American Homes 4 Rent (AMH)
Real Estate · Single-family rental REIT
A nationally diversified single-family rental REIT managing over 61,000 homes across 24 states, focused on developing, renovating, and managing quality rental homes to address housing supply shortages.
What American Homes 4 Rent does
American Homes 4 Rent (AMH) is an internally managed REIT that owns, develops, renovates, leases and manages single-family rental homes across the United States. As of December 31, 2025, the company held 61,479 single-family properties in select submarkets across 24 states, with an additional 3,785 properties held in unconsolidated joint ventures. The company operates an integrated platform with approximately 1,600 personnel dedicated to property management, development, marketing, leasing, and administrative functions, and generates revenue primarily through residential rental income.
Themes: ["Single-family rental housing","Housing supply expansion","Residential real estate investment","Property management operations","Built-for-rental development"]
Fundamentals
- Price$32.94 as of 2026-07-09 close
- Market cap$12.0B as of 2026-07-10
- 1-year return-6.1% as of 2026-07-09 close
- P/E25.39 as of 2026-07-10
- Net margin+26.6% as of 2026-07-10
- Gross margin+57.8% as of 2026-07-10
- ROE+6.7% as of 2026-07-10
- Debt / equity0.74 as of 2026-07-10
- Revenue growth (YoY)-21.5% as of 2026-07-10
- Revenue CAGR (3y)+7.2% SEC XBRL
- Beta0.81 as of 2026-07-10
Dividend: yield +4.0%; 4-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Revenue declined 21.53% year-over-year as of mid-2026, indicating significant headwinds in rental or occupancy performance","Exposure to residential real estate market cycles, interest rate sensitivity, and potential downturns in housing demand","Competition from other single-family rental REITs and traditional homeownership market dynamics"]
Competitors & peers
- Invitation Homes (INVH)
- Tricon Residential (TCN)
- Silver Bay Realty Trust
- Progress Residential
- Main Street Renewal
- Independence Homes
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.