Mid-America Apartment Communities, Inc. (MAA)
NYSE: MAA · Real-Time Price · USD
128.25
+2.54 (2.02%)
At close: May 18, 2026, 4:00 PM EDT
128.25
0.00 (0.00%)
After-hours: May 18, 2026, 7:00 PM EDT

MAA Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Property Revenue
2,2142,2092,1912,1482,0201,778
2,2142,2092,1912,1482,0201,778
Revenue Growth (YoY)
0.77%0.83%1.98%6.37%13.60%5.97%
Property Expenses
521.52518.86502.74461.54435.11404.29
Total Property Expenses
521.52518.86502.74461.54435.11404.29
Property Taxes
320.51318.95317.36306.6288.59266.88
Gross Profit
1,3721,3711,3711,3801,2961,107
Selling, General & Admin
132.57129.59128.56126.36124.3108.62
Depreciation & Amortization Expenses
631.82622.3585.62565.06543533.43
Operating Income
607.15619.44656.75688.9628.88464.87
Net Gains on Disposal of Properties
20.3272.0755-0.01215.57221.24
Interest Expense
-191.51-185.26-168.54-149.23-154.75-156.88
Other Non-Operating Income (Expense)
-41.43-47.161.6631.19-42.7133.9
Total Non-Operating Income (Expense)
-212.62-160.35-111.89-118.0618.1198.26
Pretax Income
403.97459.09544.87570.85646.99563.13
Provision for Income Taxes
9.084.65.244.74-6.2113.64
Net Income
389.6446.91527.54552.81637.44533.79
Minority Interest in Earnings
9.0511.7315.9816.7618.9218.12
Net Income Attributable to Preferred Dividends
0.92-----
Net Income to Common
389.6446.91527.54552.81637.44533.79
Net Income Growth
-31.10%-15.29%-4.57%-13.28%19.42%109.36%
Shares Outstanding (Basic)
117117117117115115
Shares Outstanding (Diluted)
117117117117116115
Shares Change (YoY)
-0.17%0.32%0.11%0.92%0.47%0.47%
EPS (Basic)
3.303.794.494.715.494.62
EPS (Diluted)
3.303.784.494.715.484.61
EPS Growth
-31.25%-15.81%-4.67%-14.05%18.87%110.50%
Shares Outstanding
116.35116.88116.88116.69115.48115.34
Free Cash Flow
241.74312.46160.96374.36318.75337.66
Free Cash Flow Growth
-22.63%94.12%-57.00%17.45%-5.60%-0.70%
Free Cash Flow Per Share
2.062.671.383.212.762.94
Dividends Per Share
6.0756.0605.8805.6004.6804.100
Dividend Growth
0.25%3.06%5.00%19.66%14.15%2.50%
Gross Margin
61.96%62.08%62.57%64.25%64.17%62.25%
Operating Margin
27.43%28.04%29.97%32.06%31.13%26.14%
Profit Margin
17.92%20.67%24.72%26.43%32.42%30.97%
FCF Margin
10.92%14.14%7.35%17.42%15.78%18.99%
EBITDA
1,2401,2421,2431,2551,173999.28
EBITDA Margin
56.00%56.24%56.74%58.40%58.07%56.20%
EBIT
607.15619.44656.75688.9628.88464.87
EBIT Margin
27.43%28.04%29.97%32.06%31.13%26.14%
Effective Tax Rate
2.25%1.00%0.96%0.83%-0.96%2.42%
Updated Apr 30, 2026. Data Source: Fiscal.ai. Real Estate template. Financial Sources.
SEC Filings: 10-K · 10-Q