AMERICAN HOMES 4 RENT- A (AMH) Fundamental Analysis & Valuation

NYSE:AMH • US02665T3068

29.9 USD
-0.09 (-0.3%)
At close: Mar 6, 2026
29.9 USD
0 (0%)
After Hours: 3/6/2026, 8:04:00 PM

This AMH fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

4

Taking everything into account, AMH scores 4 out of 10 in our fundamental rating. AMH was compared to 20 industry peers in the Residential REITs industry. AMH has a medium profitability rating, but doesn't score so well on its financial health evaluation. While showing a medium growth rate, AMH is valued expensive at the moment.


Dividend Valuation Growth Profitability Health

6

1. AMH Profitability Analysis

1.1 Basic Checks

  • AMH had positive earnings in the past year.
  • In the past year AMH had a positive cash flow from operations.
  • Each year in the past 5 years AMH has been profitable.
  • Each year in the past 5 years AMH 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 2025 0 500M -500M -1B

1.2 Ratios

  • AMH has a Return On Assets of 3.31%. This is comparable to the rest of the industry: AMH outperforms 60.00% of its industry peers.
  • AMH's Return On Equity of 6.22% is in line compared to the rest of the industry. AMH outperforms 55.00% of its industry peers.
  • AMH has a Return On Invested Capital of 2.86%. This is in the better half of the industry: AMH outperforms 65.00% of its industry peers.
  • AMH had an Average Return On Invested Capital over the past 3 years of 2.64%. This is in line with the industry average of 2.73%.
  • The last Return On Invested Capital (2.86%) for AMH is above the 3 year average (2.64%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 3.31%
ROE 6.22%
ROIC 2.86%
ROA(3y)3.05%
ROA(5y)2.49%
ROE(3y)5.67%
ROE(5y)4.62%
ROIC(3y)2.64%
ROIC(5y)2.46%
AMH Yearly ROA, ROE, ROICAMH Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2 4 6

1.3 Margins

  • AMH has a Profit Margin (23.66%) which is in line with its industry peers.
  • In the last couple of years the Profit Margin of AMH has grown nicely.
  • Looking at the Operating Margin, with a value of 25.08%, AMH is in the better half of the industry, outperforming 65.00% of the companies in the same industry.
  • AMH's Operating Margin has improved in the last couple of years.
  • With a Gross Margin value of 56.83%, AMH is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
  • AMH's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 25.08%
PM (TTM) 23.66%
GM 56.83%
OM growth 3Y4.12%
OM growth 5Y4.1%
PM growth 3Y12.15%
PM growth 5Y26.69%
GM growth 3Y0.85%
GM growth 5Y1.05%
AMH Yearly Profit, Operating, Gross MarginsAMH Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 40

2

2. AMH Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so AMH is destroying value.
  • The number of shares outstanding for AMH has been reduced compared to 1 year ago.
  • Compared to 5 years ago, AMH has more shares outstanding
  • Compared to 1 year ago, AMH has a worse debt to assets ratio.
AMH Yearly Shares OutstandingAMH Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 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 2025 2B 4B 6B 8B 10B

2.2 Solvency

  • AMH has an Altman-Z score of 1.26. This is a bad value and indicates that AMH is not financially healthy and even has some risk of bankruptcy.
  • AMH's Altman-Z score of 1.26 is fine compared to the rest of the industry. AMH outperforms 65.00% of its industry peers.
  • AMH has a Debt/Equity ratio of 0.72. This is a neutral value indicating AMH is somewhat dependend on debt financing.
  • The Debt to Equity ratio of AMH (0.72) is better than 90.00% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.72
Debt/FCF N/A
Altman-Z 1.26
ROIC/WACC0.42
WACC6.88%
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 2025 0 2B 4B 6B

2.3 Liquidity

  • AMH has a Current Ratio of 0.35. This is a bad value and indicates that AMH is not financially healthy enough and could expect problems in meeting its short term obligations.
  • AMH has a Current ratio (0.35) which is comparable to the rest of the industry.
  • A Quick Ratio of 0.35 indicates that AMH may have some problems paying its short term obligations.
  • The Quick ratio of AMH (0.35) is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 0.35
Quick Ratio 0.35
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 2025 200M 400M 600M 800M 1B

4

3. AMH Growth Analysis

3.1 Past

  • AMH shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 9.26%, which is quite good.
  • AMH shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 33.34% yearly.
  • The Revenue for AMH has decreased by -14.03% in the past year. This is quite bad
  • The Revenue has been growing by 9.55% on average over the past years. This is quite good.
EPS 1Y (TTM)9.26%
EPS 3Y18.45%
EPS 5Y33.34%
EPS Q2Q%0%
Revenue 1Y (TTM)-14.03%
Revenue growth 3Y7.47%
Revenue growth 5Y9.55%
Sales Q2Q%4.21%

3.2 Future

  • AMH is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -15.71% yearly.
  • Based on estimates for the next years, AMH will show a small growth in Revenue. The Revenue will grow by 7.14% on average per year.
EPS Next Y-35.81%
EPS Next 2Y-15.71%
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.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
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
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 2028 0 0.5 1

2

4. AMH Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 25.34, which means the current valuation is very expensive for AMH.
  • Based on the Price/Earnings ratio, AMH is valued a bit cheaper than the industry average as 75.00% of the companies are valued more expensively.
  • Compared to an average S&P500 Price/Earnings ratio of 26.29, AMH is valued at the same level.
  • With a Price/Forward Earnings ratio of 39.47, AMH can be considered very expensive at the moment.
  • 80.00% of the companies in the same industry are more expensive than AMH, based on the Price/Forward Earnings ratio.
  • When comparing the Price/Forward Earnings ratio of AMH to the average of the S&P500 Index (24.57), we can say AMH is valued expensively.
Industry RankSector Rank
PE 25.34
Fwd PE 39.47
AMH Price Earnings VS Forward Price EarningsAMH Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, AMH is valued a bit cheaper than the industry average as 80.00% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 16.64
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.
  • AMH's earnings are expected to decrease with -15.71% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.76
EPS Next 2Y-15.71%
EPS Next 3YN/A

6

5. AMH Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 4.40%, AMH is a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 44.32, AMH has a dividend in line with its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.82, AMH pays a better dividend.
Industry RankSector Rank
Dividend Yield 4.4%

5.2 History

  • On average, the dividend of AMH grows each year by 27.16%, 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)27.16%
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

  • 105.15% of the earnings are spent on dividend by AMH. 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.
DP105.15%
EPS Next 2Y-15.71%
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 2025 0 -500M -1B
AMH Dividend Payout.AMH Dividend Payout, showing the Payout Ratio.AMH Dividend Payout.PayoutRetained Earnings

AMH Fundamentals: All Metrics, Ratios and Statistics

AMERICAN HOMES 4 RENT- A

NYSE:AMH (3/6/2026, 8:04:00 PM)

After market: 29.9 0 (0%)

29.9

-0.09 (-0.3%)

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 Owners92.66%
Inst Owner Change2.42%
Ins Owners6.15%
Ins Owner Change1.39%
Market Cap10.88B
Revenue(TTM)1.85B
Net Income(TTM)437.70M
Analysts73.57
Price Target36.9 (23.41%)
Short Float %2.26%
Short Ratio1.7
Dividend
Industry RankSector Rank
Dividend Yield 4.4%
Yearly Dividend1.25
Dividend Growth(5Y)27.16%
DP105.15%
Div Incr Years4
Div Non Decr Years11
Ex-Date03-13
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)74.82%
Min EPS beat(2)68.13%
Max EPS beat(2)81.52%
EPS beat(4)4
Avg EPS beat(4)84.1%
Min EPS beat(4)68.13%
Max EPS beat(4)100.7%
EPS beat(8)8
Avg EPS beat(8)86.65%
EPS beat(12)12
Avg EPS beat(12)98.23%
EPS beat(16)16
Avg EPS beat(16)87.02%
Revenue beat(2)1
Avg Revenue beat(2)0.13%
Min Revenue beat(2)-0.99%
Max Revenue beat(2)1.26%
Revenue beat(4)3
Avg Revenue beat(4)0.72%
Min Revenue beat(4)-0.99%
Max Revenue beat(4)1.31%
Revenue beat(8)6
Avg Revenue beat(8)0.35%
Revenue beat(12)9
Avg Revenue beat(12)0.44%
Revenue beat(16)10
Avg Revenue beat(16)0.29%
PT rev (1m)-2.3%
PT rev (3m)-6.61%
EPS NQ rev (1m)-1.79%
EPS NQ rev (3m)0.76%
EPS NY rev (1m)1.87%
EPS NY rev (3m)1.05%
Revenue NQ rev (1m)-0.67%
Revenue NQ rev (3m)-0.58%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.36%
Valuation
Industry RankSector Rank
PE 25.34
Fwd PE 39.47
P/S 6
P/FCF N/A
P/OCF 12.84
P/B 1.58
P/tB 1.61
EV/EBITDA 16.64
EPS(TTM)1.18
EY3.95%
EPS(NY)0.76
Fwd EY2.53%
FCF(TTM)-0.43
FCFYN/A
OCF(TTM)2.33
OCFY7.79%
SpS4.99
BVpS18.95
TBVpS18.63
PEG (NY)N/A
PEG (5Y)0.76
Graham Number22.43
Profitability
Industry RankSector Rank
ROA 3.31%
ROE 6.22%
ROCE 3.62%
ROIC 2.86%
ROICexc 2.89%
ROICexgc 2.92%
OM 25.08%
PM (TTM) 23.66%
GM 56.83%
FCFM N/A
ROA(3y)3.05%
ROA(5y)2.49%
ROE(3y)5.67%
ROE(5y)4.62%
ROIC(3y)2.64%
ROIC(5y)2.46%
ROICexc(3y)2.67%
ROICexc(5y)2.48%
ROICexgc(3y)2.71%
ROICexgc(5y)2.52%
ROCE(3y)3.34%
ROCE(5y)3.11%
ROICexgc growth 3Y8.2%
ROICexgc growth 5Y6.68%
ROICexc growth 3Y8.65%
ROICexc growth 5Y6.82%
OM growth 3Y4.12%
OM growth 5Y4.1%
PM growth 3Y12.15%
PM growth 5Y26.69%
GM growth 3Y0.85%
GM growth 5Y1.05%
F-Score6
Asset Turnover0.14
Health
Industry RankSector Rank
Debt/Equity 0.72
Debt/FCF N/A
Debt/EBITDA 5.26
Cap/Depr 203.01%
Cap/Sales 55.34%
Interest Coverage 2.69
Cash Conversion 89.25%
Profit Quality N/A
Current Ratio 0.35
Quick Ratio 0.35
Altman-Z 1.26
F-Score6
WACC6.88%
ROIC/WACC0.42
Cap/Depr(3y)262.39%
Cap/Depr(5y)342.14%
Cap/Sales(3y)72.64%
Cap/Sales(5y)96.41%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)9.26%
EPS 3Y18.45%
EPS 5Y33.34%
EPS Q2Q%0%
EPS Next Y-35.81%
EPS Next 2Y-15.71%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-14.03%
Revenue growth 3Y7.47%
Revenue growth 5Y9.55%
Sales Q2Q%4.21%
Revenue Next Year3.96%
Revenue Next 2Y4.14%
Revenue Next 3Y7.14%
Revenue Next 5YN/A
EBIT growth 1Y-9.35%
EBIT growth 3Y11.9%
EBIT growth 5Y14.04%
EBIT Next Year118.56%
EBIT Next 3Y35.42%
EBIT Next 5YN/A
FCF growth 1Y77.69%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y6.51%
OCF growth 3Y9.1%
OCF growth 5Y12.76%

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 2 / 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 25.34 and the Price/Book (PB) ratio is 1.58.


Can you provide the financial health for AMH stock?

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