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Side-by-side financial comparison of Mid-America Apartment Communities (MAA) and Ralliant Corp (RAL). 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 $529.1M, roughly 1.0× Ralliant Corp). On growth, Mid-America Apartment Communities posted the faster year-over-year revenue change (438.7% vs -0.5%).
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.
MAA vs RAL — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $553.7M | $529.1M |
| Net Profit | — | $39.9M |
| Gross Margin | — | 50.8% |
| Operating Margin | — | 9.8% |
| Net Margin | — | 7.5% |
| Revenue YoY | 438.7% | -0.5% |
| Net Profit YoY | — | -56.1% |
| EPS (diluted) | $4.34 | $0.35 |
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 | — | ||
| Q3 25 | $554.4M | $529.1M | ||
| Q2 25 | $549.9M | $503.3M | ||
| Q1 25 | $549.3M | — | ||
| Q4 24 | $549.8M | — | ||
| Q3 24 | $551.1M | $531.7M | ||
| Q2 24 | $546.4M | $533.7M |
| Q1 26 | — | — | ||
| Q4 25 | $57.6M | — | ||
| Q3 25 | $99.5M | $39.9M | ||
| Q2 25 | $108.1M | $47.6M | ||
| Q1 25 | $181.7M | — | ||
| Q4 24 | $166.6M | — | ||
| Q3 24 | $115.2M | $90.9M | ||
| Q2 24 | $102.0M | $64.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 50.8% | ||
| Q2 25 | — | 49.3% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 52.6% | ||
| Q2 24 | — | 51.5% |
| Q1 26 | — | — | ||
| Q4 25 | 10.4% | — | ||
| Q3 25 | 18.7% | 9.8% | ||
| Q2 25 | 20.2% | 11.7% | ||
| Q1 25 | 34.0% | — | ||
| Q4 24 | 31.3% | — | ||
| Q3 24 | 21.5% | 20.9% | ||
| Q2 24 | 19.3% | 19.7% |
| Q1 26 | — | — | ||
| Q4 25 | 10.4% | — | ||
| Q3 25 | 18.0% | 7.5% | ||
| Q2 25 | 19.7% | 9.5% | ||
| Q1 25 | 33.1% | — | ||
| Q4 24 | 30.3% | — | ||
| Q3 24 | 20.9% | 17.1% | ||
| Q2 24 | 18.7% | 12.1% |
| Q1 26 | $4.34 | — | ||
| Q4 25 | $0.48 | — | ||
| Q3 25 | $0.84 | $0.35 | ||
| Q2 25 | $0.92 | $0.42 | ||
| Q1 25 | $1.54 | — | ||
| Q4 24 | $1.43 | — | ||
| Q3 24 | $0.98 | $0.81 | ||
| Q2 24 | $0.86 | $0.57 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $264.2M |
| Total DebtLower is stronger | — | $1.1B |
| Stockholders' EquityBook value | — | $3.0B |
| Total Assets | — | $5.3B |
| Debt / EquityLower = less leverage | — | 0.39× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $60.3M | — | ||
| Q3 25 | $32.2M | $264.2M | ||
| Q2 25 | $54.5M | $198.6M | ||
| Q1 25 | $55.8M | — | ||
| Q4 24 | $43.0M | — | ||
| Q3 24 | $50.2M | — | ||
| Q2 24 | $62.8M | — |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $1.1B | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | $5.7B | — | ||
| Q3 25 | $5.8B | $3.0B | ||
| Q2 25 | $5.9B | $3.0B | ||
| Q1 25 | $5.9B | — | ||
| Q4 24 | $5.9B | — | ||
| Q3 24 | $5.9B | $4.0B | ||
| Q2 24 | $6.0B | $4.0B |
| Q1 26 | — | — | ||
| Q4 25 | $12.0B | — | ||
| Q3 25 | $11.9B | $5.3B | ||
| Q2 25 | $11.8B | $5.2B | ||
| Q1 25 | $11.8B | — | ||
| Q4 24 | $11.8B | — | ||
| Q3 24 | $11.8B | — | ||
| Q2 24 | $11.6B | — |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 0.39× | ||
| Q2 25 | — | 0.38× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| 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 | — | $138.6M |
| Free Cash FlowOCF − Capex | — | $126.6M |
| FCF MarginFCF / Revenue | — | 23.9% |
| Capex IntensityCapex / Revenue | — | 2.3% |
| Cash ConversionOCF / Net Profit | — | 3.47× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $261.7M | — | ||
| Q3 25 | $266.4M | $138.6M | ||
| Q2 25 | $353.4M | — | ||
| Q1 25 | $196.6M | — | ||
| Q4 24 | $239.1M | — | ||
| Q3 24 | $309.5M | — | ||
| Q2 24 | $349.4M | — |
| Q1 26 | — | — | ||
| Q4 25 | $158.6M | — | ||
| Q3 25 | $170.8M | $126.6M | ||
| 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% | 23.9% | ||
| 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% | 2.3% | ||
| Q2 25 | 16.2% | — | ||
| Q1 25 | 13.2% | — | ||
| Q4 24 | 15.7% | — | ||
| Q3 24 | 17.1% | — | ||
| Q2 24 | 16.4% | — |
| Q1 26 | — | — | ||
| Q4 25 | 4.55× | — | ||
| Q3 25 | 2.68× | 3.47× | ||
| Q2 25 | 3.27× | — | ||
| Q1 25 | 1.08× | — | ||
| Q4 24 | 1.43× | — | ||
| Q3 24 | 2.69× | — | ||
| Q2 24 | 3.43× | — |
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% |
RAL
| Industrial Manufacturing | $111.1M | 21% |
| Defense And Space | $93.6M | 18% |
| Diversified Electronics | $91.0M | 17% |
| Test And Measurement | $76.8M | 15% |
| Communications | $60.7M | 11% |
| Semiconductors | $51.4M | 10% |
| Other Direct End Markets | $44.4M | 8% |
