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Side-by-side financial comparison of Mid-America Apartment Communities (MAA) and PRA GROUP INC (PRAA). 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 $333.4M, roughly 1.7× PRA GROUP INC). On growth, Mid-America Apartment Communities posted the faster year-over-year revenue change (438.7% vs 13.7%). Over the past eight quarters, PRA GROUP INC's revenue compounded faster (14.2% 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.
PRA Group, Inc. is a publicly traded debt buyer and debt collection company based in Norfolk, Virginia. The company buys delinquent consumer debt from credit card issuers and other financial institutions at a discount and pursues collection of the full debt owed. Founded in 1996, PRA Group employs more than 3200 people in 18 countries.
MAA vs PRAA — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $553.7M | $333.4M |
| Net Profit | — | $56.5M |
| Gross Margin | — | — |
| Operating Margin | — | 37.7% |
| Net Margin | — | 17.0% |
| Revenue YoY | 438.7% | 13.7% |
| Net Profit YoY | — | 206.3% |
| EPS (diluted) | $4.34 | $1.47 |
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 | $555.6M | $333.4M | ||
| Q3 25 | $554.4M | $311.1M | ||
| Q2 25 | $549.9M | $287.7M | ||
| Q1 25 | $549.3M | $269.6M | ||
| Q4 24 | $549.8M | $293.2M | ||
| Q3 24 | $551.1M | $281.5M | ||
| Q2 24 | $546.4M | $284.2M |
| Q1 26 | — | — | ||
| Q4 25 | $57.6M | $56.5M | ||
| Q3 25 | $99.5M | $-407.7M | ||
| Q2 25 | $108.1M | $42.4M | ||
| Q1 25 | $181.7M | $3.7M | ||
| Q4 24 | $166.6M | $18.5M | ||
| Q3 24 | $115.2M | $27.2M | ||
| Q2 24 | $102.0M | $21.5M |
| Q1 26 | — | — | ||
| Q4 25 | 10.4% | 37.7% | ||
| Q3 25 | 18.7% | -101.4% | ||
| Q2 25 | 20.2% | 29.6% | ||
| Q1 25 | 34.0% | 27.7% | ||
| Q4 24 | 31.3% | 32.1% | ||
| Q3 24 | 21.5% | 32.0% | ||
| Q2 24 | 19.3% | 31.4% |
| Q1 26 | — | — | ||
| Q4 25 | 10.4% | 17.0% | ||
| Q3 25 | 18.0% | -131.0% | ||
| Q2 25 | 19.7% | 14.7% | ||
| Q1 25 | 33.1% | 1.4% | ||
| Q4 24 | 30.3% | 6.3% | ||
| Q3 24 | 20.9% | 9.6% | ||
| Q2 24 | 18.7% | 7.6% |
| Q1 26 | $4.34 | — | ||
| Q4 25 | $0.48 | $1.47 | ||
| Q3 25 | $0.84 | $-10.43 | ||
| Q2 25 | $0.92 | $1.08 | ||
| Q1 25 | $1.54 | $0.09 | ||
| Q4 24 | $1.43 | $0.47 | ||
| Q3 24 | $0.98 | $0.69 | ||
| Q2 24 | $0.86 | $0.54 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $104.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | — | $979.9M |
| Total Assets | — | $5.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $60.3M | $104.4M | ||
| Q3 25 | $32.2M | $107.5M | ||
| Q2 25 | $54.5M | $131.6M | ||
| Q1 25 | $55.8M | $128.7M | ||
| Q4 24 | $43.0M | $105.9M | ||
| Q3 24 | $50.2M | $141.1M | ||
| Q2 24 | $62.8M | $118.9M |
| Q1 26 | — | — | ||
| Q4 25 | $5.7B | $979.9M | ||
| Q3 25 | $5.8B | $928.5M | ||
| Q2 25 | $5.9B | $1.3B | ||
| Q1 25 | $5.9B | $1.2B | ||
| Q4 24 | $5.9B | $1.1B | ||
| Q3 24 | $5.9B | $1.2B | ||
| Q2 24 | $6.0B | $1.1B |
| Q1 26 | — | — | ||
| Q4 25 | $12.0B | $5.1B | ||
| Q3 25 | $11.9B | $5.0B | ||
| Q2 25 | $11.8B | $5.4B | ||
| Q1 25 | $11.8B | $5.1B | ||
| Q4 24 | $11.8B | $4.9B | ||
| Q3 24 | $11.8B | $4.9B | ||
| Q2 24 | $11.6B | $4.7B |
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 | — | $-85.5M |
| Free Cash FlowOCF − Capex | — | $-90.4M |
| FCF MarginFCF / Revenue | — | -27.1% |
| Capex IntensityCapex / Revenue | — | 1.4% |
| Cash ConversionOCF / Net Profit | — | -1.51× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-169.4M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $261.7M | $-85.5M | ||
| Q3 25 | $266.4M | $-10.1M | ||
| Q2 25 | $353.4M | $-12.9M | ||
| Q1 25 | $196.6M | $-52.6M | ||
| Q4 24 | $239.1M | $-94.6M | ||
| Q3 24 | $309.5M | $-35.0M | ||
| Q2 24 | $349.4M | $-29.5M |
| Q1 26 | — | — | ||
| Q4 25 | $158.6M | $-90.4M | ||
| Q3 25 | $170.8M | $-11.3M | ||
| Q2 25 | $264.5M | $-14.2M | ||
| Q1 25 | $124.0M | $-53.5M | ||
| Q4 24 | $152.6M | $-98.6M | ||
| Q3 24 | $215.5M | $-36.1M | ||
| Q2 24 | $259.7M | $-30.8M |
| Q1 26 | — | — | ||
| Q4 25 | 28.5% | -27.1% | ||
| Q3 25 | 30.8% | -3.6% | ||
| Q2 25 | 48.1% | -4.9% | ||
| Q1 25 | 22.6% | -19.8% | ||
| Q4 24 | 27.8% | -33.6% | ||
| Q3 24 | 39.1% | -12.8% | ||
| Q2 24 | 47.5% | -10.8% |
| Q1 26 | — | — | ||
| Q4 25 | 18.6% | 1.4% | ||
| Q3 25 | 17.2% | 0.4% | ||
| Q2 25 | 16.2% | 0.4% | ||
| Q1 25 | 13.2% | 0.3% | ||
| Q4 24 | 15.7% | 1.4% | ||
| Q3 24 | 17.1% | 0.4% | ||
| Q2 24 | 16.4% | 0.5% |
| Q1 26 | — | — | ||
| Q4 25 | 4.55× | -1.51× | ||
| Q3 25 | 2.68× | — | ||
| Q2 25 | 3.27× | -0.30× | ||
| Q1 25 | 1.08× | -14.37× | ||
| Q4 24 | 1.43× | -5.13× | ||
| Q3 24 | 2.69× | -1.29× | ||
| Q2 24 | 3.43× | -1.37× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
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% |
PRAA
| GB | $170.1M | 51% |
| Other | $163.3M | 49% |
