American Homes 4 Rent (AMH) stock
AMHNYSEReal Estate Investment TrustsFiscal year ends December 31Also trades as AMH.PG, AMH.PH
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 31, 2026Score 8/3026% below fair value
$31.60+0.04 (+0.13%)
Close on Oct 30, 2026Market cap $11.37BP/E 26.8Yield 3.80%
Earnings
American Homes 4 Rent's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.
Next report
Oct 28, 2026
Q3 FY2026 · estimated, during market hours
Revenue, Q2 FY2026
$470.10M
+2.8% on a year earlier
Core FFO attributable to common share and unit holders per FFO share and unit, Q2 FY2026
$0.49
$0.47 a year earlier
Latest guidance
Raised
Jul 30, 2026 · 11 items
Quarterly results
Revenue and earnings per share from each of American Homes 4 Rent's earnings releases, newest first
| Quarter | Reported | Revenue | YoY | EPS | Adj. EPS | Source |
|---|---|---|---|---|---|---|
| Q3 FY2026ended Sep 30, 2026 | Oct 28, 2026Expected | – | – | – | – | – |
| Q2 FY2026ended Jun 30, 2026 | Jul 30, 2026during market hours | $470.10M | +2.8% | $0.31 | $0.49 | Release |
| Q1 FY2026ended Mar 31, 2026 | May 6, 2026during market hours | $472.00M | +2.8% | $0.35 | $0.48 | Release |
| Q4 FY2025ended Dec 31, 2025 | Feb 19, 2026during market hours | $455.00M | +4.2% | $0.33 | $0.47 | Release |
| Q3 FY2025ended Sep 30, 2025 | Oct 29, 2025during market hours | $478.50M | +7.5% | $0.27 | $0.47 | Release |
| Q2 FY2025ended Jun 30, 2025 | Jul 31, 2025during market hours | $457.50M | +8.0% | $0.28 | $0.47 | Release |
| Q1 FY2025ended Mar 31, 2025 | May 1, 2025during market hours | $459.30M | +8.4% | $0.30 | – | Release |
| Q4 FY2024ended Dec 31, 2024 | Feb 20, 2025during market hours | $436.60M | +6.8% | $0.33 | $0.45 | Release |
| Q3 FY2024ended Sep 30, 2024 | Oct 29, 2024during market hours | $445.10M | +5.5% | $0.20 | $0.44 | Release |
| Q2 FY2024ended Jun 30, 2024 | Aug 1, 2024during market hours | $423.50M | +7.1% | $0.25 | $0.45 | Release |
| Q1 FY2024ended Mar 31, 2024 | May 2, 2024during market hours | $423.60M | +6.5% | $0.30 | $0.43 | Release |
| Q4 FY2023ended Dec 31, 2023 | Feb 22, 2024during market hours | $408.70M | +7.3% | $0.21 | $0.43 | Release |
| Q3 FY2023ended Sep 30, 2023 | Nov 2, 2023during market hours | $421.70M | +7.7% | $0.20 | $0.41 | Release |
| Q2 FY2023ended Jun 30, 2023 | Jul 27, 2023during market hours | $395.50M | +9.3% | $0.27 | $0.41 | Release |
| Q1 FY2023ended Mar 31, 2023 | May 4, 2023during market hours | $397.70M | +11.7% | $0.32 | $0.41 | Release |
| Q4 FY2022ended Dec 31, 2022 | Feb 23, 2023during market hours | $380.90M | +12.7% | $0.25 | $0.40 | Release |
| Q3 FY2022ended Sep 30, 2022 | Nov 3, 2022during market hours | $391.60M | +15.3% | $0.14 | $0.39 | Release |
| Q2 FY2022ended Jun 30, 2022 | Aug 4, 2022during market hours | $361.90M | – | $0.16 | $0.38 | Release |
| Q1 FY2022ended Mar 31, 2022 | May 5, 2022during market hours | $356.10M | – | $0.16 | $0.38 | Release |
| Q4 FY2021ended Dec 31, 2021 | Feb 24, 2022during market hours | $338.10M | – | $0.14 | $0.37 | Release |
| Q3 FY2021ended Sep 30, 2021 | Nov 4, 2021during market hours | $339.60M | – | $0.11 | $0.35 | Release |
| Q2 FY2021ended Jun 30, 2021 | Aug 5, 2021during market hours | – | – | – | – | Release |
| Q1 FY2021ended Mar 31, 2021 | May 6, 2021during market hours | – | – | – | – | Release |
| Q4 FY2020ended Dec 31, 2020 | Feb 25, 2021during market hours | – | – | – | – | Release |
| Q3 FY2020ended Sep 30, 2020 | Nov 5, 2020during market hours | – | – | – | – | Release |
| Q2 FY2020ended Jun 30, 2020 | Aug 6, 2020during market hours | – | – | – | – | Release |
Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.
Current guidance
American Homes 4 Rent's latest outlook for periods it has not reported yet, compared with what it said before
| Metric | Period | Guidance | Before | Change | Given |
|---|---|---|---|---|---|
| Same-Home Core revenues growthnon-GAAP | FY2026 | +1.5% – +3% | – | New | Jul 30, 2026 |
| Core FFO attributable to common share and unit holdersnon-GAAP | FY2026 | $1.93 – $1.97 | – | New | Jul 30, 2026 |
| Wholly owned development deliveries Investment | FY2026 | $500.00M – $600.00M | $500.00M – $600.00M | Lowered | Jul 30, 2026 |
| Core FFO attributable to common share and unit holders growthnon-GAAP | FY2026 | +3.2% – +5.3% | – | New | Jul 30, 2026 |
| JV development deliveries (1) | FY2026 | 400 – 600 | – | Lowered | Jul 30, 2026 |
| Same-Home Core NOI growthnon-GAAP | FY2026 | +1.4% – +3.4% | – | Raised | Jul 30, 2026 |
| Same-Home Core property operating expenses growthnon-GAAP | FY2026 | +1.25% – +2.75% | – | Lowered | Jul 30, 2026 |
| Total gross capital investment (1) Properties | FY2026 | 1700 – 2100 | – | Raised | Jul 30, 2026 |
| Wholly owned development deliveries | FY2026 | 1300 – 1500 | – | New | Jul 30, 2026 |
Guidance vs results
The last range American Homes 4 Rent gave before each report, against the figure it then reported. Full years add up the four quarters.
| Period | Metric | Guidance | Actual | Result |
|---|---|---|---|---|
| FY2025 | Revenue growth | +3.25% – +4.25% | +7.03%Σ4Q | Above range |
Guidance history
Every forecast American Homes 4 Rent put in an earnings release, newest first
| Given | Metric | Period | Guidance | Change |
|---|---|---|---|---|
| Jul 30, 2026 | Wholly owned development deliveries Investment | FY2026 | $500.00M – $600.00M | Lowered |
| Jul 30, 2026 | JV development deliveries (1) Investment | FY2026 | $150.00M – $250.00M | Lowered |
| Jul 30, 2026 | Total gross capital investment (1) Investment | FY2026 | $650.00M – $850.00M | Raised |
| Jul 30, 2026 | Core FFO attributable to common share and unit holders | FY2026 | $1.93 – $1.97 | New |
| Jul 30, 2026 | Wholly owned development deliveries | FY2026 | 1300 – 1500 | New |
| Jul 30, 2026 | JV development deliveries (1) | FY2026 | 400 – 600 | Lowered |
| Jul 30, 2026 | Total gross capital investment (1) Properties | FY2026 | 1700 – 2100 | Raised |
| Jul 30, 2026 | Core FFO attributable to common share and unit holders growth | FY2026 | +3.2% – +5.3% | New |
| Jul 30, 2026 | Same-Home Core property operating expenses growth | FY2026 | +1.25% – +2.75% | Lowered |
| Jul 30, 2026 | Same-Home Core NOI growth | FY2026 | +1.4% – +3.4% | Raised |
| Jul 30, 2026 | Same-Home Core revenues growth | FY2026 | +1.5% – +3% | New |
| May 6, 2026 | Wholly owned development deliveries investment | FY2026 | $500.00M – $600.00M | New |
| May 6, 2026 | JV development deliveries investment | FY2026 | $150.00M – $250.00M | Lowered |
| May 6, 2026 | Total gross capital investment | FY2026 | $650.00M – $850.00M | Raised |
| Oct 29, 2025 | Wholly owned development deliveries (investment) | FY2025 | $700.00M – $800.00M | New |
| Oct 29, 2025 | Development pipeline, pro rata share of JV and Property Enhancing Capex | FY2025 | $100.00M – $200.00M | Lowered |
| Oct 29, 2025 | Total capital investment (wholly owned and pro rata JV) | FY2025 | $800.00M – $1.00B | Raised |
| Oct 29, 2025 | Total gross capital investment (JVs at 100%) | FY2025 | $1.00B – $1.20B | Raised |
| Oct 29, 2025 | Wholly owned development deliveries (properties) | FY2025 | 1800 – 2000 | New |
| Oct 29, 2025 | Total capital investment (wholly owned and pro rata JV) (properties) | FY2025 | 1800 – 2000 | Reaffirmed |
| Oct 29, 2025 | Total gross capital investment (JVs at 100%) (properties) | FY2025 | 2200 – 2400 | Raised |
| Oct 29, 2025 | Core FFO attributable to common share and unit holders growth | FY2025 | +5.1% – +6.2% | New |
| Oct 29, 2025 | Same-Home Core property operating expenses growth | FY2025 | +2.75% – +3.75% | Lowered |
| Oct 29, 2025 | Same-Home Core NOI growth | FY2025 | +3.5% – +4.5% | Raised |
| Oct 29, 2025 | Core FFO attributable to common share and unit holders | FY2025 | $1.86 – $1.88 | New |
| Oct 29, 2025 | Same-Home Core revenues growth | FY2025 | +3.25% – +4.25% | New |
| Feb 20, 2025 | Wholly owned development deliveries Investment | FY2025 | $700.00M – $800.00M | New |
| Feb 20, 2025 | Development pipeline, pro rata share of JV and Property Enhancing Capex | FY2025 | $100.00M – $200.00M | Lowered |
| Feb 20, 2025 | Total capital investment (wholly owned and pro rata JV) | FY2025 | $800.00M – $1.00B | Raised |
| Feb 20, 2025 | Total gross capital investment (JVs at 100%) | FY2025 | $1.00B – $1.20B | Raised |
| Feb 20, 2025 | Core FFO attributable to common share and unit holders growth | FY2025 | +1.7% – +5.1% | New |
| Feb 20, 2025 | Core FFO attributable to common share and unit holders | FY2025 | $1.80 – $1.86 | New |
| Feb 20, 2025 | Same-Home Core NOI growth | FY2025 | +2.25% – +4.25% | New |
| Feb 20, 2025 | Wholly owned development deliveries | FY2025 | 1800 – 2000 | New |
| Feb 20, 2025 | Total capital investment (wholly owned and pro rata JV) Properties | FY2025 | 1800 – 2000 | Reaffirmed |
| Feb 20, 2025 | Total gross capital investment (JVs at 100%) Properties | FY2025 | 2200 – 2400 | Raised |
| Feb 20, 2025 | Property tax growth | FY2025 | +3.5% – +5.5% | New |
| Feb 20, 2025 | All other core property operating expenses growth, excluding property taxes | FY2025 | +2.5% – +4.5% | Lowered |
| Feb 20, 2025 | Same-Home Core property operating expenses growth | FY2025 | +3% – +5% | New |
| Feb 20, 2025 | Recycled capital from dispositions | FY2025 | $400.00M – $500.00M | New |
| Feb 20, 2025 | Same-Home Core revenues growth | FY2025 | +2.5% – +4.5% | New |
| Oct 29, 2024 | Wholly owned development deliveries Investment | FY2024 | $700.00M – $800.00M | Lowered |
| Oct 29, 2024 | Wholly owned land and development pipeline Investment | FY2024 | $100.00M – $150.00M | Lowered |
| Oct 29, 2024 | Pro rata share of JV and Property Enhancing Capex Investment | FY2024 | $100.00M – $150.00M | Reaffirmed |
| Oct 29, 2024 | Total capital investment (wholly owned and pro rata JV) Investment | FY2024 | $1.40B – $1.60B | Raised |
| Oct 29, 2024 | Total gross capital investment (JVs at 100%) Investment | FY2024 | $1.60B – $1.80B | Raised |
| Oct 29, 2024 | hurricane-related charge | Q4 FY2024 | $3.00M – $4.00M | New |
| Oct 29, 2024 | Wholly owned development deliveries Properties | FY2024 | 1825 – 1975 | Reaffirmed |
| Oct 29, 2024 | Total capital investment (wholly owned and pro rata JV) Properties | FY2024 | 3525 – 3725 | Raised |
| Oct 29, 2024 | Total gross capital investment (JVs at 100%) Properties | FY2024 | 3900 – 4150 | Raised |
| Aug 1, 2024 | Total capital investment (wholly owned and pro rata JV) | FY2024 | $900.00M – $1.10B | Reaffirmed |
| Aug 1, 2024 | Core revenues growth | FY2024 | +4.25% – +5.75% | Raised |
| Aug 1, 2024 | Core FFO attributable to common share and unit holders | FY2024 | $1.74 – $1.78 | Raised |
| Aug 1, 2024 | Core NOI growth | FY2024 | +3.5% – +5.5% | Raised |
| Aug 1, 2024 | Wholly owned development deliveries | FY2024 | 1825 – 1975 | New |
| Aug 1, 2024 | Core property operating expenses growth | FY2024 | +5.25% – +6.75% | Lowered |
| May 2, 2024 | Total capital investment (wholly owned and pro rata JV) | FY2024 | $900.00M – $1.10B | New |
| May 2, 2024 | Core revenues growth | FY2024 | +3.75% – +5.75% | Reaffirmed |
| May 2, 2024 | Core FFO attributable to common share and unit holders | FY2024 | $1.70 – $1.76 | Reaffirmed |
| May 2, 2024 | Core NOI growth | FY2024 | +3% – +5% | Reaffirmed |
| May 2, 2024 | Core property operating expenses growth | FY2024 | +5.25% – +7.25% | Reaffirmed |
| Feb 22, 2024 | Total capital investment (wholly owned and pro rata JV) | FY2024 | $900.00M – $1.10B | New |
| Feb 22, 2024 | Core revenues growth | FY2024 | +3.75% – +5.75% | New |
| Feb 22, 2024 | Core FFO attributable to common share and unit holders | FY2024 | $1.70 – $1.76 | New |
| Feb 22, 2024 | Core NOI growth | FY2024 | +3% – +5% | New |
| Feb 22, 2024 | Core property operating expenses growth | FY2024 | +5.25% – +7.25% | New |
| Nov 2, 2023 | Total capital investment (wholly owned and pro rata JV) | FY2023 | $800.00M – $1.00B | Lowered |
| Nov 2, 2023 | Core revenues growth | FY2023 | +6% – +7% | Narrowed |
| Nov 2, 2023 | Core FFO attributable to common share and unit holders | FY2023 | $1.64 – $1.66 | Raised |
| Nov 2, 2023 | Core NOI growth | FY2023 | +4.4% – +5.4% | Narrowed |
| Nov 2, 2023 | Core property operating expenses growth | FY2023 | +9% – +10% | Narrowed |
| Jul 27, 2023 | Total capital investment (wholly owned and pro rata JV) | FY2023 | $800.00M – $1.00B | Reaffirmed |
| Jul 27, 2023 | Total gross capital investment (JVs at 100%) | FY2023 | $1.00B – $1.20B | Raised |
| Jul 27, 2023 | Core revenues growth | FY2023 | +5.75% – +7.25% | Raised |
| Jul 27, 2023 | Core FFO attributable to common share and unit holders | FY2023 | $1.62 – $1.66 | Raised |
| Jul 27, 2023 | Core NOI growth | FY2023 | +4% – +5.5% | Raised |
| Jul 27, 2023 | Core FFO attributable to common share and unit holders growth | FY2023 | +5.2% – +7.8% | Lowered |
| Jul 27, 2023 | Core property operating expenses growth | FY2023 | +8.75% – +10.75% | Raised |
| May 4, 2023 | Total capital investment (wholly owned and pro rata JV) | FY2023 | $800.00M – $1.00B | New |
| May 4, 2023 | Core revenues growth | FY2023 | +5% – +7% | Reaffirmed |
| May 4, 2023 | Core FFO attributable to common share and unit holders | FY2023 | $1.58 – $1.64 | Reaffirmed |
| May 4, 2023 | Core NOI growth | FY2023 | +3% – +5% | Reaffirmed |
| May 4, 2023 | Total capital investment (wholly owned and pro rata JV) | FY2023 | 1775 – 1925 | New |
| May 4, 2023 | Wholly owned development deliveries | FY2023 | 1775 – 1925 | Reaffirmed |
| May 4, 2023 | Total gross capital investment (JVs at 100%) | FY2023 | 2200 – 2400 | Raised |
| May 4, 2023 | Core FFO attributable to common share and unit holders growth | FY2023 | +2.5% – +6.5% | Lowered |
| May 4, 2023 | Core property operating expenses growth | FY2023 | +8.75% – +10.75% | Raised |
| May 4, 2023 | Wholly owned development deliveries | FY2023 | $600.00M – $700.00M | New |
| May 4, 2023 | Wholly owned land and development pipeline | FY2023 | $100.00M – $150.00M | Lowered |
| May 4, 2023 | Pro rata share of JV and Property Enhancing Capex | FY2023 | $100.00M – $150.00M | Reaffirmed |
| May 4, 2023 | Total gross capital investment (JVs at 100%) | FY2023 | $1.00B – $1.20B | Raised |
| Feb 23, 2023 | Total capital investment (wholly owned and pro rata JV) | FY2023 | $800.00M – $1.00B | New |
| Feb 23, 2023 | Core revenues growth | FY2023 | +5% – +7% | New |
| Feb 23, 2023 | Core FFO attributable to common share and unit holders | FY2023 | $1.58 – $1.64 | New |
| Feb 23, 2023 | Core NOI growth | FY2023 | +3% – +5% | New |
| Feb 23, 2023 | Core property operating expenses growth | FY2023 | +8.75% – +10.75% | New |
| Nov 3, 2022 | Total capital investment (wholly owned and pro rata JV) | FY2022 | $1.35B – $1.65B | Lowered |
| Nov 3, 2022 | Core revenues growth | FY2022 | +8% – +9% | Narrowed |
| Nov 3, 2022 | Core FFO attributable to common share and unit holders | FY2022 | $1.52 – $1.56 | Lowered |
| Nov 3, 2022 | Core NOI growth | FY2022 | +8.25% – +9.75% | Lowered |
| Nov 3, 2022 | Core property operating expenses growth | FY2022 | +7% – +8.5% | Raised |
| Aug 4, 2022 | Wholly owned acquisitions - Investment | FY2022 | $600.00M – $800.00M | New |
| Aug 4, 2022 | Wholly owned development deliveries - Investment | FY2022 | $400.00M – $500.00M | Lowered |
| Aug 4, 2022 | Wholly owned land and development pipeline | FY2022 | $300.00M – $400.00M | Lowered |
| Aug 4, 2022 | Pro rata share of JV and Property Enhancing Capex | FY2022 | $100.00M | Lowered |
| Aug 4, 2022 | Total capital investment (wholly owned and pro rata JV) | FY2022 | $1.40B – $1.80B | Raised |
| Aug 4, 2022 | Total gross capital investment (JVs at 100%) | FY2022 | $1.50B – $2.00B | Raised |
| Aug 4, 2022 | Core revenues growth | FY2022 | +7.75% – +9.25% | Raised |
| Aug 4, 2022 | Core FFO attributable to common share and unit holders | FY2022 | $1.54 – $1.58 | Narrowed |
| Aug 4, 2022 | Core NOI growth | FY2022 | +9.25% – +10.75% | Raised |
| Aug 4, 2022 | Wholly owned acquisitions - Properties | FY2022 | 1500 – 1900 | New |
| Aug 4, 2022 | Wholly owned development deliveries - Properties | FY2022 | 1300 – 1500 | Lowered |
| Aug 4, 2022 | Total capital investment (wholly owned and pro rata JV) - Properties | FY2022 | 2800 – 3400 | Raised |
| Aug 4, 2022 | Total gross capital investment (JVs at 100%) - Properties | FY2022 | 3700 – 4300 | Raised |
| Aug 4, 2022 | Core FFO attributable to common share and unit holders growth | FY2022 | +13.2% – +16.2% | Raised |
| Aug 4, 2022 | Core property operating expenses growth | FY2022 | +4.75% – +6.75% | Lowered |
| May 5, 2022 | Total capital investment (wholly owned and pro rata JV) | FY2022 | $1.60B – $2.00B | Reaffirmed |
| May 5, 2022 | Core revenues growth | FY2022 | +7.25% – +9.25% | Reaffirmed |
| May 5, 2022 | Core FFO attributable to common share and unit holders | FY2022 | $1.53 – $1.59 | Reaffirmed |
| May 5, 2022 | Core NOI growth | FY2022 | +8.5% – +10.5% | Reaffirmed |
| May 5, 2022 | Core FFO attributable to common share and unit holders growth | FY2022 | +12.5% – +16.9% | Raised |
| May 5, 2022 | Core property operating expenses growth | FY2022 | +4.75% – +6.75% | Lowered |
| Feb 24, 2022 | Total capital investment (wholly owned and pro rata JV) | FY2022 | $1.60B – $2.00B | New |
| Feb 24, 2022 | Core revenues growth | FY2022 | +7.25% – +9.25% | New |
| Feb 24, 2022 | Core FFO attributable to common share and unit holders | FY2022 | $1.53 – $1.59 | New |
| Feb 24, 2022 | Core NOI growth | FY2022 | +8.5% – +10.5% | New |
| Feb 24, 2022 | Core property operating expenses growth | FY2022 | +4.75% – +6.75% | New |
| Nov 4, 2021 | total gross capital | FY2021 | $1.80B – $2.00B | New |
| Nov 4, 2021 | Core FFO attributable to common share and unit holders | FY2021 | $1.34 – $1.38 | New |
| Nov 4, 2021 | Core NOI growth | FY2021 | +7.5% – +8.5% | New |
| Nov 4, 2021 | wholly-owned inventory additions | FY2021 | 3700 – 4100 | New |
| Nov 4, 2021 | Core property operating expenses growth | FY2021 | +4.25% – +5.25% | New |
| Nov 4, 2021 | Core revenues growth | FY2021 | +6.5% – +7% | New |
Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.
Press releases
Releases American Homes 4 Rent filed with the SEC as exhibits to Form 8-K or 6-K
- Update
- Results
- Results
- Update
- Results
- Results
- Update
- Results
- Results
- Update
- Results
- Results
- Update
- Results
- Results