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Side-by-side financial comparison of Everus Construction Group, Inc. (ECG) and Mid-America Apartment Communities (MAA). Click either name above to swap in a different company.
Everus Construction Group, Inc. is the larger business by last-quarter revenue ($1.0B vs $553.7M, roughly 1.8× Mid-America Apartment Communities). On growth, Mid-America Apartment Communities posted the faster year-over-year revenue change (438.7% vs 33.2%). Over the past eight quarters, Everus Construction Group, Inc.'s revenue compounded faster (27.1% CAGR vs 0.7%).
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.
ECG vs MAA — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.0B | $553.7M |
| Net Profit | $55.3M | — |
| Gross Margin | 11.6% | — |
| Operating Margin | 6.8% | — |
| Net Margin | 5.5% | — |
| Revenue YoY | 33.2% | 438.7% |
| Net Profit YoY | 60.4% | — |
| EPS (diluted) | $1.09 | $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.
| Q1 26 | — | $553.7M | ||
| Q4 25 | $1.0B | $555.6M | ||
| Q3 25 | $986.8M | $554.4M | ||
| Q2 25 | $921.5M | $549.9M | ||
| Q1 25 | $826.6M | $549.3M | ||
| Q4 24 | $759.6M | $549.8M | ||
| Q3 24 | $761.0M | $551.1M | ||
| Q2 24 | $703.4M | $546.4M |
| Q1 26 | — | — | ||
| Q4 25 | $55.3M | $57.6M | ||
| Q3 25 | $57.0M | $99.5M | ||
| Q2 25 | $52.8M | $108.1M | ||
| Q1 25 | $36.7M | $181.7M | ||
| Q4 24 | $34.5M | $166.6M | ||
| Q3 24 | $41.8M | $115.2M | ||
| Q2 24 | $39.0M | $102.0M |
| Q1 26 | — | — | ||
| Q4 25 | 11.6% | — | ||
| Q3 25 | 12.6% | — | ||
| Q2 25 | 13.0% | — | ||
| Q1 25 | 11.2% | — | ||
| Q4 24 | 11.4% | — | ||
| Q3 24 | 11.8% | — | ||
| Q2 24 | 12.6% | — |
| Q1 26 | — | — | ||
| Q4 25 | 6.8% | 10.4% | ||
| Q3 25 | 7.3% | 18.7% | ||
| Q2 25 | 7.9% | 20.2% | ||
| Q1 25 | 6.2% | 34.0% | ||
| Q4 24 | 6.1% | 31.3% | ||
| Q3 24 | 7.1% | 21.5% | ||
| Q2 24 | 7.3% | 19.3% |
| Q1 26 | — | — | ||
| Q4 25 | 5.5% | 10.4% | ||
| Q3 25 | 5.8% | 18.0% | ||
| Q2 25 | 5.7% | 19.7% | ||
| Q1 25 | 4.4% | 33.1% | ||
| Q4 24 | 4.5% | 30.3% | ||
| Q3 24 | 5.5% | 20.9% | ||
| Q2 24 | 5.5% | 18.7% |
| Q1 26 | — | $4.34 | ||
| Q4 25 | $1.09 | $0.48 | ||
| Q3 25 | $1.11 | $0.84 | ||
| Q2 25 | $1.03 | $0.92 | ||
| Q1 25 | $0.72 | $1.54 | ||
| Q4 24 | $0.68 | $1.43 | ||
| Q3 24 | $0.82 | $0.98 | ||
| Q2 24 | $0.76 | $0.86 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | — |
| Total DebtLower is stronger | $281.5M | — |
| Stockholders' EquityBook value | $629.8M | — |
| Total Assets | $1.7B | — |
| Debt / EquityLower = less leverage | 0.45× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $60.3M | ||
| Q3 25 | — | $32.2M | ||
| Q2 25 | — | $54.5M | ||
| Q1 25 | — | $55.8M | ||
| Q4 24 | — | $43.0M | ||
| Q3 24 | $553.0K | $50.2M | ||
| Q2 24 | — | $62.8M |
| Q1 26 | — | — | ||
| Q4 25 | $281.5M | — | ||
| Q3 25 | $285.1M | — | ||
| Q2 25 | $288.6M | — | ||
| Q1 25 | $292.1M | — | ||
| Q4 24 | $295.6M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | $629.8M | $5.7B | ||
| Q3 25 | $573.0M | $5.8B | ||
| Q2 25 | $514.4M | $5.9B | ||
| Q1 25 | $460.2M | $5.9B | ||
| Q4 24 | $422.6M | $5.9B | ||
| Q3 24 | $453.3M | $5.9B | ||
| Q2 24 | $490.0M | $6.0B |
| Q1 26 | — | — | ||
| Q4 25 | $1.7B | $12.0B | ||
| Q3 25 | $1.6B | $11.9B | ||
| Q2 25 | $1.5B | $11.8B | ||
| Q1 25 | $1.4B | $11.8B | ||
| Q4 24 | $1.3B | $11.8B | ||
| Q3 24 | $1.3B | $11.8B | ||
| Q2 24 | — | $11.6B |
| Q1 26 | — | — | ||
| Q4 25 | 0.45× | — | ||
| Q3 25 | 0.50× | — | ||
| Q2 25 | 0.56× | — | ||
| Q1 25 | 0.63× | — | ||
| Q4 24 | 0.70× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $48.2M | — |
| Free Cash FlowOCF − Capex | $23.5M | — |
| FCF MarginFCF / Revenue | 2.3% | — |
| Capex IntensityCapex / Revenue | 2.4% | — |
| Cash ConversionOCF / Net Profit | 0.87× | — |
| TTM Free Cash FlowTrailing 4 quarters | $90.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $48.2M | $261.7M | ||
| Q3 25 | $76.2M | $266.4M | ||
| Q2 25 | $25.3M | $353.4M | ||
| Q1 25 | $7.1M | $196.6M | ||
| Q4 24 | — | $239.1M | ||
| Q3 24 | $78.9M | $309.5M | ||
| Q2 24 | — | $349.4M |
| Q1 26 | — | — | ||
| Q4 25 | $23.5M | $158.6M | ||
| Q3 25 | $65.7M | $170.8M | ||
| Q2 25 | $12.3M | $264.5M | ||
| Q1 25 | $-11.4M | $124.0M | ||
| Q4 24 | — | $152.6M | ||
| Q3 24 | $60.9M | $215.5M | ||
| Q2 24 | — | $259.7M |
| Q1 26 | — | — | ||
| Q4 25 | 2.3% | 28.5% | ||
| Q3 25 | 6.7% | 30.8% | ||
| Q2 25 | 1.3% | 48.1% | ||
| Q1 25 | -1.4% | 22.6% | ||
| Q4 24 | — | 27.8% | ||
| Q3 24 | 8.0% | 39.1% | ||
| Q2 24 | — | 47.5% |
| Q1 26 | — | — | ||
| Q4 25 | 2.4% | 18.6% | ||
| Q3 25 | 1.1% | 17.2% | ||
| Q2 25 | 1.4% | 16.2% | ||
| Q1 25 | 2.2% | 13.2% | ||
| Q4 24 | — | 15.7% | ||
| Q3 24 | 2.4% | 17.1% | ||
| Q2 24 | — | 16.4% |
| Q1 26 | — | — | ||
| Q4 25 | 0.87× | 4.55× | ||
| Q3 25 | 1.34× | 2.68× | ||
| Q2 25 | 0.48× | 3.27× | ||
| Q1 25 | 0.19× | 1.08× | ||
| Q4 24 | — | 1.43× | ||
| Q3 24 | 1.89× | 2.69× | ||
| Q2 24 | — | 3.43× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ECG
| Commercial | $594.5M | 59% |
| Utility | $203.5M | 20% |
| Industrial | $82.8M | 8% |
| Institutional | $66.1M | 7% |
| Service And Other | $28.4M | 3% |
| Transportation | $24.2M | 2% |
| Renewables | $19.8M | 2% |
MAA
| Same Store Communities | $517.0M | 93% |
| Non-Same Store Communities | $22.1M | 4% |
| Lease-up/Development Communities | $7.7M | 1% |
| Commercial Property/Land | $7.0M | 1% |
