• American Homes 4 Rent average return on tangible equity for 2024 was 4.83, a 0.21% increase from 2023.
• American Homes 4 Rent average return on tangible equity for 2023 was 4.84, a 59.74% decline from 2022.
• American Homes 4 Rent average return on tangible equity for 2022 was 3.03, a 72.16% increase from 2021.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.