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Side-by-side financial comparison of American Homes 4 Rent (AMH) and Paymentus Holdings, Inc. (PAY). 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 $330.5M, roughly 1.4× Paymentus Holdings, Inc.). American Homes 4 Rent runs the higher net margin — 31.7% vs 6.3%, a 25.4% gap on every dollar of revenue. On growth, Paymentus Holdings, Inc. posted the faster year-over-year revenue change (28.1% vs 4.2%). American Homes 4 Rent produced more free cash flow last quarter ($823.7M vs $45.0M). Over the past eight quarters, Paymentus Holdings, Inc.'s revenue compounded faster (33.7% 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.
Paymentus Holdings, Inc. is a leading cloud-based bill payment and customer engagement technology provider. It offers integrated digital payment solutions, billing automation tools, and self-service portals for enterprises across utilities, financial services, government, healthcare, and telecommunications segments, primarily operating in the North American market.
AMH vs PAY — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $455.0M | $330.5M |
| Net Profit | $144.3M | $20.7M |
| Gross Margin | — | 25.4% |
| Operating Margin | — | 7.3% |
| Net Margin | 31.7% | 6.3% |
| Revenue YoY | 4.2% | 28.1% |
| Net Profit YoY | 0.3% | 57.2% |
| EPS (diluted) | $0.33 | $0.16 |
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.
| Q4 25 | $455.0M | $330.5M | ||
| Q3 25 | $478.5M | $310.7M | ||
| Q2 25 | $457.5M | $280.1M | ||
| Q1 25 | $459.3M | $275.2M | ||
| Q4 24 | $436.6M | $257.9M | ||
| Q3 24 | $445.1M | $231.6M | ||
| Q2 24 | $423.5M | $197.4M | ||
| Q1 24 | $423.6M | $184.9M |
| Q4 25 | $144.3M | $20.7M | ||
| Q3 25 | $116.8M | $17.7M | ||
| Q2 25 | $123.6M | $14.7M | ||
| Q1 25 | $128.7M | $13.8M | ||
| Q4 24 | $143.9M | $13.1M | ||
| Q3 24 | $87.6M | $14.4M | ||
| Q2 24 | $108.5M | $9.4M | ||
| Q1 24 | $128.1M | $7.2M |
| Q4 25 | — | 25.4% | ||
| Q3 25 | — | 24.1% | ||
| Q2 25 | — | 25.5% | ||
| Q1 25 | — | 24.0% | ||
| Q4 24 | — | 25.6% | ||
| Q3 24 | — | 26.2% | ||
| Q2 24 | — | 29.8% | ||
| Q1 24 | — | 28.5% |
| Q4 25 | — | 7.3% | ||
| Q3 25 | — | 6.4% | ||
| Q2 25 | — | 5.7% | ||
| Q1 25 | — | 5.7% | ||
| Q4 24 | — | 5.5% | ||
| Q3 24 | — | 5.2% | ||
| Q2 24 | — | 5.2% | ||
| Q1 24 | — | 4.5% |
| Q4 25 | 31.7% | 6.3% | ||
| Q3 25 | 24.4% | 5.7% | ||
| Q2 25 | 27.0% | 5.3% | ||
| Q1 25 | 28.0% | 5.0% | ||
| Q4 24 | 33.0% | 5.1% | ||
| Q3 24 | 19.7% | 6.2% | ||
| Q2 24 | 25.6% | 4.7% | ||
| Q1 24 | 30.2% | 3.9% |
| Q4 25 | $0.33 | $0.16 | ||
| Q3 25 | $0.27 | $0.14 | ||
| Q2 25 | $0.28 | $0.11 | ||
| Q1 25 | $0.30 | $0.11 | ||
| Q4 24 | $0.33 | $0.11 | ||
| Q3 24 | $0.20 | $0.11 | ||
| Q2 24 | $0.25 | $0.07 | ||
| Q1 24 | $0.30 | $0.06 |
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 | $320.9M |
| Total DebtLower is stronger | $5.1B | — |
| Stockholders' EquityBook value | $7.0B | $560.4M |
| Total Assets | $13.2B | $667.9M |
| Debt / EquityLower = less leverage | 0.72× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $108.5M | $320.9M | ||
| Q3 25 | $45.6M | $287.9M | ||
| Q2 25 | $323.3M | $266.4M | ||
| Q1 25 | $69.7M | $245.8M | ||
| Q4 24 | $199.4M | $205.9M | ||
| Q3 24 | $162.5M | $187.5M | ||
| Q2 24 | $718.4M | $188.8M | ||
| Q1 24 | $124.8M | $180.1M |
| 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 | — |
| Q4 25 | $7.0B | $560.4M | ||
| Q3 25 | $7.2B | $537.4M | ||
| Q2 25 | $7.2B | $516.7M | ||
| Q1 25 | $7.2B | $500.4M | ||
| Q4 24 | $7.2B | $485.6M | ||
| Q3 24 | $7.0B | $468.8M | ||
| Q2 24 | $7.0B | $451.6M | ||
| Q1 24 | $7.0B | $439.4M |
| Q4 25 | $13.2B | $667.9M | ||
| Q3 25 | $13.3B | $644.4M | ||
| Q2 25 | $13.6B | $609.5M | ||
| Q1 25 | $13.3B | $590.9M | ||
| Q4 24 | $13.4B | $576.2M | ||
| Q3 24 | $12.8B | $552.9M | ||
| Q2 24 | $13.3B | $527.7M | ||
| Q1 24 | $12.8B | $514.0M |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $864.3M | $45.1M |
| Free Cash FlowOCF − Capex | $823.7M | $45.0M |
| FCF MarginFCF / Revenue | 181.0% | 13.6% |
| Capex IntensityCapex / Revenue | 8.9% | 0.0% |
| Cash ConversionOCF / Net Profit | 5.99× | 2.18× |
| TTM Free Cash FlowTrailing 4 quarters | $1.5B | $161.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $864.3M | $45.1M | ||
| Q3 25 | $223.3M | $35.1M | ||
| Q2 25 | $271.9M | $31.5M | ||
| Q1 25 | $223.4M | $50.4M | ||
| Q4 24 | $811.5M | $27.9M | ||
| Q3 24 | $233.6M | $6.7M | ||
| Q2 24 | $274.0M | $18.0M | ||
| Q1 24 | $201.8M | $11.0M |
| Q4 25 | $823.7M | $45.0M | ||
| Q3 25 | $214.5M | $35.0M | ||
| Q2 25 | $257.7M | $31.4M | ||
| Q1 25 | $215.9M | $50.4M | ||
| Q4 24 | $777.5M | $27.8M | ||
| Q3 24 | $225.3M | $6.7M | ||
| Q2 24 | $263.3M | $17.8M | ||
| Q1 24 | $191.0M | $10.8M |
| Q4 25 | 181.0% | 13.6% | ||
| Q3 25 | 44.8% | 11.3% | ||
| Q2 25 | 56.3% | 11.2% | ||
| Q1 25 | 47.0% | 18.3% | ||
| Q4 24 | 178.1% | 10.8% | ||
| Q3 24 | 50.6% | 2.9% | ||
| Q2 24 | 62.2% | 9.0% | ||
| Q1 24 | 45.1% | 5.9% |
| Q4 25 | 8.9% | 0.0% | ||
| Q3 25 | 1.8% | 0.0% | ||
| Q2 25 | 3.1% | 0.0% | ||
| Q1 25 | 1.6% | 0.0% | ||
| Q4 24 | 7.8% | 0.0% | ||
| Q3 24 | 1.9% | 0.0% | ||
| Q2 24 | 2.5% | 0.1% | ||
| Q1 24 | 2.6% | 0.1% |
| Q4 25 | 5.99× | 2.18× | ||
| Q3 25 | 1.91× | 1.98× | ||
| Q2 25 | 2.20× | 2.14× | ||
| Q1 25 | 1.74× | 3.65× | ||
| Q4 24 | 5.64× | 2.12× | ||
| Q3 24 | 2.67× | 0.47× | ||
| Q2 24 | 2.52× | 1.93× | ||
| Q1 24 | 1.58× | 1.52× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AMH
Segment breakdown not available.
PAY
| Payment Transaction Processing Revenue | $326.9M | 99% |
| Other | $3.5M | 1% |
