NYSE$MAA

Mid-America Apartment Communities Inc. · Q2 2025 earnings

Q2 2025 earnings · · After market close · Investor relations

Briefing

Mid-America Apartment Communities Inc. reported Q2 2025 earnings with revenue growth and higher net income.

The company posted rental and other property revenues of $549.9 million for the three months ended June 30, 2025, up 0.6% year-over-year. Net income reached $110.9 million, with net income available for common shareholders at $107.2 million or $0.92 per share. Same Store revenues declined 0.3% while property operating expenses rose 4.3%.

  • Revenue increased 0.6% to $549.9 million driven by Non-Same Store growth.
  • Same Store average effective rent per unit fell 0.5% to $1,690 with occupancy at 95.4%.
  • FFO attributable to common shareholders and unitholders totaled $262.3 million.
  • Core FFO attributable to common shareholders and unitholders was $257.6 million.

Headline financials

Total Revenue

$550M

Previous: $546M+0.6%
EPS (adj)

$0.92

Previous: $0.86+7.0%
FFO attributable to common shareholders and unitholders

$262M

Previous: $2.06+12734854268.9%
Same Store average physical occupancy

95.4%

No prior period
Same Store resident turnover

41.0%

No prior period
Same Store average effective rent per unit

$1.69K

No prior period
Capital Expenditures

-$162M

Previous: -$142M-13.9%
Net Income

$108M

Previous: $102M+6.1%
Operating Income

$335M

Previous: $372M-9.8%

Revenue & EPS history

MAA · Revenue · Quarterly

$550M

Q2 2025+0.6%vs Q2 2024
Beat estimate in 7 of 16 quarters(44%)
ActualEstimate

Revenue by segment

MAA · $550M total across 2 segments · Q2 2025

  • Same Store
    $519M
  • Non-Same Store and Other
    $30.9M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

+0.3%

Avg return

Earnings day

+0.6%

Avg return

5 days after

+1.5%

Avg return

30 days after

56%

38 / 68 earnings

Positive

+10.8%

Q2 2011

Best reaction

-6.2%

Q2 2014

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q1 2026-1.3%+0.3%-0.5%
Q4 2025-3.2%+1.0%-1.7%
Q3 2025+2.0%+2.2%+7.6%
Q1 2025+1.5%+3.1%-1.9%
Q4 2024+1.3%-0.5%+6.0%
Q3 2024+0.2%+0.8%+8.7%
Q2 2024+3.6%+3.7%+14.9%
Q1 2024+1.3%+5.2%+2.9%
Q4 2023-0.9%-0.1%+7.4%
Q3 2023-6.1%-9.5%-5.5%
Q2 2023-1.6%-1.4%-4.7%
Q1 2023+2.4%+4.5%-1.3%
Q4 2022+4.4%+3.6%-4.3%
Q3 2022+0.0%+2.3%+4.9%
Q2 2022+5.9%+4.7%+0.1%
Q1 2022+1.3%-6.7%-9.6%
Q4 2021+3.8%+2.5%+4.4%
Q3 2021+1.8%-0.6%+0.4%
Q2 2021+2.6%+3.7%+0.5%
Q1 2021+0.2%+0.9%+3.6%
Q4 2020-0.5%-0.1%-1.2%
Q3 2020-1.2%+4.3%+8.0%
Q2 2020+4.0%+3.4%+3.7%
Q1 2020+1.2%+0.5%+10.7%
Q4 2019+0.0%-0.2%-6.0%
Q3 2019+2.6%+2.8%+0.5%
Q2 2019+1.3%-1.4%+6.3%
Q1 2019+0.1%+0.4%+4.4%
Q4 2018-2.0%-0.7%-0.3%
Q3 2018-1.8%-2.6%+3.6%
Q2 2018-0.9%+0.5%+2.8%
Q1 2018-0.8%+0.6%+2.2%
Q4 2017-1.3%-4.4%-7.8%
Q3 2017-4.3%-2.1%+0.0%
Q2 2017+1.5%+2.1%+5.6%
Q1 2017-3.4%-1.8%-0.3%
Q4 2016+2.9%+3.0%+6.5%
Q3 2016-2.4%-0.4%-1.1%
Q2 2016-1.9%-0.0%-11.3%
Q1 2016+3.2%
Q4 2015-5.2%
Q3 2015+1.6%
Q2 2015+3.9%
Q1 2015-2.8%
Q4 2014-2.2%
Q3 2014-0.2%
Q2 2014-6.2%
Q1 2014+0.2%
Q4 2013+1.3%
Q3 2013-2.5%
Q2 2013-2.8%
Q1 2013+0.1%
Q4 2012+0.4%
Q3 2012-0.4%
Q2 2012-0.4%
Q1 2012-1.2%
Q4 2011+0.9%
Q3 2011-1.3%
Q2 2011+10.8%
Q1 2010+1.3%
Q1 2011+2.1%
Q4 2010+2.1%
Q4 2008+2.1%
Q3 2009+2.9%
Q3 2010+2.9%
Q2 2010-1.9%
Q2 2009-1.9%
Q4 2009-1.9%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro