Mid-America Apartment Communities, Inc. (MAA)

NYSE: MAA · Real-Time Price · USD

130.00

-1.50 (-1.14%)

Aug 27, 2026, 10:43 AM EDT - Market open

MAA Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	2,219	2,209	2,191	2,148	2,020	1,778
Revenue Growth	0.85%	0.83%	1.98%	6.37%	13.60%	5.96%
Net Income	399.29	442.98	523.78	548.89	633.31	529.56
Earnings Per Share	3.42	3.78	4.49	4.71	5.48	4.61
EPS Growth	-29.52%	-15.65%	-4.72%	-14.14%	18.99%	109.98%

Revenue by Segment

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Total Same Store	2,074	2,077	2,080	2,075	1,907	1,695
Total Non-Same Store & Other	144.98	131.96	110.99	73.37	112.86	82.85
Revenue (Total)	2,219	2,209	2,191	2,148	2,020	1,778

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	51.84	60.26	43.02	41.31	38.66	54.3
Total Debt	5,715	5,430	5,007	4,568	4,444	4,547
Net Cash (Debt)	-5,663	-5,369	-4,964	-4,526	-4,405	-4,493
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-48.49	-45.83	-42.51	-38.80	-38.11	-39.05

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	1,011	1,078	1,098	1,137	1,058	894.97
Free Cash Flow	1,011	1,078	1,098	1,137	1,058	894.97
Free Cash Flow Growth	-8.02%	-1.83%	-3.42%	7.44%	18.27%	8.62%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Margin	26.88%	28.04%	29.98%	32.06%	31.14%	26.14%
Pretax Margin	18.91%	20.88%	24.96%	26.65%	32.11%	31.74%
Profit Margin	18.00%	20.05%	23.91%	25.55%	31.35%	29.78%

Dividends

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 27, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	6.120	6.060	5.880	5.600	4.680	4.100
Dividend Per Share Growth	1.50%	3.06%	5.00%	19.66%	14.15%	2.50%
Dividend Yield	4.70%	4.52%	4.11%	4.69%	3.48%	2.15%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 27, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	38.44	36.71	34.49	28.58	28.63	49.89
PS Ratio	7.05	7.36	8.25	7.30	8.98	14.86