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Side-by-side financial comparison of American Homes 4 Rent (AMH) and TENNANT CO (TNC). 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 $291.6M, roughly 1.6× TENNANT CO). American Homes 4 Rent runs the higher net margin — 31.7% vs -1.5%, a 33.2% gap on every dollar of revenue. On growth, American Homes 4 Rent posted the faster year-over-year revenue change (4.2% vs -11.3%). American Homes 4 Rent produced more free cash flow last quarter ($823.7M vs $9.7M). Over the past eight quarters, American Homes 4 Rent's revenue compounded faster (3.6% CAGR vs -3.2%).

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.

The Tennant Company (TNC:NYQ) is a company with about 4000 employees that provides cleaning products. It is a company that is listed in the New York Stock Exchange.

AMH vs TNC — Head-to-Head

Bigger by revenue
AMH
AMH
1.6× larger
AMH
$455.0M
$291.6M
TNC
Growing faster (revenue YoY)
AMH
AMH
+15.6% gap
AMH
4.2%
-11.3%
TNC
Higher net margin
AMH
AMH
33.2% more per $
AMH
31.7%
-1.5%
TNC
More free cash flow
AMH
AMH
$814.0M more FCF
AMH
$823.7M
$9.7M
TNC
Faster 2-yr revenue CAGR
AMH
AMH
Annualised
AMH
3.6%
-3.2%
TNC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AMH
AMH
TNC
TNC
Revenue
$455.0M
$291.6M
Net Profit
$144.3M
$-4.4M
Gross Margin
34.6%
Operating Margin
-1.4%
Net Margin
31.7%
-1.5%
Revenue YoY
4.2%
-11.3%
Net Profit YoY
0.3%
-166.7%
EPS (diluted)
$0.33
$-0.21

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.

Revenue
AMH
AMH
TNC
TNC
Q4 25
$455.0M
$291.6M
Q3 25
$478.5M
$303.3M
Q2 25
$457.5M
$318.6M
Q1 25
$459.3M
$290.0M
Q4 24
$436.6M
$328.9M
Q3 24
$445.1M
$315.8M
Q2 24
$423.5M
$331.0M
Q1 24
$423.6M
$311.0M
Net Profit
AMH
AMH
TNC
TNC
Q4 25
$144.3M
$-4.4M
Q3 25
$116.8M
$14.9M
Q2 25
$123.6M
$20.2M
Q1 25
$128.7M
$13.1M
Q4 24
$143.9M
$6.6M
Q3 24
$87.6M
$20.8M
Q2 24
$108.5M
$27.9M
Q1 24
$128.1M
$28.4M
Gross Margin
AMH
AMH
TNC
TNC
Q4 25
34.6%
Q3 25
42.7%
Q2 25
42.1%
Q1 25
41.4%
Q4 24
41.3%
Q3 24
42.4%
Q2 24
43.1%
Q1 24
44.2%
Operating Margin
AMH
AMH
TNC
TNC
Q4 25
-1.4%
Q3 25
7.4%
Q2 25
9.6%
Q1 25
6.8%
Q4 24
2.3%
Q3 24
9.7%
Q2 24
11.7%
Q1 24
12.1%
Net Margin
AMH
AMH
TNC
TNC
Q4 25
31.7%
-1.5%
Q3 25
24.4%
4.9%
Q2 25
27.0%
6.3%
Q1 25
28.0%
4.5%
Q4 24
33.0%
2.0%
Q3 24
19.7%
6.6%
Q2 24
25.6%
8.4%
Q1 24
30.2%
9.1%
EPS (diluted)
AMH
AMH
TNC
TNC
Q4 25
$0.33
$-0.21
Q3 25
$0.27
$0.80
Q2 25
$0.28
$1.08
Q1 25
$0.30
$0.69
Q4 24
$0.33
$0.35
Q3 24
$0.20
$1.09
Q2 24
$0.25
$1.45
Q1 24
$0.30
$1.49

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AMH
AMH
TNC
TNC
Cash + ST InvestmentsLiquidity on hand
$108.5M
Total DebtLower is stronger
$5.1B
$273.2M
Stockholders' EquityBook value
$7.0B
$601.6M
Total Assets
$13.2B
$1.3B
Debt / EquityLower = less leverage
0.72×
0.45×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMH
AMH
TNC
TNC
Q4 25
$108.5M
Q3 25
$45.6M
Q2 25
$323.3M
Q1 25
$69.7M
Q4 24
$199.4M
Q3 24
$162.5M
Q2 24
$718.4M
Q1 24
$124.8M
Total Debt
AMH
AMH
TNC
TNC
Q4 25
$5.1B
$273.2M
Q3 25
$4.8B
$238.3M
Q2 25
$5.2B
$213.4M
Q1 25
$4.9B
$213.3M
Q4 24
$5.0B
$198.2M
Q3 24
$4.5B
$208.6M
Q2 24
$5.0B
$205.6M
Q1 24
$4.5B
$207.4M
Stockholders' Equity
AMH
AMH
TNC
TNC
Q4 25
$7.0B
$601.6M
Q3 25
$7.2B
$640.9M
Q2 25
$7.2B
$651.9M
Q1 25
$7.2B
$624.4M
Q4 24
$7.2B
$620.8M
Q3 24
$7.0B
$647.2M
Q2 24
$7.0B
$624.6M
Q1 24
$7.0B
$614.6M
Total Assets
AMH
AMH
TNC
TNC
Q4 25
$13.2B
$1.3B
Q3 25
$13.3B
$1.3B
Q2 25
$13.6B
$1.2B
Q1 25
$13.3B
$1.2B
Q4 24
$13.4B
$1.2B
Q3 24
$12.8B
$1.2B
Q2 24
$13.3B
$1.2B
Q1 24
$12.8B
$1.2B
Debt / Equity
AMH
AMH
TNC
TNC
Q4 25
0.72×
0.45×
Q3 25
0.68×
0.37×
Q2 25
0.72×
0.33×
Q1 25
0.69×
0.34×
Q4 24
0.70×
0.32×
Q3 24
0.64×
0.32×
Q2 24
0.71×
0.33×
Q1 24
0.64×
0.34×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AMH
AMH
TNC
TNC
Operating Cash FlowLast quarter
$864.3M
$14.2M
Free Cash FlowOCF − Capex
$823.7M
$9.7M
FCF MarginFCF / Revenue
181.0%
3.3%
Capex IntensityCapex / Revenue
8.9%
1.5%
Cash ConversionOCF / Net Profit
5.99×
TTM Free Cash FlowTrailing 4 quarters
$1.5B
$43.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMH
AMH
TNC
TNC
Q4 25
$864.3M
$14.2M
Q3 25
$223.3M
$28.7M
Q2 25
$271.9M
$22.5M
Q1 25
$223.4M
$-400.0K
Q4 24
$811.5M
$37.5M
Q3 24
$233.6M
$30.7M
Q2 24
$274.0M
$18.6M
Q1 24
$201.8M
$2.9M
Free Cash Flow
AMH
AMH
TNC
TNC
Q4 25
$823.7M
$9.7M
Q3 25
$214.5M
$22.3M
Q2 25
$257.7M
$18.7M
Q1 25
$215.9M
$-7.4M
Q4 24
$777.5M
$28.1M
Q3 24
$225.3M
$26.4M
Q2 24
$263.3M
$14.4M
Q1 24
$191.0M
$-100.0K
FCF Margin
AMH
AMH
TNC
TNC
Q4 25
181.0%
3.3%
Q3 25
44.8%
7.4%
Q2 25
56.3%
5.9%
Q1 25
47.0%
-2.6%
Q4 24
178.1%
8.5%
Q3 24
50.6%
8.4%
Q2 24
62.2%
4.4%
Q1 24
45.1%
-0.0%
Capex Intensity
AMH
AMH
TNC
TNC
Q4 25
8.9%
1.5%
Q3 25
1.8%
2.1%
Q2 25
3.1%
1.2%
Q1 25
1.6%
2.4%
Q4 24
7.8%
2.9%
Q3 24
1.9%
1.4%
Q2 24
2.5%
1.3%
Q1 24
2.6%
1.0%
Cash Conversion
AMH
AMH
TNC
TNC
Q4 25
5.99×
Q3 25
1.91×
1.93×
Q2 25
2.20×
1.11×
Q1 25
1.74×
-0.03×
Q4 24
5.64×
5.68×
Q3 24
2.67×
1.48×
Q2 24
2.52×
0.67×
Q1 24
1.58×
0.10×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AMH
AMH

Segment breakdown not available.

TNC
TNC

Equipment Sales$165.5M57%
Parts And Consumables$69.1M24%
Service And Other$57.0M20%

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