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

PeriodRevenueNet IncomeEPSOperating MarginFree 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

PeriodRevenueNet IncomeEPSOperating MarginFree 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.