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American Homes 4 Rent
AMH · NYSEReal Estate
The economic chain
Follow the chain left → right, from inputs to end demand. Tap any company to trace its links.
Raw inputs
Equipment
Foundry
Chip design
Software
AI demand
Capitalwho funds itREITs & ownerswho owns the propertyPropertyportfoliosthe buildings & sitesBrokerage &managementwho leases & runs itTenantswho rents the spaceEnd demandwhat drives itI&LInvestors & lendersM&BMortgages & bondsLL&BLand, lots & buildersAMHAmerican Homes 4 RentINVHInvitation HomesTRTricon ResidentialPRProgress ResidentialSHSingle-family homesAPPAMH property platformFAMResidents & familiesHDHousehold demandG&RGovernments & regulators
Company details
Market cap
$14.5B
Revenue (FY24)
$1.85B
Rev. growth
+7%
Net income (FY24)
$399M
Core FFO / share
$1.87
Homes owned
~59,000
Occupancy
~95%
Div yield
~3%
In plain English
AMH is the #2 landlord of single-family rental homes in America — it owns ~59,000 detached houses, mostly in fast-growing Sunbelt suburbs, and rents them to families who want a house without buying one. Unlike most landlords it also builds its own: its in-house development program has delivered 14,000+ purpose-built rental homes since 2017. As a REIT it pays out ~90% of taxable income, so most of the rent it collects flows back to shareholders as dividends.
In simple terms
What American Homes 4 Rent really sells
AMH is the #2 landlord of single-family rental homes in America — it owns ~59,000 detached houses, mostly in fast-growing Sunbelt suburbs, and rents them to families who want a house without buying one. Unlike most landlords it also builds its own: its in-house development program has delivered 14,000+ purpose-built rental homes since 2017. As a REIT it pays out ~90% of taxable income, so most of the rent it collects flows back to shareholders as dividends.
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Risk read
Moderate
SteadierMore speculative
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