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EV / sales at other companies

Invitation Homes logo
Invitation HomesINVH
8.8×-2.2×
Camden Property Trust logo
Camden Property TrustCPT
1,210.7×-879×
Mid-America Apartment Communities logo
Mid-America Apartment CommunitiesMAA
6.4×-2.5×
Equity Residential logo
Equity ResidentialEQR
7.8×-1.4×
AvalonBay Communities logo
AvalonBay CommunitiesAVB
10.7×-2.5×
Equity Lifestyle Properties logo
Equity Lifestyle PropertiesELS
7.7×-0.7×

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$11.41B-27.4%
Enterprise value$16.35B-19.4%
P/E21.4×-12.2×
P/S6.1×-2.8×

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

Calculated from American Homes 4 Rent’s reported figures.

Based on the most recent quarter.

The official record: American Homes 4 Rent’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is American Homes 4 Rent's EV / sales?
American Homes 4 Rent (AMH) reported EV / sales of 8.1× in Q1 2026.
How has American Homes 4 Rent's EV / sales changed year-over-year?
American Homes 4 Rent's EV / sales decreased by 23.7% year-over-year, from 10.6× to 8.1×.
What is the long-term trend for American Homes 4 Rent's EV / sales?
Over 5 years (2020 to 2025), American Homes 4 Rent's EV / sales has grown at a -3.2% compound annual growth rate (CAGR), from 10.7× to 9.1×.
What does EV / sales mean?
What the whole business costs relative to its annual sales.
How do you interpret EV / sales?
A fallback valuation gauge for pre-profit or cyclical firms. Like P/S, only comparable across similar-margin businesses, but it accounts for debt and cash unlike P/S.
How does EV / sales compare across companies?
Compare within a margin cohort; the debt-and-cash adjustment makes it cleaner than P/S for leveraged firms.