American Homes 4 Rent Cash Flow
Concept
Operating Cash Flow
Net Income
Depreciation & Amortization
Stock based compensation
Other non cash items
Change in working capital
Investing Cash Flow
Capital Expenditures
Financing Cash Flow
Dividends Paid
Payout Ratio
Share Issuance / Repurchase
Debt Issued / Paid
Other Investing Activities
End Cash Position
Changes in Cash
Beginning Cash Position
Free Cash Flow
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
786M
379M
457M
25M
-50M
20M
-623M
213M
-42M
333M
87.62 %
0M
0M
-49M
222M
4M
218M
573M
666M
310M
427M
27M
-122M
24M
98M
139M
786M
270M
86.52 %
-155M
626M
1,489M
218M
26M
192M
527M
595M
211M
373M
18M
9M
37M
33M
123M
1,065M
184M
87.69 %
-499M
1,045M
2,079M
192M
-73M
265M
473M
474M
155M
343M
10M
7M
-3M
99M
105M
270M
116M
76 %
137M
-23M
-35M
265M
101M
164M
369M
458M
156M
329M
5M
7M
0M
2M
71M
-92M
115M
73.08 %
-35M
23M
373M
164M
-11M
175M
386M
411M
112M
319M
3M
10M
-31M
39M
54M
256M
126M
113.16 %
-35M
297M
-21M
175M
-8M
183M
356M
386M
76M
297M
4M
13M
-15M
1M
38M
384M
85M
110.34 %
0M
-468M
-13M
183M
-67M
250M
348M
279M
10M
299M
4M
14M
-46M
27M
348M
325M
88M
950 %
-96M
-68M
1,359M
250M
81M
169M
-69M
201M
-48M
243M
3M
11M
-14M
-58M
785M
632M
64M
-134.78 %
-57M
778M
-69M
58M
-51M
109M
-584M
161M
-33M
166M
3M
13M
7M
-25M
1,550M
1,700M
59M
-176.47 %
3,515M
1,326M
-69M
109M
-40M
149M
-1,389M
16M
-20M
71M
1M
4M
-31M
0M
2,394M
2,105M
1M
-6.25 %
1,753M
356M
-22M
149M
-248M
397M
-2,378M
-7M
-10M
2M
0M
0M
1M
0M
90M
501M
0M
-0 %
0M
0M
6M
397M
397M
0M
-97M
Concept
Operating Cash Flow
Net Income
Depreciation & Amortization
Stock based compensation
Other non cash items
Change in working capital
Investing Cash Flow
Capital Expenditures
Financing Cash Flow
Dividends Paid
Payout Ratio
Share Issuance / Repurchase
Debt Issued / Paid
Other Investing Activities
End Cash Position
Changes in Cash
Beginning Cash Position
Free Cash Flow
4Q2023
3Q2023
2Q2023
1Q2023
4Q2022
3Q2022
2Q2022
1Q2022
4Q2021
3Q2021
2Q2021
1Q2021
4Q2020
3Q2020
2Q2020
1Q2020
4Q2019
3Q2019
2Q2019
1Q2019
4Q2018
3Q2018
2Q2018
1Q2018
4Q2017
3Q2017
2Q2017
1Q2017
4Q2016
3Q2016
2Q2016
1Q2016
4Q2015
3Q2015
2Q2015
1Q2015
4Q2014
3Q2014
2Q2014
1Q2014
4Q2013
3Q2013
2Q2013
1Q2013
4Q2012
3Q2012
2Q2012
1Q2012
129M
80M
116M
5M
289M
-72M
-227M
83M
91M
83M
104.55 %
168M
0M
-11M
222M
-21M
243M
46M
117M
2M
115M
6M
-117M
92M
13M
876M
-3M
3M
100 %
303M
-6M
3M
113M
113M
362M
117M
215M
115M
113M
9M
3M
35M
-2M
36M
-97M
83M
71.88 %
4M
-6M
-14M
362M
-47M
409M
179M
200M
138M
113M
6M
-83M
27M
12M
32M
63M
83M
60.53 %
298M
-137M
-22M
409M
191M
218M
169M
69M
104M
113M
4M
-53M
-98M
14M
40M
49M
67M
65.52 %
411M
124M
1,518M
218M
-40M
258M
29M
218M
62M
109M
6M
-21M
62M
18M
45M
132M
66M
105.56 %
-1M
-6M
83M
258M
36M
222M
173M
220M
75M
104M
11M
-29M
60M
41M
30M
236M
67M
90.48 %
-155M
453M
713M
222M
15M
207M
191M
159M
70M
100M
7M
-18M
0M
24M
24M
369M
68M
100 %
377M
54M
422M
207M
15M
192M
135M
97M
61M
97M
3M
3M
-53M
34M
32M
435M
40M
66.67 %
1,246M
344M
-11M
192M
-10M
202M
65M
166M
49M
94M
3M
2M
28M
-11M
34M
458M
38M
80 %
1,009M
105M
-22M
202M
18M
184M
133M
180M
52M
91M
3M
2M
43M
2M
31M
169M
45M
87.5 %
-303M
534M
214M
184M
-29M
212M
149M
152M
49M
90M
8M
2M
20M
13M
26M
3M
61M
126.67 %
1M
74M
71M
212M
-53M
265M
126M
47M
45M
89M
4M
2M
-82M
31M
26M
-18M
14M
28.57 %
124M
-5M
-5M
265M
-177M
442M
21M
148M
40M
87M
2M
2M
29M
53M
33M
247M
30M
76.92 %
415M
-135M
407M
442M
281M
161M
116M
153M
32M
85M
2M
2M
42M
13M
25M
-10M
29M
90.91 %
3M
19M
19M
161M
0M
162M
127M
126M
38M
83M
2M
2M
8M
2M
21M
50M
44M
125 %
1M
100M
94M
162M
-2M
164M
105M
37M
41M
83M
1M
1M
-80M
-6M
19M
-19M
14M
35.71 %
339M
-5M
-5M
164M
-134M
298M
18M
133M
41M
82M
1M
2M
23M
4M
19M
-66M
58M
135.71 %
1M
-6M
-8M
298M
13M
285M
114M
140M
40M
83M
1M
2M
24M
4M
18M
-128M
29M
76.92 %
10M
-105M
0M
285M
-28M
313M
122M
148M
33M
81M
1M
2M
34M
-1M
16M
120M
15M
45.45 %
0M
139M
385M
313M
138M
175M
132M
34M
35M
81M
1M
3M
-82M
8M
14M
67M
41M
116.67 %
11M
110M
243M
175M
-91M
266M
20M
126M
30M
80M
1M
3M
14M
26M
17M
83M
27M
90 %
118M
-5M
165M
266M
54M
213M
109M
137M
26M
78M
1M
3M
28M
0M
12M
-181M
29M
111.11 %
2M
-154M
-3M
213M
-148M
360M
125M
112M
22M
79M
1M
2M
9M
4M
11M
286M
29M
125 %
-35M
347M
-7M
360M
177M
183M
101M
37M
31M
76M
1M
-5M
-68M
-3M
349M
134M
0M
0 %
0M
134M
828M
183M
-180M
363M
-313M
124M
19M
75M
1M
5M
23M
3M
260M
307M
31M
157.14 %
114M
-98M
-23M
363M
167M
196M
-136M
115M
15M
73M
1M
4M
16M
0M
173M
-398M
28M
183.33 %
0M
-523M
-254M
196M
-435M
631M
-57M
110M
12M
74M
1M
9M
14M
0M
88M
341M
26M
220 %
25M
19M
-9M
631M
381M
250M
22M
36M
9M
74M
1M
7M
-58M
8M
89M
67M
26M
300 %
0M
-57M
564M
250M
144M
106M
-53M
94M
0M
75M
1M
1M
12M
18M
147M
-216M
26M
0 %
0M
-312M
-297M
106M
-164M
270M
-53M
94M
-4M
80M
1M
3M
13M
6M
61M
139M
19M
-400 %
-20M
105M
579M
270M
199M
71M
33M
55M
5M
70M
1M
4M
-14M
0M
51M
335M
18M
400 %
-76M
521M
512M
71M
14M
58M
5M
45M
-11M
62M
1M
6M
-14M
-45M
84M
-85M
16M
-160 %
-57M
1,010M
16M
58M
-181M
238M
-38M
52M
-20M
68M
1M
6M
-5M
-2M
153M
262M
16M
-88.89 %
0M
-189M
626M
238M
148M
91M
-101M
75M
-8M
59M
1M
-1M
22M
-2M
189M
104M
16M
-200 %
0M
-418M
271M
91M
-25M
116M
-114M
29M
-8M
54M
1M
-1M
-18M
-9M
359M
351M
16M
-200 %
0M
373M
876M
116M
7M
109M
-330M
29M
-10M
47M
1M
6M
-16M
-25M
489M
615M
16M
-160 %
1,182M
1,326M
-22M
109M
5M
104M
-461M
43M
-13M
45M
1M
-1M
9M
0M
371M
360M
16M
-133.33 %
824M
0M
-21M
104M
-135M
239M
43M
41M
-3M
38M
1M
5M
0M
0M
303M
438M
14M
-400 %
0M
0M
1,159M
239M
136M
103M
-261M
47M
-7M
35M
1M
3M
14M
7M
386M
286M
12M
-175 %
9M
295M
324M
103M
-46M
149M
-339M
12M
-9M
33M
0M
3M
-18M
0M
360M
341M
1M
-20 %
1,548M
0M
2,134M
149M
-9M
158M
-349M
2M
-4M
24M
0M
0M
-18M
0M
503M
408M
0M
-0 %
1,548M
0M
369M
158M
-93M
251M
-501M
-3M
0M
11M
0M
-11M
-4M
0M
956M
652M
0M
0 %
0M
0M
660M
251M
-268M
519M
-959M
5M
-7M
3M
0M
0M
9M
0M
575M
703M
0M
-0 %
0M
0M
115M
519M
122M
397M
-569M
-3M
-6M
2M
0M
0M
1M
0M
90M
497M
0M
-0 %
0M
0M
2M
397M
397M
0M
-93M
-2M
-3M
0M
0M
-401M
401M
0M
0M
2M
0M
-0 %
0M
0M
2M
0M
0M
0M
-2M
-1M
-2M
0M
0M
0M
0M
0M
0M
1M
0M
-0 %
0M
0M
1M
0M
0M
0M
-1M
0M
0M
0M
0M
0M
0M
0M
0M
0M
0M
0 %
0M
0M
0M
0M
0M
0M
0M