Mid America Apartment Communities (MAA) Return on Invested Capital (2013 - 2023)
Mid America Apartment Communities (MAA) posted Return on Invested Capital of 703.61% for Q4 2023, up 67.25% on a QoQ basis from 420.7% in Q3 2023, and up 45180.0% year-over-year from N/an in Q4 2022.
Mid America Apartment Communities (MAA) Return on Invested Capital (2013 - 2023) Analysis & Trends
Mid America Apartment Communities' Return on Invested Capital history runs 11 years deep, the most recent figure standing at 703.61% for Q4 2023.
- Quarterly Return on Invested Capital rose 45180.0% year-over-year to 703.61% in Q4 2023, while the trailing twelve-month figure through Dec 2023 was 703.61% (up 45180.0% YoY) and the FY2022 annual result came in at 653.96%, down 20343.0% from the prior year.
- Return on Invested Capital was 703.61% for Q4 2023 at Mid America Apartment Communities, up from 420.7% in the prior quarter.
- Across five years, Return on Invested Capital topped out at 703.61% in Q4 2023 and bottomed at 0.81% in Q1 2020.
- A 5-year average of 192.45% and a median of 217.89% in 2021 frame the typical range for Return on Invested Capital.
- Annual changes were most pronounced in 2020 — Return on Invested Capital tumbled 13008 bps — and 2023, when it soared 45180 bps.
- Mid America Apartment Communities' Return on Invested Capital stood at 1.33% in 2019, then gained by 23 bps to 1.63% in 2020, then surged by 13026 bps to 214.35% in 2021, then gained by 17 bps to 251.81% in 2022, then jumped by 179 bps to 703.61% in 2023.
- Business Quant data shows MAA's Return on Invested Capital at 703.61% in Q4 2023, 420.7% in Q3 2023, and 298.06% in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.63 Bn | 26.85 Bn | - | - |
| 2 | Equity Residential | 25.81 Bn | 26.00 Bn | - | 0.24% |
| 3 | Invitation Homes | 17.83 Bn | 17.87 Bn | 694.98 Mn | - |
| 4 | Mid America Apartment Communities | 15.53 Bn | 15.53 Bn | 537.05 Mn | - |
| 5 | Sun Communities | 14.72 Bn | 14.83 Bn | 491.20 Mn | - |
| 6 | Udr | 12.95 Bn | 12.92 Bn | 416.43 Mn | - |
| 7 | Equity Lifestyle Properties | 12.81 Bn | 12.87 Bn | 378.95 Mn | - |
| 8 | American Homes 4 Rent | 12.07 Bn | 12.74 Bn | - | - |
| 9 | Camden Property Trust | 11.83 Bn | 11.90 Bn | - | - |
| 10 | Millrose Properties | 4.70 Bn | 4.70 Bn | - | 0.00% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 703.61% |
| Sep 30, 2023 | 420.70% |
| Jun 30, 2023 | 298.06% |
| Mar 31, 2023 | 257.70% |
| Dec 31, 2022 | 251.81% |
| Sep 30, 2022 | 240.51% |
| Jun 30, 2022 | 230.23% |
| Mar 31, 2022 | 221.44% |
| Dec 31, 2021 | 214.35% |
| Sep 30, 2021 | 211.83% |
| Jun 30, 2021 | 239.09% |
| Mar 31, 2021 | 274.87% |
| Dec 31, 2020 | 1.63% |
| Sep 30, 2020 | 0.82% |
| Jun 30, 2020 | 0.81% |
| Mar 31, 2020 | 0.81% |
| Dec 31, 2019 | 1.33% |
| Sep 30, 2019 | 130.89% |
| Jun 30, 2019 | 93.00% |
| Mar 31, 2019 | 55.50% |