# MID America Apartment Communities Inc.: overview

MAA · NYSE · CIK 912595 · [Real estate](/sectors/real-estate.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/maa.md) · [Financials](/companies/maa/financials.md) · [Filings](/companies/maa/filings.md) · [Insiders](/companies/maa/insiders.md)

Latest reported revenue: [$553.7m](/filings/0001193125-26-197331.md) for Q1 FY2026, three months to 2026-03-31, from the 10-Q filed Apr 30, 2026 (XBRL us-gaap:Revenues, accession 0001193125-26-197331).

## Last eight quarters

| Line item | Unit | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [546](/filings/0000950170-25-100919.md) | [551](/filings/0001193125-25-258570.md) | [550 d](/filings/0001193125-26-041208.md) | [549](/filings/0001193125-26-197331.md) | [550](/filings/0000950170-25-100919.md) | [554](/filings/0001193125-25-258570.md) | [556 d](/filings/0001193125-26-041208.md) | [554](/filings/0001193125-26-197331.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [18.7%](/filings/0000950170-25-100919.md) | [20.9%](/filings/0001193125-25-258570.md) | [30.3% d](/filings/0001193125-26-041208.md) | [33.1%](/filings/0001193125-26-197331.md) | [19.7%](/filings/0000950170-25-100919.md) | [18.0%](/filings/0001193125-25-258570.md) | [10.4% d](/filings/0001193125-26-041208.md) | [22.5%](/filings/0001193125-26-197331.md) |
| Diluted EPS | $ per share | [0.86](/filings/0000950170-25-100919.md) | [0.98](/filings/0001193125-25-258570.md) | not reported | [1.54](/filings/0001193125-26-197331.md) | [0.92](/filings/0000950170-25-100919.md) | [0.84](/filings/0001193125-25-258570.md) | not reported | [1.06](/filings/0001193125-26-197331.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities. Derived values: 6-month figure less the 3-month figure; 9-month figure less the 6-month figure; 12-month figure less the 9-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [1,778](/filings/0000950170-24-013275.md) | [2,020](/filings/0000950170-25-016287.md) | [2,148](/filings/0001193125-26-041208.md) | [2,191](/filings/0001193125-26-041208.md) | [2,209](/filings/0001193125-26-041208.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [30.0%](/filings/0000950170-24-013275.md) | [31.6%](/filings/0000950170-25-016287.md) | [25.7%](/filings/0001193125-26-041208.md) | [24.1%](/filings/0001193125-26-041208.md) | [20.2%](/filings/0001193125-26-041208.md) |
| Diluted EPS | $ per share | [4.61](/filings/0000950170-24-013275.md) | [5.48](/filings/0000950170-25-016287.md) | [4.71](/filings/0001193125-26-041208.md) | [4.49](/filings/0001193125-26-041208.md) | [3.78](/filings/0001193125-26-041208.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/maa/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $1.82bn | 13,103,935 |  | Added +73,326 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $1.38bn | 9,929,114 |  | Added +21,787 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $1.10bn | 7,932,427 |  | Reduced −72,104 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $1.06bn | 7,611,715 |  | Added +16,445 |
| [NORGES BANK](/funds/1374170.md) | 2026-06-30 | $757.6m | 5,452,477 |  | New +5,452,477 |
| [VIKING GLOBAL INVESTORS LP](/funds/1103804.md) | 2026-06-30 | $700.7m | 5,043,318 |  | Added +244,914 |
| [AQR CAPITAL MANAGEMENT LLC](/funds/1167557.md) | 2026-06-30 | $523.8m | 3,769,982 |  | Added +2,991,466 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $490.0m | 3,538,997 |  | Added +42,408 |
| [APG Asset Management US Inc.](/funds/1323255.md) | 2026-06-30 | $432.4m | 3,089,712 |  | Unchanged |
| [Invesco Ltd.](/funds/914208.md) | 2026-06-30 | $329.2m | 2,369,220 |  | Reduced −61,361 |

## Recent filings

[All 1,755 filings](/companies/maa/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-29 | 16:15 ET | [10-Q](/filings/0001193125-26-437813.md) | Quarterly report, period 2026-09-30 | 0001193125-26-437813 |
| 2026-10-28 | 16:15 ET | [8-K](/filings/0001193125-26-436173.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001193125-26-436173 |
| 2026-09-09 | 17:17 ET | [8-K](/filings/0001193125-26-386623.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001193125-26-386623 |
| 2026-08-28 | 07:30 ET | [8-K](/filings/0001193125-26-372238.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001193125-26-372238 |
| 2026-08-04 | 16:15 ET | [8-K](/filings/0001193125-26-332847.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001193125-26-332847 |
| 2026-07-30 | 16:15 ET | [10-Q](/filings/0001193125-26-326153.md) | Quarterly report, period 2026-06-30 | 0001193125-26-326153 |
| 2026-07-30 | 07:12 ET | [8-K](/filings/0001193125-26-324880.md) | 7.01 Regulation FD disclosure | 0001193125-26-324880 |
| 2026-07-29 | 16:15 ET | [8-K](/filings/0001193125-26-323756.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001193125-26-323756 |
| 2026-06-25 | 16:15 ET | [8-K](/filings/0001193125-26-282807.md) | 1.01 Entry into a material agreement; 9.01 Financial statements and exhibits | 0001193125-26-282807 |
| 2026-06-01 | 16:20 ET | [8-K](/filings/0001193125-26-251471.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001193125-26-251471 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001193125-26-041208.md), filed Feb 6, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 912595
- Tickers: MAA
- Exchange: NYSE
- SIC code: 6798 Real Estate Investment Trusts
- State of incorporation: TN
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 29, 2026, 17:47 ET. No prices; not investment advice.