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Side-by-side financial comparison of American Homes 4 Rent (AMH) and PROCORE TECHNOLOGIES, INC. (PCOR). 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 $349.1M, roughly 1.3× PROCORE TECHNOLOGIES, INC.). American Homes 4 Rent runs the higher net margin — 31.7% vs -10.8%, a 42.5% gap on every dollar of revenue. On growth, PROCORE TECHNOLOGIES, INC. posted the faster year-over-year revenue change (15.6% vs 4.2%). American Homes 4 Rent produced more free cash flow last quarter ($823.7M vs $109.2M). Over the past eight quarters, PROCORE TECHNOLOGIES, INC.'s revenue compounded faster (13.8% 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.
Procore Technologies is an American construction management software as a service company founded in 2002, with headquarters in Carpinteria, California. Procore hosts a platform to connect those involved in the construction industry on a global platform. The software allows for the creation of simplified workflows and displays a consolidated view of construction products that includes the tracking of tasks, management of project workflows, and scheduling.
AMH vs PCOR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $455.0M | $349.1M |
| Net Profit | $144.3M | $-37.6M |
| Gross Margin | — | 80.1% |
| Operating Margin | — | -12.3% |
| Net Margin | 31.7% | -10.8% |
| Revenue YoY | 4.2% | 15.6% |
| Net Profit YoY | 0.3% | 39.6% |
| EPS (diluted) | $0.33 | $-0.25 |
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 | $349.1M | ||
| Q3 25 | $478.5M | $338.9M | ||
| Q2 25 | $457.5M | $323.9M | ||
| Q1 25 | $459.3M | $310.6M | ||
| Q4 24 | $436.6M | $302.0M | ||
| Q3 24 | $445.1M | $295.9M | ||
| Q2 24 | $423.5M | $284.3M | ||
| Q1 24 | $423.6M | $269.4M |
| Q4 25 | $144.3M | $-37.6M | ||
| Q3 25 | $116.8M | $-9.1M | ||
| Q2 25 | $123.6M | $-21.1M | ||
| Q1 25 | $128.7M | $-33.0M | ||
| Q4 24 | $143.9M | $-62.3M | ||
| Q3 24 | $87.6M | $-26.4M | ||
| Q2 24 | $108.5M | $-6.3M | ||
| Q1 24 | $128.1M | $-11.0M |
| Q4 25 | — | 80.1% | ||
| Q3 25 | — | 79.7% | ||
| Q2 25 | — | 79.1% | ||
| Q1 25 | — | 79.1% | ||
| Q4 24 | — | 81.2% | ||
| Q3 24 | — | 81.4% | ||
| Q2 24 | — | 83.1% | ||
| Q1 24 | — | 83.0% |
| Q4 25 | — | -12.3% | ||
| Q3 25 | — | -4.4% | ||
| Q2 25 | — | -9.3% | ||
| Q1 25 | — | -11.7% | ||
| Q4 24 | — | -21.9% | ||
| Q3 24 | — | -12.3% | ||
| Q2 24 | — | -5.2% | ||
| Q1 24 | — | -7.0% |
| Q4 25 | 31.7% | -10.8% | ||
| Q3 25 | 24.4% | -2.7% | ||
| Q2 25 | 27.0% | -6.5% | ||
| Q1 25 | 28.0% | -10.6% | ||
| Q4 24 | 33.0% | -20.6% | ||
| Q3 24 | 19.7% | -8.9% | ||
| Q2 24 | 25.6% | -2.2% | ||
| Q1 24 | 30.2% | -4.1% |
| Q4 25 | $0.33 | $-0.25 | ||
| Q3 25 | $0.27 | $-0.06 | ||
| Q2 25 | $0.28 | $-0.14 | ||
| Q1 25 | $0.30 | $-0.22 | ||
| Q4 24 | $0.33 | $-0.42 | ||
| Q3 24 | $0.20 | $-0.18 | ||
| Q2 24 | $0.25 | $-0.04 | ||
| Q1 24 | $0.30 | $-0.08 |
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 | $768.5M |
| Total DebtLower is stronger | $5.1B | — |
| Stockholders' EquityBook value | $7.0B | $1.3B |
| Total Assets | $13.2B | $2.2B |
| Debt / EquityLower = less leverage | 0.72× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $108.5M | $768.5M | ||
| Q3 25 | $45.6M | $684.0M | ||
| Q2 25 | $323.3M | $620.9M | ||
| Q1 25 | $69.7M | $566.7M | ||
| Q4 24 | $199.4M | $775.4M | ||
| Q3 24 | $162.5M | $756.9M | ||
| Q2 24 | $718.4M | $735.4M | ||
| Q1 24 | $124.8M | $744.6M |
| 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 | $1.3B | ||
| Q3 25 | $7.2B | $1.2B | ||
| Q2 25 | $7.2B | $1.2B | ||
| Q1 25 | $7.2B | $1.2B | ||
| Q4 24 | $7.2B | $1.3B | ||
| Q3 24 | $7.0B | $1.3B | ||
| Q2 24 | $7.0B | $1.3B | ||
| Q1 24 | $7.0B | $1.2B |
| Q4 25 | $13.2B | $2.2B | ||
| Q3 25 | $13.3B | $2.1B | ||
| Q2 25 | $13.6B | $2.0B | ||
| Q1 25 | $13.3B | $1.9B | ||
| Q4 24 | $13.4B | $2.1B | ||
| Q3 24 | $12.8B | $2.0B | ||
| Q2 24 | $13.3B | $2.0B | ||
| Q1 24 | $12.8B | $1.9B |
| 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 | $114.9M |
| Free Cash FlowOCF − Capex | $823.7M | $109.2M |
| FCF MarginFCF / Revenue | 181.0% | 31.3% |
| Capex IntensityCapex / Revenue | 8.9% | 1.6% |
| Cash ConversionOCF / Net Profit | 5.99× | — |
| TTM Free Cash FlowTrailing 4 quarters | $1.5B | $282.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $864.3M | $114.9M | ||
| Q3 25 | $223.3M | $88.5M | ||
| Q2 25 | $271.9M | $30.8M | ||
| Q1 25 | $223.4M | $66.0M | ||
| Q4 24 | $811.5M | $29.1M | ||
| Q3 24 | $233.6M | $39.3M | ||
| Q2 24 | $274.0M | $58.7M | ||
| Q1 24 | $201.8M | $69.1M |
| Q4 25 | $823.7M | $109.2M | ||
| Q3 25 | $214.5M | $83.1M | ||
| Q2 25 | $257.7M | $27.9M | ||
| Q1 25 | $215.9M | $62.0M | ||
| Q4 24 | $777.5M | $17.4M | ||
| Q3 24 | $225.3M | $35.7M | ||
| Q2 24 | $263.3M | $56.8M | ||
| Q1 24 | $191.0M | $67.1M |
| Q4 25 | 181.0% | 31.3% | ||
| Q3 25 | 44.8% | 24.5% | ||
| Q2 25 | 56.3% | 8.6% | ||
| Q1 25 | 47.0% | 20.0% | ||
| Q4 24 | 178.1% | 5.8% | ||
| Q3 24 | 50.6% | 12.1% | ||
| Q2 24 | 62.2% | 20.0% | ||
| Q1 24 | 45.1% | 24.9% |
| Q4 25 | 8.9% | 1.6% | ||
| Q3 25 | 1.8% | 1.6% | ||
| Q2 25 | 3.1% | 0.9% | ||
| Q1 25 | 1.6% | 1.3% | ||
| Q4 24 | 7.8% | 3.9% | ||
| Q3 24 | 1.9% | 1.2% | ||
| Q2 24 | 2.5% | 0.7% | ||
| Q1 24 | 2.6% | 0.8% |
| Q4 25 | 5.99× | — | ||
| Q3 25 | 1.91× | — | ||
| Q2 25 | 2.20× | — | ||
| Q1 25 | 1.74× | — | ||
| Q4 24 | 5.64× | — | ||
| Q3 24 | 2.67× | — | ||
| Q2 24 | 2.52× | — | ||
| Q1 24 | 1.58× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AMH
Segment breakdown not available.
PCOR
| US | $298.3M | 85% |
| Non Us | $50.9M | 15% |
