Mid-America Apartment Communities (MEX:MAA) Earnings Yield (Joel Greenblatt) %: 2.82% (As of Jun. 2026) — Near Median

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MEX:MAA Mid-America Apartment Communities Inc MEX:MAA
77 GF Score
Price MXN2,550.00
GF Value MXN2,669.71
! 6 Warning Signs
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What is Mid-America Apartment Communities Earnings Yield (Joel Greenblatt) %?

Mid-America Apartment Communities MEX:MAA 77 Earnings Yield (Joel Greenblatt) % is 2.82% as of Jun. 2026, which is 5% below its 10-year median of 2.97. GuruFocus rates MEX:MAA with a GF Score™ of 77/100 and a GF Value™ of MXN2,669.71. The stock has 6 warning signs investors should review. Among 961 REITs companies, Mid-America Apartment Communities ranks worse than 56.82% on this metric.

Mid-America Apartment Communities's Enterprise Value for the quarter that ended in Jun. 2026 was MXN396,845 Mil. Mid-America Apartment Communities's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was MXN11,076 Mil. Mid-America Apartment Communities's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 2.82%.

The historical rank and industry rank for Mid-America Apartment Communities's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

MEX:MAA' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.8   Med: 2.97   Max: 4.15
Current: 2.89

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Mid-America Apartment Communities was 4.15%. The lowest was 1.80%. And the median was 2.97%.

MEX:MAA's Earnings Yield (Joel Greenblatt) % is ranked worse than
56.82% of 961 companies
in the REITs industry
Industry Median: 3.48 vs MEX:MAA: 2.89

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Mid-America Apartment Communities's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 4.99%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.


Mid-America Apartment Communities  (MEX:MAA) Earnings Yield (Joel Greenblatt) % Explanation

Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.

Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.


Be Aware

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


Mid-America Apartment Communities Earnings Yield (Joel Greenblatt) % Related Terms


Mid-America Apartment Communities Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Mid-America Apartment Communities's Earnings Yield (Joel Greenblatt) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mid-America Apartment Communities Earnings Yield (Joel Greenblatt) % Chart

Mid-America Apartment Communities Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.31 3.53 3.53 3.07 2.96

Mid-America Apartment Communities Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.40 3.48 2.96 2.99 2.82

MEX:MAA vs SUI, INVH, UDR: Earnings Yield (Joel Greenblatt) % Comparison

For the REIT - Residential subindustry, Mid-America Apartment Communities's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mid-America Apartment Communities Earnings Yield (Joel Greenblatt) % vs REITs Industry

For the REITs industry and Real Estate sector, Mid-America Apartment Communities's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Mid-America Apartment Communities's Earnings Yield (Joel Greenblatt) % falls into.


MEX:MAA
77GF Score
Mid-America Apartment Communities Inc MEX:MAA
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mid-America Apartment Communities Earnings Yield (Joel Greenblatt) % Calculation

In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.

Mid-America Apartment Communitiess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=11601.847/397534.69
=2.92 %

Mid-America Apartment Communities's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN11,076 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 2.82% mean?
Mid-America Apartment Communities (MEX:MAA) has a Earnings Yield (Joel Greenblatt) % of 2.82% as of Jun. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Mid-America Apartment Communities and its competitors. This is near median its historical median of 2.97. Over the past decade, Mid-America Apartment Communities' Earnings Yield (Joel Greenblatt) % has ranged from 1.80 to 4.15. According to the industry distribution chart, Mid-America Apartment Communities ranks #546 out of 961 companies in the REITs industry, placing it in the top 56.8%.
Is Mid-America Apartment Communities' Earnings Yield (Joel Greenblatt) % too high?
Mid-America Apartment Communities' current Earnings Yield (Joel Greenblatt) % of 2.82% is near median its 10-year median of 2.97. Over the past 10 years, this metric has ranged from a low of 1.80 to a high of 4.15. The REITs industry median Earnings Yield (Joel Greenblatt) % is 3.48. Mid-America Apartment Communities' value of 2.82% is 19% below this industry median. Based on the distribution chart, Mid-America Apartment Communities ranks #546 out of 961 companies in the REITs industry, which is below the industry midpoint. Overall, Mid-America Apartment Communities has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Mid-America Apartment Communities' Earnings Yield (Joel Greenblatt) % compare to SUI and INVH?
According to the REITs industry distribution chart, Mid-America Apartment Communities ranks #546 out of 961 companies for Earnings Yield (Joel Greenblatt) %. This places Mid-America Apartment Communities in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.48. Mid-America Apartment Communities' value of 2.82% is 19% below this benchmark. Historically, Mid-America Apartment Communities' own Earnings Yield (Joel Greenblatt) % has ranged from 1.80 to 4.15 over the past decade. While the company's 10-year median is 2.97 vs. the industry median of 3.48, Mid-America Apartment Communities has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a REITs company?
The median Earnings Yield (Joel Greenblatt) % among REITs companies is 3.48, based on 961 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mid-America Apartment Communities's current Earnings Yield (Joel Greenblatt) % of 2.82% is 19% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Mid-America Apartment Communities and its competitors. For the REITs industry, the median Earnings Yield (Joel Greenblatt) % is 3.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mid-America Apartment Communities's current Earnings Yield (Joel Greenblatt) % is 2.82%, which is near median its own 10-year median of 2.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mid-America Apartment Communities stock overvalued right now?
Mid-America Apartment Communities (MEX:MAA) has a current Earnings Yield (Joel Greenblatt) % of 2.82%. The stock's GF Value™ is MXN2,669.71, compared to a current price of MXN2,550.00 — trading 4.5% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 2.82%, which is near median its 10-year median of 2.97 and 19% below the REITs industry median of 3.48. Mid-America Apartment Communities' overall GF Score™ is 77/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Mid-America Apartment Communities (MEX:MAA), the current Earnings Yield (Joel Greenblatt) % is 2.82% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mid-America Apartment Communities (MEX:MAA) Overvalued in 2026?

Based on GuruFocus' analysis, Mid-America Apartment Communities stock appears to be undervalued. The current stock price of MXN2,550.00 is trading 4.5% below its estimated GF Value™ of MXN2,669.71.

Key valuation signals for MEX:MAA:

  • Earnings Yield (Joel Greenblatt) %: 2.82% (near median its 10-year median of 2.97)
  • GF Value™: MXN2,669.71 vs. price of MXN2,550.00 (4.5% below fair value)
  • GF Score™: 77/100 with 6 warning signs
  • Industry Position: 19% below the REITs median (#546 of 961)

No single metric tells the full story. See the MEX:MAA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mid-America Apartment Communities Business Description

Industry Real EstateREITs
Address 6815 Poplar Avenue, Suite 500, Germantown, TN, USA, 38138
Mid-America Apartment Communities Inc is a multifamily-focused, self-administered and self-managed real estate investment trust. The company owns, operates, acquires and selectively develops apartment communities located in the Southeast, Southwest and Mid-Atlantic regions of the U.S. Its business objectives are to generate a sustainable, stable and increasing cash flow that will fund its dividends and distributions through all parts of the real estate investment cycle. It operates in two segments, Same Store and Non-Same Store and Other. The majority of the revenue is derived from Same Store segment.
77GF Score

Get the complete analysis for MEX:MAA

Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN2,550.00
Price
MXN2,669.71
GF Value