vs
Side-by-side financial comparison of American Homes 4 Rent (AMH) and NEW JERSEY RESOURCES CORP (NJR). Click either name above to swap in a different company.
NEW JERSEY RESOURCES CORP is the larger business by last-quarter revenue ($939.4M vs $455.0M, roughly 2.1× American Homes 4 Rent). American Homes 4 Rent runs the higher net margin — 31.7% vs 23.3%, a 8.4% gap on every dollar of revenue. On growth, American Homes 4 Rent posted the faster year-over-year revenue change (4.2% vs -33.0%). Over the past eight quarters, NEW JERSEY RESOURCES CORP's revenue compounded faster (111.6% 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.
New Jersey Resources is an energy services holding company based in Wall Township, New Jersey. It is a Fortune 1000 company, and a member of the Forbes Platinum 400. New Jersey Natural Gas is its principal subsidiary.
AMH vs NJR — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $455.0M | $939.4M |
| Net Profit | $144.3M | $218.9M |
| Gross Margin | — | — |
| Operating Margin | — | 32.0% |
| Net Margin | 31.7% | 23.3% |
| Revenue YoY | 4.2% | -33.0% |
| Net Profit YoY | 0.3% | 7.2% |
| EPS (diluted) | $0.33 | $2.16 |
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 | — | $939.4M | ||
| Q4 25 | $455.0M | $440.9M | ||
| Q3 25 | $478.5M | $188.3M | ||
| Q2 25 | $457.5M | $234.8M | ||
| Q1 25 | $459.3M | $569.2M | ||
| Q4 24 | $436.6M | $359.0M | ||
| Q3 24 | $445.1M | $265.7M | ||
| Q2 24 | $423.5M | $209.9M |
| Q1 26 | — | $218.9M | ||
| Q4 25 | $144.3M | $122.5M | ||
| Q3 25 | $116.8M | $15.1M | ||
| Q2 25 | $123.6M | $-15.1M | ||
| Q1 25 | $128.7M | $204.3M | ||
| Q4 24 | $143.9M | $131.3M | ||
| Q3 24 | $87.6M | $91.1M | ||
| Q2 24 | $108.5M | $-11.6M |
| Q1 26 | — | 32.0% | ||
| Q4 25 | — | 40.6% | ||
| Q3 25 | — | 21.5% | ||
| Q2 25 | — | -0.5% | ||
| Q1 25 | — | 49.2% | ||
| Q4 24 | — | 52.8% | ||
| Q3 24 | — | 55.0% | ||
| Q2 24 | — | 2.8% |
| Q1 26 | — | 23.3% | ||
| Q4 25 | 31.7% | 27.8% | ||
| Q3 25 | 24.4% | 8.0% | ||
| Q2 25 | 27.0% | -6.4% | ||
| Q1 25 | 28.0% | 35.9% | ||
| Q4 24 | 33.0% | 36.6% | ||
| Q3 24 | 19.7% | 34.3% | ||
| Q2 24 | 25.6% | -5.5% |
| Q1 26 | — | $2.16 | ||
| Q4 25 | $0.33 | $1.21 | ||
| Q3 25 | $0.27 | $0.15 | ||
| Q2 25 | $0.28 | $-0.15 | ||
| Q1 25 | $0.30 | $2.02 | ||
| Q4 24 | $0.33 | $1.31 | ||
| Q3 24 | $0.20 | $0.91 | ||
| Q2 24 | $0.25 | $-0.12 |
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 | — |
| Stockholders' EquityBook value | $7.0B | — |
| Total Assets | $13.2B | — |
| Debt / EquityLower = less leverage | 0.72× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $108.5M | $2.4M | ||
| Q3 25 | $45.6M | $591.0K | ||
| Q2 25 | $323.3M | $931.0K | ||
| Q1 25 | $69.7M | $83.7M | ||
| Q4 24 | $199.4M | $1.9M | ||
| Q3 24 | $162.5M | $1.0M | ||
| Q2 24 | $718.4M | $22.4M |
| Q1 26 | — | — | ||
| Q4 25 | $5.1B | $3.3B | ||
| Q3 25 | $4.8B | $3.3B | ||
| Q2 25 | $5.2B | $3.0B | ||
| Q1 25 | $4.9B | $3.0B | ||
| Q4 24 | $5.0B | $3.0B | ||
| Q3 24 | $4.5B | $2.9B | ||
| Q2 24 | $5.0B | $2.8B |
| Q1 26 | — | — | ||
| Q4 25 | $7.0B | $2.5B | ||
| Q3 25 | $7.2B | $2.4B | ||
| Q2 25 | $7.2B | $2.4B | ||
| Q1 25 | $7.2B | $2.5B | ||
| Q4 24 | $7.2B | $2.3B | ||
| Q3 24 | $7.0B | $2.2B | ||
| Q2 24 | $7.0B | $2.1B |
| Q1 26 | — | — | ||
| Q4 25 | $13.2B | $7.9B | ||
| Q3 25 | $13.3B | $7.6B | ||
| Q2 25 | $13.6B | $7.3B | ||
| Q1 25 | $13.3B | $7.3B | ||
| Q4 24 | $13.4B | $7.2B | ||
| Q3 24 | $12.8B | $7.0B | ||
| Q2 24 | $13.3B | $6.8B |
| Q1 26 | — | — | ||
| Q4 25 | 0.72× | 1.32× | ||
| Q3 25 | 0.68× | 1.36× | ||
| Q2 25 | 0.72× | 1.25× | ||
| Q1 25 | 0.69× | 1.20× | ||
| Q4 24 | 0.70× | 1.29× | ||
| Q3 24 | 0.64× | 1.31× | ||
| Q2 24 | 0.71× | 1.30× |
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 | — |
| Free Cash FlowOCF − Capex | $823.7M | — |
| FCF MarginFCF / Revenue | 181.0% | — |
| Capex IntensityCapex / Revenue | 8.9% | — |
| Cash ConversionOCF / Net Profit | 5.99× | — |
| TTM Free Cash FlowTrailing 4 quarters | $1.5B | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $864.3M | $26.7M | ||
| Q3 25 | $223.3M | $81.2M | ||
| Q2 25 | $271.9M | $-28.9M | ||
| Q1 25 | $223.4M | $423.0M | ||
| Q4 24 | $811.5M | $-9.0M | ||
| Q3 24 | $233.6M | $64.5M | ||
| Q2 24 | $274.0M | $24.3M |
| Q1 26 | — | — | ||
| 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 | — |
| Q1 26 | — | — | ||
| 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% | — |
| Q1 26 | — | — | ||
| 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% | — |
| Q1 26 | — | — | ||
| Q4 25 | 5.99× | 0.22× | ||
| Q3 25 | 1.91× | 5.39× | ||
| Q2 25 | 2.20× | — | ||
| Q1 25 | 1.74× | 2.07× | ||
| Q4 24 | 5.64× | -0.07× | ||
| Q3 24 | 2.67× | 0.71× | ||
| Q2 24 | 2.52× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AMH
Segment breakdown not available.
NJR
| Utility | $640.9M | 68% |
| Nonutility | $298.5M | 32% |
