CoverageForm 410-K10-Q8-K13D13G13F

AMH · American Homes 4 Rent - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · AMH

Income Statement

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Revenue-----$1.18B
Cost of Revenue------
Gross Profit------
R&D------
SG&A$83.01M$83.59M$74.61M$68.06M$56.44M$48.52M
Total Operating Expenses$1.50B$1.50B$1.41B$1.32B$1.15B$1.07B
D&A$504.34M$477.01M$456.55M$426.53M$372.85M$343.15M
Operating Income------
Interest Expense$185.20M$165.35M$140.20M$134.87M$114.89M$117.04M
Income Tax------
Net Income$439.03M$398.48M$366.22M$250.78M$135.29M$85.25M
EPS - Basic$1.18$1.08$1.01$0.72$0.42$0.28
EPS - Diluted$1.18$1.08$1.01$0.71$0.41$0.28

Balance Sheet

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Cash & Equivalents$108.52M$199.41M$59.38M$69.16M$48.20M$137.06M
Accounts Receivable------
Inventory------
Accounts Payable------
Current Assets------
Total Assets$13.24B$13.38B$12.69B$12.18B$10.96B$9.59B
Current Liabilities------
Long-term Debt$5.10B$5.01B$4.46B$4.52B$3.88B$2.82B
Total Liabilities$5.53B$5.53B$5.04B$5.00B$4.22B$3.12B
Stockholders' Equity$7.03B$7.16B$6.97B$6.50B$6.06B$5.79B
Retained Earnings($387.64M)($380.63M)($394.91M)($440.79M)($438.71M)($443.52M)

Cash Flow

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Operating Cash Flow$864.33M$811.53M$738.69M$665.52M$595.20M$474.10M
Investing Cash Flow($328.17M)($825.88M)($692.58M)($1.43B)($1.73B)($642.92M)
Financing Cash Flow($655.69M)$142.70M($42.21M)$786.18M$1.06B$269.78M
CapEx------
Free Cash Flow------

Ratios

MetricFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Profitability
Gross margin------
Operating margin------
EBITDA margin------
Net margin-----7.2%
Free cash flow margin------
FCF / Net income------
R&D / Revenue------
SG&A / Revenue-----4.1%
Effective tax rate------
Return on assets3.3%3.0%2.9%2.1%1.2%0.9%
Return on equity6.2%5.6%5.3%3.9%2.2%1.5%
Return on invested capital------
Liquidity
Current ratio------
Quick ratio------
Cash ratio------
Leverage
Debt / Equity0.720.700.640.700.640.49
Debt / Assets0.380.370.350.370.350.29
Debt / EBITDA------
Interest coverage------
Equity multiplier1.881.871.821.871.811.66
Liabilities / Assets0.420.410.400.410.390.33
Efficiency
Asset turnover-----0.12
Inventory turnover------
Days sales outstanding------
Days inventory outstanding------
Days payable outstanding------
Cash conversion cycle------
Valuation
P / E27.2x34.6x35.6x42.5x106.4x107.1x
P / B1.7x1.9x1.9x1.6x2.3x1.6x
P / S-----7.8x
EV / EBITDA------
Growth
Revenue growth (YoY)-----23.2%
Revenue CAGR (3y)------
Revenue CAGR (5y)------
Gross profit growth (YoY)------
Operating income growth (YoY)------
Net income growth (YoY)10.2%8.8%46.0%85.4%58.7%-0.8%
EPS growth (YoY)9.3%6.9%42.3%73.2%46.4%-3.4%
EPS CAGR (3y)18.5%38.1%53.4%34.8%--
EPS CAGR (5y)33.3%30.1%----
FCF growth (YoY)------
FCF CAGR (5y)------
Book value growth (YoY)-1.8%2.8%7.3%7.2%4.7%8.5%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2021-12-31.

Product / service

$10.30M total
Management Service$10.30M · 100.0%

Stability scores

Piotroski F-score

FY 2025 · 9-point quality

5/9
Neutral
  • Net income positive
  • Operating cash flow positive
  • ROA improved YoY
  • Cash flow > net income
  • Long-term debt decreased
  • -Current ratio improved
  • No share dilution
  • -Gross margin improved
  • -Asset turnover improved

Peer comparison

Same SIC group: Real Estate Investment Trusts

CompanyRevenue (last FY)Net marginROE
UMH$261.75M2.3%0.7%
ARE---9.2%
VTR$5.83B4.3%2.0%
SPG$6.36B72.7%88.8%
NYSE: KRC$1.11B0.0%0.0%

Comparing American Homes 4 Rent against the 5 most active filers in the same SIC group.

Dividends

$1.23/share trailing 12 months · +13.9% YoY

Ex-datePer share
Mar 13, 2026$0.3300
Dec 15, 2025$0.3000
Sep 15, 2025$0.3000
Jun 13, 2025$0.3000
Mar 14, 2025$0.3000
Dec 13, 2024$0.2600
Sep 13, 2024$0.2600
Jun 14, 2024$0.2600
Mar 14, 2024$0.2600
Dec 14, 2023$0.2200
Sep 14, 2023$0.2200
Jun 14, 2023$0.2200
Mar 14, 2023$0.2200
Dec 14, 2022$0.1800
Sep 14, 2022$0.1800
Jun 14, 2022$0.1800
Mar 14, 2022$0.1800
Dec 14, 2021$0.1000
Sep 14, 2021$0.1000
Jun 14, 2021$0.1000
Mar 12, 2021$0.1000
Dec 31, 2020$0.0500
Sep 14, 2020$0.0500
Jun 12, 2020$0.0500