ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Mid-America Apartment Communities's annualizedNet Income for the quarter that ended in Mar. 2026 was €430 Mil.
Mid-America Apartment Communities's average Total Assets over the quarter that ended in Mar. 2026 was €10,301 Mil. Therefore, Mid-America Apartment Communities's annualized ROA % for the quarter that ended in Mar. 2026 was 4.18%.
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.
* 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Mid-America Apartment Communities ROA % Related Terms
Mid-America Apartment Communities ROA % Historical Data
* 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.
For the REIT - Residential subindustry, Mid-America Apartment Communities's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs REITs Industry
* 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.
In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Mid-America Apartment Communities (FRA:M2K) has a ROA % of 4.18% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Mid-America Apartment Communities and its competitors. This is 21% above median its historical median of 3.45. Over the past decade, Mid-America Apartment Communities' ROA % has ranged from 1.95 to 5.66. According to the industry distribution chart, Mid-America Apartment Communities ranks #458 out of 938 companies in the REITs industry, placing it in the top 48.8%.
Is Mid-America Apartment Communities' ROA % too high?
Mid-America Apartment Communities' current ROA % of 4.18% is 21% above median its 10-year median of 3.45. Over the past 10 years, this metric has ranged from a low of 1.95 to a high of 5.66. The REITs industry median ROA % is 3.22. Mid-America Apartment Communities' value of 4.18% is 29.8% above this industry median. Based on the distribution chart, Mid-America Apartment Communities ranks #458 out of 938 companies in the REITs industry, which is above 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' ROA % compare to SUI and INVH?
According to the REITs industry distribution chart, Mid-America Apartment Communities ranks #458 out of 938 companies for ROA %. This puts Mid-America Apartment Communities in the upper half of its industry. The industry median ROA % is 3.22. Mid-America Apartment Communities' value of 4.18% is 29.8% above this benchmark. Historically, Mid-America Apartment Communities' own ROA % has ranged from 1.95 to 5.66 over the past decade. While the company's 10-year median is 3.45 vs. the industry median of 3.22, Mid-America Apartment Communities has consistently been above 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 ROA % for a REITs company?
The median ROA % among REITs companies is 3.22, based on 938 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mid-America Apartment Communities's current ROA % of 4.18% is 29.8% above 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Mid-America Apartment Communities and its competitors. For the REITs industry, the median ROA % is 3.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mid-America Apartment Communities's current ROA % is 4.18%, which is 21% above median its own 10-year median of 3.45. 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 €126.27, compared to a current price of €123.50 — trading 2.2% below its estimated fair value. The current ROA % is 4.18%, which is 21% above median its 10-year median of 3.45 and 29.8% above the REITs industry median of 3.22. 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 ROA % calculated?
ROA % is calculated from a company's financial statements. For Mid-America Apartment Communities (FRA:M2K), the current ROA % is 4.18% 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 2.2% below its estimated GF Value™ of €126.27.
GuruFocus considers Mid-America Apartment Communities to be Fairly Valued.
Key valuation signals for FRA:M2K:
ROA %: 4.18% (21% above median its 10-year median of 3.45)
GF Value™: €126.27 vs. price of €123.50 (2.2% below fair value)
Industry Position: 29.8% above the REITs median (#458 of 938)
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
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
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