American Homes 4 Rent AMH
Real Estate Investment Trusts · IPO 2013 · data as of November 13, 2026
American Homes 4 Rent (AMH) is a real estate company listed in the US with a market value of about $13.2B. In the twelve months to September 30, 2026 it had revenue of $1.9B and net income of $448M, a net margin of 23.6%.
Its overall Stock Analiz score is 2.6 out of 5 (average). The strongest part is shareholder returns (4/5); the weakest is value (2/5).
Key numbers: a P/E of 26.6, a price to free cash flow of 15.9, 5-year revenue growth of 9% a year, a 5-year average ROIC of 2%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 22% below the current price.
Score: 2.6 / 5
Checks passed
- P/FCF below 20
- PEG below 1.5
- Profit margin improving
- 3-year free cash flow growth above 10% a year
- 5-year EPS growth above 10% a year
- 5-year revenue growth above 8% a year
- Profitable 5 years in a row
- Positive free cash flow
Checks not passed
- P/E below 25
- P/E below the industry median
- Price below intrinsic value (DCF, moderate assumptions)
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year average ROIC above 12%
- ROE above 15%
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.9B | $1.9B | $1.7B | $1.6B | $1.5B | $1.3B | $1.2B | $1.1B | $1.1B | $960M | $879M |
| Net income | $448M | $439M | $398M | $366M | $251M | $135M | $85M | $86M | $23M | -$22M | -$34M |
| Free cash flow | $833M | $824M | $777M | $699M | $567M | $548M | $457M | $436M | $359M | $338M | $239M |
| EPS (diluted) | $1.22 | $1.18 | $1.08 | $1.01 | $0.71 | $0.41 | $0.28 | $0.29 | $0.08 | $-0.08 | $-0.14 |
| Net margin | 23.6% | 23.7% | 23.1% | 22.6% | 16.8% | 10.4% | 7.2% | 7.5% | 2.2% | -2.3% | -3.8% |
| ROIC | — | 1.7% | 1.5% | 1.5% | — | — | — | — | — | — | — |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 22 analysts is $36.66, 13% above the current price; targets range from $31.00 to $42.00; the consensus rating is “Buy”; expected EPS is $0.56 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is American Homes 4 Rent’s P/E ratio?
About 26.6, based on the last twelve months of diluted earnings per share (forward P/E about 48.4).
Is American Homes 4 Rent stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 22% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does American Homes 4 Rent pay a dividend?
Yes. The dividend yield is about 4.07%, and it has paid dividends for 10 years in our data.
Is American Homes 4 Rent a good stock to buy?
We do not give buy or sell advice. American Homes 4 Rent scores 2.6 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.