Mid-America Apartment Communities (MAA) is trading down at $115.62 (-0.71%) on NYSE/NASDAQ, as of the latest quote. It is a S&P 500 constituent in the Real Estate sector.
| FY2012Dec 2012 | FY2017Dec 2017 | FY2018Dec 2018 | FY2019Dec 2019 | FY2020Dec 2020 | FY2021Dec 2021 | FY2022Dec 2022 | FY2023Dec 2023 | FY2024Dec 2024 | FY2025Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $497.2M | $1.53B | $1.57B | $1.64B | $1.68B | $1.78B | $2.02B | $2.15B | $2.19B | $2.21B |
| Growth (year over year) | +15.4% | — | +2.8% | +4.4% | +2.3% | +6.0% | +13.6% | +6.4% | +2.0% | +0.8% |
| Operating income | $130.3M | — | — | — | — | — | — | — | — | — |
| Operating margin | 26.2% | — | — | — | — | — | — | — | — | — |
| Net income | $105.2M | $328.4M | $222.9M | $353.8M | $255.0M | $533.8M | $637.4M | $552.8M | $527.5M | $446.9M |
| Net margin | 21.2% | 21.5% | 14.2% | 21.6% | 15.2% | 30.0% | 31.6% | 25.7% | 24.1% | 20.2% |
| EPS (diluted) | $2.56 | $2.86 | $1.93 | $3.07 | $2.19 | $4.61 | $5.48 | $4.71 | $4.49 | $3.78 |
| Balance sheet | ||||||||||
| Cash and equivalents | $9.07M | $10.8M | $34.3M | $20.5M | $25.2M | $54.3M | $38.7M | $41.3M | $43.0M | $60.3M |
| Total assets | $2.75B | — | $11.3B | $11.2B | $11.2B | $11.3B | $11.2B | $11.5B | $11.8B | $12.0B |
| Total liabilities | $1.80B | — | $4.94B | $4.93B | $5.09B | $5.10B | $5.03B | $5.19B | $5.66B | $6.14B |
| Shareholders' equity | $914.1M | $6.57B | $6.15B | $6.07B | $5.87B | $5.97B | $6.01B | $6.09B | $5.94B | $5.66B |
| Cash flow | ||||||||||
| Operating cash flow | $211.0M | $660.8M | $734.3M | $781.4M | $823.9M | $895.0M | $1.06B | $1.14B | $1.10B | $1.08B |
| Capital expenditure | $47.2M | $343.9M | $254.7M | $190.2M | $225.5M | $279.6M | $296.2M | $341.2M | $322.4M | $360.2M |
| Free cash flow | $163.7M | $316.9M | $479.6M | $591.2M | $598.4M | $615.3M | $762.3M | $796.0M | $775.9M | $717.9M |
| Dividends paid | $107.7M | $395.3M | $419.8M | $437.7M | $457.4M | $470.4M | $539.6M | $651.7M | $686.9M | $709.0M |
| Share buybacks | $1.99M | — | — | — | — | — | — | $0 | $0 | $27.2M |
| Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24†Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25†Dec 2025 | Q1 FY26Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $546.4M | $551.1M | $549.8M | $549.3M | $549.9M | $554.4M | $555.6M | $553.7M |
| Growth (year over year) | +2.1% | +1.7% | +1.4% | +1.0% | +0.6% | +0.6% | +1.0% | +0.8% |
| Net income | $102.0M | $115.2M | $166.6M | $181.7M | $108.1M | $99.5M | $57.6M | $124.4M |
| Net margin | 18.7% | 20.9% | 30.3% | 33.1% | 19.7% | 18.0% | 10.4% | 22.5% |
| EPS (diluted) | $0.86 | $0.98 | $1.43 | $1.54 | $0.92 | $0.84 | $0.48 | $1.06 |
| Balance sheet | ||||||||
| Cash and equivalents | $62.8M | $50.2M | $43.0M | $55.8M | $54.5M | $32.2M | $60.3M | $71.5M |
| Total assets | $11.6B | $11.8B | $11.8B | $11.8B | $11.8B | $11.9B | $12.0B | $12.0B |
| Total liabilities | $5.36B | $5.60B | $5.66B | $5.65B | $5.75B | $5.91B | $6.14B | $6.29B |
| Shareholders' equity | $6.00B | $5.95B | $5.94B | $5.95B | $5.89B | $5.82B | $5.66B | $5.54B |
| Cash flow | ||||||||
| Operating cash flow | $349.4M | $309.5M | $239.1M | $196.6M | $353.4M | $266.4M | $261.7M | $149.6M |
| Capital expenditure | $89.7M | $94.1M | $86.5M | $72.6M | $88.9M | $95.6M | $103.1M | $58.4M |
| Free cash flow | $259.7M | $215.5M | $152.6M | $124.0M | $264.5M | $170.8M | $158.6M | $91.3M |
| Dividends paid | $171.7M | $171.8M | $171.8M | $177.1M | $177.2M | $177.4M | $177.4M | $178.9M |
| Share buybacks | — | — | — | $0 | — | — | — | $72.8M |
From Mid-America Apartment Communities's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
Mid-America Apartment Communities, Inc. (MAA) is a publicly traded real estate investment trust based in Memphis, Tennessee that invests in apartments in the Southeastern United States and the Southwestern United States.
Source: Wikipedia — Mid-America Apartment Communities
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