American Homes 4 Rent

LSE:0HEJ Stock Report

Market Cap: US$15.4b

American Homes 4 Rent Past Earnings Performance

Past criteria checks 1/6

American Homes 4 Rent has been growing earnings at an average annual rate of 35.8%, while the Residential REITs industry saw earnings growing at 16.7% annually. Revenues have been growing at an average rate of 9.5% per year. American Homes 4 Rent's return on equity is 5.4%, and it has net margins of 20.6%.

Key information

35.8%

Earnings growth rate

32.0%

EPS growth rate

Residential REITs Industry Growth14.7%
Revenue growth rate9.5%
Return on equity5.4%
Net Margin20.6%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How American Homes 4 Rent makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

LSE:0HEJ Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 241,701351820
30 Jun 241,677351810
31 Mar 241,649357790
31 Dec 231,624365750
30 Sep 231,596376710
30 Jun 231,566353700
31 Mar 231,532311690
31 Dec 221,491250680
30 Sep 221,448211680
30 Jun 221,396197640
31 Mar 221,347160590
31 Dec 211,304135560
30 Sep 211,262114540
30 Jun 211,231100560
31 Mar 211,19895520
31 Dec 201,17385490
30 Sep 201,16082510
30 Jun 201,15083460
31 Mar 201,15290450
31 Dec 191,13286430
30 Sep 191,13080390
30 Jun 191,11171380
31 Mar 191,09434370
31 Dec 181,07323370
30 Sep 181,045-16360
30 Jun 181,012-30350
31 Mar 18985-15350
31 Dec 17960-22350
30 Sep 179452350
30 Jun 17934-20350
31 Mar 17918-31340
31 Dec 16879-34330
30 Sep 16824-56320
30 Jun 16760-64310
31 Mar 16694-71300
31 Dec 15631-85270
30 Sep 15575-83270
30 Jun 15513-77260
31 Mar 15453-71260
31 Dec 14399-67250
30 Sep 14347-62220
30 Jun 14286-48190
31 Mar 14210-51170
31 Dec 13139-45160

Quality Earnings: 0HEJ has a large one-off gain of $198.0M impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: 0HEJ's current net profit margins (20.6%) are lower than last year (23.6%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 0HEJ's earnings have grown significantly by 35.8% per year over the past 5 years.

Accelerating Growth: 0HEJ's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 0HEJ had negative earnings growth (-6.8%) over the past year, making it difficult to compare to the Residential REITs industry average (94.8%).

Return on Equity

High ROE: 0HEJ's Return on Equity (5.4%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 14:52
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

American Homes 4 Rent is covered by 41 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andrew BabinBaird
Anthony PowellBarclays
Richard HightowerBarclays