American Homes 4 Rent profit margin AMH
Gross, operating and net profit as a share of revenue over the last twelve months, from 2013.
- Net margin, 12 months
- 25.5%
- Net margin on a year earlier
- +1.8 pts
- Peer median
- 28.5%
Over the twelve months to Jun 30, 2026, American Homes 4 Rent kept 25.5% of its revenue as net profit and a gross margin of 57.3%.
Five years earlier its net margin was 13.8%.
The median for 10 specialty REITs of a similar size is 28.5%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Gross margin |
|---|---|---|
| FY2025 | 24.5% | 56.8% |
| FY2024 | 23.9% | 56.3% |
| FY2023 | 23.4% | 55.5% |
| FY2022 | 18.3% | 55.4% |
| FY2021 | 14.5% | 55.0% |
| FY2020 | 12.0% | 53.9% |
| FY2019 | 8.7% | 54.5% |
| FY2018 | 2.2% | 54.6% |
| FY2017 | −2.3% | n/a |
| FY2016 | −3.8% | n/a |
| FY2015 | −13.4% | n/a |
| FY2014 | −12.0% | n/a |
| FY2013 | −23.2% | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year |
|---|---|---|---|
| Q2 FY26 | 25.5% | +1.8 pts | |
| Q1 FY26 | 25.3% | +1.9 pts | |
| Q4 FY25 | 24.5% | +0.6 pts | |
| Q3 FY25 | 24.7% | +3.2 pts | |
| Q2 FY25 | 23.7% | +1.9 pts | |
| Q1 FY25 | 23.4% | +0.9 pts | |
| Q4 FY24 | 23.9% | +0.4 pts | |
| Q3 FY24 | 21.5% | −3.0 pts | |
| Q2 FY24 | 21.8% | −1.7 pts | |
| Q1 FY24 | 22.6% | +0.9 pts | |
| Q4 FY23 | 23.4% | +5.1 pts | |
| Q3 FY23 | 24.5% | +8.2 pts |
Against its peers
Companies in REIT - Specialty nearest American Homes 4 Rent's size, closest first, today.
| Company | Profit margin |
|---|---|
| AMHAmerican Homes 4 Rent | 25.5% |
| GLPIGaming & Leisure Properties | 58.5% |
| UDRUDR | 30.4% |
| AHRAmerican Healthcare REIT | 5.2% |
| ELSEquity Lifestyle Properties | 26.6% |
| EGPEastgroup Properties | 40.5% |
| AGNCAGNC Investment | n/m |
| CPTCamden Property Trust | n/m |
| DOCHealthpeak Properties | 8.2% |
| BXPBXP | 8.4% |
| REGRegency Centers | 34.4% |
| Peer median | 28.5% |
Where American Homes 4 Rent ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on American Homes 4 Rent
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.