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Mid-America Apartment Communities logo
Mid-America Apartment CommunitiesMAA
$58.37M-19.6%
AvalonBay Communities logo
AvalonBay CommunitiesAVB
$59.45M+22.9%
Centerspace logo
CenterspaceCSR
$5.32M+5.4%
Realty Income logo
Realty IncomeO
$57.19M+118%
UMH
UMH PropertiesUMH
$33.51M+12.3%
Amrep logo
AmrepAXR
$3K-99.3%

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%
Free cash flow$193.7M-10.3%

Valuation

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Market cap$12.42B-3.7%
Enterprise value$17.36B-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:PaymentsForCapitalImprovements.

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
Proceeds from notes receivable related to the sale of properties5919
Investment in unconsolidated joint ventures(4,771)(3,336)
Distributions from unconsolidated entities2,812963
Renovations to single-family properties(9,409)(7,456)
Recurring and other capital expenditures for single-family properties(23,218)(30,942)
Cash paid for development activity(145,523)(193,696)
Other investing activities(7,383)(8,119)
Net cash provided by (used for) investing activities10,254(107,689)

Item 1. Financial Statements (Unaudited)

FAQ

What is American Homes 4 Rent's capex?
American Homes 4 Rent (AMH) reported capex of $9.41M in Q1 2026.
How has American Homes 4 Rent's capex changed year-over-year?
American Homes 4 Rent's capex increased by 26.2% year-over-year, from $7.46M to $9.41M.
What is the long-term trend for American Homes 4 Rent's capex?
Over 4 years (2021 to 2025), American Homes 4 Rent's capex has grown at a -3.9% compound annual growth rate (CAGR), from $47.68M to $40.65M.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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