MAA Mid America Apartment Communities Inc

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

Price (delayed)

$142.5

Market cap

$16.65B

P/E Ratio

29.87

Dividend/share

$5.81

EPS

$4.77

Enterprise value

$21.2B

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 revenue has increased by 4.4% year-on-year
MAA's gross profit is up by 2.8% year-on-year
MAA's P/E is 26% below its 5-year quarterly average of 39.7 but 5% above its last 4 quarters average of 27.9
The EPS has declined by 16% year-on-year
Mid America Apartment Communities's net income has decreased by 15% YoY
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
116.83M
Market cap
$16.65B
Enterprise value
$21.2B
Valuations
Price to earnings (P/E)
29.87
Price to book (P/B)
2.74
Price to sales (P/S)
7.69
EV/EBIT
29.51
EV/EBITDA
16.45
EV/Sales
9.8
Earnings
Revenue
$2.16B
EBIT
$718.55M
EBITDA
$1.29B
Free cash flow
$399.52M
Per share
EPS
$4.77
Free cash flow per share
$3.42
Book value per share
$52.03
Revenue per share
$18.53
TBVPS
$98.28
Balance sheet
Total assets
$11.47B
Total liabilities
$5.19B
Debt
$4.62B
Equity
$6.07B
Working capital
N/A
Liquidity
Debt to equity
0.76
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
3.54
Margins
EBITDA margin
59.6%
Gross margin
37.5%
Net margin
25.9%
Operating margin
31.5%
Efficiency
Return on assets
4.9%
Return on equity
9.1%
Return on invested capital
4.5%
Return on capital employed
N/A
Return on sales
33.2%
Dividend
Dividend yield
4.08%
DPS
$5.81
Payout ratio
121.8%

MAA stock price

How has the Mid America Apartment Communities stock price performed over time
Intraday
1.7%
1 week
-0.84%
1 month
2.41%
1 year
-6.81%
YTD
5.98%
QTD
-0.08%

Financial performance

How have Mid America Apartment Communities's revenue and profit performed over time
Revenue
$2.16B
Gross profit
$810.34M
Operating income
$680.78M
Net income
$560.65M
Gross margin
37.5%
Net margin
25.9%
The net margin has contracted by 19% YoY
Mid America Apartment Communities's net income has decreased by 15% YoY
The revenue has increased by 4.4% year-on-year
MAA's gross profit is up by 2.8% 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
MAA P/E details
P/E
29.87
P/B
2.74
P/S
7.69
EV/EBIT
29.51
EV/EBITDA
16.45
EV/Sales
9.8
MAA's P/E is 26% below its 5-year quarterly average of 39.7 but 5% above its last 4 quarters average of 27.9
The EPS has declined by 16% year-on-year
MAA's P/B is 7% below its 5-year quarterly average of 2.9 but 3.5% above its last 4 quarters average of 2.6
The price to sales (P/S) is 20% lower than the 5-year quarterly average of 9.4
The revenue has increased by 4.4% year-on-year

Efficiency

How efficient is Mid America Apartment Communities business performance
MAA's return on equity is down by 17% year-on-year but it is up by 2.2% since the previous quarter
Mid America Apartment Communities's ROA has decreased by 16% YoY but it has increased by 2.1% from the previous quarter
The return on sales has declined by 15% year-on-year
The ROIC has decreased by 13% YoY

Dividends

What is MAA's dividend history
Dividend details
DPS
$5.81
Dividend yield
4.08%
Payout ratio
121.8%
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 4.7% YoY
The debt is 24% less than the equity
The company's debt to equity rose by 7% YoY
The debt has grown by 5% YoY

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