AMH Q1 2024 Earnings — American Homes 4 Rent Revenue & Financial Results | Market Cap Arena

AMHAmerican Homes 4 Rent

$11B

Q1 2024 Earnings

Real Estate REIT - Residential

Income Statement

Revenue

$424M+6.5% YoY

Gross Profit

$233M55.0% margin

Operating Income

$210M49.6% margin

Net Income

$113M26.6% margin

EPS (Diluted)

$0.30

QoQ Revenue Growth

+3.6%

Cash Flow

Operating Cash Flow

$202M

Free Cash Flow

$178M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$12.8B

Total Liabilities

$5.1B

Stockholders' Equity

$7.0B

Cash & Equivalents

$125M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$424M	$398M	+6.5%
Gross Profit	$233M	$215M	+8.4%
Operating Income	$210M	$196M	+7.1%
Net Income	$113M	$121M	-6.8%