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| Date | Value |
|---|---|
| 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% |