Mid America Apartment Communities MAA
NYSE MAA
$124.50 -2.99 (-2.34%)
As of: Sep 10, 2026 · 3:59 PM EDT

Mid America Apartment Communities (MAA) Operating Expenses (2009 - 2026)

Mid America Apartment Communities' (MAA) quarterly Operating Expenses came in at $218.7 million in Q2 2026, up 1.89% on a YoY basis from $214.7 million in Q2 2025, and up 6.31% quarter-over-quarter from $205.7 million in Q4 2025.

Analysis

Mid America Apartment Communities (MAA) Operating Expenses (2009 - 2026) Analysis & Trends

Mid America Apartment Communities (MAA) has reported Operating Expenses for 18 consecutive years, with $218.7 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses rose 1.89% year-over-year to $218.7 million; the trailing twelve-month figure through Jun 2026 stood at $855.2 million (up 2.72% YoY), and the FY2025 full-year result was $837.8 million, up 2.16% from the prior year.
  • Operating Expenses climbed to $218.7 million in Q2 2026 per MAA's latest filing, from $205.7 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $218.7 million in Q2 2026 and bottomed at $12.2 million in Q3 2022.
  • Historically, Operating Expenses has averaged $117.3 million across 5 years, with a median of $197.8 million in 2024.
  • The sharpest annual moves came in 2023 and 2024: Operating Expenses dropped 10.9% in 2023, then jumped 1464.34% in 2024.
  • Over 5 years, Operating Expenses stood at $14.7 million in 2022, then advanced by 3.44% to $15.2 million in 2023, then soared by 1243.91% to $204.9 million in 2024, then gained by 0.39% to $205.7 million in 2025, then advanced by 6.31% to $218.7 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $218.7 million, $205.7 million, and $216.1 million for Q2 2026, Q4 2025, and Q3 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Vivmark Residential 24.37 Bn 24.37 Bn - 566.18 Mn
2 Invitation Homes 16.34 Bn 16.34 Bn 705.34 Mn 657.51 Mn
3 Mid America Apartment Communities 14.46 Bn 14.33 Bn 537.17 Mn 218.72 Mn
4 Sun Communities 14.11 Bn 14.11 Bn 460.10 Mn 434.40 Mn
5 Equity Lifestyle Properties 11.69 Bn 11.69 Bn 375.97 Mn 298.46 Mn
6 American Homes 4 Rent 11.38 Bn 11.38 Bn - 397.77 Mn
7 Udr 11.36 Bn 11.36 Bn 412.43 Mn 345.25 Mn
8 Camden Property Trust 10.49 Bn 10.49 Bn - 140.94 Mn
9 Avalonbay Communities 9.67 Bn 9.87 Bn - 636.04 Mn
10 Independence Realty Trust 3.59 Bn 3.59 Bn - 141.30 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 218.72 Mn
Dec 31, 2025 205.74 Mn
Sep 30, 2025 216.06 Mn
Jun 30, 2025 214.65 Mn
Mar 31, 2025 201.35 Mn
Dec 31, 2024 204.93 Mn
Sep 30, 2024 211.56 Mn
Jun 30, 2024 205.80 Mn
Mar 31, 2024 197.80 Mn
Dec 31, 2023 15.25 Mn
Sep 30, 2023 13.52 Mn
Jun 30, 2023 13.88 Mn
Mar 31, 2023 15.92 Mn
Dec 31, 2022 14.74 Mn
Sep 30, 2022 12.19 Mn
Jun 30, 2022 15.58 Mn
Mar 31, 2022 16.32 Mn
Dec 31, 2021 14.12 Mn
Sep 30, 2021 12.67 Mn
Jun 30, 2021 13.11 Mn