Mid-America Apartment Communities, Inc. logo

Mid-America Apartment Communities, Inc.

MAA

NYSEReal EstateREIT - Residential

Previous close

$131.31

−$0.75 · -0.57%

Aug 21, 4:00 PM ET

MAA company overview

Historical prices · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

61

Undervalued

Momentum

44

Neutral

Sentiment

66

Bullish

Risk resilience

78

Moderate Risk

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Company profile

Company website

Mid-America Apartment Communities, known as MAA, is a prominent S&P 500 entity operating as a Real Estate Investment Trust (REIT). Its core objective is to generate outstanding, comprehensive investment returns for its shareholders. MAA achieves this by strategically acquiring, developing, redeveloping, owning, and managing high-quality apartment complexes. These properties are primarily located across the Southeast, Southwest, and Mid-Atlantic regions of the United States. As of December 31, 2020, the company held an interest in 102,772 apartment units, a figure that includes communities currently under development, spread throughout 16 states and the District of Columbia.

Industry
REIT - Residential
Sector
Real Estate
Headquarters
US
CEO
Adrian Bradley Hill
Listed since
Jan 28, 1994
Employees
2,507

Market position

Day range

Current $131.31

52-week range

Current $131.31

Open
$132.63
Previous close
$132.06
Volume
512.16K
0.51× average
Average volume
1.01M
Average daily volume
Market cap
15.28B USD
Beta
0.72
Market reference 1
50-day average
$134.89
-2.65% below average
200-day average
$132.21
-0.68% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
38.39×
P/B (TTM)
2.8×
P/S (TTM)
6.89×
Dividend yield
4.65%

Profitability & efficiency

Gross margin
47.25%
Operating margin
26.88%
Net margin
18.17%

Financial health

Debt / equity
1.05×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends36%30%25%19%Gross margin, FY2021: 29.12%Gross margin, FY2022: 34.05%Gross margin, FY2023: 34.79%Gross margin, FY2024: 32.55%Gross margin, FY2025: 31.83%Operating margin, FY2021: 26.14%Operating margin, FY2022: 31.13%Operating margin, FY2023: 32.06%Operating margin, FY2024: 29.97%Operating margin, FY2025: 28.04%Net margin, FY2021: 30.02%Net margin, FY2022: 31.56%Net margin, FY2023: 25.73%Net margin, FY2024: 24.08%Net margin, FY2025: 20.23%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 29.12%. Gross margin FY2022 34.05%. Gross margin FY2023 34.79%. Gross margin FY2024 32.55%. Gross margin FY2025 31.83%. Operating margin FY2021 26.14%. Operating margin FY2022 31.13%. Operating margin FY2023 32.06%. Operating margin FY2024 29.97%. Operating margin FY2025 28.04%. Net margin FY2021 30.02%. Net margin FY2022 31.56%. Net margin FY2023 25.73%. Net margin FY2024 24.08%. Net margin FY2025 20.23%.

Income trends

Revenue

2.21B USD+0.83%

Operating income

619.44M USD-5.68%

Net income

446.91M USD-15.28%
Income trends across reported periods2.39B USD1.68B USD975.57M USD270.69M USDRevenue, FY2021: 1.78B USDRevenue, FY2022: 2.02B USDRevenue, FY2023: 2.15B USDRevenue, FY2024: 2.19B USDRevenue, FY2025: 2.21B USDOperating income, FY2021: 464.87M USDOperating income, FY2022: 628.88M USDOperating income, FY2023: 688.9M USDOperating income, FY2024: 656.75M USDOperating income, FY2025: 619.44M USDNet income, FY2021: 533.79M USDNet income, FY2022: 637.44M USDNet income, FY2023: 552.81M USDNet income, FY2024: 527.54M USDNet income, FY2025: 446.91M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.78B USD. Revenue FY2022 2.02B USD. Revenue FY2023 2.15B USD. Revenue FY2024 2.19B USD. Revenue FY2025 2.21B USD. Operating income FY2021 464.87M USD. Operating income FY2022 628.88M USD. Operating income FY2023 688.9M USD. Operating income FY2024 656.75M USD. Operating income FY2025 619.44M USD. Net income FY2021 533.79M USD. Net income FY2022 637.44M USD. Net income FY2023 552.81M USD. Net income FY2024 527.54M USD. Net income FY2025 446.91M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue2.21B USD2.19B USD2.15B USD2.02B USD1.78B USD
Cost of goods sold1.51B USD1.48B USD1.4B USD1.33B USD1.26B USD
Gross profit703.07M USD713.27M USD747.48M USD687.71M USD517.75M USD
Selling, general, and administrative54.81M USD56.52M USD58.58M USD58.83M USD52.88M USD
Operating expenses83.63M USD56.52M USD58.58M USD58.83M USD52.88M USD
Interest expense185.26M USD168.54M USD149.23M USD154.75M USD156.88M USD
Depreciation and amortization622.63M USD586.4M USD565.86M USD544M USD534.42M USD
Operating income619.44M USD656.75M USD688.9M USD628.88M USD464.87M USD
Net income446.91M USD527.54M USD552.81M USD637.44M USD533.79M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
64%
7 beats, 4 misses, 0 met estimates
Average EPS surprise
+15.75%
11 comparable reports
Latest EPS result
1.07
Estimate 0.76 · Beat by 40.97%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates1.681.260.830.41Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 5, 2025: actual 1.46, estimate 1.04, surprise +40.38%, Beat. Q2 2025, reported Apr 30, 2025: actual 1.59, estimate 0.892, surprise +78.25%, Beat. Q3 2025, reported Jul 30, 2025: actual 0.956, estimate 0.866, surprise +10.39%, Beat. Q4 2025, reported Oct 29, 2025: actual 0.84, estimate 0.894, surprise -6.04%, Miss. Q1 2026, reported Feb 4, 2026: actual 0.48, estimate 0.922, surprise -47.94%, Miss. Q2 2026, reported Apr 29, 2026: actual 1.09, estimate 0.829, surprise +31.48%, Beat. Q3 2026, reported Jul 29, 2026: actual 1.07, estimate 0.759, surprise +40.97%, Beat. Q4 2026, reported Oct 28, 2026: actual —, estimate 0.783, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates581.48M563.3M545.11M526.93MQ1 '25MissQ2 '25MissQ3 '25MissQ4 '25MissQ1 '26MissQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 5, 2025: actual 549.83M USD, estimate 551.61M USD, surprise -0.32%, Miss. Q2 2025, reported Apr 30, 2025: actual 549.3M USD, estimate 550.72M USD, surprise -0.26%, Miss. Q3 2025, reported Jul 30, 2025: actual 549.9M USD, estimate 551.49M USD, surprise -0.29%, Miss. Q4 2025, reported Oct 29, 2025: actual 554.37M USD, estimate 554.92M USD, surprise -0.10%, Miss. Q1 2026, reported Feb 4, 2026: actual 555.56M USD, estimate 556.36M USD, surprise -0.14%, Miss. Q2 2026, reported Apr 29, 2026: actual 553.73M USD, estimate 555.75M USD, surprise -0.36%, Miss. Q3 2026, reported Jul 29, 2026: actual 555.13M USD, estimate 556.18M USD, surprise -0.19%, Miss. Q4 2026, reported Oct 28, 2026: actual —, estimate 559.12M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$141

7.38% upside
Past 12 months12-month forecastHigh $152Average $141Low $130

Recent analyst actions

12 institutions

MAA peers

ETFs holding MAA

Funds reporting this stock among their holdings, ordered by reported position size.

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