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

Mid America Apartment Communities (MAA) posted Gross Margin of 96.67% for Q4 2025, little changed on a QoQ basis from 96.72% in Q3 2025, and down 13.0% year-over-year from 111.11% in Q4 2024.

Mid America Apartment Communities (MAA) Gross Margin (2009 - 2025) Analysis & Trends

Mid America Apartment Communities' Gross Margin history runs 17 years deep, the most recent figure standing at 96.67% for Q4 2025.

  • Quarterly Gross Margin fell 13.0% year-over-year to 96.67% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 96.61% (down 10.0% YoY) and the FY2025 annual result came in at 96.61%, down 10.0% from the prior year.
  • Gross Margin was 96.67% for Q4 2025 at Mid America Apartment Communities, roughly flat from 96.72% 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.
  • A 5-year average of 96.76% and a median of 96.81% in 2024 frame the typical range for Gross Margin.
  • Annual changes were most pronounced in 2021 — Gross Margin jumped 46 bps — and 2022, when it sank 43 bps.
  • Mid America Apartment Communities' Gross Margin stood at 96.72% in 2021, then rose by 0 bps to 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.
  • Business Quant data shows MAA's Gross Margin at 96.67% in Q4 2025, 96.72% in Q3 2025, and 96.82% in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Avalonbay Communities 26.48 Bn 26.48 Bn - -
2 Equity Residential 25.80 Bn 25.80 Bn - -
3 Invitation Homes 18.05 Bn 18.05 Bn 694.98 Mn 94.67%
4 Mid America Apartment Communities 15.67 Bn 15.54 Bn 537.05 Mn 96.67%
5 Sun Communities 14.96 Bn 14.96 Bn 491.20 Mn 96.71%
6 Udr 13.01 Bn 12.98 Bn 416.43 Mn 97.79%
7 Equity Lifestyle Properties 12.85 Bn 12.85 Bn 378.95 Mn 95.30%
8 American Homes 4 Rent 12.22 Bn 12.22 Bn - -
9 Camden Property Trust 11.94 Bn 11.94 Bn - -
10 Millrose Properties 4.76 Bn 4.76 Bn - -

Historic Data

Download Data
DateValue
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%
Mar 31, 2021 96.96%