Mid-America Apartment Communities, Inc. (MAA) Financials
Key financial figures for Mid-America Apartment Communities, Inc. (Q3 2026).
MAA Q3 2026 Core FFO of $2.10 per diluted share, down from $2.16 a year ago, with full-year Core FFO guidance midpoint trimmed to $8.49 from $8.53. Core FFO was $2.10 per diluted share versus $2.16 in Q3 2025; FFO was $2.11 versus $2.14, and diluted EPS was $0.72 versus $0.84. Same Store revenue fell 0.4% and Same Store NOI fell 1.8% year over year (expenses rose 2.0%); Same Store average physical occupancy was 95.3% and average effective rent per unit was $1,691. Effective blended lease rate growth was 0.4% (new leases -6.0%, renewals +5.3%), a 10 basis point improvement on the prior year; resident turnover was 39.6%. On the outlook: Full-year 2026 Core FFO per diluted share updated to $8.43 to $8.55 (midpoint $8.49) from $8.41 to $8.65 (midpoint $8.53); diluted EPS to $3.61 to $3.73 from $3.96 to $4.20; Core AFFO per share to $7.40 to $7.52 from $7.38 to $7.62; Same Store revenue growth to -0.40% to -0.10% from -0.20% to 0.40%, expense growth to 1.15% to 1.65% from 1.25% to 2.25%, NOI growth to -1.70% to -0.80% from -1.70% to -0.10%. Q4 2026 Core FFO expected at $2.12 to $2.24 per diluted share (midpoint $2.18). Figures are for Q3 2026, as Mid-America Apartment Communities reported them.
- Revenue
- $560M
- Net Income
- $84M
- EPS
- $0.72
- Total Assets
- $12.0B
- Operating Cash Flow
- $257M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $560M | $84M | $0.72 | $76M | |
| Q2 FY2026 | $555M | $122M | $1.04 | $224M | |
| Q1 FY2026 | $554M | $124M | $1.06 | $16M | |
| Q4 FY2025 | $556M | $58M | $0.48 | $159M | |
| Q3 FY2025 | $554M | $100M | $0.84 | $171M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $2.2B | $447M | $3.78 | $718M | |
| FY2024 | $2.2B | $528M | $4.49 | $776M | |
| FY2023 | $2.1B | $553M | $4.71 | $796M |
Frequently asked questions
What was Mid-America Apartment Communities's revenue last quarter?
Mid-America Apartment Communities reported revenue of $560.1 million for Q3 FY2026, up 1.0% from the same period a year earlier.
Is Mid-America Apartment Communities profitable?
Yes. Mid-America Apartment Communities reported net income of $84.0 million for Q3 FY2026, a net margin of 15% on revenue.
How much free cash flow did Mid-America Apartment Communities generate?
Mid-America Apartment Communities generated free cash flow of $76.0 million in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Mid-America Apartment Communities, Inc. on SentiSense, with up to forty quarters and twenty fiscal years of history.