American Homes 4 Rent
NYSE:AMH

Watchlist Manager
American Homes 4 Rent Logo
American Homes 4 Rent
NYSE:AMH
Watchlist
Price: 31.53 USD -1.22%
Market Cap: 11.7B USD
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
+27%
5Y
+59%
10Y
+219%
Operating Income
+
3Y
+41%
5Y
+96%
10Y
+831%
Net Income
+
3Y
+108%
5Y
+436%
10Y
-

Earnings Waterfall
American Homes 4 Rent

Revenue
1.8B USD
Cost of Revenue
-793.2m USD
Gross Profit
1B USD
Operating Expenses
-583.5m USD
Operating Income
455.1m USD
Other Expenses
-17.9m USD
Net Income
437.2m USD

Income Statement
American Homes 4 Rent

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Income Statement
Currency: USD
Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Revenue
Interest Expense
0
0
0
0
0
2
5
11
20
34
52
71
89
105
118
127
131
132
125
118
113
110
114
118
123
126
126
127
127
125
122
120
117
115
113
115
115
114
122
127
135
143
143
141
140
143
147
156
165
172
180
184
Revenue
5
N/A
11
+147%
29
+161%
78
+167%
139
+79%
210
+51%
286
+36%
347
+21%
399
+15%
453
+14%
513
+13%
575
+12%
631
+10%
694
+10%
761
+10%
825
+8%
879
+7%
919
+5%
935
+2%
945
+1%
960
+2%
985
+3%
1 012
+3%
1 045
+3%
1 073
+3%
1 094
+2%
1 112
+2%
1 130
+2%
1 132
+0%
1 140
+1%
1 139
0%
1 149
+1%
1 173
+2%
1 198
+2%
1 231
+3%
1 263
+3%
1 304
+3%
1 348
+3%
1 396
+4%
1 448
+4%
1 491
+3%
1 532
+3%
1 566
+2%
1 596
+2%
1 624
+2%
1 649
+2%
2 101
+27%
2 124
+1%
1 729
-19%
2 188
+27%
1 798
-18%
1 832
+2%
Gross Profit
Cost of Revenue
(4)
(8)
(19)
(44)
(74)
(108)
(140)
(169)
(188)
(210)
(239)
(271)
(296)
(321)
(345)
(369)
(387)
(402)
(410)
(415)
(425)
(444)
(458)
(475)
(488)
(495)
(504)
(514)
(521)
(524)
(531)
(536)
(540)
(552)
(558)
(569)
(587)
(604)
(623)
(646)
(665)
(683)
(698)
(714)
(723)
(732)
(928)
(934)
(755)
(957)
(782)
(793)
Gross Profit
1
N/A
3
+220%
10
+216%
34
+237%
65
+92%
102
+56%
146
+43%
178
+22%
211
+18%
243
+16%
273
+12%
304
+11%
335
+10%
372
+11%
416
+12%
456
+9%
492
+8%
516
+5%
524
+2%
530
+1%
536
+1%
541
+1%
554
+2%
570
+3%
585
+3%
599
+2%
608
+1%
616
+1%
611
-1%
616
+1%
609
-1%
613
+1%
632
+3%
646
+2%
673
+4%
693
+3%
717
+3%
743
+4%
772
+4%
802
+4%
826
+3%
849
+3%
868
+2%
882
+2%
901
+2%
917
+2%
1 173
+28%
1 190
+1%
973
-18%
1 231
+26%
1 016
-17%
1 039
+2%
Operating Income
Operating Expenses
(10)
(18)
(31)
(56)
(87)
(120)
(150)
(174)
(190)
(210)
(231)
(255)
(271)
(289)
(313)
(325)
(345)
(350)
(343)
(341)
(337)
(342)
(348)
(354)
(363)
(365)
(370)
(376)
(373)
(375)
(376)
(380)
(392)
(403)
(410)
(418)
(429)
(441)
(461)
(480)
(495)
(508)
(518)
(525)
(531)
(538)
(682)
(687)
(561)
(705)
(575)
(584)
Selling, General & Administrative
(7)
(9)
(9)
(9)
(10)
(14)
(19)
(22)
(25)
(26)
(26)
(27)
(28)
(30)
(31)
(33)
(35)
(35)
(36)
(36)
(35)
(35)
(35)
(36)
(37)
(37)
(38)
(39)
(43)
(45)
(46)
(48)
(49)
(53)
(54)
(54)
(56)
(59)
(65)
(69)
(68)
(69)
(70)
(71)
(75)
(79)
(102)
(103)
(84)
(103)
(80)
(81)
Depreciation & Amortization
(2)
(5)
(16)
(39)
(71)
(103)
(131)
(152)
(166)
(184)
(205)
(228)
(243)
(259)
(279)
(287)
(299)
(303)
(296)
(296)
(297)
(303)
(308)
(313)
(319)
(321)
(325)
(327)
(321)
(330)
(331)
(335)
(339)
(346)
(353)
(360)
(369)
(379)
(393)
(408)
(424)
(437)
(445)
(451)
(454)
(456)
(576)
(581)
(474)
(598)
(492)
(498)
Other Operating Expenses
(1)
(4)
(7)
(7)
(6)
(4)
0
0
0
0
0
0
0
(1)
(3)
(7)
(12)
(12)
(12)
(10)
(5)
(4)
(5)
(4)
(7)
(7)
(7)
(9)
(8)
0
0
2
(4)
(4)
(4)
(4)
(4)
(4)
(3)
(3)
(3)
(3)
(3)
(3)
(3)
(3)
(4)
(4)
(3)
(5)
(4)
(4)
Operating Income
(9)
N/A
(14)
-54%
(21)
-50%
(22)
-1%
(22)
-2%
(19)
+16%
(3)
+82%
5
N/A
21
+336%
34
+64%
42
+26%
49
+16%
64
+30%
83
+30%
103
+25%
130
+26%
147
+13%
166
+13%
181
+9%
189
+4%
199
+5%
199
+0%
206
+3%
216
+5%
223
+3%
234
+5%
238
+1%
240
+1%
239
-1%
241
+1%
232
-4%
232
+0%
241
+4%
243
+1%
262
+8%
275
+5%
288
+4%
302
+5%
312
+3%
322
+3%
331
+3%
341
+3%
350
+3%
357
+2%
370
+4%
379
+3%
491
+29%
503
+2%
413
-18%
526
+27%
441
-16%
455
+3%
Pre-Tax Income
Interest Income Expense
0
(0)
(0)
(0)
11
(2)
(5)
(11)
(20)
(34)
(52)
(71)
(89)
(105)
(118)
(127)
(131)
(132)
(125)
(118)
(113)
(110)
(114)
(118)
(123)
(126)
(126)
(127)
(127)
(125)
(122)
(120)
(117)
(115)
(113)
(115)
(115)
(115)
(122)
(127)
(135)
(143)
(143)
(141)
(140)
(143)
(185)
(195)
(165)
(211)
(180)
(184)
Non-Reccuring Items
(1)
(2)
(4)
(5)
(5)
(4)
(3)
(17)
(22)
(28)
(31)
(21)
(20)
(19)
(19)
(30)
(25)
(20)
(25)
(21)
(19)
(19)
(14)
(4)
(7)
(6)
(5)
(5)
(4)
(5)
(6)
(7)
(5)
(12)
(13)
(15)
(16)
(17)
(22)
(29)
(30)
(29)
(25)
(18)
(17)
(16)
(19)
(28)
(27)
(31)
(26)
(18)
Gain/Loss on Disposition of Assets
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
12
15
16
18
8
7
7
8
11
18
21
32
40
40
41
37
36
39
49
49
47
50
56
78
92
137
199
229
238
210
194
244
243
226
288
227
242
Total Other Income
0
0
11
10
(4)
4
(12)
(10)
(11)
(6)
2
(4)
(3)
7
4
5
4
(12)
(14)
(3)
3
10
11
3
1
0
0
0
8
9
11
9
(3)
2
1
3
4
5
8
9
7
9
8
9
10
9
13
20
22
25
22
19
Pre-Tax Income
(10)
N/A
(17)
-67%
(15)
+10%
(17)
-8%
(20)
-22%
(20)
0%
(24)
-17%
(33)
-38%
(33)
-2%
(35)
-4%
(40)
-14%
(47)
-18%
(48)
-3%
(35)
+28%
(30)
+13%
(10)
+66%
10
N/A
17
+64%
36
+111%
55
+54%
77
+38%
86
+13%
97
+13%
108
+12%
112
+4%
124
+10%
138
+12%
150
+8%
156
+5%
161
+3%
152
-5%
151
-1%
155
+3%
166
+7%
186
+12%
195
+4%
211
+8%
232
+10%
254
+10%
268
+5%
310
+16%
378
+22%
419
+11%
445
+6%
432
-3%
423
-2%
544
+29%
544
0%
468
-14%
597
+28%
484
-19%
513
+6%
Net Income
Tax Provision
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Income from Continuing Operations
(10)
(17)
(15)
(17)
(20)
(20)
(24)
(33)
(33)
(35)
(40)
(47)
(48)
(35)
(30)
(10)
10
17
36
55
77
86
97
108
112
124
138
150
156
161
152
151
155
166
186
195
211
232
254
268
310
378
419
445
432
423
544
544
468
597
484
513
Income to Minority Interest
0
(1)
(6)
(9)
(13)
(16)
(16)
(15)
(15)
(15)
(15)
(15)
(14)
(14)
(10)
(14)
(4)
0
(0)
7
5
3
6
4
(4)
(6)
(13)
(14)
(15)
(16)
(14)
(14)
(15)
(16)
(16)
(19)
(22)
(25)
(30)
(32)
(37)
(45)
(51)
(54)
(52)
(51)
(65)
(64)
(56)
(70)
(57)
(60)
Net Income (Common)
(10)
N/A
(18)
-75%
(30)
-69%
(35)
-17%
(44)
-24%
(50)
-14%
(48)
+3%
(62)
-29%
(67)
-8%
(71)
-6%
(77)
-8%
(83)
-9%
(85)
-1%
(71)
+16%
(64)
+10%
(57)
+12%
(34)
+41%
(31)
+8%
(21)
+33%
2
N/A
(22)
N/A
(15)
+33%
(30)
-101%
(16)
+46%
24
N/A
34
+44%
72
+111%
80
+12%
86
+7%
90
+5%
83
-8%
82
-1%
85
+4%
95
+12%
100
+5%
114
+14%
135
+18%
161
+19%
197
+23%
211
+7%
250
+19%
311
+25%
353
+13%
376
+7%
365
-3%
357
-2%
460
+29%
460
+0%
397
-14%
507
+28%
412
-19%
437
+6%
EPS (Diluted)
-1.42
N/A
-0.37
+74%
-0.13
+65%
-0.21
-62%
-0.36
-71%
-0.26
+28%
-0.27
-4%
-0.3
-11%
-0.34
-13%
-0.35
-3%
-0.36
-3%
-0.39
-8%
-0.4
-3%
-0.34
+15%
-0.26
+24%
-0.25
+4%
-0.14
+44%
-0.13
+7%
-0.09
+31%
0.01
N/A
-0.08
N/A
-0.05
+38%
-0.1
-100%
-0.06
+40%
0.08
N/A
0.11
+38%
0.23
+109%
0.26
+13%
0.29
+12%
0.3
+3%
0.28
-7%
0.27
-4%
0.28
+4%
0.3
+7%
0.31
+3%
0.35
+13%
0.41
+17%
0.47
+15%
0.57
+21%
0.6
+5%
0.71
+18%
0.87
+23%
0.75
-14%
0.9
+20%
1.01
+12%
0.97
-4%
1.25
+29%
1.25
N/A
1.08
-14%
1.37
+27%
1.11
-19%
1.18
+6%

See Also

Summary
AMH intrinsic value, competitors valuation, and company profile.
DCF Valuation
AMH stock valuation using Discount Cash Flow valuation method.
Relative Valuation
AMH stock valuation using valuation multiples.
Wall Street Estimates
AMH price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
AMH stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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