MAA Mid America Apartment Communities Inc

Price (delayed)

$186.1

Market cap

$21.39B

P/E Ratio

52.87

Dividend/share

$4.08

EPS

$3.52

Enterprise value

$25.9B

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 EPS has surged by 54% since the previous quarter and by 20% year-on-year
Mid America Apartment Communities's net income has surged by 53% QoQ and by 20% YoY
MAA's P/E is 21% above its 5-year quarterly average of 44.5 and 2.4% above its last 4 quarters average of 52.5
Mid America Apartment Communities's gross margin has decreased by 5% YoY

Key stats

What are the main financial stats of MAA
Market
Shares outstanding
114.92M
Market cap
$21.39B
Enterprise value
$25.9B
Valuations
Price to earnings (P/E)
52.87
Price to book (P/B)
3.6
Price to sales (P/S)
12.47
EV/EBIT
45.28
EV/EBITDA
23.68
EV/Sales
15.16
Earnings
Revenue
$1.71B
EBIT
$571.93M
EBITDA
$1.09B
Free cash flow
$251.03M
Per share
EPS
$3.52
Free cash flow per share
$2.19
Book value per share
$51.7
Revenue per share
$14.93
TBVPS
$98.2
Balance sheet
Total assets
$11.24B
Total liabilities
$5.1B
Debt
$4.55B
Equity
$5.92B
Working capital
N/A
Liquidity
Debt to equity
0.77
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
4.12
Margins
EBITDA margin
64%
Gross margin
30.8%
Net margin
23.8%
Operating margin
24.9%
Efficiency
Return on assets
3.6%
Return on equity
6.9%
Return on invested capital
3.6%
Return on capital employed
N/A
Return on sales
33.5%
Dividend
Dividend yield
2.19%
DPS
$4.08
Payout ratio
115.8%

MAA stock price

How has the Mid America Apartment Communities stock price performed over time
Intraday
-1.68%
1 week
-1.06%
1 month
-1.64%
1 year
61.29%
YTD
46.89%
QTD
10.5%

Financial performance

How have Mid America Apartment Communities's revenue and profit performed over time
Revenue
$1.71B
Gross profit
$527.14M
Operating income
$425.4M
Net income
$406.92M
Gross margin
30.8%
Net margin
23.8%
Mid America Apartment Communities's net income has surged by 53% QoQ and by 20% YoY
The net margin has soared by 51% from the previous quarter and by 17% YoY
The company's operating margin fell by 6% YoY
Mid America Apartment Communities's gross margin has decreased by 5% 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
52.87
P/B
3.6
P/S
12.47
EV/EBIT
45.28
EV/EBITDA
23.68
EV/Sales
15.16
The EPS has surged by 54% since the previous quarter and by 20% year-on-year
MAA's P/E is 21% above its 5-year quarterly average of 44.5 and 2.4% above its last 4 quarters average of 52.5
MAA's P/B is 74% above its 5-year quarterly average of 2.1 and 36% above its last 4 quarters average of 2.7
The price to sales (P/S) is 57% higher than the 5-year quarterly average of 8.1 and 35% higher than the last 4 quarters average of 9.4
The revenue has increased by 2.7% year-on-year

Efficiency

How efficient is Mid America Apartment Communities business performance
MAA's return on equity has surged by 57% since the previous quarter and by 23% year-on-year
Mid America Apartment Communities's ROA has soared by 57% from the previous quarter and by 20% YoY
The return on sales has increased by 30% since the previous quarter and by 8% year-on-year
The ROIC has increased by 29% from the previous quarter and by 9% YoY

Dividends

What is MAA's dividend history
DPS
$4.08
Dividend yield
2.19%
Payout ratio
115.8%
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 company's total liabilities rose by 3.1% YoY
The debt is 23% less than the equity
The company's debt to equity fell by 3.8% QoQ but it rose by 2.7% YoY
The debt has contracted by 2.2% from the previous quarter

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