MAA Mid America Apartment Communities Inc

  1. Stocks
  2. Real Estate
  3. NYSE: MAA

Price (delayed)

$128.07

Market cap

$14.94B

P/E Ratio

25.01

Dividend/share

$5.26

EPS

$5.12

Enterprise value

$19.18B

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
MAA's P/E is 42% below its 5-year quarterly average of 43.7 and 10% below its last 4 quarters average of 28.3
MAA's gross profit is up by 23% year-on-year and by 2.9% since the previous quarter
The EPS has declined by 10% since the previous quarter
Mid America Apartment Communities's net income has decreased by 10% QoQ
Sector: Real Estate
Industry: REIT - Residential
Website: http://www.maac.com/
Peers: BXP MAC DLR

Key stats

What are the main financial stats of MAA
Market
Shares outstanding
116.68M
Market cap
$14.94B
Enterprise value
$19.18B
Valuations
Price to earnings (P/E)
25.01
Price to book (P/B)
2.42
Price to sales (P/S)
7.07
EV/EBIT
25.56
EV/EBITDA
14.71
EV/Sales
9.08
Earnings
Revenue
$2.11B
EBIT
$750.35M
EBITDA
$1.3B
Free cash flow
$511.05M
Per share
EPS
$5.12
Free cash flow per share
$4.38
Book value per share
$52.82
Revenue per share
$18.11
TBVPS
$97.64
Balance sheet
Total assets
$11.39B
Total liabilities
$5.02B
Debt
$4.4B
Equity
$6.16B
Working capital
N/A
Liquidity
Debt to equity
0.71
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
3.25
Margins
EBITDA margin
61.7%
Gross margin
38.4%
Net margin
28.3%
Operating margin
32.5%
Efficiency
Return on assets
5.2%
Return on equity
9.8%
Return on invested capital
4.8%
Return on capital employed
N/A
Return on sales
35.5%
Dividend
Dividend yield
4.11%
DPS
$5.26
Payout ratio
102.8%

MAA stock price

How has the Mid America Apartment Communities stock price performed over time
Intraday
-1.85%
1 week
-6.31%
1 month
-11.51%
1 year
-15.49%
YTD
-18.42%
QTD
-15.67%

Financial performance

How have Mid America Apartment Communities's revenue and profit performed over time
Revenue
$2.11B
Gross profit
$810.61M
Operating income
$686.56M
Net income
$597.53M
Gross margin
38.4%
Net margin
28.3%
The company's operating income rose by 28% YoY and by 3.6% QoQ
MAA's gross profit is up by 23% year-on-year and by 2.9% since the previous quarter
The company's operating margin rose by 14% YoY
The net margin has contracted by 12% from the previous quarter and by 10% YoY

Growth

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

Valuation

What is Mid America Apartment Communities stock price valuation
MAA P/E details
P/E
25.01
P/B
2.42
P/S
7.07
EV/EBIT
25.56
EV/EBITDA
14.71
EV/Sales
9.08
MAA's P/E is 42% below its 5-year quarterly average of 43.7 and 10% below its last 4 quarters average of 28.3
The EPS has declined by 10% since the previous quarter
MAA's P/B is 15% below its last 4 quarters average of 2.9 and 12% below its 5-year quarterly average of 2.8
MAA's equity is up by 3% year-on-year
The price to sales (P/S) is 23% lower than the 5-year quarterly average of 9.4 and 18% lower than the last 4 quarters average of 8.8
The revenue has increased by 12% year-on-year

Efficiency

How efficient is Mid America Apartment Communities business performance
The return on sales has declined by 11% year-on-year and by 9% since the previous quarter
Mid America Apartment Communities's ROA has decreased by 10% from the previous quarter
MAA's return on equity is down by 10% since the previous quarter
The ROIC has decreased by 8% from the previous quarter

Dividends

What is MAA's dividend history
Dividend details
DPS
$5.26
Dividend yield
4.11%
Payout ratio
102.8%
Recent dividends

Financial health

How did Mid America Apartment Communities financials performed over time
Mid America Apartment Communities's total assets is 127% more than its total liabilities
The debt is 29% less than the equity
The company's debt to equity fell by 7% YoY
The debt has contracted by 2.7% YoY

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