American Homes 4 Rent
amh.comWhat Do They Do?
Develops, renovates, leases and manages single-family homes as rental housing for residents.
10-K for FY2025, filed Feb 20, 2026
Who Are Their Customers?
Residents find rental homes on AMH’s website, online marketplaces, property-listing services, yard signs and through local brokers. AMH directly manages its homes and handles leasing and rent collection.
10-K for FY2025, filed Feb 20, 2026Property Management. We have developed an extensive internal property management infrastructure, with modern systems, dedicated personnel…View ↗
factors, such as neighborhood characteristics and access to quality schools, transportation and services. We advertise the available…View ↗
Prospective tenants are evaluated in a standardized manner. Our application and evaluation process includes obtaining appropriate…View ↗
Do Revenues Turn Into Profits?
Yes. It kept 28 cents of every revenue dollar as net income in FY2025.
10-K for FY2025, filed Feb 20, 2026
10-K for FY2025, filed Feb 20, 2026
$513.4MView ↗
How Are They Changing?
- Net income
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Sources
10-Q for Q2 FY2026, filed Jul 31, 2026
$132.9MView ↗
- ▲ +8%
- vs $123.6M in Q2 FY2025
Greater focus on in-house development
The older report described an acquisition platform spanning broker and bulk purchases and continued purchases from third-party builders. The latest report centers on internally developed built-for-rental homes and says broker and National Builder Program acquisitions have been scaled back.
10-K for FY2022, filed Feb 24, 2023 10-K for FY2025, filed Feb 20, 2026Employ a disciplined property acquisition process. We have an established acquisition and renovation platform to source properties through…View ↗
Property Development. We are increasingly focused on developing “built-for-rental” homes through our internal AMH Development Program and…View ↗
We have and will continue to source property acquisition opportunities through traditional channels, including broker sales (including…View ↗
Grow through our one-of-a-kind internal development program. We have created a fully integrated internal development program, known as AMH…View ↗
Property Development. We are primarily focused on developing “built-for-rental” homes through our internal AMH Development Program. Rental…View ↗
Since our formation, we have rapidly but systematically grown our portfolio of single-family properties. We are primarily focused on…View ↗
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