How Mid-America Apartment Communities (MAA) Makes Money: A Visual Guide

Mid-America Apartment Communities (MAA) generated $2.21B in revenue (TTM through Q4 2025), earning $446.91M in net profit (20.2% margin). Its largest revenue source is Same Store (94% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.

Mid-America Apartment Communities (MAA) Income Statement Flow

Frequently asked questions

How does Mid-America Apartment Communities (MAA) make money?

Mid-America Apartment Communities (MAA) primarily makes money through Same Store, which accounts for 94% of total revenue. For TTM through Q4 2025, Mid-America Apartment Communities generated $2.21B in total revenue with a net profit margin of 20.2%.

What is Mid-America Apartment Communities (MAA) gross profit margin?

Mid-America Apartment Communities (MAA) reported a gross profit margin of 31.8% for TTM through Q4 2025, equivalent to $703.07M in gross profit. This means Mid-America Apartment Communities retains 31.8% of each revenue unit after direct costs of production.

What is Mid-America Apartment Communities (MAA) operating profit margin?

Mid-America Apartment Communities (MAA) reported an operating profit margin of 28% for TTM through Q4 2025, equivalent to $619.44M in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.

What is Mid-America Apartment Communities (MAA) net profit margin?

Mid-America Apartment Communities (MAA) reported a net profit margin of 20.2% for TTM through Q4 2025, equivalent to $446.91M in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.

How much does Mid-America Apartment Communities (MAA) spend on capital expenditures?

Mid-America Apartment Communities (MAA) spent $360.24M on capital expenditures in TTM through Q4 2025 (16.3% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.

What is Mid-America Apartment Communities (MAA) free cash flow?

Mid-America Apartment Communities (MAA) generated $717.94M in free cash flow for TTM through Q4 2025 (32.5% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.

What is Mid-America Apartment Communities (MAA) effective tax rate?

Mid-America Apartment Communities (MAA) had an effective tax rate of 1% for TTM through Q4 2025. This is the actual percentage of pre-tax income paid as income taxes.

About this data

What is a Sankey diagram?
A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
How is the data calculated?
We use the income statement from company filings. For TTM (Trailing Twelve Months), we sum the last four quarters. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
When was this data last updated?
Based on company filings through TTM through Q4 2025.