American Homes 4 Rent (AMH) vs Healthpeak Properties (DOC)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Healthpeak Properties (DOC) has outperformed American Homes 4 Rent (AMH) over the past year, losing 2.5% versus a loss of 7.4%. Over five years, AMH leads with a -23.3% price change compared with -46.1% for DOC. Healthpeak Properties is the larger company by market cap ($13.23 billion vs $12.30 billion), about 1.1 times the size, while American Homes 4 Rent is growing revenue faster (+7.0% vs +4.5%).
On valuation, American Homes 4 Rent trades at a lower forward P/E (44.4x vs 133.3x for Healthpeak Properties). Healthpeak Properties offers the higher dividend yield (6.54% vs 4.20%). American Homes 4 Rent converts more of its revenue into profit, with a net margin of 27.7% versus 2.5%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | AMH | DOC |
|---|---|---|
| Share price | $30.00 | $18.66 |
| Market cap | $12.30B | $13.23B |
| 1-day change | -1.54% | -1.79% |
| YTD return | -6.54% | +16.04% |
| 1-year return | -7.35% | -2.51% |
| 5-year return | -23.27% | -46.13% |
| P/E ratio (TTM) | 23.81 | 53.31 |
| Forward P/E | 44.36 | 133.29 |
| EPS (TTM) | $1.26 | $0.35 |
| Dividend yield | 4.20% | 6.54% |
| Annual dividend | $1.26 | $1.22 |
| Revenue (latest FY) | $1.85B | $2.82B |
| Revenue growth (YoY) | +7.03% | +4.52% |
| Net income (latest FY) | $513.39M | $71.35M |
| Net margin | 27.75% | 2.53% |
| 52-week high | $35.07 | $22.95 |
| 52-week low | $27.22 | $15.70 |
| Distance from 52-week high | -14.46% | -18.69% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +23.70% | +22.99% |
| Average volume | 2.48M | 5.44M |
| Shares outstanding | 359.18M | 689.53M |
| Employees | 1,598 | 411 |
| Sector | Real Estate | Real Estate |
| Industry | Real Estate Investment Trusts | Real Estate Investment Trusts |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Healthpeak Properties trades at a higher earnings multiple (53.3x vs 23.8x trailing P/E).
- Healthpeak Properties offers a meaningfully higher dividend yield (6.54% vs 4.20%).
- American Homes 4 Rent is more profitable, keeping 27.7 cents of every revenue dollar as net income versus 2.5 cents for Healthpeak Properties.
About American Homes 4 Rent
AMH stock →American Homes 4 Rent is a leading large-scale integrated owner, operator and developer of single-family rental homes. We're an internally managed Maryland real estate investment trust (REIT) focused on developing, renovating, leasing and managing homes as rental properties.
Real Estate · Real Estate Investment Trusts · 1,598 employees
About Healthpeak Properties
DOC stock →Healthpeak Properties, Inc. is a fully integrated real estate investment trust (REIT) and S&P 500 company.
Real Estate · Real Estate Investment Trusts · 411 employees
AMH vs DOC FAQ
Which is bigger, American Homes 4 Rent or Healthpeak Properties?
Healthpeak Properties (DOC) is larger, with a market capitalization of $13.23B compared with $12.30B for American Homes 4 Rent (AMH).
Which stock has performed better over the past year, AMH or DOC?
DOC returned -2.51% over the past 12 months, compared with -7.35% for AMH (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, AMH or DOC?
AMH has the lower trailing P/E at 23.8, versus 53.3 for DOC. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, American Homes 4 Rent or Healthpeak Properties?
Healthpeak Properties has the higher yield at 6.54%, compared with 4.20% for American Homes 4 Rent.
Are American Homes 4 Rent and Healthpeak Properties in the same industry?
Yes. Both are classified in the Real Estate Investment Trusts industry within the Real Estate sector.