MAA Mid-America Apartment Communities margins

Relative Growth: Rel. Growth:
Relative Strength: Rel. Strength:
Relative Valuation: Rel. Valuation:
Relative Profitability: Rel. Profitability: 46
Gross margin
32.4%
Operating margin
26.3%
EBITDA margin
56.4%
Net margin
17.4%

Recent Mid-America Apartment Communities shows a gross margin of 32.4%, an operating margin of 26.3%, an EBITDA margin of 56.4%, and a net margin of 17.4%. All reported margins declined year over year, led by net margin with a decline of 7.8 percentage points.

MAA margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Mid-America Apartment Communities's margins averaged 35.16% gross, 29.23% operating, 58.55% EBITDA, and 22.81% net. All four current margins are below their three-year averages.

MAA margin expansion

Year-over-year margin changes in percentage points

Net margin led the decline, falling by 7.8 percentage points, while the other available margins also decreased.

Gross margin expansion
-1.8pp
Operating margin expansion
-2pp
EBITDA margin expansion
-5.1pp
Net margin expansion
-7.8pp

MAA Gross margin

Over the last 3 years, the average gross margin for Mid-America Apartment Communities was 35.16%. The latest gross margin for Mid-America Apartment Communities is 32.4%, 2.8 percentage points below its three-year average. Mid-America Apartment Communities's gross margin ranged from a low of 32.4% in Sep 2026 to a high of 37.9% in Dec 2023.

MAA Operating margin

Across the last 3 years, Mid-America Apartment Communities's operating margin averaged 29.23%. The current operating margin of 26.3% is 2.9 percentage points below its three-year average. Operating margin was highest at 32.1% in Dec 2023 and lowest at 26.3% in Sep 2026.

MAA EBITDA margin

In the last 3 years, Mid-America Apartment Communities had an average EBITDA margin of 58.55%. Against its three-year average, Mid-America Apartment Communities's EBITDA margin is currently 56.4%, 2.2 percentage points below its three-year average. Looking back over the last 3 years, Mid-America Apartment Communities's EBITDA margin reached 61.7% at its highest point in Jun 2025 and 55.2% at its lowest in Mar 2026.

MAA Net margin

Mid-America Apartment Communities recorded an average net margin of 22.81% across the last 3 years. Mid-America Apartment Communities currently reports a net margin of 17.4%, 5.4 percentage points below its three-year average. Net margin was highest at 26% in Jun 2025 and lowest at 17.4% in Sep 2026.

MAA margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 32.4%, MAA is below the Real Estate sector and the industry average. Compared to its Real Estate sector average of 62.7%, Mid-America Apartment Communities's gross margin is 48% lower.

MAA margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Mid-America Apartment Communities's gross margin?

The current gross margin for MAA is 32.4% as of Sep 30, 2026.

What is Mid-America Apartment Communities's operating margin?

For the period ending Sep 30, 2026, MAA recorded an operating margin of 26.3%.

What is Mid-America Apartment Communities's EBITDA margin?

As of Sep 30, 2026, MAA has an EBITDA margin of 56.4%.

What is Mid-America Apartment Communities's net margin?

As of Sep 30, 2026, MAA has a net margin of 17.4%.

What are the average margins of MAA?

Mid-America Apartment Communities's average margins over the last 3 years were 35.2% gross, 29.2% operating, 58.6% EBITDA, and 22.8% net.

What are the highest historical margins of MAA?

Mid-America Apartment Communities's highest recorded margins during the past 5 years were 38.4% gross in Jun 2023, 32.5% operating in Jun 2023, 71.2% EBITDA in Mar 2022, and 32.7% net in Mar 2022.

What are the lowest historical margins of MAA?

Mid-America Apartment Communities's lowest recorded margins during the past 5 years were 32.3% gross in Dec 2021, 26.1% operating in Dec 2021, 55.2% EBITDA in Mar 2026, and 17.4% net in Sep 2026.