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Side-by-side financial comparison of American Homes 4 Rent (AMH) and Barnes & Noble Education, Inc. (BNED). Click either name above to swap in a different company.
Barnes & Noble Education, Inc. is the larger business by last-quarter revenue ($598.2M vs $455.0M, roughly 1.3× American Homes 4 Rent). American Homes 4 Rent runs the higher net margin — 31.7% vs 4.2%, a 27.5% gap on every dollar of revenue. On growth, Barnes & Noble Education, Inc. posted the faster year-over-year revenue change (6.9% vs 4.2%). American Homes 4 Rent produced more free cash flow last quarter ($823.7M vs $61.9M). Over the past eight quarters, Barnes & Noble Education, Inc.'s revenue compounded faster (20.0% CAGR vs 3.6%).
American Homes 4 RentAMHEarnings & Financial Report
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.
Barnes & Noble Booksellers is an American bookseller with the largest number of retail outlets in the United States. The company operates approximately 700+ retail stores across the United States.
AMH vs BNED — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $455.0M | $598.2M |
| Net Profit | $144.3M | $25.0M |
| Gross Margin | — | 21.7% |
| Operating Margin | — | 6.8% |
| Net Margin | 31.7% | 4.2% |
| Revenue YoY | 4.2% | 6.9% |
| Net Profit YoY | 0.3% | -49.7% |
| EPS (diluted) | $0.33 | $0.72 |
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.
| Q4 25 | $455.0M | $598.2M | ||
| Q3 25 | $478.5M | $274.2M | ||
| Q2 25 | $457.5M | $233.0M | ||
| Q1 25 | $459.3M | $419.7M | ||
| Q4 24 | $436.6M | $559.7M | ||
| Q3 24 | $445.1M | $250.9M | ||
| Q2 24 | $423.5M | $192.7M | ||
| Q1 24 | $423.6M | $415.4M |
| Q4 25 | $144.3M | $25.0M | ||
| Q3 25 | $116.8M | $-18.3M | ||
| Q2 25 | $123.6M | $-23.0M | ||
| Q1 25 | $128.7M | $17.9M | ||
| Q4 24 | $143.9M | $43.2M | ||
| Q3 24 | $87.6M | $-103.9M | ||
| Q2 24 | $108.5M | $-41.9M | ||
| Q1 24 | $128.1M | $-9.3M |
| Q4 25 | — | 21.7% | ||
| Q3 25 | — | 20.2% | ||
| Q2 25 | — | 30.3% | ||
| Q1 25 | — | 22.3% | ||
| Q4 24 | — | 23.0% | ||
| Q3 24 | — | 17.9% | ||
| Q2 24 | — | 28.7% | ||
| Q1 24 | — | 24.2% |
| Q4 25 | — | 6.8% | ||
| Q3 25 | — | -8.4% | ||
| Q2 25 | — | -4.9% | ||
| Q1 25 | — | 4.5% | ||
| Q4 24 | — | 8.4% | ||
| Q3 24 | — | -15.4% | ||
| Q2 24 | — | -16.3% | ||
| Q1 24 | — | 0.4% |
| Q4 25 | 31.7% | 4.2% | ||
| Q3 25 | 24.4% | -6.7% | ||
| Q2 25 | 27.0% | -9.9% | ||
| Q1 25 | 28.0% | 4.3% | ||
| Q4 24 | 33.0% | 7.7% | ||
| Q3 24 | 19.7% | -41.4% | ||
| Q2 24 | 25.6% | -21.7% | ||
| Q1 24 | 30.2% | -2.2% |
| Q4 25 | $0.33 | $0.72 | ||
| Q3 25 | $0.27 | $-0.54 | ||
| Q2 25 | $0.28 | $2.97 | ||
| Q1 25 | $0.30 | $0.59 | ||
| Q4 24 | $0.33 | $1.63 | ||
| Q3 24 | $0.20 | $-7.69 | ||
| Q2 24 | $0.25 | $-15.68 | ||
| Q1 24 | $0.30 | $-3.49 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $108.5M | $11.7M |
| Total DebtLower is stronger | $5.1B | $122.5M |
| Stockholders' EquityBook value | $7.0B | $283.2M |
| Total Assets | $13.2B | $1.1B |
| Debt / EquityLower = less leverage | 0.72× | 0.43× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $108.5M | $11.7M | ||
| Q3 25 | $45.6M | $7.3M | ||
| Q2 25 | $323.3M | $9.1M | ||
| Q1 25 | $69.7M | $9.2M | ||
| Q4 24 | $199.4M | $11.6M | ||
| Q3 24 | $162.5M | $8.2M | ||
| Q2 24 | $718.4M | $10.5M | ||
| Q1 24 | $124.8M | $8.1M |
| Q4 25 | $5.1B | $122.5M | ||
| Q3 25 | $4.8B | $170.0M | ||
| Q2 25 | $5.2B | $103.1M | ||
| Q1 25 | $4.9B | $141.2M | ||
| Q4 24 | $5.0B | $177.6M | ||
| Q3 24 | $4.5B | $221.9M | ||
| Q2 24 | $5.0B | $196.3M | ||
| Q1 24 | $4.5B | $30.2M |
| Q4 25 | $7.0B | $283.2M | ||
| Q3 25 | $7.2B | $256.5M | ||
| Q2 25 | $7.2B | $272.2M | ||
| Q1 25 | $7.2B | $292.9M | ||
| Q4 24 | $7.2B | $211.4M | ||
| Q3 24 | $7.0B | $149.8M | ||
| Q2 24 | $7.0B | $80.4M | ||
| Q1 24 | $7.0B | $121.5M |
| Q4 25 | $13.2B | $1.1B | ||
| Q3 25 | $13.3B | $950.8M | ||
| Q2 25 | $13.6B | $790.3M | ||
| Q1 25 | $13.3B | $1.1B | ||
| Q4 24 | $13.4B | $1.0B | ||
| Q3 24 | $12.8B | $973.2M | ||
| Q2 24 | $13.3B | $909.9M | ||
| Q1 24 | $12.8B | $1.2B |
| Q4 25 | 0.72× | 0.43× | ||
| Q3 25 | 0.68× | 0.66× | ||
| Q2 25 | 0.72× | 0.38× | ||
| Q1 25 | 0.69× | 0.48× | ||
| Q4 24 | 0.70× | 0.84× | ||
| Q3 24 | 0.64× | 1.48× | ||
| Q2 24 | 0.71× | 2.44× | ||
| Q1 24 | 0.64× | 0.25× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $864.3M | $66.2M |
| Free Cash FlowOCF − Capex | $823.7M | $61.9M |
| FCF MarginFCF / Revenue | 181.0% | 10.4% |
| Capex IntensityCapex / Revenue | 8.9% | 0.7% |
| Cash ConversionOCF / Net Profit | 5.99× | 2.65× |
| TTM Free Cash FlowTrailing 4 quarters | $1.5B | $-4.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $864.3M | $66.2M | ||
| Q3 25 | $223.3M | $-67.6M | ||
| Q2 25 | $271.9M | $52.6M | ||
| Q1 25 | $223.4M | $-41.9M | ||
| Q4 24 | $811.5M | $47.4M | ||
| Q3 24 | $233.6M | $-143.5M | ||
| Q2 24 | $274.0M | $81.7M | ||
| Q1 24 | $201.8M | $-35.8M |
| Q4 25 | $823.7M | $61.9M | ||
| Q3 25 | $214.5M | $-71.3M | ||
| Q2 25 | $257.7M | $49.5M | ||
| Q1 25 | $215.9M | $-44.7M | ||
| Q4 24 | $777.5M | $44.4M | ||
| Q3 24 | $225.3M | $-147.5M | ||
| Q2 24 | $263.3M | $79.1M | ||
| Q1 24 | $191.0M | $-39.0M |
| Q4 25 | 181.0% | 10.4% | ||
| Q3 25 | 44.8% | -26.0% | ||
| Q2 25 | 56.3% | 21.3% | ||
| Q1 25 | 47.0% | -10.7% | ||
| Q4 24 | 178.1% | 7.9% | ||
| Q3 24 | 50.6% | -58.8% | ||
| Q2 24 | 62.2% | 41.1% | ||
| Q1 24 | 45.1% | -9.4% |
| Q4 25 | 8.9% | 0.7% | ||
| Q3 25 | 1.8% | 1.4% | ||
| Q2 25 | 3.1% | 1.3% | ||
| Q1 25 | 1.6% | 0.7% | ||
| Q4 24 | 7.8% | 0.5% | ||
| Q3 24 | 1.9% | 1.6% | ||
| Q2 24 | 2.5% | 1.4% | ||
| Q1 24 | 2.6% | 0.8% |
| Q4 25 | 5.99× | 2.65× | ||
| Q3 25 | 1.91× | — | ||
| Q2 25 | 2.20× | — | ||
| Q1 25 | 1.74× | -2.34× | ||
| Q4 24 | 5.64× | 1.10× | ||
| Q3 24 | 2.67× | — | ||
| Q2 24 | 2.52× | — | ||
| Q1 24 | 1.58× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AMH
Segment breakdown not available.
BNED
| Course Materials Product | $459.3M | 77% |
| General Merchandise Product | $112.9M | 19% |
| Serviceand Other | $26.1M | 4% |
