American Homes 4 Rent

American Homes 4 Rent

AMH · NYSE · Real Estate / REIT - Residential

32.42USD+0.14 (+0.43%)

Price History

Full chart

Market Stats

Previous Close32.28
Open32.50
Day Range32.32 – 32.62
52-Week Range26.67 – 34.70
Volume1.74M
Market Cap12.57B
P/E (TTM)24.54
Forward P/E200.00
EPS1.25
Dividend Yield4.27%
Beta0.80
50-Day Avg33.20
200-Day Avg31.68

About

American Homes 4 Rent is a leading large-scale integrated owner, operator and developer of single-family rental homes. We're an internally managed Maryland real estate investment trust (REIT) focused on developing, renovating, leasing and managing homes as rental properties. As of June 30, 2026, we owned over 61,000 single-family properties in the Southeast, Midwest, Southwest and Mountain West regions of the United States. American Homes 4 Rent was established on October 19, 2012 and incorporated in Maryland and is based in Las Vegas, United States.

Company Details

  • SectorReal Estate
  • IndustryREIT - Residential
  • CEOMr. Bryan Smith
  • Employees1.60K
  • Headquarters280 Pilot Road, Las Vegas, NV, United States, 89119-4012, USA
  • Websitehttps://www.amh.com

Leadership

  • Mr. Bryan SmithCEO & Trustee · b. 1974
  • Mr. Christopher C. LauCFO & Senior EVP · b. 1982
  • Ms. Sara H. Vogt-LowellChief Legal & Administrative Officer and Secretary · b. 1975
  • Lincoln PalmerExecutive VP & Chief Operating Officer
  • Mr. Zackory JohnsonExecutive VP & Chief Investment Officer
  • Mr. Brian F. ReitzExecutive Vice President & Chief Accounting Officer · b. 1981
  • Mr. Philip IrbyExecutive VP & Chief Technology Officer
  • Nicholas FrommDirector of Investor Relations
  • Ms. Lisa PhelpsExecutive VP & Chief Human Resources Officer
  • Mr. Raymond F. HuningExecutive Vice President of Corporate Tax

Financials

Income Statement

Currency: USD2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue65.00K4.54M139.03M398.87M630.58M878.89M960.40M1.07B1.13B1.17B1.30B1.49B1.62B1.73B1.87B
Growth (%)-+6884.62%+2962.38%+186.89%+58.09%+39.38%+9.27%+11.71%+5.53%+3.57%+11.20%+14.32%+8.93%+6.47%+7.95%
Cost of Revenue60.00K4.46M78.55M207.20M310.30M393.68M429.41M492.70M523.99M549.46M602.82M688.24M739.73M767.40M1.80B
Gross Profit5.00K81.00K60.48M191.67M320.28M485.21M530.99M580.15M608.15M623.06M701.06M802.29M883.87M961.30M62.81M
Gross Margin7.69%1.78%43.50%48.05%50.79%55.21%55.29%54.08%53.72%53.14%53.77%53.83%54.44%55.61%3.37%
Operating Expense47.00K10.32M87.26M24.53M26.87M33.07M34.73M36.58M43.21M48.52M56.44M70.76M77.61M86.99M-389.05M
Operating Income-42.00K-10.24M-26.78M167.14M293.41M452.14M496.26M543.58M564.95M574.54M644.62M731.54M806.26M874.31M451.87M
Operating Margin-64.62%-225.46%-19.26%41.90%46.53%51.44%51.67%50.67%49.90%49.00%49.44%49.08%49.66%50.58%24.21%
EBITDA-21.00K-8.13M33.51M152.04M280.31M420.94M487.06M532.58M556.95M570.44M640.72M731.54M806.26M874.31M1.20B
EBITDA Margin-32.31%-178.96%24.10%38.12%44.45%47.90%50.71%49.64%49.19%48.65%49.14%49.08%49.66%50.58%64.46%
Net Income-42.00K-10.24M-32.31M-48.06M-62.30M6.70M81.00M108.27M141.04M140.37M189.09M273.14M380.17M412.43M452.97M
Net Income Margin-64.62%-225.46%-23.24%-12.05%-9.88%0.76%8.43%10.09%12.46%11.97%14.50%18.32%23.42%23.86%24.27%
R&D--0000.010.070.090.140.110.180.240.26--
R&D as % of Total Revenue--0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense-0370.00K19.88M89.41M130.85M112.62M122.90M127.11M117.04M114.89M134.87M140.20M165.35M185.20M
Interest Expense % of Total Revenue-0.00%0.27%4.98%14.18%14.89%11.73%11.46%11.23%9.98%8.81%9.05%8.63%9.57%9.92%

Balance Sheet

Currency: USD2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets3.52M921.46M4.22B6.23B6.81B8.11B8.61B9.00B9.10B9.59B10.96B12.18B11.76B13.38B13.24B
Total Liabilities49.00K16.29M573.49M2.06B2.87B3.17B2.73B3.03B3.08B3.12B4.22B5.00B5.04B5.53B5.53B
Total Equity3.47M904.67M2.93B3.45B3.94B4.94B5.15B5.25B6.02B6.47B6.06B7.17B6.72B7.16B7.03B
Cash-397.20M148.99M108.79M57.69M118.80M46.16M30.28M37.58M137.06M48.20M69.16M59.38M199.41M108.52M
Total Debt--441.94M1.85B2.71B5.91B2.48B2.80B3.72B2.84B3.90B4.65B2.50B5.03B5.13B
Net Debt--397.20M292.95M1.74B2.59B2.80B2.43B2.77B2.80B2.68B3.85B4.45B2.44B4.83B5.02B

Cash Flow

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-6.55M16.17M175.50M212.31M278.87M385.96M410.88M457.89M474.10M595.20M665.52M738.69M811.53M864.33M
Investing Cash Flow-97.47M-2.37B-1.90B-861.80M-522.40M-837.48M-674.41M-376.87M-642.92M-1.73B-1.43B-692.58M-825.88M-328.17M
Financing Cash Flow501.22M2.10B1.70B632.48M324.80M384.10M255.92M-92.12M269.78M1.06B786.18M-42.21M142.70M-655.69M
Capital Expenditure2.57M2.39B199.76M174.95M67.72M37.54M54.47M71.48M104.82M122.55M138.78M134.18M121.75M118.21M
Free Cash Flow-96.63M16.17M-1.39B184.94M251.06M348.42M356.42M386.41M369.28M472.65M526.74M604.51M689.78M746.12M
Dividends Paid-1.16M58.63M64.40M88.41M85.02M125.55M114.96M116.19M184.17M269.59M333.44M397.48M460.24M
FCF to OCF1475.43%100.00%-791.51%87.11%90.03%90.27%86.74%84.39%77.89%79.41%79.15%81.84%85.00%86.32%
Dividend Paid to FCF-7.17%-4.22%34.82%35.21%24.40%35.23%29.75%31.47%38.96%51.18%55.16%57.62%61.68%

Earnings

Report DateAug 28, 2013Nov 7, 2013Mar 13, 2014May 5, 2014Aug 4, 2014Nov 3, 2014Feb 26, 2015May 7, 2015Aug 6, 2015Nov 5, 2015Feb 25, 2016May 5, 2016Aug 4, 2016Nov 3, 2016Feb 23, 2017May 4, 2017Aug 3, 2017Nov 2, 2017Feb 22, 2018May 3, 2018Aug 2, 2018Nov 1, 2018Feb 21, 2019May 2, 2019Jul 29, 2019Nov 7, 2019Feb 27, 2020May 7, 2020Aug 6, 2020Nov 5, 2020Feb 25, 2021May 6, 2021Aug 5, 2021Nov 4, 2021Feb 24, 2022May 5, 2022Aug 4, 2022Nov 3, 2022Feb 23, 2023May 4, 2023Jul 27, 2023Nov 2, 2023Feb 22, 2024May 2, 2024Aug 1, 2024Oct 29, 2024Feb 20, 2025May 1, 2025Jul 31, 2025Oct 29, 2025Feb 19, 2026May 6, 2026Jul 30, 2026Nov 4, 2026
EPS Estimate--0.040.06-0.010.02-0.05-0.01-0.06-0.07-0.06-0.09-0.07-0.06-0.06-0.04-0.010.010.020.020.040.040.040.050.030.040.040.050.060.030.040.060.060.040.090.110.110.120.120.120.110.110.160.130.160.140.130.150.160.170.200.200.150.470.47
EPS Actual-0.08-0.05-0.08-0.06-0.07-0.11-0.09-0.08-0.08-0.14-0.10-0.07-0.04-0.08-0.01-0.010.020.01-0.080.020.060.050.060.050.080.080.080.070.050.070.090.090.060.110.140.160.160.140.250.320.280.210.210.310.260.200.360.310.290.280.340.360.49-
Surprise--25.00%-233.33%-500.00%-450.00%-120.00%-800.00%-33.33%-14.29%-133.33%-11.11%0.00%33.33%-33.33%75.00%0.00%100.00%-50.00%-500.00%-50.00%50.00%25.00%20.00%66.67%100.00%100.00%60.00%16.67%66.67%75.00%50.00%50.00%50.00%22.22%27.27%45.45%33.33%16.67%108.33%190.91%154.55%31.25%61.54%93.75%85.71%53.85%138.73%93.75%70.59%40.00%74.50%140.00%4.26%-
Timing-After-hoursAfter-hours-After-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-

Key Statistics & Ratios

Market Cap12.57B
Enterprise Value16.19B
Trailing P/E24.54
Forward P/E200.00
PEG Ratio29.82
Price / Sales6.70
Price / Book1.63
EPS1.25
Book Value18.92
Revenue (TTM)1.88B
Gross Profit (TTM)1.06B
EBITDA972.64M
Profit Margin25.53%
Operating Margin25.92%
Return on Equity7.08%
Return on Assets2.19%
Shares Outstanding359.18M
Shares Float307.85M
Beta0.80
Dividend Yield4.27%
Dividend Rate1.32
Payout Ratio87.62%

Analyst Ratings

Buy
Based on 23 analystsTarget 37.11
  • Strong Buy
    6
  • Buy
    7
  • Hold
    10

Ownership Breakdown

Institutions
93.29%
Insiders
7.89%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    44.48M12.36%
  • Vanguard Portfolio Management, LLC
    28.68M7.97%
  • NORGES BANK
    22.08M6.14%
  • Principal Financial Group Inc
    20.69M5.75%
  • State Street Corp
    16.22M4.51%
  • Vanguard Capital Management, LLC
    14.63M4.06%
  • FMR Inc
    9.29M2.58%
  • Geode Capital Management, LLC
    7.55M2.10%
  • JPMorgan Chase & Co
    6.64M1.84%
  • T. Rowe Price Associates, Inc.
    5.67M1.58%
  • Charles Schwab Investment Management Inc
    5.09M1.41%
  • UBS Group AG
    5.03M1.40%
  • Dimensional Fund Advisors, Inc.
    4.85M1.35%
  • AQR Capital Management LLC
    4.81M1.34%

Top Fund Holders

  • Vanguard Real Estate Index Investor
    11.82M3.28%
  • iShares Core S&P Mid-Cap ETF
    11.09M3.08%
  • Vanguard MStar Total Stk Mkt Idx Invest
    10.30M2.86%
  • Vanguard Small Cap Index
    7.45M2.07%
  • Principal Real Estate Securities R5
    6.85M1.90%
  • Vanguard MStar Small Cap Value Index
    4.73M1.32%

Dividends

20263×
0.33Sep 15, 20260.33Jun 15, 20260.33Mar 13, 2026
20254×
0.30Dec 15, 20250.30Sep 15, 20250.30Jun 13, 20250.30Mar 14, 2025
20244×
0.26Dec 13, 20240.26Sep 13, 20240.26Jun 14, 20240.26Mar 14, 2024
20234×
0.22Dec 14, 20230.22Sep 14, 20230.22Jun 14, 20230.22Mar 14, 2023
20224×
0.18Dec 14, 20220.18Sep 14, 20220.18Jun 14, 20220.18Mar 14, 2022
20214×
0.10Dec 14, 20210.10Sep 14, 20210.10Jun 14, 20210.10Mar 12, 2021
20201×
0.05Dec 31, 2020