American Homes 4 Rent (AMH-PG) — Financial statements
Income statement, balance sheet, and cash flow for American Homes 4 Rent — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,866↑8.0% | 1,729↑6.5% | 1,624↑8.9% | 1,491↑14.3% | 1,304 | |
| Cost of Revenue | 1,803↑135.0% | 767↑3.7% | 740↑7.5% | 688↑14.2% | 603 | |
| Gross Profit | 63↓93.5% | 961↑8.8% | 884↑10.2% | 802↑14.4% | 701 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 83↑4.3% | 80↑12.7% | 71↑10.0% | 64↑22.2% | 52 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 7↑5.8% | 7↑6.3% | 7↑66.7% | 4 | |
| SG&A Expenses | 83↓4.6% | 87↑12.1% | 78↑9.7% | 71↑25.4% | 56 | |
| Other Expenses | -472 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | -389↓547.2% | 87↑12.1% | 78↑9.7% | 71↑25.4% | 56 | |
| Total Costs & Expenses | 1,414↑65.5% | 854↑4.5% | 817↑7.7% | 759↑15.1% | 659 | |
| Operating Results | ||||||
| Operating Income | 452↓48.3% | 874↑8.4% | 806↑10.2% | 732↑13.5% | 645 | |
| Depreciation & Amortization | 504↑6.5% | 474↑4.4% | 454↑7.0% | 424↑14.9% | 369 | |
| EBITDA | 1,203↑37.6% | 874↑8.4% | 806↑10.2% | 732↑14.2% | 641 | |
| EBIT | 699↑74.3% | 401↑13.6% | 353↑14.6% | 308↑13.2% | 272 | |
| Interest & Other Income | ||||||
| Net Interest Income | -185↓12.0% | -165↓17.9% | -140↓3.9% | -135↓17.4% | -115 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 185↑12.0% | 165↑17.9% | 140↑3.9% | 135↑17.4% | 115 | |
| Non-Operating Income | -247↓152.1% | 474↑4.4% | 454↑7.0% | 424↑13.7% | 373 | |
| Other Income / Expenses | 62↑115.1% | -406↓8.6% | -374↑11.2% | -422↑2.9% | -434 | |
| Income Before Tax | 513↑9.7% | 468↑8.3% | 432↑39.4% | 310↑47.2% | 211 | |
| Income Tax Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 513↑9.7% | 468↑8.3% | 432↑39.4% | 310↑47.2% | 211 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 453↑9.8% | 412↑8.5% | 380↑39.2% | 273↑44.4% | 189 | |
| Bottom-Line Net Income | 452↑13.7% | 397↑8.8% | 365↑46.0% | 250↑85.4% | 135 | |
| EPS (Basic) | 1.18↑9.3% | 1.08↑6.9% | 1.01↑40.3% | 0.72↑71.4% | 0.42 | |
| EPS (Diluted) | 1.18↑9.3% | 1.08↑6.9% | 1.01↑42.3% | 0.71↑73.2% | 0.41 | |
| Weighted Average Shares | 371↑0.8% | 367↑1.5% | 362↑3.6% | 349↑7.7% | 324 | |
| Weighted Average Diluted Shares | 371↑0.8% | 368↑1.5% | 362↑3.6% | 350↑7.5% | 326 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.