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.

Revenue
+2.75%
EPS
+10.7%
Free cash flow
+24.8%
Total debt
−0.55%

Quarter to June 2026, against a year earlier

32.71 1.19 +3.78%
Market cap
$11.7B
P/E
26.0×
Fwd P/E
32.4×
Dividend yield
3.94%
F-score
7/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

American Homes 4 Rent (AMH) Free cash flow margin

Alert me on Free cash flow margin

American Homes 4 Rent's free cash flow margin over the twelve months to 30 June 2026 was 79.7%, up 6.6 percentage points from fiscal 2025 (73.1%). Over the past ten years it has ranged from −67.2% (fiscal 2015) to 73.1% (fiscal 2025) — the current reading is the highest in ten years. That is above the Reit Residential industry median of 29.9% and above the Real Estate sector median of 9.33%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 73.1% 28.73
FY2024 44.4% (21.00)
FY2023 65.4% 48.08
FY2022 17.3% 38.57
FY2021 −21.3% (49.27)
FY2020 28.0% 5.07
FY2019 23.0% 25.77
FY2018 −2.82% 39.27
FY2017 −42.1% (50.57)
FY2016 8.48% 75.72

Against its own ten years

Low −67.2% High 73.1%
Ten-year median 17.3%
Current reading's percentile 100

Free cash flow margin against peers

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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