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Side-by-side financial comparison of FULTON FINANCIAL CORP (FULT) and Mid-America Apartment Communities (MAA). Click either name above to swap in a different company.
Mid-America Apartment Communities is the larger business by last-quarter revenue ($555.6M vs $336.2M, roughly 1.7× FULTON FINANCIAL CORP). FULTON FINANCIAL CORP runs the higher net margin — 28.2% vs 10.4%, a 17.8% gap on every dollar of revenue. On growth, FULTON FINANCIAL CORP posted the faster year-over-year revenue change (4.2% vs 1.0%). Over the past eight quarters, Mid-America Apartment Communities's revenue compounded faster (1.1% CAGR vs 0.2%).
Fulton Financial Corporation is an American regional financial services holding company, headquartered in Lancaster, Pennsylvania.
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.
FULT vs MAA — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $336.2M | $555.6M |
| Net Profit | $94.8M | $57.6M |
| Gross Margin | — | — |
| Operating Margin | — | 10.4% |
| Net Margin | 28.2% | 10.4% |
| Revenue YoY | 4.2% | 1.0% |
| Net Profit YoY | -4.3% | -65.5% |
| EPS (diluted) | $0.55 | $0.48 |
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 | $336.2M | — | ||
| Q4 25 | $336.0M | $555.6M | ||
| Q3 25 | $334.6M | $554.4M | ||
| Q2 25 | $324.1M | $549.9M | ||
| Q1 25 | $318.4M | $549.3M | ||
| Q4 24 | $319.6M | $549.8M | ||
| Q3 24 | $317.7M | $551.1M | ||
| Q2 24 | $334.7M | $546.4M |
| Q1 26 | $94.8M | — | ||
| Q4 25 | $99.0M | $57.6M | ||
| Q3 25 | $100.5M | $99.5M | ||
| Q2 25 | $99.2M | $108.1M | ||
| Q1 25 | $93.0M | $181.7M | ||
| Q4 24 | $68.6M | $166.6M | ||
| Q3 24 | $63.2M | $115.2M | ||
| Q2 24 | $95.0M | $102.0M |
| Q1 26 | — | — | ||
| Q4 25 | 35.7% | 10.4% | ||
| Q3 25 | 38.2% | 18.7% | ||
| Q2 25 | 37.8% | 20.2% | ||
| Q1 25 | 36.1% | 34.0% | ||
| Q4 24 | 27.0% | 31.3% | ||
| Q3 24 | 25.1% | 21.5% | ||
| Q2 24 | 30.8% | 19.3% |
| Q1 26 | 28.2% | — | ||
| Q4 25 | 29.5% | 10.4% | ||
| Q3 25 | 30.0% | 18.0% | ||
| Q2 25 | 30.6% | 19.7% | ||
| Q1 25 | 29.2% | 33.1% | ||
| Q4 24 | 21.5% | 30.3% | ||
| Q3 24 | 19.9% | 20.9% | ||
| Q2 24 | 28.4% | 18.7% |
| Q1 26 | $0.55 | — | ||
| Q4 25 | $0.53 | $0.48 | ||
| Q3 25 | $0.53 | $0.84 | ||
| Q2 25 | $0.53 | $0.92 | ||
| Q1 25 | $0.49 | $1.54 | ||
| Q4 24 | $0.36 | $1.43 | ||
| Q3 24 | $0.33 | $0.98 | ||
| Q2 24 | $0.52 | $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 | — | $60.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $3.5B | $5.7B |
| Total Assets | $32.2B | $12.0B |
| Debt / EquityLower = less leverage | — | — |
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 | — | $50.2M | ||
| Q2 24 | — | $62.8M |
| Q1 26 | $3.5B | — | ||
| Q4 25 | $3.5B | $5.7B | ||
| Q3 25 | $3.4B | $5.8B | ||
| Q2 25 | $3.3B | $5.9B | ||
| Q1 25 | $3.3B | $5.9B | ||
| Q4 24 | $3.2B | $5.9B | ||
| Q3 24 | $3.2B | $5.9B | ||
| Q2 24 | $3.1B | $6.0B |
| Q1 26 | $32.2B | — | ||
| Q4 25 | $32.1B | $12.0B | ||
| Q3 25 | $32.0B | $11.9B | ||
| Q2 25 | $32.0B | $11.8B | ||
| Q1 25 | $32.1B | $11.8B | ||
| Q4 24 | $32.1B | $11.8B | ||
| Q3 24 | $32.2B | $11.8B | ||
| Q2 24 | $31.8B | $11.6B |
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 | — | $261.7M |
| Free Cash FlowOCF − Capex | — | $158.6M |
| FCF MarginFCF / Revenue | — | 28.5% |
| Capex IntensityCapex / Revenue | — | 18.6% |
| Cash ConversionOCF / Net Profit | — | 4.55× |
| TTM Free Cash FlowTrailing 4 quarters | — | $717.9M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $304.5M | $261.7M | ||
| Q3 25 | $116.1M | $266.4M | ||
| Q2 25 | $91.7M | $353.4M | ||
| Q1 25 | $703.0K | $196.6M | ||
| Q4 24 | $416.6M | $239.1M | ||
| Q3 24 | $-22.0M | $309.5M | ||
| Q2 24 | $157.8M | $349.4M |
| Q1 26 | — | — | ||
| Q4 25 | — | $158.6M | ||
| Q3 25 | — | $170.8M | ||
| Q2 25 | — | $264.5M | ||
| Q1 25 | — | $124.0M | ||
| Q4 24 | — | $152.6M | ||
| Q3 24 | — | $215.5M | ||
| Q2 24 | — | $259.7M |
| Q1 26 | — | — | ||
| Q4 25 | — | 28.5% | ||
| Q3 25 | — | 30.8% | ||
| Q2 25 | — | 48.1% | ||
| Q1 25 | — | 22.6% | ||
| Q4 24 | — | 27.8% | ||
| Q3 24 | — | 39.1% | ||
| Q2 24 | — | 47.5% |
| Q1 26 | — | — | ||
| Q4 25 | — | 18.6% | ||
| Q3 25 | — | 17.2% | ||
| Q2 25 | — | 16.2% | ||
| Q1 25 | — | 13.2% | ||
| Q4 24 | — | 15.7% | ||
| Q3 24 | — | 17.1% | ||
| Q2 24 | — | 16.4% |
| Q1 26 | — | — | ||
| Q4 25 | 3.08× | 4.55× | ||
| Q3 25 | 1.16× | 2.68× | ||
| Q2 25 | 0.92× | 3.27× | ||
| Q1 25 | 0.01× | 1.08× | ||
| Q4 24 | 6.07× | 1.43× | ||
| Q3 24 | -0.35× | 2.69× | ||
| Q2 24 | 1.66× | 3.43× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FULT
Segment breakdown not available.
MAA
| Same Store | $515.5M | 93% |
| Non Same Store And Other | $36.8M | 7% |
