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% YoY from 15.95% in Q4 2024, and down 7.35% on a QoQ basis from 30.81% in Q3 2025.
Mid America Apartment Communities (MAA) FCF Margin (2009 - 2025) Analysis & Trends
Mid America Apartment Communities (MAA) has 17 years of FCF Margin data on file, last reported at 28.55% in Q4 2025.
- Quarterly FCF Margin rose 79.0% year-over-year to 28.55% in Q4 2025, while the trailing twelve-month figure through Jun 2026 was 26.82% (down 757.0% YoY) and the FY2025 annual result came in at 32.5%, down 292.0% from the prior year.
- FCF Margin declined to 28.55% in Q4 2025, from 30.81% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 49.36% in Q3 2022 to a low of 22.57% in Q1 2025.
- A 5-year average of 35.4% and a median of 33.54% in 2022 frame the typical range for FCF Margin.
- The widest YoY moves for FCF Margin: up 954 bps in 2021, down 2588 bps in 2021.
- Tracing MAA's FCF Margin over 5 years: stood at 31.42% in 2021, then rose by 5 bps to 33.0% in 2022, then rose by 3 bps to 34.08% in 2023, then fell by 19 bps to 27.76% in 2024, then rose by 3 bps to 28.55% in 2025.
- The last three FCF Margin figures came in at 28.55% (Q4 2025), 30.81% (Q3 2025), and 48.11% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.11 Bn | 26.32 Bn | - | 6.44% |
| 2 | Erp Operating Ltd Partnership | 23.87 Bn | 24.06 Bn | - | - |
| 3 | Invitation Homes | 17.86 Bn | 17.86 Bn | 705.34 Mn | 42.97% |
| 4 | Mid America Apartment Communities | 15.32 Bn | 15.20 Bn | 537.17 Mn | - |
| 5 | Sun Communities | 14.95 Bn | 14.95 Bn | 460.10 Mn | 41.25% |
| 6 | Equity Lifestyle Properties | 12.61 Bn | 12.61 Bn | 375.97 Mn | 21.06% |
| 7 | American Homes 4 Rent | 12.39 Bn | 12.39 Bn | - | - |
| 8 | Udr | 12.21 Bn | 12.21 Bn | 412.43 Mn | 47.36% |
| 9 | Camden Property Trust | 11.01 Bn | 11.01 Bn | - | -4,499.01% |
| 10 | Millrose Properties | 5.08 Bn | 5.08 Bn | - | 450.09% |
Historic Data
Download 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% |