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

121.17 0.98 −0.80%
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

Mid-America Apartment Communities, Inc. (MAA) Operating margin

Alert me on Operating margin

Mid-America Apartment Communities, Inc.'s operating margin over the twelve months to 30 September 2026 was 26.3%, down 1.7 percentage points from fiscal 2025 (28.0%). Over the past ten years it has ranged from 23.2% (fiscal 2017) to 32.1% (fiscal 2023); the current reading is higher than 73% of that period. That is above the Reit Residential industry median of 20.6% and above the Real Estate sector median of 17.8%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 28.0% (1.93)
FY2024 30.0% (2.09)
FY2023 32.1% 0.93
FY2022 31.1% 4.99
FY2021 26.1% 0.66
FY2020 25.5% (0.87)
FY2019 26.4% 0.86
FY2018 25.5% 2.29
FY2017 23.2% (1.24)
FY2016 24.4% (3.46)

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 24.9% (0.45)
Jun 2026 25.4% (1.21)
Mar 2026 26.6% (1.81)
Dec 2025 28.4% 1.15
43 more quarters

Against its own ten years

Low 23.2% High 32.1%
Ten-year median 26.4%
Current reading's percentile 42

Operating margin against peers

Company Operating margin
UDR United Dominion Realty Trust, Inc. compare 52.2%
ELS Equity Lifestyle Properties, Inc. compare 34.6%
ESS Essex Property Trust, Inc. compare 29.5%
MAA Mid-America Apartment Communities, Inc. 26.3%
INVH Invitation Home compare 24.3%
SUI Sun Communities, Inc. compare 21.7%
CPT Camden Property Trust compare 17.9%
AMH American Homes 4 Rent compare 0.00%
JAN Janus Living, Inc. compare −3.47%
Reit Residential industry median 20.6%
Real Estate sector median 17.8%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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