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
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American Homes 4 Rent (AMH) 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 | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| UDR United Dominion Realty Trust, Inc. compare | 52.2% |
| ELS Equity Lifestyle Properties, Inc. compare | 34.6% |
| ESS Essex Property Trust, Inc. compare | 29.5% |
| MAA Mid-America Apartment Communities, Inc. compare | 26.3% |
| AMH American Homes 4 Rent | 25.0% |
| INVH Invitation Home compare | 24.3% |
| SUI Sun Communities, Inc. compare | 21.7% |
| CPT Camden Property Trust compare | 17.9% |
| JAN Janus Living, Inc. compare | −2.59% |
| Reit Residential industry median | 21.7% |
| Real Estate sector median | 18.4% |
| Market median | 0.00% |
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
More on AMH
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement