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American Homes 4 Rent AMH Investment properties, at cost

Investment properties, at cost at other companies

Invitation Homes logo
Invitation HomesINVH
$22.76B+2.4%
Mid-America Apartment Communities logo
Mid-America Apartment CommunitiesMAA
$17.58B+4.2%
Equity Residential logo
Equity ResidentialEQR
$30.44B-0.4%
AvalonBay Communities logo
AvalonBay CommunitiesAVB
$28.28B+4.4%
Centerspace logo
CenterspaceCSR
$2.52B+1.4%
Realty Income logo
Realty IncomeO
$64.58B+6.3%

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

Valuation

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Market cap$12.46B-1.8%
Enterprise value$17.4B0.0%
P/E23.4×-2.9×
P/S6.7×-0.4×

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:RealEstateInvestmentPropertyAtCost.

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 itemMarch 31, 2026December 31, 2025
Single-family properties:
Land$2,418,410$2,406,467
Buildings and improvements12,058,73211,971,961
Single-family properties in operation14,477,14214,378,428
Less: accumulated depreciation(3,443,333)(3,366,795)
Single-family properties in operation, net11,033,80911,011,633
Single-family properties under development and development land1,139,1791,233,586
Single-family properties and land held for sale, net235,549225,861

Item 1. Financial Statements (Unaudited)

FAQ

What is American Homes 4 Rent's investment properties, at cost?
American Homes 4 Rent (AMH) reported investment properties, at cost of $14.48B in Q1 2026.
How has American Homes 4 Rent's investment properties, at cost changed year-over-year?
American Homes 4 Rent's investment properties, at cost increased by 2.9% year-over-year, from $14.07B to $14.48B.
What is the long-term trend for American Homes 4 Rent's investment properties, at cost?
Over 5 years (2020 to 2025), American Homes 4 Rent's investment properties, at cost has grown at a 7.5% compound annual growth rate (CAGR), from $10B to $14.38B.
What does investment properties, at cost mean?
The total historical cost of all real estate assets held specifically for the purpose of generating rental income or capital appreciation. This excludes assets held for operational use by the company itself.

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