Mid-America Apartment Communities, Inc.

Mid-America Apartment Communities, Inc.

MAA
Mid-America Apartment Communities, Inc.US flagNew York Stock Exchange
116.63
USD
+0.36
- -
13.53BMarket Cap
Mid-America Apartment Communities, Inc.
MAA
(New York Stock Exchange)

Recent

price

116.63

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
12.54
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
2.27
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
5.1
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
2.78
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
14.87
18.54
21.71
39.45
38.48
39.79
56.5
55.88
54.1
53.24
51.47
51.98
52.18
52.39
51.03
48.63
47
Book Value per Share
14.75
18.39
21.58
38.72
38.34
39.69
56.13
55.82
54.07
53.22
51.46
51.97
52.18
52.39
51.03
48.63
47
Tangible Book Value per Share
32
37
41
51
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 (%)
4.89
7.87
12.82
5.96
5.06
11.27
4.5
5.09
3.5
5.72
4.2
8.92
10.54
9.05
8.67
7.61
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
16,119

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

  • Mid-America Apartment Communities, Inc. $MAA Stock Sold by Perpetual Ltd

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  • MAA Announces Date of Third Quarter 2026 Earnings Release, Conference Call

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  • Ultragenyx Announces Marketing Authorisation Application (MAA) Submission to the European Medicines Agency (EMA) for the First Investigational Gene Therapy for MPS IIIA (Sanfilippo Syndrome Type A)

  • 2 Top Dividend Powerhouses To Buy On The Dip For Retirees

  • Buy 5 Barron's Better Bets (Than T-Bills) Out Of 11 'Safer' September DiviDogs

  • My Biggest Bet: 3 Dividend Investments Boosted By 2 Major Macro Tailwinds

  • The More These Dividend Machines Drop, The More I Buy

  • REITs Were Sold As Set-And-Forget Income, That Era May Be Over

  • MAA Announces Quarterly Common Dividend

  • The 3 Most Dangerous Investing Mistakes I Keep Seeing

  • A $100,000 Retirement Dividend Snowball In A Rising-Rate World

  • Mid-America Apartment Communities, Inc. (MAA) Presents at BofA NY Global Real Estate Conference 2026 Transcript

  • MAA to Participate in the BofA Securities 2026 Global Real Estate Conference

  • Allworth Financial LP Grows Holdings in Mid-America Apartment Communities, Inc. $MAA

  • Amundi Grows Position in Mid-America Apartment Communities, Inc. $MAA

  • HB Wealth Management LLC Purchases 5,469 Shares of Mid-America Apartment Communities, Inc. $MAA

  • Hsbc Holdings PLC Purchases 87,523 Shares of Mid-America Apartment Communities, Inc. $MAA