vs
Side-by-side financial comparison of American Homes 4 Rent (AMH) and CALERES INC (CAL). Click either name above to swap in a different company.
CALERES INC is the larger business by last-quarter revenue ($790.1M vs $455.0M, roughly 1.7× American Homes 4 Rent). American Homes 4 Rent runs the higher net margin — 31.7% vs 0.3%, a 31.4% gap on every dollar of revenue. On growth, CALERES INC posted the faster year-over-year revenue change (6.6% vs 4.2%). American Homes 4 Rent produced more free cash flow last quarter ($823.7M vs $-12.4M). Over the past eight quarters, CALERES INC's revenue compounded faster (6.5% 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.
Caleres Inc. is an American footwear company that owns and operates a variety of footwear brands. Its headquarters is located in Clayton, Missouri, a suburb of St. Louis. The company was founded in 1878 as Bryan, Brown & Company in St. Louis, though it underwent several name changes. The Hamilton-Brown Shoe Company was the largest manufacturer of shoes in America in the early 20th century, but it went bankrupt in June 1939.
AMH vs CAL — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $455.0M | $790.1M |
| Net Profit | $144.3M | $2.4M |
| Gross Margin | — | 41.8% |
| Operating Margin | — | 1.5% |
| Net Margin | 31.7% | 0.3% |
| Revenue YoY | 4.2% | 6.6% |
| Net Profit YoY | 0.3% | -94.2% |
| EPS (diluted) | $0.33 | $0.07 |
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 | $790.1M | ||
| Q3 25 | $478.5M | $658.5M | ||
| Q2 25 | $457.5M | $614.2M | ||
| Q1 25 | $459.3M | $639.2M | ||
| Q4 24 | $436.6M | $740.9M | ||
| Q3 24 | $445.1M | $683.3M | ||
| Q2 24 | $423.5M | $659.2M | ||
| Q1 24 | $423.6M | $697.1M |
| Q4 25 | $144.3M | $2.4M | ||
| Q3 25 | $116.8M | $6.7M | ||
| Q2 25 | $123.6M | $6.9M | ||
| Q1 25 | $128.7M | $4.9M | ||
| Q4 24 | $143.9M | $41.4M | ||
| Q3 24 | $87.6M | $30.0M | ||
| Q2 24 | $108.5M | $30.9M | ||
| Q1 24 | $128.1M | $55.7M |
| Q4 25 | — | 41.8% | ||
| Q3 25 | — | 43.4% | ||
| Q2 25 | — | 45.4% | ||
| Q1 25 | — | 43.0% | ||
| Q4 24 | — | 44.1% | ||
| Q3 24 | — | 45.5% | ||
| Q2 24 | — | 46.9% | ||
| Q1 24 | — | 43.9% |
| Q4 25 | — | 1.5% | ||
| Q3 25 | — | 1.4% | ||
| Q2 25 | — | 1.9% | ||
| Q1 25 | — | 1.2% | ||
| Q4 24 | — | 7.7% | ||
| Q3 24 | — | 6.2% | ||
| Q2 24 | — | 6.5% | ||
| Q1 24 | — | 4.4% |
| Q4 25 | 31.7% | 0.3% | ||
| Q3 25 | 24.4% | 1.0% | ||
| Q2 25 | 27.0% | 1.1% | ||
| Q1 25 | 28.0% | 0.8% | ||
| Q4 24 | 33.0% | 5.6% | ||
| Q3 24 | 19.7% | 4.4% | ||
| Q2 24 | 25.6% | 4.7% | ||
| Q1 24 | 30.2% | 8.0% |
| Q4 25 | $0.33 | $0.07 | ||
| Q3 25 | $0.27 | $0.20 | ||
| Q2 25 | $0.28 | $0.21 | ||
| Q1 25 | $0.30 | $0.17 | ||
| Q4 24 | $0.33 | $1.19 | ||
| Q3 24 | $0.20 | $0.85 | ||
| Q2 24 | $0.25 | $0.88 | ||
| Q1 24 | $0.30 | $1.56 |
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 | $34.0M |
| Total DebtLower is stronger | $5.1B | — |
| Stockholders' EquityBook value | $7.0B | $616.8M |
| Total Assets | $13.2B | $2.1B |
| Debt / EquityLower = less leverage | 0.72× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $108.5M | $34.0M | ||
| Q3 25 | $45.6M | $191.5M | ||
| Q2 25 | $323.3M | $33.1M | ||
| Q1 25 | $69.7M | $29.6M | ||
| Q4 24 | $199.4M | $33.7M | ||
| Q3 24 | $162.5M | $51.8M | ||
| Q2 24 | $718.4M | $30.7M | ||
| Q1 24 | $124.8M | $21.4M |
| 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 | — |
| Q4 25 | $7.0B | $616.8M | ||
| Q3 25 | $7.2B | $613.3M | ||
| Q2 25 | $7.2B | $605.2M | ||
| Q1 25 | $7.2B | $599.0M | ||
| Q4 24 | $7.2B | $598.3M | ||
| Q3 24 | $7.0B | $606.1M | ||
| Q2 24 | $7.0B | $570.3M | ||
| Q1 24 | $7.0B | $560.6M |
| Q4 25 | $13.2B | $2.1B | ||
| Q3 25 | $13.3B | $2.2B | ||
| Q2 25 | $13.6B | $1.9B | ||
| Q1 25 | $13.3B | $1.9B | ||
| Q4 24 | $13.4B | $2.0B | ||
| Q3 24 | $12.8B | $2.0B | ||
| Q2 24 | $13.3B | $1.9B | ||
| Q1 24 | $12.8B | $1.8B |
| 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× | — |
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 | $-1.2M |
| Free Cash FlowOCF − Capex | $823.7M | $-12.4M |
| FCF MarginFCF / Revenue | 181.0% | -1.6% |
| Capex IntensityCapex / Revenue | 8.9% | 1.4% |
| Cash ConversionOCF / Net Profit | 5.99× | -0.50× |
| TTM Free Cash FlowTrailing 4 quarters | $1.5B | $14.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $864.3M | $-1.2M | ||
| Q3 25 | $223.3M | $47.3M | ||
| Q2 25 | $271.9M | $-5.7M | ||
| Q1 25 | $223.4M | $28.7M | ||
| Q4 24 | $811.5M | $-39.8M | ||
| Q3 24 | $233.6M | $79.6M | ||
| Q2 24 | $274.0M | $36.1M | ||
| Q1 24 | $201.8M | $43.0M |
| Q4 25 | $823.7M | $-12.4M | ||
| Q3 25 | $214.5M | $35.0M | ||
| Q2 25 | $257.7M | $-26.2M | ||
| Q1 25 | $215.9M | $18.0M | ||
| Q4 24 | $777.5M | $-57.4M | ||
| Q3 24 | $225.3M | $68.5M | ||
| Q2 24 | $263.3M | $26.3M | ||
| Q1 24 | $191.0M | $32.4M |
| Q4 25 | 181.0% | -1.6% | ||
| Q3 25 | 44.8% | 5.3% | ||
| Q2 25 | 56.3% | -4.3% | ||
| Q1 25 | 47.0% | 2.8% | ||
| Q4 24 | 178.1% | -7.7% | ||
| Q3 24 | 50.6% | 10.0% | ||
| Q2 24 | 62.2% | 4.0% | ||
| Q1 24 | 45.1% | 4.6% |
| Q4 25 | 8.9% | 1.4% | ||
| Q3 25 | 1.8% | 1.9% | ||
| Q2 25 | 3.1% | 3.3% | ||
| Q1 25 | 1.6% | 1.7% | ||
| Q4 24 | 7.8% | 2.4% | ||
| Q3 24 | 1.9% | 1.6% | ||
| Q2 24 | 2.5% | 1.5% | ||
| Q1 24 | 2.6% | 1.5% |
| Q4 25 | 5.99× | -0.50× | ||
| Q3 25 | 1.91× | 7.05× | ||
| Q2 25 | 2.20× | -0.81× | ||
| Q1 25 | 1.74× | 5.82× | ||
| Q4 24 | 5.64× | -0.96× | ||
| Q3 24 | 2.67× | 2.66× | ||
| Q2 24 | 2.52× | 1.17× | ||
| Q1 24 | 1.58× | 0.77× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AMH
Segment breakdown not available.
CAL
| Brand Portfolio | $383.7M | 49% |
| Landed Wholesale | $148.1M | 19% |
| Wholesale E Commerce | $75.0M | 9% |
| Ecommerce | $68.8M | 9% |
| Stuart Weitzman Brand | $45.8M | 6% |
| Landed Wholesale Ecommerce Drop Ship | $30.6M | 4% |
| First Cost Wholesale | $14.9M | 2% |
| Clt Brand Solutions | $10.2M | 1% |
| License And Royalty | $2.1M | 0% |
