AMH · XBRL financial data
American Homes 4 Rent financial statements, every fiscal year
The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (AMH's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Revenue | 1,183 | — | — | — | — | — |
| General and administrative | 49 | 56 | 68 | 75 | 84 | 83 |
| Total operating expenses | 1,072 | 1,147 | 1,324 | 1,411 | 1,502 | — |
| Interest expense | 117 | 115 | 135 | 140 | 165 | 185 |
| Other income (expense) | — | — | — | 10 | 22 | 16 |
| Earnings per share, basic USD per share | 0.28 | 0.42 | 0.72 | 1.01 | 1.08 | 1.18 |
| Earnings per share, diluted USD per share | 0.28 | 0.41 | 0.71 | 1.01 | 1.08 | 1.18 |
| Weighted average shares, basic millions of shares | 307 | 324 | 349 | 362 | 367 | 371 |
| Weighted average shares, diluted millions of shares | 307 | 326 | 350 | 362 | 368 | 371 |
Balance sheet
CSVFiscal years (AMH's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 137 | 48 | 69 | 59 | 199 | 109 |
| Right-of-use asset | 19 | 17 | 19 | 17 | 15 | 16 |
| Goodwill | 120 | 120 | 120 | 120 | 120 | 120 |
| Total assets | 9,594 | 10,962 | 12,175 | 12,688 | 13,381 | 13,242 |
| Total liabilities | 3,121 | 4,224 | 5,000 | 5,035 | 5,533 | 5,533 |
| Accumulated deficit | (444) | (439) | (441) | (395) | (381) | (388) |
| Total stockholders' equity | 5,789 | 6,060 | 6,496 | 6,968 | 7,160 | 7,034 |
| Total liabilities and equity | 9,594 | 10,962 | 12,175 | 12,688 | 13,381 | 13,242 |
Cash flows
CSVFiscal years (AMH's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Stock-based compensation | 10 | 18 | 27 | 25 | 31 | 26 |
| Depreciation and amortization | 343 | 373 | 427 | 457 | 477 | 504 |
| Net cash from operating activities | 474 | 595 | 666 | 739 | 812 | 864 |
| Net cash from investing activities | (643) | (1,733) | (1,426) | (693) | (826) | (328) |
| Proceeds from issuing common stock | 414 | — | — | — | — | — |
| Share repurchases | 0 | — | — | — | — | — |
| Dividends paid | 61 | 146 | 253 | 319 | 384 | 446 |
| Net cash from financing activities | 270 | 1,065 | 786 | (42) | 143 | (656) |
| Net change in cash | 101 | (73) | 26 | 4 | 128 | (120) |
Compare with peers
SIC 6798 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 6798 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Quarter |
|---|---|---|---|---|---|
| American Homes 4 Rent | 84 | not reported | 293* | not reported | 10-QJun 30, 2026 |
| Royal Gold | 182 | 451 | 335* | 84.7M | 10-QJun 30, 2026 |
| Equity Lifestyle Properties | 24 | 410 | 152* | 194.8M | 10-QSep 30, 2026 |
| Mid America Apartment Communities | 26 | 560 | not reported | 116.0M | 10-QSep 30, 2026 |
| Camden Property Trust | 45 | 3.1 | 212* | 100.5M | 10-QJun 30, 2026 |
| Annaly Capital Management | 2,181 | not reported | 2,856* | 787.9M | 10-QSep 30, 2026 |
| Alexandria Real Estate Equities | 509 | 671 | 342* | 174.2M | 10-QSep 30, 2026 |
| Gaming & Leisure Properties | 166 | 435 | 280* | 290.9M | 10-QSep 30, 2026 |
| Omega Healthcare Investors | 39 | 328 | 218* | 303.0M | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.