MAA Mid America Apartment Communities Inc

Price (delayed)

$127.04

Market cap

$14.87B

P/E Ratio

26.86

Dividend/share

$6.06

EPS

$4.73

Enterprise value

$20.03B

?
Relative Growth: Rel. Growth: 50
Relative Strength: Rel. Strength: 24
Relative Valuation: Rel. Valuation: 40
Relative Profitability: Rel. Profitability: 60

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 26% below its 5-year quarterly average of 36.8 and 16% below its last 4 quarters average of 32.3
Mid America Apartment Communities's net income has increased by 7% YoY but it has decreased by 2.7% QoQ
The EPS has increased by 7% year-on-year but it has declined by 2.9% since the previous quarter
The debt has grown by 7% YoY and by 3% from the previous quarter
Mid America Apartment Communities's gross margin has decreased by 7% YoY

Key stats

What are the main financial stats of MAA
Market
Shares outstanding
117.08M
Market cap
$14.87B
Enterprise value
$20.03B
Valuations
Price to earnings (P/E)
26.86
Price to book (P/B)
2.56
Price to sales (P/S)
6.75
PEG
3.95
EV/EBIT
26.99
EV/EBITDA
14.77
EV/Sales
9.09
Earnings
Revenue
$2.2B
Gross profit
$753.03M
Operating income
$624.15M
Net income
$555.98M
EBIT
$741.88M
EBITDA
$1.36B
Free cash flow
$394.47M
Per share
EPS
$4.73
EPS diluted
$4.72
Free cash flow per share
$3.37
Book value per share
$49.7
Revenue per share
$18.82
TBVPS
$101.87
Balance sheet
Total assets
$11.93B
Total liabilities
$5.91B
Debt
$5.2B
Equity
$5.82B
Working capital
N/A
Liquidity
Debt to equity
0.89
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
3.8
Margins
EBITDA margin
61.5%
Gross margin
34.2%
Net margin
25.2%
Operating margin
28.3%
Efficiency
Return on assets
4.7%
Return on equity
9.4%
Return on invested capital
4.4%
Return on capital employed
N/A
Return on sales
33.7%
Dividend
Dividend yield
4.77%
DPS
$6.06
Payout ratio
128.1%

MAA stock price

How has the Mid America Apartment Communities stock price performed over time
Intraday
-1.14%
1 week
-1.37%
1 month
-6.59%
1 year
-17.29%
YTD
-17.81%
QTD
-9.08%

Financial performance

How have Mid America Apartment Communities's revenue and profit performed over time
Revenue
$2.2B
Gross profit
$753.03M
Operating income
$624.15M
Net income
$555.98M
Gross margin
34.2%
Net margin
25.2%
The company's operating margin fell by 8% YoY and by 2.1% QoQ
Mid America Apartment Communities's net income has increased by 7% YoY but it has decreased by 2.7% QoQ
The company's operating income fell by 7% YoY
Mid America Apartment Communities's gross margin has decreased by 7% YoY

Price vs fundamentals

How does MAA's price correlate with its fundamentals

Growth

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

Valuation

What is Mid America Apartment Communities stock price valuation
P/E
26.86
P/B
2.56
P/S
6.75
EV/EBIT
26.99
EV/EBITDA
14.77
EV/Sales
9.09
MAA's P/E is 26% below its 5-year quarterly average of 36.8 and 16% below its last 4 quarters average of 32.3
The EPS has increased by 7% year-on-year but it has declined by 2.9% since the previous quarter
MAA's P/B is 16% below its 5-year quarterly average of 3.1 and 14% below its last 4 quarters average of 3.0
MAA's equity is down by 2.2% year-on-year
The price to sales (P/S) is 27% lower than the 5-year quarterly average of 9.3 and 16% lower than the last 4 quarters average of 8.1

Efficiency

How efficient is Mid America Apartment Communities business performance
MAA's return on equity is up by 9% year-on-year but it is down by 2.1% since the previous quarter
The return on sales has increased by 7% year-on-year
Mid America Apartment Communities's ROA has increased by 4.4% YoY but it has decreased by 2.1% from the previous quarter
The ROIC has increased by 2.3% YoY but it has decreased by 2.2% from the previous quarter

Dividends

What is MAA's dividend history
DPS
$6.06
Dividend yield
4.77%
Payout ratio
128.1%
Recent dividends

Special dividends are included in TTM DPS and yield

Financial health

How did Mid America Apartment Communities financials performed over time
Mid America Apartment Communities's total assets is 102% more than its total liabilities
The company's total liabilities rose by 6% YoY and by 2.9% QoQ
The debt is 11% less than the equity
The company's debt to equity rose by 9% YoY and by 3.5% QoQ
The debt has grown by 7% YoY and by 3% from the previous quarter

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