vs

Side-by-side financial comparison of American Homes 4 Rent (AMH) and Atour Lifestyle Holdings Ltd (ATAT). Click either name above to swap in a different company.

Atour Lifestyle Holdings Ltd is the larger business by last-quarter revenue ($789.6M vs $455.0M, roughly 1.7× American Homes 4 Rent). American Homes 4 Rent runs the higher net margin — 31.7% vs 17.6%, a 14.1% gap on every dollar of revenue. On growth, Atour Lifestyle Holdings Ltd posted the faster year-over-year revenue change (252.5% vs 4.2%). American Homes 4 Rent produced more free cash flow last quarter ($823.7M vs $210.7M).

American Homes 4 Rent, doing business as AMH, is a real estate investment trust based in Las Vegas, Nevada, that invests in single-family rental homes. As of December 31, 2019, the company owned 52,552 homes in 22 states. Its largest concentrations are in Atlanta, Dallas-Fort Worth, and Charlotte, North Carolina.

Atour Lifestyle Holdings Ltd is a leading China-based hospitality and lifestyle enterprise. It operates a wide portfolio of mid-to-premium hotel brands for business and leisure travelers, and offers complementary lifestyle retail products and experience services, catering primarily to middle-class consumers across domestic and selected overseas markets.

AMH vs ATAT — Head-to-Head

Bigger by revenue
ATAT
ATAT
1.7× larger
ATAT
$789.6M
$455.0M
AMH
Growing faster (revenue YoY)
ATAT
ATAT
+248.3% gap
ATAT
252.5%
4.2%
AMH
Higher net margin
AMH
AMH
14.1% more per $
AMH
31.7%
17.6%
ATAT
More free cash flow
AMH
AMH
$613.0M more FCF
AMH
$823.7M
$210.7M
ATAT

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
AMH
AMH
ATAT
ATAT
Revenue
$455.0M
$789.6M
Net Profit
$144.3M
$139.1M
Gross Margin
Operating Margin
22.5%
Net Margin
31.7%
17.6%
Revenue YoY
4.2%
252.5%
Net Profit YoY
0.3%
322.2%
EPS (diluted)
$0.33
$0.33

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AMH
AMH
ATAT
ATAT
Q4 25
$455.0M
Q3 25
$478.5M
$789.6M
Q2 25
$457.5M
Q1 25
$459.3M
Q4 24
$436.6M
Q3 24
$445.1M
$224.0M
Q2 24
$423.5M
Q1 24
$423.6M
$203.4M
Net Profit
AMH
AMH
ATAT
ATAT
Q4 25
$144.3M
Q3 25
$116.8M
$139.1M
Q2 25
$123.6M
Q1 25
$128.7M
Q4 24
$143.9M
Q3 24
$87.6M
$33.0M
Q2 24
$108.5M
Q1 24
$128.1M
$35.6M
Operating Margin
AMH
AMH
ATAT
ATAT
Q4 25
Q3 25
22.5%
Q2 25
Q1 25
Q4 24
Q3 24
14.7%
Q2 24
Q1 24
22.1%
Net Margin
AMH
AMH
ATAT
ATAT
Q4 25
31.7%
Q3 25
24.4%
17.6%
Q2 25
27.0%
Q1 25
28.0%
Q4 24
33.0%
Q3 24
19.7%
14.7%
Q2 24
25.6%
Q1 24
30.2%
17.5%
EPS (diluted)
AMH
AMH
ATAT
ATAT
Q4 25
$0.33
Q3 25
$0.27
$0.33
Q2 25
$0.28
Q1 25
$0.30
Q4 24
$0.33
Q3 24
$0.20
$0.08
Q2 24
$0.25
Q1 24
$0.30
$0.09

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AMH
AMH
ATAT
ATAT
Cash + ST InvestmentsLiquidity on hand
$108.5M
$669.2M
Total DebtLower is stronger
$5.1B
Stockholders' EquityBook value
$7.0B
$405.0M
Total Assets
$13.2B
$1.1B
Debt / EquityLower = less leverage
0.72×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMH
AMH
ATAT
ATAT
Q4 25
$108.5M
Q3 25
$45.6M
$669.2M
Q2 25
$323.3M
Q1 25
$69.7M
Q4 24
$199.4M
Q3 24
$162.5M
$506.0M
Q2 24
$718.4M
Q1 24
$124.8M
$520.7M
Total Debt
AMH
AMH
ATAT
ATAT
Q4 25
$5.1B
Q3 25
$4.8B
Q2 25
$5.2B
Q1 25
$4.9B
Q4 24
$5.0B
Q3 24
$4.5B
Q2 24
$5.0B
Q1 24
$4.5B
$277.0K
Stockholders' Equity
AMH
AMH
ATAT
ATAT
Q4 25
$7.0B
Q3 25
$7.2B
$405.0M
Q2 25
$7.2B
Q1 25
$7.2B
Q4 24
$7.2B
Q3 24
$7.0B
$291.3M
Q2 24
$7.0B
Q1 24
$7.0B
$323.5M
Total Assets
AMH
AMH
ATAT
ATAT
Q4 25
$13.2B
Q3 25
$13.3B
$1.1B
Q2 25
$13.6B
Q1 25
$13.3B
Q4 24
$13.4B
Q3 24
$12.8B
$927.8M
Q2 24
$13.3B
Q1 24
$12.8B
$936.3M
Debt / Equity
AMH
AMH
ATAT
ATAT
Q4 25
0.72×
Q3 25
0.68×
Q2 25
0.72×
Q1 25
0.69×
Q4 24
0.70×
Q3 24
0.64×
Q2 24
0.71×
Q1 24
0.64×
0.00×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AMH
AMH
ATAT
ATAT
Operating Cash FlowLast quarter
$864.3M
$216.6M
Free Cash FlowOCF − Capex
$823.7M
$210.7M
FCF MarginFCF / Revenue
181.0%
26.7%
Capex IntensityCapex / Revenue
8.9%
0.8%
Cash ConversionOCF / Net Profit
5.99×
1.56×
TTM Free Cash FlowTrailing 4 quarters
$1.5B
$359.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMH
AMH
ATAT
ATAT
Q4 25
$864.3M
Q3 25
$223.3M
$216.6M
Q2 25
$271.9M
Q1 25
$223.4M
Q4 24
$811.5M
Q3 24
$233.6M
$84.8M
Q2 24
$274.0M
Q1 24
$201.8M
$19.8M
Free Cash Flow
AMH
AMH
ATAT
ATAT
Q4 25
$823.7M
Q3 25
$214.5M
$210.7M
Q2 25
$257.7M
Q1 25
$215.9M
Q4 24
$777.5M
Q3 24
$225.3M
$83.3M
Q2 24
$263.3M
Q1 24
$191.0M
$18.1M
FCF Margin
AMH
AMH
ATAT
ATAT
Q4 25
181.0%
Q3 25
44.8%
26.7%
Q2 25
56.3%
Q1 25
47.0%
Q4 24
178.1%
Q3 24
50.6%
37.2%
Q2 24
62.2%
Q1 24
45.1%
8.9%
Capex Intensity
AMH
AMH
ATAT
ATAT
Q4 25
8.9%
Q3 25
1.8%
0.8%
Q2 25
3.1%
Q1 25
1.6%
Q4 24
7.8%
Q3 24
1.9%
0.7%
Q2 24
2.5%
Q1 24
2.6%
0.9%
Cash Conversion
AMH
AMH
ATAT
ATAT
Q4 25
5.99×
Q3 25
1.91×
1.56×
Q2 25
2.20×
Q1 25
1.74×
Q4 24
5.64×
Q3 24
2.67×
2.57×
Q2 24
2.52×
Q1 24
1.58×
0.56×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons