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

Mid America Apartment Communities (MAA) has reported Operating Margin for 18 consecutive years, with 57.37% the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Operating Margin fell 42.0% year-over-year to 57.37%; the trailing twelve-month figure through Jun 2026 stood at 58.13% (down 71.0% YoY), and the FY2025 full-year result was 58.69%, down 59.0% from the prior year.
• Operating Margin slipped to 57.37% in Q2 2026 per MAA's latest filing, from 59.64% in the prior quarter.
• Across five years, Operating Margin topped out at 94.54% in Q3 2022 and bottomed at 57.37% in Q2 2026.
• Historically, Operating Margin has averaged 75.36% across 5 years, with a median of 59.94% in 2024.
• The sharpest annual moves came in 2023 and 2024: Operating Margin soared 70 bps in 2023, then slumped 3602 bps in 2024.
• Over 5 years, Operating Margin stood at 93.98% in 2022, then slipped by 0 bps to 93.97% in 2023, then sank by 37 bps to 59.53% in 2024, then gained by 0 bps to 59.64% in 2025, then retreated by 4 bps to 57.37% in 2026.
• According to Business Quant data, Operating Margin over the past three periods registered 57.37%, 59.64%, and 57.75% for Q2 2026, Q4 2025, and Q3 2025 respectively.