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Side-by-side financial comparison of American Homes 4 Rent (AMH) and ORMAT TECHNOLOGIES, INC. (ORA). 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 $276.0M, roughly 1.6× ORMAT TECHNOLOGIES, INC.). American Homes 4 Rent runs the higher net margin — 31.7% vs 11.4%, a 20.3% gap on every dollar of revenue. On growth, ORMAT TECHNOLOGIES, INC. posted the faster year-over-year revenue change (19.6% vs 4.2%). American Homes 4 Rent produced more free cash flow last quarter ($823.7M vs $-40.0M). Over the past eight quarters, ORMAT TECHNOLOGIES, INC.'s revenue compounded faster (11.0% 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.

Ormat Technologies, Inc. is an international company based in Reno, Nevada, United States. Ormat supplies alternative and renewable geothermal energy technology. The company has built over 190 power plants and installed over 3,200 MW of output. As of January 2021 it owns and operates 933 MW of geothermal and recovered energy based power plants. Ormat has supplied over 1000 turbochargers worldwide, in North America, South America, Europe, Australia, and Asia. The company's products also includ...

AMH vs ORA — Head-to-Head

Bigger by revenue
AMH
AMH
1.6× larger
AMH
$455.0M
$276.0M
ORA
Growing faster (revenue YoY)
ORA
ORA
+15.4% gap
ORA
19.6%
4.2%
AMH
Higher net margin
AMH
AMH
20.3% more per $
AMH
31.7%
11.4%
ORA
More free cash flow
AMH
AMH
$863.7M more FCF
AMH
$823.7M
$-40.0M
ORA
Faster 2-yr revenue CAGR
ORA
ORA
Annualised
ORA
11.0%
3.6%
AMH

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AMH
AMH
ORA
ORA
Revenue
$455.0M
$276.0M
Net Profit
$144.3M
$31.4M
Gross Margin
28.6%
Operating Margin
15.4%
Net Margin
31.7%
11.4%
Revenue YoY
4.2%
19.6%
Net Profit YoY
0.3%
-23.2%
EPS (diluted)
$0.33
$0.51

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
ORA
ORA
Q4 25
$455.0M
$276.0M
Q3 25
$478.5M
$249.7M
Q2 25
$457.5M
$234.0M
Q1 25
$459.3M
$229.8M
Q4 24
$436.6M
$230.7M
Q3 24
$445.1M
$211.8M
Q2 24
$423.5M
$213.0M
Q1 24
$423.6M
$224.2M
Net Profit
AMH
AMH
ORA
ORA
Q4 25
$144.3M
$31.4M
Q3 25
$116.8M
$24.1M
Q2 25
$123.6M
$28.0M
Q1 25
$128.7M
$40.4M
Q4 24
$143.9M
$40.8M
Q3 24
$87.6M
$22.1M
Q2 24
$108.5M
$22.2M
Q1 24
$128.1M
$38.6M
Gross Margin
AMH
AMH
ORA
ORA
Q4 25
28.6%
Q3 25
25.6%
Q2 25
24.3%
Q1 25
31.7%
Q4 24
31.9%
Q3 24
27.8%
Q2 24
28.8%
Q1 24
35.2%
Operating Margin
AMH
AMH
ORA
ORA
Q4 25
15.4%
Q3 25
16.2%
Q2 25
15.1%
Q1 25
22.2%
Q4 24
21.3%
Q3 24
16.8%
Q2 24
16.5%
Q1 24
23.5%
Net Margin
AMH
AMH
ORA
ORA
Q4 25
31.7%
11.4%
Q3 25
24.4%
9.7%
Q2 25
27.0%
12.0%
Q1 25
28.0%
17.6%
Q4 24
33.0%
17.7%
Q3 24
19.7%
10.4%
Q2 24
25.6%
10.4%
Q1 24
30.2%
17.2%
EPS (diluted)
AMH
AMH
ORA
ORA
Q4 25
$0.33
$0.51
Q3 25
$0.27
$0.39
Q2 25
$0.28
$0.46
Q1 25
$0.30
$0.66
Q4 24
$0.33
$0.67
Q3 24
$0.20
$0.36
Q2 24
$0.25
$0.37
Q1 24
$0.30
$0.64

Balance Sheet & Financial Strength

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

Metric
AMH
AMH
ORA
ORA
Cash + ST InvestmentsLiquidity on hand
$108.5M
$147.4M
Total DebtLower is stronger
$5.1B
$2.7B
Stockholders' EquityBook value
$7.0B
$2.5B
Total Assets
$13.2B
$6.2B
Debt / EquityLower = less leverage
0.72×
1.05×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMH
AMH
ORA
ORA
Q4 25
$108.5M
$147.4M
Q3 25
$45.6M
$79.6M
Q2 25
$323.3M
$88.5M
Q1 25
$69.7M
$112.7M
Q4 24
$199.4M
$94.4M
Q3 24
$162.5M
$88.1M
Q2 24
$718.4M
$66.3M
Q1 24
$124.8M
$201.5M
Total Debt
AMH
AMH
ORA
ORA
Q4 25
$5.1B
$2.7B
Q3 25
$4.8B
Q2 25
$5.2B
Q1 25
$4.9B
Q4 24
$5.0B
$2.3B
Q3 24
$4.5B
Q2 24
$5.0B
Q1 24
$4.5B
Stockholders' Equity
AMH
AMH
ORA
ORA
Q4 25
$7.0B
$2.5B
Q3 25
$7.2B
$2.5B
Q2 25
$7.2B
$2.5B
Q1 25
$7.2B
$2.5B
Q4 24
$7.2B
$2.4B
Q3 24
$7.0B
$2.4B
Q2 24
$7.0B
$2.4B
Q1 24
$7.0B
$2.4B
Total Assets
AMH
AMH
ORA
ORA
Q4 25
$13.2B
$6.2B
Q3 25
$13.3B
$6.1B
Q2 25
$13.6B
$6.0B
Q1 25
$13.3B
$5.8B
Q4 24
$13.4B
$5.7B
Q3 24
$12.8B
$5.6B
Q2 24
$13.3B
$5.5B
Q1 24
$12.8B
$5.5B
Debt / Equity
AMH
AMH
ORA
ORA
Q4 25
0.72×
1.05×
Q3 25
0.68×
Q2 25
0.72×
Q1 25
0.69×
Q4 24
0.70×
0.97×
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
ORA
ORA
Operating Cash FlowLast quarter
$864.3M
$105.0M
Free Cash FlowOCF − Capex
$823.7M
$-40.0M
FCF MarginFCF / Revenue
181.0%
-14.5%
Capex IntensityCapex / Revenue
8.9%
52.6%
Cash ConversionOCF / Net Profit
5.99×
3.35×
TTM Free Cash FlowTrailing 4 quarters
$1.5B
$-284.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMH
AMH
ORA
ORA
Q4 25
$864.3M
$105.0M
Q3 25
$223.3M
$45.2M
Q2 25
$271.9M
$96.9M
Q1 25
$223.4M
$88.0M
Q4 24
$811.5M
$158.6M
Q3 24
$233.6M
$106.4M
Q2 24
$274.0M
$30.7M
Q1 24
$201.8M
$115.2M
Free Cash Flow
AMH
AMH
ORA
ORA
Q4 25
$823.7M
$-40.0M
Q3 25
$214.5M
$-102.1M
Q2 25
$257.7M
$-37.9M
Q1 25
$215.9M
$-104.6M
Q4 24
$777.5M
$30.9M
Q3 24
$225.3M
$-3.3M
Q2 24
$263.3M
$-116.1M
Q1 24
$191.0M
$11.8M
FCF Margin
AMH
AMH
ORA
ORA
Q4 25
181.0%
-14.5%
Q3 25
44.8%
-40.9%
Q2 25
56.3%
-16.2%
Q1 25
47.0%
-45.5%
Q4 24
178.1%
13.4%
Q3 24
50.6%
-1.6%
Q2 24
62.2%
-54.5%
Q1 24
45.1%
5.3%
Capex Intensity
AMH
AMH
ORA
ORA
Q4 25
8.9%
52.6%
Q3 25
1.8%
59.0%
Q2 25
3.1%
57.6%
Q1 25
1.6%
83.8%
Q4 24
7.8%
55.4%
Q3 24
1.9%
51.8%
Q2 24
2.5%
69.0%
Q1 24
2.6%
46.1%
Cash Conversion
AMH
AMH
ORA
ORA
Q4 25
5.99×
3.35×
Q3 25
1.91×
1.87×
Q2 25
2.20×
3.45×
Q1 25
1.74×
2.18×
Q4 24
5.64×
3.89×
Q3 24
2.67×
4.82×
Q2 24
2.52×
1.38×
Q1 24
1.58×
2.99×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AMH
AMH

Segment breakdown not available.

ORA
ORA

Electricity$186.6M68%
Products$63.1M23%
Energy Storage Segment$26.3M10%
Product Segment$1.2M0%

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