MAA Mid America Apartment Communities Inc
Price (delayed)
$157.08
Market cap
$18.36B
P/E Ratio
34.98
Dividend/share
$5.97
EPS
$4.49
Enterprise value
$23.29B
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 8% below its 5-year quarterly average of 38.0 but 7% above its last 4 quarters average of 32.6
The debt has grown by 10% YoY and by 2.2% from the previous quarter
Mid America Apartment Communities's gross margin has decreased by 6% YoY and by 2.5% from the previous quarter
Key stats
What are the main financial stats of MAA
Market
Valuations
Earnings
Shares outstanding
116.9M
Market cap
$18.36B
Enterprise value
$23.29B
Price to earnings (P/E)
34.98
Price to book (P/B)
3.09
Price to sales (P/S)
8.38
EV/EBIT
33.2
EV/EBITDA
18.08
EV/Sales
10.63
Revenue
$2.19B
Gross profit
$785.31M
Operating income
$656.75M
Net income
$527.54M
EBIT
$701.33M
EBITDA
$1.29B
Free cash flow
$245.17M
Per share
Balance sheet
Liquidity
EPS
$4.49
EPS diluted
$4.49
Free cash flow per share
$2.1
Book value per share
$50.84
Revenue per share
$18.75
TBVPS
$101.06
Total assets
$11.81B
Total liabilities
$5.66B
Debt
$4.98B
Equity
$5.94B
Working capital
N/A
Debt to equity
0.84
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
3.82
Margins
Efficiency
Dividend
EBITDA margin
58.8%
Gross margin
35.8%
Net margin
24.1%
Operating margin
30%
Return on assets
4.5%
Return on equity
8.7%
Return on invested capital
4.3%
Return on capital employed
N/A
Return on sales
32%
Dividend yield
3.8%
DPS
$5.97
Payout ratio
133%
MAA stock price
How has the Mid America Apartment Communities stock price performed over time
Intraday
2.12%
1 week
1.43%
1 month
-4.5%
1 year
25.87%
YTD
1.62%
QTD
-6.27%
Financial performance
How have Mid America Apartment Communities's revenue and profit performed over time
Revenue
$2.19B
Gross profit
$785.31M
Operating income
$656.75M
Net income
$527.54M
Gross margin
35.8%
Net margin
24.1%
The company's operating margin fell by 7% YoY and by 2.3% QoQ
The net margin has contracted by 6% YoY
Mid America Apartment Communities's gross margin has decreased by 6% YoY and by 2.5% from the previous quarter
The company's operating income fell by 4.7% YoY and by 2.2% QoQ
Growth
What is Mid America Apartment Communities's growth rate over time
Valuation
What is Mid America Apartment Communities stock price valuation
P/E
34.98
P/B
3.09
P/S
8.38
EV/EBIT
33.2
EV/EBITDA
18.08
EV/Sales
10.63
MAA's P/E is 8% below its 5-year quarterly average of 38.0 but 7% above its last 4 quarters average of 32.6
The EPS has declined by 4.7% year-on-year
MAA's P/B is 7% above its last 4 quarters average of 2.9 and 3% above its 5-year quarterly average of 3.0
MAA's equity is down by 2.5% year-on-year
The price to sales (P/S) is 10% lower than the 5-year quarterly average of 9.3 but 6% higher than the last 4 quarters average of 7.9
Efficiency
How efficient is Mid America Apartment Communities business performance
Mid America Apartment Communities's ROA has decreased by 6% YoY
The ROIC has decreased by 4.4% YoY
The return on sales has declined by 2.7% year-on-year
MAA's return on equity is down by 2.2% year-on-year
Dividends
What is MAA's dividend history
DPS
$5.97
Dividend yield
3.8%
Payout ratio
133%
Recent dividends
Special dividends are included in TTM DPS and yield
Financial health
How did Mid America Apartment Communities financials performed over time
Mid America Apartment Communities's total assets is 109% more than its total liabilities
The company's total liabilities rose by 9% YoY
Mid America Apartment Communities's total assets has increased by 2.9% YoY
The debt is 16% less than the equity
The company's debt to equity rose by 12% YoY and by 2.4% QoQ
The debt has grown by 10% YoY and by 2.2% from the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.