Financial Snapshot

Revenue
$1.701B
TTM
Gross Margin
56.11%
TTM
Net Earnings
$400.7M
TTM
Current Assets
$212.2M
Q3 2024
Current Liabilities
$629.9M
Q3 2024
Current Ratio
33.69%
Q3 2024
Total Assets
$12.84B
Q3 2024
Total Liabilities
$5.833B
Q3 2024
Book Value
$7.011B
Q3 2024
Cash
$162.5M
Q3 2024
P/E
34.69
Nov 29, 2024 EST
Free Cash Flow
-$300.4M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Revenue $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 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

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Revenue $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 $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 $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 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

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Selling, General & Admin $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 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 8.28% 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 $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 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 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 $1.411B $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 6.59% 15.42% 8.4% 3.38% 4.65% 10.27% 1.48% 29.34% 60.64% 153.15% 1024.69% 14676.0%
Operating Profit -$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 2.45% 15.78% 3.54% 3.61% 2.11% 11.75% -7.92% 11.89% 62.28% 108.35% 632.32% 13676.0%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Interest Expense $140.2M $134.9M $114.9M $117.0M $127.1M $122.9M $112.6M $130.8M $89.41M $19.88M $370.0K
YoY Change 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 $9.798M $6.865M $3.985M $1.707M $8.171M $1.200M $2.800M $4.400M -$2.700M -$11.30M -$3.900M
YoY Change 42.72% 72.27% 133.45% -79.11% 580.92% -57.14% -36.36% -262.96% -76.11% 189.74%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Pretax Income $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 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 $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 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 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 $1.01 $0.72 $0.42 $0.28 $0.29 $0.08 -$0.08 -$0.14
Diluted Earnings Per Share $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

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Cash & Short-Term Investments $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 -14.13% 43.48% -64.84% 264.63% 24.09% -34.42% -61.11% 105.89% -46.97% -26.98% -62.49%
Cash & Equivalents $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 $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
Total Short-Term Assets $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 -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 $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 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 $114.2M $107.3M $122.0M $93.10M $0.00
YoY Change 6.38% -11.97% 30.99%
Other Assets $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 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 $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 4.38% 10.9% 15.48% 4.23% 1.01% 4.8% 7.05% 19.33% 9.37% 50.13% 685.82%
Total Assets $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 $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 530.46% 413.84% 178.25% -92.0% 2400.0% -88.24% -100.0% -75.51% 444.44% 200.0%
Accrued Expenses $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 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
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $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 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 $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 -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 $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 -1.2% 16.38% 37.73% -0.57% 1.07% 11.9% -16.27% 12.62% 39.26% 305.87%
Total Liabilities $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 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

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $13.897 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 1,725 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.