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Side-by-side financial comparison of American Homes 4 Rent (AMH) and Medpace Holdings, Inc. (MEDP). Click either name above to swap in a different company.

Medpace Holdings, Inc. is the larger business by last-quarter revenue ($708.5M vs $455.0M, roughly 1.6× American Homes 4 Rent). American Homes 4 Rent runs the higher net margin — 31.7% vs 19.1%, a 12.6% gap on every dollar of revenue. On growth, Medpace Holdings, Inc. posted the faster year-over-year revenue change (32.0% vs 4.2%). American Homes 4 Rent produced more free cash flow last quarter ($823.7M vs $188.1M). Over the past eight quarters, Medpace Holdings, Inc.'s revenue compounded faster (17.7% CAGR vs 3.6%).

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.

Medpace Holdings, Inc. is a global clinical research organization (CRO) based in Cincinnati, Ohio, employing approximately 6,000 people. Operating under a full-service model, the company also offers global central laboratory, imaging core laboratory, and bioanalytical laboratory services, as well as a Phase I unit located on its headquarters and clinical research campus in Cincinnati, Ohio.

AMH vs MEDP — Head-to-Head

Bigger by revenue
MEDP
MEDP
1.6× larger
MEDP
$708.5M
$455.0M
AMH
Growing faster (revenue YoY)
MEDP
MEDP
+27.8% gap
MEDP
32.0%
4.2%
AMH
Higher net margin
AMH
AMH
12.6% more per $
AMH
31.7%
19.1%
MEDP
More free cash flow
AMH
AMH
$635.6M more FCF
AMH
$823.7M
$188.1M
MEDP
Faster 2-yr revenue CAGR
MEDP
MEDP
Annualised
MEDP
17.7%
3.6%
AMH

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AMH
AMH
MEDP
MEDP
Revenue
$455.0M
$708.5M
Net Profit
$144.3M
$135.1M
Gross Margin
Operating Margin
21.6%
Net Margin
31.7%
19.1%
Revenue YoY
4.2%
32.0%
Net Profit YoY
0.3%
15.5%
EPS (diluted)
$0.33
$4.65

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.

Revenue
AMH
AMH
MEDP
MEDP
Q4 25
$455.0M
$708.5M
Q3 25
$478.5M
$659.9M
Q2 25
$457.5M
$603.3M
Q1 25
$459.3M
$558.6M
Q4 24
$436.6M
$536.6M
Q3 24
$445.1M
$533.3M
Q2 24
$423.5M
$528.1M
Q1 24
$423.6M
$511.0M
Net Profit
AMH
AMH
MEDP
MEDP
Q4 25
$144.3M
$135.1M
Q3 25
$116.8M
$111.1M
Q2 25
$123.6M
$90.3M
Q1 25
$128.7M
$114.6M
Q4 24
$143.9M
$117.0M
Q3 24
$87.6M
$96.4M
Q2 24
$108.5M
$88.4M
Q1 24
$128.1M
$102.6M
Operating Margin
AMH
AMH
MEDP
MEDP
Q4 25
21.6%
Q3 25
21.5%
Q2 25
20.9%
Q1 25
20.3%
Q4 24
23.4%
Q3 24
21.1%
Q2 24
19.9%
Q1 24
20.4%
Net Margin
AMH
AMH
MEDP
MEDP
Q4 25
31.7%
19.1%
Q3 25
24.4%
16.8%
Q2 25
27.0%
15.0%
Q1 25
28.0%
20.5%
Q4 24
33.0%
21.8%
Q3 24
19.7%
18.1%
Q2 24
25.6%
16.7%
Q1 24
30.2%
20.1%
EPS (diluted)
AMH
AMH
MEDP
MEDP
Q4 25
$0.33
$4.65
Q3 25
$0.27
$3.86
Q2 25
$0.28
$3.10
Q1 25
$0.30
$3.67
Q4 24
$0.33
$3.67
Q3 24
$0.20
$3.01
Q2 24
$0.25
$2.75
Q1 24
$0.30
$3.20

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AMH
AMH
MEDP
MEDP
Cash + ST InvestmentsLiquidity on hand
$108.5M
$497.0M
Total DebtLower is stronger
$5.1B
Stockholders' EquityBook value
$7.0B
$459.1M
Total Assets
$13.2B
$2.0B
Debt / EquityLower = less leverage
0.72×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMH
AMH
MEDP
MEDP
Q4 25
$108.5M
$497.0M
Q3 25
$45.6M
$285.4M
Q2 25
$323.3M
$46.3M
Q1 25
$69.7M
$441.4M
Q4 24
$199.4M
$669.4M
Q3 24
$162.5M
$656.9M
Q2 24
$718.4M
$510.9M
Q1 24
$124.8M
$407.0M
Total Debt
AMH
AMH
MEDP
MEDP
Q4 25
$5.1B
Q3 25
$4.8B
Q2 25
$5.2B
Q1 25
$4.9B
Q4 24
$5.0B
Q3 24
$4.5B
Q2 24
$5.0B
Q1 24
$4.5B
Stockholders' Equity
AMH
AMH
MEDP
MEDP
Q4 25
$7.0B
$459.1M
Q3 25
$7.2B
$293.6M
Q2 25
$7.2B
$172.4M
Q1 25
$7.2B
$593.6M
Q4 24
$7.2B
$825.5M
Q3 24
$7.0B
$881.4M
Q2 24
$7.0B
$763.6M
Q1 24
$7.0B
$671.5M
Total Assets
AMH
AMH
MEDP
MEDP
Q4 25
$13.2B
$2.0B
Q3 25
$13.3B
$1.8B
Q2 25
$13.6B
$1.6B
Q1 25
$13.3B
$1.9B
Q4 24
$13.4B
$2.1B
Q3 24
$12.8B
$2.1B
Q2 24
$13.3B
$1.9B
Q1 24
$12.8B
$1.8B
Debt / Equity
AMH
AMH
MEDP
MEDP
Q4 25
0.72×
Q3 25
0.68×
Q2 25
0.72×
Q1 25
0.69×
Q4 24
0.70×
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
AMH
AMH
MEDP
MEDP
Operating Cash FlowLast quarter
$864.3M
$192.7M
Free Cash FlowOCF − Capex
$823.7M
$188.1M
FCF MarginFCF / Revenue
181.0%
26.6%
Capex IntensityCapex / Revenue
8.9%
0.6%
Cash ConversionOCF / Net Profit
5.99×
1.43×
TTM Free Cash FlowTrailing 4 quarters
$1.5B
$681.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMH
AMH
MEDP
MEDP
Q4 25
$864.3M
$192.7M
Q3 25
$223.3M
$246.2M
Q2 25
$271.9M
$148.5M
Q1 25
$223.4M
$125.8M
Q4 24
$811.5M
$190.7M
Q3 24
$233.6M
$149.1M
Q2 24
$274.0M
$116.4M
Q1 24
$201.8M
$152.7M
Free Cash Flow
AMH
AMH
MEDP
MEDP
Q4 25
$823.7M
$188.1M
Q3 25
$214.5M
$235.5M
Q2 25
$257.7M
$142.4M
Q1 25
$215.9M
$115.8M
Q4 24
$777.5M
$183.0M
Q3 24
$225.3M
$138.5M
Q2 24
$263.3M
$103.5M
Q1 24
$191.0M
$147.2M
FCF Margin
AMH
AMH
MEDP
MEDP
Q4 25
181.0%
26.6%
Q3 25
44.8%
35.7%
Q2 25
56.3%
23.6%
Q1 25
47.0%
20.7%
Q4 24
178.1%
34.1%
Q3 24
50.6%
26.0%
Q2 24
62.2%
19.6%
Q1 24
45.1%
28.8%
Capex Intensity
AMH
AMH
MEDP
MEDP
Q4 25
8.9%
0.6%
Q3 25
1.8%
1.6%
Q2 25
3.1%
1.0%
Q1 25
1.6%
1.8%
Q4 24
7.8%
1.4%
Q3 24
1.9%
2.0%
Q2 24
2.5%
2.4%
Q1 24
2.6%
1.1%
Cash Conversion
AMH
AMH
MEDP
MEDP
Q4 25
5.99×
1.43×
Q3 25
1.91×
2.22×
Q2 25
2.20×
1.65×
Q1 25
1.74×
1.10×
Q4 24
5.64×
1.63×
Q3 24
2.67×
1.55×
Q2 24
2.52×
1.32×
Q1 24
1.58×
1.49×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AMH
AMH

Segment breakdown not available.

MEDP
MEDP

Metabolic$249.8M35%
Oncology$195.9M28%
Other$88.3M12%
Central Nervous System$73.2M10%
Cardiology$63.0M9%
Antiviral And Anti Infective$38.3M5%
Related Party$10.3M1%

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