American Homes 4 Rent (AMH)
NYSE: AMH · Real-Time Price · USD
32.82
-0.27 (-0.82%)
Nov 6, 2026, 4:00 PM EST - Market closed
American Homes 4 Rent Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 461.46 | 452.97 | 412.43 | 380.17 | 273.14 | 189.09 |
Depreciation & Amortization | 505.26 | 500.14 | 473.61 | 453.55 | 423.83 | 368.95 |
Other Amortization | 12.77 | 14.24 | 14.89 | 15.28 | 14.37 | 12.69 |
Gain (Loss) on Sale of Assets | -229.34 | -231.46 | -225.76 | -209.83 | -136.46 | -49.7 |
Stock-Based Compensation | 25.19 | 25.82 | 30.98 | 25.37 | 27.31 | 17.79 |
Income (Loss) on Equity Investments | 4.52 | 3.31 | 1.95 | 2.12 | 2.65 | -1.61 |
Change in Accounts Receivable | -1.22 | 1.31 | -1.71 | 0.88 | -8.15 | -4.89 |
Change in Accounts Payable | 23.28 | 18.16 | 34.36 | 44.26 | 43.62 | 44.51 |
Change in Other Net Operating Assets | 16.13 | 19.02 | 8.74 | -25.08 | -11.67 | -3.11 |
Other Operating Activities | 61.86 | 60.81 | 62.04 | 51.97 | 36.89 | 21.47 |
Operating Cash Flow | 879.9 | 864.33 | 811.54 | 738.69 | 665.52 | 595.2 |
Operating Cash Flow Growth | 7.21% | 6.50% | 9.86% | 11.00% | 11.81% | 25.54% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Acquisition of Real Estate Assets | -803.72 | -992.95 | -1,498 | -1,167 | -1,753 | -1,845 |
Sale of Real Estate Assets | 719.01 | 630.57 | 573.72 | 470.16 | 326.6 | 133.33 |
Net Sale / Acq. of Real Estate Assets | -84.71 | -362.38 | -923.84 | -696.78 | -1,427 | -1,711 |
Investment in Marketable & Equity Securities | 10.68 | 63.62 | 96.63 | 35.12 | 43 | 28.29 |
Other Investing Activities | -26.11 | -29.41 | -24.33 | -30.92 | -41.71 | -50.53 |
Investing Cash Flow | -100.14 | -328.17 | -825.88 | -692.58 | -1,426 | -1,733 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 1,416 | 1,994 | 200 | 1,497 | 2,147 |
Long-Term Debt Repaid | - | -1,336 | -1,442 | -264.47 | -862.58 | -1,084 |
Net Debt Issued (Repaid) | 310 | 80.6 | 551.86 | -64.47 | 634.23 | 1,063 |
Issuance of Common Stock | 5.07 | 6.07 | 149.5 | 405.14 | 566.41 | 733.04 |
Repurchase of Common Stock | -473.09 | -161.94 | -9.02 | -3.97 | -4.81 | -2.68 |
Preferred Share Repurchases | - | - | - | - | -155 | -498.75 |
Common Dividends Paid | -470.36 | -446.29 | -383.54 | -319.5 | -252.51 | -146.24 |
Preferred Dividends Paid | -13.94 | -13.94 | -13.94 | -13.94 | -17.08 | -37.92 |
Total Dividends Paid | -484.3 | -460.24 | -397.48 | -333.44 | -269.59 | -184.17 |
Other Financing Activities | -80.58 | -120.17 | -152.17 | -45.47 | 14.94 | -45.37 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Cash Flow | 56.86 | -119.53 | 128.36 | 3.9 | 26.19 | -73.31 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Levered Free Cash Flow | 856.1 | 719.99 | 605.65 | 748.32 | 634.66 | 206.83 |
Unlevered Free Cash Flow | 967.33 | 825.7 | 697.5 | 823.67 | 707.28 | 269.85 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 186.52 | 172.22 | 128.06 | 128.03 | 116.4 | 95.79 |
Change in Working Capital | 38.19 | 38.5 | 41.39 | 20.06 | 23.8 | 36.52 |