Valuation American Homes 4 Rent

Stocks

Real-time Estimate Cboe BZX 01:03:23 2026-08-27 pm EDT			5-day change	1st Jan Change
33.66 ^USD	-1.48%		-2.05%	+4.88%

Aug. 20	American Homes 4 Rent Declares Cash Distribution for the Third Quarter of 2026, Payable on September 30, 2026	CI
Aug. 03	RBC Capital Adjusts American Homes 4 Rent Price Target to $37 From $36, Maintains Outperform Rating	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	14,583	10,653	13,020	13,827	11,912	12,291	-	-
Change	-	-26.95%	22.22%	6.2%	-13.85%	3.18%	-	-
Enterprise Value (EV) ¹	18,415	15,100	17,422	18,638	16,900	17,364	17,613	17,742
Change	-	-18%	15.38%	6.98%	-9.33%	2.75%	1.43%	0.73%
P/E	106x	42.5x	35.6x	34.6x	27.2x	35.8x	44x	49.6x
PBR	2.43x	1.64x	1.88x	1.93x	1.67x	2.01x	1.94x	1.96x
PEG	-	0.6x	0.8x	4.99x	2.94x	-1.9x	-2.4x	-4.4x
Capitalization / Revenue	11.2x	7.15x	8.02x	8x	6.44x	6.45x	6.24x	5.94x
EV / Revenue	14.1x	10.1x	10.7x	10.8x	9.13x	9.11x	8.94x	8.57x
EV / EBITDA	27.9x	20.6x	21.5x	20.4x	17.4x	17.1x	16.6x	16x
EV / EBIT	64x	45.6x	49.4x	46.5x	36.4x	35.2x	33.3x	30.5x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Dividend per Share ²	0.4	0.72	0.88	1.04	1.2	1.317	1.389	1.46
Rate of return	0.92%	2.39%	2.45%	2.78%	3.74%	3.85%	4.06%	4.27%
EPS ²	0.41	0.71	1.01	1.08	1.18	0.954	0.7766	0.6889
Distribution rate	97.6%	101%	87.1%	96.3%	102%	138%	179%	212%
Net sales ¹	1,304	1,491	1,624	1,729	1,850	1,905	1,971	2,070
EBITDA ¹	660.4	734.2	809.3	912.1	968.5	1,016	1,058	1,108
EBIT ¹	287.5	331.2	352.7	400.7	464.1	494	528.2	580.9
Net income ¹	135.3	250.8	366.2	398.5	439	380	294.9	275.5
Net Debt ¹	3,832	4,447	4,402	4,811	4,987	5,073	5,321	5,450
Reference price ²	43.61	30.14	35.96	37.42	32.10	34.16	34.16	34.16
Nbr of stocks (in thousands)	334,396	353,445	362,056	369,507	371,106	359,815	-	-
Announcement Date	2/24/22	2/23/23	2/22/24	2/20/25	2/19/26	-	-	-

¹USD in Million²USD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
AMERICAN HOMES 4 RENT	35.81x	9.11x	17.09x	3.85%	12.29B
ESSEX PROPERTY TRUST, INC.	50.44x	12.8x	19.59x	3.6%	18.52B
INVITATION HOMES INC.	30.23x	8.8x	16.84x	4.02%	17.65B
MID-AMERICA APARTMENT COMMUNITIES, INC.	35.65x	9.43x	16.71x	4.67%	15.26B
SUN COMMUNITIES, INC.	-47.88x	9.15x	20.18x	3.57%	15.25B
EQUITY LIFESTYLE PROPERTIES, INC.	31.44x	10.04x	20.55x	3.34%	12.55B
UDR, INC.	37.75x	10.59x	17.24x	4.58%	12.19B
CAMDEN PROPERTY TRUST	91.7x	9.49x	17.02x	3.94%	11.03B
INDEPENDENCE REALTY TRUST, INC.	67.8x	9.28x	16.88x	4.19%	3.91B
Average	36.99x	9.85x	18.01x	3.97%	13.18B
Weighted average by Cap.	32.47x	9.98x	18.16x	3.95%