American Homes 4 Rent (AMH) Financial Statements
Industry: Real Estate Investment Trusts
In fiscal 2025, American Homes 4 Rent reported revenue of $1.85B, up 7.0% from $1.73B the year before. Net income was $513.4M (a 27.7% net margin), or $1.18 per diluted share. Gross margin was 14.4% and operating margin was -17.3%. Operating activities generated $864.3M of cash. At fiscal year end, American Homes 4 Rent held $13.24B in total assets against $5.53B in total liabilities, including $108.5M of cash and equivalents.
Open the full interactive American Homes 4 Rent financials → Quarterly statements, key ratios, valuation history and price charts.
American Homes 4 Rent Key Stats
| Share Price | $30.63 |
|---|---|
| Market Cap | $11.05B |
| P/E Ratio | 26.0 |
| Revenue YoY Growth | +7.0% |
| 52-Week Range | $26.83 – $34.45 |
| Shares Outstanding | 360.6 million (basic, 2026 Q2) |
American Homes 4 Rent Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $1.18B | $0 | $1.49B | $1.62B | $1.73B | $1.85B |
| Cost of Goods Sold | — | — | — | — | — | $1.58B |
| Gross Profit | — | — | — | — | — | $266.7M |
| Operating Income | — | — | — | — | — | -$320.7M |
| Pre-Tax Income | $140.4M | $210.6M | $310.0M | $432.1M | $468.1M | $513.4M |
| Net Income | $140.4M | $210.6M | $310.0M | $432.1M | $468.1M | $513.4M |
| Diluted EPS | $0.28 | $0.41 | $0.71 | $1.01 | $1.08 | $1.18 |
American Homes 4 Rent Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $478.5M | $455.0M | $472.0M | $470.1M |
| Net Income | $116.8M | $144.3M | $148.8M | $132.9M |
| Diluted EPS | $0.27 | $0.39 | $0.35 | $0.31 |
American Homes 4 Rent Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $137.1M | $48.2M | $69.2M | $59.4M | $199.4M | $108.5M |
| Total Assets | $9.59B | $10.96B | $12.18B | $12.69B | $13.38B | $13.24B |
| Total Long-Term Debt | $2.82B | $3.88B | $4.52B | $4.46B | $5.01B | $5.10B |
| Total Liabilities | $3.12B | $4.22B | $5.00B | $5.04B | $5.53B | $5.53B |
| Shareholders' Equity | $5.79B | $6.06B | $6.50B | $6.97B | $7.16B | $7.03B |
American Homes 4 Rent Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $474.1M | $595.2M | $665.5M | $738.7M | $811.5M | $864.3M |
| Cash From Investing | -$642.9M | -$1.73B | -$1.43B | -$692.6M | -$825.9M | -$328.2M |
| Cash From Financing | $269.8M | $1.06B | $786.2M | -$42.2M | $142.7M | -$655.7M |
Figures from American Homes 4 Rent's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full American Homes 4 Rent financials page for every line item.
American Homes 4 Rent Company Profile
| Ticker | AMH |
|---|---|
| Exchange | NYSE |
| Industry | Real Estate Investment Trusts |
| Headquarters | Las Vegas, Nevada |
| Incorporated in | Maryland |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001562401 |
Frequently Asked Questions
What was American Homes 4 Rent's revenue in fiscal 2025?
American Homes 4 Rent (AMH) reported revenue of $1.85B for fiscal 2025.
What is American Homes 4 Rent's annual revenue history?
American Homes 4 Rent's annual revenue by fiscal year: 2020: $1.18B; 2021: $0; 2022: $1.49B; 2023: $1.62B; 2024: $1.73B; 2025: $1.85B.
What was American Homes 4 Rent's net income in fiscal 2025?
American Homes 4 Rent reported net income of $513.4M for fiscal 2025.
What was American Homes 4 Rent's earnings per share (EPS) in fiscal 2025?
American Homes 4 Rent's diluted EPS was $1.18 for fiscal 2025 (adjusted for any later stock splits).
What was American Homes 4 Rent's revenue last quarter?
In its most recent reported quarter (2026 Q2), American Homes 4 Rent reported revenue of $470.1M.
How much debt does American Homes 4 Rent have?
American Homes 4 Rent reported $5.10B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of American Homes 4 Rent are outstanding?
American Homes 4 Rent reported a weighted average of 360.6 million basic shares outstanding in 2026 Q2.
What is American Homes 4 Rent's market cap?
Based on its latest closing price, American Homes 4 Rent (AMH) has a market capitalization of about $11.05B.
When does American Homes 4 Rent's fiscal year end?
American Homes 4 Rent's fiscal year end, as registered with the SEC, is December 31.
Where is American Homes 4 Rent headquartered?
American Homes 4 Rent lists its business address in Las Vegas, Nevada in its SEC filings.