Stocks · Real estate · Real Estate Investment Trusts

Mid-America Apartment Communities

MAA Clue Score53
United States Fiscal year ends December CIK 0000912595
$116.53 -0.28% Close, 12 Oct 2026
Price $116.53 −39.79% Close, 12 Oct 2026

Closing prices at the end of each trading day, from 13 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueNet income
Fiscal year 2017Revenue1.53Net income0.33EPS, diluted2.86Fiscal year 2018Revenue1.57 +2.8%Net income0.22 −32.1%EPS, diluted1.93 −32.5%Fiscal year 2019Revenue1.64 +4.4%Net income0.35 +58.7%EPS, diluted3.07 +59.1%Fiscal year 2020Revenue1.68 +2.3%Net income0.25 −27.9%EPS, diluted2.19 −28.7%Fiscal year 2021Revenue1.78 +6.0%Net income0.53 +109.4%EPS, diluted4.61 +110.5%Fiscal year 2022Revenue2.02 +13.6%Net income0.64 +19.4%EPS, diluted5.48 +18.9%Fiscal year 2023Revenue2.15 +6.4%Net income0.55 −13.3%EPS, diluted4.71 −14.1%Fiscal year 2024Revenue2.19 +2.0%Net income0.53 −4.6%EPS, diluted4.49 −4.7%Fiscal year 2025Revenue2.21 +0.8%Net income0.45 −15.3%EPS, diluted3.78 −15.8%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 1.53 1.57 1.64 1.68 1.78 2.02 2.15 2.19 2.21
Growth +2.8% +4.4% +2.3% +6.0% +13.6% +6.4% +2.0% +0.8%
Net income 0.33 0.22 0.35 0.25 0.53 0.64 0.55 0.53 0.45
Growth −32.1% +58.7% −27.9% +109.4% +19.4% −13.3% −4.6% −15.3%
EPS, diluted 2.86 1.93 3.07 2.19 4.61 5.48 4.71 4.49 3.78
Growth −32.5% +59.1% −28.7% +110.5% +18.9% −14.1% −4.7% −15.8%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Net margin
Fiscal year 2017Net margin21.5%Fiscal year 2018Net margin14.2%Fiscal year 2019Net margin21.6%Fiscal year 2020Net margin15.2%Fiscal year 2021Net margin30.0%Fiscal year 2022Net margin31.6%Fiscal year 2023Net margin25.7%Fiscal year 2024Net margin24.1%Fiscal year 2025Net margin20.2%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net margin 21.5% 14.2% 21.6% 15.2% 30.0% 31.6% 25.7% 24.1% 20.2%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flow
Fiscal year 2017Operating cash flow0.66Dividends paid−0.40Fiscal year 2018Operating cash flow0.73Dividends paid−0.42Fiscal year 2019Operating cash flow0.78Dividends paid−0.44Fiscal year 2020Operating cash flow0.82Dividends paid−0.46Fiscal year 2021Operating cash flow0.89Dividends paid−0.47Fiscal year 2022Operating cash flow1.06Dividends paid−0.54Fiscal year 2023Operating cash flow1.14Buybacks0.00Dividends paid−0.65Fiscal year 2024Operating cash flow1.10Buybacks0.00Dividends paid−0.69Fiscal year 2025Operating cash flow1.08Buybacks−0.03Dividends paid−0.71
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 0.66 0.73 0.78 0.82 0.89 1.06 1.14 1.10 1.08
Buybacks n/a n/a n/a n/a n/a n/a 0.00 0.00 −0.03
Dividends paid −0.40 −0.42 −0.44 −0.46 −0.47 −0.54 −0.65 −0.69 −0.71

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2017Cash0.01Shareholders’ equity6.57Fiscal year 2018Cash0.03Shareholders’ equity6.15Fiscal year 2019Cash0.02Shareholders’ equity6.07Fiscal year 2020Cash0.03Shareholders’ equity5.87Fiscal year 2021Cash0.05Shareholders’ equity5.97Fiscal year 2022Cash0.04Shareholders’ equity6.01Fiscal year 2023Cash0.04Shareholders’ equity6.09Fiscal year 2024Cash0.04Shareholders’ equity5.94Fiscal year 2025Cash0.06Shareholders’ equity5.66
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 0.01 0.03 0.02 0.03 0.05 0.04 0.04 0.04 0.06
Shareholders’ equity 6.57 6.15 6.07 5.87 5.97 6.01 6.09 5.94 5.66

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
22.4% 14.8% 22.5% 15.8% 31.7% 32.0% 26.6% 24.9% 20.8%
21.5% 14.2% 21.6% 15.2% 30.0% 31.6% 25.7% 24.1% 20.2%
Spending
2.6% 2.5% 2.7% 2.8% 3.0% 2.9% 2.7% 2.6% 2.5%
0.8% 1.1% 1.0% 1.3% 2.4% −1.0% 0.8% 1.0% 1.0%
Returns
5.0% 3.6% 5.8% 4.3% 8.9% 10.6% 9.1% 8.9% 7.9%
n/a 2.0% 3.2% 2.3% 4.7% 5.7% 4.8% 4.5% 3.7%
Balance and payout
n/a 43.6% 43.9% 45.5% 45.2% 44.8% 45.2% 48.0% 51.2%
120.4% 188.4% 123.7% 179.4% 88.1% 84.7% 117.9% 130.2% 158.7%