American Homes 4 Rent
American Homes 4 Rent (NYSE: AMH) operates as an internally managed real estate investment trust focused on developing, renovating, leasing and managing single-family homes as rental properties. The company's website is www.amh.com. From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What American Homes 4 Rent does
In the company’s own words
American Homes 4 Rent (NYSE: AMH) operates as an internally managed real estate investment trust focused on developing, renovating, leasing and managing single-family homes as rental properties. The company's website is www.amh.com.
As of December 31, 2025, American Homes 4 Rent held a portfolio of 61,479 single-family properties across select submarkets in 24 states, with an additional 3,785 properties held through unconsolidated joint ventures. The company maintains a geographically diversified presence with significant concentrations in high-growth metropolitan statistical areas including Atlanta, Charlotte, Dallas-Fort Worth, Nashville, Jacksonville, Phoenix, Indianapolis, Tampa, Las Vegas and Houston, representing 57.9% of operating properties. The company achieved an occupancy rate of 56,756 properties out of its total portfolio excluding properties held for sale.
The company operates through two primary channels. Its AMH Development Program constructs built-for-rental homes designed specifically for long-term residential tenants, having developed over 14,000 such properties since the program's launch in 2017. The company also evaluates acquisition opportunities through its National Builder Program and traditional broker channels, though acquisitions through these channels have been minimal in recent years.
American Homes 4 Rent maintains an integrated operating platform with 1,598 dedicated employees handling property management, development, marketing, leasing, financial and administrative functions. The company directly manages substantially all of its properties through in-house infrastructure rather than engaging third-party managers, enabling standardized brand consistency and operational control across its portfolio.
The company's business model emphasizes efficient property management through a balance of centralized corporate functions and localized leasing and maintenance operations. Centralized functions including management, accounting, legal, marketing and call centers provide economies of scale, while local teams maintain direct tenant relationships and community engagement. The company leverages data-driven pricing models and technology-enabled self-guided property showings to optimize rental revenues and tenant acquisition.
American Homes 4 Rent qualifies and operates as a REIT under federal tax law, with American Homes 4 Rent, L.P. serving as its operating partnership. As of December 31, 2025, American Homes 4 Rent owned approximately 87.9% of the operating partnership's common partnership interest, with the remaining 12.1% held by limited partners.
Company details
- Sector
- Real Estate
- Industry
- REITs
- Headquarters
- LAS VEGAS, NV
- Fiscal year end
- December
- CIK
- 1562401
- SIC
- 6798
Financial performance, year by year
Fiscal 2013–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns American Homes 4 Rent — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · American Homes 4 Rent’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
American Homes 4 Rent’s bonds, as funds hold them
Funds report holding 10 issues of American Homes 4 Rent’s debt, $1.18B at market value — what funds hold, not the company’s total debt. Weighted-average coupon 4.55%, maturing 2028 to 2052.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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