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Discontinued — last reported Q1 '26

Net debt at other companies

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LPL Financial HoldingsLPLA
$7.18B+26.3%
Ready Capital logo
Ready CapitalRC
$536.97M-34.3%
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UnumUNM
$3.76B+0.5%
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UnumUNM
2.7×+0.9×
FTAI Aviation Ltd. logo
FTAI Aviation Ltd.FTAI
$2.5B+53.8%
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CignaCI
-$13M+98.5%

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

Calculated from Mid-America Apartment Communities’s reported figures.

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 net debt?
Mid-America Apartment Communities (MAA) reported net debt of -$47.7M in Q1 2026.
How has Mid-America Apartment Communities's net debt changed year-over-year?
Mid-America Apartment Communities's net debt decreased by 58.4% year-over-year, from -$30.1M to -$47.7M.
What is the long-term trend for Mid-America Apartment Communities's net debt?
Over 5 years (2020 to 2025), Mid-America Apartment Communities's net debt has grown at a 40.8% compound annual growth rate (CAGR), from $6.5M to -$35.96M.
What does net debt mean?
Debt left over after using all the company's cash to pay it down.
How do you interpret net debt?
A negative value means net cash — more cash than debt, a position of strength. The numerator of net-debt/EBITDA, the most common leverage yardstick.
How does net debt compare across companies?
Most informative as net-debt/EBITDA; cash-rich balance sheets can show large total debt yet little or negative net debt.