Revenue
560 million USD
2026 Q3 · USD
Exact inputs and evidence
- Revenue: 560130000 USD Source
Fundies. English
MID-AMERICA APARTMENT COMMUNITIES, INC.
EDGARAnnual consolidated revenue for 2025: about USD 2.209B, using the latest reported figures. The previous period, 2024, was about USD 2.191B.
Latest quarter
Net margin
15%
2026 Q3 · %
Operating cash flow
257 million USD
2026 Q3 · USD
- Cash and cash equivalents
- 25.7 million USD Source
Exact value
25693000 USD
- Long-term debt including current maturities
- Not available
- Shares outstanding
- 116 million shares Source
Exact value
115993211 shares
Reported share-count change
-0.93% · -1.09 million shares
Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.
Trailing twelve months
The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.
Revenue
2.22 billion USD
2025-10-01 – 2026-09-30
Exact inputs and evidence
Net income
388 million USD
2025-10-01 – 2026-09-30
Exact inputs and evidence
Operating cash flow
1 billion USD
2025-10-01 – 2026-09-30
Exact inputs and evidence
- Operating cash flow: 1078175000 USD · 2025-01-01 – 2025-12-31 Source
- Operating cash flow: 816503000 USD · 2025-01-01 – 2025-09-30 Source
- Operating cash flow: 149644000 USD · 2026-01-01 – 2026-03-31 Source
- Operating cash flow: 482549000 USD · 2026-01-01 – 2026-06-30 Source
- Operating cash flow: 149644000 USD · 2026-01-01 – 2026-03-31 Source
- Operating cash flow: 739635000 USD · 2026-01-01 – 2026-09-30 Source
- Operating cash flow: 482549000 USD · 2026-01-01 – 2026-06-30 Source
Includes later revisions to earlier periods. Annual charts exclude incomplete years.
Latest filing recorded: 2026-10-29.
Financial data available through: 2025-12-31.
Coverage by financial measure
- Revenue: 9 of 11 periods available· newest 2025-12-31
- operating income: No compatible figures in this window
- Net income: 9 of 11 periods available· newest 2025-12-31
- Operating cash flow: 9 of 11 periods available· newest 2025-12-31
- capital expenditure: No compatible figures in this window
- Total assets: 8 of 11 periods available· newest 2025-12-31
- Total liabilities: 8 of 11 periods available· newest 2025-12-31
- current assets: No compatible figures in this window
- current liabilities: No compatible figures in this window
- Cash and cash equivalents: 9 of 11 periods available· newest 2025-12-31
- long term debt: No compatible figures in this window
- Shares outstanding: 9 of 11 periods available· newest 2025-12-31
Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.
What changed year over year
Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.
Revenue
+0.8%Prior period
USD 2.19 billion
–
Current period
USD 2.21 billion
–
Exact inputs and evidence
2209126000 − 2191015000 = 18111000 USD
2191015000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source2209126000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Net income
-15.3%Prior period
USD 527.54 million
–
Current period
USD 446.91 million
–
Exact inputs and evidence
446909000 − 527543000 = -80634000 USD
527543000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source446909000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Operating cash flow
-1.8%Prior period
USD 1.1 billion
–
Current period
USD 1.08 billion
–
Exact inputs and evidence
1078175000 − 1098292000 = -20117000 USD
1098292000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source1078175000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Comparable inputs unavailable for: Capital expenditure.
Where revenue goes
How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.
2025 2025-01-01 – 2025-12-31
- Revenue USD 2.21 billion 100% of revenue
- Operating costs Derived Unavailable An input is unavailable.
- Operating income Unavailable An input is unavailable.
- Tax, interest and other Derived Unavailable An input is unavailable.
- Net income USD 446.91 million 20% of revenue
Cash
- Operating cash flow USD 1.08 billion 49% of revenue
- Capital expenditure Unavailable An input is unavailable.
- Free cash flow Derived Unavailable An input is unavailable.
Share of revenue by period
- Net income
- Tax, interest and other
- Operating costs
- 2017 Not shown: operating income or net income is not reported.
- 2018 Not shown: operating income or net income is not reported.
- 2019 Not shown: operating income or net income is not reported.
- 2020 Not shown: operating income or net income is not reported.
- 2021 Not shown: operating income or net income is not reported.
- 2022 Not shown: operating income or net income is not reported.
- 2023 Not shown: operating income or net income is not reported.
- 2024 Not shown: operating income or net income is not reported.
- 2025 Not shown: operating income or net income is not reported.
Values and sources
| Period | Revenue | Operating costs | Operating income | Tax, interest and other | Net income | Free cash flow | Source |
|---|---|---|---|---|---|---|---|
| 2017 2017-01-01 – 2017-12-31 | 1528987000 | Unavailable | Unavailable | Unavailable | 328379000 | Unavailable | Source
|
| 2018 2018-01-01 – 2018-12-31 | 1571346000 | Unavailable | Unavailable | Unavailable | 222899000 | Unavailable | Source
|
| 2019 2019-01-01 – 2019-12-31 | 1641017000 | Unavailable | Unavailable | Unavailable | 353811000 | Unavailable | Source
|
| 2020 2020-01-01 – 2020-12-31 | 1677984000 | Unavailable | Unavailable | Unavailable | 254962000 | Unavailable | Source
|
| 2021 2021-01-01 – 2021-12-31 | 1778082000 | Unavailable | Unavailable | Unavailable | 533791000 | Unavailable | Source
|
| 2022 2022-01-01 – 2022-12-31 | 2019866000 | Unavailable | Unavailable | Unavailable | 637436000 | Unavailable | Source
|
| 2023 2023-01-01 – 2023-12-31 | 2148468000 | Unavailable | Unavailable | Unavailable | 552806000 | Unavailable | Source
|
| 2024 2024-01-01 – 2024-12-31 | 2191015000 | Unavailable | Unavailable | Unavailable | 527543000 | Unavailable | Source
|
| 2025 2025-01-01 – 2025-12-31 | 2209126000 | Unavailable | Unavailable | Unavailable | 446909000 | Unavailable | Source
|
Amounts are exact, in USD.
Growth
Sales over time and how quickly they are changing.
Revenue
Revenue reported for each complete financial period.
USD 2.2B 2025
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2017 | Revenue | 1528987000 |
|
| 2018 | Revenue | 1571346000 |
|
| 2019 | Revenue | 1641017000 |
|
| 2020 | Revenue | 1677984000 |
|
| 2021 | Revenue | 1778082000 |
|
| 2022 | Revenue | 2019866000 |
|
| 2023 | Revenue | 2148468000 |
|
| 2024 | Revenue | 2191015000 |
|
| 2025 | Revenue | 2209126000 |
|
Revenue growth
Change in revenue from the same financial period one year earlier.
0.8% 2025
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2017 | Year over year | No prior comparable period |
|
| 2018 | Year over year | 2.8% |
|
| 2019 | Year over year | 4.4% |
|
| 2020 | Year over year | 2.3% |
|
| 2021 | Year over year | 6% |
|
| 2022 | Year over year | 13.6% |
|
| 2023 | Year over year | 6.4% |
|
| 2024 | Year over year | 2% |
|
| 2025 | Year over year | 0.8% |
|
Profit and cash
How much revenue becomes profit, and how much cash operations generate.
Profit margins
Operating income, net income and free cash flow as a share of revenue.
Net margin 20.2% 2025
- Operating margin
- Net margin
- Free cash flow margin
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2017-12-31 | Operating margin | Not reported |
|
| 2018-12-31 | Operating margin | Not reported |
|
| 2019-12-31 | Operating margin | Not reported |
|
| 2020-12-31 | Operating margin | Not reported |
|
| 2021-12-31 | Operating margin | Not reported |
|
| 2022-12-31 | Operating margin | Not reported |
|
| 2023-12-31 | Operating margin | Not reported |
|
| 2024-12-31 | Operating margin | Not reported |
|
| 2025-12-31 | Operating margin | Not reported |
|
| 2017 | Net margin | 21.5% |
|
| 2018 | Net margin | 14.2% |
|
| 2019 | Net margin | 21.6% |
|
| 2020 | Net margin | 15.2% |
|
| 2021 | Net margin | 30% |
|
| 2022 | Net margin | 31.6% |
|
| 2023 | Net margin | 25.7% |
|
| 2024 | Net margin | 24.1% |
|
| 2025 | Net margin | 20.2% |
|
| 2017 | Free cash flow margin | Not reported |
|
| 2018 | Free cash flow margin | Not reported |
|
| 2019 | Free cash flow margin | Not reported |
|
| 2020 | Free cash flow margin | Not reported |
|
| 2021 | Free cash flow margin | Not reported |
|
| 2022 | Free cash flow margin | Not reported |
|
| 2023 | Free cash flow margin | Not reported |
|
| 2024 | Free cash flow margin | Not reported |
|
| 2025 | Free cash flow margin | Not reported |
|
Operating cash flow
Cash generated by the company’s normal business operations.
USD 1.1B 2025
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2017 | Operating cash flow | 660800000 |
|
| 2018 | Operating cash flow | 734292000 |
|
| 2019 | Operating cash flow | 781420000 |
|
| 2020 | Operating cash flow | 823949000 |
|
| 2021 | Operating cash flow | 894967000 |
|
| 2022 | Operating cash flow | 1058479000 |
|
| 2023 | Operating cash flow | 1137187000 |
|
| 2024 | Operating cash flow | 1098292000 |
|
| 2025 | Operating cash flow | 1078175000 |
|
Free cash flow
Operating cash flow minus capital expenditure for the same period and unit.
Not enough comparable data to show this history.
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2017 | Free cash flow | Unavailable |
|
| 2018 | Free cash flow | Unavailable |
|
| 2019 | Free cash flow | Unavailable |
|
| 2020 | Free cash flow | Unavailable |
|
| 2021 | Free cash flow | Unavailable |
|
| 2022 | Free cash flow | Unavailable |
|
| 2023 | Free cash flow | Unavailable |
|
| 2024 | Free cash flow | Unavailable |
|
| 2025 | Free cash flow | Unavailable |
|
Balance sheet
Liabilities and short-term ability to meet obligations at each period end.
Liabilities to assets
Total liabilities as a share of total assets.
51.2% 2025
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2017-12-31 | Liabilities / assets | Not reported | No source recorded |
| 2018 | Liabilities / assets | 43.6% |
|
| 2019 | Liabilities / assets | 43.9% |
|
| 2020 | Liabilities / assets | 45.5% |
|
| 2021 | Liabilities / assets | 45.2% |
|
| 2022 | Liabilities / assets | 44.8% |
|
| 2023 | Liabilities / assets | 45.2% |
|
| 2024 | Liabilities / assets | 48% |
|
| 2025 | Liabilities / assets | 51.2% |
|
Current assets to current liabilities
Current assets divided by current liabilities.
Not enough comparable data to show this history.
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2017-12-31 | Current assets / current liabilities | Not reported | No source recorded |
| 2018-12-31 | Current assets / current liabilities | Not reported | No source recorded |
| 2019-12-31 | Current assets / current liabilities | Not reported | No source recorded |
| 2020-12-31 | Current assets / current liabilities | Not reported | No source recorded |
| 2021-12-31 | Current assets / current liabilities | Not reported | No source recorded |
| 2022-12-31 | Current assets / current liabilities | Not reported | No source recorded |
| 2023-12-31 | Current assets / current liabilities | Not reported | No source recorded |
| 2024-12-31 | Current assets / current liabilities | Not reported | No source recorded |
| 2025-12-31 | Current assets / current liabilities | Not reported | No source recorded |
Cash generation
Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.
| Period | Net income | Operating cash flow | Capital expenditure | Free cash flow |
|---|---|---|---|---|
| 2017 2017-01-01 – 2017-12-31 | USD 328.38 million Exact valueExact value: 328379000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 660.8 million Exact valueExact value: 660800000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2018 2018-01-01 – 2018-12-31 | USD 222.9 million Exact valueExact value: 222899000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 734.29 million Exact valueExact value: 734292000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2019 2019-01-01 – 2019-12-31 | USD 353.81 million Exact valueExact value: 353811000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 781.42 million Exact valueExact value: 781420000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2020 2020-01-01 – 2020-12-31 | USD 254.96 million Exact valueExact value: 254962000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 823.95 million Exact valueExact value: 823949000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2021 2021-01-01 – 2021-12-31 | USD 533.79 million Exact valueExact value: 533791000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 894.97 million Exact valueExact value: 894967000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2022 2022-01-01 – 2022-12-31 | USD 637.44 million Exact valueExact value: 637436000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 1.06 billion Exact valueExact value: 1058479000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2023 2023-01-01 – 2023-12-31 | USD 552.81 million Exact valueExact value: 552806000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 1.14 billion Exact valueExact value: 1137187000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2024 2024-01-01 – 2024-12-31 | USD 527.54 million Exact valueExact value: 527543000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 1.1 billion Exact valueExact value: 1098292000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
| 2025 2025-01-01 – 2025-12-31 | USD 446.91 million Exact valueExact value: 446909000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 1.08 billion Exact valueExact value: 1078175000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | Unavailable Not reported for this period. | Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period. |
Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.
Dataset coverage and company identifiers
Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.
285 filings · 3,798 latest values · 3,798 originally reported values
Dataset published . Source filing dates and reporting periods are shown separately.
Identifiers: 0000912595, 912595, MAA, MAA-PI, edgar:912595
Also known as MID AMERICA APARTMENT COMMUNITIES INC, MID AMERICA APARTMENT COMMUNITIES INC., MID AMERICA APARTMENT COMMUNITIES INC.,, MID-AMERICA APARTMENT COMMUNITIES, INC.