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.

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

Quarter to September 2026, against a year earlier

122.10 4.76 +4.06%
Market cap
$14.0B
P/E
35.4×
Fwd P/E
32.1×
Dividend yield
5.21%
F-score
4/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Mid-America Apartment Communities, Inc. (MAA) Free cash flow margin

Alert me on Free cash flow margin

Mid-America Apartment Communities, Inc.'s free cash flow margin over the twelve months to 30 September 2026 was 27.6%, down 2.5 percentage points from fiscal 2025 (30.1%). Over the past ten years it has ranged from 23.0% (fiscal 2016) to 48.5% (fiscal 2021); the current reading is higher than 55% of that period. That is below the Reit Residential industry median of 29.9% and above the Real Estate sector median of 9.33%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 30.1% 4.62
FY2024 25.5% (1.26)
FY2023 26.8% (13.39)
FY2022 40.2% (8.33)
FY2021 48.5% 16.07
FY2020 32.4% (7.85)
FY2019 40.3% 16.73
FY2018 23.6% (0.52)
FY2017 24.1% 1.12
FY2016 23.0% (24.38)

Against its own ten years

Low 23.0% High 48.5%
Ten-year median 30.1%
Current reading's percentile 55

Free cash flow margin against peers

Company Free cash flow margin
AMH American Homes 4 Rent compare 79.7%
INVH Invitation Home compare 75.9%
UDR United Dominion Realty Trust, Inc. compare 49.9%
ESS Essex Property Trust, Inc. compare 36.7%
MAA Mid-America Apartment Communities, Inc. 27.6%
ELS Equity Lifestyle Properties, Inc. compare 23.6%
SUI Sun Communities, Inc. compare 22.8%
JAN Janus Living, Inc. compare 18.9%
CPT Camden Property Trust compare 11.1%
Reit Residential industry median 29.9%
Real Estate sector median 9.33%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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