KPIs & Operating Metrics(New)
Growth Metrics

American Homes 4 Rent (AMH) FCF Payout Ratio (2013 - 2025)

American Homes 4 Rent's quarterly FCF Payout Ratio came in at 0.99 in Q4 2025, up 116.01% year-on-year from 0.46 in Q4 2024, and up 99.98% quarter-over-quarter from 0.49 in Q3 2025.

American Homes 4 Rent has reported FCF Payout Ratio for 13 years, with the latest figure at 0.99 in Q4 2025.

  • For the quarter ending Q4 2025, FCF Payout Ratio rose 116.01% year-over-year to 0.99; the trailing twelve-month figure through Dec 2025 stood at 0.55 (up 2725.75% YoY), and the FY2025 full-year result was 0.55, up 2824.68% from the prior year.
  • FCF Payout Ratio for Q4 2025 stood at 0.99, up from 0.49 in the prior quarter.
  • The five-year high for FCF Payout Ratio was 0.99 in Q4 2025, with the low at 6.16 in Q4 2024.
  • Average FCF Payout Ratio over 5 years is 0.29, with a median of 0.25 recorded in 2023.
  • Peak annual rise in FCF Payout Ratio reached 571.22% in 2023, while the deepest fall reached 2613.49% in 2023.
  • Tracing AMH's FCF Payout Ratio over 5 years: stood at 0.73 in 2021, then surged by 92.9% to 0.05 in 2022, then slumped by 2613.49% to 1.42 in 2023, then sank by 335.28% to 6.16 in 2024, then jumped by 116.01% to 0.99 in 2025.
  • The last three FCF Payout Ratio figures came in at 0.99 (Q4 2025), 0.49 (Q3 2025), and 0.44 (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Avalonbay Communities 25.91 Bn 26.13 Bn - 0.70
2 Equity Residential 25.13 Bn 25.27 Bn - 0.00
3 Invitation Homes 17.75 Bn 17.79 Bn 694.98 Mn 0.78
4 Sun Communities 15.66 Bn 15.77 Bn 491.20 Mn 0.83
5 Mid America Apartment Communities 15.34 Bn 15.42 Bn 537.05 Mn 4.38
6 American Homes 4 Rent 13.60 Bn 14.17 Bn - 0.99
7 Udr 12.44 Bn 12.44 Bn 416.43 Mn 1.66
8 Equity Lifestyle Properties 12.31 Bn 12.37 Bn 393.79 Mn 0.02
9 Camden Property Trust 11.27 Bn 11.34 Bn - 2.07
10 Millrose Properties 4.59 Bn 4.59 Bn - 0.16

Historic Data

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DateValue
Dec 31, 2025 0.99
Sep 30, 2025 0.49
Jun 30, 2025 0.44
Mar 31, 2025 0.51
Dec 31, 2024 -6.16
Sep 30, 2024 0.39
Jun 30, 2024 0.37
Mar 31, 2024 0.49
Dec 31, 2023 -1.42
Sep 30, 2023 0.63
Jun 30, 2023 0.28
Mar 31, 2023 0.62
Dec 31, 2022 -0.05
Sep 30, 2022 0.09
Jun 30, 2022 -2.83
Mar 31, 2022 -0.48
Dec 31, 2021 -0.73
Sep 30, 2021 0.18
Jun 30, 2021 0.22
Mar 31, 2021 0.22
Dec 31, 2020 1.14
Sep 30, 2020 0.06
Jun 30, 2020 0.13
Mar 31, 2020 0.63
Dec 31, 2019 0.49
Sep 30, 2019 0.08
Jun 30, 2019 0.12
Mar 31, 2019 0.17
Dec 31, 2018 0.25
Sep 30, 2018 0.17
Jun 30, 2018 0.05
Mar 31, 2018 -0.39
Dec 31, 2017 -0.05
Sep 30, 2017 -0.03
Jun 30, 2017 0.14
Mar 31, 2017 0.13
Dec 31, 2016 1.10
Sep 30, 2016 0.27
Jun 30, 2016 0.01
Mar 31, 2016 0.35
Dec 31, 2015 0.04
Sep 30, 2015 -0.01
Jun 30, 2015 -0.13
Mar 31, 2015 0.47
Dec 31, 2014 -0.51
Sep 30, 2014 0.28
Jun 30, 2014 0.00
Mar 31, 2014 -0.01
Dec 31, 2013 0.01
Sep 30, 2013 0.01