AMH American Homes 4 Rent margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 62

Gross margin

57.3%

Operating margin

25%

EBITDA margin

62.8%

Net margin

25.5%

For this period, American Homes 4 Rent reports a gross margin of 57.3%, an operating margin of 25%, an EBITDA margin of 62.8%, and a net margin of 25.5%. Each available margin increased from the same period last year. Net margin recorded the strongest gain, rising by 1.8 percentage points.

AMH margin history

Gross, operating, EBITDA and net margin trends

American Homes 4 Rent's margins averaged 56.37% gross, 23.28% operating, 60.73% EBITDA, and 23.66% net during the last 3 years. Currently all four current margins are above their three-year averages.

AMH margin expansion

Year-over-year margin changes in percentage points

The biggest expansion was in net margin, which rose by 1.8 percentage points. The other available margins also improved.

Gross margin expansion

0.8pp

Operating margin expansion

1.6pp

EBITDA margin expansion

1.5pp

Net margin expansion

1.8pp

AMH Gross margin

Over the last 3 years, the average gross margin for American Homes 4 Rent was 56.37%. The latest gross margin for American Homes 4 Rent is 57.3%, 0.9 percentage points above its three-year average. American Homes 4 Rent's gross margin ranged from a low of 55.5% in Dec 2023 to a high of 57.3% in Jun 2026.

AMH Operating margin

Over the last 3 years, the average operating margin for American Homes 4 Rent was 23.28%. Compared with its three-year average, American Homes 4 Rent's current operating margin is 25% and is 1.7 percentage points above its three-year average. American Homes 4 Rent's operating margin ranged from a low of 21.7% in Dec 2023 to a high of 25% in Jun 2026.

AMH EBITDA margin

Across the last 3 years, American Homes 4 Rent's EBITDA margin averaged 60.73%. The current EBITDA margin stands at 62.8%, 2.1 percentage points above its three-year average. EBITDA margin was highest at 62.8% in Jun 2026 and lowest at 58.2% in Jun 2024.

AMH Net margin

American Homes 4 Rent recorded an average net margin of 23.66% across the last 3 years. At present, American Homes 4 Rent's current net margin is 25.5%, which is 1.8 percentage points above its three-year average. During this period, net margin reached a high of 25.5% in Jun 2026 and a low of 21.5% in Sep 2024.

AMH margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 57.3%, AMH stands below the Real Estate sector, the industry and its peers average. Looking at its Real Estate sector average of 63%, American Homes 4 Rent's gross margin is 9% lower.

AMH margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is American Homes 4 Rent's gross margin?

For the period ending Jun 30, 2026, AMH recorded a gross margin of 57.3%.

What is American Homes 4 Rent's operating margin?

As of Jun 30, 2026, AMH has an operating margin of 25%.

What is American Homes 4 Rent's EBITDA margin?

The current EBITDA margin for AMH is 62.8% as of Jun 30, 2026.

What is American Homes 4 Rent's net margin?

The current net margin for AMH is 25.5% as of Jun 30, 2026.

What are the average margins of AMH?

Over the last 3 years, American Homes 4 Rent's margins averaged 56.4% gross, 23.3% operating, 60.7% EBITDA, and 23.7% net.

What are the highest historical margins of AMH?

Over this 5-year history, AMH peaked at 57.3% gross in Jun 2026, 25% operating in Jun 2026, 62.8% EBITDA in Jun 2026, and 25.5% net in Jun 2026.

What are the lowest historical margins of AMH?

Over the last 5 years, American Homes 4 Rent's lowest margins were 55% gross in Dec 2021, 20.2% operating in Sep 2022, 51.9% EBITDA in Dec 2021, and 14.5% net in Dec 2021.