Mid America Apartment Communities (MAA) FCF Margin (2009 - 2025)
Mid America Apartment Communities' (MAA) quarterly FCF Margin came in at 28.55% in Q4 2025, up 79.0% on a YoY basis from 15.95% in Q4 2024, and down 7.35% quarter-over-quarter from 30.81% in Q3 2025.
Analysis
Mid America Apartment Communities (MAA) FCF Margin (2009 - 2025) Analysis & Trends
Mid America Apartment Communities (MAA) has reported FCF Margin for 17 consecutive years, with 28.55% the latest figure, recorded in Q4 2025.
- For the quarter ending Q4 2025, FCF Margin rose 79.0% year-over-year to 28.55%; the trailing twelve-month figure through Dec 2025 stood at 32.5% (down 292.0% YoY), and the FY2025 full-year result was 32.5%, down 292.0% from the prior year.
- FCF Margin slipped to 28.55% in Q4 2025 per MAA's latest filing, from 30.81% in the prior quarter.
- Across five years, FCF Margin topped out at 49.36% in Q3 2022 and bottomed at 22.57% in Q1 2025.
- Historically, FCF Margin has averaged 35.4% across 5 years, with a median of 33.54% in 2022.
- The widest YoY moves for FCF Margin: up 954 bps in 2021, down 2588 bps in 2021.
- Over 5 years, FCF Margin stood at 31.42% in 2021, then advanced by 5 bps to 33.0% in 2022, then advanced by 3 bps to 34.08% in 2023, then decreased by 19 bps to 27.76% in 2024, then advanced by 3 bps to 28.55% in 2025.
- According to Business Quant data, FCF Margin over the past three periods registered 28.55%, 30.81%, and 48.11% for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vivmark Residential | 24.24 Bn | 24.24 Bn | - | - |
| 2 | Invitation Homes | 16.37 Bn | 16.37 Bn | 705.34 Mn | 42.97% |
| 3 | Mid America Apartment Communities | 14.47 Bn | 14.34 Bn | 537.17 Mn | - |
| 4 | Sun Communities | 14.15 Bn | 14.15 Bn | 460.10 Mn | 41.25% |
| 5 | Equity Lifestyle Properties | 11.72 Bn | 11.72 Bn | 375.97 Mn | 21.06% |
| 6 | American Homes 4 Rent | 11.37 Bn | 11.37 Bn | - | - |
| 7 | Udr | 11.32 Bn | 11.32 Bn | 412.43 Mn | 47.36% |
| 8 | Camden Property Trust | 10.48 Bn | 10.48 Bn | - | -4,499.01% |
| 9 | Avalonbay Communities | 9.67 Bn | 9.87 Bn | - | 6.44% |
| 10 | Independence Realty Trust | 3.55 Bn | 3.55 Bn | - | 27.76% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 28.55% |
| Sep 30, 2025 | 30.81% |
| Jun 30, 2025 | 48.11% |
| Mar 31, 2025 | 22.57% |
| Dec 31, 2024 | 27.76% |
| Sep 30, 2024 | 39.09% |
| Jun 30, 2024 | 47.53% |
| Mar 31, 2024 | 27.25% |
| Dec 31, 2023 | 34.08% |
| Sep 30, 2023 | 42.70% |
| Jun 30, 2023 | 44.30% |
| Mar 31, 2023 | 26.97% |
| Dec 31, 2022 | 33.00% |
| Sep 30, 2022 | 49.36% |
| Jun 30, 2022 | 38.31% |
| Mar 31, 2022 | 29.70% |
| Dec 31, 2021 | 31.42% |
| Sep 30, 2021 | 44.26% |
| Jun 30, 2021 | 39.02% |
| Mar 31, 2021 | 23.27% |