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Mid-America Apartment Communities MAA Investment properties, at cost

Investment properties, at cost at other companies

UDR logo
UDRUDR
$16.11B-1.0%
Equity Residential logo
Equity ResidentialEQR
$30.44B-0.4%
AvalonBay Communities logo
AvalonBay CommunitiesAVB
$28.28B+4.4%
Independence Realty Trust logo
Independence Realty TrustIRT
$6.7B+4.0%
NexPoint Residential Trust logo
NexPoint Residential TrustNXRT
$2.44B+5.0%
American Homes 4 Rent logo
American Homes 4 RentAMH
$14.48B+2.9%

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$15.66B-3.4%
Enterprise value$15.61B-3.5%
P/E40.2×+11.8×
P/S7.1×-0.3×

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×

Where this comes from

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

Tagged under the XBRL concept us-gaap:RealEstateInvestmentPropertyAtCost.

The source filing: Mid-America Apartment Communities’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 4:15 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-197331
Line itemMarch 31, 2026December 31, 2025
Land$2,157,019$2,129,401
Buildings and improvements and other15,052,43514,852,509
Development and capital improvements in progress369,883426,759
17,579,33717,408,669
Less: Accumulated depreciation(6,074,082)(5,914,017)
11,505,25511,494,652
Undeveloped land73,35973,359
Investment in real estate joint venture41,57841,313

Item 1. Financial Statements.

FAQ

What is Mid-America Apartment Communities's investment properties, at cost?
Mid-America Apartment Communities (MAA) reported investment properties, at cost of $17.58B in Q1 2026.
How has Mid-America Apartment Communities's investment properties, at cost changed year-over-year?
Mid-America Apartment Communities's investment properties, at cost increased by 4.2% year-over-year, from $16.87B to $17.58B.
What is the long-term trend for Mid-America Apartment Communities's investment properties, at cost?
Over 5 years (2020 to 2025), Mid-America Apartment Communities's investment properties, at cost has grown at a 4.0% compound annual growth rate (CAGR), from $14.28B to $17.41B.
What does investment properties, at cost mean?
The total historical cost of all real estate assets held for the purpose of generating rental income or capital appreciation. This is the primary asset base for a REIT before accounting for depreciation.

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