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Side-by-side financial comparison of American Homes 4 Rent (AMH) and Innovex International, Inc. (INVX). Click either name above to swap in a different company.
American Homes 4 Rent is the larger business by last-quarter revenue ($455.0M vs $273.6M, roughly 1.7× Innovex International, Inc.). American Homes 4 Rent runs the higher net margin — 31.7% vs 5.1%, a 26.6% gap on every dollar of revenue. On growth, Innovex International, Inc. posted the faster year-over-year revenue change (9.1% vs 4.2%). Over the past eight quarters, Innovex International, Inc.'s revenue compounded faster (46.2% 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.
AMH vs INVX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $455.0M | $273.6M |
| Net Profit | $144.3M | $14.0M |
| Gross Margin | — | 28.9% |
| Operating Margin | — | 9.4% |
| Net Margin | 31.7% | 5.1% |
| Revenue YoY | 4.2% | 9.1% |
| Net Profit YoY | 0.3% | -56.1% |
| EPS (diluted) | $0.33 | $0.20 |
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 | $273.6M | ||
| Q3 25 | $478.5M | $240.0M | ||
| Q2 25 | $457.5M | $224.2M | ||
| Q1 25 | $459.3M | $240.4M | ||
| Q4 24 | $436.6M | $250.7M | ||
| Q3 24 | $445.1M | $151.8M | ||
| Q2 24 | $423.5M | $130.3M | ||
| Q1 24 | $423.6M | $128.0M |
| Q4 25 | $144.3M | $14.0M | ||
| Q3 25 | $116.8M | $39.2M | ||
| Q2 25 | $123.6M | $15.3M | ||
| Q1 25 | $128.7M | $14.8M | ||
| Q4 24 | $143.9M | $31.8M | ||
| Q3 24 | $87.6M | $82.6M | ||
| Q2 24 | $108.5M | $9.5M | ||
| Q1 24 | $128.1M | $16.4M |
| Q4 25 | — | 28.9% | ||
| Q3 25 | — | 31.6% | ||
| Q2 25 | — | 32.0% | ||
| Q1 25 | — | 31.8% | ||
| Q4 24 | — | 33.9% | ||
| Q3 24 | — | 34.7% | ||
| Q2 24 | — | 35.3% | ||
| Q1 24 | — | 38.4% |
| Q4 25 | — | 9.4% | ||
| Q3 25 | — | 26.0% | ||
| Q2 25 | — | 10.1% | ||
| Q1 25 | — | 9.1% | ||
| Q4 24 | — | 10.7% | ||
| Q3 24 | — | -8.7% | ||
| Q2 24 | — | 10.0% | ||
| Q1 24 | — | 17.4% |
| Q4 25 | 31.7% | 5.1% | ||
| Q3 25 | 24.4% | 16.3% | ||
| Q2 25 | 27.0% | 6.8% | ||
| Q1 25 | 28.0% | 6.1% | ||
| Q4 24 | 33.0% | 12.7% | ||
| Q3 24 | 19.7% | 54.4% | ||
| Q2 24 | 25.6% | 7.3% | ||
| Q1 24 | 30.2% | 12.8% |
| Q4 25 | $0.33 | $0.20 | ||
| Q3 25 | $0.27 | $0.57 | ||
| Q2 25 | $0.28 | $0.22 | ||
| Q1 25 | $0.30 | $0.21 | ||
| Q4 24 | $0.33 | $-0.03 | ||
| Q3 24 | $0.20 | $1.99 | ||
| Q2 24 | $0.25 | $0.30 | ||
| Q1 24 | $0.30 | $0.51 |
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 | — |
| Total DebtLower is stronger | $5.1B | $18.9M |
| Stockholders' EquityBook value | $7.0B | $1.1B |
| Total Assets | $13.2B | $1.3B |
| Debt / EquityLower = less leverage | 0.72× | 0.02× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $108.5M | — | ||
| Q3 25 | $45.6M | — | ||
| Q2 25 | $323.3M | — | ||
| Q1 25 | $69.7M | — | ||
| Q4 24 | $199.4M | — | ||
| Q3 24 | $162.5M | — | ||
| Q2 24 | $718.4M | $185.6M | ||
| Q1 24 | $124.8M | $202.2M |
| Q4 25 | $5.1B | $18.9M | ||
| Q3 25 | $4.8B | $20.1M | ||
| Q2 25 | $5.2B | $34.8M | ||
| Q1 25 | $4.9B | $19.7M | ||
| Q4 24 | $5.0B | $24.9M | ||
| Q3 24 | $4.5B | $12.4M | ||
| Q2 24 | $5.0B | — | ||
| Q1 24 | $4.5B | — |
| Q4 25 | $7.0B | $1.1B | ||
| Q3 25 | $7.2B | $1.0B | ||
| Q2 25 | $7.2B | $995.6M | ||
| Q1 25 | $7.2B | $978.4M | ||
| Q4 24 | $7.2B | $958.2M | ||
| Q3 24 | $7.0B | $904.4M | ||
| Q2 24 | $7.0B | $352.5M | ||
| Q1 24 | $7.0B | $344.3M |
| Q4 25 | $13.2B | $1.3B | ||
| Q3 25 | $13.3B | $1.3B | ||
| Q2 25 | $13.6B | $1.2B | ||
| Q1 25 | $13.3B | $1.2B | ||
| Q4 24 | $13.4B | $1.2B | ||
| Q3 24 | $12.8B | $1.1B | ||
| Q2 24 | $13.3B | $1.0B | ||
| Q1 24 | $12.8B | $1.0B |
| Q4 25 | 0.72× | 0.02× | ||
| Q3 25 | 0.68× | 0.02× | ||
| Q2 25 | 0.72× | 0.03× | ||
| Q1 25 | 0.69× | 0.02× | ||
| Q4 24 | 0.70× | 0.03× | ||
| Q3 24 | 0.64× | 0.01× | ||
| 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 | $52.2M |
| Free Cash FlowOCF − Capex | $823.7M | — |
| FCF MarginFCF / Revenue | 181.0% | — |
| Capex IntensityCapex / Revenue | 8.9% | — |
| Cash ConversionOCF / Net Profit | 5.99× | 3.74× |
| TTM Free Cash FlowTrailing 4 quarters | $1.5B | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $864.3M | $52.2M | ||
| Q3 25 | $223.3M | $48.4M | ||
| Q2 25 | $271.9M | $59.2M | ||
| Q1 25 | $223.4M | $31.1M | ||
| Q4 24 | $811.5M | $36.3M | ||
| Q3 24 | $233.6M | $21.7M | ||
| Q2 24 | $274.0M | $22.8M | ||
| Q1 24 | $201.8M | $12.6M |
| Q4 25 | $823.7M | — | ||
| Q3 25 | $214.5M | — | ||
| Q2 25 | $257.7M | — | ||
| Q1 25 | $215.9M | — | ||
| Q4 24 | $777.5M | — | ||
| Q3 24 | $225.3M | — | ||
| Q2 24 | $263.3M | $16.6M | ||
| Q1 24 | $191.0M | $7.8M |
| Q4 25 | 181.0% | — | ||
| Q3 25 | 44.8% | — | ||
| Q2 25 | 56.3% | — | ||
| Q1 25 | 47.0% | — | ||
| Q4 24 | 178.1% | — | ||
| Q3 24 | 50.6% | — | ||
| Q2 24 | 62.2% | 12.7% | ||
| Q1 24 | 45.1% | 6.1% |
| Q4 25 | 8.9% | — | ||
| Q3 25 | 1.8% | — | ||
| Q2 25 | 3.1% | — | ||
| Q1 25 | 1.6% | — | ||
| Q4 24 | 7.8% | — | ||
| Q3 24 | 1.9% | — | ||
| Q2 24 | 2.5% | 4.7% | ||
| Q1 24 | 2.6% | 3.7% |
| Q4 25 | 5.99× | 3.74× | ||
| Q3 25 | 1.91× | 1.23× | ||
| Q2 25 | 2.20× | 3.86× | ||
| Q1 25 | 1.74× | 2.11× | ||
| Q4 24 | 5.64× | 1.14× | ||
| Q3 24 | 2.67× | 0.26× | ||
| Q2 24 | 2.52× | 2.39× | ||
| 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.
INVX
| Products | $202.7M | 74% |
| Leasing | $42.3M | 15% |
| Services | $28.6M | 10% |
