XNYS
AMHpG
Market cap13bUSD
Jun 10, Last price
23.29USD
1D
0.28%
1Q
-0.81%
IPO
-7.51%
Name
American Homes 4 Rent
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.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
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% |