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Side-by-side financial comparison of American Homes 4 Rent (AMH) and Compass Diversified Holdings (CODI). Click either name above to swap in a different company.
Compass Diversified Holdings is the larger business by last-quarter revenue ($468.6M vs $455.0M, roughly 1.0× American Homes 4 Rent). American Homes 4 Rent runs the higher net margin — 31.7% vs -16.8%, a 48.5% gap on every dollar of revenue. On growth, American Homes 4 Rent posted the faster year-over-year revenue change (4.2% vs -5.1%). American Homes 4 Rent produced more free cash flow last quarter ($823.7M vs $36.9M). Over the past eight quarters, Compass Diversified Holdings's revenue compounded faster (6.8% 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.
Compass Diversified Holdings is a publicly traded holding firm that acquires and operates a diverse portfolio of middle-market businesses across sectors including consumer goods, industrial manufacturing, outdoor recreation, and food & beverage. It partners with portfolio company leadership teams to drive long-term operational growth and value creation, primarily serving North American markets.
AMH vs CODI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $455.0M | $468.6M |
| Net Profit | $144.3M | $-78.8M |
| Gross Margin | — | 43.1% |
| Operating Margin | — | 9.8% |
| Net Margin | 31.7% | -16.8% |
| Revenue YoY | 4.2% | -5.1% |
| Net Profit YoY | 0.3% | -14.4% |
| EPS (diluted) | $0.33 | $-0.91 |
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 | $468.6M | ||
| Q3 25 | $478.5M | $472.6M | ||
| Q2 25 | $457.5M | $478.7M | ||
| Q1 25 | $459.3M | $453.8M | ||
| Q4 24 | $436.6M | $493.9M | ||
| Q3 24 | $445.1M | $456.6M | ||
| Q2 24 | $423.5M | $426.7M | ||
| Q1 24 | $423.6M | $410.8M |
| Q4 25 | $144.3M | $-78.8M | ||
| Q3 25 | $116.8M | $-74.0M | ||
| Q2 25 | $123.6M | $-51.2M | ||
| Q1 25 | $128.7M | $-30.0M | ||
| Q4 24 | $143.9M | $-68.9M | ||
| Q3 24 | $87.6M | $-36.0M | ||
| Q2 24 | $108.5M | $-73.1M | ||
| Q1 24 | $128.1M | $-56.2M |
| Q4 25 | — | 43.1% | ||
| Q3 25 | — | 44.0% | ||
| Q2 25 | — | 43.6% | ||
| Q1 25 | — | 43.2% | ||
| Q4 24 | — | 38.6% | ||
| Q3 24 | — | 43.1% | ||
| Q2 24 | — | 44.1% | ||
| Q1 24 | — | 42.6% |
| Q4 25 | — | 9.8% | ||
| Q3 25 | — | -2.3% | ||
| Q2 25 | — | -5.7% | ||
| Q1 25 | — | 0.8% | ||
| Q4 24 | — | -3.8% | ||
| Q3 24 | — | 1.8% | ||
| Q2 24 | — | 1.8% | ||
| Q1 24 | — | -2.9% |
| Q4 25 | 31.7% | -16.8% | ||
| Q3 25 | 24.4% | -15.7% | ||
| Q2 25 | 27.0% | -10.7% | ||
| Q1 25 | 28.0% | -6.6% | ||
| Q4 24 | 33.0% | -13.9% | ||
| Q3 24 | 19.7% | -7.9% | ||
| Q2 24 | 25.6% | -17.1% | ||
| Q1 24 | 30.2% | -13.7% |
| Q4 25 | $0.33 | $-0.91 | ||
| Q3 25 | $0.27 | $-1.21 | ||
| Q2 25 | $0.28 | $-0.88 | ||
| Q1 25 | $0.30 | $-0.59 | ||
| Q4 24 | $0.33 | $-0.57 | ||
| Q3 24 | $0.20 | $-0.62 | ||
| Q2 24 | $0.25 | $-1.12 | ||
| Q1 24 | $0.30 | $-1.52 |
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 | $68.0M |
| Total DebtLower is stronger | $5.1B | $1.9B |
| Stockholders' EquityBook value | $7.0B | $442.0M |
| Total Assets | $13.2B | $3.0B |
| Debt / EquityLower = less leverage | 0.72× | 4.25× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $108.5M | $68.0M | ||
| Q3 25 | $45.6M | $61.1M | ||
| Q2 25 | $323.3M | $73.8M | ||
| Q1 25 | $69.7M | $146.2M | ||
| Q4 24 | $199.4M | $59.7M | ||
| Q3 24 | $162.5M | $64.9M | ||
| Q2 24 | $718.4M | $61.5M | ||
| Q1 24 | $124.8M | $59.5M |
| Q4 25 | $5.1B | $1.9B | ||
| Q3 25 | $4.8B | $1.9B | ||
| Q2 25 | $5.2B | $1.9B | ||
| Q1 25 | $4.9B | $1.9B | ||
| Q4 24 | $5.0B | $1.8B | ||
| Q3 24 | $4.5B | $1.8B | ||
| Q2 24 | $5.0B | $1.7B | ||
| Q1 24 | $4.5B | $1.7B |
| Q4 25 | $7.0B | $442.0M | ||
| Q3 25 | $7.2B | $519.2M | ||
| Q2 25 | $7.2B | $601.9M | ||
| Q1 25 | $7.2B | $680.7M | ||
| Q4 24 | $7.2B | $678.6M | ||
| Q3 24 | $7.0B | $672.2M | ||
| Q2 24 | $7.0B | $711.3M | ||
| Q1 24 | $7.0B | $799.7M |
| Q4 25 | $13.2B | $3.0B | ||
| Q3 25 | $13.3B | $3.2B | ||
| Q2 25 | $13.6B | $3.3B | ||
| Q1 25 | $13.3B | $3.4B | ||
| Q4 24 | $13.4B | $3.3B | ||
| Q3 24 | $12.8B | $3.3B | ||
| Q2 24 | $13.3B | $3.2B | ||
| Q1 24 | $12.8B | $3.3B |
| Q4 25 | 0.72× | 4.25× | ||
| Q3 25 | 0.68× | 3.62× | ||
| Q2 25 | 0.72× | 3.09× | ||
| Q1 25 | 0.69× | 2.73× | ||
| Q4 24 | 0.70× | 2.61× | ||
| Q3 24 | 0.64× | 2.64× | ||
| Q2 24 | 0.71× | 2.42× | ||
| Q1 24 | 0.64× | 2.15× |
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 | $47.0M |
| Free Cash FlowOCF − Capex | $823.7M | $36.9M |
| FCF MarginFCF / Revenue | 181.0% | 7.9% |
| Capex IntensityCapex / Revenue | 8.9% | 2.2% |
| Cash ConversionOCF / Net Profit | 5.99× | — |
| TTM Free Cash FlowTrailing 4 quarters | $1.5B | $-51.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $864.3M | $47.0M | ||
| Q3 25 | $223.3M | $10.7M | ||
| Q2 25 | $271.9M | $-35.2M | ||
| Q1 25 | $223.4M | $-29.3M | ||
| Q4 24 | $811.5M | $-16.1M | ||
| Q3 24 | $233.6M | $-48.4M | ||
| Q2 24 | $274.0M | $-61.3M | ||
| Q1 24 | $201.8M | $-25.4M |
| Q4 25 | $823.7M | $36.9M | ||
| Q3 25 | $214.5M | $481.0K | ||
| Q2 25 | $257.7M | $-46.0M | ||
| Q1 25 | $215.9M | $-42.4M | ||
| Q4 24 | $777.5M | $-39.0M | ||
| Q3 24 | $225.3M | $-63.5M | ||
| Q2 24 | $263.3M | $-72.2M | ||
| Q1 24 | $191.0M | $-33.1M |
| Q4 25 | 181.0% | 7.9% | ||
| Q3 25 | 44.8% | 0.1% | ||
| Q2 25 | 56.3% | -9.6% | ||
| Q1 25 | 47.0% | -9.4% | ||
| Q4 24 | 178.1% | -7.9% | ||
| Q3 24 | 50.6% | -13.9% | ||
| Q2 24 | 62.2% | -16.9% | ||
| Q1 24 | 45.1% | -8.1% |
| Q4 25 | 8.9% | 2.2% | ||
| Q3 25 | 1.8% | 2.2% | ||
| Q2 25 | 3.1% | 2.3% | ||
| Q1 25 | 1.6% | 2.9% | ||
| Q4 24 | 7.8% | 4.6% | ||
| Q3 24 | 1.9% | 3.3% | ||
| Q2 24 | 2.5% | 2.6% | ||
| Q1 24 | 2.6% | 1.9% |
| Q4 25 | 5.99× | — | ||
| Q3 25 | 1.91× | — | ||
| Q2 25 | 2.20× | — | ||
| Q1 25 | 1.74× | — | ||
| Q4 24 | 5.64× | — | ||
| 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.
CODI
| Other | $119.5M | 26% |
| A5.11Tactical | $113.9M | 24% |
| Sterno Products | $85.9M | 18% |
| Altor | $60.8M | 13% |
| The Honey Pot | $36.0M | 8% |
| Arnold | $25.4M | 5% |
| Velocity Outdoor | $18.7M | 4% |
| Lugano | $8.3M | 2% |
