MAA · XBRL financial data

Mid-America Apartment Communities financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (MAA's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	1,678	1,778	2,020	2,148	2,191	2,209
General and administrative	47	53	59	59	57	55
Total operating expenses	—	—	724	768	820	838
Interest expense	168	157	155	149	169	185
Other income (expense)	5	34	(43)	31	2	(47)
Income tax expense (benefit)	3	14	(6)	5	5	5
Net income (loss)	255	534	637	553	528	447
Earnings per share, basic USD per share	2.20	4.62	5.49	4.71	4.49	3.79
Earnings per share, diluted USD per share	2.19	4.61	5.48	4.71	4.49	3.78
Weighted average shares, basic millions of shares	114	115	115	117	117	117
Weighted average shares, diluted millions of shares	115	115	116	117	117	117

Fiscal years (MAA's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	25	54	39	41	43	60
Right-of-use asset	49	47	45	43	41	38
Total assets	11,195	11,285	11,241	11,485	11,812	11,975
Total liabilities	5,091	5,101	5,031	5,185	5,665	6,136
Total stockholders' equity	5,872	5,965	6,005	6,094	5,942	5,663
Total liabilities and equity	11,195	11,285	11,241	11,485	11,812	11,975
Common shares outstanding (cover page) millions of shares	114	115	117	117	117	117

Fiscal years (MAA's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	255	534	637	553	528	447
Stock-based compensation	14	17	19	16	16	17
Depreciation and amortization	512	534	544	566	586	623
Net cash from operating activities	824	895	1,058	1,137	1,098	1,078
Net cash from investing activities	(485)	(254)	(405)	(775)	(825)	(690)
Proceeds from issuing common stock	—	1	1	205	1	1
Share repurchases	—	—	—	0	0	27
Dividends paid	457	470	540	652	687	709
Net cash from financing activities	(374)	(546)	(723)	(368)	(271)	(371)
Net change in cash	(35)	95	(70)	(6)	2	17

SIC 6798 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 6798 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
Mid America Apartment Communities	26	560	not reported	116.0M	Q3 FY26 10-QSep 30, 2026
Camden Property Trust	45	3.1	212*	100.5M	Q2 FY26 10-QJun 30, 2026
Equity Lifestyle Properties	24	410	152*	194.8M	Q3 FY26 10-QSep 30, 2026
Annaly Capital Management	2,181	not reported	2,856*	787.9M	Q3 FY26 10-QSep 30, 2026
American Homes 4 Rent	84	not reported	293*	not reported	Q2 FY26 10-QJun 30, 2026
Royal Gold	182	451	335*	84.7M	Q2 FY26 10-QJun 30, 2026
Alexandria Real Estate Equities	509	671	342*	174.2M	Q3 FY26 10-QSep 30, 2026
Gaming & Leisure Properties	166	435	280*	290.9M	Q3 FY26 10-QSep 30, 2026
Regency Centers	not reported	414	not reported	183.1M	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.