AMH saw a 6.8% increase in rental revenue and a 60.8% rise in net income year-over-year. Adjusted EPS was $0.41, supported by strong occupancy and rental rate growth. The company delivered 463 new homes and raised $500 million through senior notes. The dividend was increased by 15% for Q1 2025.
Rental revenue increased by 6.8% year-over-year to $436.6 million.
Net income rose to $123.2 million, a 60.8% increase from Q4 2023.
Adjusted EPS was $0.41, up from $0.39 in Q4 2023.
The company delivered 463 newly constructed homes.
AMH expects moderate growth in revenue and NOI for FY 2025, supported by stable occupancy and higher rental rates.
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