Earnings Releases·Nov 4, 2026, 4:12 PM ET

AMH — Third Quarter 2026 Earnings Summary

Net income attributable to common shareholders decreased 17.4% year-over-year to $82.3 million ($0.23 per share) for the quarter, while Core FFO and Adjusted FFO rose 7.4% and 7.6% respectively to $0.50 and $0.45 per share.
The company raised its full-year 2026 Core FFO guidance midpoint by $0.02 to $1.97 per share, citing better revenue outlooks, lower-than-expected property tax expenses, and solid initial lease-up of development deliveries.
Total single-family properties increased to 60,626 homes, with Same-Home Core NOI growing 5.3% year-over-year to $278.4 million and Same-Home average occupied days percentage holding steady at 96.0%.
Capital return activities included the repurchase and retirement of 2.4 million Class A common shares for $75.0 million and the sale of 291 properties generating $94.0 million in net proceeds.
Total outstanding debt stands at $5.2 billion with a 4.5% weighted-average interest rate, while the company maintains a $1.25 billion revolving credit facility with $420.0 million in outstanding borrowings.