The Tip Desk

American Homes 4 Rent

Company Stats

Market Cap
$10.9B
as of Sep 30, 2026
Enterprise Value
$16.0B
Shares Outstanding
359.8M
Free Float
75.3%

Income Statement

Net Income
$513.4M

Cash Flow

Free Cash Flow
$811.6M
FCF Yield
7.4%
Owner FCF Yield
7.2%

Balance Sheet

Cash & Equivalents
$108.5M
Total Debt
$5.2B
Net Debt
$5.1B

Returns & Capital

Dividends Paid
$446.3M
Dividend Yield
4.1%
Dividend Payout, 3Y Avg
80.9%
SBC, 3Y Avg
$27.4M

Cash Flow by Year

YearRevenueFCFMargin
FY2025—$811.6M—
FY2024—$741.7M—
FY2023—$667.1M—
FY2022—$594.4M—
FY2021—$549.8M—

Annual filing data through FY ended December 31, 2025; shares and float as of October 12, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage