American Homes 4 Rent

Chart & Performance

D1W1MN

Profile

American Homes 4 Rent (NYSE: AMH) is a leader in the single-family home rental industry and "American Homes 4 Rent" is fast becoming a nationally recognized brand for rental homes, known for high-quality, good value and tenant satisfaction. We are an internally managed Maryland real estate investment trust, or REIT, focused on acquiring, developing, renovating, leasing, and operating attractive, single-family homes as rental properties. As of September 30, 2020, we owned 53,229 single-family properties in selected submarkets in 22 states.

URL

https://www.amh.com/

IPO date

Aug 01, 2013

Employees

1,794

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2024‑12	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	1,728,697 6.47%	1,623,605 8.93%	1,490,534 14.32%
Cost of revenue	838,794	814,347	732,846
Unusual Expense (Income)
NOPBT	889,903	809,258	757,688
NOPBT Margin	51.48%	49.84%	50.83%
Operating Taxes	69,660		134,871
Tax Rate	7.83%		17.80%
NOPAT	820,243	809,258	622,817
Net income	398,482 4.82%	380,168 117.05%	175,154 149.46%
Dividends	(397,479)	(333,442)	(269,587)
Dividend yield	2.89%	2.56%	2.56%
Proceeds from repurchase of equity	143,074	398,600	561,395
BB yield	-1.04%	-3.06%	-5.33%
Debt
Debt current	4,086,418	948,864	130,000
Long-term debt	32,618	3,549,359	4,406,753
Deferred revenue	30,153	30,320	26,922
Other long-term liabilities	1,399,641	967,552	188,820
Net debt	3,760,489	4,298,974	4,334,585
Cash flow
Cash from operating activities	811,535	738,689	665,518
CAPEX			(138,779)
Cash from investing activities	(825,876)	(692,578)	(1,425,502)
Cash from financing activities	142,696	(42,210)	786,177
FCF	36,124	1,380,563	635,612
Balance
Cash	199,413	59,385	69,155
Long term investments	159,134	139,864	133,013
Excess cash	272,112	118,069	127,641
Stockholders' equity	319,530	295,035	242,839
Invested Capital	13,109,039	11,018,759	11,727,171
ROIC	6.80%	7.12%	5.59%
ROCE	6.65%	7.27%	6.51%
EV
Common stock shares outstanding	367,990	362,477	349,787
Price	37.42 4.06%	35.96 19.31%	30.14 -30.89%
Market cap	13,770,168 5.64%	13,034,681 23.64%	10,542,583 -25.73%
EV	18,219,271	18,019,106	15,555,931
EBITDA	1,366,913	1,265,808	1,184,219
EV/EBITDA	13.33	14.24	13.14
Interest	165,351	140,198	134,871
Interest/NOPBT	18.58%	17.32%	17.80%