What is Mid-America Apartment Communities, Inc.'s earnings per share (EPS)?

Mid-America Apartment Communities, Inc. (MAA) reported diluted earnings per share of $3.78 for fiscal year 2025. This represents a -15.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Mid-America Apartment Communities, Inc. (MAA) Financials

MAA

Trailing 12 months to March 31, 2026

Revenue $2.2B +0.8% YoY

Net Income $389.6M -31.1% YoY

EPS (Diluted) $3.30 -31.2% YoY

Operating Cash Flow $1.0B -5.8% YoY

Market Cap $13.3B as of Oct 8, 2026

Price / Sales 6.0x on $2.2B revenue, trailing 12 months to March 31, 2026

Price / Earnings 34.0x on $389.6M net income, trailing 12 months to March 31, 2026

Price / Book 2.4x on $5.5B equity, Q1 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 8, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q1 FY2026, ended Mar 31, 2026 Reported Apr 30, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q1 FY2026, filed Apr 30, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the MAA SEC filings page.

Mid-America Apartment Communities, Inc. (MAA) reported $2.2B in revenue over the twelve months to Mar 31, 2026, up 0.8% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI MAA FY2025 2026-10-03

The numbers describe a property business where cash generation holds up better than accounting earnings as leverage rises.

Across FY2021-FY2025, revenue rose 24.2% while net income fell 16.3%, so reported earnings did not track the topline expansion. Operating cash flow rose 20.5% over the same span even as depreciation and amortization increased to $623M in FY2025, indicating noncash real-estate charges are a major reason cash economics look stronger than net income.

FY2025 revenue increased only 0.8%, while net income declined 15.3%; earnings therefore weakened despite a largely unchanged top line. Interest expense reached $185M, up from $157M in FY2021, adding a growing financing drag.

Liabilities rose from $5.10B in FY2021 to $6.14B in FY2025; the balance sheet is becoming more liability-heavy. Debt-to-equity reached 1.1x, while operating cash flow exceeded FY2025 dividends by 1.5x, showing distributions were supported by reported operating cash even as leverage rose.

Financial Health Signals

Financial Health Score 41/100

Scored as: REITs peer group

Scored against REITs for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Mid-America Apartment Communities, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

FFO Margin

FFO Margin measures funds from operations against revenue, and funds from operations is net income with property depreciation added back, since a building written down a little further every year on paper is often worth more rather than less. Mid-America Apartment Communities, Inc. scores 79/100 on it among other REITs.

FFO Growth

FFO Growth follows the three-year path of funds from operations, which is net income with property depreciation added back. Mid-America Apartment Communities, Inc. scores 33/100 on it among other REITs.

Leverage

Not available for Mid-America Apartment Communities, Inc., and counted as zero in the overall score.

Interest Cov.

Not available for Mid-America Apartment Communities, Inc., and counted as zero in the overall score.

AFFO Margin

AFFO Margin takes funds from operations, subtracts the spending a REIT needs just to keep its properties in working order, and measures what is left against revenue. Mid-America Apartment Communities, Inc. scores 81/100 on it among other REITs.

Dividend Cov.

Dividend coverage measures funds from operations against the dividends actually paid, and a figure above 1 means the payout came out of operations. Mid-America Apartment Communities, Inc. scores 55/100 on it among other REITs.

Piotroski F-Score Partial

4/6

Mid-America Apartment Communities, Inc. passes 4 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 3 of 4 profitability signals pass, all 1 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed

2.41x

For every $1 of reported earnings, Mid-America Apartment Communities, Inc. generates $2.41 in operating cash flow ($1.1B OCF vs $446.9M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$553.7M

YoY+0.8%

QoQ-0.3%

5Y CAGR+5.4%

Mid-America Apartment Communities, Inc. generated $553.7M in revenue in Q1 2026. This represents an increase of 0.8% from the same quarter a year earlier. Against the prior quarter it is down 0.3%.

Net Income

$124.4M

YoY-31.5%

QoQ+116.0%

5Y CAGR+21.4%

Mid-America Apartment Communities, Inc. reported $124.4M in net income in Q1 2026. This represents a decrease of 31.5% from the same quarter a year earlier. Against the prior quarter it is up 116.0%.

EPS (Diluted)

$1.06

YoY-31.2%

QoQ+120.8%

5Y CAGR+21.5%

Mid-America Apartment Communities, Inc. earned $1.06 per diluted share (EPS) in Q1 2026. This represents a decrease of 31.2% from the same quarter a year earlier. Against the prior quarter it is up 120.8%.

EBITDA

Not reported for Q1 2026.

Cash & Balance Sheet

Cash & Debt

$71.5M

YoY+28.2%

QoQ+18.7%

5Y CAGR+17.0%

Mid-America Apartment Communities, Inc. held $71.5M in cash as of Q1 2026; long-term debt is not reported for that period.

Shares Outstanding

116M

YoY-0.6%

QoQ-0.4%

5Y CAGR+0.3%

10Y CAGR+11.6%

Mid-America Apartment Communities, Inc. had 116M shares outstanding in Q1 2026. This represents a decrease of 0.6% from the same quarter a year earlier. Against the prior quarter it is down 0.4%.

Free Cash Flow

Not reported for Q1 2026.

Dividends Per Share

Not reported for Q1 2026.

Margins & Returns

Net Margin

22.5%

YoY-10.6pp

QoQ+12.1pp

5Y change+11.4pp

Mid-America Apartment Communities, Inc.'s net profit margin was 22.5% in Q1 2026, showing the share of revenue converted to profit. This is down 10.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 12.1 percentage points.

Return on Equity

2.2%

YoY-0.8pp

QoQ+1.2pp

5Y change+1.4pp

Mid-America Apartment Communities, Inc.'s ROE was 2.2% in Q1 2026, measuring profit generated per dollar of shareholder equity. This is down 0.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.2 percentage points.

Gross Margin

Not reported for Q1 2026.

Operating Margin

Not reported for Q1 2026.

Capital Allocation

Share Buybacks

$72.8M

Mid-America Apartment Communities, Inc. spent $72.8M on share buybacks in Q1 2026, returning capital to shareholders by reducing shares outstanding.

R&D Spending

Not reported for Q1 2026.

Capital Expenditures

Not reported for Q1 2026.

MAA Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

MAA quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1210-K	FY1110-K	FY1010-K	FY0910-K	FY0810-K
Revenue	$2.2B	$2.2B+0.8%	$2.2B+2.0%	$2.1B+6.4%	$2.0B+13.6%	$1.8B+6.0%	$1.7B+2.3%	$1.6B+4.4%	$1.6B+2.8%	$1.5B	$446.5M+15.8%	$385.6M+14.5%	$336.9M-10.0%	$374.4M+1.2%	$370.0M
SG&A Expenses	$55.9M	$54.8M-3.0%	$56.5M-3.5%	$58.6M-0.4%	$58.8M+11.2%	$52.9M+12.9%	$46.9M+6.9%	$43.8M+12.8%	$38.9M-3.3%	$40.2M	$11.5M-20.8%	$14.5M+29.5%	$11.2M-1.2%	$11.3M-4.4%	$11.8M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$115.9M+37.3%	$84.4M+15.5%	$73.1M-20.8%	$92.2M-3.8%	$95.9M
EBITDA	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$236.2M+22.0%	$193.6M+13.8%	$170.1M-10.8%	$190.6M+0.8%	$189.1M
Interest Expense	$191.5M	$185.3M+9.9%	$168.5M+12.9%	$149.2M-3.6%	$154.7M-1.4%	$156.9M-6.4%	$167.6M-6.8%	$179.8M+3.6%	$173.6M+12.2%	$154.8M	$52.2M+2.0%	$51.2M-4.8%	$53.8M-5.6%	$57.0M-8.1%	$62.0M
Income Tax	$9.1M	$4.6M-12.3%	$5.2M+10.5%	$4.7M+176.4%	-$6.2M-145.5%	$13.6M+309.9%	$3.3M-10.0%	$3.7M+41.6%	$2.6M-0.3%	$2.6M	N/A	N/A	N/A	N/A	N/A
Net Income	$389.6M	$446.9M-15.3%	$527.5M-4.6%	$552.8M-13.3%	$637.4M+19.4%	$533.8M+109.4%	$255.0M-27.9%	$353.8M+58.7%	$222.9M-32.1%	$328.4M	$98.7M+112.3%	$46.5M+145.1%	$19.0M-49.0%	$37.2M+23.0%	$30.2M
EPS (Basic)	N/A	$3.79-15.6%	$4.49-4.7%	$4.71-14.2%	$5.49+18.8%	$4.62+110.0%	$2.20-28.3%	$3.07+59.1%	$1.93-32.5%	$2.86	$2.56+93.9%	$1.32+131.6%	$0.57-32.9%	$0.85+32.8%	$0.64
EPS (Diluted)	$3.30	$3.78-15.8%	$4.49-4.7%	$4.71-14.1%	$5.48+18.9%	$4.61+110.5%	$2.19-28.7%	$3.07+59.1%	$1.93-32.5%	$2.86	$2.56+95.4%	$1.31+133.9%	$0.56-34.1%	$0.85+32.8%	$0.64
Diluted Shares (Avg)	N/A	117M+0.3%	117M+0.1%	117M+0.9%	116M+0.5%	115M+0.5%	115M+0.3%	114M+0.2%	114M+0.1%	114M	43M+9.8%	39M+22.2%	32M+12.5%	28M+4.9%	27M

Metric	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'2410-Q
Revenue	$553.7M+0.8%	$555.6M+1.0%	$554.4M+0.6%	$549.9M+0.6%	$549.3M+1.0%	$549.8M+1.4%	$551.1M+1.7%	$546.4M+2.1%
SG&A Expenses	$16.7M+7.0%	$13.8M-1.6%	$12.5M-1.6%	$12.8M+1.1%	$15.6M-8.4%	$14.1M-7.7%	$12.7M-5.9%	$12.7M-8.7%
Interest Expense	$51.4M+13.8%	$48.7M+10.2%	$46.3M+8.3%	$45.1M+9.3%	$45.2M+11.9%	$44.2M+14.5%	$42.7M+16.6%	$41.3M+12.4%
Income Tax	$5.5M+431.9%	$1.2M-32.1%	$1.8M+163.6%	$600K-41.2%	$1.0M-42.2%	$1.8M+52.9%	$670K+420.6%	$1.0M-64.3%
Net Income	$124.4M-31.5%	$57.6M-65.5%	$99.5M-13.6%	$108.1M+6.1%	$181.7M+26.4%	$166.6M+3.8%	$115.2M+4.0%	$102.0M-30.0%
EPS (Basic)	$1.06-31.6%	$0.49-65.5%	$0.84-14.3%	$0.92+7.0%	$1.55+27.0%	$1.42+3.6%	$0.98+4.3%	$0.86-30.6%
EPS (Diluted)	$1.06-31.2%	$0.48-66.2%	$0.84-14.3%	$0.92+7.0%	$1.54+26.2%	$1.42+3.6%	$0.98+4.3%	$0.86-30.6%
Diluted Shares (Avg)	117M-0.3%	N/A	117M+0.3%	117M+0.3%	117M+0.3%	N/A	117M+0.1%	117M0.0%

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA.

MAA Balance Sheet

MAA quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1210-K	FY1110-K	FY1010-K	FY0910-K	FY0810-K
Total Assets	$12.0B+1.4%	$11.8B+2.9%	$11.5B+2.2%	$11.2B-0.4%	$11.3B+0.8%	$11.2B-0.3%	$11.2B-0.8%	$11.3B	N/A	$2.8B+18.5%	$2.3B+6.7%	$2.2B+9.5%	$2.0B	N/A
Cash & Equivalents	$60.3M+40.1%	$43.0M+4.1%	$41.3M+6.9%	$38.7M-28.8%	$54.3M+115.5%	$25.2M+23.1%	$20.5M-40.2%	$34.3M+218.7%	$10.8M	$9.1M-84.2%	$57.3M+25.2%	$45.8M+235.0%	$13.7M+45.0%	$9.4M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$4.1M0.0%	$4.1M0.0%	$4.1M0.0%	$4.1M	N/A
Total Liabilities	$6.1B+8.3%	$5.7B+9.2%	$5.2B+3.1%	$5.0B-1.4%	$5.1B+0.2%	$5.1B+3.3%	$4.9B-0.3%	$4.9B	N/A	$1.8B+1.5%	$1.8B+8.8%	$1.6B+6.6%	$1.5B	N/A
Total Equity	$5.7B-4.7%	$5.9B-2.5%	$6.1B+1.5%	$6.0B+0.7%	$6.0B+1.6%	$5.9B-3.2%	$6.1B-1.3%	$6.1B-6.5%	$6.6B	$914.1M+27.2%	$718.3M+38.5%	$518.5M+20.4%	$430.6M-2.7%	$442.6M

Metric	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'2410-Q
Total Assets	$12.0B+1.5%	$12.0B+1.4%	$11.9B+1.4%	$11.8B+2.4%	$11.8B+3.0%	$11.8B+2.9%	$11.8B+3.3%	$11.6B+1.5%
Cash & Equivalents	$71.5M+28.2%	$60.3M+40.1%	$32.2M-35.8%	$54.5M-13.3%	$55.8M+2.2%	$43.0M+4.1%	$50.2M-69.0%	$62.8M-58.2%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Total Liabilities	$6.3B+11.2%	$6.1B+8.3%	$5.9B+5.5%	$5.7B+7.2%	$5.7B+8.9%	$5.7B+9.2%	$5.6B+10.7%	$5.4B+6.7%
Total Equity	$5.5B-6.9%	$5.7B-4.7%	$5.8B-2.2%	$5.9B-1.9%	$5.9B-2.0%	$5.9B-2.5%	$5.9B-2.7%	$6.0B-2.6%

Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Goodwill, Current Liabilities, Non-Current Liabilities, Long-Term Debt, Retained Earnings.

MAA Cash Flow Statement

MAA quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1210-K	FY1110-K	FY1010-K	FY0910-K	FY0810-K
Operating Cash Flow	$1.0B	$1.1B-1.8%	$1.1B-3.4%	$1.1B+7.4%	$1.1B+18.3%	$895.0M+8.6%	$823.9M+5.4%	$781.4M+6.4%	$734.3M+11.1%	$660.8M	$191.8M+26.1%	$152.1M+30.1%	$116.9M-16.6%	$140.3M+0.4%	$139.8M
Depreciation & Amortization	N/A	$623.0M+6.2%	$586.4M+3.6%	$565.9M+4.0%	$544.0M+1.8%	$534.4M+4.4%	$511.7M+2.8%	$497.8M+1.4%	$491.0M-0.7%	$494.5M	$120.3M+10.2%	$109.2M+12.5%	$97.1M-1.3%	$98.4M+5.6%	$93.2M
Stock-Based Compensation	N/A	$16.8M+6.7%	$15.8M+0.6%	$15.7M-16.5%	$18.8M+12.8%	$16.7M+16.3%	$14.3M+4.9%	$13.7M+9.7%	$12.4M+17.7%	$10.6M	$2.0M-44.6%	$3.6M+9.7%	$3.3M+147.7%	$1.3M	N/A
Investing Cash Flow	-$751.4M	-$690.2M+16.4%	-$825.5M-6.5%	-$775.3M-91.3%	-$405.2M-59.8%	-$253.6M+47.7%	-$484.7M-103.4%	-$238.3M+35.0%	-$366.4M-24.5%	-$294.2M	-$303.3M+22.8%	-$392.9M-55.4%	-$252.8M-64.2%	-$154.0M+37.1%	-$244.9M
Financing Cash Flow	-$264.4M	-$370.7M-36.7%	-$271.1M+26.3%	-$367.9M+49.1%	-$722.8M-32.3%	-$546.4M-46.0%	-$374.1M+28.6%	-$524.3M-29.4%	-$405.1M-1.4%	-$399.5M	$63.2M-74.9%	$252.2M+50.1%	$168.0M+829.7%	$18.1M-81.4%	$97.3M
Dividends Paid	$710.8M	$709.0M+3.2%	$686.9M+5.4%	$651.7M+20.8%	$539.6M+14.7%	$470.4M+2.9%	$457.4M+4.5%	$437.7M+4.3%	$419.8M+6.2%	$395.3M	$107.7M+17.1%	$92.0M+19.3%	$77.1M+11.0%	$69.5M+5.6%	$65.8M
Share Buybacks	N/A	$27.2M	$0	$0	N/A	N/A	N/A	N/A	N/A	N/A	$2.0M-21.9%	$2.5M+116.9%	$1.2M+21.9%	$964K+42.0%	$679K

Metric	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'2410-Q
Operating Cash Flow	$149.6M-23.9%	$261.7M+9.4%	$266.4M-13.9%	$353.4M+1.2%	$196.6M-1.8%	$239.1M-9.7%	$309.5M-2.7%	$349.4M+4.0%
Depreciation & Amortization	$162.0M+6.2%	$159.9M+5.9%	$156.7M+6.8%	$153.5M+5.9%	$152.5M+6.5%	$151.1M+7.1%	$146.7M0.0%	$145.0M+4.4%
Stock-Based Compensation	$5.8M+10.7%	N/A	N/A	N/A	$5.3M-10.4%	N/A	N/A	N/A
Investing Cash Flow	-$122.6M-99.6%	-$197.5M-13.6%	-$254.4M+20.9%	-$176.9M+25.3%	-$61.4M+34.0%	-$173.9M+49.8%	-$321.8M-137.1%	-$236.8M-53.3%
Financing Cash Flow	-$16.2M+86.8%	-$36.1M+50.2%	-$34.2M-15682.9%	-$177.9M-70.8%	-$122.5M-30.0%	-$72.5M-88.6%	-$217K+99.9%	-$104.1M+40.0%
Dividends Paid	$178.9M+1.0%	$177.4M+3.2%	$177.4M+3.2%	$177.2M+3.2%	$177.1M+3.2%	$171.8M+5.2%	$171.8M+5.2%	$171.7M+5.1%
Share Buybacks	$72.8M	N/A	N/A	N/A	$0	N/A	N/A	N/A

Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow.

MAA Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

MAA quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1210-K	FY1110-K	FY1010-K	FY0910-K	FY0810-K
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	25.9%+4.1pp	21.9%+0.2pp	21.7%-2.9pp	24.6%-1.3pp	25.9%
Net Margin	20.2%-3.8pp	24.1%-1.6pp	25.7%-5.8pp	31.6%+1.5pp	30.0%+14.8pp	15.2%-6.4pp	21.6%+7.4pp	14.2%-7.3pp	21.5%	22.1%+10.0pp	12.1%+6.4pp	5.6%-4.3pp	9.9%+1.8pp	8.2%
Return on Equity	7.9%-1.0pp	8.9%-0.2pp	9.1%-1.5pp	10.6%+1.7pp	8.9%+4.6pp	4.3%-1.5pp	5.8%+2.2pp	3.6%-1.4pp	5.0%	10.8%+4.3pp	6.5%+2.8pp	3.7%-5.0pp	8.6%+1.8pp	6.8%
Return on Assets	3.7%-0.7pp	4.5%-0.3pp	4.8%-0.9pp	5.7%+0.9pp	4.7%+2.5pp	2.3%-0.9pp	3.1%+1.2pp	2.0%	N/A	3.6%+1.6pp	2.0%+1.1pp	0.9%-1.0pp	1.9%	N/A
Debt-to-Equity	1.08+0.1x	0.95+0.1x	0.850.0x	0.840.0x	0.860.0x	0.87+0.1x	0.810.0x	0.80	N/A	1.97-0.5x	2.47-0.7x	3.15-0.4x	3.56	N/A
Asset Turnover	0.180.0x	0.190.0x	0.190.0x	0.180.0x	0.160.0x	0.150.0x	0.150.0x	0.14	N/A	0.160.0x	0.170.0x	0.150.0x	0.19	N/A

Metric	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'2410-Q
Net Margin	22.5%-10.6pp	10.4%-19.9pp	18.0%-2.9pp	19.7%+1.0pp	33.1%+6.6pp	30.3%+0.7pp	20.9%+0.5pp	18.7%-8.6pp
Return on Equity	2.2%-0.8pp	1.0%-1.8pp	1.7%-0.2pp	1.8%+0.1pp	3.0%+0.7pp	2.8%+0.2pp	1.9%+0.1pp	1.7%-0.7pp
Return on Assets	1.0%-0.5pp	0.5%-0.9pp	0.8%-0.1pp	0.9%0.0pp	1.5%+0.3pp	1.4%0.0pp	1.0%0.0pp	0.9%-0.4pp
Debt-to-Equity	1.13+0.2x	1.08+0.1x	1.02+0.1x	0.98+0.1x	0.95+0.1x	0.95+0.1x	0.94+0.1x	0.89+0.1x
Asset Turnover	0.050.0x	0.050.0x	0.050.0x	0.050.0x	0.050.0x	0.050.0x	0.050.0x	0.050.0x

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio, FCF Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Mid-America Apartment Communities, Inc. MAA	FY2025	$2.2B	$446.9M	20.2%	$13.3B	41/100
Essex Property Trust, Inc ESS	FY2025	$1.9B	$702.8M	37.2%	$17.5B	57/100
Invitation Homes Inc. INVH	FY2025	$2.7B	$587.9M	21.5%	$15.6B	40/100
Sun Communities, Inc SUI	FY2025	$2.3B	$1.4B	61.3%	$13.7B	42/100
AMERICAN HOMES 4 RENT AMH	FY2025	N/A	$513.4M	N/A	$11.0B	—
UDR, Inc. UDR	FY2025	$1.7B	$377.7M	22.1%	$10.9B	68/100

Where Mid-America Apartment Communities, Inc. Ranks

Frequently Asked Questions

What is Mid-America Apartment Communities, Inc.'s annual revenue?

Mid-America Apartment Communities, Inc. (MAA) reported $2.2B in total revenue for fiscal year 2025. This represents a 0.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Mid-America Apartment Communities, Inc.'s revenue growing?

Mid-America Apartment Communities, Inc. (MAA) revenue grew by 0.8% year-over-year, from $2.2B to $2.2B in fiscal year 2025.

Is Mid-America Apartment Communities, Inc. profitable?

Yes, Mid-America Apartment Communities, Inc. (MAA) reported a net income of $446.9M in fiscal year 2025, with a net profit margin of 20.2%.

What is Mid-America Apartment Communities, Inc.'s net profit margin?

Mid-America Apartment Communities, Inc. (MAA) had a net profit margin of 20.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Mid-America Apartment Communities, Inc. pay dividends?

Yes, Mid-America Apartment Communities, Inc. (MAA) paid $6.08 per share in dividends during fiscal year 2025.

What is Mid-America Apartment Communities, Inc.'s return on equity (ROE)?

Mid-America Apartment Communities, Inc. (MAA) has a return on equity of 7.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Mid-America Apartment Communities, Inc.'s operating cash flow?

Mid-America Apartment Communities, Inc. (MAA) generated $1.1B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Mid-America Apartment Communities, Inc.'s total assets?

Mid-America Apartment Communities, Inc. (MAA) had $12.0B in total assets as of fiscal year 2025, including both current and long-term assets.

Does Mid-America Apartment Communities, Inc. buy back shares?

Yes, Mid-America Apartment Communities, Inc. (MAA) spent $27.2M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Mid-America Apartment Communities, Inc. have outstanding?

Mid-America Apartment Communities, Inc. (MAA) had 117M shares outstanding as of fiscal year 2025.

What is Mid-America Apartment Communities, Inc.'s debt-to-equity ratio?

Mid-America Apartment Communities, Inc. (MAA) had a debt-to-equity ratio of 1.08 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Mid-America Apartment Communities, Inc.'s return on assets (ROA)?

Mid-America Apartment Communities, Inc. (MAA) had a return on assets of 3.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Mid-America Apartment Communities, Inc.'s P/E ratio?

Mid-America Apartment Communities, Inc. (MAA) trades at 34.0x earnings, its market capitalization divided by net income of $389.6M net income, trailing 12 months to March 31, 2026. The market capitalization is $13.3B as of Oct 8, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Mid-America Apartment Communities, Inc.'s price-to-sales ratio?

Mid-America Apartment Communities, Inc. (MAA) trades at 6.0x sales, its market capitalization divided by revenue of $2.2B revenue, trailing 12 months to March 31, 2026. The market capitalization is $13.3B as of Oct 8, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Mid-America Apartment Communities, Inc.'s Piotroski F-Score?

Mid-America Apartment Communities, Inc. (MAA) has a Piotroski F-Score of 4 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Mid-America Apartment Communities, Inc.'s earnings high quality?

Mid-America Apartment Communities, Inc. (MAA) has an earnings quality ratio of 2.41x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Mid-America Apartment Communities, Inc.?

Mid-America Apartment Communities, Inc. (MAA) scores 41 out of 100 on our Financial Health Score, indicating moderate standing within its REITs peer group. The score is a 0-100 composite of six dimensions (FFO Margin, FFO Growth, Leverage, Interest Cov., AFFO Margin, Dividend Cov.), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.