American Homes 4 Rent Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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
Market Cap	11,557	11,770	13,831	13,123	10,655	14,740
Market Cap Growth	-11.80%	-14.90%	5.40%	23.16%	-27.71%	55.16%
Enterprise Value	16,540	17,073	19,691	18,211	15,781	19,251
Last Close Price	27.92	32.10	37.42	35.96	30.14	43.61
PE Ratio	23.66	27.20	34.65	35.60	42.45	106.37
PS Ratio	6.23	6.36	8.00	8.08	7.15	11.30
PB Ratio	1.46	1.67	1.93	1.88	1.64	2.43
P/TBV Ratio	1.47	1.69	1.92	1.87	-	2.34
P/FCF Ratio	-	-91.51	-20.16	-30.64	-9.79	-11.80
P/OCF Ratio	13.35	13.62	17.04	17.77	16.01	24.76
EV/Sales Ratio	8.94	9.23	11.39	11.22	10.59	14.76
EV/EBITDA Ratio	17.37	17.85	22.66	22.50	21.67	29.86
EV/EBIT Ratio	36.60	37.78	50.26	51.63	52.33	70.84
EV/FCF Ratio	-	-132.73	-28.70	-42.52	-14.51	-15.41
Debt / Equity Ratio	0.61	0.61	0.68	0.58	0.63	0.58
Debt / EBITDA Ratio	4.95	4.95	6.18	5.51	6.20	6.02
Debt / FCF Ratio	-36.82	-36.82	-7.83	-10.42	-4.15	-3.11
Net Debt / Equity Ratio	0.66	0.66	0.72	0.63	0.69	0.63
Net Debt / EBITDA Ratio	4.84	4.84	5.95	5.44	6.11	5.95
Net Debt / FCF Ratio	-35.97	-35.97	-7.54	-10.28	-4.09	-3.07
Asset Turnover	0.14	0.14	0.13	0.13	0.13	0.13
Quick Ratio	0.35	0.35	0.48	0.18	0.24	0.26
Current Ratio	1.15	1.15	1.41	1.17	1.23	1.31
Return on Equity (ROE)	6.60%	6.60%	6.04%	5.83%	4.46%	3.19%
Return on Assets (ROA)	3.39%	3.39%	3.01%	2.84%	2.61%	2.64%
Return on Invested Capital (ROIC)	3.56%	3.56%	3.17%	2.98%	2.72%	2.76%
Return on Capital Employed (ROCE)	3.52%	3.52%	3.14%	2.96%	2.70%	2.73%
Earnings Yield	3.79%	3.68%	2.89%	2.81%	2.36%	0.94%
FCF Yield	-	-1.09%	-4.96%	-3.26%	-10.21%	-8.48%
Dividend Yield	4.73%	3.75%	2.79%	2.45%	0.00%	1.03%
Payout Ratio	104.24%	101.65%	96.25%	87.24%	100.69%	108.10%
Buyback Yield / Dilution	-0.79%	-0.79%	-1.52%	-	-	-
Total Shareholder Return	3.93%	2.96%	1.27%	2.45%	0.00%	1.03%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q