Mid America Apartment Communities (MAA) Operating Income (2009 - 2026)
Mid America Apartment Communities' (MAA) quarterly Operating Income came in at $318.5 million in Q2 2026, little changed on a YoY basis from $317.7 million in Q2 2025, and down 3.88% quarter-over-quarter from $331.3 million in Q4 2025.
Analysis
Mid America Apartment Communities (MAA) Operating Income (2009 - 2026) Analysis & Trends
Mid America Apartment Communities (MAA) has reported Operating Income for 18 consecutive years, with $318.5 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Income changed 0.23% year-over-year to $318.5 million; the trailing twelve-month figure through Jun 2026 stood at $1.3 billion (down 0.55% YoY), and the FY2025 full-year result was $1.3 billion, changed 0.18% from the prior year.
- Operating Income declined to $318.5 million in Q2 2026 per MAA's latest filing, from $331.3 million in the prior quarter.
- Across five years, Operating Income topped out at $512.2 million in Q3 2023 and bottomed at $317.7 million in Q2 2025.
- Historically, Operating Income has averaged $401.9 million across 5 years, with a median of $331.3 million in 2025.
- The sharpest annual moves came in 2022 and 2024: Operating Income rose 15.55% in 2022, then plunged 37.08% in 2024.
- Over 5 years, Operating Income stood at $496.2 million in 2022, then climbed by 2.69% to $509.5 million in 2023, then sank by 35.76% to $327.3 million in 2024, then climbed by 1.22% to $331.3 million in 2025, then dropped by 3.88% to $318.5 million in 2026.
- According to Business Quant data, Operating Income over the past three periods registered $318.5 million, $331.3 million, and $320.1 million for Q2 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Vivmark Residential | 24.50 Bn | 24.69 Bn | - | - |
| 2 | Invitation Homes | 16.77 Bn | 16.81 Bn | 705.34 Mn | 47.83 Mn |
| 3 | Mid America Apartment Communities | 14.88 Bn | 14.89 Bn | 537.17 Mn | 318.45 Mn |
| 4 | Sun Communities | 14.62 Bn | 14.69 Bn | 460.10 Mn | 25.70 Mn |
| 5 | Equity Lifestyle Properties | 12.11 Bn | 12.17 Bn | 375.97 Mn | 99.36 Mn |
| 6 | Udr | 11.68 Bn | 12.58 Bn | 412.43 Mn | 115.86 Mn |
| 7 | American Homes 4 Rent | 11.67 Bn | 12.34 Bn | - | - |
| 8 | Camden Property Trust | 10.63 Bn | 10.70 Bn | - | - |
| 9 | Avalonbay Communities | 9.67 Bn | 9.87 Bn | - | - |
| 10 | Independence Realty Trust | 3.80 Bn | 3.92 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 318.45 Mn |
| Dec 31, 2025 | 331.31 Mn |
| Sep 30, 2025 | 320.13 Mn |
| Jun 30, 2025 | 317.74 Mn |
| Mar 31, 2025 | 327.36 Mn |
| Dec 31, 2024 | 327.32 Mn |
| Sep 30, 2024 | 322.30 Mn |
| Jun 30, 2024 | 323.44 Mn |
| Mar 31, 2024 | 325.83 Mn |
| Dec 31, 2023 | 509.53 Mn |
| Sep 30, 2023 | 512.22 Mn |
| Jun 30, 2023 | 505.17 Mn |
| Mar 31, 2023 | 495.18 Mn |
| Dec 31, 2022 | 496.19 Mn |
| Sep 30, 2022 | 492.33 Mn |
| Jun 30, 2022 | 463.83 Mn |
| Mar 31, 2022 | 443.22 Mn |
| Dec 31, 2021 | 434.24 Mn |
| Sep 30, 2021 | 426.07 Mn |
| Jun 30, 2021 | 410.06 Mn |