Mid-America Apartment Communities, Inc. (MAA) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Assets | 11.99B | 11.98B | 11.93B | 11.84B | 11.81B | 11.81B | 11.76B | 11.56B | 11.47B | 11.48B | 11.38B | 11.39B | 11.35B | 11.24B | 11.34B | 11.28B | 11.2B | 11.29B | 11.25B | 11.24B |
| Asset Growth % | 1.55% | 1.38% | 1.45% | 2.36% | 2.97% | 2.85% | 3.29% | 1.51% | 1.04% | 2.16% | 0.39% | 0.98% | 1.37% | -0.39% | 0.75% | 0.34% | 0.06% | 0.81% | 1.13% | 1% |
| Real Estate & Other Assets | 289.44M | 11.49B | 11.84B | 11.73B | 11.7B | 11.71B | 11.64B | 11.44B | 11.36B | 11.39B | 11.16B | 11.19B | 11.15B | 11.14B | 11.18B | 11.02B | 11.08B | 11.11B | 11.13B | 11.16B |
| PP&E (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investment Securities | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Total Current Assets | 84.86M | 120.38M | 45.93M | 68.12M | 69.45M | 64.53M | 79.38M | 76.5M | 68.08M | 55.09M | 175.34M | 163.72M | 156.02M | 61.07M | 120.07M | 221.7M | 72.62M | 130.6M | 83.96M | 43M |
| Cash & Equivalents | 84.86M | 60.26M | 32.25M | 54.48M | 55.78M | 43.02M | 50.23M | 62.83M | 54.6M | 41.31M | 161.9M | 150.16M | 142.41M | 38.66M | 39M | 60.57M | 60.37M | 54.3M | 29.81M | 31.88M |
| Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 0 | 13.72M | 13.68M | 13.63M | 13.68M | 21.51M | 29.15M | 13.67M | 13.47M | 13.78M | 13.44M | 13.57M | 13.61M | 22.41M | 81.07M | 161.13M | 12.25M | 76.3M | 54.15M | 11.12M |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 1M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 900K | 0 | 0 |
| Total Liabilities | 6.29B | 6.14B | 5.91B | 5.75B | 5.65B | 5.66B | 5.6B | 5.36B | 5.19B | 5.19B | 5.06B | 5.02B | 4.96B | 5.03B | 5.17B | 5.09B | 5.07B | 5.1B | 5.14B | 5.1B |
| Total Debt | 5.66B | 5.41B | 5.2B | 5.1B | 5.04B | 5.01B | 4.93B | 4.7B | 4.62B | 4.57B | 4.39B | 4.4B | 4.4B | 4.44B | 4.52B | 4.52B | 4.54B | 4.52B | 4.54B | 4.55B |
| Net Debt | 5.57B | 5.35B | 5.17B | 5.04B | 4.99B | 4.96B | 4.88B | 4.64B | 4.57B | 4.53B | 4.23B | 4.25B | 4.25B | 4.4B | 4.48B | 4.46B | 4.48B | 4.46B | 4.51B | 4.52B |
| Long-Term Debt | 5.66B | 5.41B | 4.73B | 4.04B | 4.73B | 4.73B | 4.41B | 4.38B | 4.39B | 4.05B | 4.39B | 4.4B | 4.4B | 4.39B | 4.39B | 4.52B | 4.52B | 4.52B | 4.52B | 4.27B |
| Short-Term Borrowings | 0 | 0 | 463M | 1.03B | 310M | 250M | 490.74M | 316M | 235M | 495M | 0 | 0 | 0 | 20M | 125M | 0 | 20M | 0 | 25M | 280M |
| Capital Lease Obligations | 0 | 0 | 0 | 23.7M | 23.38M | 26.09M | 25.76M | 0 | 0 | 27.34M | 0 | 0 | 0 | 28.67M | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 0 | 730.37M | 1.18B | 315M | 921.9M | 856.74M | 490M | 971.98M | 804.79M | 1.06B | 666.44M | 623.71M | 566.08M | 558.01M | 772.18M | 571.57M | 551.35M | 584.4M | 623.59M | 826.52M |
| Accounts Payable | 0 | 0 | 0 | 0 | 0 | 124.81M | 0 | 0 | 0 | 94.46M | 0 | 0 | 0 | 101.99M | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 64.63M | 0 | 0 | 0 | 65.18M | 0 | 0 | 0 | 65.13M | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 629.49M | 0 | 0 | -4.07B | 0 | 50.92M | -4.44B | 0 | 0 | 51.54M | 0 | 0 | 0 | 49.16M | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Equity | 5.71B | 5.84B | 6.01B | 6.09B | 6.16B | 6.15B | 6.15B | 6.21B | 6.28B | 6.3B | 6.32B | 6.37B | 6.39B | 6.21B | 6.17B | 6.19B | 6.13B | 6.18B | 6.11B | 6.14B |
| Equity Growth % | -7.3% | -5.01% | -2.27% | -1.86% | -1.89% | -2.4% | -2.65% | -2.59% | -1.79% | 1.43% | 2.43% | 2.92% | 4.25% | 0.43% | 0.94% | 0.78% | 1.54% | 1.32% | -0.3% | -0.69% |
| Shareholders Equity | 5.56B | 5.68B | 5.84B | 5.91B | 5.97B | 5.96B | 5.97B | 6.02B | 6.09B | 6.11B | 6.13B | 6.18B | 6.2B | 6.03B | 5.99B | 6.01B | 5.95B | 6B | 5.92B | 5.94B |
| Minority Interest | 149.67M | 156.39M | 175.81M | 177.91M | 183.76M | 183.3M | 182.92M | 182.57M | 184.94M | 185.88M | 186.97M | 187.96M | 187.63M | 184.66M | 184.01M | 184.84M | 183.41M | 188.73M | 193.18M | 201.95M |
| Common Stock | 19.35M | 1.17M | 21.39M | 22.3M | 25.59M | 23.4M | 23.68M | 20.95M | 20.26M | 20.34M | 19.2M | 22.16M | 20.76M | 21.82M | 21.3M | 23.55M | 28.01M | 31.34M | 25.47M | 22.84M |
| Additional Paid-in Capital | 7.33B | 7.4B | 7.44B | 7.43B | 7.42B | 7.42B | 7.41B | 7.41B | 7.41B | 7.4B | 7.41B | 7.41B | 7.41B | 7.2B | 7.2B | 7.19B | 7.2B | 7.23B | 7.22B | 7.2B |
| Retained Earnings | -1.79B | -1.73B | -1.61B | -1.54B | -1.47B | -1.47B | -1.46B | -1.4B | -1.33B | -1.3B | -1.29B | -1.24B | -1.22B | -1.19B | -1.22B | -1.2B | -1.27B | -1.26B | -1.31B | -1.27B |
| Preferred Stock | 9K | 9K | 9K | 9K | 9K | 9K | 9K | 9K | 9K | 9K | 9K | 9K | 9K | 9K | 9K | 9K | 9K | 9K | 9K | 9K |
| Return on Assets (ROA) | 1.15% | 0.48% | 0.84% | 0.91% | 1.54% | 1.41% | 0.99% | 0.89% | 1.25% | 1.4% | 0.97% | 1.28% | 1.2% | 1.71% | 1.08% | 1.87% | 0.99% | 1.65% | 0.75% | 1.93% |
| Return on Equity (ROE) | 2.38% | 0.97% | 1.64% | 1.77% | 2.95% | 2.71% | 1.86% | 1.63% | 2.29% | 2.54% | 1.74% | 2.28% | 2.16% | 3.13% | 1.98% | 3.42% | 1.8% | 3.02% | 1.38% | 3.55% |
| Debt / Assets | 47.16% | 45.14% | 43.58% | 43.07% | 42.69% | 42.39% | 41.92% | 40.65% | 40.32% | 39.77% | 38.61% | 38.59% | 38.72% | 39.53% | 39.86% | 40.05% | 40.52% | 40.02% | 40.35% | 40.5% |
| Debt / Equity | 0.99x | 0.93x | 0.86x | 0.84x | 0.82x | 0.81x | 0.80x | 0.76x | 0.74x | 0.73x | 0.70x | 0.69x | 0.69x | 0.72x | 0.73x | 0.73x | 0.74x | 0.73x | 0.74x | 0.74x |
| Net Debt / EBITDA | 18.03x | 16.84x | 16.79x | 16.53x | 15.99x | 15.84x | 15.75x | 14.92x | 14.79x | 14.24x | 13.52x | 13.65x | 13.60x | 13.97x | 14.88x | 15.78x | 16.34x | 16.69x | 17.80x | 18.72x |
| Book Value per Share | 48.90 | 49.86 | 51.33 | 51.98 | 52.59 | 52.59 | 52.68 | 53.14 | 53.75 | 53.96 | 54.16 | 54.58 | 54.90 | 53.70 | 53.40 | 53.57 | 52.98 | 53.49 | 53.07 | 53.50 |