KPIs & Operating Metrics(New)
Growth Metrics

Mid America Apartment Communities (MAA) FCF Margin (2009 - 2025)

Mid America Apartment Communities posted quarterly FCF Margin of 28.55% for Q4 2025, up 79.0% year-on-year 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) has 17 years of FCF Margin data on file, last reported at 28.55% 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 for Q4 2025 stood at 28.55%, down 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.
  • The 5-year median for FCF Margin is 33.54% (2022), against an average of 35.4%.
  • Peak annual rise in FCF Margin reached 954 bps in 2021, while the deepest fall reached 2588 bps in 2021.
  • A 5-year view of FCF Margin shows it stood at 31.42% in 2021, then gained by 5 bps to 33.0% in 2022, then gained by 3 bps to 34.08% in 2023, then retreated by 19 bps to 27.76% in 2024, then gained 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 25.91 Bn 26.13 Bn - 46.67%
2 Equity Residential 25.13 Bn 25.27 Bn - -
3 Invitation Homes 17.75 Bn 17.79 Bn 694.98 Mn 32.15%
4 Sun Communities 15.66 Bn 15.77 Bn 491.20 Mn 31.96%
5 Mid America Apartment Communities 15.34 Bn 15.42 Bn 537.05 Mn 28.55%
6 American Homes 4 Rent 13.60 Bn 14.17 Bn - -
7 Udr 12.44 Bn 12.44 Bn 416.43 Mn 20.03%
8 Equity Lifestyle Properties 12.31 Bn 12.37 Bn 393.79 Mn 37.46%
9 Camden Property Trust 11.27 Bn 11.34 Bn - 2,523.66%
10 Millrose Properties 4.59 Bn 4.59 Bn - 409.02%

Historic Data

Download Data 🔒
DateValue
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%
Dec 31, 2020 57.30%
Sep 30, 2020 37.32%
Jun 30, 2020 29.48%
Mar 31, 2020 18.18%
Dec 31, 2019 45.43%
Sep 30, 2019 40.12%
Jun 30, 2019 32.81%
Mar 31, 2019 25.29%
Dec 31, 2018 17.84%
Sep 30, 2018 43.03%
Jun 30, 2018 35.06%
Mar 31, 2018 26.15%
Dec 31, 2017 7.28%
Sep 30, 2017 40.09%
Jun 30, 2017 23.10%
Mar 31, 2017 12.25%
Dec 31, 2016 -7.44%
Sep 30, 2016 41.46%
Jun 30, 2016 44.51%
Mar 31, 2016 32.67%
Dec 31, 2015 -14.80%
Sep 30, 2015 60.40%
Jun 30, 2015 35.56%
Mar 31, 2015 33.40%
Dec 31, 2014 35.26%
Sep 30, 2014 33.37%
Jun 30, 2014 24.86%
Mar 31, 2014 33.18%
Dec 31, 2013 30.05%
Sep 30, 2013 35.25%
Jun 30, 2013 41.93%
Mar 31, 2013 23.36%
Dec 31, 2012 26.34%
Sep 30, 2012 23.98%
Jun 30, 2012 41.12%
Mar 31, 2012 23.86%
Dec 31, 2011 21.27%
Sep 30, 2011 42.04%
Jun 30, 2011 31.33%
Mar 31, 2011 27.28%
Dec 31, 2010 30.42%
Sep 30, 2010 12.42%
Jun 30, 2010 40.53%
Mar 31, 2010 24.60%
Dec 31, 2009 26.43%
Sep 30, 2009 7.45%