Company Analysis

American Homes 4 Rent (AMH)

NYSE: AMH · Real Estate Investment Trusts · Las Vegas, NV · filing with the SEC since 2012
Grade6.1
◀ Past 6.6● Present 6.2▶ Future 5.6
1 est.

The grade of American Homes 4 Rent

Nine metrics read from its own filings, by tense
Headline grade
6.1/10
◀ Past6.625% of the headline
● Present6.245% of the headline
▶ Future5.630% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

6.6/1025% of the headline grade · 3 of 3 filed

Surviving crises

as filed
7.0/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 45% of this tense · 70th percentile among 174 sector filers · read for itself

From the record

American Homes 4 Rent's filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
7.9/10

What has it actually done, year after year?

+7.2% a year over 4 filed years; profitable in 4 of 4.

weight 33% of this tense · 79th percentile among 156 sector filers · read for its customers

From the record

American Homes 4 Rent's 4 filed years say what it did: revenue went from $960 million in fiscal 2017 to $1.2 billion in fiscal 2020, up 7.2% a year; it rose in 3 of 3 years; it never fell from a peak; net income was positive in 4 of 4 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span7.2%top 43% of its family
  • the share of years revenue rosetop 10% of its family
  • the share of filed years with a profittop 20% of its family
  • the deepest fall from a revenue peak0.0%top 10% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
3.8/10

How has it treated the people who own it?

Share count grew 2.0% a year. 48% of cash flow returned. Insiders: 1 sales, 49 purchases.

weight 22% of this tense · 38th percentile among 156 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, American Homes 4 Rent's diluted share count grew about 2.0% a year, and dividends and buybacks returned about 48% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 1 sale and 49 purchases of their own stock on the open market in the year to 2026-11-12, buying about $1 million (their Form 4 filings).

What it rests on

  • the share count over the yearsbottom 45% of its family
  • cash returned against operating cash flowbottom 31% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

6.2/1045% of the headline grade · 3 of 3 filed

Financial health

as filed
6.4/10

Is it financially healthy right now?

ROE 7%: 7¢ of profit per shareholder dollar. Leverage 42%: owes 42¢ per asset dollar.

weight 45% of this tense · 64th percentile among 171 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, American Homes 4 Rent earned about 7 cents of profit for every dollar of shareholders' money. Leverage: it owed about 42 cents per dollar of assets, and net share issuance: its share count grew 0.8% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 15% of its family
  • return on equitytop 41% of its family
  • the share count against the year beforebottom 49% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
5.8/10

How strong is its position in its industry?

top 42% of 157 in its family; net margin 13.1%.

weight 33% of this tense · 58th percentile among 157 sector filers · read for its customers

From the record

American Homes 4 Rent's standing among 157 graded names in its industry family: revenue of $1.2 billion in fiscal 2020 ranks in the top 33% by size; a net margin of 13.1% ranks in the bottom 50%; revenue growth of 7.2% a year over the last 3 filed years ranks in the top 43% (its annual reports).

What it rests on

  • revenue against the family$1.18Btop 33% of its family
  • net margin13.1%top 50% of its family
  • three-year revenue growth7.2%top 43% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
6.1/10

What are the people in charge doing?

top 39% of 160 in its family for leadership; chief executive since 2025.

weight 22% of this tense · 61st percentile among 160 sector filers · read for its shareholders

From the record

American Homes 4 Rent's leadership, from its insiders' filings and its current reports: the chief executive on the record is Smith, Bryan (Chief Executive Officer, as filed), filing under that title since 2025-01-06, 1.9 years (bottom 13% of its family); the 14 officers and directors filing in the last fifteen months have been on the record a median of 10.5 years (top 18%); 2 officer or director changes were reported on Form 8-K since 2023-11-13, against the 14 people in charge now (top 13%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge2 in three years among 14 peopletop 13% of its family
  • the median years the people in charge have filed10.5 yearstop 18% of its family
  • the chief executive's years on the record1.9 yearsbottom 13% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

5.6/1030% of the headline grade · 2 of 3 filed, 1 estimated

Room to expand

SI estimate
4.1/10

How much room does it have to grow?

SI estimate 4.1/10, confidence 35 of 100 (one part).

weight 22% of this tense · 41st percentile among 172 sector filers · read for itself

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, cash less debt against assets, which ranks in the bottom 41% of 172 in its family; the record does not carry two of the four parts: cash less debt against assets, cash from operations less capital spending against revenue, gross margin, research against revenue.
What the record cannot read
The record does not carry two of the four parts: cash less debt against assets, cash from operations less capital spending against revenue, gross margin, research against revenue.
How it was reasoned
one part: cash less debt against assets, the one part on file, ranked among 172 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: American Homes 4 Rent's room to expand is put at 4.1 of 10 with a confidence of 35 of 100, because read from one part only, cash less debt against assets, which ranks in the bottom 41% of 172 in its family; the record does not carry two of the four parts: cash less debt against assets, cash from operations less capital spending against revenue, gross margin, research against revenue. A filing that carries the missing parts replaces this estimate with the filed reading.

Growth drivers

as filed
7.0/10

What could actually drive growth from here?

top 30% of 153 in its family for growth drivers.

weight 33% of this tense · 70th percentile among 153 sector filers · read for its customers

From the record

American Homes 4 Rent's growth drivers, from the filed years to fiscal 2020: revenue grew 7.2% a year over the last three filed years against 7.2% over all 4, speeding up (top 39% of its family); the newest year grew 3.4% (top 48%); capital spending grew 2204.2% a year (top 2%) (its annual reports). American Homes 4 Rent tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span+0.0 points a yeartop 39% of its family
  • the newest year's revenue growth3.4%top 48% of its family
  • three-year growth of capital spending2204.2%top 2% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
5.2/10

Did its newest year beat what its own record pointed to?

top 48% of 150 in its family for expectations against reality.

weight 45% of this tense · 52nd percentile among 150 sector filers · read for its shareholders

From the record

American Homes 4 Rent's newest year against its own record: revenue of $1.2 billion in fiscal 2020 came in 5.2% below the $1.2 billion its prior three years' pace pointed to (bottom 33% of its family); net income of $155 million against a prior three-year average of $115 million (top 37%); a net margin of 13.1% against 10.7% before (top 40%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-5.2%bottom 33% of its family
  • net income against the prior three years' average+35%top 37% of its family
  • net margin against its prior average+2.4 pointstop 40% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton AMH · research, not advice