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.

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

Mid-America Apartment Communities (MAA) generated $2.21B in revenue, 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 — TTM through Q4 2025

Calculated from the four most recent reported quarters, ending December 31, 2025 (reported February 6, 2026).

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.

Data & methodology

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 use a pre-aggregated twelve-month view aligned with our latest four quarterly periods. 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.