Friday 6 November 2026 Export MAA’s income statement to Excel — free account

Mid-America Apartment Communities, Inc.

Mid-America Apartment Communities, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.2 billion, up 0.83% from fiscal 2024.

Revenue: +1.04%
EPS: −11.9%
Free cash flow: +81.7%
Total debt: +12.4%

Quarter to September 2026, against a year earlier

121.17 0.98 −0.80%

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Market cap: $14.5B
P/E: 36.5×
Fwd P/E: 32.1×
Dividend yield: 5.05%
F-score: 4/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Earnings & Analysis Segments Valuation Filings

An Income Statement, also known as a Profit and Loss Statement, summarizes a company's revenues, expenses, and profits over a specific period. It highlights how revenue is transformed into net income, showcasing operational efficiency. Key components include total revenue, cost of goods sold (COGS), gross profit, operating expenses, and net profit. Businesses use the Income Statement to assess financial performance, make strategic decisions, and ensure profitability. Investors and stakeholders analyze it to gauge the company’s financial health and future growth potential.

	Dec '25	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16
Revenue Full definition →	2,209.13	2,191.02	2,148.47	2,019.87	1,778.08	1,677.98	1,641.02	1,571.35	1,528.99	1,125.35
Revenue Growth Full definition →	0.83%	1.98%	6.37%	13.60%	5.97%	2.25%	4.43%	2.77%	35.87%	7.92%
Cost of Revenue Full definition →	912.59	892.13	835.93	789.16	726.90	692.77	667.86	642.22	620.32	457.45
Gross Profit Full definition →	1,296.54	1,298.88	1,312.54	1,230.71	1,051.19	985.21	973.16	929.12	908.67	667.90
SG&A Expenses Full definition →	54.81	56.52	58.58	58.83	52.88	46.86	43.85	38.86	40.19	29.04
Operating Income Full definition →	619.44	656.75	688.90	628.88	464.87	427.51	432.47	400.51	354.78	275.08
Non-operating Income/Expense Full definition →	(160.35)	(111.89)	(118.06)	18.11	98.26	(161.67)	(63.81)	(168.71)	(12.99)	(49.22)
Non-operating Interest Expenses Full definition →	185.26	168.54	149.23	154.75	156.88	167.56	179.85	173.59	154.75	129.95
Investment Gain/Loss (Other) Full definition →	2.08	1.95	1.73	1.58	1.21	1.50	1.65	1.83	1.37	0.24
EBT Full definition →	459.09	544.87	570.85	646.99	563.13	265.84	368.66	231.80	341.79	225.86
Income Tax Provision Full definition →	4.60	5.24	4.74	(6.21)	13.64	3.33	3.70	2.61	2.62	1.70
Income after Tax Full definition →	454.49	539.63	566.10	653.20	549.49	262.51	364.96	229.19	339.17	224.16
Dividends (Preferred) Full definition →	3.69	3.69	3.69	3.69	3.69	3.69	3.69	3.69	3.69	0.31
Non-Controlling Interest Full definition →	9.66	14.03	15.03	17.34	16.91	9.05	12.81	8.12	12.16	12.18
Net Income Common Full definition →	443.22	523.86	549.12	633.75	530.10	251.27	350.12	219.21	324.69	211.92
EPS (Basic) Full definition →	3.79	4.49	4.71	5.49	4.62	2.20	3.07	1.93	2.86	2.70
EPS (Diluted) Full definition →	3.78	4.49	4.71	5.48	4.61	2.19	3.07	1.93	2.86	2.69
Shares (Basic, Weighted) Full definition →	116.95	116.78	116.52	115.34	114.72	114.19	113.85	113.64	113.41	78.50
Shares (Diluted, Weighted) Full definition →	117.15	116.78	116.65	115.58	115.04	114.50	114.11	113.84	113.69	78.80
Gross Margin Full definition →	58.69%	59.28%	61.09%	60.93%	59.12%	58.71%	59.30%	59.13%	59.43%	59.35%
EBIT Margin Full definition →	28.04%	29.97%	32.06%	31.13%	26.14%	25.48%	26.35%	25.49%	23.20%	24.44%
EBT margin Full definition →	20.78%	24.87%	26.57%	32.03%	31.67%	15.84%	22.47%	14.75%	22.35%	20.07%
Net Profit Margin Full definition →	20.06%	23.91%	25.56%	31.38%	29.81%	14.97%	21.34%	13.95%	21.24%	18.83%
Free Cash Flow Margin Full definition →	30.14%	25.52%	26.78%	40.17%	48.50%	32.43%	40.28%	23.55%	24.07%	22.95%
EBITDA Full definition →	1,248.97	1,249.19	1,260.67	1,178.95	1,004.94	944.15	936.04	886.52	839.51	588.54
EBIT Full definition →	619.44	656.75	688.90	628.88	464.87	427.51	432.47	400.51	354.78	275.08
Income from Continuous Operations Full definition →	456.57	541.58	567.83	654.78	550.70	264.02	366.62	231.02	340.54	224.40
Consolidated Net Income/Loss Full definition →	456.57	541.58	567.83	654.78	550.70	264.02	366.62	231.02	340.54	224.40
EPS (Basic, from Continuous Ops) Full definition →	3.90	4.64	4.87	5.68	4.80	2.31	3.22	2.03	3.00	2.86
EPS (Basic, Consolidated) Full definition →	3.90	4.64	4.87	5.68	4.80	2.31	3.22	2.03	3.00	2.86
EPS (Diluted, from Cont. Ops) Full definition →	3.90	4.64	4.87	5.67	4.79	2.31	3.21	2.03	3.00	2.85
Shares (Diluted, Average) Full definition →	117.15	116.78	116.65	115.58	115.04	114.50	114.11	113.84	113.69	78.80
Funds From Operations (FFO) Full definition →	994.12	1,039.40	1,114.98	962.18	843.28	761.92	754.88	705.71	691.82	—
EPS (Diluted, Consolidated) Full definition →	3.90	4.64	4.87	5.67	4.79	2.31	3.21	2.03	3.00	2.85
EBITDA Margin Full definition →	56.54%	57.01%	58.68%	58.37%	56.52%	56.27%	57.04%	56.42%	54.91%	52.30%
FFO per Share Full definition →	8.49	8.90	9.56	8.32	7.33	6.65	6.62	6.20	6.09	—
Operating Cash Flow Margin Full definition →	48.81%	50.13%	52.93%	52.40%	50.33%	49.10%	47.62%	46.73%	43.22%	43.10%

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In millions of $ except per-share values · columns are period end dates · fundamentals updated 2 Nov 2026

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