vs
Side-by-side financial comparison of American Homes 4 Rent (AMH) and Construction Partners, Inc. (ROAD). Click either name above to swap in a different company.
Construction Partners, Inc. is the larger business by last-quarter revenue ($809.5M vs $455.0M, roughly 1.8× American Homes 4 Rent). American Homes 4 Rent runs the higher net margin — 31.7% vs 2.1%, a 29.6% gap on every dollar of revenue. On growth, Construction Partners, Inc. posted the faster year-over-year revenue change (44.1% vs 4.2%). American Homes 4 Rent produced more free cash flow last quarter ($823.7M vs $47.1M). Over the past eight quarters, Construction Partners, Inc.'s revenue compounded faster (47.6% 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.
Alexander Construction Company was a Palm Springs, California, residential development company that built over 2,200 houses in the Coachella Valley of Riverside County, California, between 1955 and 1965.
AMH vs ROAD — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $455.0M | $809.5M |
| Net Profit | $144.3M | $17.2M |
| Gross Margin | — | 15.0% |
| Operating Margin | — | 6.2% |
| Net Margin | 31.7% | 2.1% |
| Revenue YoY | 4.2% | 44.1% |
| Net Profit YoY | 0.3% | 663.9% |
| EPS (diluted) | $0.33 | $0.31 |
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 | $809.5M | ||
| Q3 25 | $478.5M | $899.8M | ||
| Q2 25 | $457.5M | $779.3M | ||
| Q1 25 | $459.3M | $571.6M | ||
| Q4 24 | $436.6M | $561.6M | ||
| Q3 24 | $445.1M | $538.2M | ||
| Q2 24 | $423.5M | $517.8M | ||
| Q1 24 | $423.6M | $371.4M |
| Q4 25 | $144.3M | $17.2M | ||
| Q3 25 | $116.8M | $56.6M | ||
| Q2 25 | $123.6M | $44.0M | ||
| Q1 25 | $128.7M | $4.2M | ||
| Q4 24 | $143.9M | $-3.1M | ||
| Q3 24 | $87.6M | $29.3M | ||
| Q2 24 | $108.5M | $30.9M | ||
| Q1 24 | $128.1M | $-1.1M |
| Q4 25 | — | 15.0% | ||
| Q3 25 | — | 17.7% | ||
| Q2 25 | — | 16.9% | ||
| Q1 25 | — | 12.5% | ||
| Q4 24 | — | 13.6% | ||
| Q3 24 | — | 15.6% | ||
| Q2 24 | — | 16.1% | ||
| Q1 24 | — | 10.4% |
| Q4 25 | — | 6.2% | ||
| Q3 25 | — | 11.2% | ||
| Q2 25 | — | 10.6% | ||
| Q1 25 | — | 4.8% | ||
| Q4 24 | — | 2.5% | ||
| Q3 24 | — | 8.5% | ||
| Q2 24 | — | 8.8% | ||
| Q1 24 | — | 0.8% |
| Q4 25 | 31.7% | 2.1% | ||
| Q3 25 | 24.4% | 6.3% | ||
| Q2 25 | 27.0% | 5.7% | ||
| Q1 25 | 28.0% | 0.7% | ||
| Q4 24 | 33.0% | -0.5% | ||
| Q3 24 | 19.7% | 5.4% | ||
| Q2 24 | 25.6% | 6.0% | ||
| Q1 24 | 30.2% | -0.3% |
| Q4 25 | $0.33 | $0.31 | ||
| Q3 25 | $0.27 | $1.03 | ||
| Q2 25 | $0.28 | $0.79 | ||
| Q1 25 | $0.30 | $0.08 | ||
| Q4 24 | $0.33 | $-0.06 | ||
| Q3 24 | $0.20 | $0.55 | ||
| Q2 24 | $0.25 | $0.59 | ||
| Q1 24 | $0.30 | $-0.02 |
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 | $104.1M |
| Total DebtLower is stronger | $5.1B | — |
| Stockholders' EquityBook value | $7.0B | $969.1M |
| Total Assets | $13.2B | $3.4B |
| Debt / EquityLower = less leverage | 0.72× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $108.5M | $104.1M | ||
| Q3 25 | $45.6M | $156.1M | ||
| Q2 25 | $323.3M | $114.3M | ||
| Q1 25 | $69.7M | $101.9M | ||
| Q4 24 | $199.4M | $132.5M | ||
| Q3 24 | $162.5M | $74.7M | ||
| Q2 24 | $718.4M | $56.3M | ||
| Q1 24 | $124.8M | $48.0M |
| Q4 25 | $5.1B | — | ||
| Q3 25 | $4.8B | $1.6B | ||
| Q2 25 | $5.2B | — | ||
| Q1 25 | $4.9B | — | ||
| Q4 24 | $5.0B | — | ||
| Q3 24 | $4.5B | $515.0M | ||
| Q2 24 | $5.0B | — | ||
| Q1 24 | $4.5B | — |
| Q4 25 | $7.0B | $969.1M | ||
| Q3 25 | $7.2B | $912.0M | ||
| Q2 25 | $7.2B | $853.3M | ||
| Q1 25 | $7.2B | $807.9M | ||
| Q4 24 | $7.2B | $811.1M | ||
| Q3 24 | $7.0B | $573.7M | ||
| Q2 24 | $7.0B | $552.9M | ||
| Q1 24 | $7.0B | $525.0M |
| Q4 25 | $13.2B | $3.4B | ||
| Q3 25 | $13.3B | $3.2B | ||
| Q2 25 | $13.6B | $2.9B | ||
| Q1 25 | $13.3B | $2.8B | ||
| Q4 24 | $13.4B | $2.6B | ||
| Q3 24 | $12.8B | $1.5B | ||
| Q2 24 | $13.3B | $1.4B | ||
| Q1 24 | $12.8B | $1.3B |
| Q4 25 | 0.72× | — | ||
| Q3 25 | 0.68× | 1.78× | ||
| Q2 25 | 0.72× | — | ||
| Q1 25 | 0.69× | — | ||
| Q4 24 | 0.70× | — | ||
| Q3 24 | 0.64× | 0.90× | ||
| 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 | $82.6M |
| Free Cash FlowOCF − Capex | $823.7M | $47.1M |
| FCF MarginFCF / Revenue | 181.0% | 5.8% |
| Capex IntensityCapex / Revenue | 8.9% | 4.4% |
| Cash ConversionOCF / Net Profit | 5.99× | 4.80× |
| TTM Free Cash FlowTrailing 4 quarters | $1.5B | $186.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $864.3M | $82.6M | ||
| Q3 25 | $223.3M | $112.0M | ||
| Q2 25 | $271.9M | $83.0M | ||
| Q1 25 | $223.4M | $55.6M | ||
| Q4 24 | $811.5M | $40.7M | ||
| Q3 24 | $233.6M | $95.9M | ||
| Q2 24 | $274.0M | $34.6M | ||
| Q1 24 | $201.8M | $18.2M |
| Q4 25 | $823.7M | $47.1M | ||
| Q3 25 | $214.5M | $78.9M | ||
| Q2 25 | $257.7M | $46.4M | ||
| Q1 25 | $215.9M | $14.2M | ||
| Q4 24 | $777.5M | $13.8M | ||
| Q3 24 | $225.3M | $78.4M | ||
| Q2 24 | $263.3M | $19.7M | ||
| Q1 24 | $191.0M | $-10.6M |
| Q4 25 | 181.0% | 5.8% | ||
| Q3 25 | 44.8% | 8.8% | ||
| Q2 25 | 56.3% | 5.9% | ||
| Q1 25 | 47.0% | 2.5% | ||
| Q4 24 | 178.1% | 2.5% | ||
| Q3 24 | 50.6% | 14.6% | ||
| Q2 24 | 62.2% | 3.8% | ||
| Q1 24 | 45.1% | -2.8% |
| Q4 25 | 8.9% | 4.4% | ||
| Q3 25 | 1.8% | 3.7% | ||
| Q2 25 | 3.1% | 4.7% | ||
| Q1 25 | 1.6% | 7.2% | ||
| Q4 24 | 7.8% | 4.8% | ||
| Q3 24 | 1.9% | 3.3% | ||
| Q2 24 | 2.5% | 2.9% | ||
| Q1 24 | 2.6% | 7.7% |
| Q4 25 | 5.99× | 4.80× | ||
| Q3 25 | 1.91× | 1.98× | ||
| Q2 25 | 2.20× | 1.88× | ||
| Q1 25 | 1.74× | 13.20× | ||
| Q4 24 | 5.64× | — | ||
| Q3 24 | 2.67× | 3.27× | ||
| Q2 24 | 2.52× | 1.12× | ||
| Q1 24 | 1.58× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
