MAA Mid America Apartment Communities Inc

Price (delayed)

$128.33

Market cap

$14.98B

P/E Ratio

27.25

Dividend/share

$5.74

EPS

$4.71

Enterprise value

$19.46B

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 34% below its 5-year quarterly average of 41.3
MAA's gross profit is up by 8% year-on-year
The EPS has declined by 14% year-on-year and by 6% since the previous quarter
Mid America Apartment Communities's net income has decreased by 13% YoY and by 6% QoQ

Key stats

What are the main financial stats of MAA
Market
Shares outstanding
116.72M
Market cap
$14.98B
Enterprise value
$19.46B
Valuations
Price to book (P/B)
2.46
Price to sales (P/S)
6.97
EV/EBIT
27.54
EV/EBITDA
15.29
EV/Sales
9.06
Earnings
Revenue
$2.15B
EBIT
$706.78M
EBITDA
$1.27B
Free cash flow
$377.3M
Per share
EPS
$4.71
Free cash flow per share
$3.23
Book value per share
$52.23
Revenue per share
$18.41
TBVPS
$98.42
Balance sheet
Total assets
$11.48B
Total liabilities
$5.19B
Debt
$4.54B
Equity
$6.09B
Working capital
N/A
Liquidity
Debt to equity
0.75
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
3.52
Margins
EBITDA margin
59.2%
Gross margin
37.9%
Net margin
25.7%
Operating margin
32.1%
Efficiency
Return on assets
4.8%
Return on equity
8.9%
Return on invested capital
4.5%
Return on capital employed
N/A
Return on sales
32.9%
Dividend
Dividend yield
4.47%
DPS
$5.74
Payout ratio
121.9%

MAA stock price

How has the Mid America Apartment Communities stock price performed over time
Intraday
0.66%
1 week
2.83%
1 month
-1.93%
1 year
-14.44%
YTD
-4.56%
QTD
-2.47%

Financial performance

How have Mid America Apartment Communities's revenue and profit performed over time
Revenue
$2.15B
Gross profit
$815.26M
Operating income
$688.9M
Net income
$552.81M
Gross margin
37.9%
Net margin
25.7%
The net margin has contracted by 19% YoY and by 7% from the previous quarter
Mid America Apartment Communities's net income has decreased by 13% YoY and by 6% QoQ
The company's operating income rose by 10% YoY
MAA's gross profit is up by 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
27.25
P/B
2.46
P/S
6.97
EV/EBIT
27.54
EV/EBITDA
15.29
EV/Sales
9.06
MAA's P/E is 34% below its 5-year quarterly average of 41.3
The EPS has declined by 14% year-on-year and by 6% since the previous quarter
MAA's P/B is 16% below its 5-year quarterly average of 2.9 and 10% below its last 4 quarters average of 2.7
The price to sales (P/S) is 27% lower than the 5-year quarterly average of 9.5 and 11% lower than the last 4 quarters average of 7.8
The revenue has increased by 6% year-on-year

Efficiency

How efficient is Mid America Apartment Communities business performance
MAA's return on equity is down by 16% year-on-year and by 6% since the previous quarter
The return on sales has declined by 15% year-on-year and by 4.9% since the previous quarter
Mid America Apartment Communities's ROA has decreased by 14% YoY and by 6% from the previous quarter
The ROIC has decreased by 10% YoY and by 4.3% from the previous quarter

Dividends

What is MAA's dividend history
DPS
$5.74
Dividend yield
4.47%
Payout ratio
121.9%
Recent dividends

Financial health

How did Mid America Apartment Communities financials performed over time
Mid America Apartment Communities's total assets is 121% more than its total liabilities
The company's total liabilities rose by 3.1% YoY and by 2.5% QoQ
Mid America Apartment Communities's total assets has increased by 2.2% YoY
The debt is 25% less than the equity
The company's debt to equity rose by 4.2% QoQ
The debt has grown by 3.3% from the previous quarter and by 2.8% YoY

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