American Homes 4 Rent (AMH) FY2016 results: revenue $879 million, up 39.4% on the year
American Homes 4 Rent (AMH) reported revenue of $879 million for fiscal 2016, the year ended 31 December 2016, up 39.4% on the year before. Net income was -$34 million, and diluted earnings per share $-0.14. The figures are the company's own, from the 10-K it filed with the SEC on 22 February 2019.
Revenue
$879 million
+39.4% on the year
FY2012FY2016
Operating margin
n/a
FY2012FY2016
Net income
-$34 million
FY2012FY2016
Diluted EPS
-$0.14
FY2012FY2016
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Revenue
879
631
399
+39.4%
Interest expense
131
89.4
19.9
+46.3%
Net income
-33.5
-84.6
-67.0
Net margin
-3.8%
-13.4%
-16.8%
Diluted EPS
-$0.14
-$0.40
-$0.34
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Operating cash flow
279
212
176
+31.4%
Capital expenditure
39.9
148
185
-73.0%
Free cash flow
239
64.7
-9.9
+269.2%
Free cash flow margin
27.2%
10.3%
-2.5%
Cash from investing
-522
-862
-1,865
Cash from financing
325
632
1,700
-48.6%
Depreciation and amortisation
299
243
166
+23.0%
Share-based compensation
3.6
3.1
2.6
+16.4%
Buybacks
96.1
57.4
0.0
+67.5%
Dividends paid
48.2
42.1
39.7
+14.3%
Dividend per share
$0.20
$0.20
$0.20
0.0%
Diluted shares, weighted
234m
n/a
n/a
Balance sheet
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Shareholders' equity
4,193
3,259
3,450
+28.6%
Non-controlling interest
745
676
719
+10.2%
Debt
2,923
2,524
1,778
+15.8%
Other liabilities
247
292
280
-15.3%
Total liabilities and equity
8,107
6,751
6,227
+20.1%
Goodwill
120
121
121
-0.3%
Cash and equivalents
119
57.7
109
+105.9%
Other assets
7,868
6,573
5,998
+19.7%
Total assets
8,107
6,751
6,227
+20.1%
10-K for the year ended 31 December 2016, filed 22 February 2019: the filing.