To the full analysis
American Homes 4 Rent stock: balance sheet and debt
AMHAmerican Homes 4 Rent has a debt to equity ratio of 0.66 and an interest coverage of 3.8x.
Daily figure as of 13 Nov 2026
Debt / Equity
0.66
Interest coverage
3.8x
Current ratio
20
Cash & equivalents
$108.52M
Total assets
$13.24B
Equity ratio
58.2%
Goodwill
$120.28M
Net debt
$5.02B
Total assets and equity ratio
How large the balance sheet of American Homes 4 Rent is, how much of it is equity and how much is goodwill from acquisitions.
Equity ratio
Figures as a table
| Year | Total assets | Goodwill and intangible assets | of which goodwill | Equity ratio | Net debt |
|---|---|---|---|---|---|
| 2011 | $3.52M | not reported separately | not reported separately | 98.6% | $0 |
| 2012 | $921.46M | not reported separately | not reported separately | 98.2% | −$397.2M |
| 2013 | $4.22B | $120.66M | $120.66M | 86.4% | $292.95M |
| 2014 | $6.23B | $120.66M | $120.66M | 67.0% | $1.74B |
| 2015 | $6.75B | $120.66M | $120.66M | 58.3% | $2.54B |
| 2016 | $8.11B | $120.28M | $120.28M | 60.9% | $2.8B |
| 2017 | $8.61B | $120.28M | $120.28M | 68.3% | $2.43B |
| 2018 | $9B | $120.28M | $120.28M | 66.4% | $2.77B |
| 2019 | $9.1B | $120.28M | $120.28M | 66.1% | $2.8B |
| 2020 | $9.59B | $125.14M | $120.28M | 67.5% | $2.72B |
| 2021 | $10.96B | $133.41M | $120.28M | 61.5% | $3.85B |
| 2022 | $12.18B | $120.28M | $120.28M | 58.9% | $4.47B |
| 2023 | $12.69B | $120.28M | $120.28M | 60.3% | $4.42B |
| 2024 | $13.38B | $120.28M | $120.28M | 58.7% | $4.83B |
| 2025 | $13.24B | $120.28M | $120.28M | 58.2% | $5.02B |
The equity ratio divides total equity, including non-controlling interests, by total assets. Net debt is debt minus cash and short-term investments; a negative figure means cash exceeds debt.
Equity and debt
What the company owns and owes
- Cash & equivalents
- Equity
- Debt
Figures as a table
| Year | Cash & equivalents | Equity | Debt | Debt / Equity |
|---|---|---|---|---|
| 2011 | $0 | $3.47M | $0 | 0 |
| 2012 | $397.2M | $904.67M | $0 | 0 |
| 2013 | $148.99M | $2.93B | $441.94M | 0.12 |
| 2014 | $108.79M | $3.45B | $1.85B | 0.44 |
| 2015 | $57.69M | $3.26B | $2.59B | 0.66 |
| 2016 | $118.8M | $4.19B | $2.92B | 0.59 |
| 2017 | $46.16M | $5.15B | $2.48B | 0.42 |
| 2018 | $30.28M | $5.25B | $2.8B | 0.47 |
| 2019 | $37.58M | $5.34B | $2.84B | 0.47 |
| 2020 | $137.06M | $5.79B | $2.86B | 0.44 |
| 2021 | $48.2M | $6.06B | $3.9B | 0.58 |
| 2022 | $69.16M | $6.5B | $4.54B | 0.63 |
| 2023 | $59.39M | $6.97B | $4.48B | 0.59 |
| 2024 | $199.41M | $7.16B | $5.03B | 0.64 |
| 2025 | $108.52M | $7.03B | $5.13B | 0.66 |
Debt to equity divides debt by total equity, including non-controlling interests, as S&P calculates it. The equity column shows the part that belongs to shareholders.
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 31 Mar 2023)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.