Mid-America Apartment Communities (FRA:M2K) EPS without NRI: €2.70 (TTM As of Mar. 2026)


FRA:M2K Mid-America Apartment Communities Inc FRA:M2K
77 GF Score
Price €118.40
GF Value €125.86
Valuation Fairly Valued
! 6 Warning Signs
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What is Mid-America Apartment Communities EPS without NRI?

Mid-America Apartment Communities FRA:M2K -0.55% 77 EPS without NRI is €2.70 as of Mar. 2026. GuruFocus rates FRA:M2K with a GF Score™ of 77/100 and a GF Value™ of €125.86 (Fairly Valued). The stock has 6 warning signs investors should review. Among 677 REITs companies, Mid-America Apartment Communities ranks worse than 66.91% on this metric.

Mid-America Apartment Communities's earnings per share without non-recurring items for the three months ended in Mar. 2026 was €0.77. Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Mar. 2026 was €2.70.

During the past 12 months, Mid-America Apartment Communities's average earnings per share (NRI) Growth Rate was -15.80% per year. During the past 3 years, the average earnings per share (NRI) Growth Rate was -7.50% per year. During the past 5 years, the average earnings per share (NRI) Growth Rate was 9.60% per year. During the past 10 years, the average earnings per share (NRI) Growth Rate was 8.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EPS without NRI Growth Rate using Earnings per share without Non-Recurring Items (NRI) data.

The historical rank and industry rank for Mid-America Apartment Communities's EPS without NRI or its related term are showing as below:

FRA:M2K' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -73.1   Med: 7.3   Max: 251.9
Current: -7.5

During the past 13 years, Mid-America Apartment Communities's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 251.90% per year. The lowest was -73.10% per year. And the median was 7.30% per year.

FRA:M2K's 3-Year EPS without NRI Growth Rate is ranked worse than
66.91% of 677 companies
in the REITs industry
Industry Median: 0.7 vs FRA:M2K: -7.50

Mid-America Apartment Communities's EPS (Diluted) for the three months ended in Mar. 2026 was €0.92. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €2.84.

Mid-America Apartment Communities's EPS (Basic) for the three months ended in Mar. 2026 was €0.92. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was €2.84.


Mid-America Apartment Communities  (FRA:M2K) EPS without NRI Explanation

EPS without NRI removes onetime and unusual items from EPS, to provide investors with a more accurate measure of the company’s true earnings. The earnings are adjusted for items that are irregular or unusual in nature, and/or are non-recurring. This is calculated using Net Income (Continuing Operations) plus/minus any tax affected unusual Items and Goodwill Impairments/Write Offs. This can be used to fairly measure a company's profitability.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


Mid-America Apartment Communities EPS without NRI Related Terms


Mid-America Apartment Communities EPS without NRI Historical Data

* Premium members only.

The historical data trend for Mid-America Apartment Communities's EPS without NRI 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 EPS without NRI Chart

Mid-America Apartment Communities Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EPS without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.41 3.78 4.32 3.84 2.71

Mid-America Apartment Communities Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EPS without NRI 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 0.86 0.80 0.72 0.41 0.77

FRA:M2K vs SUI, INVH, ESS: EPS without NRI Comparison

For the REIT - Residential subindustry, Mid-America Apartment Communities's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI 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 PE Ratio without NRI vs REITs Industry

For the REITs industry and Real Estate sector, Mid-America Apartment Communities's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where Mid-America Apartment Communities's PE Ratio without NRI falls into.


FRA:M2K
77GF Score
Mid-America Apartment Communities Inc FRA:M2K
EPS without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
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Mid-America Apartment Communities EPS without NRI Calculation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.

Earnings Per Share without Non-Recurring Items is the amount of earnings without non-recurring items per outstanding share of the company's stock.

EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €2.70

* 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.

Frequently Asked Questions Learn more about EPS without NRI →
What does a EPS without NRI of €2.70 mean?
Mid-America Apartment Communities (FRA:M2K) has a EPS without NRI of €2.70 as of Mar. 2026. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Mid-America Apartment Communities and its competitors. According to the industry distribution chart, Mid-America Apartment Communities ranks #453 out of 677 companies in the REITs industry, placing it in the top 66.9%.
Is Mid-America Apartment Communities' EPS without NRI too high?
Mid-America Apartment Communities' current EPS without NRI is €2.70. Based on the distribution chart, Mid-America Apartment Communities ranks #453 out of 677 companies in the REITs industry, which is below the industry midpoint. Overall, Mid-America Apartment Communities has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mid-America Apartment Communities' EPS without NRI compare to SUI and INVH?
According to the REITs industry distribution chart, Mid-America Apartment Communities ranks #453 out of 677 companies for EPS without NRI. This places Mid-America Apartment Communities in the lower half of its industry. The industry median EPS without NRI is 0.70. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EPS without NRI for a REITs company?
The median EPS without NRI among REITs companies is 0.70, based on 677 companies in the industry. Companies in the top quartile (top 25%) have a EPS without NRI significantly above this median, while those in the bottom quartile fall well below. However, EPS without NRI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EPS without NRI mean?
A high EPS without NRI can signal that a stock is expensive relative to its fundamentals. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Mid-America Apartment Communities and its competitors. For the REITs industry, the median EPS without NRI is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mid-America Apartment Communities's current EPS without NRI is €2.70. 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?
Based on GuruFocus' analysis, Mid-America Apartment Communities (FRA:M2K) is currently considered Fairly Valued. The stock's GF Value™ is €125.86, compared to a current price of €118.40 — trading 5.9% below its estimated fair value. The current EPS without NRI is €2.70. 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 EPS without NRI calculated?
EPS without NRI is calculated from a company's financial statements. For Mid-America Apartment Communities (FRA:M2K), the current EPS without NRI is €2.70 as of Mar. 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 (FRA:M2K) Overvalued in 2026?

Based on GuruFocus' analysis, Mid-America Apartment Communities stock appears to be undervalued. The current stock price of €118.40 is trading 5.9% below its estimated GF Value™ of €125.86. GuruFocus considers Mid-America Apartment Communities to be Fairly Valued.

Key valuation signals for FRA:M2K:

  • EPS without NRI: €2.70
  • GF Value™: €125.86 vs. price of €118.40 (5.9% below fair value)
  • GF Score™: 77/100 with 6 warning signs

No single metric tells the full story. See the FRA:M2K 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 FRA:M2K

EPS without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€118.40
Price
€125.86
GF Value