Get started

Financials · AMH

American Homes 4 Rent (AMH) financials

For the twelve months ended Sep 30, 2026, American Homes 4 Rent reported $1.90B of revenue and $487.89M of net income.

Revenue, TTM
$1.90B
Revenue growth, YoY
+3.5%
Net income, TTM
$487.89M
Net income growth, YoY
+2.7%
Net margin
25.7%
EPS, diluted, TTM
$1.22
EPS growth, YoY
+3.4%
Cash
$70.99M
Total debt
$5.16B
P/E
24.02
P/S
6.18
Market cap
$11.72B
Annual revenue$1.85B
FY2016FY2025
Annual net income$439.03M
FY2016FY2025

AMH revenue and earnings growth

AMH revenueQ3 2026$498.07M

Quarter YoY
+4.1%
QoQ
+5.9%
FY YoY
+7.0%
5Y CAGR
+9.6%
10Y CAGR
+11.4%

AMH revenue was $498.07M in fiscal Q3 2026 (ended Sep 30, 2026), up 4.1% from a year earlier and up 5.9% from the prior quarter. For the full fiscal 2025 it was $1.85B, up 7.0% from fiscal 2024. Compound annual growth was +9.6% over 5 years and +11.4% over 10 years. It rose in each of the last 10 fiscal years. Fiscal 2025 is the highest of the 14 fiscal years on file.

AMH net incomeQ3 2026$82.31M

Quarter YoY
-17.4%
QoQ
-38.1%
FY YoY
+10.2%
5Y CAGR
+38.8%

AMH net income was $82.31M in fiscal Q3 2026 (ended Sep 30, 2026), down 17.4% from a year earlier and down 38.1% from the prior quarter. For the full fiscal 2025 it was $439.03M, up 10.2% from fiscal 2024. Compound annual growth was +38.8% over 5 years. It rose in 6 of the last 7 fiscal years. Fiscal 2025 is the highest of the 14 fiscal years on file.

AMH EPSQ3 2026$0.23

Quarter YoY
-14.8%
QoQ
-25.8%
FY YoY
+9.3%
5Y CAGR
+33.3%

AMH diluted EPS was $0.23 in fiscal Q3 2026 (ended Sep 30, 2026), down 14.8% from a year earlier and down 25.8% from the prior quarter. For the full fiscal 2025 it was $1.18, up 9.3% from fiscal 2024. Compound annual growth was +33.3% over 5 years.

Export CSV

Income statement

Income statement
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue$1.85B$1.73B$1.62B$1.49B$1.30B$1.17B$1.14B$1.07B$960.40M$878.89M
Selling, general and admin$83.01M$83.59M$74.61M$68.06M$56.44M$48.52M$43.21M$36.58M$34.73M$33.07M
Interest expense$185.20M$165.35M$140.20M$134.87M$114.89M$117.04M$127.11M$122.90M$112.62M$130.85M
Net income$439.03M$398.48M$366.22M$250.78M$135.29M$85.25M$85.91M$23.47M-$22.14M-$33.54M
EPS, basic$1.18$1.08$1.01$0.72$0.42$0.28$0.29$0.08-$0.08-$0.14
EPS, diluted$1.18$1.08$1.01$0.71$0.41$0.28$0.29$0.08-$0.08-$0.14
Diluted shares370.9M368.0M362.5M349.8M325.5M307.1M299.9M294.3M264.3M234.0M

Balance sheet

Balance sheet
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Cash and equivalents$108.52M$199.41M$59.38M$217.96M$191.77M$265.08M$164.12M$175.21M$182.82M$250.24M
Goodwill$120.28M$120.28M$120.28M$120.28M$120.28M$120.28M$120.28M$120.28M$120.28M$120.28M
Total assets$13.24B$13.38B$12.69B$12.18B$10.96B$9.59B$9.10B$9.00B$8.61B$8.11B
Long-term debt--------$111.70M$108.10M
Total debt$5.10B$5.01B$4.46B$4.52B$3.88B$2.82B$2.83B$2.80B$111.70M$108.10M
Total liabilities$5.53B$5.53B$5.04B$5.00B$4.22B$3.12B$3.08B$3.03B$2.73B$3.17B
Shareholders' equity$7.03B$7.85B$7.65B$7.17B$6.74B$6.47B$6.02B$5.97B$5.88B$4.94B

Cash flow

Cash flow
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Operating cash flow$864.33M$811.53M$738.69M$665.52M$595.20M$474.10M$457.89M$410.88M$385.96M$278.87M
Investing cash flow-$328.17M-$825.88M-$692.58M-$1.43B-$1.73B-$642.92M-$376.87M-$674.41M-$837.48M-$522.40M
Financing cash flow-$655.69M$142.70M-$42.21M$786.18M$1.06B$269.78M-$92.12M$255.92M$384.10M$324.80M
Dividends paid$446.29M$383.54M$319.50M$252.51M$146.24M$61.07M$59.83M$58.37M$38.90M$48.17M
Share repurchases-----$0$0$34.97M$0$96.10M
Stock-based compensation$25.82M$30.98M$25.37M$27.31M$17.79M$9.83M$4.81M$3.43M$4.21M$3.64M
Depreciation and amortization$504.34M$477.01M$456.55M$426.53M$372.85M$343.15M$329.29M$318.69M$297.29M$298.68M

Key ratios

Key ratios
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue growth, YoY7.0%6.5%8.9%14.3%11.2%2.5%6.6%11.7%9.3%39.4%
Net income growth, YoY10.2%8.8%46.0%85.4%58.7%-0.8%266.0%---
EPS growth, YoY9.3%6.9%42.3%73.2%46.4%-3.4%262.5%---
Net margin23.7%23.1%22.6%16.8%10.4%7.3%7.5%2.2%-2.3%-3.8%
Return on equity6.2%5.1%4.8%3.5%2.0%1.3%1.4%0.4%-0.4%-0.7%
Return on assets3.3%3.0%2.9%2.1%1.2%0.9%0.9%0.3%-0.3%-0.4%
Debt to equity0.720.640.580.630.580.440.470.470.020.02

Source: XBRL data American Homes 4 Rent files with the SEC, latest filing dated Nov 5, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

AMH peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
AMH$1.90B+3.5%$487.89M25.7%$11.72B
WELL$13.79B+39.2%$1.67B12.1%$181.69B
PLD$8.95B+6.7%$3.71B41.5%$123.66B
EQIX$10.06B+11.1%$1.65B16.4%$103.94B
AMT$11.01B+5.3%$3.31B30.1%$88.29B
SPG$7.15B+16.2%$4.51B63.0%$75.61B
DLR$6.34B+12.6%$1.38B21.7%$68.43B
PSA$5.03B+5.2%$1.90B37.8%$62.77B
O$6.21B+10.8%$1.36B21.8%$56.62B

AMH FAQ

7 questions
  • What is AMH revenue?
    American Homes 4 Rent (AMH) reported $1.90B of revenue for the twelve months ended Sep 30, 2026. That is up 3.5% from the year before. Revenue for fiscal 2025 was $1.85B.
  • Is AMH profitable?
    Yes. American Homes 4 Rent earned $487.89M in net income for the twelve months ended Sep 30, 2026, a net margin of 25.7%.
  • How much cash and debt does AMH have?
    American Homes 4 Rent reported $70.99M in cash and cash equivalents and $5.16B of debt on its most recent balance sheet in SEC filings.
  • How fast is AMH revenue growing?
    American Homes 4 Rent's revenue changed +7.0% in fiscal 2025, to $1.85B. Its compound annual growth rate was +9.6% over 5 years and +11.4% over 10 years.
  • What is AMH earnings per share?
    Diluted earnings per share were $1.22 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did AMH last report financial results?
    The latest statements here come from American Homes 4 Rent's 10-Q filed on Nov 5, 2026, covering the period ended Sep 30, 2026.
  • Where does this AMH financial data come from?
    Quantisnow builds these statements from the structured XBRL data American Homes 4 Rent files with the SEC. It is provided for information only and is not investment advice.