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Side-by-side financial comparison of Mid-America Apartment Communities (MAA) and Sotera Health Co (SHC). 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 $303.4M, roughly 1.8× Sotera Health Co). Sotera Health Co runs the higher net margin — 11.5% vs 10.4%, a 1.1% gap on every dollar of revenue. On growth, Sotera Health Co posted the faster year-over-year revenue change (4.6% vs 1.0%). Mid-America Apartment Communities produced more free cash flow last quarter ($158.6M vs $52.4M). Over the past eight quarters, Sotera Health Co's revenue compounded faster (10.6% CAGR vs 1.1%).

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.

Sotera Health Co is a global provider of end-to-end medical safety solutions. It offers sterilization services, analytical laboratory testing, and regulatory advisory support for medical device manufacturers, pharmaceutical firms, and food and consumer product companies, helping clients meet industry standards and ensure product safety for end users worldwide.

MAA vs SHC — Head-to-Head

Bigger by revenue
MAA
MAA
1.8× larger
MAA
$555.6M
$303.4M
SHC
Growing faster (revenue YoY)
SHC
SHC
+3.5% gap
SHC
4.6%
1.0%
MAA
Higher net margin
SHC
SHC
1.1% more per $
SHC
11.5%
10.4%
MAA
More free cash flow
MAA
MAA
$106.2M more FCF
MAA
$158.6M
$52.4M
SHC
Faster 2-yr revenue CAGR
SHC
SHC
Annualised
SHC
10.6%
1.1%
MAA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MAA
MAA
SHC
SHC
Revenue
$555.6M
$303.4M
Net Profit
$57.6M
$34.8M
Gross Margin
54.7%
Operating Margin
10.4%
23.2%
Net Margin
10.4%
11.5%
Revenue YoY
1.0%
4.6%
Net Profit YoY
-65.5%
182.8%
EPS (diluted)
$0.48
$0.12

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
SHC
SHC
Q4 25
$555.6M
$303.4M
Q3 25
$554.4M
$311.3M
Q2 25
$549.9M
$294.3M
Q1 25
$549.3M
$254.5M
Q4 24
$549.8M
$290.2M
Q3 24
$551.1M
$285.5M
Q2 24
$546.4M
$276.6M
Q1 24
$543.6M
$248.2M
Net Profit
MAA
MAA
SHC
SHC
Q4 25
$57.6M
$34.8M
Q3 25
$99.5M
$48.4M
Q2 25
$108.1M
$8.0M
Q1 25
$181.7M
$-13.3M
Q4 24
$166.6M
$12.3M
Q3 24
$115.2M
$17.0M
Q2 24
$102.0M
$8.8M
Q1 24
$143.7M
$6.3M
Gross Margin
MAA
MAA
SHC
SHC
Q4 25
54.7%
Q3 25
57.0%
Q2 25
56.6%
Q1 25
53.2%
Q4 24
56.6%
Q3 24
55.4%
Q2 24
55.2%
Q1 24
51.2%
Operating Margin
MAA
MAA
SHC
SHC
Q4 25
10.4%
23.2%
Q3 25
18.7%
23.4%
Q2 25
20.2%
6.4%
Q1 25
34.0%
-5.8%
Q4 24
31.3%
30.0%
Q3 24
21.5%
28.2%
Q2 24
19.3%
27.8%
Q1 24
27.4%
21.4%
Net Margin
MAA
MAA
SHC
SHC
Q4 25
10.4%
11.5%
Q3 25
18.0%
15.5%
Q2 25
19.7%
2.7%
Q1 25
33.1%
-5.2%
Q4 24
30.3%
4.2%
Q3 24
20.9%
6.0%
Q2 24
18.7%
3.2%
Q1 24
26.4%
2.5%
EPS (diluted)
MAA
MAA
SHC
SHC
Q4 25
$0.48
$0.12
Q3 25
$0.84
$0.17
Q2 25
$0.92
$0.03
Q1 25
$1.54
$-0.05
Q4 24
$1.43
$0.05
Q3 24
$0.98
$0.06
Q2 24
$0.86
$0.03
Q1 24
$1.22
$0.02

Balance Sheet & Financial Strength

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

Metric
MAA
MAA
SHC
SHC
Cash + ST InvestmentsLiquidity on hand
$60.3M
$344.6M
Total DebtLower is stronger
$2.1B
Stockholders' EquityBook value
$5.7B
$606.0M
Total Assets
$12.0B
$3.3B
Debt / EquityLower = less leverage
3.53×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MAA
MAA
SHC
SHC
Q4 25
$60.3M
$344.6M
Q3 25
$32.2M
$299.2M
Q2 25
$54.5M
$332.4M
Q1 25
$55.8M
$304.4M
Q4 24
$43.0M
$277.2M
Q3 24
$50.2M
$306.7M
Q2 24
$62.8M
$246.1M
Q1 24
$54.6M
$261.1M
Total Debt
MAA
MAA
SHC
SHC
Q4 25
$2.1B
Q3 25
$2.1B
Q2 25
$2.2B
Q1 25
$2.2B
Q4 24
$2.2B
Q3 24
$2.2B
Q2 24
$2.2B
Q1 24
$2.2B
Stockholders' Equity
MAA
MAA
SHC
SHC
Q4 25
$5.7B
$606.0M
Q3 25
$5.8B
$550.5M
Q2 25
$5.9B
$511.3M
Q1 25
$5.9B
$414.1M
Q4 24
$5.9B
$404.9M
Q3 24
$5.9B
$470.2M
Q2 24
$6.0B
$422.8M
Q1 24
$6.1B
$429.4M
Total Assets
MAA
MAA
SHC
SHC
Q4 25
$12.0B
$3.3B
Q3 25
$11.9B
$3.2B
Q2 25
$11.8B
$3.2B
Q1 25
$11.8B
$3.1B
Q4 24
$11.8B
$3.1B
Q3 24
$11.8B
$3.1B
Q2 24
$11.6B
$3.1B
Q1 24
$11.5B
$3.1B
Debt / Equity
MAA
MAA
SHC
SHC
Q4 25
3.53×
Q3 25
3.89×
Q2 25
4.34×
Q1 25
5.36×
Q4 24
5.49×
Q3 24
4.73×
Q2 24
5.26×
Q1 24
5.19×

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
SHC
SHC
Operating Cash FlowLast quarter
$261.7M
$103.1M
Free Cash FlowOCF − Capex
$158.6M
$52.4M
FCF MarginFCF / Revenue
28.5%
17.3%
Capex IntensityCapex / Revenue
18.6%
16.7%
Cash ConversionOCF / Net Profit
4.55×
2.96×
TTM Free Cash FlowTrailing 4 quarters
$717.9M
$149.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MAA
MAA
SHC
SHC
Q4 25
$261.7M
$103.1M
Q3 25
$266.4M
$71.2M
Q2 25
$353.4M
$57.4M
Q1 25
$196.6M
$55.5M
Q4 24
$239.1M
$55.7M
Q3 24
$309.5M
$97.5M
Q2 24
$349.4M
$61.3M
Q1 24
$200.3M
$9.7M
Free Cash Flow
MAA
MAA
SHC
SHC
Q4 25
$158.6M
$52.4M
Q3 25
$170.8M
$35.0M
Q2 25
$264.5M
$26.2M
Q1 25
$124.0M
$35.6M
Q4 24
$152.6M
$-10.2M
Q3 24
$215.5M
$61.1M
Q2 24
$259.7M
$19.4M
Q1 24
$148.2M
$-25.2M
FCF Margin
MAA
MAA
SHC
SHC
Q4 25
28.5%
17.3%
Q3 25
30.8%
11.2%
Q2 25
48.1%
8.9%
Q1 25
22.6%
14.0%
Q4 24
27.8%
-3.5%
Q3 24
39.1%
21.4%
Q2 24
47.5%
7.0%
Q1 24
27.3%
-10.2%
Capex Intensity
MAA
MAA
SHC
SHC
Q4 25
18.6%
16.7%
Q3 25
17.2%
11.6%
Q2 25
16.2%
10.6%
Q1 25
13.2%
7.8%
Q4 24
15.7%
22.7%
Q3 24
17.1%
12.7%
Q2 24
16.4%
15.2%
Q1 24
9.6%
14.1%
Cash Conversion
MAA
MAA
SHC
SHC
Q4 25
4.55×
2.96×
Q3 25
2.68×
1.47×
Q2 25
3.27×
7.21×
Q1 25
1.08×
Q4 24
1.43×
4.52×
Q3 24
2.69×
5.73×
Q2 24
3.43×
7.00×
Q1 24
1.39×
1.53×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MAA
MAA

Same Store$515.5M93%
Non Same Store And Other$36.8M7%

SHC
SHC

Transferred At Point In Time$198.4M65%
Nelson Labs$55.2M18%
Nordion$49.8M16%

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