Bluerock Homes Trust, Inc.(BHM)Earnings, Financials & Key Ratios
BHM•AMEX•REIT / Real Estate
$10.56
$42M mkt cap·Price updated May 6, 2026
AboutBluerock Homes Trust, Inc. engages in the provision of residential investments and other property-related income. The company was founded on December 16, 2021 and is headquartered in New York, NY.Show more
- Revenue$50M+22.2%
- FFO$22M+44.9%
- FFO/Share5.60+44.5%
- FFO Payout17.96%+3331.4%
- FFO per Share5.60+44.5%
- NOI Margin24.38%+4.5%
- FFO Margin43.01%+18.6%
- ROE0.01%+100.7%
- ROA0%+100.6%
- Debt/Assets38.65%+55.8%
- Net Debt/EBITDA80.78+322.7%
- Book Value/Share147.53+18.5%
BHM Key Insights
Bluerock Homes Trust, Inc. (BHM) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓FFO growing 20.1% TTM
- ✓Sustainable FFO payout ratio of 18.0%
- ✓Trading at only 0.1x book value
✗Weaknesses
- ✗Low NOI margin of 24.4%
- ✗Dividend payout exceeds 100% of earnings
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
BHM Price & Volume
Bluerock Homes Trust, Inc. (BHM) stock price & volume — 10-year historical chart
Loading chart...
BHM Growth Metrics
Bluerock Homes Trust, Inc. (BHM) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years41.24%
TTM34.82%
Profit CAGR
10 Years-
5 Years-
3 Years-90.23%
TTM-1044.97%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-198.97%
Return on Capital
10 Years-0.48%
5 Years-0.48%
3 Years-0.76%
Last Year-2.54%
BHM Peer Comparison
Bluerock Homes Trust, Inc. (BHM) competitors in Single-family rental home REITs — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 AMH | 11.78B | 32.44 | 27.49 | 7.95% | 24.41% | 5.8% | 0.66 | |
 INVH | 17.23B | 28.74 | 29.94 | 4.21% | 20.89% | 6.12% | 0.88 | |
 NXRT | 757.54M | 29.85 | -23.69 | -3.24% | -12.67% | -10.13% | 5.18 | |
 UDR | 12.07B | 37.04 | 32.78 | 2.42% | 28.6% | 12.37% | 1.49 | |
 MAA | 15.16B | 130.30 | 34.47 | 0.83% | 18.19% | 6.81% | 0.93 | |
 CPT | 10.98B | 104.83 | 29.61 | 1.92% | 32.81% | 8.71% | 0.88 | |
 AIV | 594.27M | 4.24 | 1.10 | -100% | 287.66% | 162.9% | ||
 OPEN | 5.19B | 5.44 | -3.20 | -15.18% | -29.74% | -129.35% | 0.19 |
Compare BHM vs Peers
Bluerock Homes Trust, Inc. (BHM) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
BHM Income Statement
Bluerock Homes Trust, Inc. (BHM) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 7.37M | 17.82M | 42.73M | 41.09M | 50.21M | 67.26M |
| Revenue Growth % | - | 141.82% | 139.8% | -3.84% | 22.2% | 34.82% |
| Property Operating Expenses | 970K | 3.78M | 19.17M | 31.5M | 37.97M | 40.59M |
| Net Operating Income (NOI) | 6.4M▲ 0% | 14.04M▲ 119.4% | 23.56M▲ 67.8% | 9.59M▼ 59.3% | 12.24M▲ 27.7% | 26.67M▲ 0% |
| NOI Margin % | 86.84% | 78.79% | 55.13% | 23.34% | 24.38% | 39.65% |
| Operating Expenses | 6.91M | 13.65M | 8.49M | 24.34M | 30.61M | 28.07M |
| G&A Expenses | 5.01M | 4.54M | 8.49M | 8M | 10.59M | 13.45M |
| EBITDA | 15.03M | 10.22M | 31.04M | 4.53M | 3.2M | 26.46M |
| EBITDA Margin % | 203.98% | 57.33% | 72.64% | 11.02% | 6.37% | 39.34% |
| Depreciation & Amortization | 15.54M | 9.83M | 15.97M | 19.27M | 21.57M | 27.86M |
| D&A / Revenue % | 210.91% | 55.15% | 37.37% | 46.91% | 42.95% | 41.43% |
| Operating Income | -511K▲ 0% | 389K▲ 176.1% | 15.07M▲ 3774.8% | -14.75M▼ 197.8% | -18.36M▼ 24.5% | -1.4M▲ 0% |
| Operating Margin % | -6.93% | 2.18% | 35.27% | -35.89% | -36.57% | -2.08% |
| Interest Expense | 3.19M | 2.92M | 5.7M | 13.1M | 18.09M | 4M |
| Interest Coverage | -0.16x | 0.13x | 2.64x | -1.13x | -1.02x | - |
| Non-Operating Income | 11.05M | -3.22M | 16.01M | -12.08M | -24.37M | 4.86M |
| Pretax Income | -14.75M▲ 0% | 945K▲ 106.4% | -6.24M▼ 759.9% | -15.77M▼ 152.8% | -12.09M▲ 23.3% | -29.04M▲ 0% |
| Pretax Margin % | -200.22% | 5.3% | -14.59% | -38.37% | -24.08% | -43.18% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 572K |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | -1.97% |
| Net Income | -17.73M▲ 0% | 34.33M▲ 293.5% | -1M▼ 102.9% | -4.37M▼ 337.3% | 32K▲ 100.7% | -8.76M▲ 0% |
| Net Margin % | -240.67% | 192.62% | -2.34% | -10.64% | 0.06% | -13.02% |
| Net Income Growth % | - | 293.54% | -102.91% | -337.3% | 100.73% | -1044.97% |
| Funds From Operations (FFO) | -2.19M▲ 0% | 44.15M▲ 2113.3% | 14.97M▼ 66.1% | 14.9M▼ 0.4% | 21.6M▲ 44.9% | 19.11M▲ 0% |
| FFO Margin % | -29.76% | 247.77% | 35.03% | 36.26% | 43.01% | 28.4% |
| FFO Growth % | - | 2113.32% | -66.1% | -0.44% | 44.93% | 998.2% |
| FFO per Share | -0.57 | 11.49 | 3.89 | 3.88 | 5.60 | 4.90 |
| FFO Payout Ratio % | 0% | 0% | 457.44% | 0.52% | 17.96% | 5.26% |
| EPS (Diluted) | -4.61▲ 0% | -19.91▼ 331.9% | -0.26▲ 98.7% | -1.30▼ 400.0% | -1.10▲ 15.4% | -2.25▲ 0% |
| EPS Growth % | - | -331.89% | 98.69% | -400% | 15.38% | -198.97% |
| EPS (Basic) | -4.61 | -19.91 | -0.26 | -1.30 | -1.10 | - |
| Diluted Shares Outstanding | 3.84M | 3.84M | 3.84M | 3.85M | 3.86M | 3.9M |
BHM Balance Sheet
Bluerock Homes Trust, Inc. (BHM) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|
| Total Assets | 491.78M | 541.46M | 658.89M | 671.62M | 966.99M | 1.09B |
| Asset Growth % | - | 10.1% | 21.69% | 1.93% | 43.98% | 144.07% |
| Real Estate & Other Assets | 313.93M | 318.08M | 472.13M | 18.89M | 683.63M | 808.4M |
| PP&E (Net) | 29.07M | 318.08M | 0 | 446.01M | 0 | 0 |
| Investment Securities | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Total Current Assets | 107.37M | 181.33M | 100.48M | 142.75M | 198.95M | 211.78M |
| Cash & Equivalents | 48.78M | 129.39M | 78.43M | 80.16M | 115.21M | 162.73M |
| Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Other Current Assets | 53.76M | 7.54M | 4.14M | 20.99M | 16.05M | 20.59M |
| Intangible Assets | 0 | 2.52M | 0 | 0 | 2.75M | 1.84M |
| Total Liabilities | 307.81M | 79.49M | 166.91M | 192.75M | 398.1M | 452.66M |
| Total Debt | 53.91M | 63.01M | 153.19M | 166.67M | 373.78M | 415.89M |
| Net Debt | 5.13M | -66.38M | 74.77M | 86.51M | 258.57M | 253.16M |
| Long-Term Debt | 53.91M | 63.01M | 98.19M | 145.03M | 252.78M | 393.89M |
| Short-Term Borrowings | 0 | 0 | 55M | 21.64M | 121M | 22M |
| Capital Lease Obligations | 0 | 0 | 0 | 8.27M | 0 | 0 |
| Total Current Liabilities | 253.91M | 16.49M | 68.71M | 47.72M | 145.32M | 58.77M |
| Accounts Payable | 169K | 2.09M | 1.75M | 691K | 803K | 808K |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Equity | 183.97M▲ 0% | 461.97M▲ 151.1% | 491.99M▲ 6.5% | 478.87M▼ 2.7% | 568.89M▲ 18.8% | 640.03M▲ 0% |
| Equity Growth % | - | 151.11% | 6.5% | -2.67% | 18.8% | 76.61% |
| Shareholders Equity | 179.58M | 440.09M | 159.99M | 155.62M | 241.23M | 268.66M |
| Minority Interest | 4.39M | 21.88M | 332M | 323.25M | 327.66M | 371.37M |
| Common Stock | 179.58M | 116.51M | 38K | 39K | 40K | 40K |
| Additional Paid-in Capital | 0 | 0 | 126.62M | 122.37M | 118.5M | 121.08M |
| Retained Earnings | 0 | 150.84M | 33.33M | 24.94M | 20.71M | 10.58M |
| Preferred Stock | 0 | 150.84M | 0 | 8.27M | 102.15M | 136.94M |
| Return on Assets (ROA) | -3.61% | 6.64% | -0.17% | -0.66% | 0% | -0.8% |
| Return on Equity (ROE) | -9.64% | 10.63% | -0.21% | -0.9% | 0.01% | -1.37% |
| Debt / Assets | 10.96% | 11.64% | 23.25% | 24.82% | 38.65% | 38.06% |
| Debt / Equity | 0.29x | 0.14x | 0.31x | 0.35x | 0.66x | 0.66x |
| Net Debt / EBITDA | 0.34x | -6.50x | 2.41x | 19.11x | 80.78x | 80.78x |
| Book Value per Share | 47.87 | 120.20 | 128.01 | 124.53 | 147.53 | 164.19 |
BHM Cash Flow Statement
Bluerock Homes Trust, Inc. (BHM) cash flow — operating, investing & free cash flow history
| Line item | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|
| Cash from Operations | 14.59M | 9.81M | 3.5M | 13.88M | 9.06M | 9.06M |
| Operating CF Growth % | - | -32.76% | -64.34% | 296.8% | -34.74% | 1652.18% |
| Operating CF / Revenue % | 197.96% | 55.04% | 8.19% | 33.78% | 18.04% | 13.47% |
| Net Income | -17.53M | 111.8M | -5.92M | -15.77M | -12.09M | -8.76M |
| Depreciation & Amortization | 15.54M | 9.83M | 18.77M | 19.27M | 21.57M | 29.96M |
| Stock-Based Compensation | 0 | 0 | 872K | 11.86M | 9.96M | 5.65M |
| Other Non-Cash Items | 14.92M | -109.56M | -10.53M | -2.41M | -12.6M | 14.42M |
| Working Capital Changes | 1.66M | -2.26M | 309K | 925K | 2.22M | 13.64M |
| Cash from Investing | -6.49M | 158.05M | -177.18M | -25.72M | -224.92M | -311.5M |
| Acquisitions (Net) | -3.06M | 1.47M | -46.72M | 3.28M | 0 | 1000K |
| Purchase of Investments | -22.92M | -265.82M | -204.17M | -22.56M | -19.79M | -54.76M |
| Sale of Investments | 0 | 0 | 1000K | 1000K | 1000K | 1000K |
| Other Investing | 21M | 424.1M | 46.72M | -22.75M | -212.06M | -265.91M |
| Cash from Financing | 29.56M | -84.46M | 119.31M | 15.66M | 260.72M | 296.73M |
| Dividends Paid | 0 | 0 | -68.47M | -78K | -7.34M | -9.21M |
| Common Dividends | 0 | 0 | -68.47M | 0 | -3.88M | -1M |
| Debt Issuance (Net) | 1000K | -1000K | 1000K | 1000K | 1000K | 2M |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 22.96M | 164.99M | 96.66M | -6.43M | -11.94M | 64.02M |
| Net Change in Cash | 37.66M▲ 0% | 83.4M▲ 121.5% | -54.37M▼ 165.2% | 3.82M▲ 107.0% | 44.86M▲ 1073.7% | 18.48M▲ 0% |
| Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash at Beginning | 15.87M | 53.53M | 136.93M | 82.56M | 86.38M | 145.1M |
| Cash at End | 53.53M | 136.93M | 82.56M | 86.38M | 131.24M | 183.29M |
| Free Cash Flow | 13.08M▲ 0% | 8.11M▼ 38.0% | -15.15M▼ 286.9% | 4.35M▲ 128.7% | -253K▼ 105.8% | 16.22M▲ 0% |
| FCF Growth % | - | -38.01% | -286.88% | 128.73% | -105.81% | 463.3% |
| FCF / Revenue % | 177.46% | 45.49% | -35.45% | 10.59% | -0.5% | 24.12% |
BHM Key Ratios
Bluerock Homes Trust, Inc. (BHM) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|
| FFO per Share | 11.49 | 3.89 | 3.88 | 5.6 | 4.9 |
| FFO Payout Ratio | 0% | 457.44% | 0.52% | 17.96% | 5.26% |
| NOI Margin | 78.79% | 55.13% | 23.34% | 24.38% | 39.65% |
| Net Debt / EBITDA | -6.50x | 2.41x | 19.11x | 80.78x | 80.78x |
| Debt / Assets | 11.64% | 23.25% | 24.82% | 38.65% | 38.06% |
| Interest Coverage | 0.13x | 2.64x | -1.13x | -1.02x | - |
| Book Value / Share | 120.2 | 128.01 | 124.53 | 147.53 | 164.19 |
| Revenue Growth | 141.82% | 139.8% | -3.84% | 22.2% | 34.82% |
BHM Frequently Asked Questions
Bluerock Homes Trust, Inc. (BHM) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Bluerock Homes Trust, Inc. (BHM) reported $67.3M in revenue for fiscal year 2024. This represents a 813% increase from $7.4M in 2020.
Bluerock Homes Trust, Inc. (BHM) grew revenue by 22.2% over the past year. This is strong growth.
Bluerock Homes Trust, Inc. (BHM) reported a net loss of $8.8M for fiscal year 2024.
Dividend & Returns
Yes, Bluerock Homes Trust, Inc. (BHM) pays a dividend with a yield of 9.53%. This makes it attractive for income-focused investors.
Bluerock Homes Trust, Inc. (BHM) has a return on equity (ROE) of 0.0%. This is below average, suggesting room for improvement.
Industry Metrics
Bluerock Homes Trust, Inc. (BHM) generated Funds From Operations (FFO) of $19.1M in the trailing twelve months. FFO is the primary profitability metric for REITs.
Bluerock Homes Trust, Inc. (BHM) offers a 9.53% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.
Explore More BHM
Bluerock Homes Trust, Inc. (BHM) financial analysis — history, returns, DCA and operating performance tools
Total Return Calculator
Historical returns with dividends reinvested
DCA Calculator
Dollar cost averaging vs lump sum
Dividend History
Yield, growth, payout safety & DRIP
Earnings History
EPS trends, net income & profitability
Price History
Long-term charts & historical price data
Revenue History
Sales growth patterns & revenue breakdown
Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
DCF intrinsic value, peer multiples & estimates