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Side-by-side financial comparison of American Homes 4 Rent (AMH) and Strategic Education, Inc. (STRA). 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 $305.9M, roughly 1.5× Strategic Education, Inc.). American Homes 4 Rent runs the higher net margin — 31.7% vs 10.7%, a 21.0% gap on every dollar of revenue. On growth, American Homes 4 Rent posted the faster year-over-year revenue change (4.2% vs 0.8%). American Homes 4 Rent produced more free cash flow last quarter ($823.7M vs $77.3M). Over the past eight quarters, American Homes 4 Rent's revenue compounded faster (3.6% CAGR vs -1.0%).
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.
Strategic Education, Inc. (SEI) is an education services holding company and is formerly known as Strayer Education, Inc. The company owns for-profit, online Capella University and Strayer University, as well as non-degree programs schools such as DevMountain, Hackbright Academy, and Sophia Learning.
AMH vs STRA — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $455.0M | $305.9M |
| Net Profit | $144.3M | $32.8M |
| Gross Margin | — | — |
| Operating Margin | — | 13.4% |
| Net Margin | 31.7% | 10.7% |
| Revenue YoY | 4.2% | 0.8% |
| Net Profit YoY | 0.3% | 10.3% |
| EPS (diluted) | $0.33 | $1.48 |
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 | — | $305.9M | ||
| Q4 25 | $455.0M | $323.2M | ||
| Q3 25 | $478.5M | $319.9M | ||
| Q2 25 | $457.5M | $321.5M | ||
| Q1 25 | $459.3M | $303.6M | ||
| Q4 24 | $436.6M | $311.5M | ||
| Q3 24 | $445.1M | $306.0M | ||
| Q2 24 | $423.5M | $312.3M |
| Q1 26 | — | $32.8M | ||
| Q4 25 | $144.3M | $37.9M | ||
| Q3 25 | $116.8M | $26.6M | ||
| Q2 25 | $123.6M | $32.3M | ||
| Q1 25 | $128.7M | $29.7M | ||
| Q4 24 | $143.9M | $25.3M | ||
| Q3 24 | $87.6M | $27.7M | ||
| Q2 24 | $108.5M | $29.9M |
| Q1 26 | — | 13.4% | ||
| Q4 25 | — | 16.0% | ||
| Q3 25 | — | 11.6% | ||
| Q2 25 | — | 14.2% | ||
| Q1 25 | — | 13.1% | ||
| Q4 24 | — | 11.6% | ||
| Q3 24 | — | 11.9% | ||
| Q2 24 | — | 13.4% |
| Q1 26 | — | 10.7% | ||
| Q4 25 | 31.7% | 11.7% | ||
| Q3 25 | 24.4% | 8.3% | ||
| Q2 25 | 27.0% | 10.1% | ||
| Q1 25 | 28.0% | 9.8% | ||
| Q4 24 | 33.0% | 8.1% | ||
| Q3 24 | 19.7% | 9.1% | ||
| Q2 24 | 25.6% | 9.6% |
| Q1 26 | — | $1.48 | ||
| Q4 25 | $0.33 | $1.65 | ||
| Q3 25 | $0.27 | $1.15 | ||
| Q2 25 | $0.28 | $1.37 | ||
| Q1 25 | $0.30 | $1.24 | ||
| Q4 24 | $0.33 | $1.05 | ||
| Q3 24 | $0.20 | $1.15 | ||
| Q2 24 | $0.25 | $1.24 |
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 | $150.3M |
| Total DebtLower is stronger | $5.1B | — |
| Stockholders' EquityBook value | $7.0B | $1.6B |
| Total Assets | $13.2B | $2.1B |
| Debt / EquityLower = less leverage | 0.72× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $150.3M | ||
| Q4 25 | $108.5M | $148.1M | ||
| Q3 25 | $45.6M | $172.6M | ||
| Q2 25 | $323.3M | $164.9M | ||
| Q1 25 | $69.7M | $182.6M | ||
| Q4 24 | $199.4M | $184.0M | ||
| Q3 24 | $162.5M | $222.1M | ||
| Q2 24 | $718.4M | $256.2M |
| Q1 26 | — | — | ||
| 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 26 | — | $1.6B | ||
| Q4 25 | $7.0B | $1.6B | ||
| Q3 25 | $7.2B | $1.7B | ||
| Q2 25 | $7.2B | $1.7B | ||
| Q1 25 | $7.2B | $1.6B | ||
| Q4 24 | $7.2B | $1.7B | ||
| Q3 24 | $7.0B | $1.7B | ||
| Q2 24 | $7.0B | $1.7B |
| Q1 26 | — | $2.1B | ||
| Q4 25 | $13.2B | $2.0B | ||
| Q3 25 | $13.3B | $2.1B | ||
| Q2 25 | $13.6B | $2.1B | ||
| Q1 25 | $13.3B | $2.1B | ||
| Q4 24 | $13.4B | $2.0B | ||
| Q3 24 | $12.8B | $2.2B | ||
| Q2 24 | $13.3B | $2.2B |
| Q1 26 | — | — | ||
| 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× | — |
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 | $87.4M |
| Free Cash FlowOCF − Capex | $823.7M | $77.3M |
| FCF MarginFCF / Revenue | 181.0% | 25.3% |
| Capex IntensityCapex / Revenue | 8.9% | — |
| Cash ConversionOCF / Net Profit | 5.99× | 2.66× |
| TTM Free Cash FlowTrailing 4 quarters | $1.5B | $173.9M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $87.4M | ||
| Q4 25 | $864.3M | $39.2M | ||
| Q3 25 | $223.3M | $60.1M | ||
| Q2 25 | $271.9M | $31.2M | ||
| Q1 25 | $223.4M | $67.7M | ||
| Q4 24 | $811.5M | $15.9M | ||
| Q3 24 | $233.6M | $51.5M | ||
| Q2 24 | $274.0M | $24.3M |
| Q1 26 | — | $77.3M | ||
| Q4 25 | $823.7M | $27.0M | ||
| Q3 25 | $214.5M | $49.3M | ||
| Q2 25 | $257.7M | $20.4M | ||
| Q1 25 | $215.9M | $57.3M | ||
| Q4 24 | $777.5M | $4.7M | ||
| Q3 24 | $225.3M | $42.1M | ||
| Q2 24 | $263.3M | $13.6M |
| Q1 26 | — | 25.3% | ||
| Q4 25 | 181.0% | 8.3% | ||
| Q3 25 | 44.8% | 15.4% | ||
| Q2 25 | 56.3% | 6.3% | ||
| Q1 25 | 47.0% | 18.9% | ||
| Q4 24 | 178.1% | 1.5% | ||
| Q3 24 | 50.6% | 13.8% | ||
| Q2 24 | 62.2% | 4.3% |
| Q1 26 | — | — | ||
| Q4 25 | 8.9% | 3.8% | ||
| Q3 25 | 1.8% | 3.4% | ||
| Q2 25 | 3.1% | 3.4% | ||
| Q1 25 | 1.6% | 3.4% | ||
| Q4 24 | 7.8% | 3.6% | ||
| Q3 24 | 1.9% | 3.1% | ||
| Q2 24 | 2.5% | 3.4% |
| Q1 26 | — | 2.66× | ||
| Q4 25 | 5.99× | 1.03× | ||
| Q3 25 | 1.91× | 2.26× | ||
| Q2 25 | 2.20× | 0.97× | ||
| Q1 25 | 1.74× | 2.27× | ||
| Q4 24 | 5.64× | 0.63× | ||
| Q3 24 | 2.67× | 1.86× | ||
| Q2 24 | 2.52× | 0.81× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AMH
Segment breakdown not available.
STRA
| U.S. Higher Education | $212.6M | 69% |
| Australia/New Zealand | $51.8M | 17% |
| Education Technology Services | $41.5M | 14% |
