Health score, competitive moat, risk signals, and key metrics at a glance.
Mid-America Apartment Communities, Inc. is a self-administered real estate investment trust (REIT) and member of S&P 500. MAA owns or has ownership interest in apartment communities primarily throughout the Southeast, Southwest and Mid-Atlantic regions of the U.S. focused on delivering strong, full-cycle investment performance. Mid-America Apartment Communities, Inc. was incorporated in 1977 in Tennessee and is based in Germantown, United States.
Competitive analysis based on 43 quarters of fundamental data
Operating margins are positive at ~23.6% on average, but show some variability — pricing power may be sensitive to market conditions.
ROE is positive at ~8.7% on average, adequate but below the threshold typically associated with wide moats.
8 of the last 8 quarters generated positive FCF. The company generally funds itself but has occasional cash consumption quarters.
Revenue shows resilience with 7 of 7 quarters posting growth — demand is generally stable but has seen some soft patches.
Data-driven red flags and warnings across 43 quarters
Operating margins dropped 28.4% over recent quarters — a sharp decline suggesting serious cost or pricing challenges.
FCF covers net income by 1.7x on average — earnings are well-supported by cash generation.
Debt-to-equity has risen 21.5% recently — increasing financial risk even if the current ratio is manageable.
Revenue is stable or growing over recent quarters — demand appears durable.
Free cash flow is consistently positive — the business self-funds without external capital reliance.
Share count is stable — no significant dilution or buyback activity.
as of March 2026
Revenue, EBITDA, operating income, net income, EPS, and shares
Gross, EBITDA, operating, and net margin trends
P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield
Total assets, cash, debt, book value, and leverage
Operating cash flow, free cash flow, FCF margin, and earnings quality