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Side-by-side financial comparison of American Homes 4 Rent (AMH) and ITRON, INC. (ITRI). Click either name above to swap in a different company.
ITRON, INC. is the larger business by last-quarter revenue ($587.0M vs $455.0M, roughly 1.3× American Homes 4 Rent). American Homes 4 Rent runs the higher net margin — 31.7% vs 9.1%, a 22.6% gap on every dollar of revenue. On growth, American Homes 4 Rent posted the faster year-over-year revenue change (4.2% vs -3.3%). American Homes 4 Rent produced more free cash flow last quarter ($823.7M vs $79.0M). Over the past eight quarters, American Homes 4 Rent's revenue compounded faster (3.6% CAGR vs -1.8%).
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.
Itron, Inc. is an American technology company that offers products and services for energy and water resource management. It is headquartered in Liberty Lake, Washington, United States. The company's products measure and analyze electricity, gas and water consumption. Its products include electricity, gas, water and thermal energy measurement devices and control technology, communications systems, software, as well as managed and consulting services.
AMH vs ITRI — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $455.0M | $587.0M |
| Net Profit | $144.3M | $53.6M |
| Gross Margin | — | 40.3% |
| Operating Margin | — | 11.5% |
| Net Margin | 31.7% | 9.1% |
| Revenue YoY | 4.2% | -3.3% |
| Net Profit YoY | 0.3% | -18.0% |
| EPS (diluted) | $0.33 | $1.18 |
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.
| Q1 26 | — | $587.0M | ||
| Q4 25 | $455.0M | $571.7M | ||
| Q3 25 | $478.5M | $581.6M | ||
| Q2 25 | $457.5M | $606.8M | ||
| Q1 25 | $459.3M | $607.2M | ||
| Q4 24 | $436.6M | $612.9M | ||
| Q3 24 | $445.1M | $615.5M | ||
| Q2 24 | $423.5M | $609.1M |
| Q1 26 | — | $53.6M | ||
| Q4 25 | $144.3M | $101.6M | ||
| Q3 25 | $116.8M | $65.6M | ||
| Q2 25 | $123.6M | $68.3M | ||
| Q1 25 | $128.7M | $65.5M | ||
| Q4 24 | $143.9M | $58.1M | ||
| Q3 24 | $87.6M | $78.0M | ||
| Q2 24 | $108.5M | $51.3M |
| Q1 26 | — | 40.3% | ||
| Q4 25 | — | 40.5% | ||
| Q3 25 | — | 37.7% | ||
| Q2 25 | — | 36.9% | ||
| Q1 25 | — | 35.8% | ||
| Q4 24 | — | 34.9% | ||
| Q3 24 | — | 34.1% | ||
| Q2 24 | — | 34.6% |
| Q1 26 | — | 11.5% | ||
| Q4 25 | — | 13.8% | ||
| Q3 25 | — | 14.1% | ||
| Q2 25 | — | 12.6% | ||
| Q1 25 | — | 12.6% | ||
| Q4 24 | — | 10.2% | ||
| Q3 24 | — | 12.0% | ||
| Q2 24 | — | 10.6% |
| Q1 26 | — | 9.1% | ||
| Q4 25 | 31.7% | 17.8% | ||
| Q3 25 | 24.4% | 11.3% | ||
| Q2 25 | 27.0% | 11.3% | ||
| Q1 25 | 28.0% | 10.8% | ||
| Q4 24 | 33.0% | 9.5% | ||
| Q3 24 | 19.7% | 12.7% | ||
| Q2 24 | 25.6% | 8.4% |
| Q1 26 | — | $1.18 | ||
| Q4 25 | $0.33 | $2.20 | ||
| Q3 25 | $0.27 | $1.41 | ||
| Q2 25 | $0.28 | $1.47 | ||
| Q1 25 | $0.30 | $1.42 | ||
| Q4 24 | $0.33 | $1.26 | ||
| Q3 24 | $0.20 | $1.70 | ||
| Q2 24 | $0.25 | $1.10 |
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 | $712.9M |
| Total DebtLower is stronger | $5.1B | — |
| Stockholders' EquityBook value | $7.0B | $1.6B |
| Total Assets | $13.2B | $4.0B |
| Debt / EquityLower = less leverage | 0.72× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $712.9M | ||
| Q4 25 | $108.5M | $1.0B | ||
| Q3 25 | $45.6M | $1.3B | ||
| Q2 25 | $323.3M | $1.2B | ||
| Q1 25 | $69.7M | $1.1B | ||
| Q4 24 | $199.4M | $1.1B | ||
| Q3 24 | $162.5M | $982.5M | ||
| Q2 24 | $718.4M | $920.6M |
| Q1 26 | — | — | ||
| Q4 25 | $5.1B | $1.3B | ||
| Q3 25 | $4.8B | — | ||
| Q2 25 | $5.2B | — | ||
| Q1 25 | $4.9B | — | ||
| Q4 24 | $5.0B | $1.3B | ||
| Q3 24 | $4.5B | $1.3B | ||
| Q2 24 | $5.0B | $1.3B |
| Q1 26 | — | $1.6B | ||
| Q4 25 | $7.0B | $1.7B | ||
| Q3 25 | $7.2B | $1.7B | ||
| Q2 25 | $7.2B | $1.6B | ||
| Q1 25 | $7.2B | $1.5B | ||
| Q4 24 | $7.2B | $1.4B | ||
| Q3 24 | $7.0B | $1.3B | ||
| Q2 24 | $7.0B | $1.2B |
| Q1 26 | — | $4.0B | ||
| Q4 25 | $13.2B | $3.7B | ||
| Q3 25 | $13.3B | $3.7B | ||
| Q2 25 | $13.6B | $3.6B | ||
| Q1 25 | $13.3B | $3.5B | ||
| Q4 24 | $13.4B | $3.4B | ||
| Q3 24 | $12.8B | $3.4B | ||
| Q2 24 | $13.3B | $3.3B |
| Q1 26 | — | — | ||
| Q4 25 | 0.72× | 0.74× | ||
| Q3 25 | 0.68× | — | ||
| Q2 25 | 0.72× | — | ||
| Q1 25 | 0.69× | — | ||
| Q4 24 | 0.70× | 0.91× | ||
| Q3 24 | 0.64× | 0.94× | ||
| Q2 24 | 0.71× | 1.02× |
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 | $85.5M |
| Free Cash FlowOCF − Capex | $823.7M | $79.0M |
| FCF MarginFCF / Revenue | 181.0% | 13.5% |
| Capex IntensityCapex / Revenue | 8.9% | — |
| Cash ConversionOCF / Net Profit | 5.99× | 1.60× |
| TTM Free Cash FlowTrailing 4 quarters | $1.5B | $394.6M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $85.5M | ||
| Q4 25 | $864.3M | $119.3M | ||
| Q3 25 | $223.3M | $117.8M | ||
| Q2 25 | $271.9M | $96.7M | ||
| Q1 25 | $223.4M | $72.1M | ||
| Q4 24 | $811.5M | $79.8M | ||
| Q3 24 | $233.6M | $65.3M | ||
| Q2 24 | $274.0M | $51.7M |
| Q1 26 | — | $79.0M | ||
| Q4 25 | $823.7M | $111.5M | ||
| Q3 25 | $214.5M | $113.4M | ||
| Q2 25 | $257.7M | $90.7M | ||
| Q1 25 | $215.9M | $67.5M | ||
| Q4 24 | $777.5M | $70.2M | ||
| Q3 24 | $225.3M | $58.7M | ||
| Q2 24 | $263.3M | $44.6M |
| Q1 26 | — | 13.5% | ||
| Q4 25 | 181.0% | 19.5% | ||
| Q3 25 | 44.8% | 19.5% | ||
| Q2 25 | 56.3% | 14.9% | ||
| Q1 25 | 47.0% | 11.1% | ||
| Q4 24 | 178.1% | 11.4% | ||
| Q3 24 | 50.6% | 9.5% | ||
| Q2 24 | 62.2% | 7.3% |
| Q1 26 | — | — | ||
| Q4 25 | 8.9% | 1.4% | ||
| Q3 25 | 1.8% | 0.8% | ||
| Q2 25 | 3.1% | 1.0% | ||
| Q1 25 | 1.6% | 0.8% | ||
| Q4 24 | 7.8% | 1.6% | ||
| Q3 24 | 1.9% | 1.1% | ||
| Q2 24 | 2.5% | 1.2% |
| Q1 26 | — | 1.60× | ||
| Q4 25 | 5.99× | 1.17× | ||
| Q3 25 | 1.91× | 1.80× | ||
| Q2 25 | 2.20× | 1.41× | ||
| Q1 25 | 1.74× | 1.10× | ||
| Q4 24 | 5.64× | 1.37× | ||
| Q3 24 | 2.67× | 0.84× | ||
| Q2 24 | 2.52× | 1.01× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AMH
Segment breakdown not available.
ITRI
| Product revenues | $477.8M | 81% |
| Service revenues | $109.2M | 19% |
