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Side-by-side financial comparison of American Homes 4 Rent (AMH) and CONDUENT Inc (CNDT). Click either name above to swap in a different company.
CONDUENT Inc is the larger business by last-quarter revenue ($770.0M vs $455.0M, roughly 1.7× American Homes 4 Rent). American Homes 4 Rent runs the higher net margin — 31.7% vs -4.3%, a 36.0% gap on every dollar of revenue. On growth, American Homes 4 Rent posted the faster year-over-year revenue change (4.2% vs -3.8%). American Homes 4 Rent produced more free cash flow last quarter ($823.7M vs $24.0M). Over the past eight quarters, American Homes 4 Rent's revenue compounded faster (3.6% CAGR vs -8.6%).
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.
Conduent Inc. is an American business services provider company headquartered in Florham Park, New Jersey. It was formed in 2017 as a divestiture from Xerox. The company offers digital platforms for businesses and governments. As of 2026, it has over 54,000 employees working across 24 countries.
AMH vs CNDT — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $455.0M | $770.0M |
| Net Profit | $144.3M | $-33.0M |
| Gross Margin | — | 19.0% |
| Operating Margin | — | -3.6% |
| Net Margin | 31.7% | -4.3% |
| Revenue YoY | 4.2% | -3.8% |
| Net Profit YoY | 0.3% | -175.0% |
| EPS (diluted) | $0.33 | $-0.25 |
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 | $770.0M | ||
| Q3 25 | $478.5M | $767.0M | ||
| Q2 25 | $457.5M | $754.0M | ||
| Q1 25 | $459.3M | $751.0M | ||
| Q4 24 | $436.6M | $800.0M | ||
| Q3 24 | $445.1M | $807.0M | ||
| Q2 24 | $423.5M | $828.0M | ||
| Q1 24 | $423.6M | $921.0M |
| Q4 25 | $144.3M | $-33.0M | ||
| Q3 25 | $116.8M | $-46.0M | ||
| Q2 25 | $123.6M | $-40.0M | ||
| Q1 25 | $128.7M | $-51.0M | ||
| Q4 24 | $143.9M | $-12.0M | ||
| Q3 24 | $87.6M | $123.0M | ||
| Q2 24 | $108.5M | $216.0M | ||
| Q1 24 | $128.1M | $99.0M |
| Q4 25 | — | 19.0% | ||
| Q3 25 | — | 17.7% | ||
| Q2 25 | — | 18.2% | ||
| Q1 25 | — | 17.7% | ||
| Q4 24 | — | 17.3% | ||
| Q3 24 | — | 18.7% | ||
| Q2 24 | — | 18.2% | ||
| Q1 24 | — | 20.2% |
| Q4 25 | — | -3.6% | ||
| Q3 25 | — | -5.0% | ||
| Q2 25 | — | -5.0% | ||
| Q1 25 | — | -7.5% | ||
| Q4 24 | — | -10.3% | ||
| Q3 24 | — | 19.7% | ||
| Q2 24 | — | 36.2% | ||
| Q1 24 | — | 13.8% |
| Q4 25 | 31.7% | -4.3% | ||
| Q3 25 | 24.4% | -6.0% | ||
| Q2 25 | 27.0% | -5.3% | ||
| Q1 25 | 28.0% | -6.8% | ||
| Q4 24 | 33.0% | -1.5% | ||
| Q3 24 | 19.7% | 15.2% | ||
| Q2 24 | 25.6% | 26.1% | ||
| Q1 24 | 30.2% | 10.7% |
| Q4 25 | $0.33 | $-0.25 | ||
| Q3 25 | $0.27 | $-0.30 | ||
| Q2 25 | $0.28 | $-0.26 | ||
| Q1 25 | $0.30 | $-0.33 | ||
| Q4 24 | $0.33 | $-0.02 | ||
| Q3 24 | $0.20 | $0.72 | ||
| Q2 24 | $0.25 | $1.07 | ||
| Q1 24 | $0.30 | $0.46 |
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 | $233.0M |
| Total DebtLower is stronger | $5.1B | $665.0M |
| Stockholders' EquityBook value | $7.0B | $685.0M |
| Total Assets | $13.2B | $2.4B |
| Debt / EquityLower = less leverage | 0.72× | 0.97× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $108.5M | $233.0M | ||
| Q3 25 | $45.6M | $248.0M | ||
| Q2 25 | $323.3M | $275.0M | ||
| Q1 25 | $69.7M | $277.0M | ||
| Q4 24 | $199.4M | $366.0M | ||
| Q3 24 | $162.5M | $393.0M | ||
| Q2 24 | $718.4M | $300.0M | ||
| Q1 24 | $124.8M | $415.0M |
| Q4 25 | $5.1B | $665.0M | ||
| Q3 25 | $4.8B | — | ||
| Q2 25 | $5.2B | — | ||
| Q1 25 | $4.9B | — | ||
| Q4 24 | $5.0B | $615.0M | ||
| Q3 24 | $4.5B | — | ||
| Q2 24 | $5.0B | — | ||
| Q1 24 | $4.5B | — |
| Q4 25 | $7.0B | $685.0M | ||
| Q3 25 | $7.2B | $717.0M | ||
| Q2 25 | $7.2B | $777.0M | ||
| Q1 25 | $7.2B | $800.0M | ||
| Q4 24 | $7.2B | $839.0M | ||
| Q3 24 | $7.0B | $877.0M | ||
| Q2 24 | $7.0B | $751.0M | ||
| Q1 24 | $7.0B | $701.0M |
| Q4 25 | $13.2B | $2.4B | ||
| Q3 25 | $13.3B | $2.5B | ||
| Q2 25 | $13.6B | $2.5B | ||
| Q1 25 | $13.3B | $2.5B | ||
| Q4 24 | $13.4B | $2.6B | ||
| Q3 24 | $12.8B | $2.8B | ||
| Q2 24 | $13.3B | $2.8B | ||
| Q1 24 | $12.8B | $3.1B |
| Q4 25 | 0.72× | 0.97× | ||
| Q3 25 | 0.68× | — | ||
| Q2 25 | 0.72× | — | ||
| Q1 25 | 0.69× | — | ||
| Q4 24 | 0.70× | 0.73× | ||
| 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 | $39.0M |
| Free Cash FlowOCF − Capex | $823.7M | $24.0M |
| FCF MarginFCF / Revenue | 181.0% | 3.1% |
| Capex IntensityCapex / Revenue | 8.9% | 1.9% |
| Cash ConversionOCF / Net Profit | 5.99× | — |
| TTM Free Cash FlowTrailing 4 quarters | $1.5B | $-132.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $864.3M | $39.0M | ||
| Q3 25 | $223.3M | $-39.0M | ||
| Q2 25 | $271.9M | $-15.0M | ||
| Q1 25 | $223.4M | $-58.0M | ||
| Q4 24 | $811.5M | $41.0M | ||
| Q3 24 | $233.6M | $-13.0M | ||
| Q2 24 | $274.0M | $-41.0M | ||
| Q1 24 | $201.8M | $-37.0M |
| Q4 25 | $823.7M | $24.0M | ||
| Q3 25 | $214.5M | $-54.0M | ||
| Q2 25 | $257.7M | $-30.0M | ||
| Q1 25 | $215.9M | $-72.0M | ||
| Q4 24 | $777.5M | $30.0M | ||
| Q3 24 | $225.3M | $-21.0M | ||
| Q2 24 | $263.3M | $-59.0M | ||
| Q1 24 | $191.0M | $-50.0M |
| Q4 25 | 181.0% | 3.1% | ||
| Q3 25 | 44.8% | -7.0% | ||
| Q2 25 | 56.3% | -4.0% | ||
| Q1 25 | 47.0% | -9.6% | ||
| Q4 24 | 178.1% | 3.8% | ||
| Q3 24 | 50.6% | -2.6% | ||
| Q2 24 | 62.2% | -7.1% | ||
| Q1 24 | 45.1% | -5.4% |
| Q4 25 | 8.9% | 1.9% | ||
| Q3 25 | 1.8% | 2.0% | ||
| Q2 25 | 3.1% | 2.0% | ||
| Q1 25 | 1.6% | 1.9% | ||
| Q4 24 | 7.8% | 1.4% | ||
| Q3 24 | 1.9% | 1.0% | ||
| Q2 24 | 2.5% | 2.2% | ||
| Q1 24 | 2.6% | 1.4% |
| Q4 25 | 5.99× | — | ||
| Q3 25 | 1.91× | — | ||
| Q2 25 | 2.20× | — | ||
| Q1 25 | 1.74× | — | ||
| Q4 24 | 5.64× | — | ||
| Q3 24 | 2.67× | -0.11× | ||
| Q2 24 | 2.52× | -0.19× | ||
| Q1 24 | 1.58× | -0.37× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AMH
Segment breakdown not available.
CNDT
| Government Segment | $230.0M | 30% |
| Integrated Digital Solutions | $134.0M | 17% |
| Customer Experience Management | $127.0M | 16% |
| B Paa S | $116.0M | 15% |
| Government Services Solutions | $93.0M | 12% |
| Transferred At Point In Time | $36.0M | 5% |
| Other | $34.0M | 4% |
