MAA Mid-America Apartment Communities, Inc.

Price (delayed)

$114.93

Market cap

$13.14B

P/E Ratio

39.09

Dividend/share

$3.96

EPS

$2.94

Enterprise value

$17.58B

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 EPS has increased by 42% year-on-year and by 4.3% since the previous quarter
Mid America Apartment Communities's net income has increased by 42% YoY and by 4% QoQ

Key stats

What are the main financial stats of MAA
Market
Shares outstanding
114.37M
Market cap
$13.14B
Enterprise value
$17.58B
Valuations
Price to earnings (P/E)
39.09
Price to book (P/B)
2.21
Price to sales (P/S)
7.9
EV/EBIT
33.94
EV/EBITDA
17.19
EV/Sales
10.57
Earnings
Revenue
$1.66B
EBIT
$518M
EBITDA
$1.02B
Free cash flow
$350.46M
Per share
EPS
$2.94
Free cash flow per share
$3.06
Book value per share
$52.07
Revenue per share
$14.55
TBVPS
$97.34
Balance sheet
Total assets
$11.13B
Total liabilities
$4.95B
Debt
$4.47B
Equity
$5.95B
Working capital
N/A
Liquidity
Debt to equity
0.75
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
4.34
Margins
EBITDA margin
61.5%
Gross margin
32.5%
Net margin
20.4%
Operating margin
26.4%
Efficiency
Return on assets
3%
Return on equity
5.6%
Return on invested capital
3.3%
Return on capital employed
N/A
Return on sales
31.1%
Dividend
Dividend yield
3.45%
DPS
$3.96
Payout ratio
134.7%

MAA stock price

How has the Mid America Apartment Communities stock price performed over time

Financial performance

How have Mid America Apartment Communities's revenue and profit performed over time
Revenue
$1.66B
Gross profit
$539.92M
Operating income
$439.26M
Net income
$339.94M
Gross margin
32.5%
Net margin
20.4%
Mid America Apartment Communities's net income has increased by 42% YoY and by 4% QoQ
The net margin has grown by 37% YoY and by 3.6% from the previous quarter
MAA's gross profit is up by 7% year-on-year
The company's operating income rose by 3.7% 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
39.09
P/B
2.21
P/S
7.9
EV/EBIT
33.94
EV/EBITDA
17.19
EV/Sales
10.57
The EPS has increased by 42% year-on-year and by 4.3% since the previous quarter
MAA's P/E is 11% below its last 4 quarters average of 43.8
MAA's P/B is 5% above its 5-year quarterly average of 2.1 but 3.9% below its last 4 quarters average of 2.3
The price to sales (P/S) is 4.8% lower than the last 4 quarters average of 8.3 but 3.9% higher than the 5-year quarterly average of 7.6
The revenue has increased by 3.7% year-on-year

Efficiency

How efficient is Mid America Apartment Communities business performance
MAA's return on equity is up by 44% year-on-year and by 3.7% since the previous quarter
Mid America Apartment Communities's ROA has increased by 43% YoY and by 3.4% from the previous quarter
The ROIC has increased by 22% YoY and by 3.1% from the previous quarter
The return on sales has increased by 18% year-on-year

Dividends

What is MAA's dividend history
DPS
$3.96
Dividend yield
3.45%
Payout ratio
134.7%
Recent dividends

Financial health

How did Mid America Apartment Communities financials performed over time
Mid America Apartment Communities's total assets is 125% 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.