Mid-America Apartment Communities, Inc.

Mid-America Apartment Communities, Inc.

MAA
Mid-America Apartment Communities, Inc.US flagNew York Stock Exchange
133.49
USD
-0.71
- -
15.54BMarket Cap
Mid-America Apartment Communities, Inc.
MAA
(New York Stock Exchange)

Recent

price

133.49

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
11.93
11.08
11.6
8.49
13.23
13.87
14.34
13.48
13.83
14.41
14.69
15.5
17.51
18.44
18.76
18.89
19.02
Revenue per Share
0.73
1.32
2.56
1.54
1.97
4.42
2.7
2.86
1.93
3.08
2.2
4.62
5.49
4.71
4.49
3.79
3.42
Basic EPS, GAAP
-5.94
-5.49
5.14
3.45
5.14
6.17
6.18
5.83
6.46
6.86
7.22
7.8
9.18
9.76
9.41
9.22
8.66
Free Cash Flow per Basic Share
2.66
2.49
2.63
1.88
2.92
3.09
3.17
3.52
3.73
3.88
4.04
4.13
4.71
5.62
5.91
6.09
6.13
Dividend per Share
15.5
19.19
22.45
41.68
40.62
41.99
58.6
57.94
56.06
55.18
53.37
53.62
53.78
53.98
52.6
49.96
46.85
Book Value per Share
15.39
19.04
22.31
40.95
40.48
41.88
58.23
57.88
56.02
55.15
53.36
53.61
53.78
53.98
52.6
49.96
46.85
Tangible Book Value per Share
32
37
41
75
75
75
79
113
114
114
114
115
115
117
117
117
117
Basic Weighted Avg Shares
380
410
476
635
992
1,043
1,125
1,529
1,571
1,641
1,678
1,778
2,020
2,148
2,191
2,209
2,219
Sales/Revenue/Turnover
23.09
22.48
26.37
24.58
24.61
27.9
28.07
24.51
25.49
26.35
25.48
26.14
31.13
32.06
29.97
28.04
26.88
Operating Margin (%)
107
119
132
190
302
295
323
495
491
498
512
534
544
566
586
623
642
Depreciation Expense
30
49
105
115
148
332
212
328
223
354
255
534
637
553
528
447
403
Net Income, GAAP
- -
2.42
1.29
2.33
1.39
0.47
0.75
0.77
1.13
1
1.25
2.42
- -
0.83
0.96
1
2.14
Effective Tax Rate (%)
7.83
11.91
22.11
18.14
14.91
31.87
18.86
21.48
14.19
21.56
15.19
30.02
31.56
25.73
24.08
20.23
18.17
Profit Margin (%)
-28
-35
-89
-49
-173
-169
-331
-721
-902
-472
-665
-454
-497
-1,006
-792
-1,214
-1,300
Working Capital
1,500
1,650
1,674
3,473
3,513
3,428
4,500
4,092
3,988
4,385
4,391
4,517
4,424
4,073
4,757
4,754
5,028
LT Debt
541
747
950
3,119
3,058
3,166
6,652
6,584
6,382
6,304
6,104
6,184
6,210
6,299
6,148
5,840
5,602
Total Equity
4.51
4.05
4.91
3.3
3.64
4.35
3.42
3.27
3.6
3.95
3.94
4.25
- -
6.26
5.83
5.4
5.2
Return on Invested Capital (%)
4.28
4.57
6.26
4.08
3.96
6.55
3.59
4.13
3.51
4.79
3.84
6.27
- -
6.37
6.18
5.54
5.27
Return on Capital (%)
4.67
7.58
12.4
5.67
4.79
10.68
4.32
4.91
3.38
5.52
4.05
8.63
10.23
8.78
8.42
7.39
7.03
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
676
727
664
LT Borrowings
4,729
4,929
5,028
LT Finance Leases
24
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
117
116
116
Market Capitalization
16,236
14,209
16,171

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
120
112
65
Cash, Cash Equivalents & STI
60
72
52
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
1,335
1,357
1,365
Payables & Accruals
592
629
701
ST Debt
676
727
664
Deferred Revenue
66
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.74%
-0.85%
-5.01%
Free Cash Flow
9.29%
5.82%
-1.83%
Net Income, GAAP
11.29%
19.13%
-15.28%
Sales/Revenue/Turnover
8.2%
5.75%
0.83%
Total Cash Common Dividend
12.81%
9.39%
3.22%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
544
546
551
550
2,191
2025
549
550
554
556
2,209
2026
554
555
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.22
0.87
0.98
1.42
4.49
2025
1.55
0.92
0.84
0.48
3.79
2026
1.06
1.04
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.48
1.48
1.48
1.48
5.91
2025
1.52
1.52
1.52
1.52
6.09
2026
1.54
1.54
- -
- -
- -
Business
Mid-America Apartment Communities, Inc. (MAA) is a publicly traded real estate investment trust (REIT) primarily engaged in the acquisition, development, ownership, and operation of multifamily apartment communities. The company's core business involves managing a portfolio of high-quality residential apartment properties, including luxury and mid-market apartment units, primarily located in the Southeastern, Southwestern, and Mid-Atlantic regions of the United States. Its product offerings include multi-family housing units across approximately 296 communities comprising around 102,000 apartment units as of late 2023. MAA provides apartment rentals with a focus on pet-friendly, upscale living environments and also offers property management and asset management services associated with these residential communities. The company is headquartered in Memphis, Tennessee, and was founded in 1977. Recent major developments include an active expansion strategy through acquisitions and development projects. In 2024, MAA increased investments in interior renovations and repositioning programs for existing apartment units, resulting in substantial rent increases following upgrades. The company also focused on a strong development pipeline with seven projects under construction totaling over 2,300 units, along with plans for additional projects in 2025. This development activity is aimed at delivering average net operating income (NOI) yields at stabilization of 6.3%. Additionally, MAA made strategic land acquisitions adjacent to existing properties, such as a stabilized multifamily complex in the Kansas City area with 318 units, to facilitate future expansion phases. MAA has also implemented property-wide technological upgrades, including Wi-Fi retrofitting across several communities. MAA operates as a self-administered and self-managed entity and is included in the S&P 500 Index. Its geographic footprint concentrates on high-growth U.S. southern regions and select metropolitan areas, serving a broad tenant base spanning individual renters to families seeking quality apartment living. The company continues to emphasize portfolio optimization through renovations, asset growth, strategic acquisitions, and selective development to maintain market leadership in multifamily residential real estate. This focused approach, combined with its scale as one of the largest apartment owners in the U.S., positions Mid-America Apartment Communities as a leading player in the REIT sector catering to multifamily housing demand in prime regional markets.

Company News

APIChatGPT
  • Aurora Investment Managers LLC. Lowers Position in Mid-America Apartment Communities, Inc. $MAA

  • Scholar Rock Reports Second Quarter 2026 Financial Results and Recent Business Highlights

  • Mid-America Apartment Communities, Inc. $MAA Shares Sold by Edgestream Partners L.P.

  • Mid-America Apartment Communities Q2 Earnings Call Highlights

  • Mid-America Apartment Communities, Inc. (MAA) Q2 2026 Earnings Call Transcript

  • Mid-America Apartment Q2 FFO Misses Estimates as Same-Store NOI Falls

  • Mid-America Apartment Communities (MAA) Meets Q2 FFO Estimates

  • MAA REPORTS SECOND QUARTER 2026 RESULTS

  • Entropy Technologies LP Buys New Stake in Mid-America Apartment Communities, Inc. $MAA

  • Bank of Nova Scotia Purchases 20,189 Shares of Mid-America Apartment Communities, Inc. $MAA

  • Mid-America Apartment Communities (MAA) Projected to Post Earnings on Wednesday

  • Buy 4 Barron's Better Bets (Than T-Bills) Out Of 11 'Safer' July DiviDogs

  • 3 Apartment REITs to Buy for Passive Income Before July Ends

  • Mid-America Apartment to Post Q2 Earnings: Is MAA a Must-Have Stock?

  • California Public Employees Retirement System Reduces Stake in Mid-America Apartment Communities, Inc. $MAA

  • Bank of New York Mellon Corp Sells 22,720 Shares of Mid-America Apartment Communities, Inc. $MAA

  • Mid-America Apartment Communities: A Better Supply Cycle Incoming, But I Prefer A Cheaper Entry Point

  • Mid-America Apartment Communities: Solid Balance Sheet, But Overvalued Financial Instruments

  • Scholar Rock Provides Update on Timing of Committee for Medicinal Products for Human Use (CHMP) Opinion for Apitegromab Marketing Authorisation Application (MAA) for Spinal Muscular Atrophy (SMA)

  • Merrill Managed Account Advisors Surpasses $1 Trillion, Celebrates 20 Years of Innovation