MAA Mid America Apartment Communities Inc

Price (delayed)

$133.91

Market cap

$15.32B

P/E Ratio

60.87

Dividend/share

$4.03

EPS

$2.2

Enterprise value

$19.84B

Sector: Real Estate
Industry: REIT - Residential

Mid-America Apartment Communities is a publicly traded real estate investment trust based in Memphis, Tennessee that invests in apartments in the Southeastern United States and the Southwestern United States. As ...

Highlights

The revenue has increased by 2.3% year-on-year
MAA's P/E is 45% above its 5-year quarterly average of 42.0 and 39% above its last 4 quarters average of 43.7
The EPS has declined by 28% year-on-year and by 21% since the previous quarter

Key stats

What are the main financial stats of MAA
Market
Shares outstanding
114.39M
Market cap
$15.32B
Enterprise value
$19.84B
Valuations
Price to earnings (P/E)
60.87
Price to book (P/B)
2.61
Price to sales (P/S)
9.13
EV/EBIT
46.6
EV/EBITDA
21.17
EV/Sales
11.83
Earnings
Revenue
$1.68B
EBIT
$425.85M
EBITDA
$937.53M
Free cash flow
$340.04M
Per share
EPS
$2.2
Free cash flow per share
$2.97
Book value per share
$51.34
Revenue per share
$14.67
TBVPS
$97.88
Balance sheet
Total assets
$11.19B
Total liabilities
$5.09B
Debt
$4.56B
Equity
$5.87B
Working capital
N/A
Liquidity
Debt to equity
0.78
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
4.83
Margins
EBITDA margin
55.9%
Gross margin
31.4%
Net margin
15.2%
Operating margin
25.5%
Efficiency
Return on assets
2.3%
Return on equity
4.2%
Return on invested capital
2.7%
Return on capital employed
N/A
Return on sales
25.4%
Dividend
Dividend yield
3.01%
DPS
$4.03
Payout ratio
183%

MAA stock price

How has the Mid America Apartment Communities stock price performed over time
Intraday
0.91%
1 week
-0.61%
1 month
-0.6%
1 year
-7.5%
YTD
5.7%
QTD
5.7%

Financial performance

How have Mid America Apartment Communities's revenue and profit performed over time
Revenue
$1.68B
Gross profit
$526.67M
Operating income
$427.51M
Net income
$254.96M
Gross margin
31.4%
Net margin
15.2%
The net margin has contracted by 30% YoY and by 21% from the previous quarter
Mid America Apartment Communities's net income has decreased by 28% YoY and by 21% QoQ
The company's operating margin fell by 3.4% YoY
Mid America Apartment Communities's gross margin has decreased by 3.1% YoY

Growth

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

Valuation

What is Mid America Apartment Communities stock price valuation
P/E
60.87
P/B
2.61
P/S
9.13
EV/EBIT
46.6
EV/EBITDA
21.17
EV/Sales
11.83
MAA's P/E is 45% above its 5-year quarterly average of 42.0 and 39% above its last 4 quarters average of 43.7
The EPS has declined by 28% year-on-year and by 21% since the previous quarter
MAA's P/B is 24% above its 5-year quarterly average of 2.1 and 19% above its last 4 quarters average of 2.2
MAA's equity is down by 3.2% year-on-year
The price to sales (P/S) is 17% higher than the 5-year quarterly average of 7.8 and 16% higher than the last 4 quarters average of 7.9
The revenue has increased by 2.3% year-on-year

Efficiency

How efficient is Mid America Apartment Communities business performance
MAA's return on equity is down by 28% year-on-year and by 21% since the previous quarter
Mid America Apartment Communities's ROA has decreased by 26% YoY and by 18% from the previous quarter
The return on sales has declined by 22% year-on-year and by 14% since the previous quarter
The ROIC has decreased by 21% YoY and by 16% from the previous quarter

Dividends

What is MAA's dividend history
DPS
$4.03
Dividend yield
3.01%
Payout ratio
183%
Recent dividends

Financial health

How did Mid America Apartment Communities financials performed over time
Mid America Apartment Communities's total assets is 120% more than its total liabilities
The debt is 22% less than the equity
The company's debt to equity rose by 7% YoY and by 4% QoQ
The debt has grown by 3.1% from the previous quarter and by 2.4% YoY

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