American Homes 4 Rent
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Operating expenses | — | $1.5B | $1.4B | $1.3B | $1.1B |
| Interest expense | $185.2M | $165.4M | $140.2M | $134.9M | $114.9M |
| Net income | $513.4M | $468.1M | $432.1M | $310.0M | $210.6M |
| Balance Sheet | |||||
| Cash and equivalents | $108.5M | $199.4M | $59.4M | $69.2M | $48.2M |
| Total assets | $13.2B | $13.4B | $12.7B | $12.2B | $11.0B |
| Total liabilities | $5.5B | $5.5B | $5.0B | $5.0B | $4.2B |
| Total debt | $5.2B | $5.1B | $4.5B | $4.6B | $3.9B |
| Stockholders' equity | $7.0B | $7.2B | $7.0B | $6.5B | $6.1B |
| Cash Flow Statement | |||||
| Cash from operations | $864.3M | $811.5M | $738.7M | $665.5M | $595.2M |
| Depreciation and amortization | $504.3M | $477.0M | $456.6M | $426.5M | $372.8M |
| Stock-based compensation | $25.8M | $31.0M | $25.4M | $27.3M | $17.8M |
| Capital expenditure | $52.7M | $69.9M | $71.6M | $71.1M | $45.4M |
| Free cash flow | $811.6M | $741.7M | $667.1M | $594.4M | $549.8M |
| Dividends paid | $446.3M | $383.5M | $319.5M | $252.5M | $146.2M |
| Impairments | $0 | $0 | $0 | $0 | $0 |
Shares outstanding 360.6M · Free float 73.8%
Annual filing data through FY ended December 31, 2025; float as of July 14, 2026.