American Homes 4 Rent (AMH) Gross Margin (2015 - 2020)
American Homes 4 Rent's (AMH) quarterly Gross Margin came in at 27.87% in Q4 2020, up 197.0% year-on-year from 9.38% in Q1 2020, and down 129.99% quarter-over-quarter from 92.93% in Q3 2020.
American Homes 4 Rent (AMH) Gross Margin (2015 - 2020) Analysis & Trends
American Homes 4 Rent's Gross Margin history runs 6 years deep, the most recent figure standing at 27.87% for Q4 2020.
- On a quarterly basis, Gross Margin rose 197.0% year-over-year to 27.87% in Q4 2020; TTM through Dec 2020 was 32.69%, a 2936.0% decrease from a year earlier, with the FY2020 full-year figure at 61.93%, down 12.0% from the prior year.
- Gross Margin retreated to 27.87% in Q4 2020 per AMH's latest filing, from 92.93% in the prior quarter.
- Across five years, Gross Margin topped out at 188.36% in Q4 2018 and bottomed at 46.23% in Q4 2017.
- The 5-year median for Gross Margin is 92.35% (2019), against an average of 71.72%.
- Across the five-year window, Gross Margin surged 23460 bps in 2018 and tumbled 21821 bps in 2019, its largest moves.
- Year by year, Gross Margin stood at 71.77% in 2016, then tumbled by 164 bps to 46.23% in 2017, then surged by 507 bps to 188.36% in 2018, then sank by 116 bps to 29.84% in 2019, then rose by 7 bps to 27.87% in 2020.
- Per Business Quant, the three latest AMH Gross Margin figures stand at 27.87% (Q4 2020), 92.93% (Q3 2020), and 91.96% (Q1 2020).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.48 Bn | 26.48 Bn | - | - |
| 2 | Equity Residential | 25.80 Bn | 25.80 Bn | - | - |
| 3 | Invitation Homes | 18.05 Bn | 18.05 Bn | 694.98 Mn | 94.67% |
| 4 | Mid America Apartment Communities | 15.67 Bn | 15.54 Bn | 537.05 Mn | 96.67% |
| 5 | Sun Communities | 14.96 Bn | 14.96 Bn | 491.20 Mn | 96.71% |
| 6 | Udr | 13.01 Bn | 12.98 Bn | 416.43 Mn | 97.79% |
| 7 | Equity Lifestyle Properties | 12.85 Bn | 12.85 Bn | 378.95 Mn | 95.30% |
| 8 | American Homes 4 Rent | 12.22 Bn | 12.22 Bn | - | - |
| 9 | Camden Property Trust | 11.94 Bn | 11.94 Bn | - | - |
| 10 | Millrose Properties | 4.76 Bn | 4.76 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2020 | -27.87% |
| Sep 30, 2020 | 92.93% |
| Mar 31, 2020 | 91.96% |
| Dec 31, 2019 | -29.84% |
| Sep 30, 2019 | 92.38% |
| Jun 30, 2019 | 92.32% |
| Mar 31, 2019 | 92.58% |
| Dec 31, 2018 | 188.36% |
| Sep 30, 2018 | 59.44% |
| Jun 30, 2018 | 62.63% |
| Mar 31, 2018 | 60.86% |
| Dec 31, 2017 | -46.23% |
| Sep 30, 2017 | 99.99% |
| Jun 30, 2017 | 92.64% |
| Dec 31, 2016 | 71.77% |
| Sep 30, 2016 | 98.67% |
| Jun 30, 2016 | 99.05% |
| Mar 31, 2016 | 99.36% |
| Sep 30, 2015 | 99.33% |
| Jun 30, 2015 | 99.45% |