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Mid-America Apartment Communities balance sheet

At the end of fiscal 2025, Mid-America Apartment Communities had total assets of $11.98bn, total liabilities of $6.14bn and shareholders' equity of $5.66bn. It held $60.3m in cash against $5.41bn of debt: net debt of $5.35bn.

Balance sheet

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2008Dec 20082009Dec 20092010Dec 20102011Dec 20112012Dec 20122017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Cash and equivalents0.00.00.00.10.00.00.00.00.00.10.00.00.00.10.0
Goodwill—0.00.00.00.0——————————
Total assets—2.02.22.52.8—11.311.211.211.311.211.511.812.012.0
Total debt0.00.01.51.61.70.04.54.54.64.54.44.55.05.45.8
Total liabilities—1.51.61.81.8—4.94.95.15.15.05.25.76.16.6
Shareholders' equity0.40.40.50.70.96.66.16.15.96.06.06.15.95.75.3
Non-controlling interests and other (assets − liabilities − equity)——————0.20.20.2——————
Net debt (negative = net cash)−0.0−0.01.51.61.7−0.04.54.44.54.54.44.54.95.35.8
Shares outstanding—29m35m39m42m114m114m114m114m115m115m117m117m117m116m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Mid-America Apartment Communities's SEC filings (10-K and 10-Q), retrieved October 30, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Mid-America Apartment Communities.