AMH
American Homes 4 Rent
NYSE · Real Estate · REIT - Residential · US
$32.65
−0.20%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 1.9B | 1.9B | 1.7B | 1.6B | 1.5B |
| Cost of Revenue | 1.3B | 1.8B | 767.4M | 739.7M | 688.2M |
| Gross Profit | 575.2M | 62.8M | 961.3M | 883.9M | 802.3M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 65.0M | 83.0M | 87.0M | 77.6M | 70.8M |
| General & Admin Expense | 65.0M | 83.0M | 79.6M | 70.6M | 64.2M |
| Selling & Marketing Expense | — | — | 7.4M | 7.0M | 6.6M |
| Other Expenses | 34.6M | (472.1M) | — | — | — |
| Total Operating Expenses | 99.6M | (389.1M) | 87.0M | 77.6M | 70.8M |
| Cost and Expenses | 1.4B | 1.4B | 854.4M | 817.3M | 759.0M |
| Operating Income (EBIT) | 475.6M | 451.9M | 874.3M | 806.3M | 731.5M |
| Non-Operating | |||||
| Interest Income | — | — | — | — | — |
| Interest Expense | 204.2M | 185.2M | 165.4M | 140.2M | 134.9M |
| Net Interest Income | (204.2M) | (185.2M) | (165.4M) | (140.2M) | (134.9M) |
| Other Non-Op Income/Expense | 70.4M | 61.5M | (406.2M) | (374.1M) | (421.5M) |
| Non-Operating Income (excl Interest) | (213.3M) | (246.7M) | 473.6M | 453.6M | 423.8M |
| EBT (Pre-Tax Income) | 546.0M | 513.4M | 468.1M | 432.1M | 310.0M |
| Income Tax Expense | 3.2M | — | — | — | — |
| Bottom Line | |||||
| Net Income | 478.5M | 453.0M | 412.4M | 380.2M | 273.1M |
| Earnings from Cont. Ops | 542.8M | 513.4M | 468.1M | 432.1M | 310.0M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 470.9M | 451.6M | 397.2M | 365.1M | 250.0M |
| Per Share | |||||
| Basic EPS | $1.26 | $1.18 | $1.08 | $1.01 | $0.72 |
| Diluted EPS | $1.26 | $1.18 | $1.08 | $1.01 | $0.71 |
| Revenue Per Share | $5.19 | $5.04 | $4.70 | $4.48 | $4.27 |
| Shares | |||||
| Basic Shares Outstanding | 362.4M | 370.6M | 367.5M | 362.0M | 349.3M |
| Diluted Shares Outstanding | 362.6M | 370.9M | 368.0M | 362.5M | 349.8M |
| Profitability Metrics | |||||
| EBITDA | 1.2B | 1.2B | 874.3M | 806.3M | 731.5M |
| D&A | 507.4M | 504.3M | 473.6M | 453.6M | 423.8M |
| EBIT | 688.9M | 698.6M | 400.7M | 352.7M | 307.7M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026