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AMHPE.PFD (American Homes 4 Rent) Gross Profit : $953.67 Mil (TTM As of Sep. 2024)


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What is American Homes 4 Rent Gross Profit?

American Homes 4 Rent's gross profit for the three months ended in Sep. 2024 was $241.05 Mil. American Homes 4 Rent's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was $953.67 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. American Homes 4 Rent's gross profit for the three months ended in Sep. 2024 was $241.05 Mil. American Homes 4 Rent's Revenue for the three months ended in Sep. 2024 was $445.06 Mil. Therefore, American Homes 4 Rent's Gross Margin % for the quarter that ended in Sep. 2024 was 54.16%.

American Homes 4 Rent had a gross margin of 54.16% for the quarter that ended in Sep. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of American Homes 4 Rent was 56.07%. The lowest was 53.48%. And the median was 54.77%.


American Homes 4 Rent Gross Profit Historical Data

The historical data trend for American Homes 4 Rent's Gross Profit 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 Gross Profit Chart

American Homes 4 Rent Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 611.38 632.36 716.81 825.75 900.78

American Homes 4 Rent Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 223.87 234.75 236.23 241.64 241.05

Competitive Comparison of American Homes 4 Rent's Gross Profit

For the REIT - Residential subindustry, American Homes 4 Rent's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


American Homes 4 Rent's Gross Profit Distribution in the REITs Industry

For the REITs industry and Real Estate sector, American Homes 4 Rent's Gross Profit distribution charts can be found below:

* The bar in red indicates where American Homes 4 Rent's Gross Profit falls into.



American Homes 4 Rent Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

American Homes 4 Rent's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=1623.605 - 722.822
=900.78

American Homes 4 Rent's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=445.055 - 204.004
=241.05

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $953.67 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

American Homes 4 Rent's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=241.05 / 445.055
=54.16 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


American Homes 4 Rent  (NYSE:AMHpE.PFD) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

American Homes 4 Rent had a gross margin of 54.16% for the quarter that ended in Sep. 2024 => Durable competitive advantage


American Homes 4 Rent Gross Profit Related Terms

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American Homes 4 Rent Business Description

Traded in Other Exchanges
Address
280 Pilot Road, Las Vegas, NV, USA, 89119
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.