Mid-America Apartment Communities, Inc.

MAA Real Estate Reit Residential

Mid-America Apartment Communities, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.2 billion, up 0.83% from fiscal 2024. In the quarter to June 2026, revenue was flat, EPS grew 13.0%, free cash flow fell 3.86% and total debt rose 12.8%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for three consecutive years, revenue growth for ten; insiders bought in the last twelve months.

116.52 0.25 +0.22%
Market cap
$13.8B
P/E
34.1×
Fwd P/E
40.5×
Dividend yield
5.25%
F-score
4/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Mid-America Apartment Communities, Inc. (MAA) EV/EBITDA

Alert me on EV/EBITDA

As of 16 October 2026, Mid-America Apartment Communities, Inc. (MAA) trades at a EV/EBITDA of 15.4×. Over the past ten years it has ranged from 14.2× (October 2023) to 31.6× (December 2021); the current reading is higher than 3% of that period. That is in line with the Reit Residential industry median of 15.8× and in line with the Real Estate sector median of 15.2×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 17.3× (6.06%)
FY2024 18.4× 14.14%
FY2023 16.1× (14.74%)
FY2022 18.9× (38.15%)
FY2021 30.6× 51.89%
FY2020 20.1× (2.92%)
FY2019 20.7× 19.66%
FY2018 17.3× (7.45%)
FY2017 18.7× (8.36%)
FY2016 20.4× 14.27%

Quarterly newest first

Period EV/EBITDA Change
Jun 2026 17.5× 9.92%
Mar 2026 15.9× (7.98%)
Dec 2025 17.3× 0.00%
Sep 2025 17.3× (3.41%)
42 more quarters

Against its own ten years

Low 14.2× High 31.6×
Ten-year median 18.5×
Current reading's percentile 3

EV/EBITDA against peers

Company EV/EBITDA
UDR United Dominion Realty Trust, Inc. compare 11.8×
INVH Invitation Home compare 13.3×
VMRK Vivmark Residential compare 13.5×
MAA Mid-America Apartment Communities, Inc. 15.4×
ELS Equity Lifestyle Properties, Inc. compare 16.3×
AMH American Homes 4 Rent compare 16.4×
CPT Camden Property Trust compare 16.6×
ESS Essex Property Trust, Inc. compare 19.1×
SUI Sun Communities, Inc. compare 38.1×
Reit Residential industry median 15.8×
Real Estate sector median 15.2×
Market median 11.0×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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