Valuation American Homes 4 Rent

Stocks

Real-time Estimate Cboe BZX 02:18:29 2026-08-26 pm EDT			5-day change	1st Jan Change
34.42 ^USD	-0.39%		+0.29%	+7.26%

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	12,435	-	-
Change	-	-26.95%	22.22%	6.2%	-13.85%	4.39%	-	-
Enterprise Value (EV) ¹	18,415	15,100	17,422	18,638	16,900	17,508	17,757	17,886
Change	-	-18%	15.38%	6.98%	-9.33%	3.6%	1.42%	0.73%
P/E	106x	42.5x	35.6x	34.6x	27.2x	36.2x	44.5x	50.2x
PBR	2.43x	1.64x	1.88x	1.93x	1.67x	2.04x	1.96x	1.98x
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	6.53x	6.31x	6.01x
EV / Revenue	14.1x	10.1x	10.7x	10.8x	9.13x	9.19x	9.01x	8.64x
EV / EBITDA	27.9x	20.6x	21.5x	20.4x	17.4x	17.2x	16.8x	16.1x
EV / EBIT	64x	45.6x	49.4x	46.5x	36.4x	35.4x	33.6x	30.8x
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%	3.81%	4.02%	4.22%
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	34.56	34.56	34.56
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	36.23x	9.19x	17.24x	3.81%	12.44B
ESSEX PROPERTY TRUST, INC.	51.11x	12.96x	19.81x	3.55%	18.77B
INVITATION HOMES INC.	30.55x	8.86x	16.96x	3.98%	17.84B
SUN COMMUNITIES, INC.	-48.15x	9.19x	20.27x	3.55%	15.34B
MID-AMERICA APARTMENT COMMUNITIES, INC.	36.01x	9.45x	16.77x	4.65%	15.31B
EQUITY LIFESTYLE PROPERTIES, INC.	31.76x	10.12x	20.72x	3.31%	12.68B
UDR, INC.	37.99x	10.64x	17.31x	4.55%	12.26B
CAMDEN PROPERTY TRUST	92.27x	9.54x	17.1x	3.92%	11.1B
INDEPENDENCE REALTY TRUST, INC.	68.12x	9.31x	16.93x	4.17%	3.93B
Average	37.32x	9.92x	18.12x	3.94%	13.3B
Weighted average by Cap.	32.82x	10.05x	18.28x	3.91%