Mid-America Apartment Communities (MAA)
Owns, operates and develops apartments across the Southeast, Southwest and Mid-Atlantic.
$119.15
After-hours close−0.01 (−0.01%)
At close$119.16(+0.25%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 542 | 542 | 544 | 546 | 551 | 550 | 549 | 550 | 554 | 556 | 554 | 555 |
| Cost of revenue | 362 | 350 | 361 | 368 | 376 | 373 | 374 | 386 | 391 | 355 | 206 | 219 |
| Gross profit | 180 | 192 | 183 | 178 | 176 | 176 | 175 | 164 | 163 | 200 | 348 | 336 |
| 14 | 15 | 17 | 13 | 13 | 14 | 16 | 13 | 13 | 43 | 201 | 196 | |
| 14 | 15 | 17 | 13 | 13 | 14 | 16 | 13 | 13 | 14 | 39 | 33 | |
| General & administrative | 14 | 15 | 17 | 13 | 13 | 14 | 16 | 13 | 13 | 14 | 39 | 33 |
| Other expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 29 | 162 | 163 |
| Operating income | 166 | 177 | 166 | 166 | 163 | 162 | 159 | 151 | 151 | 158 | 147 | 141 |
| −53 | −11 | −17 | −61 | −44 | 10 | 28 | −40 | −47 | −99 | −15 | −16 | |
| Interest expense | 37 | 39 | 40 | 41 | 43 | 44 | 45 | 45 | 46 | 49 | 51 | 53 |
| Other non-operating income | 17 | −27 | −24 | 19 | 2 | −54 | −73 | −5 | 1 | 51 | −36 | −37 |
| Income before tax | 113 | 166 | 149 | 105 | 118 | 172 | 187 | 111 | 104 | 58 | 132 | 125 |
| Income tax expense | 0 | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 2 | 1 | 6 | 0 |
| Net income from continuing operations | 113 | 164 | 147 | 104 | 118 | 171 | 186 | 110 | 102 | 57 | 126 | 125 |
| Other adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | 111 | 160 | 144 | 102 | 115 | 167 | 182 | 108 | 100 | 58 | 124 | 122 |
| EPS, basic | $0.94 | $1.37 | $1.22 | $0.86 | $0.98 | $1.42 | $1.55 | $0.92 | $0.84 | $0.48 | $1.06 | $1.04 |
| EPS, diluted | $0.94 | $1.37 | $1.22 | $0.86 | $0.98 | $1.42 | $1.54 | $0.92 | $0.84 | $0.48 | $1.06 | $1.04 |
| Weighted average shares, basic | 117 | 117 | 117 | 117 | 117 | 117 | 117 | 117 | 117 | 117 | 116 | 116 |
| Weighted average shares, diluted | 117 | 117 | 117 | 117 | 117 | 117 | 117 | 117 | 117 | 117 | 116 | 116 |
| EBITDA | 297 | 345 | 333 | 292 | 308 | 368 | 385 | 310 | 307 | 267 | 345 | 341 |
| Depreciation & amortization | 147 | 141 | 143 | 145 | 147 | 151 | 153 | 154 | 157 | 160 | 162 | 163 |
| EBIT | 150 | 204 | 189 | 146 | 161 | 216 | 232 | 156 | 150 | 107 | 183 | 178 |
