Filing Flows › Mid America Apartment Communities (MAA) › Operating margin
Mid America Apartment Communities (MAA) operating margin by quarter
Mid America Apartment Communities' operating margin was 23.8% in Q1 2026 (first quarter 2026), +13.3 pts from Q4 2025. Over the last 6 quarters it ranged from 10.5% (Q4 2025) to 34.0% (Q1 2025).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q1 2026 | 23.8% | +13.3 pts | -10.2 pts |
| Q4 2025 | 10.5% | -8.2 pts | -20.8 pts |
| Q3 2025 | 18.7% | -1.5 pts | — |
| Q2 2025 | 20.3% | -13.8 pts | — |
| Q1 2025 | 34.0% | +2.7 pts | — |
| Q4 2024 | 31.3% | — | — |
Q1 2026 at a glance
Mid America Apartment Communities, Q1 2026: revenue $554M (+0.8% year over year), operating margin 23.8%, net earnings $124M, operating cash flow $150M. The chart follows the revenue to costs, profit and cash.
Questions
What is Mid America Apartment Communities' operating margin?
Mid America Apartment Communities' operating margin was 23.8% in Q1 2026 (first quarter 2026), +13.3 pts from Q4 2025.
How has Mid America Apartment Communities' operating margin changed?
Over the last 6 quarters it ranged from 10.5% (Q4 2025) to 34.0% (Q1 2025).
Q1 2026 results → · How Mid America Apartment Communities makes money →