Question 1

What is Mid-America Apartment Communities's P/E ratio?

Accepted Answer

Mid-America Apartment Communities (MAA) P/E ratio is 39.3× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for Mid-America Apartment Communities?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Mid-America Apartment Communities specifically, the relevant sector benchmark is the current sector median of 28.1×.

Question 5

Is Mid-America Apartment Communities's P/E ratio high or low?

Accepted Answer

Mid-America Apartment Communities's P/E ratio of 39.3× is above its own 5-year average of 34.2× and above the sector median of 28.1×. That places the current reading at the 82th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Mid-America Apartment Communities's historical P/E ratio range?

Accepted Answer

In the available daily series, Mid-America Apartment Communities (MAA) P/E ratio has ranged from a low of 16.1× in 2002 to a high of 83.0× in 2011. The 5-year average is 34.2× and the 5-year median is 33.0×.

Question 7

What was Mid-America Apartment Communities's P/E ratio in 2025?

Accepted Answer

Mid-America Apartment Communities (MAA) P/E ratio at the end of 2025 was 36.4×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does Mid-America Apartment Communities's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$16.3B	$447M	36.4×	+2.1×	Dec 31, 2025
2024	$18.1B	$528M	34.2×	+5.9×	Dec 31, 2024
2023	$15.7B	$553M	28.4×	-0.0×	Dec 31, 2023
2022	$18.1B	$637M	28.4×	-21.1×	Dec 31, 2022
2021	$26.4B	$534M	49.5×	-7.3×	Dec 31, 2021
2020	$14.5B	$255M	56.8×	+14.3×	Dec 31, 2020
2019	$15B	$354M	42.5×	-6.3×	Dec 31, 2019
2018	$10.9B	$223M	48.8×	+14.1×	Dec 31, 2018
2017	$11.4B	$328M	34.7×	-5.9×	Dec 31, 2017
2016	$8.63B	$212M	40.7×	+20.1×	Dec 31, 2016
2015	$6.83B	$332M	20.6×	-17.4×	Dec 31, 2015
2014	$5.61B	$148M	37.9×	-1.4×	Dec 31, 2014
2013	$4.54B	$115M	39.4×	+13.4×	Dec 31, 2013
2012	$2.74B	$105M	26.0×	-22.9×	Dec 31, 2012
2011	$2.39B	$48.8M	48.9×	-24.3×	Dec 31, 2011
2010	$2.18B	$29.8M	73.2×	+36.4×	Dec 31, 2010
2009	$1.37B	$37.2M	36.8×	+2.3×	Dec 31, 2009
2008	$1.04B	$30.2M	34.5×	+7.2×	Dec 31, 2008
2007	$1.09B	$39.9M	27.2×	-40.0×	Dec 31, 2007
2006	$1.41B	$20.9M	67.2×	+13.7×	Dec 31, 2006
2005	$1.06B	$19.7M	53.5×	+19.8×	Dec 31, 2005
2004	$850M	$25.2M	33.7×	+1.1×	Dec 31, 2004
2003	$659M	$20.2M	32.6×	+5.8×	Dec 31, 2003
2002	$433M	$16.1M	26.8×	—	Dec 31, 2002


Realty Income (O)	49.4×
Digital Realty Trust (DLR)	45.1×
Weyerhaeuser (WY)	44.4×
Agree Realty (ADC)	41.1×
Tanger (SKT)	31.0×
CBRE Group (CBRE)	30.4×
Prologis (PLD)	30.0×
Extra Space Storage (EXR)	29.3×
STAG Industrial (STAG)	28.2×
American Tower (AMT)	28.0×
Camden Property Trust (CPT)	26.4×
BXP (BXP)	26.0×
Invitation Homes (INVH)	25.8×
Public Storage (PSA)	25.0×
Kimco Realty (KIM)	24.5×
UDR (UDR)	22.5×
Regency Centers (REG)	22.1×
NNN REIT (NNN)	20.5×
AvalonBay Communities (AVB)	20.0×
SBA Communications (SBAC)	17.9×
Host Hotels & Resorts (HST)	13.1×
Simon Property Group (SPG)	12.9×
Arbor Realty Trust (ABR)	12.6×
VICI Properties (VICI)	9.4×
Apartment Investment and Management (AIV)	1.0×

P/E Ratio for Mid-America Apartment Communities (MAA) 2002-2026

P/E Ratio daily chart for Mid-America Apartment Communities (MAA)

Historical P/E Ratio for Mid-America Apartment Communities (MAA) from 2002 to 2025

About P/E Ratio at Mid-America Apartment Communities (MAA)

Mid-America Apartment Communities P/E Ratio by Year

Mid-America Apartment Communities P/E Ratio 2025: 36.4×

Mid-America Apartment Communities P/E Ratio 2024: 34.2×

Mid-America Apartment Communities P/E Ratio 2023: 28.4×

Mid-America Apartment Communities P/E Ratio 2022: 28.4×

Mid-America Apartment Communities P/E Ratio 2021: 49.5×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Mid-America Apartment Communities (MAA) Key Financials