Business
AMH Reports Fourth Quarter and Full Year 2024 Financial and Operating Results
AMH (NYSE: AMH) (the "Company"), a leading large-scale integrated owner, operator and developer of single-family rental homes, today announced its financial and operating results for the quarter and full year ended December 31, 2024.
About this update from American Homes 4 Rent
[{"type":"text","content":"15% Increase in Quarterly Distribution","length":38,"tagName":"p","attribs":{}},{"type":"text","content":"LAS VEGAS, Feb. 20, 2025 /PRNewswire/ -- AMH (NYSE: AMH) (the "Company"), a leading large-scale integrated owner, operator and developer of single-family rental homes, today announced its financial and operating results for the quarter and full year ended December 31, 2024.","length":289,"tagName":"p"},{"type":"image","alt":"AMH Logo (PRNewsfoto/American Homes 4 Rent)","displaySize":"","headline":null,"caption":"AMH Logo (PRNewsfoto/American Homes 4 Rent)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":123,"url":"https://media.zenfs.com/en/prnewswire.com/d564df2c35612a5a29539ae376a2aa0a"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/oe0zQbZ2KFB1nU3xVKo1Aw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTIxNztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/d564df2c35612a5a29539ae376a2aa0a","width":400,"height":123}},"href":"https://mma.prnewswire.com/media/1990748/AMH_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Highlights","length":10,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Rents and other single-family property revenues increased 6.8% year-over-year to $436.6 million for the fourth quarter of 2024.","length":127,"tagName":"p"}]},{"val":[{"type":"text","content":"Net income attributable to common shareholders totaled $123.2 million, or $0.33 per diluted share, for the fourth quarter of 2024, compared to $76.6 million, or $0.21 per diluted share, for the fourth quarter of 2023.","length":217,"tagName":"p"}]},{"val":[{"type":"text","content":"Core Funds from Operations ("Core FFO") attributable to common share and unit holders increased 5.7% year-over-year to $0.45 per FFO share and unit for the fourth quarter of 2024 and Adjusted Funds from Operations ("Adjusted FFO") attributable to common share and unit holders increased 5.9% year-over-year to $0.41 per FFO share and unit for the fourth quarter of 2024.","length":390,"tagName":"p"}]},{"val":[{"type":"text","content":"Core Net Operating Income ("Core NOI") from Same-Home properties increased by 3.6% year-over-year for the fourth quarter of 2024.","length":139,"tagName":"p"}]},{"val":[{"type":"text","content":"Achieved Same-Home Averag...