Essex Property Trust vs Mid-America Apartment Communities
Mid-America Apartment Communities reported revenue of $2.2 billion in fiscal 2025, 1.2 times Essex Property Trust's $1.9 billion in fiscal 2025. Essex Property Trust's revenue grew 6.4% in its latest year, and Mid-America Apartment Communities' grew 0.8%.
Side by side
| Essex Property Trust | Mid-America Apartment Communities | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $1.9B | $2.2B |
| Revenue growth | 6.4% | 0.8% |
| Revenue growth a year, last 5 years | 4.8% | 5.7% |
| Gross margin | 69.9% | — |
| Operating margin | 47.6% | — |
| Net margin | 37.2% | 20.2% |
| Free cash flow | — | — |
| Free cash flow margin | — | — |
| Return on capital | — | 5.7% |
| Net debt to EBITDA | — | 4.2x |
| Dividends and buybacks | $654M | $736M |
| Change in diluted share count | 0.2% | 0.3% |
| Last close | $275.30 | $119.58 |
| P/E at the last close | 42.8× | 36.2× |
| Insider trades, last 12 months | sold $167,670 | bought $316,097, sold $1.2 million |
| Piotroski F-score | — | — |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Essex Property TrustMid-America Apartment Communities
Operating margin
Percent of revenue
Essex Property TrustMid-America Apartment Communities
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Essex Property TrustMid-America Apartment Communities
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Essex Property Trust and Mid-America Apartment Communities pages.