Financial Snapshot

Revenue
$1.729B
TTM
Gross Margin
56.33%
TTM
Net Earnings
$447.1M
TTM
Current Assets
$247.9M
Q4 2024
Current Liabilities
$1.044B
Q4 2024
Current Ratio
23.75%
Q4 2024
Total Assets
Q4 2024
Total Liabilities
Q4 2024
Book Value
$7.849B
Q4 2024
Cash
Q4 2024
P/E
28.43
Apr 11, 2025 EST
Free Cash Flow
-$715.2M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Revenue $1.729B $1.624B $1.491B $1.304B $1.183B $1.143B $1.073B $960.4M $878.9M $630.6M $398.9M $139.0M $4.540M $100.0K
YoY Change 6.47% 8.93% 14.32% 10.23% 3.45% 6.57% 11.71% 9.27% 39.38% 58.09% 186.89% 2962.38% 4440.0%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Revenue $1.729B $1.624B $1.491B $1.304B $1.183B $1.143B $1.073B $960.4M $878.9M $630.6M $398.9M $139.0M $4.540M $100.0K
Cost Of Revenue $755.2M $722.8M $664.8M $587.1M $540.2M $520.8M $487.5M $424.8M $386.5M $295.9M $188.4M $73.80M $3.600M $0.00
Gross Profit $973.5M $900.8M $825.7M $716.8M $642.7M $622.6M $585.4M $535.6M $492.4M $334.7M $210.5M $65.30M $1.000M $0.00
Gross Profit Margin 56.31% 55.48% 55.4% 54.98% 54.34% 54.45% 54.56% 55.77% 56.03% 53.08% 52.77% 46.97% 22.03% 0.0%

Selling, General & Admin Expense

Research & Development

No data

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

No data

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operating Profits/Loss YoY Change

Operating Earnings to Gross Profit Ratio

Operating Profit Margin

Operational Expenses

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Selling, General & Admin $83.59M $74.62M $68.06M $56.44M $48.50M $43.20M $36.60M $34.70M $34.60M $28.00M $24.50M $9.900M $7.300M $0.00
YoY Change 12.03% 9.64% 20.57% 16.38% 12.27% 18.03% 5.48% 0.29% 23.57% 14.29% 147.47% 35.62%
% of Gross Profit 8.59% 8.28% 8.24% 7.87% 7.55% 6.94% 6.25% 6.48% 7.03% 8.37% 11.64% 15.16% 730.0%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $477.0M $456.6M $426.5M $372.8M $343.2M $329.3M $318.7M $297.3M $298.7M $242.8M $165.5M $70.99M $2.111M $0.00
YoY Change 4.48% 7.04% 14.4% 8.65% 4.21% 3.33% 7.2% -0.46% 22.99% 46.72% 133.16% 3262.72%
% of Gross Profit 49.0% 50.68% 51.65% 52.01% 53.39% 52.89% 54.44% 55.51% 60.66% 72.56% 78.63% 108.71% 211.1%
Operating Expenses $1.502B $1.411B $1.324B $1.147B $1.058B $1.024B $978.1M $887.0M $874.0M $675.8M $420.7M $166.2M $14.78M $100.0K
YoY Change 6.46% 6.59% 15.42% 8.4% 3.38% 4.65% 10.27% 1.48% 29.34% 60.64% 153.15% 1024.69% 14676.0%
Operating Profit -$528.7M -$510.3M -$498.1M -$430.2M -$415.5M -$401.0M -$392.7M -$351.4M -$381.6M -$341.1M -$210.2M -$100.9M -$13.78M -$100.0K
YoY Change 3.61% 2.45% 15.78% 3.54% 3.61% 2.11% 11.75% -7.92% 11.89% 62.28% 108.35% 632.32% 13676.0%
Operating Profit To Gross Profit -54.31% -56.65% -60.32% -60.01% -64.64% -64.41% -67.09% -65.61% -77.51% -101.91% -99.85% -154.49% -1377.6%
Operating Profit To Revenue -30.59% -31.43% -33.42% -32.99% -35.12% -35.07% -36.61% -36.59% -43.42% -54.09% -52.7% -72.56% -303.44% -100.0%

Interest Expenses

Interest Expenses To Operating Income %

No data

Other Expense/Income

Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Interest Expense $165.4M $140.2M $134.9M $114.9M $117.0M $127.1M $122.9M $112.6M $130.8M $89.41M $19.88M $370.0K
YoY Change 17.94% 3.95% 17.39% -1.83% -7.93% 3.43% 9.13% -13.93% 46.34% 349.74% 5273.24%
% of Operating Profit
Other Income/Expense, Net $22.24M $9.798M $6.865M $3.985M $1.707M $8.171M $1.200M $2.800M $4.400M -$2.700M -$11.30M -$3.900M
YoY Change 127.02% 42.72% 72.27% 133.45% -79.11% 580.92% -57.14% -36.36% -262.96% -76.11% 189.74%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

No data

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Pretax Income $468.1M $432.1M $310.0M $210.6M $154.8M $156.3M $112.4M $76.50M $10.40M -$47.90M -$33.10M -$20.10M -$10.20M $0.00
YoY Change 8.33% 39.39% 47.24% 36.02% -0.96% 39.06% 46.93% 635.58% -121.71% 44.71% 64.68% 97.06%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings $468.1M $432.1M $310.0M $210.6M $154.8M $156.3M $112.4M $76.49M $10.45M -$47.95M -$33.09M -$19.07M -$10.24M $0.00
YoY Change 8.33% 39.39% 47.24% 35.99% -0.92% 38.97% 46.99% 632.26% -121.79% 44.89% 73.57% 86.26%
Net Earnings / Revenue 27.08% 26.62% 20.8% 16.15% 13.09% 13.67% 10.48% 7.96% 1.19% -7.6% -8.3% -13.71% -225.46% 0.0%
Basic Earnings Per Share $1.08 $1.01 $0.72 $0.42 $0.28 $0.29 $0.08 -$0.08 -$0.14
Diluted Earnings Per Share $1.08 $1.01 $0.71 $0.41 $0.28 $0.29 $0.08 -$0.08 -$0.14 -$295.8K -$245.0K -$261.3K -$1.417M $0.00

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

No data

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

No data

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Cash & Short-Term Investments $199.4M $59.39M $69.16M $48.20M $137.1M $37.60M $30.30M $46.20M $118.8M $57.70M $108.8M $149.0M $397.2M $0.00
YoY Change 235.8% -14.13% 43.48% -64.84% 264.63% 24.09% -34.42% -61.11% 105.89% -46.97% -26.98% -62.49%
Cash & Equivalents $199.4M $59.39M $69.16M $48.20M $137.1M $37.60M $30.30M $46.20M $118.8M $57.70M $108.8M $149.0M $397.2M $0.00
Short-Term Investments
Other Short-Term Assets $0.00
YoY Change
Inventory
Prepaid Expenses
Receivables $48.45M $42.82M $47.75M $41.59M $41.50M $29.60M $29.00M $30.10M $17.60M $13.90M $11.00M $6.900M $6.600M $0.00
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $247.9M $102.2M $116.9M $89.79M $178.6M $67.20M $59.30M $76.30M $136.4M $71.60M $119.8M $155.9M $403.8M
YoY Change 142.51% -12.57% 30.21% -49.73% 165.77% 13.32% -22.28% -44.06% 90.5% -40.23% -23.16% -61.39%
Property, Plant & Equipment $12.48B $11.87B $11.43B $10.32B $8.956B $8.552B $8.493B $8.065B $7.548B $6.290B $5.711B $3.861B $505.7M $3.500M
YoY Change 5.17% 3.86% 10.71% 15.28% 4.73% 0.69% 5.3% 6.85% 20.0% 10.14% 47.89% 663.58% 14348.57%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $159.1M $114.2M $107.3M $122.0M $93.10M $0.00
YoY Change 39.35% 6.38% -11.97% 30.99%
Other Assets $279.0M $306.7M $264.9M $245.1M $184.8M $333.3M $301.6M $316.2M $267.1M $238.0M $234.9M $74.90M $12.00M $0.00
YoY Change -9.04% 15.82% 8.05% 32.64% -44.55% 10.51% -4.62% 18.38% 12.23% 1.32% 213.62% 524.17%
Total Long-Term Assets $13.13B $12.59B $12.06B $10.87B $9.415B $9.033B $8.942B $8.533B $7.971B $6.680B $6.108B $4.068B $517.7M
YoY Change 4.35% 4.38% 10.9% 15.48% 4.23% 1.01% 4.8% 7.05% 19.33% 9.37% 50.13% 685.82%
Total Assets $13.38B $12.69B $12.18B $10.96B $9.594B $9.100B $9.002B $8.609B $8.107B $6.751B $6.227B $4.224B $921.5M $3.500M
YoY Change
Accounts Payable $521.9M $36.06M $5.719M $1.113M $400.0K $5.000M $200.0K $1.700M $0.00 $1.200M $4.900M $900.0K $300.0K $0.00
YoY Change 1347.35% 530.46% 413.84% 178.25% -92.0% 2400.0% -88.24% -100.0% -75.51% 444.44% 200.0%
Accrued Expenses $398.3M $418.0M $359.3M $236.6M $194.3M $153.3M $135.6M $145.2M $106.8M $99.80M $101.9M $76.00M $9.300M
YoY Change -4.72% 16.35% 51.86% 21.77% 26.74% 13.05% -6.61% 35.96% 7.01% -2.06% 34.08% 717.2%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.044B $573.7M $484.4M $343.5M $303.8M $247.8M $224.2M $227.6M $177.2M $158.9M $149.7M $103.4M $16.30M
YoY Change 81.91% 18.43% 41.01% 13.08% 22.6% 10.53% -1.49% 28.44% 11.52% 6.15% 44.78% 534.36%
Long-Term Debt $5.011B $4.462B $4.516B $3.880B $2.817B $2.834B $2.804B $2.476B $2.923B $2.524B $1.778B $375.0M $0.00 $0.00
YoY Change 12.31% -1.2% 16.38% 37.73% -0.57% 1.07% 13.23% -15.28% 15.77% 41.98% 374.13%
Other Long-Term Liabilities $0.00 $29.50M $69.80M $132.7M $130.0M $95.10M $0.00
YoY Change -100.0% -57.74% -47.4% 2.08% 36.7%
Total Long-Term Liabilities $5.011B $4.462B $4.516B $3.880B $2.817B $2.834B $2.804B $2.505B $2.992B $2.657B $1.908B $470.1M $0.00 $0.00
YoY Change 12.31% -1.2% 16.38% 37.73% -0.57% 1.07% 11.9% -16.27% 12.62% 39.26% 305.87%
Total Liabilities $6.221B $5.721B $5.679B $4.903B $3.805B $3.765B $3.750B $3.459B $3.914B $3.492B $2.777B $1.289B $16.80M $0.00
YoY Change 8.75% 0.73% 15.83% 28.87% 1.06% 0.41% 8.4% -11.63% 12.1% 25.73% 115.43% 7573.81%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

Market Cap: $12.711 Billion

About American Homes 4 Rent

American Homes 4 Rent operates as a real estate investment trust. The company is headquartered in Las Vegas, Nevada and currently employs 1,730 full-time employees. The company went IPO on 2013-08-01. The Company’s primary objective is to generate risk-adjusted returns for its shareholders through dividends and capital appreciation by acquiring, developing, renovating, leasing and managing single-family homes as rental properties. The company owns 59,332 single-family properties in select submarkets of metropolitan statistical areas in 21 states. The firm is also focused on developing built-for-rental homes through its internal AMH Development Program. In addition, it also acquires newly constructed homes from third-party developers through its National Builder Program. Its operations are dependent upon its resident portal and property management platforms, including marketing, leasing, vendor communications, finance, intracompany communications, resident portal and property management platforms, which include certain automated processes that require access to telecommunications or the Internet.

Industry: Real Estate Investment Trusts Peers: Apartment Income REIT Corp. AvalonBay Communities Inc Camden Property Trust Independence Realty Trust Inc Equity LifeStyle Properties Inc Essex Property Trust Inc PREFERRED APARTMENT COMMUNITIES INC Sun Communities Inc UDR Inc