American Homes 4 Rent (AMH) FY2017 results: revenue $960 million, up 9.3% on the year
American Homes 4 Rent (AMH) reported revenue of $960 million for fiscal 2017, the year ended 31 December 2017, up 9.3% on the year before. Net income was -$22 million, and diluted earnings per share $-0.08. The figures are the company's own, from the 10-K it filed with the SEC on 28 February 2020.
Revenue
$960 million
+9.3% on the year
FY2012FY2017
Operating margin
n/a
FY2012FY2017
Net income
-$22 million
FY2012FY2017
Diluted EPS
-$0.08
FY2012FY2017
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Revenue
960
879
631
+9.3%
Interest expense
113
131
89.4
-13.9%
Net income
-22.1
-33.5
-84.6
Net margin
-2.3%
-3.8%
-13.4%
Diluted EPS
-$0.08
-$0.14
-$0.40
$ 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
FY2017
FY2016
FY2015
On the year
Last 8 years
Operating cash flow
386
279
212
+38.4%
Capital expenditure
47.9
39.9
148
+20.0%
Free cash flow
338
239
64.7
+41.5%
Free cash flow margin
35.2%
27.2%
10.3%
Cash from investing
-837
-522
-862
Cash from financing
384
325
632
+18.3%
Depreciation and amortisation
297
299
243
-0.5%
Share-based compensation
4.2
3.6
3.1
+15.8%
Buybacks
0.0
96.1
57.4
Dividends paid
38.9
48.2
42.1
-19.2%
Dividend per share
$0.20
$0.20
$0.20
0.0%
Diluted shares, weighted
264m
234m
n/a
+12.9%
Balance sheet
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Shareholders' equity
5,150
4,193
3,259
+22.8%
Non-controlling interest
726
745
676
-2.5%
Debt
2,476
2,923
2,524
-15.3%
Other liabilities
257
247
292
+4.1%
Total liabilities and equity
8,609
8,107
6,751
+6.2%
Goodwill
120
120
121
0.0%
Cash and equivalents
46.2
119
57.7
-61.1%
Other assets
8,442
7,868
6,573
+7.3%
Total assets
8,609
8,107
6,751
+6.2%
10-K for the year ended 31 December 2017, filed 28 February 2020: the filing.