | 0.3% | 3.3% | −0.3% | −1.3% | 3.4% | 7.1% | 5.3% | 14.4% |
| Free cash flow yield | 5.0% | 4.7% | 5.5% | 6.4% | 3.6% | 9.5% | 4.7% | 6.4% | 4.5% | 4.6% |
| Dividend yield | 3.3% | 2.9% | 3.3% | 3.5% | 2.9% | 6.8% | 4.7% | 4.6% | 4.6% | 5.6% |
| Shareholder yield (dividends + buybacks) | 3.3% | 3.1% | 3.4% | 8.9% | 8.2% | 7.5% | 6.5% | 12.9% | 4.8% | 19.3% |
| Share price at fiscal year-end | $28.21 | $30.13 | $25.34 | $23.67 | $27.26 | $11.00 | $15.50 | $15.50 | $15.00 | $20.60 |
| Per share | ||||||||||
| Revenue per share | $3.82 | $3.86 | $3.81 | $3.51 | $2.98 | $2.75 | $3.11 | $3.18 | $3.25 | $2.92 |
| Earnings per share | $1.42 | $0.19 | $0.08 | $0.77 | −$0.08 | −$0.14 | $0.53 | $1.10 | $0.80 | $2.96 |
| Operating cash flow per share | $1.98 | $1.93 | $1.91 | $1.86 | $1.27 | $1.31 | $1.45 | $1.64 | $1.53 | $1.41 |
| Free cash flow per share | $1.42 | $1.42 | $1.38 | $1.51 | $0.99 | $1.05 | $0.73 | $1.00 | $0.67 | $0.95 |
| Cash per share | $0.52 | $1.28 | $1.42 | $2.04 | $0.63 | $3.09 | $3.50 | $3.41 | $2.16 | $6.80 |
| Book value per share | $22.90 | $24.78 | $22.92 | $23.75 | $22.11 | $24.15 | $24.95 | $24.31 | $24.60 | $22.81 |
| Tangible book value per share | $20.43 | $22.85 | $21.23 | $22.25 | $20.97 | $22.83 | $23.35 | $22.89 | $23.11 | $21.97 |
| Dividends per share | $0.93 | $0.88 | $0.85 | $0.82 | $0.78 | $0.75 | $0.73 | $0.71 | $0.69 | $1.15 |
| Capex per share | $0.57 | $0.51 | $0.53 | $0.35 | $0.27 | $0.26 | $0.73 | $0.64 | $0.85 | $0.46 |
| Debt per share | $10.54 | $10.43 | $12.01 | $11.39 | $7.82 | $7.74 | $8.44 | $7.38 | $9.96 | $7.85 |
| Shares outstanding | 78.3M | 71.0M | 67.8M | 67.5M | 71.1M | 72.0M | 72.9M | 76.2M | 77.5M | 85.5M |
| Change in shares outstanding | +10.3% | +4.7% | +0.4% | −5.0% | −1.3% | −1.3% | −4.3% | −1.6% | −9.4% | −0.8% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 6.3% | 0.8% | 0.3% | 3.3% | −0.3% | −0.6% | 2.1% | 4.5% | 3.2% | 12.3% |
| Return on invested capital (ROIC) | 1.6% | 1.6% | 0.8% | 0.8% | 0.1% | 0.7% | 1.2% | 1.4% | 0.6% | −0.1% |
| Return on assets (ROA) | 4.1% | 0.5% | 0.2% | 2.2% | −0.2% | −0.4% | 1.5% | 3.2% | 2.3% | 7.2% |
| Return on tangible assets | 4.3% | 0.5% | 0.2% | 2.2% | −0.3% | −0.4% | 1.6% | 3.5% | 2.4% | 9.3% |
| Free cash flow margin | 37.1% | 36.8% | 36.3% | 43.1% | 33.3% | 38.2% | 23.4% | 31.3% | 20.7% | 32.5% |
| Income quality (OCF / net income) | 1.39 | 10.02 | 24.60 | 2.41 | — | — | 2.76 | 1.49 | 1.91 | 0.48 |
| Financial health | ||||||||||
| Total debt | $825.9M | $740.4M | $814.6M | $768.8M | $555.9M | $557.1M | $615.4M | $562.3M | $771.8M | $670.7M |
| Cash & short-term investments | $40.5M | $91.2M | $96.4M | $137.8M | $44.9M | $222.6M | $255.1M | $260.1M | $167.5M | $581.1M |
| Net debt | $785.4M | $649.2M | $718.2M | $631.1M | $511.1M | $334.5M | $360.3M | $302.2M | $604.3M | $89.5M |
| Debt / equity | 0.46 | 0.42 | 0.52 | 0.48 | 0.35 | 0.32 | 0.34 | 0.30 | 0.40 | 0.34 |
| Debt / assets | 0.30 | 0.28 | 0.33 | 0.31 | 0.25 | 0.23 | 0.25 | 0.22 | 0.29 | 0.24 |
| Net debt / EBITDA | 2.86 | 3.94 | 4.68 | 3.75 | 5.21 | 3.16 | 1.96 | 1.89 | 4.28 | 0.51 |
| Current ratio | 1.17 | 1.99 | 2.28 | 3.04 | 1.50 | 6.03 | 6.76 | 6.37 | 4.04 | 12.28 |
| Quick ratio | 1.17 | 1.99 | 2.59 | 3.04 | −0.00 | −0.03 | −0.13 | 6.41 | 4.08 | 12.28 |
| Interest coverage | 1.5 | 1.3 | 0.9 | 1.3 | 0.2 | 1.0 | 1.2 | 1.3 | 0.5 | -0.0 |
| Working capital | $11.2M | $63.4M | $75.9M | $115.7M | $24.9M | $210.8M | $247.9M | $246.1M | $155.9M | $578.7M |
| Invested capital | $2.58B | $2.41B | $2.27B | $2.23B | $2.08B | $2.07B | $2.18B | $2.15B | $2.51B | $2.04B |
| Tangible asset value | $1.60B | $1.62B | $1.44B | $1.50B | $1.49B | $1.64B | $1.70B | $1.74B | $1.79B | $1.88B |
| Net current asset value | −$916.4M | −$748.6M | −$798.2M | −$696.8M | −$566.0M | −$415.7M | −$396.6M | −$391.8M | −$585.7M | −$207.3M |
| Graham number | $27.07 | $10.36 | $6.33 | $20.33 | — | — | $17.19 | $24.53 | $21.01 | $38.96 |
| Graham net-net per share | −$11.82 | −$10.67 | −$12.08 | −$10.45 | −$7.54 | −$4.13 | −$3.59 | −$5.30 | −$7.79 | −$2.74 |
| Capital allocation | ||||||||||
| Dividends paid | $72.8M | $62.8M | $57.5M | $55.3M | $55.6M | $54.2M | $53.2M | $54.2M | $53.4M | $98.6M |
| Share buybacks (net) | $0 | $2.6M | $1.6M | $86.7M | $103.3M | $5.2M | $20.4M | $98.4M | $2.2M | $241.0M |
| Dividend payout ratio | 65.4% | 459.7% | — | 105.9% | — | — | 138.7% | 64.6% | 86.3% | 39.0% |
| Dividends + buybacks / free cash flow | 65.7% | 64.9% | 62.9% | 139.1% | 225.3% | 78.7% | 138.9% | 200.8% | 106.8% | 418.1% |
| Capex / revenue | 14.9% | 13.2% | 13.8% | 10.0% | 9.2% | 9.4% | 23.4% | 20.0% | 26.3% | 15.7% |
| Capex / operating cash flow | 28.6% | 26.4% | 27.6% | 18.9% | 21.6% | 19.8% | 50.0% | 39.0% | 56.0% | 32.6% |
| Capex / depreciation | 0.35 | 0.32 | 0.32 | 0.27 | 0.23 | 0.23 | 0.58 | 0.51 | 0.72 | 0.35 |
| Stock-based compensation / revenue | 3.6% | 3.6% | 3.5% | 2.8% | 4.3% | 2.2% | 2.4% | 1.8% | 1.3% | 0.9% |
| R&D / revenue | — | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| SG&A / revenue | 11.7% | 12.1% | 12.3% | 14.1% | 18.0% | 16.8% | 15.6% | 14.5% | 18.4% | 21.6% |
| Efficiency | ||||||||||
| Days sales outstanding | 44.9 | 47.6 | 49.3 | 49.8 | 50.8 | 54.6 | 46.2 | 43.3 | 43.1 | 43.3 |
| Days of inventory on hand | — | — | -42.8 | 187.0 | 936.8 | 1,710.1 | 813.5 | -8.6 | -4.5 | 0.0 |
| Days payables outstanding | 50.6 | 208.0 | 205.4 | 197.1 | 183.6 | 180.4 | 172.6 | 183.9 | 205.5 | 224.1 |
| Cash conversion cycle (days) | -5.7 | -160.4 | -198.9 | 39.8 | 804.0 | 1,584.2 | 687.1 | -149.2 | -167.0 | -180.8 |
| Receivables turnover | 8.13 | 7.67 | 7.40 | 7.33 | 7.18 | 6.69 | 7.91 | 8.42 | 8.47 | 8.44 |
| Payables turnover | 7.21 | 1.76 | 1.78 | 1.85 | 1.99 | 2.02 | 2.11 | 1.98 | 1.78 | 1.63 |
| Inventory turnover | — | — | — | — | 0.39 | 0.21 | 0.45 | — | — | 69,591,000.00 |
| Asset turnover | 0.11 | 0.11 | 0.10 | 0.10 | 0.09 | 0.08 | 0.09 | 0.09 | 0.09 | 0.07 |
| Average receivables | $36.8M | $35.7M | $34.9M | $32.3M | $29.5M | $29.6M | $28.6M | $28.8M | $29.7M | $29.6M |
| Average payables | $47.4M | $45.5M | $43.7M | $39.5M | $32.2M | $29.0M | $31.3M | $35.3M | $38.0M | $42.7M |
| Average inventory | — | — | −$9.1M | $37.5M | $164.5M | $275.3M | $147.5M | −$1.7M | −$834,999 | $1 |
| Intangibles / total assets | 7.0% | 5.2% | 4.6% | 4.1% | 3.7% | 4.0% | 4.6% | 4.3% | 4.3% | 2.6% |
Computed from IVT's annual financial statements (latest annual report filed February 12, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
IVT valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), InvenTrust Properties traded at 19.8 times earnings, against a 10-year median of 24.6. Based on the latest twelve months, the trailing P/E is 158.3 and the forward P/E is 250.0. InvenTrust Properties earned a return on equity of 6.3% and a return on invested capital of 1.6% in fiscal 2025. It ended the year with $825.9 million of debt and $40.5 million in cash and short-term investments, net debt of $785.4 million. It returned $72.8 million to shareholders: $72.8 million in dividends and $0 in share buybacks, 66% of free cash flow. The share count fell 8.3% from 85.5M to 78.3M over 9 years.
See the IVT income statement, the IVT chart for price history, or the IVT stock overview for the latest quote and news.
IVT key metrics FAQ
What is InvenTrust Properties's P/E ratio?
InvenTrust Properties's trailing P/E ratio is 158.3 based on the last twelve months of earnings (as of October 17, 2026), and its forward P/E is 250.0. At the end of fiscal 2025 it was 19.8, compared with a 10-year median of 24.6.
What is InvenTrust Properties's EV/EBITDA?
InvenTrust Properties's enterprise value was 10.9 times EBITDA at the end of fiscal 2025 (enterprise value $3.0 billion, EBITDA $274.4 million); the current EV/EBITDA is 17.2.
What is InvenTrust Properties's return on equity?
InvenTrust Properties's return on equity (ROE) was 6.3% in fiscal 2025: net income of $111.4 million on average shareholders' equity of $1.8 billion.
What is InvenTrust Properties's ROIC?
InvenTrust Properties's return on invested capital was 1.6% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does InvenTrust Properties have?
InvenTrust Properties had total debt of $825.9 million at the end of fiscal 2025, a debt-to-equity ratio of 0.46 and $785.4 million of net debt (2.86 times EBITDA).
What is InvenTrust Properties's dividend yield?
InvenTrust Properties's forward dividend yield is 3.33%. InvenTrust Properties paid $72.8 million in dividends in fiscal 2025 ($0.93 per share), a payout ratio of 65.4%.
What is InvenTrust Properties's free cash flow yield?
InvenTrust Properties generated $110.9 million of free cash flow in fiscal 2025, a free cash flow yield of 5.0% on its market value at year-end ($2.2 billion).
What is InvenTrust Properties's current ratio?
InvenTrust Properties's current ratio was 1.17 at the end of fiscal 2025: current assets were 1.17 times current liabilities.