MAA Mid-America Apartment Communities, Inc.

Price (delayed)

$125.53

Market cap

$14.36B

P/E Ratio

45.15

Dividend/share

$4

EPS

$2.78

Enterprise value

$18.75B

Sector: Real Estate
Industry: REIT - Residential
Mid-America Apartment Communities, Inc. is a real estate investment trust. The firm engages in the operation, acquisition and development of apartment communities. It operates through the following segments: Same Store Communities and Non-Same Store and Other. The Same Store Communities segment focuses on communities that the company has owned. The Non-Same Store and Other segment include recent acquisitions, communities in development or lease-up. The company was founded in 1994 and is headquartered in Memphis, TN.

Highlights

The revenue has increased by 3% year-on-year
MAA's gross profit is up by 2.8% year-on-year
The EPS has increased by 21% year-on-year but it has declined by 5% since the previous quarter
Mid America Apartment Communities's net income has increased by 21% YoY but it has decreased by 6% QoQ
MAA's P/E is 13% above its 5-year quarterly average of 40.1 and 13% above its last 4 quarters average of 40.1

Key stats

What are the main financial stats of MAA
Market
Shares outstanding
114.37M
Market cap
$14.36B
Enterprise value
$18.75B
Valuations
Price to earnings (P/E)
45.15
Price to book (P/B)
2.43
Price to sales (P/S)
8.59
EV/EBIT
37.89
EV/EBITDA
18.71
EV/Sales
11.22
Earnings
Revenue
$1.67B
EBIT
$494.93M
EBITDA
$1B
Free cash flow
$344.91M
Per share
EPS
$2.78
Free cash flow per share
$3.02
Book value per share
$51.62
Revenue per share
$14.61
TBVPS
$97.31
Balance sheet
Total assets
$11.13B
Total liabilities
$5B
Debt
$4.43B
Equity
$5.9B
Working capital
N/A
Liquidity
Debt to equity
0.75
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
4.39
Margins
EBITDA margin
60%
Gross margin
32%
Net margin
19.2%
Operating margin
26%
Efficiency
Return on assets
2.8%
Return on equity
5.3%
Return on invested capital
3.2%
Return on capital employed
N/A
Return on sales
29.6%
Dividend
Dividend yield
3.19%
DPS
$4
Payout ratio
143.9%

MAA stock price

How has the Mid America Apartment Communities stock price performed over time
Intraday
-0.5%
1 week
-0.28%
1 month
7.63%
1 year
-7.77%
YTD
-4.8%
QTD
8.26%

Financial performance

How have Mid America Apartment Communities's revenue and profit performed over time
Revenue
$1.67B
Gross profit
$534.21M
Operating income
$434.89M
Net income
$321.21M
Gross margin
32%
Net margin
19.2%
Mid America Apartment Communities's net income has increased by 21% YoY but it has decreased by 6% QoQ
The net margin has grown by 17% YoY but it has contracted by 6% from the previous quarter
The revenue has increased by 3% year-on-year
MAA's gross profit is up by 2.8% year-on-year

Growth

What is Mid America Apartment Communities's growth rate over time

Valuation

What is Mid America Apartment Communities stock price valuation
P/E
45.15
P/B
2.43
P/S
8.59
EV/EBIT
37.89
EV/EBITDA
18.71
EV/Sales
11.22
The EPS has increased by 21% year-on-year but it has declined by 5% since the previous quarter
MAA's P/E is 13% above its 5-year quarterly average of 40.1 and 13% above its last 4 quarters average of 40.1
MAA's P/B is 16% above its 5-year quarterly average of 2.1 and 10% above its last 4 quarters average of 2.2
The price to sales (P/S) is 12% higher than the 5-year quarterly average of 7.7 and 7% higher than the last 4 quarters average of 8.0
The revenue has increased by 3% year-on-year

Efficiency

How efficient is Mid America Apartment Communities business performance
MAA's return on equity is up by 23% year-on-year but it is down by 5% since the previous quarter
Mid America Apartment Communities's ROA has increased by 22% YoY but it has decreased by 7% from the previous quarter
The ROIC has increased by 10% YoY but it has decreased by 3% from the previous quarter
The return on sales has increased by 7% year-on-year but it has declined by 4.8% since the previous quarter

Dividends

What is MAA's dividend history
DPS
$4
Dividend yield
3.19%
Payout ratio
143.9%
Recent dividends

Financial health

How did Mid America Apartment Communities financials performed over time
Mid America Apartment Communities's total assets is 123% more than its total liabilities
The debt is 25% less than the equity

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.