Mid America Apartment Communities (MAA) Cost of Revenue (2009 - 2025)
Mid America Apartment Communities (MAA) posted Cost of Revenue of $18.5 million for Q4 2025, up 1.78% on a QoQ basis from $18.2 million in Q3 2025, and up 5.28% year-over-year from $17.6 million in Q4 2024.
Mid America Apartment Communities (MAA) Cost of Revenue (2009 - 2025) Analysis & Trends
Mid America Apartment Communities' Cost of Revenue history runs 17 years deep, the most recent figure standing at $18.5 million for Q4 2025.
- Quarterly Cost of Revenue rose 5.28% year-over-year to $18.5 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $74.8 million (up 3.8% YoY) and the FY2025 annual result came in at $74.8 million, up 3.8% from the prior year.
- Cost of Revenue was $18.5 million for Q4 2025 at Mid America Apartment Communities, up from $18.2 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $20.6 million in Q1 2025 and bottomed at $12.9 million in Q1 2021.
- A 5-year average of $16.8 million and a median of $17.1 million in 2022 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2021 — Cost of Revenue slipped 11.64% — and 2022, when it grew 27.81%.
- Mid America Apartment Communities' Cost of Revenue stood at $15.2 million in 2021, then climbed by 11.99% to $17.0 million in 2022, then grew by 2.54% to $17.5 million in 2023, then advanced by 0.64% to $17.6 million in 2024, then increased by 5.28% to $18.5 million in 2025.
- Business Quant data shows MAA's Cost of Revenue at $18.5 million in Q4 2025, $18.2 million in Q3 2025, and $17.5 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.28 Bn | 26.28 Bn | - | - |
| 2 | Equity Residential | 25.58 Bn | 25.58 Bn | - | - |
| 3 | Invitation Homes | 17.96 Bn | 17.96 Bn | 694.98 Mn | 39.13 Mn |
| 4 | Mid America Apartment Communities | 15.60 Bn | 15.46 Bn | 537.05 Mn | 18.51 Mn |
| 5 | Sun Communities | 14.85 Bn | 14.85 Bn | 491.20 Mn | 16.70 Mn |
| 6 | Udr | 12.92 Bn | 12.88 Bn | 416.43 Mn | 9.42 Mn |
| 7 | Equity Lifestyle Properties | 12.65 Bn | 12.65 Bn | 378.95 Mn | 18.67 Mn |
| 8 | American Homes 4 Rent | 12.18 Bn | 12.18 Bn | - | 25.59 Mn |
| 9 | Camden Property Trust | 11.83 Bn | 11.83 Bn | - | - |
| 10 | Millrose Properties | 4.72 Bn | 4.67 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 18.51 Mn |
| Dec 31, 2025 | 18.51 Mn |
| Sep 30, 2025 | 18.18 Mn |
| Sep 30, 2025 | 18.18 Mn |
| Jun 30, 2025 | 17.51 Mn |
| Jun 30, 2025 | 17.51 Mn |
| Mar 31, 2025 | 20.58 Mn |
| Mar 31, 2025 | 20.58 Mn |
| Dec 31, 2024 | 17.58 Mn |
| Dec 31, 2024 | 17.58 Mn |
| Sep 30, 2024 | 17.27 Mn |
| Sep 30, 2024 | 17.27 Mn |
| Jun 30, 2024 | 17.20 Mn |
| Jun 30, 2024 | 17.20 Mn |
| Mar 31, 2024 | 20.00 Mn |
| Mar 31, 2024 | 20.00 Mn |
| Dec 31, 2023 | 17.47 Mn |
| Dec 31, 2023 | 17.47 Mn |
| Sep 30, 2023 | 16.30 Mn |
| Sep 30, 2023 | 16.30 Mn |