What one share of Mid-America Apartment Communities holds
MAA, an S&P 500 company, is a multifamily-focused, self-administered and self-managed real estate investment trust, or REIT. We own, operate, acquire and selectively develop apartment communities primarily located in the Southeast, Southwest and Mid-Atlantic regions of the U.S.
Mid-America Apartment Communities’s numbers from its SEC filings, divided by its shares. Results cover the last 12 months to 2026-03-31; the balance sheet is as of 2026-03-31.
| Sales | $18.91 |
|---|---|
| Profit | $3.30 |
| Capex (buildings and equipment) | $2.96 |
| Free cash flow | $5.85 |
| Dividends | $6.07 |
| Cash and investments | $0.61 |
| Debt | $97.23 |
| Book value | $3.08 |
Per share by fiscal year
| Year | Sales | Profit | Capex | Free cash | Dividends | Book value |
|---|---|---|---|---|---|---|
| 2008 | $13.66 | $0.64 | $0.67 | $4.49 | $2.46 | $16.43 |
| 2009 | $13.17 | $0.86 | $1.39 | $3.55 | $2.46 | $14.80 |
| 2010 | $11.89 | $0.56 | $0.83 | $3.36 | $2.47 | $14.87 |
| 2011 | $11.02 | $1.32 | $1.20 | $3.21 | $2.54 | $18.44 |
| 2012 | $11.58 | $2.56 | $1.10 | $3.81 | $2.67 | $2.65 |
| 2017 | $13.45 | $2.86 | $3.02 | $2.79 | $3.53 | $57.46 |
| 2018 | $13.80 | $1.93 | $2.24 | $4.21 | $3.73 | $54.02 |
| 2019 | $14.38 | $3.07 | $1.67 | $5.18 | $3.88 | $53.12 |
| 2020 | $14.65 | $2.19 | $1.97 | $5.23 | $4.03 | $51.34 |
| 2021 | $15.46 | $4.61 | $2.43 | $5.35 | $4.16 | $51.72 |
| 2022 | $17.48 | $5.48 | $2.56 | $6.60 | $4.99 | $52.00 |
| 2023 | $18.42 | $4.71 | $2.93 | $6.82 | $5.67 | $52.22 |
| 2024 | $18.76 | $4.49 | $2.76 | $6.64 | $5.92 | $4.07 |
| 2025 | $18.86 | $3.78 | $3.08 | $6.13 | $6.08 | $3.50 |
Common questions about Mid-America Apartment Communities
How much does one share of Mid-America Apartment Communities earn?
Over the last 12 months, each share of Mid-America Apartment Communities earned $3.30 of profit on $18.91 of sales, keeping about 17¢ of every $1 (profit margin).
Does Mid-America Apartment Communities pay a dividend?
Yes. Mid-America Apartment Communities paid $6.07 per share in dividends over the last 12 months. That’s about 184¢ of each $1 of profit (payout ratio).
What is Mid-America Apartment Communities’s book value per share?
Mid-America Apartment Communities’s book value is $3.08 per share: what would be left for each share if it sold everything at the values on its books and paid every debt, as of March 31, 2026.
How much cash and debt does each share of Mid-America Apartment Communities have?
Each share of Mid-America Apartment Communities has $0.61 of cash and investments and $97.23 of debt, as of March 31, 2026.
What is Mid-America Apartment Communities’s free cash flow per share?
$5.85 per share over the last 12 months. Free cash flow is the cash left over after spending on buildings and equipment.
How has Mid-America Apartment Communities’s profit per share changed over time?
Profit per share went from $0.64 in 2008 to $3.78 in 2025, growing about 11.0% a year (adjusted for stock splits).
Has Mid-America Apartment Communities bought back shares?
Mid-America Apartment Communities’s share count rose about 333% from 2008 to 2025. That dilution means each share owns a smaller slice of the company.
From its SEC filings. For education only, not investment advice. New to these words? See the StockSlicer glossary.