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American Homes 4 Rent AMH Business Segments — Cost of Goods Sold

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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:CostOfGoodsAndServicesSold.

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
Property operating expenses
Property tax expense$68,180$66,940
HOA fees6,8336,814
Repairs and maintenance and turnover costs89,14588,845
Insurance4,5514,931
Total property operating expenses$168,709$167,530

Item 1. Financial Statements (Unaudited)

FAQ

What is American Homes 4 Rent's business segments — cost of goods sold?
American Homes 4 Rent (AMH) reported business segments — cost of goods sold of $168.71M in Q1 2026.
How has American Homes 4 Rent's business segments — cost of goods sold changed year-over-year?
American Homes 4 Rent's business segments — cost of goods sold increased by 0.7% year-over-year, from $167.53M to $168.71M.
What is the long-term trend for American Homes 4 Rent's business segments — cost of goods sold?
Over 3 years (2022 to 2025), American Homes 4 Rent's business segments — cost of goods sold has grown at a 6.3% compound annual growth rate (CAGR), from $552.09M to $663.95M.
What does business segments — cost of goods sold mean?
Represents the direct costs attributable to the production or delivery of services within the primary business segment. This includes expenses directly tied to property maintenance, repairs, and service delivery for the rental portfolio.

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