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Mid-America Apartment Communities

MAA

MAA is a self-administered and self-managed real estate investment trust (REIT) focused on the ownership, operation, and development of multifamily apartment communities.

Market cap
$15.53B-13.0%
Revenue$2.2B+0.8%
Net income$389.6M-31.1%
Free cash flow$685.2M-8.9%
EPS (diluted)$3.30-31.3%
Trailing twelve months · change vs. prior year

Earnings

Q2 2026 report

July 29, 2026

Next report

Date not yet announced

Financials

Q1 2026

Income statement

See full
Revenue$553.7M+0.8%
Net income$124.4M-31.5%
EPS (diluted)$1.06-31.2%

Balance sheet

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Cash & equivalents$71.5M+28.2%
Total debt$23.8M-7.2%
Total equity$5.5B-6.9%
Total assets$12.0B+1.5%

Cash flow

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Operating cash flow$149.6M-23.9%
CapEx$58.4M-19.6%
Free cash flow$91.3M-26.4%

Valuation & ratios

Valuation

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Market cap$15.53B-13.0%
Enterprise value$15.49B-11.3%
P/E39.9×+9.3×
P/S-0.9×

Profitability

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Net margin17.6%-8.1pp
FCF margin31%-3.3pp

Returns & leverage

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Return on equity6.8%-2.6pp
Debt / equity0.0×

Segments

By segment

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Same Store$513.8M-0.3%
Non Same Store And Other$36.4M+20.4%

Competitors

Profile

MAA is a self-administered and self-managed real estate investment trust (REIT) focused on the ownership, operation, and development of multifamily apartment communities. The company creates value through a diversified portfolio of garden-style, mid-rise, and high-rise properties primarily located in high-growth regions of the Southeast, Southwest, and Mid-Atlantic United States.

Competitive position

A leading S&P 500 multifamily REIT with a significant presence in high-growth Sunbelt markets and a fully integrated operating platform.

GeographiesUnited States, Southeast US, Southwest US, Mid-Atlantic US
Customer segmentsResidential tenants, Retail businesses
Business modelAsset-heavy, Rental income, Real Estate Investment Trust (REIT)
SuppliersConstruction contractors, Environmental engineering firms, Information technology service providers, Municipalities and zoning boards, Debt and equity capital markets
CustomersIndividual residential tenants, Commercial retail tenants, Real estate buyers
Listed1994
Employees2.4K
CEOAdrian Bradley Hill
Websitemaac.com
FilingsSEC EDGAR

Questions, answered.

What is Mid-America Apartment Communities's market cap?
Mid-America Apartment Communities (MAA) has a market capitalization of $15.5B and trades on NYSE.
What is Mid-America Apartment Communities's revenue and profitability?
Mid-America Apartment Communities generated $2.2B in trailing twelve-month revenue with net income of $389.6M, representing a net margin of 17.6%, with free cash flow of $685.2M. These figures are based on the Q1 2026 filing.
Who are Mid-America Apartment Communities's competitors?
Mid-America Apartment Communities's key competitors include Equity Residential, Camden Property Trust, AvalonBay Communities, Inc., and others. These companies compete in similar markets and product categories.
What subsidiaries does Mid-America Apartment Communities have?
Mid-America Apartment Communities's subsidiaries include Mid-America Apartments, L.P..
Where is Mid-America Apartment Communities headquartered?
Mid-America Apartment Communities is headquartered in United States of America and employs approximately 2,427 people. It has been publicly traded since 1994.