American Homes 4 Rent ( (AMH) ) has released its Q1 earnings. Here is a breakdown of the information American Homes 4 Rent presented to its investors.
American Homes 4 Rent (AMH) is a leading real estate investment trust (REIT) that specializes in owning, operating, and developing single-family rental homes across the United States. The company focuses on providing high-quality, energy-efficient homes for rent, with a significant presence in the Southeast, Midwest, Southwest, and Mountain West regions.
In its latest earnings report for the first quarter of 2025, AMH reported a strong performance with an 8.4% increase in rents and other single-family property revenues, totaling $459.3 million. The company’s net income attributable to common shareholders was $110 million, maintaining a stable earnings per share of $0.30 compared to the previous year.
Key financial highlights include a 6.6% increase in Core Funds from Operations (FFO) to $0.46 per share and a 4.4% growth in Core Net Operating Income (NOI) from Same-Home properties. The company also achieved a Same-Home Average Occupied Days Percentage of 95.9%, with a blended rate growth of 3.6% on new leases and renewals. Additionally, AMH delivered 545 newly constructed homes to its portfolio, enhancing its development pipeline.
Looking ahead, AMH remains confident in its business model and industry fundamentals, supported by a strong balance sheet and diversified portfolio. The company is well-positioned to navigate economic uncertainties and aims to sustain growth through its ongoing development and acquisition strategies.