Mid-America Apartment Communities, Inc. (MAA)
NYSE: MAA · Real-Time Price · USD
132.79
-1.62 (-1.21%)
At close: Mar 6, 2026, 4:00 PM EST
132.48
-0.31 (-0.23%)
After-hours: Mar 6, 2026, 5:00 PM EST

MAA Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 2020 - 2016
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 2020 - 2016
Rental Revenue
2,2092,1912,1482,0201,778
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Total Revenue
2,2092,1912,1482,0201,778
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Revenue Growth (YoY
0.83%1.98%6.37%13.60%5.96%
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Property Expenses
912.59892.13835.93789.16726.9
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Selling, General & Administrative
54.8156.5258.5858.8352.88
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Depreciation & Amortization
622.3585.62565.06543533.43
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Total Operating Expenses
1,5901,5341,4601,3911,313
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Operating Income
619.44656.75688.9628.88464.87
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Interest Expense
-185.26-168.54-149.23-154.75-156.88
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Income (Loss) on Equity Investments
8.5815.053.33-33.821.21
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Other Non-Operating Income
-3.81-22.1422.242.69-17.81
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EBT Excluding Unusual Items
438.95481.12565.23443291.39
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Gain (Loss) on Sale of Investments
7.4610.817.35-1051.71
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Gain (Loss) on Sale of Assets
72.0755-0.01215.57221.24
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Total Insurance Settlements
4.69.33---
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Total Legal Settlements
-61.91-9.44---
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Pretax Income
461.16546.82572.58648.57564.34
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Income Tax Expense
4.65.244.74-6.2113.64
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Earnings From Continuing Operations
456.57541.58567.83654.78550.7
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Minority Interest in Earnings
-9.66-14.03-15.03-17.34-16.91
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Net Income
446.91527.54552.81637.44533.79
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Preferred Dividends & Other Adjustments
3.933.763.914.134.23
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Net Income to Common
442.98523.78548.89633.31529.56
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Net Income Growth
-15.29%-4.57%-13.28%19.42%109.36%
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Basic Shares Outstanding
117117117115115
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Diluted Shares Outstanding
117117117116115
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Shares Change (YoY)
0.32%0.11%0.92%0.47%0.47%
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EPS (Basic)
3.794.494.715.494.62
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EPS (Diluted)
3.784.494.715.484.61
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EPS Growth
-15.65%-4.72%-14.14%18.99%109.98%
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Dividend Per Share
6.0605.8805.6004.6804.100
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Dividend Growth
3.06%5.00%19.66%14.15%2.50%
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Operating Margin
28.04%29.98%32.06%31.14%26.14%
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Profit Margin
20.05%23.91%25.55%31.35%29.78%
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EBITDA
1,2421,2431,2551,173999.28
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EBITDA Margin
56.24%56.74%58.40%58.07%56.20%
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D&A For Ebitda
622.97586.4565.86544534.42
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EBIT
619.44656.75688.9628.88464.87
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EBIT Margin
28.04%29.98%32.06%31.14%26.14%
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Funds From Operations (FFO)
998.251,052---
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FFO Per Share
8.328.77---
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Adjusted Funds From Operations (AFFO)
913.01952.76---
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AFFO Per Share
7.617.94---
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FFO Payout Ratio
71.03%65.28%---
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Effective Tax Rate
1.00%0.96%0.83%-2.42%
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Source: S&P Capital IQ. Real Estate template. Financial Sources.