Healthpeak Properties (DOC) vs Mid-America Apartment Communities (MAA)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Healthpeak Properties (DOC) has outperformed Mid-America Apartment Communities (MAA) over the past year, losing 2.5% versus a loss of 16.2%. Over five years, MAA leads with a -42.2% price change compared with -46.1% for DOC. Mid-America Apartment Communities is the larger company by market cap ($13.59 billion vs $13.23 billion), about 1.0 times the size, while Healthpeak Properties is growing revenue faster (+4.5% vs +0.8%).
On valuation, Mid-America Apartment Communities trades at a lower forward P/E (34.8x vs 133.3x for Healthpeak Properties). Healthpeak Properties offers the higher dividend yield (6.54% vs 5.33%). Mid-America Apartment Communities converts more of its revenue into profit, with a net margin of 20.2% versus 2.5%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | DOC | MAA |
|---|---|---|
| Share price | $18.66 | $114.21 |
| Market cap | $13.23B | $13.59B |
| 1-day change | -1.79% | -2.38% |
| YTD return | +16.04% | -17.78% |
| 1-year return | -2.51% | -16.16% |
| 5-year return | -46.13% | -42.19% |
| P/E ratio (TTM) | 53.31 | 33.39 |
| Forward P/E | 133.29 | 34.82 |
| EPS (TTM) | $0.35 | $3.42 |
| Dividend yield | 6.54% | 5.33% |
| Annual dividend | $1.22 | $6.09 |
| Revenue (latest FY) | $2.82B | $2.21B |
| Revenue growth (YoY) | +4.52% | +0.83% |
| Net income (latest FY) | $71.35M | $446.91M |
| Net margin | 2.53% | 20.23% |
| 52-week high | $22.95 | $144.41 |
| 52-week low | $15.70 | $114.19 |
| Distance from 52-week high | -18.69% | -20.91% |
| Analyst consensus | buy | hold |
| Avg. price target upside | +22.99% | +23.81% |
| Average volume | 5.42M | 1.08M |
| Shares outstanding | 689.53M | 116.02M |
| Employees | 411 | 2,507 |
| Sector | Real Estate | Real Estate |
| Industry | Real Estate Investment Trusts | Real Estate Investment Trusts |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- DOC has outperformed MAA by 13.6 percentage points over the past year.
- Healthpeak Properties trades at a higher earnings multiple (53.3x vs 33.4x trailing P/E).
- Healthpeak Properties offers a meaningfully higher dividend yield (6.54% vs 5.33%).
- Mid-America Apartment Communities is more profitable, keeping 20.2 cents of every revenue dollar as net income versus 2.5 cents for Healthpeak Properties.
About Healthpeak Properties
DOC stock →Healthpeak Properties, Inc. is a fully integrated real estate investment trust (REIT) and S&P 500 company.
Real Estate · Real Estate Investment Trusts · 411 employees
About Mid-America Apartment Communities
MAA stock →Mid-America Apartment Communities, Inc. an S&P 500 company, is a real estate investment trust (REIT) focused on delivering full-cycle and superior investment performance for shareholders through the ownership, management, acquisition, development and redevelopment of quality apartment communities primarily in the Southeast, Southwest and Mid-Atlantic regions of the United States.
Real Estate · Real Estate Investment Trusts · 2,507 employees
DOC vs MAA FAQ
Which is bigger, Healthpeak Properties or Mid-America Apartment Communities?
Mid-America Apartment Communities (MAA) is larger, with a market capitalization of $13.59B compared with $13.23B for Healthpeak Properties (DOC).
Which stock has performed better over the past year, DOC or MAA?
DOC returned -2.51% over the past 12 months, compared with -16.16% for MAA (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, DOC or MAA?
MAA has the lower trailing P/E at 33.4, versus 53.3 for DOC. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Healthpeak Properties or Mid-America Apartment Communities?
Healthpeak Properties has the higher yield at 6.54%, compared with 5.33% for Mid-America Apartment Communities.
Are Healthpeak Properties and Mid-America Apartment Communities in the same industry?
Yes. Both are classified in the Real Estate Investment Trusts industry within the Real Estate sector.