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) Operating margin

Alert me on Operating margin

American Homes 4 Rent's operating margin over the twelve months to 30 June 2026 was 25.0%, up 0.6 percentage points from fiscal 2025 (24.4%). Over the past ten years it has ranged from 7.01% (fiscal 2015) to 24.4% (fiscal 2025) — the current reading is the highest in ten years. That is above the Reit Residential industry median of 21.7% and above the Real Estate sector median of 18.4%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 24.4% 1.75
FY2024 22.7% 0.95
FY2023 21.7% 1.49
FY2022 20.2% (0.61)
FY2021 20.8% 1.11
FY2020 19.7% (1.08)
FY2019 20.8% 0.53
FY2018 20.3% 0.91
FY2017 19.4% 3.93
FY2016 15.4% 8.43

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 25.9% 0.86
Mar 2026 25.1% (0.41)
Dec 2025 25.5% 1.92
Sep 2025 23.6% (1.24)
42 more quarters

Against its own ten years

Low 7.01% High 24.4%
Ten-year median 20.3%
Current reading's percentile 100

Operating margin against peers

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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