American Homes 4 Rent Operating Expenses Growth & History (AMH)
American Homes 4 Rent's operating expenses was $587.3M for fiscal 2025.
View full American Homes 4 Rent company overviewAmerican Homes 4 Rent annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $587.3M | −$914.9M | −60.90% |
| 2024 | 2024-12-31 | $1.50B | $91.1M | +6.46% |
| 2023 | 2023-12-31 | $1.41B | $87.3M | +6.59% |
| 2022 | 2022-12-31 | $1.32B | $176.8M | +15.42% |
| 2021 | 2021-12-31 | $1.15B | $88.8M | +8.40% |
| 2020 | 2020-12-31 | $1.06B | $34.6M | +3.38% |
| 2019 | 2019-12-31 | $1.02B | $45.5M | +4.65% |
| 2018 | 2018-12-31 | $978.1M | $91.1M | +10.27% |
| 2017 | 2017-12-31 | $887.0M | $13.0M | +1.48% |
| 2016 | 2016-12-31 | $874.0M | $198.3M | +29.34% |
| 2015 | 2015-12-31 | $675.8M | $255.1M | +60.64% |
| 2014 | 2014-12-31 | $420.7M | $254.5M | +153.15% |
| 2013 | 2013-12-31 | $166.2M | $151.4M | +1024.69% |
| 2012 | 2012-12-31 | $14.8M | — | — |
American Homes 4 Rent quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $149.3M | $2.3M | +1.58% |
| Q1 2026 | 2026-03-31 | $148.7M | — | — |
| Q4 2025 | 2025-12-31 | $148.6M | — | — |
| Q3 2025 | 2025-09-30 | $147.2M | — | — |
| Q2 2025 | 2025-06-30 | $146.9M | — | — |
| Q1 2024 | 2024-03-31 | $366.8M | $17.4M | +4.99% |
| Q4 2023 | 2023-12-31 | $347.5M | $12.9M | +3.85% |
| Q3 2023 | 2023-09-30 | $368.8M | $13.8M | +3.90% |
| Q2 2023 | 2023-06-30 | $345.4M | $21.6M | +6.68% |
| Q1 2023 | 2023-03-31 | $349.4M | $38.9M | +12.54% |
| Q4 2022 | 2022-12-31 | $334.6M | $42.3M | +14.48% |
| Q3 2022 | 2022-09-30 | $355.0M | $54.2M | +18.02% |
| Q2 2022 | 2022-06-30 | $323.8M | $50.4M | +18.42% |
| Q1 2022 | 2022-03-31 | $310.5M | $29.9M | +10.67% |
| Q4 2021 | 2021-12-31 | $292.3M | $30.0M | +11.44% |
| Q3 2021 | 2021-09-30 | $300.8M | $22.2M | +7.96% |
| Q2 2021 | 2021-06-30 | $273.4M | $12.9M | +4.94% |
| Q1 2021 | 2021-03-31 | $280.5M | $23.8M | +9.27% |
| Q4 2020 | 2020-12-31 | $262.3M | $15.5M | +6.29% |
| Q3 2020 | 2020-09-30 | $278.6M | $8.2M | +3.02% |
| Q2 2020 | 2020-06-30 | $260.5M | $5.9M | +2.32% |
| Q1 2020 | 2020-03-31 | $256.7M | $5.0M | +1.97% |
| Q4 2019 | 2019-12-31 | $246.8M | $3.7M | +1.53% |
| Q3 2019 | 2019-09-30 | $270.4M | $15.7M | +6.16% |
| Q2 2019 | 2019-06-30 | $254.6M | $14.2M | +5.93% |
| Q1 2019 | 2019-03-31 | $251.8M | $11.8M | +4.92% |
| Q4 2018 | 2018-12-31 | $243.1M | $28.9M | +13.47% |
| Q3 2018 | 2018-09-30 | $254.7M | $16.7M | +7.02% |
| Q2 2018 | 2018-06-30 | $240.4M | $24.2M | +11.18% |
| Q1 2018 | 2018-03-31 | $239.9M | $21.4M | +9.78% |
| Q4 2017 | 2017-12-31 | $214.2M | −$1.9M | −0.89% |
| Q3 2017 | 2017-09-30 | $238.0M | $6.0M | +2.59% |
| Q2 2017 | 2017-06-30 | $216.2M | −$8.4M | −3.73% |
| Q1 2017 | 2017-03-31 | $218.6M | $17.2M | +8.57% |
| Q4 2016 | 2016-12-31 | $216.1M | $36.1M | +20.04% |
| Q3 2016 | 2016-09-30 | $232.0M | $43.0M | +22.74% |
| Q2 2016 | 2016-06-30 | $224.6M | $59.8M | +36.31% |
| Q1 2016 | 2016-03-31 | $201.3M | $59.4M | +41.81% |
| Q4 2015 | 2015-12-31 | $180.0M | $58.0M | +47.49% |
| Q3 2015 | 2015-09-30 | $189.0M | $64.0M | +51.19% |
| Q2 2015 | 2015-06-30 | $164.7M | $72.2M | +77.94% |
| Q1 2015 | 2015-03-31 | $142.0M | $61.0M | +75.27% |
| Q4 2014 | 2014-12-31 | $122.1M | $51.1M | +72.10% |
| Q3 2014 | 2014-09-30 | $125.0M | $72.1M | +136.41% |
| Q2 2014 | 2014-06-30 | $92.6M | $63.7M | +220.06% |
| Q1 2014 | 2014-03-31 | $81.0M | $67.6M | +502.77% |
| Q4 2013 | 2013-12-31 | $70.9M | — | — |
| Q3 2013 | 2013-09-30 | $52.9M | $49.2M | +1345.76% |
| Q2 2013 | 2013-06-30 | $28.9M | $27.2M | +1553.03% |
| Q1 2013 | 2013-03-31 | $13.4M | — | — |
| Q3 2012 | 2012-09-30 | $3.7M | — | — |
| Q2 2012 | 2012-06-30 | $1.8M | — | — |
American Homes 4 Rent operating expenses trends
Over the last five fiscal years, American Homes 4 Rent's operating expenses decreased from $1.06B to $587.3M, a change of −$470.8M. The latest reported quarter, Q2 2026, shows $149.3M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review American Homes 4 Rent source filings ↗