AMERICAN HOMES 4 RENT financials
$30.68+0.39%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $470.1M | $472.0M | $455.0M | $478.5M | $457.5M | $459.3M | $436.6M | $445.1M | $423.5M | $423.6M | $408.7M | $421.7M |
| Gross profit | $274.3M | $270.0M | $267.4M | $263.5M | $263.0M | $257.6M | $254.6M | $241.1M | $241.6M | $236.2M | $234.7M | $223.9M |
| Gross margin | 58.4% | 57.2% | 58.8% | 55.1% | 57.5% | 56.1% | 58.3% | 54.2% | 57.1% | 55.8% | 57.4% | 53.1% |
| Operating income | $121.9M | $118.3M | $115.9M | $112.7M | $113.4M | $109.9M | $101.5M | $95.6M | $99.4M | $95.3M | $96.2M | $87.3M |
| Net income | $113.6M | $127.8M | $123.8M | $99.7M | $105.6M | $110.0M | $123.2M | $73.8M | $92.1M | $109.3M | $76.6M | $74.1M |
| Net margin | 24.2% | 27.1% | 27.2% | 20.8% | 23.1% | 23.9% | 28.2% | 16.6% | 21.8% | 25.8% | 18.7% | 17.6% |
| Diluted EPS | $0.31 | $0.35 | $0.33 | $0.27 | $0.28 | $0.30 | $0.33 | $0.20 | $0.25 | $0.30 | $0.21 | $0.20 |
| EBITDA | $249.5M | $245.6M | $254.0M | $239.3M | $240.3M | $234.8M | $246.6M | $215.3M | $217.0M | $211.0M | $113.1M | $202.1M |
| Operating cash flow | $292.6M | $203.1M | $145.8M | $223.3M | $271.9M | $223.4M | $102.2M | $233.6M | $274.0M | $201.8M | $116.1M | $210.7M |
| Free cash flow | $227.7M | $193.7M | -$407.3M | -$467.2M | $196.1M | $215.9M | -$504.7M | -$507.6M | $263.3M | $191.0M | -$200.1M | -$545.9M |
| Diluted shares | 360.8M | 364.5M | 370.2M | 371.6M | 371.1M | 370.8M | 370.1M | 367.6M | 367.3M | 367.0M | 363.8M | 362.9M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $83.7M | $63.3M | $108.5M | $45.6M | $323.3M | $69.7M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $5.13B | $5.13B | $5.10B | $4.84B | $5.16B | $4.93B |
| Total assets | $13.12B | $13.18B | $13.24B | $13.25B | $13.59B | $13.29B |
| Total liabilities | $5.64B | $5.58B | $5.53B | $5.42B | $5.75B | $5.45B |
| Shareholders' equity | $7.48B | $7.60B | $7.71B | $7.84B | $7.85B | $7.84B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology