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) Return on invested capital

Alert me on Return on invested capital

American Homes 4 Rent's return on invested capital over the twelve months to 30 June 2026 was 2.37%, up 0.1 percentage points from fiscal 2025 (2.25%). Over the past ten years it has ranged from 0.44% (fiscal 2015) to 2.25% (fiscal 2025) — the current reading is the highest in ten years. That is below the Reit Residential industry median of 2.99% and above the Real Estate sector median of 2.17%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 2.25% 0.29
FY2024 1.96% 0.11
FY2023 1.85% 0.21
FY2022 1.64% 0.01
FY2021 1.63% 0.03
FY2020 1.60% (0.10)
FY2019 1.70% 0.12
FY2018 1.58% 0.16
FY2017 1.42% 0.31
FY2016 1.11% 0.67

Against its own ten years

Low 0.44% High 2.25%
Ten-year median 1.63%
Current reading's percentile 100

Return on invested capital against peers

Company Return on invested capital
ELS Equity Lifestyle Properties, Inc. compare 14.5%
UDR United Dominion Realty Trust, Inc. compare 6.82%
SUI Sun Communities, Inc. compare 3.82%
INVH Invitation Home compare 3.44%
MAA Mid-America Apartment Communities, Inc. compare 3.27%
ESS Essex Property Trust, Inc. compare 2.99%
AMH American Homes 4 Rent 2.37%
CPT Camden Property Trust compare 2.03%
JAN Janus Living, Inc. compare −0.56%
Reit Residential industry median 2.99%
Real Estate sector median 2.17%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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