AMH
American Homes 4 Rent
NYSE: AMH · REAL ESTATE · REIT - RESIDENTIAL
$31.31
-0.54% today
Updated 2026-04-29
Market cap
$13.00B
P/E ratio
26.53
P/S ratio
7.03x
EPS (TTM)
$1.18
Dividend yield
3.81%
52W range
$27 – $38
Volume
3.8M
American Homes 4 Rent (AMH) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $65000.00 | $4.54M | $139.03M | $398.87M | $630.58M | $878.89M | $960.40M | $1.07B | $1.13B | $1.17B | $1.30B | $1.49B | $1.62B | $1.73B | $1.87B |
| Revenue growth (YoY) | — | +6884.6% | +2962.4% | +186.9% | +58.1% | +39.4% | +9.3% | +11.7% | +5.5% | +3.6% | +11.2% | +14.3% | +8.9% | +6.5% | +8.0% |
| Cost of revenue | $60000.00 | $4.46M | $78.55M | $207.20M | $310.30M | $393.68M | $429.41M | $492.70M | $523.99M | $549.46M | $602.82M | $688.24M | $739.73M | $767.40M | $1.80B |
| Gross profit | $5000.00 | $81000.00 | $60.48M | $191.67M | $320.28M | $485.21M | $530.99M | $580.15M | $608.15M | $623.06M | $701.06M | $802.29M | $883.87M | $961.30M | $62.81M |
| Gross margin | 7.7% | 1.8% | 43.5% | 48.1% | 50.8% | 55.2% | 55.3% | 54.1% | 53.7% | 53.1% | 53.8% | 53.8% | 54.4% | 55.6% | 3.4% |
| R&D | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| SG&A | — | $8.14M | $15.20M | $21.95M | $26.87M | $33.07M | $34.73M | $36.58M | $40.59M | $45.07M | $52.49M | $64.16M | $70.60M | $79.57M | $83.01M |
| Operating income | $-42000.00 | $-10.24M | $-26.78M | $167.14M | $293.41M | $452.14M | $496.26M | $543.58M | $564.95M | $574.54M | $644.62M | $731.54M | $806.26M | $874.31M | $451.87M |
| Operating margin | -64.6% | -225.5% | -19.3% | 41.9% | 46.5% | 51.4% | 51.7% | 50.7% | 49.9% | 49.0% | 49.4% | 49.1% | 49.7% | 50.6% | 24.2% |
| EBITDA | $-21000.00 | $-8.13M | $33.51M | $152.04M | $280.31M | $420.94M | $487.06M | $532.58M | $556.95M | $570.44M | $640.72M | $731.54M | $806.26M | $874.31M | $1.20B |
| EBITDA margin | -32.3% | -179.0% | 24.1% | 38.1% | 44.5% | 47.9% | 50.7% | 49.6% | 49.2% | 48.7% | 49.1% | 49.1% | 49.7% | 50.6% | 64.5% |
| EBIT | $-42000.00 | $-10.24M | $-26.78M | $1.63M | $50.56M | $153.47M | $198.97M | $224.89M | $235.65M | $231.39M | $271.77M | $307.70M | $352.71M | $400.70M | $698.59M |
| Interest expense | — | $0.00 | $370000.00 | $19.88M | $89.41M | $130.85M | $112.62M | $122.90M | $127.11M | $117.04M | $114.89M | $134.87M | $140.20M | $165.35M | $185.20M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 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% |
| Net income | $-42000.00 | $-10.24M | $-32.31M | $-48.06M | $-62.30M | $6.70M | $81.00M | $108.27M | $141.04M | $140.37M | $189.09M | $273.14M | $380.17M | $412.43M | $452.97M |
| Net income growth (YoY) | — | -24271.4% | -215.7% | -48.7% | -29.6% | +110.7% | +1109.8% | +33.7% | +30.3% | -0.5% | +34.7% | +44.4% | +39.2% | +8.5% | +9.8% |
| Profit margin | -64.6% | -225.5% | -23.2% | -12.0% | -9.9% | 0.8% | 8.4% | 10.1% | 12.5% | 12.0% | 14.5% | 18.3% | 23.4% | 23.9% | 24.3% |