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Side-by-side financial comparison of American Homes 4 Rent (AMH) and KENNAMETAL INC (KMT). Click either name above to swap in a different company.
KENNAMETAL INC is the larger business by last-quarter revenue ($529.5M vs $455.0M, roughly 1.2× American Homes 4 Rent). American Homes 4 Rent runs the higher net margin — 31.7% vs 6.4%, a 25.3% gap on every dollar of revenue. On growth, KENNAMETAL INC posted the faster year-over-year revenue change (9.8% vs 4.2%). American Homes 4 Rent produced more free cash flow last quarter ($823.7M vs $42.4M). Over the past eight quarters, American Homes 4 Rent's revenue compounded faster (3.6% CAGR vs 1.3%).
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.
Kennametal, Inc. is a manufacturer of high-performance cutting tools and engineered components used in the aerospace, defense, transportation and oil and gas drilling industries. Its customer base is global.
AMH vs KMT — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $455.0M | $529.5M |
| Net Profit | $144.3M | $33.9M |
| Gross Margin | — | 32.8% |
| Operating Margin | — | 9.9% |
| Net Margin | 31.7% | 6.4% |
| Revenue YoY | 4.2% | 9.8% |
| Net Profit YoY | 0.3% | 89.0% |
| EPS (diluted) | $0.33 | $0.44 |
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 | $529.5M | ||
| Q3 25 | $478.5M | $498.0M | ||
| Q2 25 | $457.5M | $516.4M | ||
| Q1 25 | $459.3M | $486.4M | ||
| Q4 24 | $436.6M | $482.1M | ||
| Q3 24 | $445.1M | $481.9M | ||
| Q2 24 | $423.5M | $543.3M | ||
| Q1 24 | $423.6M | $515.8M |
| Q4 25 | $144.3M | $33.9M | ||
| Q3 25 | $116.8M | $23.3M | ||
| Q2 25 | $123.6M | $21.6M | ||
| Q1 25 | $128.7M | $31.5M | ||
| Q4 24 | $143.9M | $17.9M | ||
| Q3 24 | $87.6M | $22.1M | ||
| Q2 24 | $108.5M | $37.2M | ||
| Q1 24 | $128.1M | $19.0M |
| Q4 25 | — | 32.8% | ||
| Q3 25 | — | 31.0% | ||
| Q2 25 | — | 28.2% | ||
| Q1 25 | — | 32.1% | ||
| Q4 24 | — | 30.1% | ||
| Q3 24 | — | 31.3% | ||
| Q2 24 | — | 31.5% | ||
| Q1 24 | — | 29.7% |
| Q4 25 | — | 9.9% | ||
| Q3 25 | — | 7.5% | ||
| Q2 25 | — | 6.1% | ||
| Q1 25 | — | 9.1% | ||
| Q4 24 | — | 6.6% | ||
| Q3 24 | — | 7.5% | ||
| Q2 24 | — | 11.3% | ||
| Q1 24 | — | 6.8% |
| Q4 25 | 31.7% | 6.4% | ||
| Q3 25 | 24.4% | 4.7% | ||
| Q2 25 | 27.0% | 4.2% | ||
| Q1 25 | 28.0% | 6.5% | ||
| Q4 24 | 33.0% | 3.7% | ||
| Q3 24 | 19.7% | 4.6% | ||
| Q2 24 | 25.6% | 6.8% | ||
| Q1 24 | 30.2% | 3.7% |
| Q4 25 | $0.33 | $0.44 | ||
| Q3 25 | $0.27 | $0.30 | ||
| Q2 25 | $0.28 | $0.28 | ||
| Q1 25 | $0.30 | $0.41 | ||
| Q4 24 | $0.33 | $0.23 | ||
| Q3 24 | $0.20 | $0.28 | ||
| Q2 24 | $0.25 | $0.47 | ||
| Q1 24 | $0.30 | $0.24 |
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 | $129.3M |
| Total DebtLower is stronger | $5.1B | $597.2M |
| Stockholders' EquityBook value | $7.0B | $1.3B |
| Total Assets | $13.2B | $2.6B |
| Debt / EquityLower = less leverage | 0.72× | 0.45× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $108.5M | $129.3M | ||
| Q3 25 | $45.6M | $103.5M | ||
| Q2 25 | $323.3M | $140.5M | ||
| Q1 25 | $69.7M | $97.5M | ||
| Q4 24 | $199.4M | $121.2M | ||
| Q3 24 | $162.5M | $119.6M | ||
| Q2 24 | $718.4M | $128.0M | ||
| Q1 24 | $124.8M | $92.1M |
| Q4 25 | $5.1B | $597.2M | ||
| Q3 25 | $4.8B | $597.0M | ||
| Q2 25 | $5.2B | $596.8M | ||
| Q1 25 | $4.9B | $596.6M | ||
| Q4 24 | $5.0B | $596.4M | ||
| Q3 24 | $4.5B | $596.2M | ||
| Q2 24 | $5.0B | $596.0M | ||
| Q1 24 | $4.5B | $595.8M |
| Q4 25 | $7.0B | $1.3B | ||
| Q3 25 | $7.2B | $1.3B | ||
| Q2 25 | $7.2B | $1.3B | ||
| Q1 25 | $7.2B | $1.2B | ||
| Q4 24 | $7.2B | $1.2B | ||
| Q3 24 | $7.0B | $1.3B | ||
| Q2 24 | $7.0B | $1.2B | ||
| Q1 24 | $7.0B | $1.3B |
| Q4 25 | $13.2B | $2.6B | ||
| Q3 25 | $13.3B | $2.5B | ||
| Q2 25 | $13.6B | $2.5B | ||
| Q1 25 | $13.3B | $2.5B | ||
| Q4 24 | $13.4B | $2.4B | ||
| Q3 24 | $12.8B | $2.5B | ||
| Q2 24 | $13.3B | $2.5B | ||
| Q1 24 | $12.8B | $2.5B |
| Q4 25 | 0.72× | 0.45× | ||
| Q3 25 | 0.68× | 0.46× | ||
| Q2 25 | 0.72× | 0.46× | ||
| Q1 25 | 0.69× | 0.48× | ||
| Q4 24 | 0.70× | 0.49× | ||
| Q3 24 | 0.64× | 0.47× | ||
| Q2 24 | 0.71× | 0.48× | ||
| Q1 24 | 0.64× | 0.47× |
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 | $55.1M |
| Free Cash FlowOCF − Capex | $823.7M | $42.4M |
| FCF MarginFCF / Revenue | 181.0% | 8.0% |
| Capex IntensityCapex / Revenue | 8.9% | 2.4% |
| Cash ConversionOCF / Net Profit | 5.99× | 1.63× |
| TTM Free Cash FlowTrailing 4 quarters | $1.5B | $99.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $864.3M | $55.1M | ||
| Q3 25 | $223.3M | $17.5M | ||
| Q2 25 | $271.9M | $78.6M | ||
| Q1 25 | $223.4M | $28.8M | ||
| Q4 24 | $811.5M | $55.2M | ||
| Q3 24 | $233.6M | $45.7M | ||
| Q2 24 | $274.0M | $113.6M | ||
| Q1 24 | $201.8M | $75.2M |
| Q4 25 | $823.7M | $42.4M | ||
| Q3 25 | $214.5M | $-5.5M | ||
| Q2 25 | $257.7M | $57.1M | ||
| Q1 25 | $215.9M | $5.3M | ||
| Q4 24 | $777.5M | $35.9M | ||
| Q3 24 | $225.3M | $21.0M | ||
| Q2 24 | $263.3M | $90.3M | ||
| Q1 24 | $191.0M | $48.4M |
| Q4 25 | 181.0% | 8.0% | ||
| Q3 25 | 44.8% | -1.1% | ||
| Q2 25 | 56.3% | 11.1% | ||
| Q1 25 | 47.0% | 1.1% | ||
| Q4 24 | 178.1% | 7.5% | ||
| Q3 24 | 50.6% | 4.4% | ||
| Q2 24 | 62.2% | 16.6% | ||
| Q1 24 | 45.1% | 9.4% |
| Q4 25 | 8.9% | 2.4% | ||
| Q3 25 | 1.8% | 4.6% | ||
| Q2 25 | 3.1% | 4.2% | ||
| Q1 25 | 1.6% | 4.8% | ||
| Q4 24 | 7.8% | 4.0% | ||
| Q3 24 | 1.9% | 5.1% | ||
| Q2 24 | 2.5% | 4.3% | ||
| Q1 24 | 2.6% | 5.2% |
| Q4 25 | 5.99× | 1.63× | ||
| Q3 25 | 1.91× | 0.75× | ||
| Q2 25 | 2.20× | 3.64× | ||
| Q1 25 | 1.74× | 0.92× | ||
| Q4 24 | 5.64× | 3.08× | ||
| Q3 24 | 2.67× | 2.07× | ||
| Q2 24 | 2.52× | 3.06× | ||
| Q1 24 | 1.58× | 3.96× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AMH
Segment breakdown not available.
KMT
| Metal Cutting | $331.1M | 63% |
| Infrastructure | $198.5M | 37% |
