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Side-by-side financial comparison of Allegion (ALLE) and Mid-America Apartment Communities (MAA). Click either name above to swap in a different company.

Allegion is the larger business by last-quarter revenue ($1.0B vs $553.7M, roughly 1.9× Mid-America Apartment Communities). On growth, Mid-America Apartment Communities posted the faster year-over-year revenue change (438.7% vs 9.7%). Over the past eight quarters, Allegion's revenue compounded faster (3.5% CAGR vs 0.7%).

Allegion plc manufactures and sells mechanical and electronic security products and solutions worldwide. The company offers door closers, controls, and exit devices; locks, locksets, portable locks, and key systems and services; electronic security products and access control systems; time, attendance, and workforce productivity systems; doors and door systems; and other accessories. The company sells its products and solutions to end-users in commercial, institutional, and residential facili...

Mid-America Apartment Communities, Inc. (MAA) is a publicly traded real estate investment trust based in Memphis, Tennessee that invests in apartments in the Southeastern United States and the Southwestern United States.

ALLE vs MAA — Head-to-Head

Bigger by revenue
ALLE
ALLE
1.9× larger
ALLE
$1.0B
$553.7M
MAA
Growing faster (revenue YoY)
MAA
MAA
+429.0% gap
MAA
438.7%
9.7%
ALLE
Faster 2-yr revenue CAGR
ALLE
ALLE
Annualised
ALLE
3.5%
0.7%
MAA

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
ALLE
ALLE
MAA
MAA
Revenue
$1.0B
$553.7M
Net Profit
$138.1M
Gross Margin
44.0%
Operating Margin
18.9%
Net Margin
13.4%
Revenue YoY
9.7%
438.7%
Net Profit YoY
-6.8%
EPS (diluted)
$4.34

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ALLE
ALLE
MAA
MAA
Q1 26
$1.0B
$553.7M
Q4 25
$1.0B
$555.6M
Q3 25
$1.1B
$554.4M
Q2 25
$1.0B
$549.9M
Q1 25
$941.9M
$549.3M
Q4 24
$945.6M
$549.8M
Q3 24
$967.1M
$551.1M
Q2 24
$965.6M
$546.4M
Net Profit
ALLE
ALLE
MAA
MAA
Q1 26
$138.1M
Q4 25
$147.5M
$57.6M
Q3 25
$188.4M
$99.5M
Q2 25
$159.7M
$108.1M
Q1 25
$148.2M
$181.7M
Q4 24
$144.1M
$166.6M
Q3 24
$174.2M
$115.2M
Q2 24
$155.4M
$102.0M
Gross Margin
ALLE
ALLE
MAA
MAA
Q1 26
44.0%
Q4 25
44.5%
Q3 25
45.8%
Q2 25
45.6%
Q1 25
44.9%
Q4 24
44.1%
Q3 24
44.7%
Q2 24
44.4%
Operating Margin
ALLE
ALLE
MAA
MAA
Q1 26
18.9%
Q4 25
20.3%
10.4%
Q3 25
21.8%
18.7%
Q2 25
21.5%
20.2%
Q1 25
20.9%
34.0%
Q4 24
19.5%
31.3%
Q3 24
22.2%
21.5%
Q2 24
21.6%
19.3%
Net Margin
ALLE
ALLE
MAA
MAA
Q1 26
13.4%
Q4 25
14.3%
10.4%
Q3 25
17.6%
18.0%
Q2 25
15.6%
19.7%
Q1 25
15.7%
33.1%
Q4 24
15.2%
30.3%
Q3 24
18.0%
20.9%
Q2 24
16.1%
18.7%
EPS (diluted)
ALLE
ALLE
MAA
MAA
Q1 26
$4.34
Q4 25
$1.70
$0.48
Q3 25
$2.18
$0.84
Q2 25
$1.85
$0.92
Q1 25
$1.71
$1.54
Q4 24
$1.65
$1.43
Q3 24
$1.99
$0.98
Q2 24
$1.77
$0.86

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ALLE
ALLE
MAA
MAA
Cash + ST InvestmentsLiquidity on hand
$308.9M
Total DebtLower is stronger
$2.0B
Stockholders' EquityBook value
$2.1B
Total Assets
$5.3B
Debt / EquityLower = less leverage
0.97×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALLE
ALLE
MAA
MAA
Q1 26
$308.9M
Q4 25
$356.2M
$60.3M
Q3 25
$302.7M
$32.2M
Q2 25
$656.8M
$54.5M
Q1 25
$494.5M
$55.8M
Q4 24
$503.8M
$43.0M
Q3 24
$878.9M
$50.2M
Q2 24
$747.5M
$62.8M
Total Debt
ALLE
ALLE
MAA
MAA
Q1 26
$2.0B
Q4 25
$2.0B
Q3 25
$2.1B
Q2 25
$2.1B
Q1 25
$2.0B
Q4 24
$2.0B
Q3 24
$2.4B
Q2 24
$2.4B
Stockholders' Equity
ALLE
ALLE
MAA
MAA
Q1 26
$2.1B
Q4 25
$2.1B
$5.7B
Q3 25
$1.9B
$5.8B
Q2 25
$1.8B
$5.9B
Q1 25
$1.6B
$5.9B
Q4 24
$1.5B
$5.9B
Q3 24
$1.6B
$5.9B
Q2 24
$1.4B
$6.0B
Total Assets
ALLE
ALLE
MAA
MAA
Q1 26
$5.3B
Q4 25
$5.2B
$12.0B
Q3 25
$5.2B
$11.9B
Q2 25
$4.9B
$11.8B
Q1 25
$4.6B
$11.8B
Q4 24
$4.5B
$11.8B
Q3 24
$5.0B
$11.8B
Q2 24
$4.8B
$11.6B
Debt / Equity
ALLE
ALLE
MAA
MAA
Q1 26
0.97×
Q4 25
0.96×
Q3 25
1.07×
Q2 25
1.16×
Q1 25
1.24×
Q4 24
1.33×
Q3 24
1.53×
Q2 24
1.69×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ALLE
ALLE
MAA
MAA
Operating Cash FlowLast quarter
$101.3M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
2.0%
Cash ConversionOCF / Net Profit
0.73×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALLE
ALLE
MAA
MAA
Q1 26
$101.3M
Q4 25
$240.1M
$261.7M
Q3 25
$229.5M
$266.4M
Q2 25
$209.7M
$353.4M
Q1 25
$104.5M
$196.6M
Q4 24
$219.0M
$239.1M
Q3 24
$231.9M
$309.5M
Q2 24
$173.0M
$349.4M
Free Cash Flow
ALLE
ALLE
MAA
MAA
Q1 26
Q4 25
$200.5M
$158.6M
Q3 25
$209.8M
$170.8M
Q2 25
$192.0M
$264.5M
Q1 25
$83.4M
$124.0M
Q4 24
$194.9M
$152.6M
Q3 24
$212.0M
$215.5M
Q2 24
$152.1M
$259.7M
FCF Margin
ALLE
ALLE
MAA
MAA
Q1 26
Q4 25
19.4%
28.5%
Q3 25
19.6%
30.8%
Q2 25
18.8%
48.1%
Q1 25
8.9%
22.6%
Q4 24
20.6%
27.8%
Q3 24
21.9%
39.1%
Q2 24
15.8%
47.5%
Capex Intensity
ALLE
ALLE
MAA
MAA
Q1 26
2.0%
Q4 25
3.8%
18.6%
Q3 25
1.8%
17.2%
Q2 25
1.7%
16.2%
Q1 25
2.2%
13.2%
Q4 24
2.5%
15.7%
Q3 24
2.1%
17.1%
Q2 24
2.2%
16.4%
Cash Conversion
ALLE
ALLE
MAA
MAA
Q1 26
0.73×
Q4 25
1.63×
4.55×
Q3 25
1.22×
2.68×
Q2 25
1.31×
3.27×
Q1 25
0.71×
1.08×
Q4 24
1.52×
1.43×
Q3 24
1.33×
2.69×
Q2 24
1.11×
3.43×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ALLE
ALLE

Allegion Americas$809.9M78%
Allegion International$223.7M22%

MAA
MAA

Same Store Communities$517.0M93%
Non-Same Store Communities$22.1M4%
Lease-up/Development Communities$7.7M1%
Commercial Property/Land$7.0M1%

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