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MID AMERICA APARTMENT COMMUNITIES INC.

LISTEDNYSE

SYMBOLMAA

SIC6798

STATE OF INC.TN

FISCAL YEAR ENDSDecember 31

CIK912595

REAL ESTATE INVESTMENT TRUSTS · LARGE ACCELERATED FILER · 10 FISCAL YEARS OF SEC XBRL DATA, 2012–2025

Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures as reported.

CAPITALIZATION 12/31/25

($ millions)	Amount	%
Total debt	5,766	50.5
Stockholders' equity	5,663	49.5
Total capitalization	11,429	100.0

116,384,802 shares outstanding at 27 April 2026 (cover page of the 10-Q filed 30 April 2026).

LONG-TERM DEBT 12/31/25

($ millions)	Amount
Not tagged in XBRL

CAPITAL STOCK 12/31/25

Common shares authorized	145,000,000
Common shares issued	116,878,077
Par or stated value per share ($)	0.01
Outstanding at 4/27/26	116,384,802

DIVIDENDS DECLARED/PAID

Fiscal year	Per share $	Payout %
2025	6.08	160.7
2024	5.92	132.0
2023	5.67	120.4
2022	4.99	91.0
2021	4.16	90.3

HISTORY AND BUSINESS

HISTORY: Incorporated in Tennessee.

BUSINESS: Classified by the SEC under Standard Industrial Classification 6798, Real Estate Investment Trusts. Large accelerated filer. Principal executive office: 6815 Poplar Avenue, Suite 500, Germantown, TN 38138. Fiscal year ends December 31. For a description of the business, see Item 1 of the latest 10-K.

CONSOLIDATED INCOME ACCOUNT, YEARS ENDED

($ millions)	12/31/25	12/31/24	12/31/23
Total revenues	2,209	2,191	2,148
Depreciation and amortization	623	586	566
Interest expense	185	169	149
Net income	447	528	553
Earned per share, diluted ($)	3.78	4.49	4.71
Dividends per share ($)	6.08	5.92	5.67

CONSOLIDATED BALANCE SHEET

($ millions)	12/31/25	12/31/24
Real estate, net	11,495	11,400
Cash and equivalents	60	43
Total assets	11,975	11,812
Debt	360	360
Total liabilities	6,136	5,665
Stockholders' equity	5,663	5,942

TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)

Fiscal year ended	Revenues	Oper. income	Net income	Net margin %	EPS diluted $	Div. per share $	Oper. cash flow	Capital expend.	Free cash flow	Total assets	Total liabilities	Total debt	Stockholders' equity	ROE %	Debt / equity
12/31/25	2,209	–	447	20.2	3.78	6.08	1,078	360	718	11,975	6,136	5,766	5,663	7.9	1.02
12/31/24	2,191	–	528	24.1	4.49	5.92	1,098	322	776	11,812	5,665	5,341	5,942	8.9	0.90
12/31/23	2,148	–	553	25.7	4.71	5.67	1,137	341	796	11,485	5,185	4,900	6,094	9.1	0.80
12/31/22	2,020	–	637	31.6	5.48	4.99	1,058	296	762	11,241	5,031	4,779	6,005	10.6	0.80
12/31/21	1,778	–	534	30.0	4.61	4.16	895	280	615	11,285	5,101	4,882	5,965	8.9	0.82
12/31/20	1,678	–	255	15.2	2.19	4.03	824	226	598	11,195	5,091	5,048	5,872	4.3	0.86
12/31/19	1,641	–	354	21.6	3.07	3.88	781	190	591	11,230	4,927	5,081	6,069	5.8	0.84
12/31/18	1,571	–	223	14.2	1.93	3.73	734	255	480	11,324	4,942	5,003	6,150	3.6	0.81
12/31/17	1,529	–	328	21.5	2.86	3.53	661	344	317	–	–	4,502	6,574	5.0	0.68
12/31/12	497	130	105	21.2	2.56	2.67	211	47	164	2,751	1,801	2,865	914	11.5	3.13

Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; free cash flow = operating cash flow − purchases of property, plant and equipment; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.

REGISTRANT:

MID AMERICA APARTMENT COMMUNITIES INC.
CIK 912595 · EIN 62-1543819

PRINCIPAL OFFICE:

6815 Poplar Avenue, Suite 500, Germantown, TN 38138
Tel.: 9016826600

INCORPORATED:

Tennessee

INDUSTRY (SEC SIC CODE):

6798 · Real Estate Investment Trusts

FILER STATUS:

Large accelerated filer

LATEST ANNUAL REPORT:

10-K for period ended 12/31/25, filed 6 February 2026

FORMER NAMES:

MID AMERICA APARTMENT COMMUNITIES INC

RECENT FILINGS (ANNUAL REPORT REFERENCES BELOW):

9/9/26	8-K	period 9/9/26
8/28/26	8-K	period 8/28/26
8/4/26	8-K	period 8/4/26
7/30/26	10-Q	period 6/30/26
7/30/26	8-K	period 7/30/26
7/29/26	8-K	period 7/29/26
6/25/26	8-K	period 6/22/26
6/1/26	8-K	period 6/1/26

Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2025 (filed 2/6/26) · 10-K FY2024 (filed 2/7/25) · 10-K FY2023 (filed 2/9/24) · 10-K FY2022 (filed 2/14/23) · 10-K FY2021 (filed 2/17/22) · 10-K FY2020 (filed 2/18/21) · 10-K FY2019 (filed 2/20/20) · 10-K FY2012 (filed 2/22/13). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.