Mid America Apartment Communities (MAA) Gross Margin (2009 - 2026)
Mid America Apartment Communities' (MAA) quarterly Gross Margin came in at 96.77% in Q2 2026, down 5.0% on a YoY basis from 101.86% in Q2 2025, and little changed quarter-over-quarter from 96.67% in Q4 2025.
Analysis
Mid America Apartment Communities (MAA) Gross Margin (2009 - 2026) Analysis & Trends
Mid America Apartment Communities (MAA) has reported Gross Margin for 18 consecutive years, with 96.77% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin fell 5.0% year-over-year to 96.77%; the trailing twelve-month figure through Jun 2026 stood at 96.74% (up 6.0% YoY), and the FY2025 full-year result was 96.61%, down 10.0% from the prior year.
- Gross Margin was little changed at 96.77% in Q2 2026 per MAA's latest filing, from 96.67% in the prior quarter.
- Across five years, Gross Margin topped out at 96.99% in Q3 2023 and bottomed at 96.25% in Q1 2025.
- Historically, Gross Margin has averaged 96.73% across 5 years, with a median of 96.78% in 2023.
- The sharpest annual moves came in 2022 and 2023: Gross Margin tumbled 43 bps in 2022, then advanced 15 bps in 2023.
- Over 5 years, Gross Margin stood at 96.77% in 2022, then grew by 0 bps to 96.78% in 2023, then rose by 0 bps to 96.8% in 2024, then decreased by 0 bps to 96.67% in 2025, then rose by 0 bps to 96.77% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 96.77%, 96.67%, and 96.72% for Q2 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vivmark Residential | 24.29 Bn | 24.29 Bn | - | - |
| 2 | Invitation Homes | 16.37 Bn | 16.37 Bn | 705.34 Mn | 94.35% |
| 3 | Mid America Apartment Communities | 14.56 Bn | 14.44 Bn | 537.17 Mn | 96.77% |
| 4 | Sun Communities | 14.15 Bn | 14.15 Bn | 460.10 Mn | 94.94% |
| 5 | Equity Lifestyle Properties | 11.69 Bn | 11.69 Bn | 375.97 Mn | 94.51% |
| 6 | American Homes 4 Rent | 11.38 Bn | 11.38 Bn | - | - |
| 7 | Udr | 11.31 Bn | 11.31 Bn | 412.43 Mn | 96.95% |
| 8 | Camden Property Trust | 10.55 Bn | 10.55 Bn | - | - |
| 9 | Avalonbay Communities | 9.67 Bn | 9.87 Bn | - | - |
| 10 | Independence Realty Trust | 3.55 Bn | 3.55 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 96.77% |
| Dec 31, 2025 | 96.67% |
| Sep 30, 2025 | 96.72% |
| Jun 30, 2025 | 96.82% |
| Mar 31, 2025 | 96.25% |
| Dec 31, 2024 | 96.80% |
| Sep 30, 2024 | 96.87% |
| Jun 30, 2024 | 96.85% |
| Mar 31, 2024 | 96.32% |
| Dec 31, 2023 | 96.78% |
| Sep 30, 2023 | 96.99% |
| Jun 30, 2023 | 96.99% |
| Mar 31, 2023 | 96.61% |
| Dec 31, 2022 | 96.77% |
| Sep 30, 2022 | 96.88% |
| Jun 30, 2022 | 96.84% |
| Mar 31, 2022 | 96.53% |
| Dec 31, 2021 | 96.72% |
| Sep 30, 2021 | 96.94% |
| Jun 30, 2021 | 96.85% |