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Side-by-side financial comparison of Mid-America Apartment Communities (MAA) and RH (RH). Click either name above to swap in a different company.

RH is the larger business by last-quarter revenue ($883.8M vs $553.7M, roughly 1.6× Mid-America Apartment Communities). On growth, Mid-America Apartment Communities posted the faster year-over-year revenue change (438.7% vs 8.9%). Over the past eight quarters, RH's revenue compounded faster (9.4% 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.

RH is an upscale American home-furnishings company headquartered in Corte Madera, California. The company sells its merchandise through its retail stores, catalog, and online. As of August 2018, the company operated a total of 70 galleries, 18 full-line design galleries, and 3 baby-and-child galleries. The company also has 36 outlet stores in the United States and Canada.

MAA vs RH — Head-to-Head

Bigger by revenue
RH
RH
1.6× larger
RH
$883.8M
$553.7M
MAA
Growing faster (revenue YoY)
MAA
MAA
+429.8% gap
MAA
438.7%
8.9%
RH
Faster 2-yr revenue CAGR
RH
RH
Annualised
RH
9.4%
0.7%
MAA

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
MAA
MAA
RH
RH
Revenue
$553.7M
$883.8M
Net Profit
$36.3M
Gross Margin
44.1%
Operating Margin
12.0%
Net Margin
4.1%
Revenue YoY
438.7%
8.9%
Net Profit YoY
9.3%
EPS (diluted)
$4.34
$1.83

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
MAA
MAA
RH
RH
Q1 26
$553.7M
Q4 25
$555.6M
$883.8M
Q3 25
$554.4M
$899.2M
Q2 25
$549.9M
$814.0M
Q1 25
$549.3M
$812.4M
Q4 24
$549.8M
$811.7M
Q3 24
$551.1M
$829.7M
Q2 24
$546.4M
$727.0M
Net Profit
MAA
MAA
RH
RH
Q1 26
Q4 25
$57.6M
$36.3M
Q3 25
$99.5M
$51.7M
Q2 25
$108.1M
$8.0M
Q1 25
$181.7M
$13.9M
Q4 24
$166.6M
$33.2M
Q3 24
$115.2M
$29.0M
Q2 24
$102.0M
$-3.6M
Gross Margin
MAA
MAA
RH
RH
Q1 26
Q4 25
44.1%
Q3 25
45.5%
Q2 25
43.7%
Q1 25
44.7%
Q4 24
44.5%
Q3 24
45.2%
Q2 24
43.5%
Operating Margin
MAA
MAA
RH
RH
Q1 26
Q4 25
10.4%
12.0%
Q3 25
18.7%
14.3%
Q2 25
20.2%
6.9%
Q1 25
34.0%
8.7%
Q4 24
31.3%
12.5%
Q3 24
21.5%
11.6%
Q2 24
19.3%
7.5%
Net Margin
MAA
MAA
RH
RH
Q1 26
Q4 25
10.4%
4.1%
Q3 25
18.0%
5.8%
Q2 25
19.7%
1.0%
Q1 25
33.1%
1.7%
Q4 24
30.3%
4.1%
Q3 24
20.9%
3.5%
Q2 24
18.7%
-0.5%
EPS (diluted)
MAA
MAA
RH
RH
Q1 26
$4.34
Q4 25
$0.48
$1.83
Q3 25
$0.84
$2.62
Q2 25
$0.92
$0.40
Q1 25
$1.54
$0.71
Q4 24
$1.43
$1.66
Q3 24
$0.98
$1.45
Q2 24
$0.86
$-0.20

Balance Sheet & Financial Strength

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

Metric
MAA
MAA
RH
RH
Cash + ST InvestmentsLiquidity on hand
$43.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.3M
Total Assets
$4.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MAA
MAA
RH
RH
Q1 26
Q4 25
$60.3M
$43.1M
Q3 25
$32.2M
$34.6M
Q2 25
$54.5M
$46.1M
Q1 25
$55.8M
$30.4M
Q4 24
$43.0M
$87.0M
Q3 24
$50.2M
$78.3M
Q2 24
$62.8M
$101.8M
Stockholders' Equity
MAA
MAA
RH
RH
Q1 26
Q4 25
$5.7B
$3.3M
Q3 25
$5.8B
$-40.9M
Q2 25
$5.9B
$-110.8M
Q1 25
$5.9B
$-163.6M
Q4 24
$5.9B
$-183.0M
Q3 24
$5.9B
$-234.7M
Q2 24
$6.0B
$-289.9M
Total Assets
MAA
MAA
RH
RH
Q1 26
Q4 25
$12.0B
$4.8B
Q3 25
$11.9B
$4.7B
Q2 25
$11.8B
$4.7B
Q1 25
$11.8B
$4.6B
Q4 24
$11.8B
$4.5B
Q3 24
$11.8B
$4.4B
Q2 24
$11.6B
$4.2B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MAA
MAA
RH
RH
Operating Cash FlowLast quarter
$131.9M
Free Cash FlowOCF − Capex
$83.0M
FCF MarginFCF / Revenue
9.4%
Capex IntensityCapex / Revenue
5.5%
Cash ConversionOCF / Net Profit
3.64×
TTM Free Cash FlowTrailing 4 quarters
$128.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MAA
MAA
RH
RH
Q1 26
Q4 25
$261.7M
$131.9M
Q3 25
$266.4M
$137.7M
Q2 25
$353.4M
$86.6M
Q1 25
$196.6M
$-18.8M
Q4 24
$239.1M
$-31.4M
Q3 24
$309.5M
$11.2M
Q2 24
$349.4M
$56.1M
Free Cash Flow
MAA
MAA
RH
RH
Q1 26
Q4 25
$158.6M
$83.0M
Q3 25
$170.8M
$80.7M
Q2 25
$264.5M
$34.1M
Q1 25
$124.0M
$-69.7M
Q4 24
$152.6M
$-96.0M
Q3 24
$215.5M
$-37.9M
Q2 24
$259.7M
$-10.1M
FCF Margin
MAA
MAA
RH
RH
Q1 26
Q4 25
28.5%
9.4%
Q3 25
30.8%
9.0%
Q2 25
48.1%
4.2%
Q1 25
22.6%
-8.6%
Q4 24
27.8%
-11.8%
Q3 24
39.1%
-4.6%
Q2 24
47.5%
-1.4%
Capex Intensity
MAA
MAA
RH
RH
Q1 26
Q4 25
18.6%
5.5%
Q3 25
17.2%
6.3%
Q2 25
16.2%
6.5%
Q1 25
13.2%
6.3%
Q4 24
15.7%
8.0%
Q3 24
17.1%
5.9%
Q2 24
16.4%
9.1%
Cash Conversion
MAA
MAA
RH
RH
Q1 26
Q4 25
4.55×
3.64×
Q3 25
2.68×
2.66×
Q2 25
3.27×
10.78×
Q1 25
1.08×
-1.35×
Q4 24
1.43×
-0.95×
Q3 24
2.69×
0.39×
Q2 24
3.43×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MAA
MAA

Same Store Communities$517.0M93%
Non-Same Store Communities$22.1M4%
Lease-up/Development Communities$7.7M1%
Commercial Property/Land$7.0M1%

RH
RH

RH Segment$835.8M95%
Waterworks Segment$48.0M5%
Gift Card And Merchandise Credit$4.5M1%

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