Mid-America Apartment Communities, Inc. (MAA) Earnings History
Annual and quarterly earnings data from 1994 to 2025
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MAA EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
MAA Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 31.8% | 28.0% | 20.2% |
| 2024 | 32.6% | 30.0% | 24.1% |
| 2023 | 34.8% | 32.1% | 25.7% |
| 2022 | 34.0% | 31.1% | 31.6% |
| 2021 | 29.1% | 26.1% | 30.0% |
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Mid-America Apartment Communities, Inc. (MAA) Earnings Overview
As of May 6, 2026, Mid-America Apartment Communities, Inc. (MAA) reported trailing twelve-month net income of $403M, reflecting -15.8% year-over-year growth. The company earned $3.45 per diluted share over the past four quarters, with a net profit margin of 20.2%.
Looking at the long-term picture, MAA's 5-year EPS compound annual growth rate (CAGR) stands at +11.5%, showing solid earnings momentum. The company achieved its highest annual net income of $637M in fiscal 2022.
Mid-America Apartment Communities, Inc. maintains industry-leading profitability with a gross margin of 31.8%, operating margin of 28.0%, and net margin of 20.2%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including EQR ($954M net income, 36.1% margin), AVB ($1.05B net income, 34.6% margin), CPT ($388M net income, 24.4% margin), MAA has room to improve margins relative to the peer group. Compare MAA vs EQR →
MAA Earnings vs Peers
Earnings metrics vs comparable public companies
MAA Historical Earnings Data (1994–2025)
32 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $447M | -15.3% | $619M | $3.78 | 20.2% | 28.0% |
| 2024 | $528M | -4.6% | $657M | $4.49 | 24.1% | 30.0% |
| 2023 | $553M | -13.3% | $689M | $4.71 | 25.7% | 32.1% |
| 2022 | $637M | +19.4% | $629M | $5.48 | 31.6% | 31.1% |
| 2021 | $534M | +109.6% | $465M | $4.61 | 30.0% | 26.1% |
| 2020 | $255M | -28.0% | $428M | $2.19 | 15.2% | 25.5% |
| 2019 | $354M | +58.7% | $432M | $2.99 | 21.6% | 26.4% |
| 2018 | $223M | -32.1% | $401M | $1.89 | 14.2% | 25.5% |
| 2017 | $328M | +54.7% | $355M | $2.86 | 21.5% | 23.2% |
| 2016 | $212M | -36.1% | $272M | $2.69 | 18.9% | 24.2% |
Full MAA Stock Analysis
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Start ComparisonMAA — Frequently Asked Questions
Quick answers to the most common questions about buying MAA stock.
Is MAA growing earnings?
MAA EPS fell to $3.45, with earnings declining -15.8%. This contrasts with the 5-year CAGR of +11.5%. TTM net income dropped to $403M.
What are MAA's profit margins?
Mid-America Apartment Communities, Inc. net margin is +20.2%, with operating margin at +28.0%. Above-average margins indicate pricing power.
How consistent are MAA's earnings?
MAA earnings data spans 1994-2025. The declining earnings trend is -15.8% YoY. Historical data enables comparison across business cycles.