MAA Mid America Apartment Communities Inc

Price (delayed)

$179.54

Market cap

$20.73B

P/E Ratio

35.14

Dividend/share

$4.45

EPS

$5.11

Enterprise value

$25.02B

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
Mid America Apartment Communities's net income has increased by 45% YoY
The EPS has increased by 45% year-on-year

Key stats

What are the main financial stats of MAA
Market
Shares outstanding
115.44M
Market cap
$20.73B
Enterprise value
$25.02B
Valuations
Price to earnings (P/E)
35.14
Price to book (P/B)
3.46
Price to sales (P/S)
10.98
EV/EBIT
33.18
EV/EBITDA
19.35
EV/Sales
13.26
Earnings
Revenue
$1.89B
EBIT
$754.09M
EBITDA
$1.29B
Free cash flow
$628.3M
Per share
EPS
$5.11
Free cash flow per share
$5.44
Book value per share
$51.84
Revenue per share
$16.35
TBVPS
$97.73
Balance sheet
Total assets
$11.28B
Total liabilities
$5.09B
Debt
$4.52B
Equity
$5.98B
Working capital
N/A
Liquidity
Debt to equity
0.76
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
3.32
Margins
EBITDA margin
68.5%
Gross margin
34.9%
Net margin
31.3%
Operating margin
28.5%
Efficiency
Return on assets
5.2%
Return on equity
9.9%
Return on invested capital
4.8%
Return on capital employed
N/A
Return on sales
40%
Dividend
Dividend yield
2.48%
DPS
$4.45
Payout ratio
87.1%

MAA stock price

How has the Mid America Apartment Communities stock price performed over time
Intraday
0%
1 week
-1.3%
1 month
5.72%
1 year
-6.03%
YTD
-21.75%
QTD
2.79%

Financial performance

How have Mid America Apartment Communities's revenue and profit performed over time
Revenue
$1.89B
Gross profit
$658.25M
Operating income
$538.35M
Net income
$591.62M
Gross margin
34.9%
Net margin
31.3%
Mid America Apartment Communities's net income has increased by 45% YoY
The net margin has grown by 32% YoY but it has contracted by 4.3% from the previous quarter
The company's operating income rose by 27% YoY and by 8% QoQ
MAA's gross profit is up by 25% year-on-year and by 7% since the previous quarter

Growth

What is Mid America Apartment Communities's growth rate over time

Valuation

What is Mid America Apartment Communities stock price valuation
P/E
35.14
P/B
3.46
P/S
10.98
EV/EBIT
33.18
EV/EBITDA
19.35
EV/Sales
13.26
The EPS has increased by 45% year-on-year
MAA's P/E is 23% below its 5-year quarterly average of 45.4 and 19% below its last 4 quarters average of 43.6
MAA's P/B is 38% above its 5-year quarterly average of 2.5 but 11% below its last 4 quarters average of 3.9
The price to sales (P/S) is 21% higher than the 5-year quarterly average of 9.1 but 14% lower than the last 4 quarters average of 12.8
The revenue has increased by 10% year-on-year and by 3.2% since the previous quarter

Efficiency

How efficient is Mid America Apartment Communities business performance
Mid America Apartment Communities's ROA has increased by 44% YoY
MAA's return on equity is up by 43% year-on-year
The ROIC has increased by 33% YoY but it has decreased by 2% from the previous quarter
The return on sales has increased by 19% year-on-year but it has declined by 4.3% since the previous quarter

Dividends

What is MAA's dividend history
DPS
$4.45
Dividend yield
2.48%
Payout ratio
87.1%
Recent dividends

Financial health

How did Mid America Apartment Communities financials performed over time
Mid America Apartment Communities's total assets is 122% more than its total liabilities
The debt is 24% less than the equity

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