AMERICAN HOMES 4 RENT- A (AMH) Stock Fundamental Analysis

NYSE:AMH • US02665T3068

29.42 USD
-0.1 (-0.34%)
At close: Feb 23, 2026
29.42 USD
0 (0%)
After Hours: 2/23/2026, 8:04:00 PM
Fundamental Rating

4

Overall AMH gets a fundamental rating of 4 out of 10. We evaluated AMH against 20 industry peers in the Residential REITs industry. There are concerns on the financial health of AMH while its profitability can be described as average. AMH does not seem to be growing, but still is valued expensively.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

  • AMH had positive earnings in the past year.
  • In the past year AMH had a positive cash flow from operations.
  • Of the past 5 years AMH 4 years were profitable.
  • Of the past 5 years AMH 4 years had a positive operating cash flow.
AMH Yearly Net Income VS EBIT VS OCF VS FCFAMH Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M -500M -1B

1.2 Ratios

  • AMH has a Return On Assets (3.30%) which is in line with its industry peers.
  • AMH has a Return On Equity of 6.11%. This is comparable to the rest of the industry: AMH outperforms 60.00% of its industry peers.
  • AMH's Return On Invested Capital of 2.84% is fine compared to the rest of the industry. AMH outperforms 65.00% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for AMH is in line with the industry average of 2.59%.
  • The last Return On Invested Capital (2.84%) for AMH is above the 3 year average (2.43%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 3.3%
ROE 6.11%
ROIC 2.84%
ROA(3y)2.63%
ROA(5y)2%
ROE(3y)4.88%
ROE(5y)3.67%
ROIC(3y)2.43%
ROIC(5y)2.3%
AMH Yearly ROA, ROE, ROICAMH Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2 4

1.3 Margins

  • Looking at the Profit Margin, with a value of 23.87%, AMH is in the better half of the industry, outperforming 65.00% of the companies in the same industry.
  • AMH's Profit Margin has improved in the last couple of years.
  • AMH's Operating Margin of 24.85% is fine compared to the rest of the industry. AMH outperforms 65.00% of its industry peers.
  • AMH's Operating Margin has improved in the last couple of years.
  • AMH has a Gross Margin of 56.70%. This is in the lower half of the industry: AMH underperforms 60.00% of its industry peers.
  • AMH's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 24.85%
PM (TTM) 23.87%
GM 56.7%
OM growth 3Y2.7%
OM growth 5Y2.51%
PM growth 3Y30.47%
PM growth 5Y24.86%
GM growth 3Y0.81%
GM growth 5Y0.84%
AMH Yearly Profit, Operating, Gross MarginsAMH Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 40

2

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so AMH is destroying value.
  • AMH has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
AMH Yearly Shares OutstandingAMH Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M
AMH Yearly Total Debt VS Total AssetsAMH Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B 10B

2.2 Solvency

  • Based on the Altman-Z score of 1.25, we must say that AMH is in the distress zone and has some risk of bankruptcy.
  • AMH's Altman-Z score of 1.25 is in line compared to the rest of the industry. AMH outperforms 60.00% of its industry peers.
  • AMH has a Debt/Equity ratio of 0.68. This is a neutral value indicating AMH is somewhat dependend on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 0.68, AMH belongs to the top of the industry, outperforming 90.00% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.68
Debt/FCF N/A
Altman-Z 1.25
ROIC/WACC0.42
WACC6.73%
AMH Yearly LT Debt VS Equity VS FCFAMH Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B 4B 6B

2.3 Liquidity

  • A Current Ratio of 0.18 indicates that AMH may have some problems paying its short term obligations.
  • AMH has a worse Current ratio (0.18) than 65.00% of its industry peers.
  • A Quick Ratio of 0.18 indicates that AMH may have some problems paying its short term obligations.
  • AMH's Quick ratio of 0.18 is on the low side compared to the rest of the industry. AMH is outperformed by 60.00% of its industry peers.
Industry RankSector Rank
Current Ratio 0.18
Quick Ratio 0.18
AMH Yearly Current Assets VS Current LiabilitesAMH Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

3

3. Growth

3.1 Past

  • AMH shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 22.22%, which is quite impressive.
  • AMH shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 36.36% yearly.
EPS 1Y (TTM)22.22%
EPS 3Y22.96%
EPS 5Y36.36%
EPS Q2Q%42.42%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%4.21%

3.2 Future

  • The Earnings Per Share is expected to decrease by -20.31% on average over the next years. This is quite bad
  • AMH is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.14% yearly.
EPS Next Y-42.61%
EPS Next 2Y-20.31%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year3.96%
Revenue Next 2Y4.14%
Revenue Next 3Y7.14%
Revenue Next 5YN/A

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
AMH Yearly Revenue VS EstimatesAMH Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 500M 1B 1.5B 2B
AMH Yearly EPS VS EstimatesAMH Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 0.5 1

3

4. Valuation

4.1 Price/Earnings Ratio

  • AMH is valuated rather expensively with a Price/Earnings ratio of 22.29.
  • Compared to the rest of the industry, the Price/Earnings ratio of AMH indicates a somewhat cheap valuation: AMH is cheaper than 80.00% of the companies listed in the same industry.
  • The average S&P500 Price/Earnings ratio is at 26.64. AMH is around the same levels.
  • Based on the Price/Forward Earnings ratio of 38.84, the valuation of AMH can be described as expensive.
  • AMH's Price/Forward Earnings ratio is rather cheap when compared to the industry. AMH is cheaper than 85.00% of the companies in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 27.75, AMH is valued a bit more expensive.
Industry RankSector Rank
PE 22.29
Fwd PE 38.84
AMH Price Earnings VS Forward Price EarningsAMH Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40 50

4.2 Price Multiples

  • AMH's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. AMH is cheaper than 75.00% of the companies in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 16.5
AMH Per share dataAMH EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10 15

4.3 Compensation for Growth

  • AMH has a very decent profitability rating, which may justify a higher PE ratio.
  • A cheap valuation may be justified as AMH's earnings are expected to decrease with -20.31% in the coming years.
PEG (NY)N/A
PEG (5Y)0.61
EPS Next 2Y-20.31%
EPS Next 3YN/A

6

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 4.47%, AMH is a good candidate for dividend investing.
  • AMH's Dividend Yield is comparable with the industry average which is at 42.55.
  • Compared to an average S&P500 Dividend Yield of 1.80, AMH pays a better dividend.
Industry RankSector Rank
Dividend Yield 4.47%

5.2 History

  • On average, the dividend of AMH grows each year by 22.99%, which is quite nice.
  • AMH has paid a dividend for at least 10 years, which is a reliable track record.
  • AMH has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)22.99%
Div Incr Years4
Div Non Decr Years11
AMH Yearly Dividends per shareAMH Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.2 0.4 0.6 0.8 1

5.3 Sustainability

  • AMH pays out 101.80% of its income as dividend. This is not a sustainable payout ratio.
  • The Dividend Rate of AMH has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP101.8%
EPS Next 2Y-20.31%
EPS Next 3YN/A
AMH Yearly Income VS Free CF VS DividendAMH Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -500M -1B
AMH Dividend Payout.AMH Dividend Payout, showing the Payout Ratio.AMH Dividend Payout.PayoutRetained Earnings

AMERICAN HOMES 4 RENT- A

NYSE:AMH (2/23/2026, 8:04:00 PM)

After market: 29.42 0 (0%)

29.42

-0.1 (-0.34%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryResidential REITs
Earnings (Last)02-19
Earnings (Next)04-29
Inst Owners90.26%
Inst Owner Change2.42%
Ins Owners5.99%
Ins Owner Change1.43%
Market Cap10.92B
Revenue(TTM)N/A
Net Income(TTM)437.21M
Analysts73.57
Price Target37.39 (27.09%)
Short Float %3.13%
Short Ratio2.78
Dividend
Industry RankSector Rank
Dividend Yield 4.47%
Yearly Dividend1.08
Dividend Growth(5Y)22.99%
DP101.8%
Div Incr Years4
Div Non Decr Years11
Ex-Date03-13
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)77.09%
Min EPS beat(2)68.13%
Max EPS beat(2)86.06%
EPS beat(4)4
Avg EPS beat(4)92.82%
Min EPS beat(4)68.13%
Max EPS beat(4)116.38%
EPS beat(8)8
Avg EPS beat(8)83.5%
EPS beat(12)12
Avg EPS beat(12)100.84%
EPS beat(16)16
Avg EPS beat(16)83.76%
Revenue beat(2)2
Avg Revenue beat(2)1.29%
Min Revenue beat(2)1.26%
Max Revenue beat(2)1.31%
Revenue beat(4)3
Avg Revenue beat(4)0.62%
Min Revenue beat(4)-1.37%
Max Revenue beat(4)1.31%
Revenue beat(8)6
Avg Revenue beat(8)0.39%
Revenue beat(12)9
Avg Revenue beat(12)0.39%
Revenue beat(16)10
Avg Revenue beat(16)0.16%
PT rev (1m)-0.99%
PT rev (3m)-5.37%
EPS NQ rev (1m)8.27%
EPS NQ rev (3m)4.05%
EPS NY rev (1m)4.89%
EPS NY rev (3m)10.75%
Revenue NQ rev (1m)0.86%
Revenue NQ rev (3m)0.17%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.11%
Valuation
Industry RankSector Rank
PE 22.29
Fwd PE 38.84
P/S 5.96
P/FCF N/A
P/OCF 13.29
P/B 1.52
P/tB 1.55
EV/EBITDA 16.5
EPS(TTM)1.32
EY4.49%
EPS(NY)0.76
Fwd EY2.57%
FCF(TTM)-1.79
FCFYN/A
OCF(TTM)2.21
OCFY7.52%
SpS4.94
BVpS19.3
TBVpS18.97
PEG (NY)N/A
PEG (5Y)0.61
Graham Number23.94
Profitability
Industry RankSector Rank
ROA 3.3%
ROE 6.11%
ROCE 3.59%
ROIC 2.84%
ROICexc 2.84%
ROICexgc 2.87%
OM 24.85%
PM (TTM) 23.87%
GM 56.7%
FCFM N/A
ROA(3y)2.63%
ROA(5y)2%
ROE(3y)4.88%
ROE(5y)3.67%
ROIC(3y)2.43%
ROIC(5y)2.3%
ROICexc(3y)2.45%
ROICexc(5y)2.32%
ROICexgc(3y)2.51%
ROICexgc(5y)2.36%
ROCE(3y)3.08%
ROCE(5y)2.91%
ROICexgc growth 3Y7.87%
ROICexgc growth 5Y4.66%
ROICexc growth 3Y7.74%
ROICexc growth 5Y4.65%
OM growth 3Y2.7%
OM growth 5Y2.51%
PM growth 3Y30.47%
PM growth 5Y24.86%
GM growth 3Y0.81%
GM growth 5Y0.84%
F-Score5
Asset Turnover0.14
Health
Industry RankSector Rank
Debt/Equity 0.68
Debt/FCF N/A
Debt/EBITDA 5.06
Cap/Depr 295.64%
Cap/Sales 81.1%
Interest Coverage 2.75
Cash Conversion 85.78%
Profit Quality N/A
Current Ratio 0.18
Quick Ratio 0.18
Altman-Z 1.25
F-Score5
WACC6.73%
ROIC/WACC0.42
Cap/Depr(3y)335.63%
Cap/Depr(5y)358.29%
Cap/Sales(3y)94.51%
Cap/Sales(5y)101.96%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)22.22%
EPS 3Y22.96%
EPS 5Y36.36%
EPS Q2Q%42.42%
EPS Next Y-42.61%
EPS Next 2Y-20.31%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%4.21%
Revenue Next Year3.96%
Revenue Next 2Y4.14%
Revenue Next 3Y7.14%
Revenue Next 5YN/A
EBIT growth 1Y-9.46%
EBIT growth 3Y12.82%
EBIT growth 5Y11.56%
EBIT Next Year131.67%
EBIT Next 3Y37.38%
EBIT Next 5Y29.1%
FCF growth 1Y-37.99%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y18.7%
OCF growth 3Y10.89%
OCF growth 5Y12.13%

AMERICAN HOMES 4 RENT- A / AMH FAQ

Can you provide the ChartMill fundamental rating for AMERICAN HOMES 4 RENT- A?

ChartMill assigns a fundamental rating of 4 / 10 to AMH.


What is the valuation status of AMERICAN HOMES 4 RENT- A (AMH) stock?

ChartMill assigns a valuation rating of 3 / 10 to AMERICAN HOMES 4 RENT- A (AMH). This can be considered as Overvalued.


What is the profitability of AMH stock?

AMERICAN HOMES 4 RENT- A (AMH) has a profitability rating of 6 / 10.


What are the PE and PB ratios of AMERICAN HOMES 4 RENT- A (AMH) stock?

The Price/Earnings (PE) ratio for AMERICAN HOMES 4 RENT- A (AMH) is 22.29 and the Price/Book (PB) ratio is 1.52.


Can you provide the financial health for AMH stock?

The financial health rating of AMERICAN HOMES 4 RENT- A (AMH) is 2 / 10.