MAA vs ALX vs TRC Stock Comparison

Mid America Apartment Communities, Alexanders and Tejon Ranch Prices as of Oct 26, 2026 Peers: Industry group
ALX Alexanders Inc
$251.07 +1.4% 1M +7.0% 1Y
Market cap
$1.28B
P/E
7.5x
Revenue (TTM)
$214.80M
Div. yield
0.07%
Office REITs Real Estate
6 wins
TRC Tejon Ranch Co
$16.26 -1.0% 1M +0.6% 1Y
Market cap
$442.06M
P/E
73.2x
Revenue (TTM)
$56.84M
Div. yield
–
Real Estate Development Real Estate
2 wins

Head to Head

12 decided of 12

Alexanders leads on 6 of the 12 questions below (Alexanders 6, Mid America Apartment Communities 4, Tejon Ranch 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionMAAALXTRCLeader
Larger companyMarket capitalisation $13.78B $1.28B $442.06M MAA
Cheaper on earningsLower P/E, profitable companies only 34.5x 7.5x 73.2x ALX
Cheaper on forward earningsLower price / next fiscal year consensus EPS 33.5x 29.7x 95.6x ALX
Faster revenue growthRevenue growth, trailing twelve months +0.8% -1.5% +25.4% TRC
More profitableNet margin, trailing twelve months 18.0% 79.1% 10.6% ALX
Better return on capitalReturn on invested capital 5.3% — 0.0% MAA
Less leveragedLower net debt / EBITDA 4.5x — 12.9x MAA
Higher dividend yieldTrailing dividend yield 0.05% 0.07% 0.00% ALX
Better 1-year returnPrice return, last 12 months -10.8% +7.0% +0.6% ALX
Better 5-year returnAnnualised price return, 5 years -10.1%/yr -2.3%/yr -2.4%/yr ALX
Less volatileAnnualised volatility, 1 year 19.8% 28.0% 21.4% MAA
Higher overall scoreMean of the five percentile scores vs peers 51/100 36/100 57/100 TRC

Percentile Scorecard

MAAALXTRC

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisMAAALXTRC
Valuation 42 #85 of 145 31 #101 of 145 29 #28 of 39
Growth 15 #121 of 142 34 #94 of 142 69 #11 of 33
Profitability 87 #19 of 136 44 #76 of 136 52 #15 of 30
Financial Health 62 #54 of 139 9 #126 of 139 78 #9 of 38
Shareholder Returns 49 #68 of 131 59 #54 of 131 –
Overall 51 36 57
  • MAA ranked among 149 companies in Property REITs
  • ALX ranked among 149 companies in Property REITs
  • TRC ranked among 42 companies in Property Developers

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodMAAALXTRCSPY
1 month +1.0%+1.4%-1.0% -0.8%
3 months -10.4%-6.2%-7.7% +3.5%
6 months -4.6%+2.5%-19.3% +7.0%
Year to date -13.9%+15.2%+3.1% +12.2%
1 year -10.8%+7.0%+0.6% +13.0%
3 years +1.7%+40.1%+5.9% +86.3%
3 years, per year +0.6%+11.9%+1.9% +23.1%
5 years -41.4%-10.9%-11.4% +68.6%
5 years, per year -10.1%-2.3%-2.4% +11.0%
10 years +29.2%-35.0%-28.1% +258.0%
10 years, per year +2.6%-4.2%-3.2% +13.6%

Risk

MeasureMAAALXTRCSPY
Volatility, 1Y 19.8%28.0%21.4% 12.7%
Downside volatility, 1Y 19.2%30.5%20.8% 12.7%
Beta vs S&P 500, 1Y 0.050.230.23 1.00
Return / volatility, 1Y -0.540.250.03 1.02
Max drawdown, 5Y -50.2%-44.5%-32.4% -25.4%
From 52-week high -15.9%-12.4%-20.6% -1.8%
52-week high $142.19$286.59$20.48 $779.14
52-week low $114.20$205.15$15.58 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleMAAALXTRC
P/E now vs peer median 34.7xmedian 27.4x 7.6xmedian 27.4x 72.7xmedian 7.8x
P/S now vs peer median 6.3xmedian 4.2x 6.0xmedian 4.2x 7.7xmedian 4.9x
EV/EBITDA now vs peer median 15.4xmedian 14.2x —median 14.2x 83.2xmedian 11.2x
P/FCF now vs peer median 29.3xmedian 23.2x 88.3xmedian 23.2x -16.9xmedian 6.4x
P/B now vs peer median 2.5xmedian 1.3x 5.7xmedian 1.3x 0.9xmedian 0.6x
PEG now vs peer median -2.84median 2.11 0.43median 2.11 -2.90median 0.33

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsMAAALXTRC
Revenue $2.22B $214.80M $56.84M
Operating income – – -$515.00K
Net income $410.71M $169.82M $6.04M
Free cash flow $473.83M $14.53M -$26.03M
EPS (diluted) $3.44 $33.05 $0.22
Cash & equivalents $51.84M $303.31M $3.87M
Total debt $21.95B $3.48B $377.27M
Shares (diluted) 116.14M 5.14M 27.07M
Enterprise value $13.56B $487.77M $361.68M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricMAAALXTRC
P/E 34.7x 7.6x 72.7x
P/FCF 29.3x 88.3x -16.9x
P/Operating cash flow 13.7x 47.2x 35.2x
P/S 6.3x 6.0x 7.7x
P/B 2.5x 5.7x 0.9x
P/Tangible book 2.5x 5.7x 0.9x
EV/EBITDA 15.4x – 83.2x
EV/EBIT 31.6x – -1,010x
EV/Revenue 8.8x 8.4x 9.1x
EV/FCF 41.2x 124.8x -20.0x
EV/Operating cash flow 19.3x 66.8x 41.7x
PEG (3Y EPS CAGR) -2.84 0.43 -2.90

Growth

14 metrics
MetricMAAALXTRC
Revenue growth (1Y) 0.8% -1.5% 25.4%
Revenue CAGR (3Y) 1.6% 0.2% –
Gross profit growth (1Y) – – –
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) – – 94.8%
Operating income CAGR (3Y) – – -27.1%
Net income growth (1Y) -30.0% 354.2% 1,237%
Net income CAGR (3Y) -12.5% 17.9% -24.8%
EPS growth (1Y) -29.0% 354.0% 1,233%
EPS CAGR (3Y) -12.2% 17.8% -25.1%
Operating cash flow growth (1Y) -8.0% -68.1% -8.4%
Operating cash flow CAGR (3Y) -4.2% -28.8% 21.0%
Free cash flow growth (1Y) -12.0% -74.4% 55.6%
Free cash flow CAGR (3Y) -4.5% -38.2% -24.6%

Profitability

14 metrics
MetricMAAALXTRC
Gross margin – – –
EBITDA margin 57.1% – 11.0%
Operating margin – – -0.9%
Pretax margin 18.8% – 5.1%
Net margin 18.0% 79.1% 10.6%
FCF margin 21.4% 6.8% -45.8%
Operating cash flow margin 45.6% 12.6% 21.9%
Return on equity 7.3% – 1.2%
Return on assets 3.4% – 0.9%
Return on invested capital 5.3% – 0.0%
Return on capital employed – – -0.1%
Asset turnover 0.2x 0.2x 0.1x
Cash conversion (OCF / net income) 2.5x 0.2x 2.1x
Stock comp / revenue 0.9% – 2.0%

Financial Health

11 metrics
MetricMAAALXTRC
Debt / assets 47.5% 69.4% 15.0%
Debt / equity 1.0x 3.7x 0.2x
Net debt / EBITDA 4.5x – 12.9x
Debt / FCF 12.0x 57.4x -3.7x
Liabilities / assets 53.5% 81.4% 22.9%
Equity / assets 46.5% 18.6% 77.1%
Interest coverage 3.1x – –
Current ratio – – 2.9x
Quick ratio – – 1.6x
Cash ratio – – 1.4x
Altman Z-score – – 2.17

Shareholder Returns

7 metrics
MetricMAAALXTRC
Dividend yield 5.1% 7.2% –
Net buyback yield 0.9% – –
Shareholder yield 6.0% 7.2% 0.0%
Payout ratio (earnings) 173.3% 54.4% –
Payout ratio (FCF) 150.2% 636.3% –
Dividend growth (1Y) 2.0% 0.0% –
Dividend CAGR (3Y) 5.1% 0.1% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusMAAALXTRC
Forward P/E 33.5xFY2026 29.7xFY2027 95.6xFY2026
EPS, next fiscal year $3.57FY2026 $8.44FY2027 $0.17FY2026
EPS growth, next FY -5.6%FY2026 -31.2%FY2027 +1,600.0%FY2026
EPS growth, the year after -9.0% – +147.1%
Revenue, next fiscal year $2.29BFY2026 $259.67MFY2026 $57.93MFY2026
Revenue growth, next FY +3.8%FY2026 +21.8%FY2026 +16.8%FY2026
Revenue growth, the year after +1.5% -8.1% +23.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersMAAALXTRC
Held by institutions 97.1% 38.9% 78.6%
Institutions holding 771 153 127
Change in shares held, QoQ +8.2% +2.7% +1.3%
Institutions buying 395 71 61
Institutions selling 262 50 30
Buyers to sellers 1.51 1.42 2.03

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

MAAALXTRC
MAA 1.00 0.33 0.24
ALX 0.33 1.00 0.24
TRC 0.24 0.24 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, MAA, ALX and TRC?

Mid America Apartment Communities (MAA) is the largest by market capitalisation: Mid America Apartment Communities (MAA) $13.78B, Alexanders (ALX) $1.28B, Tejon Ranch (TRC) $442.06M.

Which stock is cheaper, MAA, ALX and TRC?

Alexanders (ALX) trades on the lowest price-to-earnings ratio (Mid America Apartment Communities (MAA) 34.5x, Alexanders (ALX) 7.5x, Tejon Ranch (TRC) 73.2x). On next year's consensus earnings, Alexanders (ALX) is cheapest (Mid America Apartment Communities (MAA) 33.5x, Alexanders (ALX) 29.7x, Tejon Ranch (TRC) 95.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Tejon Ranch (TRC) grew revenue fastest over the trailing twelve months: Mid America Apartment Communities (MAA) +0.8%, Alexanders (ALX) -1.5%, Tejon Ranch (TRC) +25.4%.

Which company is more profitable?

Alexanders (ALX) has the highest net margin (Mid America Apartment Communities (MAA) 18.0%, Alexanders (ALX) 79.1%, Tejon Ranch (TRC) 10.6%). On return on invested capital, Mid America Apartment Communities (MAA) leads (Mid America Apartment Communities (MAA) 5.3%, Tejon Ranch (TRC) 0.0%).

Which stock has performed better?

Over the past year Alexanders (ALX) returned the most: Mid America Apartment Communities (MAA) -10.8%, Alexanders (ALX) +7.0%, Tejon Ranch (TRC) +0.6%. Over five years, Alexanders (ALX) compounded fastest (Mid America Apartment Communities (MAA) -10.1%/yr, Alexanders (ALX) -2.3%/yr, Tejon Ranch (TRC) -2.4%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Alexanders (ALX) has the highest dividend yield: Mid America Apartment Communities (MAA) 0.05%, Alexanders (ALX) 0.07%, Tejon Ranch (TRC) 0.00%. Tejon Ranch (TRC) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Mid America Apartment Communities (MAA) has been the steadiest (Mid America Apartment Communities (MAA) 19.8%, Alexanders (ALX) 28.0%, Tejon Ranch (TRC) 21.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, MAA, ALX and TRC?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Alexanders (ALX) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.