UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to ___________ Commission File Number 001-12762 (Mid-America Apartment Communities, Inc.) Commission File Number 333-190028-01 (Mid-America Apartments, ...

Mid-America Apartment Communities (NYSE:MAA) Q4 2025 Earnings call February 05, 2026 10:00 AM ET Company ParticipantsAlexander Goldfarb - Managing DirectorAlexander Kim - Equity Research Senior AssociateAndrew Schaeffer - Senior Vice President, Treasurer and Director of Capital MarketsAnne Chang - Equity Research AssociateBrad Heffern - DirectorBrad Hill - President and CEOBuck Horne - Managing DirectorClay Holder - EVP and CFOEric Wolfe - DirectorHaendel St. Juste - Managing DirectorJamie Feldman - Managin ...

Mid-America Apartment Communities (NYSE:MAA) Q4 2025 Earnings call February 05, 2026 10:00 AM ET Company ParticipantsAlexander Goldfarb - Managing DirectorAlexander Kim - Equity Research Senior AssociateAndrew Schaeffer - Senior Vice President, Treasurer and Director of Capital MarketsAnnie Zhang - AssociateBrad Heffern - DirectorBrad Hill - President and CEOBuck Horne - Managing DirectorClay Holder - EVP and CFOEric Wolfe - DirectorHaendel St. Juste - Managing DirectorJamie Feldman - Managing Director, Hea ...

Mid-America Apartment Communities (NYSE:MAA) Q4 2025 Earnings call February 05, 2026 10:00 AM ET Speaker11Good morning, ladies and gentlemen, and welcome to the MAA fourth quarter and full year 2025 earnings conference call. During the presentation, all participants will be in a listen-only mode. Afterwards, the company will conduct a question-and-answer session. As a reminder, this conference call is being recorded today for 05/05/2026. As a reminder, in consideration of time, we have a one-question limit. ...

Key Takeaways MAA posted Q4 2025 core FFO of $2.23, beating estimates, while rental revenues of $555.6M slightly missed.MAA saw occupancy rise to 95.7%, but same-store NOI fell 0.5%, and average effective rent per unit declined.MAA guided 2026 core FFO of $8.35-$8.71, with same-store NOI growth expected between1.7% and 0.3%.Mid-America Apartment Communities (MAA) , commonly known as MAA, reported fourth-quarter 2025 core funds from operations (FFO) per share of $2.23, which surpassed the Zacks Consensus Est ...

This story was originally published on Multifamily Dive. To receive daily news and insights, subscribe to our free daily Multifamily Dive newsletter. Apartment supply in the Sun Belt continued to weigh on MAA in the fourth quarter of 2025, as same-store revenues fell 0.1% year over year and net operating income dropped 0.5% over the period.  In all, about two-thirds of MAA’s competitors are offering concessions, which are averaging in the five-week range, according to MAA Executive Vice President and Chie ...

Shares of Mid-America Apartment Communities ( MAA ) have performed poorly over the past year, with a total return of -9%, meaningfully underperforming the REIT index ( VNQ ) as well as the broader equityAnalyst’s Disclosure: I/we have a beneficial long position in the shares of MAA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship ...

Core Viewpoint - Mid-America Apartment Communities (MAA) has experienced a total return of -9% over the past year, significantly underperforming both the REIT index (VNQ) and the broader equity market [1] Group 1 - MAA's stock performance has been poor, indicating potential challenges in its operational or market environment [1]

Mid-America Apartment Communities (MAA) came out with quarterly funds from operations (FFO) of $2.23 per share, beating the Zacks Consensus Estimate of $2.22 per share. This compares to FFO of $2.23 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of +0.59%. A quarter ago, it was expected that this real estate investment trust would post FFO of $2.17 per share when it actually produced FFO of $2.16, delivering a surprise of -0.46%.Over ...

Exhibit 99.2 Schedule excludes MAA's 35% ownership in a 269-unit joint venture property in Washington, D.C. (1) Supplemental Data S-1 PORTFOLIO STATISTICS (CONTINUED) TOTAL MULTIFAMILY COMMUNITY STATISTICS (1) Dollars in thousands, except Average Effective Rent per Unit | | | | | Average | | | | --- | --- | --- | --- | --- | --- | --- | | | | As of December 31, 2025 | | Effective | As of December 31, 2025 | | | | | Percent to | | Rent per Unit for | | | | | | Total of | | the Three | | Total Units, | | | Gr ...