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American Homes 4 Rent AMH Business Segments — Core revenues

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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 amh:CoreRevenues.

The source filing: American Homes 4 Rent’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 4:23 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001562401-26-000032
Line itemFor the Three Months Ended March 31, 2026For the Three Months Ended March 31, 2025
Core revenues$406,124$395,415
Core property operating expenses
Property tax expense68,18066,940
HOA fees, net of tenant charge-backs6,8336,814
Repairs and maintenance and turnover costs, net of tenant charge-backs25,58927,281
Insurance4,5514,931
Property management expenses, net of tenant charge-backs and excluding noncash share-based compensation29,81930,638
Total core property operating expenses134,972136,604

Item 1. Financial Statements (Unaudited)

FAQ

What is American Homes 4 Rent's business segments — core revenues?
American Homes 4 Rent (AMH) reported business segments — core revenues of $406.12M in Q1 2026.
How has American Homes 4 Rent's business segments — core revenues changed year-over-year?
American Homes 4 Rent's business segments — core revenues increased by 2.7% year-over-year, from $395.42M to $406.12M.
What is the long-term trend for American Homes 4 Rent's business segments — core revenues?
Over 3 years (2022 to 2025), American Homes 4 Rent's business segments — core revenues has grown at a 7.7% compound annual growth rate (CAGR), from $1.29B to $1.61B.
What does business segments — core revenues mean?
The total income generated from the primary business operations of the segment, excluding non-recurring or peripheral items. This reflects the core top-line performance of the company's rental property portfolio.

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