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AMH logoAmerican Homes 4 Rent (AMH) Earnings History

Annual and quarterly earnings data from 2012 to 2024

TTM Net Income
$452M
Profitable
TTM EPS
$1.22
Diluted
YoY EPS Growth
+6.9%
Solid
Net Margin
23.9%
Profitability
Operating Margin50.6%
Gross Margin55.6%
ROE5.3%
ROA3.2%
Highest Annual Net Income$412M (2024)
Highest Quarterly EPS$0.33 (Q4 2024)
Consecutive Profitable Years9 years
Q3 2025
Net Income$103M
EPS$0.27
QoQ Growth-5.7%Slow

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AMH EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
+6.9%
Solid
3-Year
+38.1%
Excellent
5-Year
+30.1%
Excellent
10-Year
N/A
N/M

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

AMH Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
202455.6%50.6%23.9%
202354.4%49.7%23.4%
202253.8%49.1%18.3%
202153.8%49.4%14.5%
202053.1%49.0%12.0%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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American Homes 4 Rent (AMH) Earnings Overview

As of May 6, 2026, American Homes 4 Rent (AMH) reported trailing twelve-month net income of $452M, reflecting +6.9% year-over-year growth. The company earned $1.22 per diluted share over the past four quarters, with a net profit margin of 23.9%.

Looking at the long-term picture, AMH's 5-year EPS compound annual growth rate (CAGR) stands at +30.1%, indicating exceptional earnings growth. The company achieved its highest annual net income of $412M in fiscal 2024, representing a new all-time high.

American Homes 4 Rent maintains industry-leading profitability with a gross margin of 55.6%, operating margin of 50.6%, and net margin of 23.9%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →

Compared to peers including INVH ($583M net income, 21.5% margin), EQR ($954M net income, 36.1% margin), AVB ($1.05B net income, 34.6% margin), AMH has outperformed on profitability metrics. Compare AMH vs INVH →

AMH Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
AMH logoAMHCurrent
$452M$1.2223.9%5.3%+6.9%—
INVH logoINVH
$583M$0.9621.5%6.1%+29.7%
EQR logoEQR
$954M$2.4836.1%9.7%+7.0%
AVB logoAVB
$1.1B$7.4134.6%8.9%-2.8%
MAA logoMAA
$403M$3.4520.2%7.5%-15.8%
CPT logoCPT
$388M$3.7024.4%8.4%+136.0%
Best in group
Lowest in group

AMH Historical Earnings Data (2012–2024)

13 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2024$412M+8.5%$874M$1.0823.9%50.6%
2023$380M+39.2%$806M$1.0123.4%49.7%
2022$273M+44.4%$732M$0.7118.3%49.1%
2021$189M+34.7%$645M$0.4114.5%49.4%
2020$140M-0.5%$575M$0.2812.0%49.0%
2019$141M+30.3%$565M$0.2912.5%49.9%
2018$108M+33.7%$544M$0.0810.1%50.7%
2017$81M+1109.8%$496M$-0.088.4%51.7%
2016$7M+110.7%$452M$-0.140.8%51.4%
2015-$62M-29.6%$293M$-0.40-9.9%46.5%

Full AMH Stock Analysis

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Compare AMH vs WELL

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AMH — Frequently Asked Questions

Quick answers to the most common questions about buying AMH stock.

Is AMH growing earnings?

AMH EPS stands at $1.22, with +6.9% growth matching the 5-year CAGR of +30.1%. TTM net income is $452M. Earnings trajectory remains consistent.

What are AMH's profit margins?

American Homes 4 Rent net margin is +23.9%, with operating margin at +50.6%. Above-average margins indicate pricing power.

How consistent are AMH's earnings?

AMH earnings data spans 2012-2024. The current earnings trend is +6.9% YoY. Historical data enables comparison across business cycles.

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AMH Earnings Over Time (2013–2024)

Net income and EPS trends