vs
Side-by-side financial comparison of American Homes 4 Rent (AMH) and WYNDHAM HOTELS & RESORTS, INC. (WH). 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 $334.0M, roughly 1.4× WYNDHAM HOTELS & RESORTS, INC.). American Homes 4 Rent runs the higher net margin — 31.7% vs -18.0%, a 49.7% gap on every dollar of revenue. On growth, American Homes 4 Rent posted the faster year-over-year revenue change (4.2% vs -76.3%). American Homes 4 Rent produced more free cash flow last quarter ($823.7M vs $168.0M). Over the past eight quarters, American Homes 4 Rent's revenue compounded faster (3.6% CAGR vs -4.6%).
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.
Wyndham Hotels & Resorts, Inc., is an American hospitality company based in Parsippany, New Jersey, United States. It describes itself as the largest hotel franchisor in the world, with 9,100 locations.
AMH vs WH — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $455.0M | $334.0M |
| Net Profit | $144.3M | $-60.0M |
| Gross Margin | — | — |
| Operating Margin | — | — |
| Net Margin | 31.7% | -18.0% |
| Revenue YoY | 4.2% | -76.3% |
| Net Profit YoY | 0.3% | -170.6% |
| EPS (diluted) | $0.33 | $-0.80 |
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 | — | $334.0M | ||
| Q4 25 | $455.0M | $334.0M | ||
| Q3 25 | $478.5M | $382.0M | ||
| Q2 25 | $457.5M | $397.0M | ||
| Q1 25 | $459.3M | $316.0M | ||
| Q4 24 | $436.6M | $336.0M | ||
| Q3 24 | $445.1M | $396.0M | ||
| Q2 24 | $423.5M | $367.0M |
| Q1 26 | — | $-60.0M | ||
| Q4 25 | $144.3M | $-60.0M | ||
| Q3 25 | $116.8M | $105.0M | ||
| Q2 25 | $123.6M | $87.0M | ||
| Q1 25 | $128.7M | $61.0M | ||
| Q4 24 | $143.9M | $85.0M | ||
| Q3 24 | $87.6M | $102.0M | ||
| Q2 24 | $108.5M | $86.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | -11.4% | ||
| Q3 25 | — | 46.6% | ||
| Q2 25 | — | 37.8% | ||
| Q1 25 | — | 35.4% | ||
| Q4 24 | — | 38.4% | ||
| Q3 24 | — | 43.2% | ||
| Q2 24 | — | 39.5% |
| Q1 26 | — | -18.0% | ||
| Q4 25 | 31.7% | -18.0% | ||
| Q3 25 | 24.4% | 27.5% | ||
| Q2 25 | 27.0% | 21.9% | ||
| Q1 25 | 28.0% | 19.3% | ||
| Q4 24 | 33.0% | 25.3% | ||
| Q3 24 | 19.7% | 25.8% | ||
| Q2 24 | 25.6% | 23.4% |
| Q1 26 | — | $-0.80 | ||
| Q4 25 | $0.33 | $-0.77 | ||
| Q3 25 | $0.27 | $1.36 | ||
| Q2 25 | $0.28 | $1.13 | ||
| Q1 25 | $0.30 | $0.78 | ||
| Q4 24 | $0.33 | $1.06 | ||
| Q3 24 | $0.20 | $1.29 | ||
| Q2 24 | $0.25 | $1.07 |
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 | $64.0M |
| Total DebtLower is stronger | $5.1B | — |
| Stockholders' EquityBook value | $7.0B | $468.0M |
| Total Assets | $13.2B | $4.2B |
| Debt / EquityLower = less leverage | 0.72× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $64.0M | ||
| Q4 25 | $108.5M | $64.0M | ||
| Q3 25 | $45.6M | $70.0M | ||
| Q2 25 | $323.3M | $50.0M | ||
| Q1 25 | $69.7M | $48.0M | ||
| Q4 24 | $199.4M | $103.0M | ||
| Q3 24 | $162.5M | $72.0M | ||
| Q2 24 | $718.4M | $70.0M |
| Q1 26 | — | — | ||
| Q4 25 | $5.1B | $2.5B | ||
| Q3 25 | $4.8B | $2.6B | ||
| Q2 25 | $5.2B | $2.5B | ||
| Q1 25 | $4.9B | $2.5B | ||
| Q4 24 | $5.0B | $2.4B | ||
| Q3 24 | $4.5B | $2.4B | ||
| Q2 24 | $5.0B | $2.4B |
| Q1 26 | — | $468.0M | ||
| Q4 25 | $7.0B | $468.0M | ||
| Q3 25 | $7.2B | $583.0M | ||
| Q2 25 | $7.2B | $570.0M | ||
| Q1 25 | $7.2B | $579.0M | ||
| Q4 24 | $7.2B | $650.0M | ||
| Q3 24 | $7.0B | $583.0M | ||
| Q2 24 | $7.0B | $623.0M |
| Q1 26 | — | $4.2B | ||
| Q4 25 | $13.2B | $4.2B | ||
| Q3 25 | $13.3B | $4.3B | ||
| Q2 25 | $13.6B | $4.3B | ||
| Q1 25 | $13.3B | $4.2B | ||
| Q4 24 | $13.4B | $4.2B | ||
| Q3 24 | $12.8B | $4.2B | ||
| Q2 24 | $13.3B | $4.2B |
| Q1 26 | — | — | ||
| Q4 25 | 0.72× | 5.37× | ||
| Q3 25 | 0.68× | 4.43× | ||
| Q2 25 | 0.72× | 4.44× | ||
| Q1 25 | 0.69× | 4.29× | ||
| Q4 24 | 0.70× | 3.72× | ||
| Q3 24 | 0.64× | 4.19× | ||
| Q2 24 | 0.71× | 3.83× |
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 | $367.0M |
| Free Cash FlowOCF − Capex | $823.7M | $168.0M |
| FCF MarginFCF / Revenue | 181.0% | 50.3% |
| Capex IntensityCapex / Revenue | 8.9% | — |
| Cash ConversionOCF / Net Profit | 5.99× | — |
| TTM Free Cash FlowTrailing 4 quarters | $1.5B | $437.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $367.0M | ||
| Q4 25 | $864.3M | $152.0M | ||
| Q3 25 | $223.3M | $86.0M | ||
| Q2 25 | $271.9M | $70.0M | ||
| Q1 25 | $223.4M | $59.0M | ||
| Q4 24 | $811.5M | $134.0M | ||
| Q3 24 | $233.6M | $79.0M | ||
| Q2 24 | $274.0M | $1.0M |
| Q1 26 | — | $168.0M | ||
| Q4 25 | $823.7M | $136.0M | ||
| Q3 25 | $214.5M | $75.0M | ||
| Q2 25 | $257.7M | $58.0M | ||
| Q1 25 | $215.9M | $52.0M | ||
| Q4 24 | $777.5M | $109.0M | ||
| Q3 24 | $225.3M | $71.0M | ||
| Q2 24 | $263.3M | $-6.0M |
| Q1 26 | — | 50.3% | ||
| Q4 25 | 181.0% | 40.7% | ||
| Q3 25 | 44.8% | 19.6% | ||
| Q2 25 | 56.3% | 14.6% | ||
| Q1 25 | 47.0% | 16.5% | ||
| Q4 24 | 178.1% | 32.4% | ||
| Q3 24 | 50.6% | 17.9% | ||
| Q2 24 | 62.2% | -1.6% |
| Q1 26 | — | — | ||
| Q4 25 | 8.9% | 4.8% | ||
| Q3 25 | 1.8% | 2.9% | ||
| Q2 25 | 3.1% | 3.0% | ||
| Q1 25 | 1.6% | 2.2% | ||
| Q4 24 | 7.8% | 7.4% | ||
| Q3 24 | 1.9% | 2.0% | ||
| Q2 24 | 2.5% | 1.9% |
| Q1 26 | — | — | ||
| Q4 25 | 5.99× | — | ||
| Q3 25 | 1.91× | 0.82× | ||
| Q2 25 | 2.20× | 0.80× | ||
| Q1 25 | 1.74× | 0.97× | ||
| Q4 24 | 5.64× | 1.58× | ||
| Q3 24 | 2.67× | 0.77× | ||
| Q2 24 | 2.52× | 0.01× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AMH
Segment breakdown not available.
WH
| Fee-related and other revenues | $334.0M | 100% |
| Management and other fees | $2.0M | 1% |
