KPIs & Operating Metrics(New)
Growth Metrics

Mid America Apartment Communities (MAA) FCF Payout Ratio (2009 - 2025)

Mid America Apartment Communities posted quarterly FCF Payout Ratio of 4.38 for Q4 2025, up 277.23% year-on-year from 1.16 in Q4 2024, and up 322.16% on a QoQ basis from 1.04 in Q3 2025.

Mid America Apartment Communities (MAA) has 17 years of FCF Payout Ratio data on file, last reported at 4.38 in Q4 2025.

  • For the quarter ending Q4 2025, FCF Payout Ratio rose 277.23% year-over-year to 4.38; the trailing twelve-month figure through Dec 2025 stood at 1.47 (up 64.57% YoY), and the FY2025 full-year result was 0.99, up 10.67% from the prior year.
  • FCF Payout Ratio for Q4 2025 stood at 4.38, up from 1.04 in the prior quarter.
  • Across five years, FCF Payout Ratio topped out at 4.38 in Q4 2025 and bottomed at 2.31 in Q4 2021.
  • The 5-year median for FCF Payout Ratio is 0.69 (2023), against an average of 0.79.
  • The widest annual swing landed in 2021, when FCF Payout Ratio sank 226.07%; it then surged 4499.2% in 2023.
  • A 5-year view of FCF Payout Ratio shows it stood at 2.31 in 2021, then soared by 110.0% to 0.23 in 2022, then jumped by 1393.5% to 3.46 in 2023, then slumped by 66.37% to 1.16 in 2024, then soared by 277.23% to 4.38 in 2025.
  • The last three FCF Payout Ratio figures came in at 4.38 (Q4 2025), 1.04 (Q3 2025), and 0.67 (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Avalonbay Communities 25.91 Bn 26.13 Bn - 0.70
2 Equity Residential 25.13 Bn 25.27 Bn - 0.00
3 Invitation Homes 17.75 Bn 17.79 Bn 694.98 Mn 0.78
4 Sun Communities 15.66 Bn 15.77 Bn 491.20 Mn 0.83
5 Mid America Apartment Communities 15.34 Bn 15.42 Bn 537.05 Mn 4.38
6 American Homes 4 Rent 13.60 Bn 14.17 Bn - 0.99
7 Udr 12.44 Bn 12.44 Bn 416.43 Mn 1.66
8 Equity Lifestyle Properties 12.31 Bn 12.37 Bn 393.79 Mn 0.02
9 Camden Property Trust 11.27 Bn 11.34 Bn - 2.07
10 Millrose Properties 4.59 Bn 4.59 Bn - 0.16

Historic Data

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DateValue
Dec 31, 2025 4.38
Sep 30, 2025 1.04
Jun 30, 2025 0.67
Mar 31, 2025 0.04
Dec 31, 2024 1.16
Sep 30, 2024 0.80
Jun 30, 2024 0.66
Mar 31, 2024 1.16
Dec 31, 2023 3.46
Sep 30, 2023 0.71
Jun 30, 2023 0.69
Mar 31, 2023 1.13
Dec 31, 2022 0.23
Sep 30, 2022 0.56
Jun 30, 2022 0.76
Mar 31, 2022 0.02
Dec 31, 2021 -2.31
Sep 30, 2021 0.59
Jun 30, 2021 -0.69
Dec 31, 2020 1.83
Sep 30, 2020 0.72
Jun 30, 2020 0.94
Mar 31, 2020 1.50
Dec 31, 2019 2.32
Sep 30, 2019 0.66
Jun 30, 2019 0.82
Mar 31, 2019 1.08
Dec 31, 2018 5.75
Sep 30, 2018 0.61
Jun 30, 2018 0.77
Mar 31, 2018 1.04
Dec 31, 2017 3.54
Sep 30, 2017 0.64
Jun 30, 2017 2.24
Dec 31, 2016 0.45
Sep 30, 2016 0.03
Jun 30, 2016 0.06
Dec 31, 2015 4.14
Sep 30, 2015 1.06
Jun 30, 2015 0.03
Mar 31, 2015 0.04
Dec 31, 2014 2.39
Sep 30, 2014 0.04
Jun 30, 2014 1.00
Mar 31, 2014 -0.68
Dec 31, 2013 2.30
Sep 30, 2013 1.24
Jun 30, 2013 -1.08
Dec 31, 2012 0.78
Sep 30, 2012 2.71
Jun 30, 2012 -0.48
Mar 31, 2012 0.97
Dec 31, 2011 3.66
Sep 30, 2011 -0.88
Jun 30, 2011 0.70
Mar 31, 2011 0.80
Dec 31, 2010 0.57
Sep 30, 2010 1.85
Jun 30, 2010 0.46
Mar 31, 2010 0.75
Dec 31, 2009 0.34
Sep 30, 2009 -4.23