Mid-America Apartment Communities financials
$118.43+0.08%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $555.1M | $553.7M | $555.6M | $554.4M | $549.9M | $549.3M | $549.8M | $551.1M | $546.4M | $543.6M | $542.2M | $542.0M |
| Gross profit | $418.6M | $426.1M | $431.4M | $417.1M | $417.4M | $424.3M | $426.0M | $416.7M | $420.2M | $543.6M | $542.2M | $542.0M |
| Gross margin | 75.4% | 77.0% | 77.6% | 75.2% | 75.9% | 77.3% | 77.5% | 75.6% | 76.9% | 100.0% | 100.0% | 100.0% |
| Operating income | $140.8M | $167.3M | $157.7M | $151.0M | $151.4M | $231.3M | $162.4M | $162.8M | $165.7M | $165.8M | $176.9M | $166.3M |
| Net income | $120.8M | $123.4M | $56.6M | $98.6M | $107.2M | $180.8M | $165.7M | $114.3M | $101.0M | $142.8M | $159.6M | $109.8M |
| Net margin | 21.8% | 22.3% | 10.2% | 17.8% | 19.5% | 32.9% | 30.1% | 20.7% | 18.5% | 26.3% | 29.4% | 20.3% |
| Diluted EPS | $1.04 | $1.06 | $0.48 | $0.84 | $0.92 | $1.54 | $1.42 | $0.98 | $0.86 | $1.22 | $1.37 | $0.94 |
| EBITDA | $303.5M | $309.1M | $317.6M | $307.8M | $305.1M | $311.9M | $313.5M | $309.8M | $310.9M | $309.0M | $176.9M | $313.2M |
| Operating cash flow | $332.9M | $149.6M | $261.7M | $266.4M | $353.4M | $196.6M | $239.1M | $309.5M | $349.4M | $200.3M | $66.8M | $318.2M |
| Free cash flow | $206.9M | $62.3M | $130.0M | $74.6M | $255.9M | $124.0M | $40.6M | $118.2M | $213.4M | $102.6M | -$73.2M | $184.4M |
| Diluted shares | 116.1M | 116.7M | 117.2M | 117.2M | 117.2M | 117.1M | 116.7M | 116.8M | 116.8M | 116.8M | 116.7M | 116.7M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $51.8M | $71.5M | $60.3M | $32.2M | $54.5M | $55.8M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $5.69B | $5.66B | $5.41B | $5.20B | $5.05B | $5.04B |
| Total assets | $11.99B | $11.99B | $11.98B | $11.93B | $11.84B | $11.81B |
| Total liabilities | $6.39B | $6.29B | $6.14B | $5.91B | $5.75B | $5.65B |
| Shareholders' equity | $5.58B | $5.69B | $5.82B | $5.99B | $6.07B | $6.13B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology