Mid-America Apartment Communities vs UDR
Mid-America Apartment Communities is the larger business, with $2.21bn of revenue in fiscal 2025 against $1.71bn for UDR (1.3 times as much). UDR grew faster (2.4% against 0.8%). UDR kept more of each dollar of sales as profit: a net margin of 22.1% against 20.2%. Mid-America Apartment Communities carries less debt relative to equity (95.5% against 177.5%).
| Latest fiscal year | Mid-America Apartment CommunitiesMAA, 2025 | UDRUDR, 2025 |
|---|---|---|
| Revenue | $2.21bn | $1.71bn |
| Revenue growth | 0.8% | 2.4% |
| Net income | $447m | $378m |
| Operating margin | — | 32.3% |
| Net margin | 20.2% | 22.1% |
| Return on equity | 7.7% | 11.2% |
| Free cash flow | $718m | $650m |
| Cash | $60.3m | $1.2m |
| Total debt | $5.41bn | $5.84bn |
| Debt to equity | 95.5% | 177.5% |
| Dividend per share | $6.08 | $1.72 |
| Dividend yield | 5.2% | 4.9% |
| Share buybacks | $27.2m | $118m |
| Employees | 2,507 | 1,420 |
| Market value | $13.63bn | $11.55bn |
| Price vs our value range | — | — |
| Moat score | 72 (Strong) | 61 (Moderate) |
| Insider trades, 12 months | 3 buys, 14 sales | 0 buys, 1 sales |