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Side-by-side financial comparison of Healthcare Realty Trust Inc (HR) 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 ($553.7M vs $279.0M, roughly 2.0× Healthcare Realty Trust Inc). On growth, Mid-America Apartment Communities posted the faster year-over-year revenue change (438.7% vs 5.9%). Over the past eight quarters, Mid-America Apartment Communities's revenue compounded faster (0.7% CAGR vs -6.1%).

Duke Realty was a real estate investment trust (REIT) based in Indianapolis, Indiana, that invested in industrial properties. As of December 31, 2021, it owned or jointly controlled 548 primarily industrial properties containing 162.7 million rentable square feet. In October 2022, it was acquired by Prologis.

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.

HR vs MAA — Head-to-Head

Bigger by revenue
MAA
MAA
2.0× larger
MAA
$553.7M
$279.0M
HR
Growing faster (revenue YoY)
MAA
MAA
+432.8% gap
MAA
438.7%
5.9%
HR
Faster 2-yr revenue CAGR
MAA
MAA
Annualised
MAA
0.7%
-6.1%
HR

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
HR
HR
MAA
MAA
Revenue
$279.0M
$553.7M
Net Profit
$-56.0K
Gross Margin
Operating Margin
Net Margin
-0.0%
Revenue YoY
5.9%
438.7%
Net Profit YoY
EPS (diluted)
$0.00
$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
HR
HR
MAA
MAA
Q1 26
$279.0M
$553.7M
Q4 25
$286.3M
$555.6M
Q3 25
$297.8M
$554.4M
Q2 25
$297.5M
$549.9M
Q1 25
$299.0M
$549.3M
Q4 24
$309.8M
$549.8M
Q3 24
$315.4M
$551.1M
Q2 24
$316.3M
$546.4M
Net Profit
HR
HR
MAA
MAA
Q1 26
$-56.0K
Q4 25
$14.6M
$57.6M
Q3 25
$-57.7M
$99.5M
Q2 25
$-157.9M
$108.1M
Q1 25
$-44.9M
$181.7M
Q4 24
$-108.2M
$166.6M
Q3 24
$-93.0M
$115.2M
Q2 24
$-143.8M
$102.0M
Operating Margin
HR
HR
MAA
MAA
Q1 26
Q4 25
10.4%
Q3 25
18.7%
Q2 25
20.2%
Q1 25
34.0%
Q4 24
31.3%
Q3 24
21.5%
Q2 24
19.3%
Net Margin
HR
HR
MAA
MAA
Q1 26
-0.0%
Q4 25
183.4%
10.4%
Q3 25
-19.4%
18.0%
Q2 25
-53.1%
19.7%
Q1 25
-15.0%
33.1%
Q4 24
-1924.1%
30.3%
Q3 24
-29.5%
20.9%
Q2 24
-45.5%
18.7%
EPS (diluted)
HR
HR
MAA
MAA
Q1 26
$0.00
$4.34
Q4 25
$0.04
$0.48
Q3 25
$-0.17
$0.84
Q2 25
$-0.45
$0.92
Q1 25
$-0.13
$1.54
Q4 24
$-0.34
$1.43
Q3 24
$-0.26
$0.98
Q2 24
$-0.39
$0.86

Balance Sheet & Financial Strength

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

Metric
HR
HR
MAA
MAA
Cash + ST InvestmentsLiquidity on hand
$26.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$4.4B
Total Assets
$9.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HR
HR
MAA
MAA
Q1 26
$26.2M
Q4 25
$26.2M
$60.3M
Q3 25
$43.3M
$32.2M
Q2 25
$25.5M
$54.5M
Q1 25
$25.7M
$55.8M
Q4 24
$68.9M
$43.0M
Q3 24
$22.8M
$50.2M
Q2 24
$41.8M
$62.8M
Total Debt
HR
HR
MAA
MAA
Q1 26
Q4 25
$3.9B
Q3 25
$4.5B
Q2 25
$4.7B
Q1 25
$4.7B
Q4 24
$4.7B
Q3 24
$5.0B
Q2 24
$5.1B
Stockholders' Equity
HR
HR
MAA
MAA
Q1 26
$4.4B
Q4 25
$4.6B
$5.7B
Q3 25
$4.7B
$5.8B
Q2 25
$4.8B
$5.9B
Q1 25
$5.1B
$5.9B
Q4 24
$5.2B
$5.9B
Q3 24
$5.5B
$5.9B
Q2 24
$5.9B
$6.0B
Total Assets
HR
HR
MAA
MAA
Q1 26
$9.1B
Q4 25
$9.2B
$12.0B
Q3 25
$9.9B
$11.9B
Q2 25
$10.2B
$11.8B
Q1 25
$10.5B
$11.8B
Q4 24
$10.7B
$11.8B
Q3 24
$11.2B
$11.8B
Q2 24
$11.8B
$11.6B
Debt / Equity
HR
HR
MAA
MAA
Q1 26
Q4 25
0.85×
Q3 25
0.96×
Q2 25
0.97×
Q1 25
0.93×
Q4 24
0.89×
Q3 24
0.90×
Q2 24
0.87×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HR
HR

Rental income$267.6M96%
Other$11.4M4%

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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