Direct Answer
Mid-America Apartment Communities reported revenue of $2.2 billion for the fiscal year ended December 31, 2025, net income of $447 million, according to its SEC filings. Revenue grew 0.8% from the prior year.
What Are Mid-America Apartment Communities's Key Financial Figures?
| Fiscal year | FY2025 ended December 31, 2025 | FY2024 ended December 31, 2024 | FY2023 ended December 31, 2023 | FY2022 ended December 31, 2022 |
|---|---|---|---|---|
| Revenue | $2.2 billion | $2.2 billion | $2.1 billion | $2.0 billion |
| Operating income | Not reported | Not reported | Not reported | Not reported |
| Operating margin | n/a | n/a | n/a | n/a |
| Net income | $447 million | $528 million | $553 million | $637 million |
| Net margin | 20.2% | 24.1% | 25.7% | 31.6% |
| Operating cash flow | $1.1 billion | $1.1 billion | $1.1 billion | $1.1 billion |
| Capital expenditures | $360 million | $322 million | $341 million | $296 million |
| Free cash flow | $718 million | $776 million | $796 million | $762 million |
Free cash flow (operating cash flow minus capital expenditures) was $718 million against net income of $447 million; cash generation covered reported earnings.
What Does Mid-America Apartment Communities's Balance Sheet Show?
| Cash and cash equivalents | $60 million |
|---|---|
| Long-term debt | Not reported |
| Total assets | $12.0 billion |
| Total liabilities | $6.1 billion |
| Shareholders' equity | $5.7 billion |
| Current ratio | n/a |
Balance sheet values are as of the end of fiscal 2025. Income statement figures describe a whole year; balance sheet figures describe a single day, so the two answer different questions.
Where These Numbers Come From
Every figure on this page is a value Mid-America Apartment Communities reported in its own SEC filings, read from the SEC's XBRL data (accession 0001193125-26-041208 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 12, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary.
Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation.
Frequently Asked Questions
What was Mid-America Apartment Communities's revenue in fiscal 2025?
Mid-America Apartment Communities reported revenue of $2.2 billion for the fiscal year ended December 31, 2025, according to its SEC filings.
What is Mid-America Apartment Communities's operating margin?
Mid-America Apartment Communities did not report operating income under the standard tag for fiscal 2025, so Swoopr does not compute an operating margin; the income statement in its 10-K shows how it presents profit.
How much free cash flow did Mid-America Apartment Communities generate?
Operating cash flow of $1.1 billion less capital expenditures of $360 million gives free cash flow of $718 million for fiscal 2025.