Capital Expenditures for Mid-America Apartment Communities (MAA)
According to Mid-America Apartment Communities's latest reported financial statements, the company's current capital expenditures (TTM) is $360.24M USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingCapital ExpendituresSwitch metric
Latest period
$360.24M
YoY change
+11.7%
5Y CAGR
+9.8%
Peak year (2021)
$511.28M
Cumulative capital expenditures
$5.54B
CapEx history chart for Mid-America Apartment Communities (MAA) from 1994 to 2025
CapEx history table for Mid-America Apartment Communities (MAA) from 1994 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $360.24M | +11.7% | ||
| 2024 | $322.37M | -5.5% | ||
| 2023 | $341.22M | +15.2% | ||
| 2022 | $296.18M | -42.1% | ||
| 2021 | $511.28M | +126.7% | ||
| 2020 | $225.51M | +18.6% | ||
| 2019 | $190.20M | -25.3% | ||
| 2018 | $254.72M | -25.9% | ||
| 2017 | $343.89M | +86.9% | ||
| 2016 | $183.98M | +10.8% | ||
| 2015 | $166.02M | +84.1% | ||
| 2014 | $90.20M | +68.8% | ||
| 2013 | $53.44M | +13.2% | ||
| 2012 | $47.22M | +0.6% | ||
| 2011 | $46.95M | +77.1% | ||
| 2010 | $26.50M | -84.8% | ||
| 2009 | $174.47M | -19.5% | ||
| 2008 | $216.61M | +62.6% | ||
| 2007 | $133.19M | -41.0% | ||
| 2006 | $225.77M | +69.8% | ||
| 2005 | $132.94M | -30.3% | ||
| 2004 | $190.72M | +31.7% | ||
| 2003 | $144.77M | +117.2% | ||
| 2002 | $66.64M | +84.5% | ||
| 2001 | $36.11M | -57.8% | ||
| 2000 | $85.66M | +149.0% | ||
| 1999 | $34.40M | -83.1% | ||
| 1998 | $204.03M | +111.4% | ||
| 1997 | $96.50M | +10.2% | ||
| 1996 | $87.53M | +150.1% | ||
| 1995 | $35.00M | -83.9% | ||
| 1994 | $217.30M | — |
CapEx values are taken from Mid-America Apartment Communities's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual capital expenditures for Mid-America Apartment Communities (MAA) came in at $360.24M – grew 11.7% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Mid-America Apartment Communities capital expenditures compounded at +9.8% per year, with the latest reading among the more recent periods of the dataset.
Mid-America Apartment Communities capital expenditures declined from $511.28M in 2021 to $360.24M in 2025, a 29.5% drawdown.
The dataset's maximum capital expenditures sits at $511.28M (2021); the minimum reading of $26.50M dates to 2010.
Mid-America Apartment Communities (MAA) sits 4th of 8 Real Estate peers we track on this metric, against a peer median of $210.59M.
Mid-America Apartment Communities Capital Expenditures by Year
Mid-America Apartment Communities Capital Expenditures 2025: $360.24M
Mid-America Apartment Communities capital expenditures in 2025 was $360.24M, grew 11.7% from 2024.
Mid-America Apartment Communities Capital Expenditures 2024: $322.37M
Mid-America Apartment Communities capital expenditures in 2024 was $322.37M, declined 5.5% below 2023.
Mid-America Apartment Communities Capital Expenditures 2023: $341.22M
Mid-America Apartment Communities capital expenditures in 2023 was $341.22M, grew 15.2% from 2022.
Mid-America Apartment Communities Capital Expenditures 2022: $296.18M
Mid-America Apartment Communities capital expenditures in 2022 was $296.18M, plunged 42.1% below 2021.
Mid-America Apartment Communities Capital Expenditures 2021: $511.28M
Mid-America Apartment Communities capital expenditures in 2021 was $511.28M.
See more financial history for Mid-America Apartment Communities (MAA).
Sector peers — CapEx
Companies in the same sector as Mid-America Apartment Communities, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Equinix, Inc. (EQIX) | $4.31B | Real Estate |
| American Tower Corporation (AMT) | $1.68B | Real Estate |
| Simon Property Group, Inc. (SPG) | $912.35M | Real Estate |
| Public Storage (PSA) | $289.38M | Real Estate |
| Realty Income Corporation (O) | $131.80M | Real Estate |
| Welltower Inc. (WELL) | $33.80M | Real Estate |
| Prologis, Inc. (PLD) | $0 | Real Estate |
| Digital Realty Trust, Inc. (DLR) | $0 | Real Estate |
Frequently asked questions
What is Mid-America Apartment Communities's capital expenditures?
- Latest reported capital expenditures for Mid-America Apartment Communities (MAA) is $360.24M (period ending December 31, 2025).
How has Mid-America Apartment Communities capital expenditures changed year-over-year?
- Mid-America Apartment Communities (MAA) capital expenditures changed +11.7% year-over-year on the latest annual filing.
What is the long-term growth rate of Mid-America Apartment Communities capital expenditures?
- Mid-America Apartment Communities (MAA) capital expenditures compound annual growth rate is +9.8% over the most recent 5 years available.
When did Mid-America Apartment Communities capital expenditures hit its highest annual value?
- Mid-America Apartment Communities capital expenditures reached its highest annual value of $511.28M in 2021.
What was Mid-America Apartment Communities capital expenditures in 2024?
- Mid-America Apartment Communities (MAA) capital expenditures in 2024 was $322.37M.
What was Mid-America Apartment Communities capital expenditures in 2025?
- Mid-America Apartment Communities (MAA) capital expenditures in 2025 was $360.24M.
Metrics overview
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