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Side-by-side financial comparison of Mid-America Apartment Communities (MAA) and Service Properties Trust (SVC). 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 $296.5M, roughly 1.9× Service Properties Trust). On growth, Mid-America Apartment Communities posted the faster year-over-year revenue change (438.7% vs -17.0%). Over the past eight quarters, Mid-America Apartment Communities's revenue compounded faster (0.7% CAGR vs -6.1%).

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.

Medical Properties Trust, Inc. (MPT) is an international real estate investment trust (REIT) based in Birmingham, Alabama that purchases and invests in healthcare facilities and for-profit healthcare holding companies, primarily in the United States and Europe. Their property acquisitions often come in the form of sale-leaseback agreements, in which the original property owner sells the property to MPT and becomes their tenant. MPT's tenants are generally subject to long-term triple net lease...

MAA vs SVC — Head-to-Head

Bigger by revenue
MAA
MAA
1.9× larger
MAA
$553.7M
$296.5M
SVC
Growing faster (revenue YoY)
MAA
MAA
+455.7% gap
MAA
438.7%
-17.0%
SVC
Faster 2-yr revenue CAGR
MAA
MAA
Annualised
MAA
0.7%
-6.1%
SVC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
MAA
MAA
SVC
SVC
Revenue
$553.7M
$296.5M
Net Profit
$-782.0K
Gross Margin
Operating Margin
-3.9%
Net Margin
-0.3%
Revenue YoY
438.7%
-17.0%
Net Profit YoY
99.0%
EPS (diluted)
$4.34
$-0.01

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
SVC
SVC
Q1 26
$553.7M
Q4 25
$555.6M
$296.5M
Q3 25
$554.4M
$377.6M
Q2 25
$549.9M
$404.4M
Q1 25
$549.3M
$335.0M
Q4 24
$549.8M
$357.0M
Q3 24
$551.1M
$390.9M
Q2 24
$546.4M
$412.5M
Net Profit
MAA
MAA
SVC
SVC
Q1 26
Q4 25
$57.6M
$-782.0K
Q3 25
$99.5M
$-46.9M
Q2 25
$108.1M
$-38.2M
Q1 25
$181.7M
$-116.4M
Q4 24
$166.6M
$-76.4M
Q3 24
$115.2M
$-46.9M
Q2 24
$102.0M
$-73.8M
Operating Margin
MAA
MAA
SVC
SVC
Q1 26
Q4 25
10.4%
-3.9%
Q3 25
18.7%
-12.8%
Q2 25
20.2%
-9.2%
Q1 25
34.0%
-33.3%
Q4 24
31.3%
-19.4%
Q3 24
21.5%
-12.8%
Q2 24
19.3%
-17.1%
Net Margin
MAA
MAA
SVC
SVC
Q1 26
Q4 25
10.4%
-0.3%
Q3 25
18.0%
-12.4%
Q2 25
19.7%
-9.4%
Q1 25
33.1%
-34.8%
Q4 24
30.3%
-21.4%
Q3 24
20.9%
-12.0%
Q2 24
18.7%
-17.9%
EPS (diluted)
MAA
MAA
SVC
SVC
Q1 26
$4.34
Q4 25
$0.48
$-0.01
Q3 25
$0.84
$-0.28
Q2 25
$0.92
$-0.23
Q1 25
$1.54
$-0.70
Q4 24
$1.43
$-0.46
Q3 24
$0.98
$-0.28
Q2 24
$0.86
$-0.45

Balance Sheet & Financial Strength

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

Metric
MAA
MAA
SVC
SVC
Cash + ST InvestmentsLiquidity on hand
$346.8M
Total DebtLower is stronger
$5.5B
Stockholders' EquityBook value
$646.1M
Total Assets
$6.5B
Debt / EquityLower = less leverage
8.52×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MAA
MAA
SVC
SVC
Q1 26
Q4 25
$60.3M
$346.8M
Q3 25
$32.2M
$417.4M
Q2 25
$54.5M
$63.2M
Q1 25
$55.8M
$80.1M
Q4 24
$43.0M
$143.5M
Q3 24
$50.2M
$48.6M
Q2 24
$62.8M
$14.6M
Total Debt
MAA
MAA
SVC
SVC
Q1 26
Q4 25
$5.5B
Q3 25
Q2 25
Q1 25
Q4 24
$5.8B
Q3 24
Q2 24
Stockholders' Equity
MAA
MAA
SVC
SVC
Q1 26
Q4 25
$5.7B
$646.1M
Q3 25
$5.8B
$647.9M
Q2 25
$5.9B
$695.9M
Q1 25
$5.9B
$734.6M
Q4 24
$5.9B
$851.9M
Q3 24
$5.9B
$929.0M
Q2 24
$6.0B
$1.0B
Total Assets
MAA
MAA
SVC
SVC
Q1 26
Q4 25
$12.0B
$6.5B
Q3 25
$11.9B
$7.0B
Q2 25
$11.8B
$6.9B
Q1 25
$11.8B
$7.0B
Q4 24
$11.8B
$7.1B
Q3 24
$11.8B
$7.1B
Q2 24
$11.6B
$7.1B
Debt / Equity
MAA
MAA
SVC
SVC
Q1 26
Q4 25
8.52×
Q3 25
Q2 25
Q1 25
Q4 24
6.85×
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
MAA
MAA
SVC
SVC
Operating Cash FlowLast quarter
$-18.5M
Free Cash FlowOCF − Capex
$-95.2M
FCF MarginFCF / Revenue
-32.1%
Capex IntensityCapex / Revenue
25.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-107.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MAA
MAA
SVC
SVC
Q1 26
Q4 25
$261.7M
$-18.5M
Q3 25
$266.4M
$98.1M
Q2 25
$353.4M
$-7.0K
Q1 25
$196.6M
$38.2M
Q4 24
$239.1M
$-9.7M
Q3 24
$309.5M
$106.2M
Q2 24
$349.4M
$43.8M
Free Cash Flow
MAA
MAA
SVC
SVC
Q1 26
Q4 25
$158.6M
$-95.2M
Q3 25
$170.8M
$57.9M
Q2 25
$264.5M
$-46.6M
Q1 25
$124.0M
$-23.2M
Q4 24
$152.6M
$-88.9M
Q3 24
$215.5M
$24.1M
Q2 24
$259.7M
$-22.3M
FCF Margin
MAA
MAA
SVC
SVC
Q1 26
Q4 25
28.5%
-32.1%
Q3 25
30.8%
15.3%
Q2 25
48.1%
-11.5%
Q1 25
22.6%
-6.9%
Q4 24
27.8%
-24.9%
Q3 24
39.1%
6.2%
Q2 24
47.5%
-5.4%
Capex Intensity
MAA
MAA
SVC
SVC
Q1 26
Q4 25
18.6%
25.9%
Q3 25
17.2%
10.6%
Q2 25
16.2%
11.5%
Q1 25
13.2%
18.3%
Q4 24
15.7%
22.2%
Q3 24
17.1%
21.0%
Q2 24
16.4%
16.0%
Cash Conversion
MAA
MAA
SVC
SVC
Q1 26
Q4 25
4.55×
Q3 25
2.68×
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
MAA

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

SVC
SVC

Segment breakdown not available.

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