Mid-America Apartment Communities, Inc. (MAA)
NYSE: MAA · Real-Time Price · USD
135.64
+2.18 (1.63%)
At close: Jul 28, 2026, 4:00 PM EDT
135.64
0.00 (0.00%)
After-hours: Jul 28, 2026, 4:20 PM EDT
MAA Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 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 |
Property Revenue | 2,214 | 2,209 | 2,191 | 2,148 | 2,020 | 1,778 |
| 2,214 | 2,209 | 2,191 | 2,148 | 2,020 | 1,778 | |
Revenue Growth | 0.77% | 0.83% | 1.98% | 6.37% | 13.60% | 5.96% |
Property Expenses | 521.52 | 518.86 | 502.74 | 461.54 | 435.11 | 404.29 |
Total Property Expenses | 521.52 | 518.86 | 502.74 | 461.54 | 435.11 | 404.29 |
Property Taxes | 320.51 | 318.95 | 317.36 | 306.6 | 288.59 | 266.88 |
Gross Profit | 1,372 | 1,371 | 1,371 | 1,380 | 1,296 | 1,107 |
Selling, General & Admin | 132.57 | 129.59 | 128.56 | 126.36 | 124.3 | 108.62 |
Depreciation & Amortization Expenses | 631.82 | 622.3 | 585.62 | 565.06 | 543 | 533.43 |
Operating Income | 607.15 | 619.44 | 656.75 | 688.9 | 628.88 | 464.87 |
Net Gains on Disposal of Properties | 20.32 | 72.07 | 55 | -0.01 | 215.57 | 221.24 |
Interest Expense | -191.51 | -185.26 | -168.54 | -149.23 | -154.75 | -156.88 |
Other Non-Operating Income (Expense) | -4.72 | -47.16 | 1.66 | 31.19 | -42.71 | 33.9 |
Total Non-Operating Income (Expense) | -175.91 | -160.35 | -111.89 | -118.06 | 18.11 | 98.26 |
Pretax Income | 403.97 | 459.09 | 544.87 | 570.85 | 646.99 | 563.13 |
Provision for Income Taxes | 9.08 | 4.6 | 5.24 | 4.74 | -6.21 | 13.64 |
Net Income | 396.77 | 456.57 | 541.58 | 567.83 | 654.78 | 550.7 |
Minority Interest in Earnings | 9.05 | 11.73 | 15.98 | 16.76 | 18.92 | 18.12 |
Net Income Attributable to Preferred Dividends | 0.92 | - | - | - | - | - |
Net Income to Common | 389.6 | 446.91 | 527.54 | 552.81 | 637.44 | 533.79 |
Net Income Growth | -31.10% | -15.29% | -4.57% | -13.28% | 19.42% | 109.36% |
Shares Outstanding (Basic) | 118 | 117 | 117 | 117 | 115 | 115 |
Shares Outstanding (Diluted) | 118 | 117 | 117 | 117 | 116 | 115 |
Shares Change | 0.21% | 0.32% | 0.11% | 0.92% | 0.47% | 0.47% |
EPS (Basic) | 3.30 | 3.79 | 4.49 | 4.71 | 5.49 | 4.62 |
EPS (Diluted) | 3.30 | 3.78 | 4.49 | 4.71 | 5.48 | 4.61 |
EPS Growth | -31.25% | -15.81% | -4.67% | -14.05% | 18.87% | 110.50% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 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 |
Free Cash Flow | 241.74 | 312.46 | 160.96 | 374.36 | 318.75 | 337.66 |
Free Cash Flow Growth | 108.22% | 94.12% | -57.00% | 17.45% | -5.60% | -0.70% |
Free Cash Flow Per Share | 2.05 | 2.67 | 1.38 | 3.21 | 2.76 | 2.94 |
Dividends Per Share | 6.075 | 6.060 | 5.880 | 5.600 | 4.680 | 4.100 |
Dividend Growth | 2.53% | 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 | 1,240 | 1,242 | 1,243 | 1,255 | 1,173 | 999.28 |
EBITDA Margin | 56.00% | 56.24% | 56.74% | 58.40% | 58.07% | 56.20% |
EBIT | 607.15 | 619.44 | 656.75 | 688.9 | 628.88 | 464.87 |
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% |