Mid America Apartment Communities (MAA) Return on Invested Capital [ROIC] (2013 - 2026)
Mid America Apartment Communities (MAA) recorded Return on Invested Capital [ROIC] of 5.37% in Q2 2026, down 1.68 percentage points from 7.05% a year earlier.
Mid America Apartment Communities (MAA) Return on Invested Capital [ROIC] (2013 - 2026) Analysis & Trends
For FY2025, Mid America Apartment Communities reported Return on Invested Capital [ROIC] of 5.90%, down 0.76 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has declined for three straight years, though with a five-year change of +1.68 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at 6.66% in FY2024 (-0.24 pp), 6.90% in FY2023 (-0.91 pp), 7.80% in FY2022 (+0.94 pp) and 6.86% in FY2021 (+2.64 pp).
- The Q2 2026 figure is the lowest quarterly Return on Invested Capital [ROIC] since Q1 2021.
- On a year-over-year basis, Return on Invested Capital [ROIC] rose in three of the last seven quarters, with an average year-over-year change of -0.34 percentage points.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 3.21 percentage points in Q1 2022, against a drop of 1.68 percentage points in Q2 2026 at the low end.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 164.16 Bn | 146.67 Bn | 1.39 Bn | -12.89% |
| 2 | Prologis | 120.28 Bn | 124.68 Bn | - | - |
| 3 | Simon Property | 68.97 Bn | 70.18 Bn | - | - |
| 4 | Realty Income | 51.22 Bn | 53.60 Bn | - | 5.36% |
| 5 | Public Storage | 49.85 Bn | 48.94 Bn | - | - |
| 6 | Ventas | 43.09 Bn | 42.28 Bn | - | - |
| 7 | Extra Space Storage | 28.15 Bn | 28.15 Bn | 642.43 Mn | - |
| 8 | Vici Properties | 24.95 Bn | 23.07 Bn | 1.05 Bn | - |
| 9 | Vivmark Residential | 22.41 Bn | 22.60 Bn | - | 8.87% |
| 10 | Mid America Apartment Communities | 13.38 Bn | 13.30 Bn | - | 5.52% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.37% |
| Dec 31, 2025 | 5.88% |
| Sep 30, 2025 | 6.93% |
| Jun 30, 2025 | 7.05% |
| Mar 31, 2025 | 6.96% |
| Dec 31, 2024 | 6.61% |
| Sep 30, 2024 | 6.56% |
| Jun 30, 2024 | 6.51% |
| Mar 31, 2024 | 6.91% |
| Dec 31, 2023 | 6.87% |
| Sep 30, 2023 | 7.22% |
| Jun 30, 2023 | 7.34% |
| Mar 31, 2023 | 8.02% |
| Dec 31, 2022 | 7.80% |
| Sep 30, 2022 | 7.76% |
| Jun 30, 2022 | 7.39% |
| Mar 31, 2022 | 7.46% |
| Dec 31, 2021 | 6.83% |
| Sep 30, 2021 | 5.84% |
| Jun 30, 2021 | 5.61% |
Mid America Apartment Communities Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=MAA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=MAA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();