AMHAmerican Homes 4 Rent

$34.18

Is it safe?

Can AMH take a bad year?

American Homes 4 Rent carries $5.06B of net debt at 6.50× EBITDA: a heavy load to carry through a bad year.

$5.06B

Net debt · as at Q1 2026 · over four years of earnings before interest, tax and depreciation, heavy

Net debt / EBITDA
6.50×

Net debt / EBITDA

Interest cover
1.45×

Interest cover · operating profit barely covers the interest bill

Annualised volatility
21%

Annualised volatility · about as steady as the market itself

Details
Total debtQ1 2026
$5.13B
Cash and short-term investments
$63M
Net debt
$5.06B
EBITDA, trailing twelve months
$779M
Operating profit, trailing twelve months
$272M
Debt / equity
0.74×
Total debt / EBITDA
6.58×
Annualised volatilitytwo years of daily moves
21%
Worst drawdown on file
−38%
Below its 52-week high
−1.8%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.