American Homes 4 RentAMH

NYSEReal EstateReal Estate Investment Trusts
Price (close)
$30.64
Market cap
$11.1B
P/E
20.4x
Revenue (TTM)
—
Net income
$542.8M
Dividend yield
4.21%
1-year total return
-2.0%
Net margin
—
Revenue growth
—
Debt / equity
0.75x

What American Homes 4 Rent does.

American Homes 4 Rent (“AMH” or the “General Partner”) is an internally managed Maryland real estate investment trust (“REIT”) formed on October 19, 2012. American Homes 4 Rent, L.P., a Delaware limited partnership formed on October 22, 2012, and its consolidated subsidiaries (collectively, the “Operating Partnership” or the “OP”) is the entity through which the Company conducts substantially all of its business and owns, directly or through subsidiaries, substantially all of its assets. References to the “Company,” “we,” “our” and “us” mean collectively AMH, the Operating Partnership and those entities/subsidiaries owned or controlled by AMH and/or the Operating Partnership. We are focused on developing, renovating, leasing and managing single-family homes as rental properties. We commenced operations in November 2012.

Our geographically diversified portfolio of single-family homes has evolved into a nationally recognized brand that is well-known for quality, value and resident satisfaction and is well respected in our communities. Our goal is to simplify the experience of leasing a home and provide an accessible housing option to the one in three households who choose to rent in the country. Since launching our internal “AMH Development Program” in 2017, we have contributed to addressing the national housing shortage by developing thousands of built-for-rental homes per year to meet growing demands. At a time when housing affordability remains constrained across the country, AMH is focused on being part of the solution by expanding the housing supply, elevating the resident experience and creating value for all our stakeholders.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$1.2B—————
Net income$140.4M$210.6M$310.0M$432.1M$468.1M$513.4M
Free cash flow$457.1M$547.5M$567.5M$698.6M$777.5M$823.7M

More on AMH.

Figures from American Homes 4 Rent's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.