Mid-America Apartment Communities, Inc.

Mid-America Apartment Communities, Inc.

MAA
Mid-America Apartment Communities, Inc.US flagNew York Stock Exchange
137.46
USD
-1.48
- -
16.00BMarket Cap
Mid-America Apartment Communities, Inc.
MAA
(New York Stock Exchange)

Recent

price

137.46

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
18.94
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
3.3
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
8.82
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
6.11
Dividend per Share
-18.04
-16.69
-14.58
-8.66
-9.63
-8.32
-8.87
-6.82
-8.61
-9.4
-11.19
-10.67
-10.12
-10.97
-12.38
-14.65
-15.12
Book Value per Share
16.84
20.05
23.01
40.95
40.64
42.01
84.2
58
56.12
55.34
53.44
53.9
53.84
54.06
52.64
49.93
48.83
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
2,214
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
27.43
Operating Margin (%)
107
119
132
190
302
295
323
495
491
498
512
534
544
566
586
623
632
Depreciation Expense
30
49
105
115
148
332
212
328
223
354
255
534
637
553
528
447
390
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
2.25
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
17.6
Profit Margin (%)
-28
-35
-89
-49
-173
-169
-331
-721
-902
-472
-665
-454
-497
-1,006
-792
-1,214
-1,245
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
4,929
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
5,708
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
5.26
Return on Invested Capital (%)
9.18
10.36
14.81
9.6
9.23
15.21
9.18
11.71
10.62
14.97
12.34
20.37
- -
20.89
19.87
17.06
14.56
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
463
676
727
LT Borrowings
4,734
4,729
4,929
LT Finance Leases
- -
24
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
117
117
116
Market Capitalization
16,336
16,246
14,276

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
46
120
112
Cash, Cash Equivalents & STI
32
60
72
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
1,178
1,335
1,357
Payables & Accruals
715
592
629
ST Debt
463
676
727
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
- -
- -
- -
- -

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
- -
- -
- -
- -

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
- -
- -
- -
- -
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

MCPAPIChat
  • Mid-America Apartment Communities, Inc. (MAA) Presents at Nareit REITweek: 2026 Investor Conference Transcript

  • MAA to Present at the Nareit REITweek: 2026 Investor Conference

  • MAA Announces Regular Quarterly Preferred Dividend

  • Why Is Mid-America Apartment Communities (MAA) Up 1.3% Since Last Earnings Report?

  • Mid-America Apartment: Sunbelt Recovery Creates A Compelling Entry Point

  • MAA Announces Quarterly Common Dividend

  • Mid-America Apartment Communities: Valuation And Recent Weakness Necessitates Caution

  • REITs Excel, Earnings Swell, Fed Rebels

  • Mid-America Apartment Communities, Inc. (MAA) Q1 2026 Earnings Call Transcript

  • MAA Q1 FFO Tops Estimates, Revenues Dip, Occupancy Declines

  • Mid-America Apartment Communities (MAA) Beats Q1 FFO Estimates

  • MAA REPORTS FIRST QUARTER 2026 RESULTS

  • What's in Store for Mid-America Apartment Stock in Q1 Earnings?

  • B&I Capital AG Acquires 5,500 Shares of Mid-America Apartment Communities, Inc. $MAA

  • Massachusetts Financial Services Co. MA Reduces Stock Position in Mid-America Apartment Communities, Inc. $MAA

  • The Only Dividend Strategy I'd Trust In A 3.5% Fed Funds World

  • Mid-America Apartment: You Have To Love It Here

  • 2 Of The Most Undervalued Real Assets For The Coming Macro Shift

  • Savara Announces the U.K. Medicines and Healthcare Products Regulatory Agency (MHRA) Has Accepted the MOLBREEVI* Marketing Authorisation Application (MAA) for Autoimmune Pulmonary Alveolar Proteinosis (Autoimmune PAP)

  • Mid-America Apartment Communities (NYSE:MAA) EVP Aubrey Clay Holder Sells 145 Shares of Stock