KPIs & Operating Metrics(New)
Growth Metrics

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

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

Mid America Apartment Communities (MAA) has 17 years of Gross Margin data on file, last reported at 96.67% in Q4 2025.

  • For the quarter ending Q4 2025, Gross Margin fell 13.0% year-over-year to 96.67%; the trailing twelve-month figure through Dec 2025 stood at 96.61% (down 10.0% YoY), and the FY2025 full-year result was 96.61%, down 10.0% from the prior year.
  • Gross Margin for Q4 2025 stood at 96.67%, 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.
  • The 5-year median for Gross Margin is 96.81% (2024), against an average of 96.76%.
  • The widest annual swing landed in 2021, when Gross Margin jumped 46 bps; it then plunged 43 bps in 2022.
  • A 5-year view of Gross Margin shows it stood at 96.72% in 2021, then increased by 0 bps to 96.77% in 2022, then climbed by 0 bps to 96.78% in 2023, then increased by 0 bps to 96.8% in 2024, then retreated by 0 bps to 96.67% in 2025.
  • The last three Gross Margin figures came in at 96.67% (Q4 2025), 96.72% (Q3 2025), and 96.82% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Avalonbay Communities 25.91 Bn 26.13 Bn - -
2 Equity Residential 25.13 Bn 25.27 Bn - -
3 Invitation Homes 17.75 Bn 17.79 Bn 694.98 Mn 94.67%
4 Sun Communities 15.66 Bn 15.77 Bn 491.20 Mn 96.71%
5 Mid America Apartment Communities 15.34 Bn 15.42 Bn 537.05 Mn 96.67%
6 American Homes 4 Rent 13.60 Bn 14.17 Bn - -
7 Udr 12.44 Bn 12.44 Bn 416.43 Mn 97.79%
8 Equity Lifestyle Properties 12.31 Bn 12.37 Bn 393.79 Mn 99.04%
9 Camden Property Trust 11.27 Bn 11.34 Bn - -
10 Millrose Properties 4.59 Bn 4.59 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%
Dec 31, 2020 96.88%
Sep 30, 2020 97.00%
Jun 30, 2020 97.16%
Mar 31, 2020 96.50%
Dec 31, 2019 96.69%
Sep 30, 2019 96.66%
Jun 30, 2019 96.70%
Mar 31, 2019 96.55%
Dec 31, 2018 96.97%
Sep 30, 2018 97.15%
Jun 30, 2018 97.08%
Mar 31, 2018 96.66%
Dec 31, 2017 96.97%
Sep 30, 2017 97.33%
Jun 30, 2017 97.19%
Mar 31, 2017 97.18%
Dec 31, 2016 95.66%
Sep 30, 2016 97.46%
Jun 30, 2016 97.51%
Mar 31, 2016 97.41%
Dec 31, 2015 97.46%
Sep 30, 2015 97.35%
Jun 30, 2015 97.25%
Mar 31, 2015 97.09%
Dec 31, 2014 97.06%
Sep 30, 2014 97.26%
Jun 30, 2014 97.25%
Mar 31, 2014 96.88%
Dec 31, 2013 101.43%
Sep 30, 2013 93.30%
Jun 30, 2013 93.24%
Mar 31, 2013 93.36%
Dec 31, 2012 93.31%
Sep 30, 2012 92.92%
Jun 30, 2012 92.83%
Mar 31, 2012 92.57%
Dec 31, 2011 93.32%
Sep 30, 2011 92.70%
Jun 30, 2011 92.40%
Mar 31, 2011 92.70%
Dec 31, 2010 93.44%
Sep 30, 2010 92.65%
Jun 30, 2010 93.14%
Mar 31, 2010 93.93%
Dec 31, 2009 94.18%
Sep 30, 2009 94.07%
Jun 30, 2009 94.82%