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Growth Metrics

Mid America Apartment Communities (MAA) Land & Improvements (2009 - 2025)

Mid America Apartment Communities posted quarterly Land & Improvements of $2.1 billion for Q4 2025, up 1.55% year-on-year from $2.1 billion in Q4 2024, and up 0.81% on a QoQ basis from $2.1 billion in Q3 2025.

Mid America Apartment Communities (MAA) has 11 years of Land & Improvements data on file, last reported at $2.1 billion in Q4 2025.

  • For the quarter ending Q4 2025, Land & Improvements rose 1.55% year-over-year to $2.1 billion; the trailing twelve-month figure through Dec 2025 stood at $2.1 billion (up 1.55% YoY), and the FY2025 full-year result was $2.1 billion, up 1.55% from the prior year.
  • Land & Improvements for Q4 2025 stood at $2.1 billion, up from $2.1 billion in the prior quarter.
  • Across five years, Land & Improvements topped out at $2.1 billion in Q4 2025 and bottomed at $2.0 billion in Q1 2021.
  • The 5-year median for Land & Improvements is $2.0 billion (2023), against an average of $2.0 billion.
  • The widest annual swing landed in 2022, when Land & Improvements retreated 0.79%; it then climbed 3.83% in 2024.
  • A 5-year view of Land & Improvements shows it stood at $2.0 billion in 2021, then increased by 1.54% to $2.0 billion in 2022, then advanced by 1.15% to $2.0 billion in 2023, then increased by 3.22% to $2.1 billion in 2024, then gained by 1.55% to $2.1 billion in 2025.
  • The last three Land & Improvements figures came in at $2.1 billion (Q4 2025), $2.1 billion (Q3 2025), and $2.1 billion (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Land & Improvements (Qtr)
1 Avalonbay Communities 25.91 Bn 26.13 Bn - 4.99 Bn
2 Equity Residential 25.13 Bn 25.27 Bn - 5.56 Bn
3 Invitation Homes 17.75 Bn 17.79 Bn 694.98 Mn 4.96 Bn
4 Sun Communities 15.66 Bn 15.77 Bn 491.20 Mn 3.49 Bn
5 Mid America Apartment Communities 15.34 Bn 15.42 Bn 537.05 Mn 2.13 Bn
6 American Homes 4 Rent 13.60 Bn 14.17 Bn - -
7 Udr 12.44 Bn 12.44 Bn 416.43 Mn -
8 Equity Lifestyle Properties 12.31 Bn 12.37 Bn 393.79 Mn 4.83 Bn
9 Camden Property Trust 11.27 Bn 11.34 Bn - 1.78 Bn
10 Millrose Properties 4.59 Bn 4.59 Bn - -

Historic Data

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DateValue
Dec 31, 2025 2.13 Bn
Sep 30, 2025 2.11 Bn
Jun 30, 2025 2.11 Bn
Mar 31, 2025 2.10 Bn
Dec 31, 2024 2.10 Bn
Sep 30, 2024 2.09 Bn
Jun 30, 2024 2.05 Bn
Mar 31, 2024 2.03 Bn
Dec 31, 2023 2.03 Bn
Sep 30, 2023 2.01 Bn
Jun 30, 2023 2.01 Bn
Mar 31, 2023 2.01 Bn
Dec 31, 2022 2.01 Bn
Sep 30, 2022 1.99 Bn
Jun 30, 2022 1.97 Bn
Mar 31, 2022 1.98 Bn
Dec 31, 2021 1.98 Bn
Sep 30, 2021 1.98 Bn
Jun 30, 2021 1.99 Bn
Mar 31, 2021 1.96 Bn
Dec 31, 2020 1.93 Bn
Sep 30, 2020 1.91 Bn
Mar 31, 2020 1.91 Bn
Dec 31, 2019 1.91 Bn
Sep 30, 2019 1.90 Bn
Jun 30, 2019 1.88 Bn
Dec 31, 2018 1.87 Bn
Mar 31, 2011 291.70 Mn
Dec 31, 2010 288.89 Mn
Sep 30, 2010 270.98 Mn
Jun 30, 2010 258.39 Mn
Dec 31, 2009 255.43 Mn