Mid-America Apartment Communities, Inc. (MAA) Financial Statements
Historical financial data — 30 statements covering FY2019–FY2025
Mid-America Apartment Communities Inc is a multifamily-focused, self-administered and self-managed real estate investment trust. The company owns, operates, acquires and selectively develops apartm...
Mid-America Apartment Communities, Inc.'s revenue increased 0.8% year over year, from $2.19B to $2.21B.
Net income decreased 15.4% over the same period, from $523.8M to $443.0M.
Over the 6-year period from FY2019 to FY2025, revenue grew by 35% in total.
Total debt increased by 8.4% to $5.43B.
The debt-to-equity ratio stands at 0.93, indicating a moderate leverage profile.
Operating cash flow declined 1.8% to $1.08B.
Mid-America Apartment Communities, Inc. maintains a strong net profit margin of 20.1%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|
| Q3 FY2024 | $551.1M+0.9% | $114.2M | $309.5M | $11.76B | $4.90B | $6.13B |
| Q4 FY2024 | $549.8M-0.2% | $165.8M | $239.1M | $11.81B | $5.01B | $6.13B |
| Q1 FY2025 | $549.3M-0.1% | $180.7M | $196.6M | $11.81B | $5.07B | $6.13B |
| Q2 FY2025 | $549.9M+0.1% | $107.1M | $353.4M | $11.84B | $5.07B | $6.07B |
| Q3 FY2025 | $554.4M+0.8% | $101.5M | $266.4M | $11.93B | N/A | $5.82B |
| Q4 FY2025 | $555.6M+0.2% | $53.6M | $261.7M | $11.98B | $5.43B | $5.82B |
| Q1 FY2026 | $553.7M-0.3% | $124.4M | $149.6M | N/A | N/A | N/A |
| Q2 FY2026 | $555.1M+0.3% | $121.8M | $332.9M | N/A | N/A | N/A |
Balance Sheet Summary (FY2025)
Mid-America Apartment Communities, Inc. (MAA) Financial Statements & Revenue History
Mid-America Apartment Communities, Inc. (MAA) is a US-listed stock operating in the Real Estate sector, specifically the Real Estate Investment Trusts industry trading at $116.63 with a market capitalization of $14. This page provides 30 historical financial statements for Mid-America Apartment Communities, Inc., including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, Mid-America Apartment Communities, Inc. reported revenue of $2.2 billion, representing 0.8% year-over-year growth. The net profit margin of 20.1% reflects strong profitability. The debt-to-equity ratio of 0.93 reflects moderate leverage.
MAA Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows Mid-America Apartment Communities, Inc.'s revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether MAA is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track MAA's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently Mid-America Apartment Communities, Inc. converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of MAA's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use MAA Financial Data
Investors use Mid-America Apartment Communities, Inc.'s financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare MAA's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how MAA's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View MAA's financial health score, earnings, and pre-market pricing.
Financial data is sourced from Mid-America Apartment Communities, Inc.'s SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.MAA trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.