Mid America Apartment Communities (MAA) Capital Expenditures (2009 - 2025)
Mid America Apartment Communities (MAA) reported Capital Expenditures of $103.08 million for Q4 2025, up 19.1% from $86.52 million a year earlier and up 7.8% from the prior quarter.
Mid America Apartment Communities (MAA) Capital Expenditures (2009 - 2025) Analysis & Trends
For FY2025, Mid America Apartment Communities posted Capital Expenditures of $360.24 million, up 11.7% from FY2024.
- Capital Expenditures has a five-year compound annual growth rate of 9.8% (FY2020 to FY2025).
- By year, Capital Expenditures came in at $322.37 million in FY2024 (-5.5%), $341.22 million in FY2023 (+15.2%), $296.18 million in FY2022 (+5.9%) and $279.64 million in FY2021 (+24.0%).
- The Q4 2025 figure ranks as the highest quarterly Capital Expenditures since Q2 2020.
- Year over year, Capital Expenditures gained in five of the last eight quarters, with growth averaging 4.4%.
- The high point for year-over-year Capital Expenditures in five years was Q1 2023 (growth of 97.9%); the low point was Q1 2021 (a decline of 41.8%).
- Per Business Quant data, the three quarters before Q4 2025 came in at $95.62 million (Q3 2025), $88.91 million (Q2 2025) and $72.64 million (Q1 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | 319.29 Mn |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | - |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | 254.90 Mn |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | 57.19 Mn |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | 56.02 Mn |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | 101.83 Mn |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | 31.76 Mn |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | 21.69 Mn |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | - |
| 10 | Mid America Apartment Communities | 13.66 Bn | 13.60 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 103.08 Mn |
| Sep 30, 2025 | 95.62 Mn |
| Jun 30, 2025 | 88.91 Mn |
| Mar 31, 2025 | 72.64 Mn |
| Dec 31, 2024 | 86.52 Mn |
| Sep 30, 2024 | 94.08 Mn |
| Jun 30, 2024 | 89.67 Mn |
| Mar 31, 2024 | 52.10 Mn |
| Dec 31, 2023 | 80.16 Mn |
| Sep 30, 2023 | 86.73 Mn |
| Jun 30, 2023 | 98.72 Mn |
| Mar 31, 2023 | 75.62 Mn |
| Dec 31, 2022 | 76.96 Mn |
| Sep 30, 2022 | 86.37 Mn |
| Jun 30, 2022 | 94.64 Mn |
| Mar 31, 2022 | 38.21 Mn |
| Dec 31, 2021 | 71.07 Mn |
| Sep 30, 2021 | 80.63 Mn |
| Jun 30, 2021 | 78.71 Mn |
| Mar 31, 2021 | 49.22 Mn |
Mid America Apartment Communities Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=MAA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "MAA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=MAA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();