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Side-by-side financial comparison of American Homes 4 Rent (AMH) and Park Hotels & Resorts Inc. (PK). Click either name above to swap in a different company.
Park Hotels & Resorts Inc. is the larger business by last-quarter revenue ($630.0M vs $455.0M, roughly 1.4× American Homes 4 Rent). American Homes 4 Rent runs the higher net margin — 31.7% vs 1.9%, a 29.8% gap on every dollar of revenue. On growth, American Homes 4 Rent posted the faster year-over-year revenue change (4.2% vs -1.3%). Over the past eight quarters, American Homes 4 Rent's revenue compounded faster (3.6% CAGR vs -4.2%).
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.
Park Hotels & Resorts is an American real estate investment trust (REIT) focused on hotel properties, based in Tysons, Virginia. It was formed in 2017 as a spin-off from Hilton Worldwide.
AMH vs PK — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $455.0M | $630.0M |
| Net Profit | $144.3M | $12.0M |
| Gross Margin | — | — |
| Operating Margin | — | 9.8% |
| Net Margin | 31.7% | 1.9% |
| Revenue YoY | 4.2% | -1.3% |
| Net Profit YoY | 0.3% | 121.1% |
| EPS (diluted) | $0.33 | $0.05 |
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 | — | $630.0M | ||
| Q4 25 | $455.0M | $629.0M | ||
| Q3 25 | $478.5M | $610.0M | ||
| Q2 25 | $457.5M | $672.0M | ||
| Q1 25 | $459.3M | $630.0M | ||
| Q4 24 | $436.6M | $625.0M | ||
| Q3 24 | $445.1M | $649.0M | ||
| Q2 24 | $423.5M | $686.0M |
| Q1 26 | — | $12.0M | ||
| Q4 25 | $144.3M | $-205.0M | ||
| Q3 25 | $116.8M | $-16.0M | ||
| Q2 25 | $123.6M | $-5.0M | ||
| Q1 25 | $128.7M | $-57.0M | ||
| Q4 24 | $143.9M | $66.0M | ||
| Q3 24 | $87.6M | $54.0M | ||
| Q2 24 | $108.5M | $64.0M |
| Q1 26 | — | 9.8% | ||
| Q4 25 | — | -26.1% | ||
| Q3 25 | — | 9.7% | ||
| Q2 25 | — | 9.7% | ||
| Q1 25 | — | 1.1% | ||
| Q4 24 | — | 13.3% | ||
| Q3 24 | — | 14.6% | ||
| Q2 24 | — | 17.6% |
| Q1 26 | — | 1.9% | ||
| Q4 25 | 31.7% | -32.6% | ||
| Q3 25 | 24.4% | -2.6% | ||
| Q2 25 | 27.0% | -0.7% | ||
| Q1 25 | 28.0% | -9.0% | ||
| Q4 24 | 33.0% | 10.6% | ||
| Q3 24 | 19.7% | 8.3% | ||
| Q2 24 | 25.6% | 9.3% |
| Q1 26 | — | $0.05 | ||
| Q4 25 | $0.33 | $-1.04 | ||
| Q3 25 | $0.27 | $-0.08 | ||
| Q2 25 | $0.28 | $-0.02 | ||
| Q1 25 | $0.30 | $-0.29 | ||
| Q4 24 | $0.33 | $0.32 | ||
| Q3 24 | $0.20 | $0.26 | ||
| Q2 24 | $0.25 | $0.30 |
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 | $156.0M |
| Total DebtLower is stronger | $5.1B | — |
| Stockholders' EquityBook value | $7.0B | $3.1B |
| Total Assets | $13.2B | — |
| Debt / EquityLower = less leverage | 0.72× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $156.0M | ||
| Q4 25 | $108.5M | $232.0M | ||
| Q3 25 | $45.6M | $278.0M | ||
| Q2 25 | $323.3M | $319.0M | ||
| Q1 25 | $69.7M | $233.0M | ||
| Q4 24 | $199.4M | $402.0M | ||
| Q3 24 | $162.5M | $480.0M | ||
| Q2 24 | $718.4M | $449.0M |
| Q1 26 | — | — | ||
| Q4 25 | $5.1B | $3.9B | ||
| Q3 25 | $4.8B | $3.9B | ||
| Q2 25 | $5.2B | $3.9B | ||
| Q1 25 | $4.9B | $3.9B | ||
| Q4 24 | $5.0B | $3.9B | ||
| Q3 24 | $4.5B | $3.9B | ||
| Q2 24 | $5.0B | $3.9B |
| Q1 26 | — | $3.1B | ||
| Q4 25 | $7.0B | $3.1B | ||
| Q3 25 | $7.2B | $3.4B | ||
| Q2 25 | $7.2B | $3.4B | ||
| Q1 25 | $7.2B | $3.5B | ||
| Q4 24 | $7.2B | $3.6B | ||
| Q3 24 | $7.0B | $3.8B | ||
| Q2 24 | $7.0B | $3.8B |
| Q1 26 | — | — | ||
| Q4 25 | $13.2B | $7.7B | ||
| Q3 25 | $13.3B | $8.8B | ||
| Q2 25 | $13.6B | $8.9B | ||
| Q1 25 | $13.3B | $8.9B | ||
| Q4 24 | $13.4B | $9.2B | ||
| Q3 24 | $12.8B | $9.2B | ||
| Q2 24 | $13.3B | $9.2B |
| Q1 26 | — | — | ||
| Q4 25 | 0.72× | 1.23× | ||
| Q3 25 | 0.68× | 1.14× | ||
| Q2 25 | 0.72× | 1.12× | ||
| Q1 25 | 0.69× | 1.11× | ||
| Q4 24 | 0.70× | 1.06× | ||
| Q3 24 | 0.64× | 1.03× | ||
| Q2 24 | 0.71× | 1.03× |
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 | $105.0M | ||
| Q3 25 | $223.3M | $99.0M | ||
| Q2 25 | $271.9M | $108.0M | ||
| Q1 25 | $223.4M | $86.0M | ||
| Q4 24 | $811.5M | $80.0M | ||
| Q3 24 | $233.6M | $140.0M | ||
| Q2 24 | $274.0M | $117.0M |
| Q1 26 | — | — | ||
| Q4 25 | $823.7M | $-3.0M | ||
| Q3 25 | $214.5M | $31.0M | ||
| Q2 25 | $257.7M | $65.0M | ||
| Q1 25 | $215.9M | $9.0M | ||
| Q4 24 | $777.5M | $17.0M | ||
| Q3 24 | $225.3M | $97.0M | ||
| Q2 24 | $263.3M | $66.0M |
| Q1 26 | — | — | ||
| Q4 25 | 181.0% | -0.5% | ||
| Q3 25 | 44.8% | 5.1% | ||
| Q2 25 | 56.3% | 9.7% | ||
| Q1 25 | 47.0% | 1.4% | ||
| Q4 24 | 178.1% | 2.7% | ||
| Q3 24 | 50.6% | 14.9% | ||
| Q2 24 | 62.2% | 9.6% |
| Q1 26 | — | — | ||
| Q4 25 | 8.9% | 17.2% | ||
| Q3 25 | 1.8% | 11.1% | ||
| Q2 25 | 3.1% | 6.4% | ||
| Q1 25 | 1.6% | 12.2% | ||
| Q4 24 | 7.8% | 10.1% | ||
| Q3 24 | 1.9% | 6.6% | ||
| Q2 24 | 2.5% | 7.4% |
| Q1 26 | — | — | ||
| Q4 25 | 5.99× | — | ||
| Q3 25 | 1.91× | — | ||
| Q2 25 | 2.20× | — | ||
| Q1 25 | 1.74× | — | ||
| Q4 24 | 5.64× | 1.21× | ||
| Q3 24 | 2.67× | 2.59× | ||
| Q2 24 | 2.52× | 1.83× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AMH
Segment breakdown not available.
PK
| Comparable Hotel Revenues | $617.0M | 98% |
| Other | $13.0M | 2% |
