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Mid-America Apartment Communities MAA Same Store — Operating Income Before Depreciation

Similar metrics at other companies

AvalonBay Communities logo
AVBSame Store — Total NOI
$485.88M0.0%
Equity Residential logo
EQRNon Same Store — Net Operating Income Loss From Rental Real Estate
$18.83M+255%
Equity Residential logo
EQRNon Same Store — Operating Income
$12.45M+41.7%
Equity Residential logo
EQRSame Store Non Same Store And Other — Operating Income
$489.46M+4.4%
Equity Residential logo
EQRNon Same Store And Other — Net Operating Income Loss From Rental Real Estate
$14.96M+26.8%
Equity Residential logo
EQRNon Same Store And Other — Operating Income
$11.05M-26.5%

Other financials

Income statement

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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

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Market cap$15.42B-27.1%
Enterprise value$15.37B-27.3%
P/E39.6×+2.2×
P/S-2.7×

Profitability

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Net margin17.6%-8.1pp

Returns & leverage

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

Where this comes from

Reported directly by Mid-America Apartment Communities in its filing.

Tagged under the XBRL concept maa:OperatingIncomeBeforeDepreciation.

The official record: Mid-America Apartment Communities’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Mid-America Apartment Communities's same store — operating income before depreciation?
Mid-America Apartment Communities (MAA) reported same store — operating income before depreciation of $328.7M in Q1 2026.
How has Mid-America Apartment Communities's same store — operating income before depreciation changed year-over-year?
Mid-America Apartment Communities's same store — operating income before depreciation decreased by 1.3% year-over-year, from $332.92M to $328.7M.
What is the long-term trend for Mid-America Apartment Communities's same store — operating income before depreciation?
Over 4 years (2021 to 2025), Mid-America Apartment Communities's same store — operating income before depreciation has grown at a 5.3% compound annual growth rate (CAGR), from $1.06B to $1.3B.
What does same store — operating income before depreciation mean?
The profit generated by established properties before accounting for non-cash depreciation expenses.
How do you interpret same store — operating income before depreciation?
An increase indicates strong rental demand and effective cost management, while a decrease suggests declining occupancy or rising operational costs.
How does same store — operating income before depreciation compare across companies?
Commonly referred to as 'Same-Store NOI' (Net Operating Income) in the multifamily REIT sector.