Mid-America Apartment Communities Quarterly Cash Flow Statement
NYSE: MAAReal EstateReal Estate Investment TrustsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Mid-America Apartment Communities free cash flow
In the quarter ended Mar 31, 2026, Mid-America Apartment Communities generated $149.6 million of operating cash flow and spent $58.4 million on capital expenditures. That left free cash flow of $91.3 million, a free-cash-flow margin of 16.5% of revenue. Free cash flow was down 26.4% from the prior year's $124.0 million.
Mid-America Apartment Communities returned $251.6 million to shareholders: $178.9 million in dividends and $72.8 million in share repurchases, equal to 276% of free cash flow. Free cash flow covered dividend payments 0.5 times.
Summary generated from market data by MetaCap's automated system. Methodology
Mid-America Apartment Communities cash flow statement (quarterly)
| Quarter (USD) | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 | Q2 20232023-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 126.61M | 57.24M | 102.04M | 110.88M | 186.41M | 171.07M | 118.23M | 104.66M | 147.61M | 164.87M | 113.73M | 149.66M |
| Net Income growth (YoY) | -32.08% | -66.54% | -13.69% | +5.94% | +26.28% | +3.76% | +3.95% | -30.07% | +5.76% | -17.13% | -9.52% | -30.89% |
| Depreciation & Amortization | 162.04M | 159.94M | 156.82M | 153.69M | 152.52M | 151.06M | 146.91M | 145.18M | 143.26M | 141.06M | 146.86M | 139.18M |
| Stock-Based Compensation | 5.82M | 4.70M | 3.42M | 3.47M | 5.26M | 3.39M | 3.12M | 3.40M | 5.87M | 3.40M | 3.54M | 3.17M |
| Operating Cash Flow | 149.64M | 261.67M | 266.44M | 353.45M | 196.62M | 239.13M | 309.54M | 349.37M | 200.26M | 264.93M | 318.17M | 335.77M |
| Capital Expenditures | -58.37M | -103.08M | -95.62M | -88.91M | -72.64M | -86.52M | -94.08M | -89.67M | -52.10M | -80.16M | -86.73M | -98.72M |
| Investing Cash Flow | -122.56M | -197.53M | -254.37M | -176.92M | -61.41M | -173.91M | -321.76M | -236.82M | -93.01M | -346.72M | -135.72M | -154.44M |
| Dividends Paid | -178.85M | -177.38M | -177.36M | -177.18M | -177.11M | -171.81M | -171.78M | -171.73M | -171.57M | -163.36M | -163.35M | -163.32M |
| Share Repurchases | -72.78M | — | — | — | 0 | — | — | — | — | — | — | — |
| Financing Cash Flow | -16.20M | -36.10M | -34.25M | -177.87M | -122.52M | -72.52M | -217.00K | -104.13M | -94.26M | -38.46M | -170.84M | -173.63M |
| Net Change in Cash | 10.89M | 28.04M | -22.18M | -1.34M | 12.69M | -7.30M | -12.44M | 8.42M | 12.98M | -120.25M | 11.61M | 7.71M |
| Free Cash Flow | 91.28M | 158.60M | 170.81M | 264.54M | 123.98M | 152.61M | 215.46M | 259.70M | 148.16M | 184.78M | 231.45M | 237.05M |
This table shows 12 quarterly periods of Mid-America Apartment Communities's cash flow statement, from Q1 2026 back to Q2 2023, across 12 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow MAA's reporting calendar. What is a cash flow statement?