American Homes 4 Rent (American Homes 4 Rent) COGS-to-Revenue : 0.43 (As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is American Homes 4 Rent COGS-to-Revenue?

American Homes 4 Rent's Cost of Goods Sold for the three months ended in Dec. 2023 was $173.91 Mil. Its Revenue for the three months ended in Dec. 2023 was $408.66 Mil.

American Homes 4 Rent's COGS to Revenue for the three months ended in Dec. 2023 was 0.43.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. American Homes 4 Rent's Gross Margin % for the three months ended in Dec. 2023 was 57.44%.

American Homes 4 Rent COGS-to-Revenue Historical Data

The historical data trend for American Homes 4 Rent's COGS-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

American Homes 4 Rent COGS-to-Revenue Chart

American Homes 4 Rent Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.46

0.45

American Homes 4 Rent Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															0.43	0.45	0.44	0.47	0.43

American Homes 4 Rent COGS-to-Revenue Calculation

American Homes 4 Rent's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	722.822	/	1623.605
	=	0.45

American Homes 4 Rent's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	173.909	/	408.657
	=	0.43

American Homes 4 Rent (NYSE:AMHpD.PFD) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

American Homes 4 Rent's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	173.909 / 408.657
	=	57.44 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

American Homes 4 Rent COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of American Homes 4 Rent's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

American Homes 4 Rent (American Homes 4 Rent) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » American Homes 4 Rent (NYSE:AMHpD.PFD) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

AMHpH.PFD:USA AMHpG.PFD:USA AMH:USA A4XA:Germany

Address

280 Pilot Road, Las Vegas, NV, USA, 89119

Website

https://www.amh.com

American Homes 4 Rent is a real estate investment trust primarily focused on acquiring, operating, and leasing single-family homes as rental properties throughout the United States. The company's real estate portfolio is largely comprised of single-family properties in urban markets in the Southern and Midwestern regions of the U.S. American Homes 4 Rent's land holdings also represent a sizable percentage of its total assets in terms of value. The company derives the vast majority of its income in the form of rental revenue from single-family properties through short-term or annual leases. The firm's largest geographical markets include Dallas, Texas; Indianapolis, Indiana; Atlanta, Georgia; and Charlotte, North Carolina in terms of the number of properties in each.