AMH - NYSE
American Homes 4 Rent
$32.92
+2.6%American 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.
At a Glance
Live SnapshotAmerican Homes 4 Rent Profit Bridge
Profitability Analysis
Gross Margin
Thin margins leave little room for error. Cost management and pricing strategy are critical.
Operating Margin
Healthy operating margins demonstrate effective cost control and strong business fundamentals.
Net Profit Margin
Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.
Effective Tax Rate
Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.
Profitability Insight
Efficient profit conversion: Minimal margin compression from gross to net indicates lean operations and favorable tax/interest environment.
American Homes 4 Rent Income Statement
AMH • NYSE
| American Homes 4 Rent Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | |||||||||||||||
1.9B | 1.7B | 1.6B | 1.5B | 1.3B | 1.2B | 1.1B | 1.1B | 960.4M | 878.9M | 630.6M | 398.9M | 139M | 4.5M | 65K | |
GROSS PROFIT | |||||||||||||||
(1.8B) | (767.4M) | (739.7M) | (688.2M) | (602.8M) | (549.5M) | (524M) | (492.7M) | (429.4M) | (393.7M) | (310.3M) | (207.2M) | (78.6M) | (4.5M) | (60K) | |
62.8M | 961.3M | 883.9M | 802.3M | 701.1M | 623.1M | 608.2M | 580.2M | 531M | 485.2M | 320.3M | 191.7M | 60.5M | 81K | 5K | |
OPERATING INCOME | |||||||||||||||
-389.1M | (87M) | (77.6M) | (70.8M) | (56.4M) | (48.5M) | (43.2M) | (36.6M) | (34.7M) | (33.1M) | (26.9M) | (24.5M) | (80.2M) | (10.3M) | (47K) | |
(83M) | (87M) | (77.6M) | (70.8M) | (56.4M) | (48.5M) | (43.2M) | (36.6M) | (34.7M) | (33.1M) | (26.9M) | (24.5M) | (16.3M) | (8.2M) | (47K) | |
451.9M | 874.3M | 806.3M | 731.5M | 644.6M | 574.5M | 564.9M | 543.6M | 496.3M | 452.1M | 293.4M | 167.1M | -26.8M | -10.2M | -42K | |
PRE-TAX INCOME | |||||||||||||||
(185.2M) | (165.4M) | (140.2M) | (134.9M) | (114.9M) | (117M) | (127.1M) | (122.9M) | (112.6M) | (130.8M) | (89.4M) | (19.9M) | (370K) | (0.0) | (0.0) | |
-185.2M | -165.4M | -140.2M | -134.9M | -114.9M | -117M | -127.1M | -122.9M | -112.6M | -130.8M | -89.4M | -19.9M | -370K | 0.0 | 0.0 | |
-472.1M | (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) | |
61.5M | -406.2M | -374.1M | -421.5M | -434.1M | -419.7M | -408.7M | -431.1M | -419.8M | -441.7M | -341.4M | -200.2M | 6.7M | 0.0 | 0.0 | |
513.4M | 468.1M | 432.1M | 310M | 210.6M | 154.8M | 156.3M | 112.4M | 76.5M | 10.4M | -47.9M | -33.1M | -20.1M | -10.2M | -42K | |
NET INCOME | |||||||||||||||
453M | 412.4M | 380.2M | 273.1M | 189.1M | 140.4M | 141M | 108.3M | 81M | 6.7M | -62.3M | -48.1M | -32.3M | -10.2M | -42K |
SEC Filings
AMH - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 28, 2026 | May 28, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 18, 2026 | May 14, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 07, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 06, 2026 | May 06, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | March 27, 2026 | May 14, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 27, 2026 | February 27, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 20, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 19, 2026 | February 19, 2026 | 2026 | |
8-K 8-K 2025 N/A | December 03, 2025 | December 03, 2025 | 2025 | |
10-Q 10-Q 2025 Q3 Q3 | October 30, 2025 | September 30, 2025 | 2025 |
Related Guides
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Research Paths
Snapshot
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Value Model
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Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.