Financial Statements — MAA
Balance Sheet
(in billions USD)| Metric | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 0.07 | 0.03 | 0.05 | 0.06 | 0.05 | 0.06 | 0.05 | 0.16 | 0.15 | 0.14 | 0.04 | 0.06 | 0.06 | 0.03 | 0.03 | 0.03 |
| Total Assets | 11.99 | 11.93 | 11.84 | 11.81 | 11.76 | 11.56 | 11.47 | 11.38 | 11.39 | 11.35 | 11.34 | 11.28 | 11.20 | 11.25 | 11.24 | 11.19 |
| Total Liabilities | 6.29 | 5.91 | 5.75 | 5.65 | 5.60 | 5.36 | 5.19 | 5.06 | 5.02 | 4.96 | 5.17 | 5.09 | 5.07 | 5.14 | 5.10 | 5.16 |
| Total Stockholder Equity | 5.54 | 5.82 | 5.89 | 5.95 | 5.95 | 6.00 | 6.07 | 6.12 | 6.16 | 6.18 | 5.97 | 5.98 | 5.92 | 5.90 | 5.92 | 5.80 |
Income Statement
(in millions USD) (except per-share rows)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Total Revenue | 553.73 | 555.56 | 554.37 | 549.90 | 549.29 | 549.83 | 551.13 | 546.43 | 543.62 | 542.25 | 542.04 | 535.15 | 529.03 | 527.97 | 520.78 | 495.04 | 476.08 | 463.58 | 452.58 | 436.93 |
| Total Operating Expenses | 205.57 | 205.74 | 216.06 | 214.65 | 201.35 | 204.93 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Interest Expense | 51.41 | 48.71 | 46.28 | 45.11 | 45.16 | 44.19 | 42.73 | 41.27 | 40.36 | 38.58 | 36.65 | 36.72 | 37.28 | 38.08 | 38.64 | 38.91 | 39.12 | 39.11 | 39.23 | 38.87 |
| Net Income | 124.36 | 57.57 | 99.54 | 108.13 | 181.67 | 166.65 | 115.20 | 101.95 | 143.75 | 160.48 | 110.73 | 145.69 | 135.91 | 193.62 | 122.31 | 210.70 | 110.80 | 185.64 | 84.48 | 216.48 |
| Diluted EPS | 1.06 | 0.48 | 0.84 | 0.92 | 1.54 | 1.43 | 0.98 | 0.86 | 1.22 | 1.37 | 0.94 | 1.24 | 1.16 | 1.66 | 1.05 | 1.82 | 0.95 | 1.60 | 0.73 | 1.88 |
Cash Flow Statement
(in millions USD)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Operating Cash Flow | 149.64 | 261.67 | 266.44 | 353.45 | 196.62 | 239.13 | 309.54 | 349.37 | 200.26 | 264.93 | 318.17 | 335.77 | 218.31 | 251.16 | 343.41 | 284.28 | 179.62 | 216.72 | 280.93 | 249.21 |
| Capital Expenditures | 58.37 | 103.08 | 95.62 | 88.91 | 72.64 | 86.52 | 94.08 | 89.67 | 52.10 | 80.16 | 86.73 | 98.72 | 75.62 | 76.96 | 86.37 | 94.64 | 38.21 | (108.74) | 140.83 | 134.03 |
| Free Cash Flow* | 91.28 | 158.60 | 170.81 | 264.54 | 123.98 | 152.61 | 215.46 | 259.70 | 148.16 | 184.78 | 231.45 | 237.05 | 142.69 | 174.21 | 257.04 | 189.65 | 141.41 | 325.46 | 140.10 | 115.17 |
| Investing Cash Flow | (122.56) | (197.52) | (254.37) | (176.92) | (61.40) | (173.91) | (321.76) | (236.82) | (93.01) | (346.72) | (135.72) | (154.44) | (138.38) | 9.38 | (356.82) | 25.74 | (83.53) | 16.07 | (137.12) | (20.04) |
| Financing Cash Flow | (16.20) | (36.10) | (34.25) | (177.87) | (122.52) | (72.52) | (0.22) | (104.13) | (94.26) | (38.46) | (170.84) | (173.63) | 15.02 | (253.02) | (154.74) | (160.94) | (154.06) | (143.71) | (145.30) | (229.54) |
* Derived from reported values
Dividends Per Share
(USD)| Metric | Q2
2019 | Q3
2013 | Q2
2013 | Q1
2013 | Q4
2012 | Q3
2012 | Q2
2012 | Q1
2012 | Q4
2011 | Q3
2011 | Q2
2011 | Q1
2011 | Q4
2010 | Q3
2010 | Q2
2010 |
|---|
| Dividends Per Share | 0.96 | 0.70 | 0.70 | 0.70 | 0.70 | 0.66 | 0.66 | 0.66 | 0.66 | 0.63 | 0.63 | 0.62 | 0.63 | 0.62 | 0.62 |
