MAA
Mid-America Apartment Communities, Inc.
NYSE · USReal EstateREIT - Residential
$133.71+0.56%
Price as of Jul 20, 2026
MAA financials
Mid-America Apartment Communities, Inc. financial statements
Annual and quarterly income statement, balance sheet and cash-flow history. On small screens, start with four periods and expand the table when needed.
| Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | $2.2B | $2.2B | $2.1B | $2.0B |
| Cost of revenue | $1.5B | $1.5B | $1.4B | $1.3B |
| Gross profit | $703.1M | $713.3M | $747.5M | $687.7M |
| Operating expenses | $83.6M | $56.5M | $58.6M | $58.8M |
| Operating income | $619.4M | $656.8M | $688.9M | $628.9M |
| Net income | $446.9M | $527.5M | $552.8M | $637.4M |
| EBITDA | $1.3B | $1.3B | $1.3B | $1.3B |
| Basic EPS | $3.79 | $4.49 | $4.71 | $5.49 |
| Diluted EPS | $3.78 | $4.49 | $4.71 | $5.48 |
| Balance sheet | ||||
| Cash & equivalents | $60.3M | $43.0M | $41.3M | $38.7M |
| Total assets | $12.0B | $11.8B | $11.5B | $11.2B |
| Total liabilities | $6.1B | $5.7B | $5.2B | $5.0B |
| Stockholders’ equity | $5.7B | $6.0B | $6.1B | $6.0B |
| Total debt | $5.4B | $5.0B | $4.6B | $4.4B |
| Net debt | $5.3B | $5.0B | $4.5B | $4.4B |
| Cash flow | ||||
| Operating cash flow | $1.1B | $1.1B | $1.1B | $1.1B |
| Capital expenditure | -$360.2M | -$322.4M | -$341.2M | -$296.2M |
| Free cash flow | $717.9M | $775.9M | $796.0M | $762.3M |
| Dividends paid | -$712.7M | -$690.6M | -$655.4M | -$543.3M |
| Share repurchases | -$27.2M | $0.00 | $0.00 | $0.00 |