Mid-America Apartment Communities, Inc. (MAA)
NYSE: MAA · Real-Time Price · USD
133.63
-0.93 (-0.69%)
Aug 6, 2026, 4:00 PM EDT - Market closed

MAA Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
2,2192,2092,1912,1482,0201,778
Revenue Growth
0.85%0.83%1.98%6.37%13.60%5.96%
Gross Profit
1,3731,3711,3711,3801,2961,107
Operating Income
596.5619.44656.75688.9628.88464.87
Net Income
403.22446.91527.54552.81637.44533.79
Earnings Per Share
3.423.784.494.715.484.61
EPS Growth
-29.63%-15.81%-4.67%-14.05%18.87%110.50%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Total Same Store
2,0742,0772,0802,0751,9071,695
Total Non-Same Store & Other
144.98131.96110.9973.37112.8682.85
Revenue (Total)
2,2192,2092,1912,1482,0201,778

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
51.8460.2643.0241.3138.6654.3
Total Debt
5,6925,4054,9814,5404,4154,517
Net Cash (Debt)
-5,640-5,345-4,938-4,499-4,376-4,462
Net Cash Growth
------
Net Cash Per Share
-48.29-45.63-42.29-38.57-37.86-38.79

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
1,0111,0781,0981,1371,058894.97
Capital Expenditures
-804.52-765.72-937.33-762.83-739.73-557.31
Free Cash Flow
206.14312.46160.96374.36318.75337.66
Free Cash Flow Growth
8.19%94.12%-57.00%17.45%-5.60%-0.70%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
61.87%62.08%62.57%64.25%64.17%62.25%
Operating Margin
26.88%28.04%29.97%32.06%31.13%26.14%
Pretax Margin
18.84%20.78%24.87%26.57%32.03%31.67%
Profit Margin
18.51%20.67%24.72%26.43%32.42%30.97%
FCF Margin
9.29%14.14%7.35%17.42%15.78%18.99%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
6.1206.0605.8805.6004.6804.100
Dividend Per Share Growth
1.50%3.06%5.00%19.66%14.15%2.50%
Dividend Yield
4.58%4.36%3.81%4.16%2.98%1.78%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
39.0636.7534.4328.5528.6549.77
P/FCF Ratio
-51.96112.2441.9156.8878.37
PS Ratio
7.167.358.257.308.9814.88