American Homes 4 Rent (AMH) vs Equity Lifestyle Properties (ELS)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Equity Lifestyle Properties (ELS) has outperformed American Homes 4 Rent (AMH) over the past year, losing 6.5% versus a loss of 7.4%. Over five years, AMH leads with a -23.3% price change compared with -30.6% for ELS. American Homes 4 Rent is the larger company by market cap ($12.38 billion vs $11.59 billion), about 1.1 times the size.
On valuation, Equity Lifestyle Properties trades at a lower forward P/E (26.5x vs 44.6x for American Homes 4 Rent). American Homes 4 Rent offers the higher dividend yield (4.17% vs 3.66%). American Homes 4 Rent converts more of its revenue into profit, with a net margin of 27.7% versus 26.3%.
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 | ELS |
|---|---|---|
| Share price | $30.19 | $57.81 |
| Market cap | $12.38B | $11.59B |
| 1-day change | +0.63% | -0.30% |
| YTD return | -6.54% | -4.34% |
| 1-year return | -7.35% | -6.53% |
| 5-year return | -23.27% | -30.62% |
| P/E ratio (TTM) | 23.96 | 27.93 |
| Forward P/E | 44.64 | 26.48 |
| EPS (TTM) | $1.26 | $2.07 |
| Dividend yield | 4.17% | 3.66% |
| Annual dividend | $1.26 | $2.12 |
| Revenue (latest FY) | $1.85B | $1.53B |
| Revenue growth (YoY) | +7.03% | +0.34% |
| Net income (latest FY) | $513.39M | $402.06M |
| Operating margin | — | 25.56% |
| Net margin | 27.75% | 26.25% |
| 52-week high | $35.07 | $69.00 |
| 52-week low | $27.22 | $57.46 |
| Distance from 52-week high | -13.92% | -16.22% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +22.92% | +20.37% |
| Average volume | 2.48M | 1.58M |
| Shares outstanding | 359.18M | 194.06M |
| Employees | 1,598 | 3,700 |
| 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
- American Homes 4 Rent grew revenue faster in its latest fiscal year (+7.03% vs +0.34%).
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 Equity Lifestyle Properties
ELS stock →Equity LifeStyle Properties, Inc. is a self-administered, self-managed real estate investment trust.
Real Estate · Real Estate Investment Trusts · 3,700 employees
AMH vs ELS FAQ
Which is bigger, American Homes 4 Rent or Equity Lifestyle Properties?
American Homes 4 Rent (AMH) is larger, with a market capitalization of $12.38B compared with $11.59B for Equity Lifestyle Properties (ELS).
Which stock has performed better over the past year, AMH or ELS?
ELS returned -6.53% 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 ELS?
AMH has the lower trailing P/E at 24.0, versus 27.9 for ELS. 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 Equity Lifestyle Properties?
American Homes 4 Rent has the higher yield at 4.17%, compared with 3.66% for Equity Lifestyle Properties.
Are American Homes 4 Rent and Equity Lifestyle Properties in the same industry?
Yes. Both are classified in the Real Estate Investment Trusts industry within the Real Estate sector.