MAA vs CPT vs IRT Stock Comparison

Mid America Apartment Communities, Camden Property Trust and Independence Realty Trust Prices as of Nov 2, 2026 Peers: Industry group
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CPT Camden Property Trust
$101.71 +6.0% 1M +2.2% 1Y
Market cap
$10.23B
P/E
31.9x
Revenue (TTM)
$13.12M
Div. yield
4.16%
Residential REITs Real Estate
5 wins

Head to Head

10 decided of 12

Camden Property Trust leads on 5 of the 12 questions below (Camden Property Trust 5, Mid America Apartment Communities 4, Independence Realty Trust 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionMAACPTIRTLeader
Larger companyMarket capitalisation $13.73B $10.23B $3.52B MAA
Cheaper on earningsLower P/E, profitable companies only 35.7x 31.9x 80.9x CPT
Cheaper on forward earningsLower price / next fiscal year consensus EPS 33.2x 98.7x 106.8x MAA
Faster revenue growthRevenue growth, trailing twelve months +1.0% +56.8% +3.5% CPT
More profitableNet margin, trailing twelve months 17.3% 2,486.2% 6.5% CPT
Better return on capitalReturn on invested capital 5.3% — — –
Less leveragedLower net debt / EBITDA 4.6x — — –
Higher dividend yieldTrailing dividend yield 5.17% 4.16% 4.68% MAA
Better 1-year returnPrice return, last 12 months -7.7% +2.2% -6.2% CPT
Better 5-year returnAnnualised price return, 5 years -10.3%/yr -9.0%/yr -9.3%/yr CPT
Less volatileAnnualised volatility, 1 year 19.5% 19.6% 21.2% MAA
Higher overall scoreMean of the five percentile scores vs peers 50/100 52/100 53/100 IRT

Percentile Scorecard

MAACPTIRT

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

AxisMAACPTIRT
Valuation 46 #79 of 145 13 #127 of 145 50 #73 of 145
Growth 14 #124 of 144 73 #39 of 144 55 #65 of 144
Profitability 84 #23 of 140 48 #74 of 140 53 #67 of 140
Financial Health 58 #62 of 146 35 #96 of 146 77 #35 of 146
Shareholder Returns 49 #68 of 132 90 #14 of 132 31 #92 of 132
Overall 50 52 53
  • MAA ranked among 149 companies in Property REITs
  • CPT ranked among 149 companies in Property REITs
  • IRT ranked among 149 companies in Property REITs

Price Performance

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

Returns

PeriodMAACPTIRTSPY
1 month +2.7%+6.0%+3.0% -2.3%
3 months -11.3%-8.1%-10.8% -0.7%
6 months -8.3%-2.6%-9.2% +4.8%
Year to date -14.8%-7.6%-14.5% +10.3%
1 year -7.7%+2.2%-6.2% +10.3%
3 years -4.7%+12.3%+9.6% +73.0%
3 years, per year -1.6%+3.9%+3.1% +20.1%
5 years -41.8%-37.7%-38.5% +61.9%
5 years, per year -10.3%-9.0%-9.3% +10.1%
10 years +27.9%+26.0%+90.7% +258.6%
10 years, per year +2.5%+2.3%+6.7% +13.6%

Risk

MeasureMAACPTIRTSPY
Volatility, 1Y 19.5%19.6%21.2% 12.8%
Downside volatility, 1Y 18.8%19.7%22.9% 12.8%
Beta vs S&P 500, 1Y 0.060.090.18 1.00
Return / volatility, 1Y -0.390.11-0.29 0.80
Max drawdown, 5Y -50.2%-53.0%-57.1% -25.4%
From 52-week high -16.7%-13.5%-15.9% -3.5%
52-week high $142.19$117.53$17.77 $779.14
52-week low $114.20$95.82$14.46 $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.

MultipleMAACPTIRT
P/E now vs peer median 35.7xmedian 26.3x 31.9xmedian 26.3x 80.9xmedian 26.3x
P/S now vs peer median 6.2xmedian 4.2x 779.4xmedian 4.2x 5.3xmedian 4.2x
EV/EBITDA now vs peer median 15.4xmedian 14.4x —median 14.4x —median 14.4x
P/FCF now vs peer median 25.7xmedian 23.9x -48.3xmedian 23.9x -965.0xmedian 23.9x
P/B now vs peer median 2.5xmedian 1.3x 2.6xmedian 1.3x 1.0xmedian 1.3x
PEG now vs peer median -2.80median 1.98 1.71median 1.98 -5.15median 1.98

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 monthsMAACPTIRT
Revenue $2.22B $13.12M $666.83M
Net income $394.48M $336.62M $44.30M
Free cash flow $534.81M -$211.62M -$3.65M
EPS (diluted) $3.31 $3.19 $0.18
Cash & equivalents $25.69M $44.72M $46.70M
Total debt $5.84B $4.85B $2.44B
Shares (diluted) 115.95M 102.36M 236.04M
Enterprise value $13.65B $10.17B $3.46B

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
MetricMAACPTIRT
P/E 35.7x 31.9x 80.9x
P/FCF 25.7x -48.3x -965.0x
P/Operating cash flow 13.7x 12.7x 12.8x
P/S 6.2x 779.4x 5.3x
P/B 2.5x 2.6x 1.0x
P/Tangible book 2.5x 2.6x 1.0x
EV/EBITDA 15.4x – –
EV/EBIT 32.0x – –
EV/Revenue 8.8x 1,145x 8.9x
EV/FCF 36.5x -71.0x -1,621x
EV/Operating cash flow 19.5x 18.6x 21.5x
PEG (3Y EPS CAGR) -2.80 1.71 -5.15

Growth

14 metrics
MetricMAACPTIRT
Revenue growth (1Y) 1.0% 56.8% 3.5%
Revenue CAGR (3Y) 1.4% 66.5% 0.9%
Gross profit growth (1Y) – – –
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) – – –
Operating income CAGR (3Y) – – –
Net income growth (1Y) -30.8% 108.1% 57.0%
Net income CAGR (3Y) -13.1% 16.0% -14.6%
EPS growth (1Y) -29.8% 123.5% 55.3%
EPS CAGR (3Y) -12.8% 18.7% -15.7%
Operating cash flow growth (1Y) -5.1% 1.8% 0.2%
Operating cash flow CAGR (3Y) -3.8% 1.1% 1.3%
Free cash flow growth (1Y) 8.0% -377.3% 98.0%
Free cash flow CAGR (3Y) -10.8% -36.7% 71.2%

Profitability

14 metrics
MetricMAACPTIRT
Gross margin – – –
EBITDA margin 57.0% – –
Operating margin – – –
Pretax margin 18.1% – –
Net margin 17.3% 2,486% 6.5%
FCF margin 24.0% -1,613% -0.5%
Operating cash flow margin 45.0% 6,154% 41.4%
Return on equity 7.2% 8.4% 1.3%
Return on assets 3.3% 3.6% 0.7%
Return on invested capital 5.3% – –
Return on capital employed – – –
Asset turnover 0.2x 0.0x 0.1x
Cash conversion (OCF / net income) 2.5x 2.4x 6.2x
Stock comp / revenue 0.9% 128.3% 1.2%

Financial Health

11 metrics
MetricMAACPTIRT
Debt / assets 48.5% 51.3% 40.1%
Debt / equity 1.1x 1.3x 0.7x
Net debt / EBITDA 4.6x – –
Debt / FCF 10.9x -22.9x -669.1x
Liabilities / assets 54.9% 59.0% 42.8%
Equity / assets 45.1% 41.0% 57.2%
Interest coverage 2.9x – –
Current ratio – – –
Quick ratio – – –
Cash ratio – – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricMAACPTIRT
Dividend yield 5.2% 4.2% 4.7%
Net buyback yield 1.1% 6.6% -2.3%
Shareholder yield 6.3% 10.8% 2.3%
Payout ratio (earnings) 180.4% – 363.2%
Payout ratio (FCF) 133.1% – -4,405%
Dividend growth (1Y) 1.2% – 10.2%
Dividend CAGR (3Y) 4.0% – 8.7%

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.

ConsensusMAACPTIRT
Forward P/E 33.2xFY2026 98.7xFY2026 106.8xFY2026
EPS, next fiscal year $3.57FY2026 $1.03FY2026 $0.14FY2026
EPS growth, next FY -5.6%FY2026 -70.9%FY2026 -41.7%FY2026
EPS growth, the year after -9.0% -8.7% +50.0%
Revenue, next fiscal year $2.29BFY2026 $1.60BFY2026 $637.39MFY2026
Revenue growth, next FY +3.8%FY2026 +2.1%FY2026 -2.9%FY2026
Revenue growth, the year after +1.5% -8.2% +20.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersMAACPTIRT
Held by institutions 97.1% 100.0% 98.8%
Institutions holding 773 576 397
Change in shares held, QoQ +8.2% -0.4% +2.0%
Institutions buying 396 267 189
Institutions selling 262 213 142
Buyers to sellers 1.51 1.25 1.33

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.

MAACPTIRT
MAA 1.00 0.92 0.79
CPT 0.92 1.00 0.81
IRT 0.79 0.81 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, MAA, CPT and IRT?

Mid America Apartment Communities (MAA) is the largest by market capitalisation: Mid America Apartment Communities (MAA) $13.73B, Camden Property Trust (CPT) $10.23B, Independence Realty Trust (IRT) $3.52B.

Which stock is cheaper, MAA, CPT and IRT?

Camden Property Trust (CPT) trades on the lowest price-to-earnings ratio (Mid America Apartment Communities (MAA) 35.7x, Camden Property Trust (CPT) 31.9x, Independence Realty Trust (IRT) 80.9x). On next year's consensus earnings, Mid America Apartment Communities (MAA) is cheapest (Mid America Apartment Communities (MAA) 33.2x, Camden Property Trust (CPT) 98.7x, Independence Realty Trust (IRT) 106.8x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Camden Property Trust (CPT) grew revenue fastest over the trailing twelve months: Mid America Apartment Communities (MAA) +1.0%, Camden Property Trust (CPT) +56.8%, Independence Realty Trust (IRT) +3.5%.

Which company is more profitable?

Camden Property Trust (CPT) has the highest net margin (Mid America Apartment Communities (MAA) 17.3%, Camden Property Trust (CPT) 2,486.2%, Independence Realty Trust (IRT) 6.5%).

Which stock has performed better?

Over the past year Camden Property Trust (CPT) returned the most: Mid America Apartment Communities (MAA) -7.7%, Camden Property Trust (CPT) +2.2%, Independence Realty Trust (IRT) -6.2%. Over five years, Camden Property Trust (CPT) compounded fastest (Mid America Apartment Communities (MAA) -10.3%/yr, Camden Property Trust (CPT) -9.0%/yr, Independence Realty Trust (IRT) -9.3%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Mid America Apartment Communities (MAA) has the highest dividend yield: Mid America Apartment Communities (MAA) 5.17%, Camden Property Trust (CPT) 4.16%, Independence Realty Trust (IRT) 4.68%.

Which stock is riskier?

By one-year price volatility, Mid America Apartment Communities (MAA) has been the steadiest (Mid America Apartment Communities (MAA) 19.5%, Camden Property Trust (CPT) 19.6%, Independence Realty Trust (IRT) 21.2%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, MAA, CPT and IRT?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Camden Property Trust (CPT) leads on 5. 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.