Mid America Apartment Communities (MAA) Free Cash Flow (2009 - 2025)
Mid America Apartment Communities' (MAA) quarterly Free Cash Flow came in at $158.6 million in Q4 2025, up 3.92% on a YoY basis from $152.6 million in Q4 2024, and down 7.15% quarter-over-quarter from $170.8 million in Q3 2025.
Analysis
Mid America Apartment Communities (MAA) Free Cash Flow (2009 - 2025) Analysis & Trends
Mid America Apartment Communities (MAA) has reported Free Cash Flow for 17 consecutive years, with $158.6 million the latest figure, recorded in Q4 2025.
- For the quarter ending Q4 2025, Free Cash Flow rose 3.92% year-over-year to $158.6 million; the trailing twelve-month figure through Dec 2025 stood at $717.9 million (down 7.47% YoY), and the FY2025 full-year result was $717.9 million, down 7.47% from the prior year.
- Free Cash Flow retreated to $158.6 million in Q4 2025 per MAA's latest filing, from $170.8 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $264.5 million in Q2 2025 and bottomed at $98.9 million in Q1 2021.
- Historically, Free Cash Flow has averaged $183.4 million across 5 years, with a median of $172.5 million in 2022.
- The sharpest annual moves came in 2021 and 2022: Free Cash Flow plunged 40.0% in 2021, then soared 43.0% in 2022.
- Over 5 years, Free Cash Flow stood at $145.6 million in 2021, then climbed by 19.61% to $174.2 million in 2022, then climbed by 6.07% to $184.8 million in 2023, then decreased by 17.41% to $152.6 million in 2024, then grew by 3.92% to $158.6 million in 2025.
- According to Business Quant data, Free Cash Flow over the past three periods registered $158.6 million, $170.8 million, and $264.5 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Vivmark Residential | 24.37 Bn | 24.37 Bn | - | - |
| 2 | Invitation Homes | 16.34 Bn | 16.34 Bn | 705.34 Mn | 321.23 Mn |
| 3 | Mid America Apartment Communities | 14.46 Bn | 14.33 Bn | 537.17 Mn | - |
| 4 | Sun Communities | 14.11 Bn | 14.11 Bn | 460.10 Mn | 199.90 Mn |
| 5 | Equity Lifestyle Properties | 11.69 Bn | 11.69 Bn | 375.97 Mn | 83.76 Mn |
| 6 | American Homes 4 Rent | 11.38 Bn | 11.38 Bn | - | 291.77 Mn |
| 7 | Udr | 11.36 Bn | 11.36 Bn | 412.43 Mn | 201.45 Mn |
| 8 | Camden Property Trust | 10.49 Bn | 10.49 Bn | - | -140.86 Mn |
| 9 | Avalonbay Communities | 9.67 Bn | 9.87 Bn | - | 50.06 Mn |
| 10 | Independence Realty Trust | 3.59 Bn | 3.59 Bn | - | 46.42 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 158.60 Mn |
| Sep 30, 2025 | 170.81 Mn |
| Jun 30, 2025 | 264.54 Mn |
| Mar 31, 2025 | 123.98 Mn |
| Dec 31, 2024 | 152.61 Mn |
| Sep 30, 2024 | 215.46 Mn |
| Jun 30, 2024 | 259.70 Mn |
| Mar 31, 2024 | 148.16 Mn |
| Dec 31, 2023 | 184.78 Mn |
| Sep 30, 2023 | 231.45 Mn |
| Jun 30, 2023 | 237.05 Mn |
| Mar 31, 2023 | 142.69 Mn |
| Dec 31, 2022 | 174.21 Mn |
| Sep 30, 2022 | 257.04 Mn |
| Jun 30, 2022 | 189.65 Mn |
| Mar 31, 2022 | 141.41 Mn |
| Dec 31, 2021 | 145.65 Mn |
| Sep 30, 2021 | 200.30 Mn |
| Jun 30, 2021 | 170.50 Mn |
| Mar 31, 2021 | 98.89 Mn |