|IVT Overview
IVT

InvenTrust Properties Corp.

Real Estate • CIK: 0001307748

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Market Cap
$2.19B
P/E (TTM)
19.5x
Rev Growth (TTM)
+9.2%
Net Margin (TTM)
37.2%
FCF Yield (TTM)
7.1%
FCF Margin (TTM)
51.9%

LATEST EARNINGS

Q4 FY2025
23 days ago
View source
Revenue
$77.38M
+8.6%
Net Income
$2.66M
-72.8%
EPS
$0.03
-76.9%
Net
3.4% -10.3%
  • Full year Same Property NOI increased 5.3%, marking the second consecutive year of growth above 5%.
  • Nareit FFO per diluted share for the full year was $1.89, representing 6.2% year-over-year growth.
  • Core FFO per diluted share for the full year was $1.83, an increase from $1.73 in the prior year.
  • The Board of Directors approved a 5% increase to the Company’s dividends starting in April 2026, with a new annual rate of $1.00 per share.

Cash Flow Health

Free Cash Flow8/8 positive
TTM$155M
Q4 '25
$43M-2%
Q3 '25
$44M-10%
FCF Margin
TTM51.9%
Q4 '2555.2%-6%
Sector: 13.8%Top 25%
OCF Margin51.9%
OCF/NI1.39x
CapEx Coverage
FCF Yield7.1%
FCF Growth (2Y)+7%
Cash Conversion Cycle
44 days
DSO: 44+DIO: DPO:

Capital Allocation & Returns

Balanced
Total Shareholder YieldEst.
Est.3.3%
Div Yield3.3%
+
Est. Buyback2.3%

Balancing returns with reinvestment

Dividend & Payout Metrics
Dividend Yield (TTM)3.3%
FCF Payout Ratio46.9%
Free Cash Flow (TTM)$155.4M
Capital Return / FCF46.9%
Est. Dividends Paid (TTM)$72.8M
Estimated: Buyback data estimated from FCF. Actual repurchase data not available for this company.
Shows how management rewards shareholders

Operational Efficiency & Returns

Return on Invested CapitalTTM
P25MedianP75
(med: 0.1%)
DuPont BreakdownROIC = Margin × Turn × (1+D/E)
NOPAT Margin
Asset Turnover
0.11x
8Q: 0.11x
Leverage (1+D/E)
1.46x
D/E: 0.46x
Asset & CapEx Efficiency
Asset-based ROIC formula

QUARTERLY TRENDS

Last 8 quarters + TTM

MetricTTMQ4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024
Revenue
$299.2M
$77.4M3.9%
$74.5M1.2%
$73.6M0.3%
$73.8M3.6%
$71.2M4.0%
$68.5M1.6%
$67.4M0.9%
$66.8M
Operating Income
$60.0M
$-8.5M16.4%
$-7.3M108.7%
$83.5M1182.4%
$-7.7M198.1%
$-2.6M79.8%
$-12.8M39.3%
$-9.2M4.7%
$-8.8M
Net Income
$111.4M
$2.7M55.8%
$6.0M93.7%
$95.9M1312.6%
$6.8M30.7%
$9.8M1918.0%
$-539.0K136.0%
$1.5M48.3%
$2.9M
Operating Cash Flow
$155.4M
$42.7M2.4%
$43.8M10.0%
$48.7M141.2%
$20.2M45.4%
$37.0M3.8%
$38.4M17.6%
$46.7M215.2%
$14.8M
Free Cash Flow
$155.4M
$42.7M2.4%
$43.8M10.0%
$48.7M141.2%
$20.2M45.4%
$37.0M3.8%
$38.4M17.6%
$46.7M215.2%
$14.8M
Total Equity
N/A

Valuation Analysis

Fair Value
Price-to-EarningsTTM
19.5x
Volatile
8Q: 342.0x+39234%
Valuation Lenses
Earnings
19.5x
vs sector
Cash Flow
16.9x
EV/FCF vs
Growth-Adj
0.0xPEG
Undervalued for growth
Quality-Adj
P/E per %ROIC
ROIC: –
Shareholder Returns
Dividend
3.3%
Buyback
Total Yield
3.3%
Market Cap$2.19B
EV$2.63B
Multi-angle valuation analysis with sector context

Business Quality & Moat

Overall Quality Score
61/100
High Quality

Composite score: Returns (40%) + Consistency (30%) + Earnings Quality (30%)

Returns on Capital

Return on Equity (ROE)Above Avg
6.2%
8Q:
Return on Invested Capital (ROIC)
8Q:
vs Sector:0.1%

Earnings Quality

Cash Conversion

1.39x

OCF / Net Income

FCF Consistency

Positive quarters

Competitive Moat Indicators

Pricing Power

Gross Margin

Capital Efficiency

Invested Capital Turnover

Working Capital

Cash Conversion Cycle44 days

Growth Quality & Momentum

Moderate Growth
Growth Quality Score
63/100
Growth 40%
Margins 30%
FCF 20%
Consistency 10%

Growth Rates

Revenue Growth YoY
9.2%
OpInc Growth YoY
-227.8%
EPS Growth YoY
694.4%
FCF 3Y CAGR
7.3%

Margin Quality & Sustainability

Low Quality
Profitability Cascade
Gross
Operating
Net
37.2%
Margins Unknown
Earnings Quality Signals
SBC / Revenue
FCF vs Net Gap
+14.7 pts
FCF: 51.9% | Net: 37.2%

Quality = stability + cash conversion + low dilution

Balance Sheet & Solvency

Adequate
Net Debt / EBITDA
Net Debt: $785.36M
Interest Coverage
Leverage Metrics
Debt-to-Equity
0.46x
Balance sheet risk & solvency analysis