KPIs & Operating Metrics(New)
Growth Metrics

American Homes 4 Rent (AMH) Free Cash Flow (2012 - 2025)

American Homes 4 Rent's quarterly Free Cash Flow came in at $112.2 million in Q4 2025, up 152.97% year-on-year from $44.3 million in Q4 2024, and down 50.33% quarter-over-quarter from $225.8 million in Q3 2025.

American Homes 4 Rent has reported Free Cash Flow for 14 years, with the latest figure at $112.2 million in Q4 2025.

  • For the quarter ending Q4 2025, Free Cash Flow rose 152.97% year-over-year to $112.2 million; the trailing twelve-month figure through Dec 2025 stood at $811.6 million (up 9.43% YoY), and the FY2025 full-year result was $811.6 million, up 9.43% from the prior year.
  • Free Cash Flow for Q4 2025 stood at $112.2 million, down from $225.8 million in the prior quarter.
  • The five-year high for Free Cash Flow was $668.4 million in Q3 2022, with the low at -$445.8 million in Q4 2022.
  • Average Free Cash Flow over 5 years is $143.6 million, with a median of $152.7 million recorded in 2021.
  • Year-over-year, Free Cash Flow tumbled 658.34% in 2022 and soared 1371.05% in 2023.
  • Tracing AMH's Free Cash Flow over 5 years: stood at $79.8 million in 2021, then plunged by 658.34% to -$445.8 million in 2022, then soared by 135.75% to $159.4 million in 2023, then sank by 72.19% to $44.3 million in 2024, then soared by 152.97% to $112.2 million in 2025.
  • The last three Free Cash Flow figures came in at $112.2 million (Q4 2025), $225.8 million (Q3 2025), and $254.3 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Avalonbay Communities 25.91 Bn 26.13 Bn - 359.48 Mn
2 Equity Residential 25.13 Bn 25.27 Bn - -192.61 Mn
3 Invitation Homes 17.75 Bn 17.79 Bn 694.98 Mn 236.00 Mn
4 Sun Communities 15.66 Bn 15.77 Bn 491.20 Mn 162.30 Mn
5 Mid America Apartment Communities 15.34 Bn 15.42 Bn 537.05 Mn 158.60 Mn
6 American Homes 4 Rent 13.60 Bn 14.17 Bn - 112.16 Mn
7 Udr 12.44 Bn 12.44 Bn 416.43 Mn 85.28 Mn
8 Equity Lifestyle Properties 12.31 Bn 12.37 Bn 393.79 Mn 148.95 Mn
9 Camden Property Trust 11.27 Bn 11.34 Bn - 54.08 Mn
10 Millrose Properties 4.59 Bn 4.59 Bn - 797.30 Mn

Historic Data

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DateValue
Dec 31, 2025 112.16 Mn
Dec 31, 2025 112.16 Mn
Sep 30, 2025 225.80 Mn
Sep 30, 2025 225.80 Mn
Jun 30, 2025 254.29 Mn
Jun 30, 2025 254.29 Mn
Mar 31, 2025 219.39 Mn
Mar 31, 2025 219.39 Mn
Dec 31, 2024 44.34 Mn
Dec 31, 2024 44.34 Mn
Sep 30, 2024 243.09 Mn
Sep 30, 2024 243.09 Mn
Jun 30, 2024 256.95 Mn
Jun 30, 2024 256.95 Mn
Mar 31, 2024 197.30 Mn
Mar 31, 2024 197.30 Mn
Dec 31, 2023 159.40 Mn
Dec 31, 2023 159.40 Mn
Sep 30, 2023 126.66 Mn
Sep 30, 2023 126.66 Mn
Jun 30, 2023 283.14 Mn
Jun 30, 2023 283.14 Mn
Mar 31, 2023 129.36 Mn
Mar 31, 2023 129.36 Mn
Dec 31, 2022 -445.83 Mn
Dec 31, 2022 -445.83 Mn
Sep 30, 2022 668.43 Mn
Sep 30, 2022 668.43 Mn
Jun 30, 2022 -22.28 Mn
Jun 30, 2022 -22.28 Mn
Mar 31, 2022 -129.98 Mn
Mar 31, 2022 -129.98 Mn
Dec 31, 2021 79.85 Mn
Dec 31, 2021 79.85 Mn
Sep 30, 2021 180.97 Mn
Sep 30, 2021 180.97 Mn
Jun 30, 2021 146.06 Mn
Jun 30, 2021 146.06 Mn
Mar 31, 2021 142.93 Mn
Mar 31, 2021 142.93 Mn
Dec 31, 2020 44.58 Mn
Dec 31, 2020 44.58 Mn
Sep 30, 2020 270.12 Mn
Sep 30, 2020 270.12 Mn
Jun 30, 2020 118.51 Mn
Jun 30, 2020 118.51 Mn
Mar 31, 2020 23.92 Mn
Mar 31, 2020 23.92 Mn
Dec 31, 2019 38.53 Mn
Dec 31, 2019 38.53 Mn
Sep 30, 2019 184.95 Mn
Sep 30, 2019 184.95 Mn
Jun 30, 2019 125.94 Mn
Jun 30, 2019 125.94 Mn
Mar 31, 2019 90.20 Mn
Mar 31, 2019 90.20 Mn
Dec 31, 2018 72.16 Mn
Dec 31, 2018 72.16 Mn
Sep 30, 2018 86.58 Mn
Sep 30, 2018 86.58 Mn
Jun 30, 2018 286.17 Mn
Jun 30, 2018 286.17 Mn
Mar 31, 2018 -37.18 Mn
Mar 31, 2018 -37.18 Mn
Dec 31, 2017 -285.21 Mn
Dec 31, 2017 -285.21 Mn
Sep 30, 2017 -321.77 Mn
Sep 30, 2017 -321.77 Mn
Jun 30, 2017 105.91 Mn
Jun 30, 2017 105.91 Mn
Mar 31, 2017 102.36 Mn
Mar 31, 2017 102.36 Mn
Dec 31, 2016 11.08 Mn
Dec 31, 2016 11.08 Mn
Sep 30, 2016 86.15 Mn
Sep 30, 2016 86.15 Mn
Jun 30, 2016 107.33 Mn
Jun 30, 2016 107.33 Mn
Mar 31, 2016 34.39 Mn
Mar 31, 2016 34.39 Mn
Dec 31, 2015 609.30 Mn
Dec 31, 2015 609.30 Mn
Sep 30, 2015 -407.17 Mn
Sep 30, 2015 -407.17 Mn
Jun 30, 2015 -12.11 Mn
Jun 30, 2015 -12.11 Mn
Mar 31, 2015 22.28 Mn
Mar 31, 2015 22.28 Mn
Dec 31, 2014 10.25 Mn
Dec 31, 2014 10.25 Mn
Sep 30, 2014 36.70 Mn
Sep 30, 2014 36.70 Mn
Jun 30, 2014 365.08 Mn
Jun 30, 2014 365.08 Mn
Mar 31, 2014 -293.87 Mn
Mar 31, 2014 -293.87 Mn
Dec 31, 2013 1.72 Bn
Dec 31, 2013 1.72 Bn
Sep 30, 2013 -416.09 Mn
Sep 30, 2013 -416.09 Mn
Jun 30, 2013 -1.25 Bn
Jun 30, 2013 -1.25 Bn
Mar 31, 2013 -43.74 Mn
Mar 31, 2013 -43.74 Mn
Dec 31, 2012 -2.74 Mn
Dec 31, 2012 -2.74 Mn
Sep 30, 2012 -2.19 Mn
Sep 30, 2012 -2.19 Mn