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
$11.3B
P/E
25.1×
Fwd P/E
32.4×
Dividend yield
4.08%
F-score
7/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

American Homes 4 Rent (AMH) Gross margin

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American Homes 4 Rent's gross margin over the twelve months to 30 June 2026 was 57.3%, up 0.5 percentage points from fiscal 2025 (56.8%). Over the past ten years it has ranged from 53.5% (fiscal 2015) to 56.8% (fiscal 2025) — the current reading is the highest in ten years. That is in line with the Reit Residential industry median of 58.2% and below the Real Estate sector median of 64.7%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 56.8% 0.52
FY2024 56.3% 0.83
FY2023 55.5% 0.08
FY2022 55.4% 0.42
FY2021 55.0% 1.05
FY2020 53.9% (0.07)
FY2019 54.0% (0.56)
FY2018 54.6% (1.21)
FY2017 55.8% (0.08)
FY2016 55.9% 2.37

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 58.4% 1.14
Mar 2026 57.2% (1.57)
Dec 2025 58.8% 3.71
Sep 2025 55.1% (2.42)
42 more quarters

Against its own ten years

Low 53.5% High 56.8%
Ten-year median 55.4%
Current reading's percentile 93

Gross margin against peers

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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