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Side-by-side financial comparison of American Homes 4 Rent (AMH) and BIO-RAD LABORATORIES, INC. (BIO). Click either name above to swap in a different company.

BIO-RAD LABORATORIES, INC. is the larger business by last-quarter revenue ($693.2M vs $455.0M, roughly 1.5× American Homes 4 Rent). BIO-RAD LABORATORIES, INC. runs the higher net margin — 103.9% vs 31.7%, a 72.2% gap on every dollar of revenue. On growth, American Homes 4 Rent posted the faster year-over-year revenue change (4.2% vs 3.9%). American Homes 4 Rent produced more free cash flow last quarter ($823.7M vs $119.1M). Over the past eight quarters, BIO-RAD LABORATORIES, INC.'s revenue compounded faster (6.5% CAGR vs 3.6%).

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.

Bio-Rad Laboratories, Inc. is an American developer and manufacturer of specialized technological products for the life science research and clinical diagnostics markets. The company was founded in 1952 in Berkeley, California, by husband and wife team David and Alice Schwartz, both graduates of the University of California, Berkeley. Bio-Rad is based in Hercules, California, and has operations worldwide.

AMH vs BIO — Head-to-Head

Bigger by revenue
BIO
BIO
1.5× larger
BIO
$693.2M
$455.0M
AMH
Growing faster (revenue YoY)
AMH
AMH
+0.4% gap
AMH
4.2%
3.9%
BIO
Higher net margin
BIO
BIO
72.2% more per $
BIO
103.9%
31.7%
AMH
More free cash flow
AMH
AMH
$704.6M more FCF
AMH
$823.7M
$119.1M
BIO
Faster 2-yr revenue CAGR
BIO
BIO
Annualised
BIO
6.5%
3.6%
AMH

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AMH
AMH
BIO
BIO
Revenue
$455.0M
$693.2M
Net Profit
$144.3M
$720.0M
Gross Margin
49.8%
Operating Margin
-17.2%
Net Margin
31.7%
103.9%
Revenue YoY
4.2%
3.9%
Net Profit YoY
0.3%
200.6%
EPS (diluted)
$0.33
$26.59

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
BIO
BIO
Q4 25
$455.0M
$693.2M
Q3 25
$478.5M
$653.0M
Q2 25
$457.5M
$651.6M
Q1 25
$459.3M
$585.4M
Q4 24
$436.6M
$667.5M
Q3 24
$445.1M
$649.7M
Q2 24
$423.5M
$638.5M
Q1 24
$423.6M
$610.8M
Net Profit
AMH
AMH
BIO
BIO
Q4 25
$144.3M
$720.0M
Q3 25
$116.8M
$-341.9M
Q2 25
$123.6M
$317.8M
Q1 25
$128.7M
$64.0M
Q4 24
$143.9M
$-715.8M
Q3 24
$87.6M
$653.2M
Q2 24
$108.5M
$-2.2B
Q1 24
$128.1M
$383.9M
Gross Margin
AMH
AMH
BIO
BIO
Q4 25
49.8%
Q3 25
52.6%
Q2 25
53.0%
Q1 25
52.3%
Q4 24
51.2%
Q3 24
54.8%
Q2 24
55.6%
Q1 24
53.4%
Operating Margin
AMH
AMH
BIO
BIO
Q4 25
-17.2%
Q3 25
10.0%
Q2 25
11.8%
Q1 25
4.0%
Q4 24
8.7%
Q3 24
9.9%
Q2 24
15.9%
Q1 24
7.3%
Net Margin
AMH
AMH
BIO
BIO
Q4 25
31.7%
103.9%
Q3 25
24.4%
-52.4%
Q2 25
27.0%
48.8%
Q1 25
28.0%
10.9%
Q4 24
33.0%
-107.2%
Q3 24
19.7%
100.5%
Q2 24
25.6%
-339.2%
Q1 24
30.2%
62.9%
EPS (diluted)
AMH
AMH
BIO
BIO
Q4 25
$0.33
$26.59
Q3 25
$0.27
$-12.70
Q2 25
$0.28
$11.67
Q1 25
$0.30
$2.29
Q4 24
$0.33
$-25.89
Q3 24
$0.20
$23.34
Q2 24
$0.25
$-76.26
Q1 24
$0.30
$13.45

Balance Sheet & Financial Strength

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

Metric
AMH
AMH
BIO
BIO
Cash + ST InvestmentsLiquidity on hand
$108.5M
$1.5B
Total DebtLower is stronger
$5.1B
$1.2B
Stockholders' EquityBook value
$7.0B
$7.5B
Total Assets
$13.2B
$10.6B
Debt / EquityLower = less leverage
0.72×
0.16×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMH
AMH
BIO
BIO
Q4 25
$108.5M
$1.5B
Q3 25
$45.6M
$1.4B
Q2 25
$323.3M
$1.4B
Q1 25
$69.7M
$1.7B
Q4 24
$199.4M
$1.7B
Q3 24
$162.5M
$1.6B
Q2 24
$718.4M
$1.6B
Q1 24
$124.8M
$1.6B
Total Debt
AMH
AMH
BIO
BIO
Q4 25
$5.1B
$1.2B
Q3 25
$4.8B
$1.2B
Q2 25
$5.2B
Q1 25
$4.9B
Q4 24
$5.0B
$1.2B
Q3 24
$4.5B
Q2 24
$5.0B
Q1 24
$4.5B
Stockholders' Equity
AMH
AMH
BIO
BIO
Q4 25
$7.0B
$7.5B
Q3 25
$7.2B
$6.7B
Q2 25
$7.2B
$7.1B
Q1 25
$7.2B
$6.7B
Q4 24
$7.2B
$6.6B
Q3 24
$7.0B
$7.5B
Q2 24
$7.0B
$6.8B
Q1 24
$7.0B
$9.1B
Total Assets
AMH
AMH
BIO
BIO
Q4 25
$13.2B
$10.6B
Q3 25
$13.3B
$9.7B
Q2 25
$13.6B
$10.2B
Q1 25
$13.3B
$9.5B
Q4 24
$13.4B
$9.4B
Q3 24
$12.8B
$10.6B
Q2 24
$13.3B
$9.7B
Q1 24
$12.8B
$12.6B
Debt / Equity
AMH
AMH
BIO
BIO
Q4 25
0.72×
0.16×
Q3 25
0.68×
0.18×
Q2 25
0.72×
Q1 25
0.69×
Q4 24
0.70×
0.18×
Q3 24
0.64×
Q2 24
0.71×
Q1 24
0.64×

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
BIO
BIO
Operating Cash FlowLast quarter
$864.3M
$164.9M
Free Cash FlowOCF − Capex
$823.7M
$119.1M
FCF MarginFCF / Revenue
181.0%
17.2%
Capex IntensityCapex / Revenue
8.9%
6.6%
Cash ConversionOCF / Net Profit
5.99×
0.23×
TTM Free Cash FlowTrailing 4 quarters
$1.5B
$374.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMH
AMH
BIO
BIO
Q4 25
$864.3M
$164.9M
Q3 25
$223.3M
$120.9M
Q2 25
$271.9M
$116.5M
Q1 25
$223.4M
$129.9M
Q4 24
$811.5M
$124.2M
Q3 24
$233.6M
$163.6M
Q2 24
$274.0M
$97.6M
Q1 24
$201.8M
$69.8M
Free Cash Flow
AMH
AMH
BIO
BIO
Q4 25
$823.7M
$119.1M
Q3 25
$214.5M
$89.2M
Q2 25
$257.7M
$70.8M
Q1 25
$215.9M
$95.5M
Q4 24
$777.5M
$81.2M
Q3 24
$225.3M
$123.4M
Q2 24
$263.3M
$55.4M
Q1 24
$191.0M
$29.6M
FCF Margin
AMH
AMH
BIO
BIO
Q4 25
181.0%
17.2%
Q3 25
44.8%
13.7%
Q2 25
56.3%
10.9%
Q1 25
47.0%
16.3%
Q4 24
178.1%
12.2%
Q3 24
50.6%
19.0%
Q2 24
62.2%
8.7%
Q1 24
45.1%
4.8%
Capex Intensity
AMH
AMH
BIO
BIO
Q4 25
8.9%
6.6%
Q3 25
1.8%
4.9%
Q2 25
3.1%
7.0%
Q1 25
1.6%
5.9%
Q4 24
7.8%
6.4%
Q3 24
1.9%
6.2%
Q2 24
2.5%
6.6%
Q1 24
2.6%
6.6%
Cash Conversion
AMH
AMH
BIO
BIO
Q4 25
5.99×
0.23×
Q3 25
1.91×
Q2 25
2.20×
0.37×
Q1 25
1.74×
2.03×
Q4 24
5.64×
Q3 24
2.67×
0.25×
Q2 24
2.52×
Q1 24
1.58×
0.18×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AMH
AMH

Segment breakdown not available.

BIO
BIO

Clinical Diagnostics$425.3M61%
Life Science$267.9M39%

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