Mid-America Apartment Communities, Inc.

Mid-America Apartment Communities, Inc.

123.17
USD
+3.28
(+2.74%)
3.52EPS
40.75P/E
16.19BMarket Cap
Oct 28Next Earn

Total Valuation

USD

As of June 30, 2026, Mid-America Apartment Communities, Inc. carries a market capitalization of 16.19B, placing it among publicly traded companies globally. Its enterprise value stands at 21.98B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap16.19B
Enterprise Value21.98B

Important Dates

Mid-America Apartment Communities, Inc.'s next confirmed earnings release is scheduled for October 28, 2026.

Earnings Date10/28/2026

Share Statistics

As of June 30, 2026, Mid-America Apartment Communities, Inc. has 116.02M shares outstanding.

Shares Outstanding116.02M

Valuation Ratios

As of June 30, 2026, Mid-America Apartment Communities, Inc. trades at a trailing price-to-earnings ratio of 40.75. The price-to-sales ratio is 7.34, and the price-to-book ratio stands at 2.97.

PE Ratio40.75
PS Ratio7.34
PB Ratio2.97
P/TBV Ratio2.97
P/FCF Ratio16.12
P/OCF Ratio16.11

Enterprise Valuation

As of June 30, 2026, Mid-America Apartment Communities, Inc. trades at an EV/EBITDA multiple of 17.75 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 9.91 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 36.84 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Mid-America Apartment Communities, Inc. trades at an EV/FCF ratio of 18.22, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 21.98B versus a market cap of 16.19B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales9.91
EV / EBITDA17.75
EV / EBIT36.84
EV / FCF18.22

Financial Position

As of June 30, 2026, Mid-America Apartment Communities, Inc. maintains a current ratio of 0.05, meaning it holds 0.1x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 101.61, indicating elevated leverage, while an interest coverage ratio of 6.20 demonstrates adequate ability to service its debt obligations.

Current Ratio0.05
Quick Ratio0.04
Debt / Equity101.61
Debt / EBITDA4.60
Interest Coverage6.20

Financial Efficiency

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Over the twelve months ended June 30, 2026, Mid-America Apartment Communities, Inc. posted a return on equity (ROE) of 7.03, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 5.20 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 3.38, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 5.27, useful for judging operating efficiency across full business cycles. The company generates approximately 882,833.38 in revenue per employee across its workforce of 2,513.25, a quick read on workforce productivity versus industry peers.

Return on Equity (ROE)7.03
Return on Assets (ROA)3.38
Return on Invested Capital (ROIC)5.20
Return on Capital Employed (ROCE)5.27
Revenue Per Employee882,833.38
Employee Count2,513.25

Taxes

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Over the twelve months ended June 30, 2026, Mid-America Apartment Communities, Inc. recorded 8.93M in income tax expense. That works out to an effective tax rate of 2.14, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 418.01M, leaving 403.22M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax8.93M
Effective Tax Rate2.14

Stock Price Statistics

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As of the close on October 23, 2026, Mid-America Apartment Communities, Inc.'s stock has declined approximately 7.77% over the past 52 weeks. The 50-day moving average sits at 123.00, while the 200-day moving average is 129.78.

52-Week Price Change-7.77%
50-Day Moving Average123.00
200-Day Moving Average129.78

Income Statement

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Over the twelve months ended June 30, 2026, Mid-America Apartment Communities, Inc. generated 2.22B in revenue and converted that into 403.22M in net income, yielding earnings per share of 3.52. EBITDA reached 1.24B, while operating income came in at 596.50M.

Revenue2.22B
Gross Profit654.74M
Operating Income596.50M
Pretax Income418.01M
Net Income403.22M
EBITDA1.24B
EBIT596.50M
Earnings Per Share (EPS)3.52

Balance Sheet

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As of June 30, 2026, Mid-America Apartment Communities, Inc. holds 51.84M in cash and equivalents against 5.69B in total debt, resulting in a net debt position of 5.64B. Total book value stands at 5.45B, with working capital of -1.30B providing operational flexibility.

Cash & Cash Equivalents51.84M
Total Debt5.69B
Net Debt5.64B
Equity (Book Value)5.45B
Book Value Per Share47.00
Working Capital-1.30B

Cash Flow

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Mid-America Apartment Communities, Inc. produced 1.01B in operating cash flow over the twelve months ended June 30, 2026.

Operating Cash Flow1.01B
Free Cash Flow1.01B
FCF Per Share8.66

Margins

Over the twelve months ended June 30, 2026, Mid-America Apartment Communities, Inc. posted a gross margin of 29.51, reflecting its pricing power and cost economics. The operating margin of 26.88 and net profit margin of 18.17 provide insight into operational efficiency.

Gross Margin29.51
Operating Margin26.88
Pretax Margin18.84
Profit Margin18.17
EBITDA Margin55.80

Dividends & Yields

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Over the twelve months ended June 30, 2026, Mid-America Apartment Communities, Inc. paid dividends of 6.13 per share. The dividend payout ratio of 171.68 exceeds 100%, meaning the company is distributing more than it earns and funding the dividend from cash reserves, asset sales, or borrowing, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 6.20, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 1.77, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Mid-America Apartment Communities, Inc. shareholders.

Dividend Per Share6.13
Payout Ratio171.68
Shareholder Yield1.77
FCF Yield6.20

Scores

As of June 30, 2026, Mid-America Apartment Communities, Inc. has an Altman Z-Score of 1.52, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score1.52