Saturday 17 October 2026
Export AMH’s income statement to Excel — free account
American Homes 4 Rent
AMH Real Estate Reit Residential
American Homes 4 Rent’s revenue for fiscal 2025 (year ended December 2025) was $1.9 billion, up 7.03% from fiscal 2024. In the quarter to June 2026, revenue grew 2.75%, EPS grew 10.7%, free cash flow grew 24.8% and total debt was flat, each against the same quarter a year earlier. Dividend growth for ten consecutive years, revenue growth for ten, operating cash flow growth for ten; insiders bought in the last twelve months.
31.28
0.31
+1.00%
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| Dec '16 | Dec '17 | Dec '18 | Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | Dec '24 | Dec '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
0.00 | 0.00 | 248.13 | 90.38 | 107.14 | 106.37 | 41.92 | 36.18 | 34.65 | 27.20 |
Piotroski F-Score |
6 | 4 | 5 | 6 | 6 | 6 | 6 | 7 | 7 | 7 |
P/S ratio |
5.53 | 5.91 | 5.43 | 6.93 | 7.85 | 10.84 | 6.97 | 8.15 | 7.95 | 6.43 |
P/FCF ratio |
65.25 | 0.00 | 0.00 | 30.21 | 27.99 | 0.00 | 40.26 | 12.46 | 17.91 | 8.79 |
P/Operating CF |
203.57 | 155.22 | 169.35 | 209.43 | 197.01 | 145.77 | 151.24 | 114.72 | 134.56 | 81.58 |
P/B ratio |
0.98 | 0.97 | 0.98 | 1.30 | 1.42 | 2.10 | 1.45 | 1.73 | 1.75 | 1.54 |
Price to Tangible BV |
1.01 | 0.99 | 1.00 | 1.33 | 1.45 | 2.14 | 1.47 | 1.76 | 1.78 | 1.57 |
EV/Sales |
8.57 | 8.30 | 7.88 | 9.29 | 10.02 | 13.67 | 9.86 | 10.76 | 10.65 | 9.06 |
EV/EBITDA |
16.77 | 16.10 | 15.47 | 18.37 | 20.19 | 27.29 | 19.86 | 21.26 | 20.91 | 17.35 |
EV/Operating CF |
27.02 | 20.65 | 20.58 | 22.97 | 24.79 | 29.95 | 22.08 | 23.65 | 22.69 | 19.39 |
EV/FCF |
101.11 | (19.72) | (279.97) | 40.48 | 35.76 | (64.34) | 56.91 | 16.45 | 23.98 | 12.39 |
Quick Ratio |
1.51 | 0.96 | 0.93 | 0.80 | 1.03 | 0.68 | 0.55 | 0.46 | 0.76 | 0.63 |
Current Ratio |
1.51 | 0.96 | 0.93 | 0.80 | 1.03 | 0.68 | 0.55 | 0.46 | 0.76 | 0.63 |
Net Debt/EBITDA |
5.95 | 4.63 | 4.81 | 4.66 | 4.39 | 5.65 | 5.81 | 5.16 | 5.29 | 5.04 |
Debt/Assets |
36.05% | 28.76% | 31.15% | 31.14% | 29.37% | 35.40% | 37.09% | 35.16% | 37.45% | 38.48% |
Debt/Equity |
0.59 | 0.42 | 0.47 | 0.47 | 0.44 | 0.58 | 0.63 | 0.58 | 0.64 | 0.66 |
Asset Turnover |
0.12 | 0.11 | 0.12 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.14 |
Operating CF/Net income |
(8.31) | (17.44) | 17.51 | 5.33 | 5.56 | 4.40 | 2.65 | 2.02 | 2.04 | 1.97 |
Capex/Depreciation |
(0.65) | (2.56) | (1.34) | (0.59) | (0.42) | (2.29) | (0.93) | 0.69 | (0.09) | 0.95 |
Interest Coverage |
1.04 | 1.65 | 1.77 | 1.85 | 1.98 | 2.37 | 2.24 | 2.52 | 2.37 | 2.44 |
| (0.76%) | (0.41%) | 0.40% | 1.43% | 1.36% | 2.05% | 3.61% | 4.94% | 5.14% | 5.64% | |
| (0.45%) | (0.26%) | 0.27% | 0.95% | 0.91% | 1.32% | 2.17% | 2.95% | 3.06% | 3.30% | |
ROIC |
1.11% | 1.42% | 1.58% | 1.70% | 1.60% | 1.63% | 1.64% | 1.85% | 1.96% | 2.25% |
Return on Tangible Assets |
(0.44%) | (0.27%) | 0.28% | 1.01% | 0.96% | 1.33% | 2.26% | 3.20% | 3.25% | 3.57% |
Average Days of Receivables |
7.32 | 11.46 | 9.88 | 9.55 | 12.93 | 11.64 | 11.69 | 9.63 | 10.23 | 8.51 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
3.76% | 3.62% | 3.41% | 3.82% | 4.14% | 4.33% | 4.57% | 4.60% | 4.84% | 4.49% |
Intangible Assets out of Total Assets |
0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
Share Based Compensation of Revenue |
0.41% | 0.44% | 0.32% | 0.42% | 0.84% | 1.36% | 1.83% | 1.56% | 1.79% | 1.40% |
Graham Net Nets |
(0.60) | (0.44) | (0.48) | (0.37) | (0.31) | (0.28) | (0.46) | (0.36) | (0.37) | (0.44) |
Graham Number |
0.00 | 0.00 | 6.05 | 11.45 | 11.53 | 13.85 | 18.11 | 21.92 | 22.78 | 23.50 |
Earnings Yield |
(0.67%) | (0.37%) | 0.40% | 1.11% | 0.93% | 0.94% | 2.39% | 2.76% | 2.89% | 3.68% |
Free Cash Flow Yield |
1.53% | (7.12%) | (0.52%) | 3.31% | 3.57% | (1.96%) | 2.48% | 8.03% | 5.58% | 11.38% |
Revenue per Share |
3.76 | 3.63 | 3.65 | 3.78 | 3.82 | 4.02 | 4.27 | 4.48 | 4.70 | 4.99 |
Operating CF per Share |
1.19 | 1.46 | 1.40 | 1.53 | 1.55 | 1.84 | 1.91 | 2.04 | 2.21 | 2.33 |
Capex per Share |
(0.87) | (2.99) | (1.50) | (0.66) | (0.47) | (2.69) | (1.17) | 0.89 | (0.12) | 1.32 |
Free Cash Flow per Share |
0.32 | (1.53) | (0.10) | 0.87 | 1.07 | (0.85) | 0.74 | 2.93 | 2.09 | 3.65 |
Cash per Share |
1.07 | 0.69 | 0.60 | 0.55 | 0.86 | 0.59 | 0.62 | 0.61 | 0.95 | 0.62 |
Shareholders Equity per Share |
21.10 | 22.24 | 20.34 | 20.10 | 21.11 | 20.78 | 20.54 | 21.14 | 21.36 | 20.81 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
21.10 | 22.24 | 20.34 | 20.10 | 21.11 | 20.78 | 20.54 | 21.14 | 21.36 | 20.81 |
Free Cash Flow |
74.52 | (404.23) | (30.21) | 259.80 | 328.57 | (277.10) | 258.17 | 1,061.89 | 767.59 | 1,353.10 |
Working Capital |
90.65 | (9.90) | (14.99) | (49.46) | 7.67 | (110.17) | (218.69) | (308.98) | (123.09) | (163.07) |
Capital Expenditures |
(204.34) | (790.19) | (441.09) | (198.09) | (145.53) | (872.30) | (407.35) | 323.20 | (43.94) | 488.77 |
Net Current Asset Value |
(2,901.73) | (2,519.98) | (2,823.50) | (2,887.58) | (2,814.57) | (3,990.65) | (4,734.69) | (4,770.62) | (5,133.85) | (5,258.80) |
EV/EBIT |
55.53 | 42.86 | 38.86 | 44.63 | 50.78 | 65.60 | 48.72 | 49.53 | 46.99 | 37.09 |
Capex to Sales |
0.23 | 0.82 | 0.41 | 0.18 | 0.12 | 0.67 | 0.27 | (0.20) | 0.03 | (0.26) |
Price to Operating Income |
35.84 | 30.53 | 26.78 | 33.30 | 39.75 | 52.03 | 34.47 | 37.51 | 35.09 | 26.32 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 |
Cash ROIC |
0.92% | (4.74%) | (0.34%) | 2.88% | 3.44% | (2.56%) | 2.17% | 8.61% | 5.81% | 10.38% |
Accounts Receivable Turnover |
55.71 | 40.22 | 36.26 | 38.61 | 32.95 | 31.37 | 33.37 | 35.85 | 37.88 | 40.41 |
Accounts Payable Turnover |
2.34 | 2.12 | 2.21 | 2.25 | 1.99 | 1.83 | 1.61 | 1.37 | 1.38 | 1.67 |
Inventory Turnover |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Days of Payables |
166.69 | 191.50 | 164.15 | 170.45 | 202.01 | 213.58 | 265.96 | 289.68 | 252.17 | 199.64 |
Days of Inventory on Hand |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Receivables |
15.78 | 23.88 | 29.59 | 29.32 | 35.58 | 41.57 | 44.67 | 45.29 | 45.64 | 45.79 |
Average Payables |
165.98 | 200.04 | 221.05 | 231.21 | 271.07 | 321.24 | 413.96 | 529.03 | 547.71 | 479.32 |
Average Assets |
7,429.21 | 8,357.99 | 8,805.12 | 9,050.80 | 9,346.87 | 10,278.03 | 11,568.75 | 12,431.63 | 13,034.67 | 13,311.64 |
Average Common Equity |
4,436.16 | 5,406.35 | 5,924.41 | 5,995.91 | 6,245.26 | 6,605.18 | 6,956.42 | 7,413.68 | 7,750.66 | 7,778.98 |
Columns are period end dates