Mid America Apartment Communities MAA
NYSE MAA
$127.51 -0.38 (-0.30%)
As of: Sep 9, 2026 · 3:59 PM EDT

Mid America Apartment Communities (MAA) Construction in Progress (2009 - 2026)

Mid America Apartment Communities' (MAA) quarterly Construction in Progress came in at $406.8 million in Q2 2026, down 16.11% on a YoY basis from $485.0 million in Q2 2025, and down 4.67% quarter-over-quarter from $426.8 million in Q4 2025.

Analysis

Mid America Apartment Communities (MAA) Construction in Progress (2009 - 2026) Analysis & Trends

Mid America Apartment Communities (MAA) has reported Construction in Progress for 18 consecutive years, with $406.8 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Construction in Progress fell 16.11% year-over-year to $406.8 million; the trailing twelve-month figure through Jun 2026 stood at $406.8 million (down 16.11% YoY), and the FY2025 full-year result was $426.8 million, down 9.25% from the prior year.
  • Construction in Progress declined to $406.8 million in Q2 2026 per MAA's latest filing, from $426.8 million in the prior quarter.
  • Across five years, Construction in Progress topped out at $499.6 million in Q3 2024 and bottomed at $215.1 million in Q1 2022.
  • Historically, Construction in Progress has averaged $389.2 million across 5 years, with a median of $391.4 million in 2023.
  • The sharpest annual moves came in 2022 and 2023: Construction in Progress decreased 27.33% in 2022, then soared 82.02% in 2023.
  • Over 5 years, Construction in Progress stood at $332.0 million in 2022, then grew by 16.07% to $385.4 million in 2023, then advanced by 22.02% to $470.3 million in 2024, then fell by 9.25% to $426.8 million in 2025, then decreased by 4.67% to $406.8 million in 2026.
  • According to Business Quant data, Construction in Progress over the past three periods registered $406.8 million, $426.8 million, and $449.4 million for Q2 2026, Q4 2025, and Q3 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Construction in Progress (Qtr)
1 Vivmark Residential 24.41 Bn 24.41 Bn - 58.31 Mn
2 Invitation Homes 16.74 Bn 16.74 Bn 705.34 Mn 5.99 Mn
3 Mid America Apartment Communities 14.81 Bn 14.68 Bn 537.17 Mn 406.83 Mn
4 Sun Communities 14.23 Bn 14.23 Bn 460.10 Mn -
5 Equity Lifestyle Properties 11.85 Bn 11.85 Bn 375.97 Mn -
6 American Homes 4 Rent 11.66 Bn 11.66 Bn - -
7 Udr 11.47 Bn 11.47 Bn 412.43 Mn 147.62 Mn
8 Camden Property Trust 10.68 Bn 10.68 Bn - 500.12 Mn
9 Avalonbay Communities 9.67 Bn 9.87 Bn - 1.67 Bn
10 Independence Realty Trust 3.59 Bn 3.59 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 406.83 Mn
Dec 31, 2025 426.76 Mn
Sep 30, 2025 449.39 Mn
Jun 30, 2025 484.96 Mn
Mar 31, 2025 485.25 Mn
Dec 31, 2024 470.28 Mn
Sep 30, 2024 499.62 Mn
Jun 30, 2024 391.37 Mn
Mar 31, 2024 380.09 Mn
Dec 31, 2023 385.41 Mn
Sep 30, 2023 338.86 Mn
Jun 30, 2023 394.80 Mn
Mar 31, 2023 391.44 Mn
Dec 31, 2022 332.04 Mn
Sep 30, 2022 297.42 Mn
Jun 30, 2022 267.69 Mn
Mar 31, 2022 215.06 Mn
Dec 31, 2021 247.97 Mn
Sep 30, 2021 236.34 Mn
Jun 30, 2021 295.65 Mn