Mid-America Apartment Communities (MAA)

NYSE Real Estate Multi-Family Residential REITs S&P 500
$118.93
-2.76 (-2.27%)
Close of Nov 06, 2026 · end-of-day data
Source: Mid-America Apartment Communities's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD
Fiscal yearFY2012FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$446.55M$1.53B$1.57B$1.64B$1.68B$1.78B$2.02B$2.15B$2.19B$2.21B
Operating income$115.88M—————————
Interest expense$52.25M$154.75M$173.59M$179.85M$167.56M$156.88M$154.75M$149.23M$168.54M$185.26M
Pre-tax income$60.23M$341.79M$231.80M$368.66M$265.84M$563.13M$646.99M$570.85M$544.87M$459.09M
Income tax—$2.62M$2.61M$3.70M$3.33M$13.64M-$6.21M$4.74M$5.24M$4.59M
Net income$98.74M$328.38M$222.90M$353.81M$254.96M$533.79M$637.44M$552.81M$527.54M$446.91M
EBITDA$236.19M—————————
EPS (basic)$2.56$2.86$1.93$3.07$2.20$4.62$5.49$4.71$4.49$3.79
EPS (diluted)$2.56$2.86$1.93$3.07$2.19$4.61$5.48$4.71$4.49$3.78
Diluted shares42.94M113.69M113.84M114.11M114.50M115.04M115.58M116.64M116.78M117.15M
Operating margin25.9%—————————
Net margin22.1%21.5%14.2%21.6%15.2%30.0%31.6%25.7%24.1%20.2%

Balance sheet

fiscal years · USD
Fiscal yearFY2012FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$9.07M$10.75M$34.26M$20.48M$25.20M$54.30M$38.66M$41.31M$43.02M$60.26M
Goodwill$4.11M—————————
Total assets$2.75B—$11.32B$11.23B$11.19B$11.29B$11.24B$11.48B$11.81B$11.98B
Total liabilities$1.80B—$4.94B$4.93B$5.09B$5.10B$5.03B$5.19B$5.66B$6.14B
Shareholders' equity$914.05M$6.57B$6.15B$6.07B$5.87B$5.97B$6.01B$6.09B$5.94B$5.66B

Cash flow

fiscal years · USD
Fiscal yearFY2012FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$191.82M$660.80M$734.29M$781.42M$823.95M$894.97M$1.06B$1.14B$1.10B$1.08B
Capital expenditures$25.16M$343.89M$254.72M$190.20M$225.51M$279.63M$296.18M$341.22M$322.37M$360.24M
Free cash flow$166.66M$316.91M$479.58M$591.22M$598.44M$615.33M$762.30M$795.96M$775.92M$717.94M
Investing cash flow-$303.29M-$294.21M-$366.35M-$238.27M-$484.73M-$253.59M-$405.24M-$775.26M-$825.50M-$690.22M
Financing cash flow$63.21M-$399.52M-$405.14M-$524.28M-$374.14M-$546.40M-$722.77M-$367.90M-$271.12M-$370.74M
Dividends paid$107.75M$395.29M$419.85M$437.74M$457.36M$470.40M$539.61M$651.72M$686.90M$709.02M
Share buybacks$1.99M——————$0$0$27.23M
Stock-based compensation$2.00M$10.57M$12.44M$13.65M$14.33M$16.66M$18.80M$15.70M$15.79M$16.84M
Depreciation & amortization$120.32M$494.54M$491.00M$497.79M$511.68M$534.41M$544.00M$565.86M$586.40M$622.97M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.