Mid America Apartment Communities (MAA) Operating Expenses (2009 - 2026)
Mid America Apartment Communities (MAA) posted Operating Expenses of $218.72 million for Q2 2026, up 1.9% from $214.65 million a year earlier.
Mid America Apartment Communities (MAA) Operating Expenses (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Expenses at Mid America Apartment Communities was $855.17 million, up 2.7% year-over-year; for FY2025, it was $837.81 million, up 2.2% from FY2024.
- Annual Operating Expenses has increased for three consecutive years, with a five-year compound annual growth rate of 78.0% (FY2020 to FY2025).
- In prior years, Mid America Apartment Communities' Operating Expenses was $820.09 million in FY2024 (+6.8%), $768.14 million in FY2023 (+6.1%), $723.69 million in FY2022 and $52.88 million in FY2021 (+12.9%).
- The Q2 2026 figure stands as the highest quarterly Operating Expenses since Q1 2019.
- The strongest year-over-year quarter for Operating Expenses in the past five years was Q1 2022, with growth of 25.8%; the weakest was Q2 2023, with a decline of 10.9%.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | 3.22 Bn |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | 1.47 Bn |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | 900.79 Mn |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | 1.19 Bn |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | 766.20 Mn |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | 1.68 Bn |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | 481.97 Mn |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | 315.61 Mn |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | 566.18 Mn |
| 10 | Mid America Apartment Communities | 13.66 Bn | 13.60 Bn | - | 218.72 Mn |
Historic Data
| Date | Value |
|---|---|
| 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 |
Mid America Apartment Communities Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=MAA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "MAA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=MAA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();