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AMH - American Homes 4 Rent

NYSE -> Real Estate -> REIT—Residential
Calabasas, United States
Type: Equity

AMH price evolution
AMH
(in millions $) 30 Oct 2024 30 Jun 2024 31 Mar 2024 31 Dec 2023
Current assets
Cash $881.65 $283.29 $221.86
Short term investments
Net receivables $49.73 $43.46 $44.75 $42.82
Inventory
Total current assets $212.2 $761.84 $169.58 $102.21
Long term investments
Property, plant & equipment $11938.84 $11725.59 $11806.06 $11757.23
Goodwill & intangible assets $120.28 $120.28 $120.28
Total noncurrent assets
Total investments $150.13 $114.57 $139.86
Total assets $12844.28 $13303.94 $12761.09 $12688.19
Current liabilities
Accounts payable $630.89 $599.36 $553.25 $573.66
Deferred revenue
Short long term debt
Total current liabilities $1259.74 $599.36 $553.25 $573.66
Long term debt $4518.81 $4992.59 $4503.11 $4461.65
Total noncurrent liabilities
Total debt $4992.59 $4503.11 $4461.65
Total liabilities $5832.79 $5591.95 $5056.36 $5035.31
Shareholders' equity
Retained earnings -$407.25 -$385.3 -$381.51 -$394.91
Other shareholder equity $2.76 $0.6 $0.72 $0.84
Total shareholder equity $7025.15 $7017.43 $6967.52
(in millions $) 31 Dec 2023 31 Jan 2023 31 Dec 2021 31 Dec 2020
Current assets
Cash $221.86 $217.96 $191.77 $265.08
Short term investments
Net receivables $42.82 $47.75 $41.59 $41.54
Inventory
Total current assets $102.21 $116.91 $89.78 $664.79
Long term investments $118.78
Property, plant & equipment $11757.23 $11429.51 $10244.56 $8884.78
Goodwill & intangible assets $120.28 $120.28 $120.28 $120.28
Total noncurrent assets
Total investments $139.86 $133.01 $147.62 $118.78
Total assets $12688.19 $12175.06 $10962.43 $9593.63
Current liabilities
Accounts payable $573.66 $5.72 $343.53 $303.78
Deferred revenue
Short long term debt
Total current liabilities $573.66 $484.4 $343.53 $286.72
Long term debt $4461.65 $4516 $3880.48 $2817.41
Total noncurrent liabilities
Total debt $4461.65 $4516 $3880.48 $2817.41
Total liabilities $5035.31 $5679.07 $4224 $3121.2
Shareholders' equity
Retained earnings -$394.91 -$440.79 -$438.71 -$443.52
Other shareholder equity $0.84 $1.33 $1.81 $5.84
Total shareholder equity $6967.52 $6495.99 $6059.57 $5789.09
(in millions $) 30 Oct 2024 30 Jun 2024 31 Mar 2024 31 Dec 2023
Revenue
Total revenue $445.06 $423.49 $423.56 $408.66
Cost of revenue $181.85 $187.33 $173.91
Gross Profit $241.05 $241.64 $236.23 $234.75
Operating activities
Research & development
Selling, general & administrative $21.69 $21.89 $18.49
Total operating expenses $138.94 $142.23 $140.94 $138.52
Operating income $99.41 $95.29 $96.23
Income from continuing operations
EBIT $134.31 $151.35 $115.19
Income tax expense
Interest expense -$43.61 $38.68 $38.58 $35.09
Net income
Net income $73.51 $95.63 $112.78 $80.1
Income (for common shares) $92.14 $109.29 $76.62
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Revenue
Total revenue $1623.61 $1490.53 $1303.88 $1182.84
Cost of revenue $722.82 $664.79 $587.07 $540.16
Gross Profit $900.78 $825.75 $716.81 $642.68
Operating activities
Research & development
Selling, general & administrative $74.61 $68.06 $56.44 $48.52
Total operating expenses $548.08 $524.17 $445.04 $415
Operating income $352.71 $301.57 $271.77 $227.67
Income from continuing operations
EBIT $520.37 $408.01 $303.99 $257.41
Income tax expense
Interest expense $140.2 $134.87 $114.89 $117.04
Net income
Net income $380.17 $273.14 $189.09 $140.37
Income (for common shares) $366.22 $250.78 $135.29 $85.25
(in millions $) 30 Oct 2024 30 Jun 2024 31 Mar 2024 31 Dec 2023
Net income $95.63 $112.78 $80.1
Operating activities
Depreciation $117.6 $115.73 $115.77
Business acquisitions & disposals $106.3 -$1 $13.29
Stock-based compensation $10.48 $9.93 $4.62
Total cash flows from operations $274 $201.78 $115.31
Investing activities
Capital expenditures -$138.95 -$92.34 -$236.85
Investments $25.67
Total cash flows from investing -$293.05 -$40.17 -$68.15 -$227.26
Financing activities
Dividends paid -$297.58 -$95.6 -$95.91 -$79.91
Sale and purchase of stock $2.03 $34.67 $102.31
Net borrowings $479.18 $19.03 $84.06
Total cash flows from financing -$320.31 $364.52 -$72.2 $91.16
Effect of exchange rate
Change in cash and equivalents $95.99 $598.36 $61.43 -$20.79
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Net income $380.17 $273.14 $189.09 $140.37
Operating activities
Depreciation $456.55 $426.53 $372.85 $343.15
Business acquisitions & disposals $35.12 $43 $28.29 $99.17
Stock-based compensation $25.37 $27.31 $17.79 $9.83
Total cash flows from operations $738.69 $665.52 $595.2 $474.1
Investing activities
Capital expenditures -$697.93 -$1441.34 -$1733.59 -$745.43
Investments
Total cash flows from investing -$692.58 -$1425.5 -$1733.46 -$642.92
Financing activities
Dividends paid -$319.5 -$252.51 -$146.24 -$61.07
Sale and purchase of stock $405.14 $566.41 $733.03 $421.11
Net borrowings -$64.47 $634.23 $1062.88 -$22.5
Total cash flows from financing -$42.21 $786.18 $1064.95 $269.78
Effect of exchange rate
Change in cash and equivalents $3.9 $26.19 -$73.31 $100.96
Fundamentals
Market cap $13.95B
Enterprise value N/A
Shares outstanding 366.52M
Revenue $1.70B
EBITDA N/A
EBIT N/A
Net Income $362.01M
Revenue Q/Q 5.54%
Revenue Y/Y N/A
P/E ratio 38.52
EV/Sales N/A
EV/EBITDA N/A
EV/EBIT N/A
P/S ratio 8.20
P/B ratio N/A
Book/Share N/A
Cash/Share N/A
EPS $0.99
ROA 2.81%
ROE N/A
Debt/Equity 0.72
Net debt/EBITDA N/A
Current ratio 0.17
Quick ratio N/A