Mid-America Apartment Communities (FRA:M2K) FCF Margin %: 16.48% (As of Mar. 2026) — 51% Below Median


FRA:M2K Mid-America Apartment Communities Inc FRA:M2K
75 GF Score
Price €123.50
GF Value €126.05
Valuation Fairly Valued
! 6 Warning Signs
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What is Mid-America Apartment Communities FCF Margin %?

Mid-America Apartment Communities FRA:M2K +1.73% 75 FCF Margin % is 16.48% as of Mar. 2026, which is 51% below its 10-year median of 33.96. GuruFocus rates FRA:M2K with a GF Score™ of 75/100 and a GF Value™ of €126.05 (Fairly Valued). The stock has 6 warning signs investors should review. Among 936 REITs companies, Mid-America Apartment Communities ranks worse than 57.8% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Mid-America Apartment Communities's Free Cash Flow for the three months ended in Mar. 2026 was €79 Mil. Mid-America Apartment Communities's Revenue for the three months ended in Mar. 2026 was €479 Mil. Therefore, Mid-America Apartment Communities's FCF Margin % for the quarter that ended in Mar. 2026 was 16.48%.

As of today, Mid-America Apartment Communities's current FCF Yield % is 4.18%.

The historical rank and industry rank for Mid-America Apartment Communities's FCF Margin % or its related term are showing as below:

FRA:M2K' s FCF Margin % Range Over the Past 10 Years
Min: 20.73   Med: 33.96   Max: 37.74
Current: 30.97


During the past 13 years, the highest FCF Margin % of Mid-America Apartment Communities was 37.74%. The lowest was 20.73%. And the median was 33.96%.

FRA:M2K's FCF Margin % is ranked worse than
57.8% of 936 companies
in the REITs industry
Industry Median: 40.025 vs FRA:M2K: 30.97


Mid-America Apartment Communities FCF Margin % Related Terms


Mid-America Apartment Communities FCF Margin % Historical Data

* Premium members only.

The historical data trend for Mid-America Apartment Communities's FCF Margin % 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 FCF Margin % Chart

Mid-America Apartment Communities Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.58 37.74 37.05 35.41 32.50

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
FCF Margin % 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 22.57 48.11 30.81 28.55 16.48

FRA:M2K vs SUI, INVH, ESS: FCF Margin % Comparison

For the REIT - Residential subindustry, Mid-America Apartment Communities's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Mid-America Apartment Communities's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Mid-America Apartment Communities's FCF Margin % falls into.


FRA:M2K
75GF Score
Mid-America Apartment Communities Inc FRA:M2K
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mid-America Apartment Communities FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Mid-America Apartment Communities's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=613.118/1886.594
=32.50 %

Mid-America Apartment Communities's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=78.953/478.972
=16.48 %

* 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 FCF Margin % →
What does a FCF Margin % of 16.48% mean?
Mid-America Apartment Communities (FRA:M2K) has a FCF Margin % of 16.48% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Mid-America Apartment Communities and its competitors. This is 51% below median its historical median of 33.96. Over the past decade, Mid-America Apartment Communities' FCF Margin % has ranged from 20.73 to 37.74. According to the industry distribution chart, Mid-America Apartment Communities ranks #541 out of 936 companies in the REITs industry, placing it in the top 57.8%.
Is Mid-America Apartment Communities' FCF Margin % too high?
Mid-America Apartment Communities' current FCF Margin % of 16.48% is 51% below median its 10-year median of 33.96. Over the past 10 years, this metric has ranged from a low of 20.73 to a high of 37.74. The REITs industry median FCF Margin % is 40.03. Mid-America Apartment Communities' value of 16.48% is 58.8% below this industry median. Based on the distribution chart, Mid-America Apartment Communities ranks #541 out of 936 companies in the REITs industry, which is below the industry midpoint. Overall, Mid-America Apartment Communities has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mid-America Apartment Communities' FCF Margin % compare to SUI and INVH?
According to the REITs industry distribution chart, Mid-America Apartment Communities ranks #541 out of 936 companies for FCF Margin %. This places Mid-America Apartment Communities in the lower half of its industry. The industry median FCF Margin % is 40.03. Mid-America Apartment Communities' value of 16.48% is 58.8% below this benchmark. Historically, Mid-America Apartment Communities' own FCF Margin % has ranged from 20.73 to 37.74 over the past decade. While the company's 10-year median is 33.96 vs. the industry median of 40.03, 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 FCF Margin % for a REITs company?
The median FCF Margin % among REITs companies is 40.03, based on 936 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mid-America Apartment Communities's current FCF Margin % of 16.48% is 58.8% 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Mid-America Apartment Communities and its competitors. For the REITs industry, the median FCF Margin % is 40.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mid-America Apartment Communities's current FCF Margin % is 16.48%, which is 51% below median its own 10-year median of 33.96. 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 €126.05, compared to a current price of €123.50 — trading 2% below its estimated fair value. The current FCF Margin % is 16.48%, which is 51% below median its 10-year median of 33.96 and 58.8% below the REITs industry median of 40.03. Mid-America Apartment Communities' overall GF Score™ is 75/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Mid-America Apartment Communities (FRA:M2K), the current FCF Margin % is 16.48% 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 €123.50 is trading 2% below its estimated GF Value™ of €126.05. GuruFocus considers Mid-America Apartment Communities to be Fairly Valued.

Key valuation signals for FRA:M2K:

  • FCF Margin %: 16.48% (51% below median its 10-year median of 33.96)
  • GF Value™: €126.05 vs. price of €123.50 (2% below fair value)
  • GF Score™: 75/100 with 6 warning signs
  • Industry Position: 58.8% below the REITs median (#541 of 936)

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.
75GF Score

Get the complete analysis for FRA:M2K

FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€123.50
Price
€126.05
GF Value