MID AMERICA APARTMENT COMMUNITIES INC.

MAA

MID AMERICA APARTMENT COMMUNITIES INC.

MAA

Insider Sentiment (TTM):

Last Purchase:2026-05-21Last Sale:2026-05-08Shares Purchased (TTM):2,436Shares Sold (TTM):8,634

Institutional Sentiment:

As of:2026-03-31Institutional Shares Owned:99,102,267Shares Outstanding:116,622,000Institutional Ownership Pct.:84.98%

Earnings Market Reaction:

Filing Date:2026-04-30Price on Filing Date:N/APrevious Close:N/A% Change:N/A

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Financial Statements

10‑Q10‑K

Values in Millions ($)	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30
Land	2,157	2,129	2,112	2,106	2,097	2,097	2,085	2,051	2,031	2,031	2,009	2,009
Construction In Progress Gross	370	427	449	485	485	470	500	391	380	385	339	395
Real Estate Investment Property At Cost	17,579	17,409	17,308	17,059	16,869	16,728	16,542	16,289	16,035	15,933	15,600	15,480
Real Estate Investment Property Accumulated Deprec…	-6,074	-5,914	-5,788	-5,631	-5,478	-5,328	-5,218	-5,150	-5,006	-4,865	-4,725	-4,579
Land Available For Development	73	73	73	73	73	73	74	74	74	74	74	74
Investments In Affiliates Subsidiaries Associates …	42	41	42	42	42	42	42	42	42	42	42	42
Cash And Cash Equivalents At Carrying Value	72	60	32	54	56	43	50	63	55	41	162	150
Restricted Cash	13	14	14	14	14	14	14	14	13	14	13	14
Other Assets	262	246	245	225	237	232	238	232	258	246	216	211
Real Estate Investment Property Net	11,505	11,495	11,520	11,428	11,391	11,400	11,324	11,139	11,028	11,068	10,875	10,901
Assets Held For Sale Not Part Of Disposal Group	27	46	0	0	0	8	15	-	-	0	-	-
Assets	11,995	11,975	11,927	11,836	11,812	11,812	11,756	11,563	11,471	11,485	11,382	11,391
Liabilities And Stockhold…
Unsecured Debt	5,296	5,045	4,837	4,688	4,682	4,621	4,516	4,341	4,264	4,180	4,034	4,033
Liabilities
Liabilities	6,286	6,136	5,912	5,745	5,654	5,665	5,602	5,357	5,194	5,185	5,061	5,020
Secured Debt	360	360	360	360	360	360	360	360	360	360	360	363
Accrued Liabilities Current And Noncurrent	629	730	715	697	612	684	726	656	570	645	666	624
Temporary Equity Carrying Amount Including Portion…	18	20	20	21	24	22	23	20	19	19	18	21
Stockholders Equity Inclu…
Preferred Stock Value Outstanding	0	0	0	0	0	0	0	0	0	0	0	0
Common Stock Value Outstanding	1	1	1	1	1	1	1	1	1	1	1	1
Additional Paid In Capital	7,332	7,402	7,436	7,432	7,423	7,417	7,414	7,409	7,406	7,400	7,410	7,406
Accumulated Distributions In Excess Of Net Income	-1,787	-1,735	-1,613	-1,535	-1,468	-1,470	-1,459	-1,399	-1,327	-1,298	-1,285	-1,235
Stockholders Equity	5,541	5,663	5,994	6,069	5,950	6,125	6,132	6,186	6,072	6,280	6,117	6,162
Minority Interest In Operating Partnerships	139	142	145	147	155	155	156	158	162	163	164	166
Capital
Limited Partners Capital Account	358	409	411	437	513	475	489	441	412	-	-	-
Accumulated Other Comprehensive Income Loss Net Of…	-5	-5	-6	-6	-7	-7	-7	-8	-8	-9	-9	-10
Minority Interest In Joint Ventures	11	15	31	30	29	28	27	25	23	23	23	22
Liabilities And Stockholders Equity	11,995	11,975	11,927	11,836	11,812	11,812	11,756	11,563	11,471	11,485	11,382	11,391
Common Stock Par Or Stated Value Per Share	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
Common Stock Shares Authorized	145	145	145	145	145	145	145	145	145	145	145	145
Common Stock Shares Issued	116	117	117	117	117	117	117	117	117	117	117	117
Shares Outstanding	116	117	117	117	117	117	117	117	117	117	117	117
Preferred Stock Par Or Stated Value Per Share	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
Preferred Stock Shares Authorized	20	20	20	20	20	20	20	20	20	20	20	20
Preferred Stock Dividend Rate Percentage	0	0	0	0	0	0	0	0	0	0	0	0
Preferred Stock Shares Issued	1	1	1	1	1	1	1	1	1	1	1	1
Preferred Stock Shares Outstanding	1	1	1	1	1	1	1	1	1	1	1	1
Preferred Stock Liquidation Preference	0	0	0	0	0	0	0	0	0	0	0	0
Temporary Equity Shares Outstanding	0	0	0	0	0	0	0	0	0	0	0	0
General Partners Capital Account Units Outstanding	116	117	117	117	117	117	117	117	117	117	117	117
Limited Partners Capital Account Units Outstanding	3	3	3	3	3	3	3	3	3	3	3	3

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Earnings Market Reaction

10‑Q10‑K

Fiscal Year	Q1 1 Month	Q1 2 Month	Q1 3 Month	Q2 1 Month	Q2 2 Month	Q2 3 Month	Q3 1 Month	Q3 2 Month	Q3 3 Month	Q4 1 Month	Q4 2 Month	Q4 3 Month
2026	1.52%	2.57%	4.12%	-	-	-	-	-	-	-	-	-
2025	-5.74%	-8.34%	-6.03%	0.42%	-1.10%	-5.76%	3.73%	4.21%	7.64%	1.31%	-8.75%	-3.73%
2024	1.15%	7.05%	10.28%	6.98%	10.96%	6.61%	6.34%	1.36%	0.46%	6.32%	4.91%	1.76%
2023	-	-	-	-3.79%	-7.66%	-11.14%	-0.32%	10.43%	11.27%	2.50%	5.67%	4.95%
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Performance and Valuation Metrics

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Metrics	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30
Leverage & Debt
Interest Coverage TTM	3.08	3.44	4.03	4.18	4.24	4.14	4.20	4.29	4.69	4.71	4.98	5.00
Per Share Metrics
Diluted EPS TTM	3.34	3.81	4.64	4.78	4.76	4.49	4.42	4.39	4.77	4.71	5.04	5.14
Free Cash Flow Per Share TTM	5.88	6.14	6.08	6.47	6.43	6.64	6.92	7.06	6.87	6.83	6.73	6.95
Dividend Per Share TTM	6.09	6.06	6.01	5.97	5.93	5.88	5.81	5.74	5.67	5.59	5.42	5.26
Margin Metrics
Gross Profit Margin TTM	91.35%	91.61%	91.80%	91.95%	92.11%	92.31%	92.54%	92.79%	92.96%	93.05%	93.03%	92.87%
Operating Profit Margin TTM	18.25%	20.78%	26.03%	26.76%	26.54%	24.87%	24.64%	24.50%	26.80%	26.57%	28.27%	29.08%
Net Profit Margin TTM	17.60%	20.23%	24.66%	25.43%	25.36%	23.91%	23.66%	23.55%	25.76%	25.56%	27.56%	28.41%
Growth Metrics
Net Revenue Growth (1Y)	0.77%	0.83%	0.91%	1.19%	1.55%	1.98%	2.31%	2.91%	4.35%	6.37%	9.14%	11.96%
Net Income Growth (1Y)	-30.05%	-14.69%	5.17%	9.25%	-0.03%	-4.60%	-12.17%	-14.67%	-16.48%	-13.86%	-9.25%	-0.96%
EPS Growth (1Y)	-29.92%	-14.82%	4.99%	9.07%	-0.18%	-4.81%	-12.31%	-14.79%	-16.83%	-14.73%	-10.24%	-2.04%
Valuation Metrics
P/E TTM	35.70	35.10	28.73	29.24	32.91	31.93	32.98	29.53	24.75	25.34	22.42	25.70
P/B TTM	2.51	2.70	2.60	2.70	3.08	2.73	2.78	2.45	2.27	2.22	2.16	2.50
P/S TTM	6.28	7.10	7.08	7.44	8.34	7.63	7.80	6.96	6.37	6.48	6.18	7.30
Market Cap	13.91B	15.69B	15.61B	16.36B	18.33B	16.73B	17.04B	15.13B	13.79B	13.92B	13.19B	15.43B
Enterprise Value	13.82B	15.61B	15.56B	16.30B	18.27B	16.67B	16.97B	15.05B	13.72B	13.86B	13.01B	15.26B
Calculated Values
Free Cash Flow TTM	685.23M	717.94M	711.95M	756.59M	751.75M	775.92M	808.09M	824.08M	801.43M	795.96M	785.40M	810.99M
Net Debt	-84.87M	-73.98M	-45.93M	-68.12M	-55.78M	-56.76M	-64.06M	-76.50M	-68.08M	-55.09M	-175.34M	-163.73M
Per-Share and Margin
EPS TTM
Adjusted EPS TTM
Cash Flow Per Share TTM
Pretax Margin TTM
Stock Comp to Revenue TTM
Turnover Ratios and Averages
Average Assets
Average Equity
Average Inventory
Average Receivables
Average Accounts Payables
Inventory Turnover TTM
Payables Turnover TTM
Days Inventory Outstanding TTM
Days Payables Outstanding TTM
Cash Conversion Cycle TTM
Working Capital to Revenue
Deferred Revenue to Revenue
Growth Rates
Total Assets Growth (1Y)
Total Assets Growth (3Y)
Total Assets Growth (5Y)
Dividends Paid Growth (1Y)
Dividends Paid Growth (3Y)
Dividends Paid Growth (5Y)
EPS Growth (3Y)
EPS Growth (5Y)
Net Income Growth (3Y)
Net Income Growth (5Y)
Net Profit Margin Growth (1Y)
Net Profit Margin Growth (3Y)
Net Profit Margin Growth (5Y)
Net Revenue Growth (3Y)
Net Revenue Growth (5Y)
Deferred Revenue Growth (1Y)
Retained Earnings Growth (1Y)
Credit, Liquidity, Returns, Payout
Cash Ratio
Net Working Capital
Debt to EBITDA TTM
Net Debt to EBITDA TTM
Net Debt to Equity
Altman A
Altman B
Altman C
Altman D
Altman E
Altman Z-Score
ROA TTM
ROE TTM
NOPAT TTM
ROIC TTM
Effective Tax Rate TTM
Payout Ratio TTM
Dilution Ratio
Retained Earnings to Equity
Treasury Stock to Equity
Treasury Stock Change (1Y)
Accrued to Current Liabilities
NCAV
NCAV Per Share TTM
Valuation Ratios
P/CF TTM
PEG Ratio
Dividend Yield TTM
Free Cash Flow Yield TTM
EV EBITDA TTM
EV EBIT TTM
EV Revenue TTM
EV FCF TTM
Stock Compensation TTM
Adjusted Net Income TTM
Billings TTM
Total Debt
Invested Capital

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Insider Transactions

2026-05-21Purchase

Owner: Fischer, Tamara D

Title: -

Shares: 1,100

Price/Share: $128.50

Value: $141,350.00

Shares Owned: 1,100

Relationship: Director

Ownership: Direct

2026-05-08Sale

Owner: French, James Barton

Title: EVP Investments

Shares: 350

Price/Share: $130.98

Value: $45,843.00

Shares Owned: 8,158

Relationship: Officer

Ownership: Direct

2026-04-06Sale

Owner: Argo, Timothy

Title: EVP, Chief Strategy & Analysis

Shares: 183

Price/Share: $124.73

Value: $22,825.59

Shares Owned: 21,382

Relationship: Officer

Ownership: Direct

2026-04-06Sale

Owner: Fairbanks, Amber

Title: EVP, Property Management

Shares: 711

Price/Share: $124.73

Value: $88,683.03

Shares Owned: 4,471

Relationship: Officer

Ownership: Direct

2026-04-06Sale

Owner: Carpenter, Melanie

Title: EVP & CHRO

Shares: 731

Price/Share: $124.78

Value: $91,214.18

Shares Owned: 21,243

Relationship: Officer

Ownership: Direct

Filed Date	Owner	Relationship	Title	Ownership	Purchase/Sale	No. Shares	Price Per Share	Value	Shares Owned	Document Type
2026-05-21	Fischer, Tamara D	Director	-	Direct	Purchase	1,100	128.50	$141,350.00	1,100	4
2026-05-08	French, James Barton	Officer	EVP Investments	Direct	Sale	350	130.98	$45,843.00	8,158	4
2026-04-06	Argo, Timothy	Officer	EVP, Chief Strategy & Analysis	Direct	Sale	183	124.73	$22,825.59	21,382	4
2026-04-06	Fairbanks, Amber	Officer	EVP, Property Management	Direct	Sale	711	124.73	$88,683.03	4,471	4
2026-04-06	Carpenter, Melanie	Officer	EVP & CHRO	Direct	Sale	731	124.78	$91,214.18	21,243	4
2026-04-06	Holder, Aubrey Clay	Officer	EVP, CFO	Direct	Sale	145	124.73	$18,085.85	13,679	4
2026-01-08	Holder, Aubrey Clay	Officer	EVP, CFO	Direct	Sale	73	134.98	$9,853.54	10,418	4
2026-01-08	Fairbanks, Amber	Officer	EVP, Property Management	Direct	Sale	185	134.98	$24,971.30	3,519	4
2026-01-08	Carpenter, Melanie	Officer	EVP & CHRO	Direct	Sale	145	134.98	$19,572.10	20,830	4
2026-01-08	Argo, Timothy	Officer	EVP, Chief Strategy & Analysis	Direct	Sale	53	134.98	$7,153.94	19,118	4
2026-01-06	Fairbanks, Amber	Officer	EVP, Property Management	Direct	Sale	233	136.50	$31,804.50	3,799	4
2026-01-06	Holder, Aubrey Clay	Officer	EVP, CFO	Direct	Sale	51	136.50	$6,961.50	10,647	4
2026-01-06	Carpenter, Melanie	Officer	EVP & CHRO	Direct	Sale	290	136.50	$39,585.00	21,037	4
2026-01-06	Argo, Timothy	Officer	EVP, Chief Strategy & Analysis	Direct	Sale	58	136.50	$7,917.00	19,284	4
2026-01-02	Delpriore, Robert J.	Officer	EVP, General Counsel	Direct	Sale	5,426	138.23	$750,035.98	49,745	4
2025-12-12	Hill, Adrian	Officer	EVP, Chief Investment Officer	Direct	Purchase	758	131.83	$99,927.14	48,766	4
2025-10-31	Bolton, H Eric Jr	Director,Officer	President and CEO	Direct	Purchase	578	129.36	$74,770.08	320,391	4
2025-05-02	Fairbanks, Amber	Officer	EVP, Property Management	Direct	Sale	173	166.85	$28,865.05	3,012	4
2025-04-08	Fairbanks, Amber	Officer	EVP, Property Management	Direct	Sale	200	150.26	$30,052.00	3,185	4
2025-04-07	Holder, Aubrey Clay	Officer	EVP, CFO	Direct	Sale	19	149.93	$2,848.67	8,520	4
2025-04-07	Argo, Timothy	Officer	EVP, Chief Strategy & Analysis	Direct	Sale	45	143.93	$6,476.85	17,621	4
2025-04-07	Bolton, H Eric Jr	Director,Officer	President and CEO	Direct	Sale	2,643	149.93	$396,264.99	319,813	4
2025-04-07	Carpenter, Melanie	Officer	EVP & CHRO	Direct	Sale	315	149.93	$47,227.95	20,742	4
2025-04-03	Bolton, H Eric Jr	Director,Officer	President and CEO	Direct	Sale	4,358	166.24	$724,473.92	324,171	4
2025-04-03	Argo, Timothy	Officer	EVP, Chief Strategy & Analysis	Direct	Sale	94	166.24	$15,626.56	17,740	4
2025-04-03	Carpenter, Melanie	Officer	EVP & CHRO	Direct	Sale	472	166.24	$78,465.28	21,159	4
2025-04-03	Holder, Aubrey Clay	Officer	EVP, CFO	Direct	Sale	28	166.24	$4,654.72	8,564	4
2025-04-03	Delpriore, Robert J.	Officer	EVP, General Counsel	Direct	Sale	1,150	166.24	$191,176.00	55,752	4
2024-05-31	Shorb, Gary	Director	-	Direct	Purchase	100	131.92	$13,192.00	4,896	4
2024-04-05	Argo, Timothy	Officer	EVP, Chief Strategy & Analysis	Direct	Sale	68	126.07	$8,572.76	15,517	4
2024-04-05	Carpenter, Melanie	Officer	EVP & CHRO	Direct	Sale	314	126.07	$39,585.98	20,533	4
2024-04-05	Bolton, H Eric Jr	Director,Officer	President and CEO	Direct	Sale	2,642	126.07	$333,076.94	317,737	4
2024-04-03	Carpenter, Melanie	Officer	EVP & CHRO	Direct	Sale	567	126.86	$71,929.62	20,949	4
2024-04-03	Bolton, H Eric Jr	Director,Officer	President and CEO	Direct	Sale	4,041	126.86	$512,641.26	322,094	4
2024-04-03	Argo, Timothy	Officer	EVP, Chief Strategy & Analysis	Direct	Sale	97	126.86	$12,305.42	15,659	4
2024-01-11	Bolton, H Eric Jr	Director,Officer	President and CEO	Direct	Sale	4,028	130.21	$524,485.88	304,523	4
2024-01-08	Delpriore, Robert J.	Officer	EVP, General Counsel	Direct	Sale	7,211	131.33	$947,020.63	47,305	4
2024-01-08	Carpenter, Melanie	Officer	EVP & CHRO	Direct	Sale	371	131.33	$48,723.43	19,067	4
2024-01-08	Argo, Timothy	Officer	EVP, Chief Strategy & Analysis	Direct	Sale	84	131.33	$11,031.72	13,713	4
2023-11-01	Sanders, William Reid	Director	-	Direct	Purchase	2,000	115.74	$231,480.00	28,627	4
2023-08-10	Sanders, William Reid	Director	-	Indirect	Purchase	1,000	144.77	$144,770.00	4,000	4
2023-08-08	Sanders, William Reid	Director	-	Direct	Purchase	2,000	144.84	$289,680.00	26,627	4
2023-08-07	Sanders, William Reid	Director	-	Direct	Purchase	3,000	146.82	$440,460.00	24,627	4
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Institutional Ownership

No data available for chart

2026-03-31

84.98%

Inst. Shares: 99,102,267

Shares Outstanding: 116,622,000

2025-12-31

92.85%

Inst. Shares: 108,593,825

Shares Outstanding: 116,954,000

2025-09-30

89.82%

Inst. Shares: 105,097,498

Shares Outstanding: 117,012,000

2025-06-30

92.79%

Inst. Shares: 108,544,675

Shares Outstanding: 116,976,000

2025-03-31

90.99%

Inst. Shares: 106,316,492

Shares Outstanding: 116,840,000

Date	Institutional Shares Owned	Shares Outstanding	Institutional Ownership %
2026-03-31	99,102,267	116,622,000	84.98%
2025-12-31	108,593,825	116,954,000	92.85%
2025-09-30	105,097,498	117,012,000	89.82%
2025-06-30	108,544,675	116,976,000	92.79%
2025-03-31	106,316,492	116,840,000	90.99%
2024-12-31	108,870,064	116,776,000	93.23%
2024-09-30	100,025,315	116,820,000	85.62%
2024-06-30	105,081,913	116,783,000	89.98%
2024-03-31	99,109,919	116,668,000	84.95%
2023-12-31	99,599,774	116,521,000	85.48%
2023-09-30	91,081,320	116,633,000	78.09%
2023-06-30	92,111,454	116,621,000	78.98%
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MID AMERICA APARTMENT COMMUNITIES INC. (MAA) — SEC Financial Statements & Analysis

MID AMERICA APARTMENT COMMUNITIES INC. (MAA) is a real estate investment trusts company, incorporated in TN. MID AMERICA APARTMENT COMMUNITIES INC. trades on NYSE as: MAA, MAA-PI. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), MID AMERICA APARTMENT COMMUNITIES INC. reported a 0.77% year-over-year revenue growth, a Gross Profit Margin of 91.35% (TTM), a Price-to-Sales (P/S) ratio of 6.28x (TTM), a Price-to-Book (P/B) ratio of 2.51x (TTM), at a market cap of $13.91B. Figures below are sourced from SEC EDGAR, as-filed.

Net Revenue TTM Growth 1Y: 0.77%
Gross Profit Margin TTM: 91.35%
P/S TTM: 6.28x
P/B TTM: 2.51x
Market Cap: $13.91B

Data as of 2026-03-31 · Source: SEC EDGAR

Frequently Asked Questions

What industry is MID AMERICA APARTMENT COMMUNITIES INC. in?

MID AMERICA APARTMENT COMMUNITIES INC. (MAA) operates in the Real Estate Investment Trusts industry.

What is MAA's market cap?

MID AMERICA APARTMENT COMMUNITIES INC. (MAA) has a market capitalization of $13.91B as of 2026-03-31.

What is MAA's P/E ratio?

MID AMERICA APARTMENT COMMUNITIES INC. (MAA)'s trailing twelve month P/E ratio is 35.70x as of 2026-03-31.

What exchange does MAA trade on?

MID AMERICA APARTMENT COMMUNITIES INC. (MAA) trades on the NYSE.

Where is MID AMERICA APARTMENT COMMUNITIES INC. incorporated?

MID AMERICA APARTMENT COMMUNITIES INC. is incorporated in TN.