CluenexMid-America Apartment Communities MAA
Mid-America Apartment Communities scores weak on business quality (4.4 of 10). Here is why, in plain words, and what our sealed record shows.
Why it matters
- What Mid-America Apartment Communities does
Mid-America Apartment Communities acquires, develops, and operates multifamily apartment communities, collecting rent from residents primarily across the Sunbelt region.
- What it does best
MAA excels at regional portfolio curation in high-growth Sunbelt markets, generating a gross margin of 58.4% that outpaces peers like IRT at 58.8% through operational density. This geographic focus creates localized operating efficiencies that are difficult for smaller rivals to replicate without comparable scale.
- The main risk
Interest rate volatility threatens its capital-intensive development pipeline and refinancing costs, given an interest coverage ratio of just 3.0x that leaves little margin for error if debt expenses climb further.
Quality, check by check
Scored against its own industry, from company filings.
Operating margin hits 26.9% alongside an FCF margin of 9.3%, reflecting stable profitability that ranks in the middle of the pack for its sector but struggles to expand as capital costs rise.
Scale advantages in Sunbelt markets lock in residents through localized brand density, though a 4.9 moat score and gross margin in the 25th sector percentile show limited pricing power.
Revenue growth crawls at 0.8%, landing in the bottom quartile of its sector at the 21st percentile and reflecting a definite slowdown from prior years.
Debt-to-equity sits at 1.0x with interest coverage of 3.0x, while free_cash_flow stands at $206M, reflecting moderate financial leeway that remains under pressure.
Insiders
Executives and directors, from SEC Form 4 filings we read ourselves. Open market trades only; grants, option exercises and pre-planned sales left out.
No open market buys or unplanned sales by executives or directors.
Our sealed record on MAA
Verdicts appear here 30 days after we publish them; members see today's. Each one is in the nightly ledger, fingerprinted the night it was made.
The first sealed verdicts appear here on Oct 11, 2026.
Questions
Mid-America Apartment Communities scores weak on the Cluenex quality check (4.4 of 10), measured against its own industry. Profitability is fair, moat fair, growth slow and financial health fair.
In the last 90 days of SEC Form 4 filings: No open market buys or unplanned sales by executives or directors.
Oct 28, 2026, after the close.
See MAA today
- Today's verdict on MAA, and why
- Fair value with cautious, base and optimistic cases
- The exact price that would change the verdict
- Which stocks each signal names, the night it fires
Cite this page: Cluenex, “Mid-America Apartment Communities (MAA)”, https://cluenex.com/stocks/maa/, data as of Oct 10, 2026.