What is Mid-Amer Apt Cmntys Inc's earnings per share (EPS)?

Mid-Amer Apt Cmntys Inc (MAA) reported diluted earnings per share of $3.78 for fiscal year 2025. This represents a -15.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Mid-Amer Apt Cmntys Inc Financials

MAA

Source SEC Filings (10-K/10-Q) Updated Mar 31, 2026 Currency USD FYE December

This page shows Mid-Amer Apt Cmntys Inc (MAA) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI MAA FY2025 2026-05-05

Stable property cash flow is being offset by rising financing and non-cash asset charges, pressuring reported earnings despite steady revenue.

Over the last two valid years, operating cash flow slipped only 5.2% while net income fell 19.2%. That gap tracks with higher interest expense and depreciation, implying the assets still convert rent into cash even as financing and non-cash charges take a larger share of reported profit.

Debt to equity moved from 0.9x to 1.1x over the last two years, showing asset growth is leaning more on liabilities than on retained equity. At the same time, return on assets eased to 3.7%, so the balance sheet is getting heavier without a matching lift in profit efficiency.

In the latest year, the company paid $709M of dividends against $1.08B of operating cash flow, so the payout was funded by recurring cash generation rather than by existing cash balances. But cash on hand stayed modest because that operating cash is also being recycled into ongoing investment, not stockpiled on the balance sheet.

Financial Health Signals

Financial Profile 24/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Mid-Amer Apt Cmntys Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Growth

Mid-Amer Apt Cmntys Inc's revenue grew a modest 0.8% year-over-year to $2.2B. This slow but positive growth earns a score of 36/100.

Leverage

Mid-Amer Apt Cmntys Inc carries a low D/E ratio of 1.08, meaning only $1.08 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 80/100, indicating a strong balance sheet with room for future borrowing.

Returns

Mid-Amer Apt Cmntys Inc's ROE of 7.9% shows moderate profitability relative to equity, earning a score of 30/100. This is down from 8.9% the prior year.

Piotroski F-Score Neutral

4/9

Mid-Amer Apt Cmntys Inc passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed

2.41x

For every $1 of reported earnings, Mid-Amer Apt Cmntys Inc generates $2.41 in operating cash flow ($1.1B OCF vs $446.9M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$2.2B

YoY+0.8%

5Y CAGR+5.7%

10Y CAGR+19.1%

Mid-Amer Apt Cmntys Inc generated $2.2B in revenue in fiscal year 2025. This represents an increase of 0.8% from the prior year.

EBITDA

N/A

Net Income

$446.9M

YoY-15.3%

5Y CAGR+11.9%

10Y CAGR+25.4%

Mid-Amer Apt Cmntys Inc reported $446.9M in net income in fiscal year 2025. This represents a decrease of 15.3% from the prior year.

EPS (Diluted)

$3.78

YoY-15.8%

5Y CAGR+11.5%

10Y CAGR+11.2%

Mid-Amer Apt Cmntys Inc earned $3.78 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 15.8% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$60.3M

YoY+40.1%

5Y CAGR+19.1%

10Y CAGR+0.5%

Mid-Amer Apt Cmntys Inc held $60.3M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

$6.08

YoY+2.5%

5Y CAGR+8.6%

10Y CAGR+9.1%

Mid-Amer Apt Cmntys Inc paid $6.08 per share in dividends in fiscal year 2025. This represents an increase of 2.5% from the prior year.

Shares Outstanding

117M

YoY-0.0%

5Y CAGR+0.4%

10Y CAGR+11.6%

Mid-Amer Apt Cmntys Inc had 117M shares outstanding in fiscal year 2025. This represents a decrease of 0.0% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

20.2%

YoY-3.8pp

5Y CAGR+5.0pp

10Y CAGR+8.2pp

Mid-Amer Apt Cmntys Inc's net profit margin was 20.2% in fiscal year 2025, showing the share of revenue converted to profit. This is down 3.8 percentage points from the prior year.

Return on Equity

7.9%

YoY-1.0pp

5Y CAGR+3.5pp

10Y CAGR+1.4pp

Mid-Amer Apt Cmntys Inc's ROE was 7.9% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 1.0 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$27.2M

10Y CAGR+26.7%

Mid-Amer Apt Cmntys Inc spent $27.2M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Capital Expenditures

N/A

MAA Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$2.2B+0.8%	$2.2B+2.0%	$2.1B+6.4%	$2.0B+13.6%	$1.8B+6.0%	$1.7B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$54.8M-3.0%	$56.5M-3.5%	$58.6M-0.4%	$58.8M+11.2%	$52.9M+12.9%	$46.9M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$185.3M+9.9%	$168.5M+12.9%	$149.2M-3.6%	$154.7M-1.4%	$156.9M-6.4%	$167.6M
Income Tax	$4.6M-12.3%	$5.2M+10.5%	$4.7M+176.4%	-$6.2M-145.5%	$13.6M+309.9%	$3.3M
Net Income	$446.9M-15.3%	$527.5M-4.6%	$552.8M-13.3%	$637.4M+19.4%	$533.8M+109.4%	$255.0M
EPS (Diluted)	$3.78-15.8%	$4.49-4.7%	$4.71-14.1%	$5.48+18.9%	$4.61+110.5%	$2.19

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	$553.7M-0.3%	$555.6M+0.2%	$554.4M+0.8%	$549.9M+0.1%	$549.3M-0.1%	$549.8M-0.2%	$551.1M+0.9%	$546.4M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$16.7M+20.7%	$13.8M+10.6%	$12.5M-2.2%	$12.8M-18.0%	$15.6M+11.0%	$14.1M+10.6%	$12.7M+0.4%	$12.7M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$51.4M+5.5%	$48.7M+5.3%	$46.3M+2.6%	$45.1M-0.1%	$45.2M+2.2%	$44.2M+3.4%	$42.7M+3.5%	$41.3M
Income Tax	$5.5M+363.6%	$1.2M-32.6%	$1.8M+194.3%	$600K-42.2%	$1.0M-40.9%	$1.8M+161.9%	$670K-34.3%	$1.0M
Net Income	$124.4M+116.0%	$57.6M-42.2%	$99.5M-7.9%	$108.1M-40.5%	$181.7M+9.0%	$166.6M+44.7%	$115.2M+13.0%	$102.0M
EPS (Diluted)	$1.06	N/A	$0.84-8.7%	$0.92-40.3%	$1.54	N/A	$0.98+14.0%	$0.86

MAA Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$12.0B+1.4%	$11.8B+2.9%	$11.5B+2.2%	$11.2B-0.4%	$11.3B+0.8%	$11.2B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$60.3M+40.1%	$43.0M+4.1%	$41.3M+6.9%	$38.7M-28.8%	$54.3M+115.5%	$25.2M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$6.1B+8.3%	$5.7B+9.2%	$5.2B+3.1%	$5.0B-1.4%	$5.1B+0.2%	$5.1B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$5.7B-4.7%	$5.9B-2.5%	$6.1B+1.5%	$6.0B+0.7%	$6.0B+1.6%	$5.9B
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$12.0B+0.2%	$12.0B+0.4%	$11.9B+0.8%	$11.8B+0.2%	$11.8B0.0%	$11.8B+0.5%	$11.8B+1.7%	$11.6B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$71.5M+18.7%	$60.3M+86.9%	$32.2M-40.8%	$54.5M-2.3%	$55.8M+29.7%	$43.0M-14.4%	$50.2M-20.1%	$62.8M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$6.3B+2.4%	$6.1B+3.8%	$5.9B+2.9%	$5.7B+1.6%	$5.7B-0.2%	$5.7B+1.1%	$5.6B+4.6%	$5.4B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$5.5B-2.2%	$5.7B-2.7%	$5.8B-1.2%	$5.9B-1.0%	$5.9B+0.1%	$5.9B-0.1%	$5.9B-0.9%	$6.0B
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

MAA Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$1.1B-1.8%	$1.1B-3.4%	$1.1B+7.4%	$1.1B+18.3%	$895.0M+8.6%	$823.9M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$690.2M+16.4%	-$825.5M-6.5%	-$775.3M-91.3%	-$405.2M-59.8%	-$253.6M+47.7%	-$484.7M
Financing Cash Flow	-$370.7M-36.7%	-$271.1M+26.3%	-$367.9M+49.1%	-$722.8M-32.3%	-$546.4M-46.0%	-$374.1M
Dividends Paid	$709.0M+3.2%	$686.9M+5.4%	$651.7M+20.8%	$539.6M+14.7%	$470.4M+2.9%	$457.4M
Share Buybacks	$27.2M	$0	$0	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	$149.6M-42.8%	$261.7M-1.8%	$266.4M-24.6%	$353.4M+79.8%	$196.6M-17.8%	$239.1M-22.7%	$309.5M-11.4%	$349.4M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$122.6M+38.0%	-$197.5M+22.3%	-$254.4M-43.8%	-$176.9M-188.1%	-$61.4M+64.7%	-$173.9M+46.0%	-$321.8M-35.9%	-$236.8M
Financing Cash Flow	-$16.2M+55.1%	-$36.1M-5.4%	-$34.2M+80.7%	-$177.9M-45.2%	-$122.5M-69.0%	-$72.5M-33317.5%	-$217K+99.8%	-$104.1M
Dividends Paid	$178.9M+0.8%	$177.4M0.0%	$177.4M+0.1%	$177.2M0.0%	$177.1M+3.1%	$171.8M0.0%	$171.8M0.0%	$171.7M
Share Buybacks	$72.8M	N/A	N/A	N/A	$0	N/A	N/A	N/A

MAA Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	20.2%-3.8pp	24.1%-1.6pp	25.7%-5.8pp	31.6%+1.5pp	30.0%+14.8pp	15.2%
Return on Equity	7.9%-1.0pp	8.9%-0.2pp	9.1%-1.5pp	10.6%+1.7pp	8.9%+4.6pp	4.3%
Return on Assets	3.7%-0.7pp	4.5%-0.3pp	4.8%-0.9pp	5.7%+0.9pp	4.7%+2.5pp	2.3%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	1.08+0.1	0.95+0.1	0.85+0.0	0.84-0.0	0.86-0.0	0.87
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	22.5%+12.1pp	10.4%-7.6pp	18.0%-1.7pp	19.7%-13.4pp	33.1%+2.8pp	30.3%+9.4pp	20.9%+2.2pp	18.7%
Return on Equity	2.2%+1.2pp	1.0%-0.7pp	1.7%-0.1pp	1.8%-1.2pp	3.0%+0.2pp	2.8%+0.9pp	1.9%+0.2pp	1.7%
Return on Assets	1.0%+0.6pp	0.5%-0.4pp	0.8%-0.1pp	0.9%-0.6pp	1.5%+0.1pp	1.4%+0.4pp	1.0%+0.1pp	0.9%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	1.13+0.1	1.08+0.1	1.02+0.0	0.98+0.0	0.950.0	0.95+0.0	0.94+0.0	0.89
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

What is Mid-Amer Apt Cmntys Inc's annual revenue?

Mid-Amer Apt Cmntys Inc (MAA) reported $2.2B in total revenue for fiscal year 2025. This represents a 0.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Mid-Amer Apt Cmntys Inc's revenue growing?

Mid-Amer Apt Cmntys Inc (MAA) revenue grew by 0.8% year-over-year, from $2.2B to $2.2B in fiscal year 2025.

Is Mid-Amer Apt Cmntys Inc profitable?

Yes, Mid-Amer Apt Cmntys Inc (MAA) reported a net income of $446.9M in fiscal year 2025, with a net profit margin of 20.2%.

What is Mid-Amer Apt Cmntys Inc's net profit margin?

Mid-Amer Apt Cmntys Inc (MAA) had a net profit margin of 20.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Mid-Amer Apt Cmntys Inc pay dividends?

Yes, Mid-Amer Apt Cmntys Inc (MAA) paid $6.08 per share in dividends during fiscal year 2025.

What is Mid-Amer Apt Cmntys Inc's return on equity (ROE)?

Mid-Amer Apt Cmntys Inc (MAA) has a return on equity of 7.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Mid-Amer Apt Cmntys Inc's operating cash flow?

Mid-Amer Apt Cmntys Inc (MAA) generated $1.1B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Mid-Amer Apt Cmntys Inc's total assets?

Mid-Amer Apt Cmntys Inc (MAA) had $12.0B in total assets as of fiscal year 2025, including both current and long-term assets.

Does Mid-Amer Apt Cmntys Inc buy back shares?

Yes, Mid-Amer Apt Cmntys Inc (MAA) spent $27.2M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Mid-Amer Apt Cmntys Inc have outstanding?

Mid-Amer Apt Cmntys Inc (MAA) had 117M shares outstanding as of fiscal year 2025.

What is Mid-Amer Apt Cmntys Inc's debt-to-equity ratio?

Mid-Amer Apt Cmntys Inc (MAA) had a debt-to-equity ratio of 1.08 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Mid-Amer Apt Cmntys Inc's return on assets (ROA)?

Mid-Amer Apt Cmntys Inc (MAA) had a return on assets of 3.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Mid-Amer Apt Cmntys Inc's Piotroski F-Score?

Mid-Amer Apt Cmntys Inc (MAA) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Mid-Amer Apt Cmntys Inc's earnings high quality?

Mid-Amer Apt Cmntys Inc (MAA) has an earnings quality ratio of 2.41x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Mid-Amer Apt Cmntys Inc?

Mid-Amer Apt Cmntys Inc (MAA) scores 24 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.