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American Homes 4 Rent AMH Inland Empire, CA — Initial Cost to Company, Land

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Other financials

Income statement

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Revenue$472.0M+2.8%
Net income$148.8M+15.6%
EPS (diluted)$0.35+16.7%

Balance sheet

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Cash & equivalents$208.2M-4.9%
Total debt$5.1B+4.0%
Total equity$6.9B-3.2%
Total assets$13.2B-0.9%

Cash flow

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Operating cash flow$203.1M-9.1%
CapEx$9.4M+26.2%
Free cash flow$193.7M-10.3%

Valuation

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Market cap$12.44B-3.7%
Enterprise value$17.38B-1.4%
P/E23.3×-3.4×
P/S6.7×-0.5×

Profitability

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Net margin28.6%+2.1pp
FCF margin43%-2.5pp

Returns & leverage

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Return on equity7.6%+1.0pp
Debt / equity0.7×+0.1×

Where this comes from

Reported directly by American Homes 4 Rent in its filing.

Tagged under the XBRL concept us-gaap:RealEstateAndAccumulatedDepreciationInitialCostOfLand.

The source filing: American Homes 4 Rent’s 10-K, filed February 21, 2025.

Filed
Feb 21, 2025
Fiscal year
FY2024
Accession
0001562401-25-000013
(Amounts in thousands, except number of single-family homes) / Market(Amounts in thousands, except number of single-family homes) / Number of Single-Family Homes(Amounts in thousands, except number of single-family homes) / Gross Book Value of Encumbered AssetsInitial Cost to Company / LandInitial Cost to Company / Buildings and ImprovementsCost Capitalized Subsequent to Acquisition / LandCost Capitalized Subsequent to Acquisition / Buildings and ImprovementsTotal Costas of December 31, 2024 (1) / LandTotal Costas of December 31, 2024 (1) / Buildings and ImprovementsTotal Costas of December 31, 2024 (1) / TotalAccumulated DepreciationNet Cost BasisDate of Acquisition
Greenville, SC76076,31821,932112,93821,31321,932134,251156,183(41,781)114,4022013-2022
Houston, TX2,42184,21455,831318,09868,30855,831386,406442,237(129,392)312,8452012-2024
Indianapolis, IN3,054114,25191,838375,44688,48691,838463,932555,770(154,436)401,3342012-2024
Inland Empire, CA101,1041,1162451,1041,3612,465(464)2,0012014-2016
Jacksonville, FL3,29763,626114,869517,813119,256114,869637,069751,938(145,904)606,0342012-2024
Kansas City, MO1628,61740,038668,61740,10448,721(375)48,3462024
Knoxville, TN44218,04516,07680,37711,33516,07691,712107,788(27,747)80,0412013-2022
Las Vegas, NV2,550154,767483,791145,648154,767629,439784,206(100,001)684,2052011-2024

ITEM 16. FORM 10-K SUMMARY

FAQ

What is American Homes 4 Rent's inland empire, CA — initial cost to company, land?
American Homes 4 Rent (AMH) reported inland empire, CA — initial cost to company, land of $1.1M in Q4 2024.
What does inland empire, CA — initial cost to company, land mean?
This represents the original purchase price or acquisition cost allocated specifically to the land component of properties within a geographic segment. It excludes subsequent capital improvements and reflects the baseline investment in the underlying real estate. This is a key metric for assessing the historical cost basis of land holdings.

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