In Q1 FY2026 (ended March 31, 2026), Mid-America Apartment Communities reported revenue of $553.7 million, up 0.8% year-over-year. Net income was $124.4 million, a decline of 31.5% from the prior year. Diluted EPS fell 31.2% to $1.06. Cash and equity stood at $71.5 million and $5.54 billion, respectively.
•Revenue increased 0.8% YoY to $553.7 million.
•Net income decreased 31.5% YoY to $124.4 million.
•Diluted EPS fell 31.2% to $1.06.
•Cash and cash equivalents were $71.5 million; total equity was $5.54 billion.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Mid-America Apartment Communities, Inc. is a self-administered real estate investment trust (REIT) and member of S&P 500. MAA owns or has ownership interest in apartment communities primarily throughout the Southeast, Southwest and Mid-Atlantic regions of the U.S. focused on delivering strong, full-cycle investment performance. Mid-America Apartment Communities, Inc. was incorporated in 1977 in Tennessee and is based in Germantown, United States.
What does Mid-America Apartment Communities, Inc. (MAA-PI) do?
Mid-America Apartment Communities, Inc. (MAA-PI) is a self-administered real estate investment trust (REIT) that focuses on owning and operating apartment communities. The company primarily targets the Southeast, Southwest, and Mid-Atlantic regions of the United States. Its portfolio consists of multifamily residential properties, and it aims to deliver strong, full-cycle investment performance. As a member of the S&P 500, MAA is a significant player in the residential REIT sector. The company manages its properties internally, meaning it handles leasing, maintenance, and property management without relying on external firms.
Where is Mid-America Apartment Communities (MAA-PI) listed and in what currency?
Mid-America Apartment Communities, Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol MAA-PI. The company's financials and dividends are denominated in US Dollars (USD), as it is based in the United States. Investors trading MAA-PI on the NYSE will transact in USD. The exchange listing provides liquidity and access to a broad investor base, and the use of USD aligns with the company's domestic operations and revenue streams.
What sector and industry does MAA-PI belong to?
Mid-America Apartment Communities, Inc. operates in the Real Estate sector, specifically within the REIT - Residential industry. As a real estate investment trust, MAA is required to distribute at least 90% of its taxable income to shareholders as dividends, which is a common structure for residential REITs. The residential REIT industry focuses on owning and managing multifamily properties, such as apartment complexes. MAA's specialization in this area means its performance is closely tied to rental demand, occupancy rates, and housing market trends in its target regions.
Where is Mid-America Apartment Communities headquartered and what markets does it serve?
Mid-America Apartment Communities, Inc. is headquartered in Germantown, Tennessee, United States. The company was incorporated in 1977 in Tennessee. Its apartment communities are primarily located in the Southeast, Southwest, and Mid-Atlantic regions of the U.S., which includes states such as Texas, Florida, Georgia, North Carolina, and Virginia. By focusing on these high-growth regions, MAA aims to benefit from population and job growth trends. The company does not have international operations, as its entire portfolio is within the United States.
What is the business model of Mid-America Apartment Communities (MAA-PI)?
Mid-America Apartment Communities operates as a self-administered real estate investment trust (REIT), meaning it manages its own properties rather than outsourcing to third-party managers. Its primary source of revenue is rental income from its apartment communities. The company owns or has ownership interests in multifamily properties across the Southeast, Southwest, and Mid-Atlantic U.S. By being self-administered, MAA retains control over operations, including leasing, maintenance, and capital improvements. As a REIT, it is structured to pass through most of its income to shareholders in the form of dividends, making it a vehicle for income-focused investors.