Mid America Apartment Communities (MAA-PI) Operating Margin (2009 - 2025)
Mid America Apartment Communities (MAA-PI) reported Operating Margin of 59.64% for Q4 2025, up 11.0% on a YoY basis from 53.73% in Q4 2024, and up 3.27% quarter-over-quarter from 57.75% in Q3 2025.
Mid America Apartment Communities (MAA-PI) Operating Margin (2009 - 2025) Analysis & Trends
Mid America Apartment Communities has reported Operating Margin for 17 years, with the latest figure at 59.64% in Q4 2025.
- For the quarter ending Q4 2025, Operating Margin rose 11.0% year-over-year to 59.64%; the trailing twelve-month figure through Dec 2025 stood at 58.69% (down 59.0% YoY), and the FY2025 full-year result was 58.69%, down 59.0% from the prior year.
- Operating Margin for Q4 2025 stood at 59.64%, up from 57.75% in the prior quarter.
- The five-year high for Operating Margin was 94.54% in Q3 2022, with the low at 57.75% in Q3 2025.
- Historically, Operating Margin has averaged 79.96% across 5 years, with a median of 93.64% in 2021.
- Annual changes were most pronounced in 2023 — Operating Margin surged 70 bps — and 2024, when it sank 3602 bps.
- Mid America Apartment Communities' Operating Margin stood at 93.67% in 2021, then climbed by 0 bps to 93.98% in 2022, then retreated by 0 bps to 93.97% in 2023, then tumbled by 37 bps to 59.53% in 2024, then increased by 0 bps to 59.64% in 2025.
- The last three Operating Margin figures came in at 59.64% (Q4 2025), 57.75% (Q3 2025), and 57.78% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.07 Bn | 26.30 Bn | - | - |
| 2 | Equity Residential | 25.74 Bn | 25.88 Bn | - | - |
| 3 | Invitation Homes | 18.06 Bn | 18.09 Bn | 694.98 Mn | 5.48% |
| 4 | Mid America Apartment Communities | 16.23 Bn | 16.31 Bn | 537.05 Mn | 59.64% |
| 5 | Sun Communities | 15.28 Bn | 15.39 Bn | 491.20 Mn | 1.34% |
| 6 | American Homes 4 Rent | 14.08 Bn | 14.65 Bn | - | - |
| 7 | Udr | 12.84 Bn | 12.84 Bn | 416.43 Mn | 53.96% |
| 8 | Equity Lifestyle Properties | 12.25 Bn | 12.31 Bn | 393.79 Mn | 28.26% |
| 9 | Camden Property Trust | 12.08 Bn | 12.15 Bn | - | - |
| 10 | Mid America Apartment Communities | - | - | 537.05 Mn | 59.64% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 59.64% |
| Sep 30, 2025 | 57.75% |
| Jun 30, 2025 | 57.78% |
| Mar 31, 2025 | 59.60% |
| Dec 31, 2024 | 59.53% |
| Sep 30, 2024 | 58.48% |
| Jun 30, 2024 | 59.19% |
| Mar 31, 2024 | 59.94% |
| Dec 31, 2023 | 93.97% |
| Sep 30, 2023 | 94.50% |
| Jun 30, 2023 | 94.40% |
| Mar 31, 2023 | 93.60% |
| Dec 31, 2022 | 93.98% |
| Sep 30, 2022 | 94.54% |
| Jun 30, 2022 | 93.70% |
| Mar 31, 2022 | 93.10% |
| Dec 31, 2021 | 93.67% |
| Sep 30, 2021 | 94.14% |
| Jun 30, 2021 | 93.85% |
| Mar 31, 2021 | 93.90% |