8-K Announcements
6Material company update
May 6, 2026·SEC
Material company update
Feb 27, 2026·SEC
Material company update
Feb 19, 2026·SEC
American Homes 4 Rent(AMH)Earnings, Financials & Key Ratios
AMH•NYSE•REIT / Real Estate
$33.72
28.6× P/E·Price updated Jul 2, 2026
AboutAmerican Homes 4 Rent (NYSE: AMH) is a leader in the single-family home rental industry and American Homes 4 Rent is fast becoming a nationally recognized brand for rental homes, known for high-quality, good value and tenant satisfaction. We are an internally managed Maryland real estate investment trust, or REIT, focused on acquiring, developing, renovating, leasing, and operating attractive, single-family homes as rental properties. As of September 30, 2020, we owned 53,229 single-family properties in selected submarkets in 22 states.Show more
- Revenue$1.87B+8.0%
- FFO$957M+8.0%
- FFO/Share2.58+7.2%
- FFO Payout48.08%+11.1%
- FFO per Share2.58+7.2%
- NOI Margin3.37%-93.9%
- FFO Margin51.3%
- ROE5.82%+9.4%
- ROA3.4%+7.5%
AMH Price & Volume
American Homes 4 Rent (AMH) stock price & volume — 10-year historical chart
Loading chart...
Resilient FFO Growth Amidst Margin Accounting Volatility
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Stable
Profitability:Moderate
Financial:Healthy
Cash Flow:Stable
Primary Risk:Development pipeline execution risk
Key Thesis Takeaways
- American Homes 4 Rent demonstrates operational resilience through a 9.0% year-over-year FFO growth rate in 2026Q1, despite significant volatility in reported NOI margins.
- The company's strategic pivot toward a built-to-rent model supports long-term asset quality, though investors should monitor the potential for overhead capitalization to mask true maintenance costs.
- A disciplined debt-to-equity ratio, consistently maintained between 0.59 and 0.67, provides a stable foundation for ongoing portfolio expansion.
Verdict Logic
while the 9.0% FFO growth in 2026Q1 signals underlying strength, the sharp contraction in NOI margins to 3.5% warrants further investigation into potential accounting-driven distortions.
AMH Growth Metrics
American Homes 4 Rent (AMH) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years11.46%
5 Years9.74%
3 Years7.78%
TTM5.83%
Profit CAGR
10 Years-
5 Years26.4%
3 Years18.37%
TTM13.88%
EPS CAGR
10 Years-
5 Years33.34%
3 Years18.45%
TTM13.89%
Return on Capital
10 Years6.2%
5 Years6.07%
3 Years5.72%
Last Year3.45%
AMH Recent Earnings
American Homes 4 Rent (AMH) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 10/12 qtrs (83%)●Beat Revenue 8/12 qtrs (67%)
Q2 2026Latest
May 6, 2026Metric
Actual
Est
EPS
$0.35+98.5%
$0.18
Rev
$472M+0.3%
$471M
Q1 2026
Feb 19, 2026Metric
Actual
Est
EPS
$0.47+113.9%
$0.22
Rev
$455M-0.9%
$459M
Q4 2025
Oct 29, 2025Metric
Actual
Est
EPS
$0.47+2.2%
$0.46
Rev
$478M+4.2%
$459M
Q3 2025
Jul 31, 2025Metric
Actual
Est
EPS
$0.47+2.2%
$0.46
Rev
$458M-3.8%
$475M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 6, 2026 | $0.35vs $0.18+98.5% | $472Mvs $471M+0.3% |
| Q1 2026 | Feb 19, 2026 | $0.47vs $0.22+113.9% | $455Mvs $459M-0.9% |
| Q4 2025 | Oct 29, 2025 | $0.47vs $0.46+2.2% | $478Mvs $459M+4.2% |
| Q3 2025 | Jul 31, 2025 | $0.47vs $0.46+2.2% | $458Mvs $475M-3.8% |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for American Homes 4 Rent (AMH)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $33.72 | $12.25B | 28.58 | 7.95% | 24.27% | 5.82% | 3.68% | |
| $30.35 | $18.19B | 31.61 | 4.21% | 20.89% | 6.12% | — | |
| $68.63 | $25.71B | 23.58 | 4.06% | 30.56% | 8.4% | — | |
| $190.43 | $27.02B | 25.77 | 4.29% | 37.27% | 9.54% | — | |
| $139.94 | $16.28B | 37.02 | 0.83% | 18.19% | 6.81% | — | |
| $115.66 | $12.11B | 32.67 | 1.92% | 32.81% | 8.71% | — |
Compare AMH vs Peers
American Homes 4 Rent (AMH) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
AMH SEC Filings & Documents
American Homes 4 Rent (AMH) SEC filings — annual & quarterly reports (10-K, 10-Q)
Get notified when AMH posts new earnings or crosses analyst targets
Free. No account needed. Unsubscribe any time.
AMH Frequently Asked Questions
American Homes 4 Rent (AMH) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is American Homes 4 Rent's revenue?
American Homes 4 Rent (AMH) reported $1.87B in revenue for fiscal year 2025. This represents a 41029% increase from $4.5M in 2012.
How fast is American Homes 4 Rent growing?
American Homes 4 Rent (AMH) grew revenue by 8.0% over the past year. This is steady growth.
Is AMH profitable?
Yes, American Homes 4 Rent (AMH) is profitable, generating $470.4M in net income for fiscal year 2025 (24.3% net margin).
Dividend & Returns
Does AMH pay dividends?
Yes, American Homes 4 Rent (AMH) pays a dividend with a yield of 3.68%. This makes it attractive for income-focused investors.
What is AMH's return on equity?
American Homes 4 Rent (AMH) has a return on equity (ROE) of 5.8%. This is below average, suggesting room for improvement.
Industry Metrics
What is American Homes 4 Rent's FFO?
American Homes 4 Rent (AMH) generated Funds From Operations (FFO) of $977.2M in the trailing twelve months. FFO is the primary profitability metric for REITs.
Is AMH a good dividend stock?
American Homes 4 Rent (AMH) offers a 3.68% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.