vs

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

UNITED THERAPEUTICS Corp is the larger business by last-quarter revenue ($790.2M vs $553.7M, roughly 1.4× Mid-America Apartment Communities). On growth, Mid-America Apartment Communities posted the faster year-over-year revenue change (438.7% vs 7.4%). Over the past eight quarters, UNITED THERAPEUTICS Corp's revenue compounded faster (8.0% 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.

United Therapeutics Corporation is an American biotechnology company that develops pharmaceuticals and technologies related to organ transplantation, including xenotransplantation. Many of the company's products are focused towards lung disease and organ manufacturing. United Therapeutics is co-headquartered in Silver Spring, Maryland and Research Triangle Park, North Carolina, with additional facilities in Magog and Bromont, Quebec; Melbourne and Jacksonville, Florida; Blacksburg, Virginia; ...

MAA vs UTHR — Head-to-Head

Bigger by revenue
UTHR
UTHR
1.4× larger
UTHR
$790.2M
$553.7M
MAA
Growing faster (revenue YoY)
MAA
MAA
+431.3% gap
MAA
438.7%
7.4%
UTHR
Faster 2-yr revenue CAGR
UTHR
UTHR
Annualised
UTHR
8.0%
0.7%
MAA

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
MAA
MAA
UTHR
UTHR
Revenue
$553.7M
$790.2M
Net Profit
$364.3M
Gross Margin
86.9%
Operating Margin
45.1%
Net Margin
46.1%
Revenue YoY
438.7%
7.4%
Net Profit YoY
20.9%
EPS (diluted)
$4.34
$7.66

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
UTHR
UTHR
Q1 26
$553.7M
Q4 25
$555.6M
$790.2M
Q3 25
$554.4M
$799.5M
Q2 25
$549.9M
$798.6M
Q1 25
$549.3M
$794.4M
Q4 24
$549.8M
$735.9M
Q3 24
$551.1M
$748.9M
Q2 24
$546.4M
$714.9M
Net Profit
MAA
MAA
UTHR
UTHR
Q1 26
Q4 25
$57.6M
$364.3M
Q3 25
$99.5M
$338.7M
Q2 25
$108.1M
$309.5M
Q1 25
$181.7M
$322.2M
Q4 24
$166.6M
$301.3M
Q3 24
$115.2M
$309.1M
Q2 24
$102.0M
$278.1M
Gross Margin
MAA
MAA
UTHR
UTHR
Q1 26
Q4 25
86.9%
Q3 25
87.4%
Q2 25
89.0%
Q1 25
88.4%
Q4 24
89.7%
Q3 24
88.9%
Q2 24
89.1%
Operating Margin
MAA
MAA
UTHR
UTHR
Q1 26
Q4 25
10.4%
45.1%
Q3 25
18.7%
48.6%
Q2 25
20.2%
45.6%
Q1 25
34.0%
48.2%
Q4 24
31.3%
48.6%
Q3 24
21.5%
45.8%
Q2 24
19.3%
44.7%
Net Margin
MAA
MAA
UTHR
UTHR
Q1 26
Q4 25
10.4%
46.1%
Q3 25
18.0%
42.4%
Q2 25
19.7%
38.8%
Q1 25
33.1%
40.6%
Q4 24
30.3%
40.9%
Q3 24
20.9%
41.3%
Q2 24
18.7%
38.9%
EPS (diluted)
MAA
MAA
UTHR
UTHR
Q1 26
$4.34
Q4 25
$0.48
$7.66
Q3 25
$0.84
$7.16
Q2 25
$0.92
$6.41
Q1 25
$1.54
$6.63
Q4 24
$1.43
$6.23
Q3 24
$0.98
$6.39
Q2 24
$0.86
$5.85

Balance Sheet & Financial Strength

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

Metric
MAA
MAA
UTHR
UTHR
Cash + ST InvestmentsLiquidity on hand
$2.9B
Total DebtLower is stronger
Stockholders' EquityBook value
$7.1B
Total Assets
$7.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MAA
MAA
UTHR
UTHR
Q1 26
Q4 25
$60.3M
$2.9B
Q3 25
$32.2M
$2.8B
Q2 25
$54.5M
$3.0B
Q1 25
$55.8M
$3.3B
Q4 24
$43.0M
$3.3B
Q3 24
$50.2M
$3.3B
Q2 24
$62.8M
$3.0B
Stockholders' Equity
MAA
MAA
UTHR
UTHR
Q1 26
Q4 25
$5.7B
$7.1B
Q3 25
$5.8B
$6.6B
Q2 25
$5.9B
$7.2B
Q1 25
$5.9B
$6.8B
Q4 24
$5.9B
$6.4B
Q3 24
$5.9B
$6.1B
Q2 24
$6.0B
$5.7B
Total Assets
MAA
MAA
UTHR
UTHR
Q1 26
Q4 25
$12.0B
$7.9B
Q3 25
$11.9B
$7.4B
Q2 25
$11.8B
$7.9B
Q1 25
$11.8B
$7.7B
Q4 24
$11.8B
$7.4B
Q3 24
$11.8B
$7.1B
Q2 24
$11.6B
$6.7B

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
UTHR
UTHR
Operating Cash FlowLast quarter
$346.2M
Free Cash FlowOCF − Capex
$173.3M
FCF MarginFCF / Revenue
21.9%
Capex IntensityCapex / Revenue
21.9%
Cash ConversionOCF / Net Profit
0.95×
TTM Free Cash FlowTrailing 4 quarters
$1.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MAA
MAA
UTHR
UTHR
Q1 26
Q4 25
$261.7M
$346.2M
Q3 25
$266.4M
$562.1M
Q2 25
$353.4M
$191.7M
Q1 25
$196.6M
$461.2M
Q4 24
$239.1M
$341.2M
Q3 24
$309.5M
$377.2M
Q2 24
$349.4M
$232.2M
Free Cash Flow
MAA
MAA
UTHR
UTHR
Q1 26
Q4 25
$158.6M
$173.3M
Q3 25
$170.8M
$351.6M
Q2 25
$264.5M
$129.5M
Q1 25
$124.0M
$386.3M
Q4 24
$152.6M
$254.5M
Q3 24
$215.5M
$300.7M
Q2 24
$259.7M
$187.1M
FCF Margin
MAA
MAA
UTHR
UTHR
Q1 26
Q4 25
28.5%
21.9%
Q3 25
30.8%
44.0%
Q2 25
48.1%
16.2%
Q1 25
22.6%
48.6%
Q4 24
27.8%
34.6%
Q3 24
39.1%
40.2%
Q2 24
47.5%
26.2%
Capex Intensity
MAA
MAA
UTHR
UTHR
Q1 26
Q4 25
18.6%
21.9%
Q3 25
17.2%
26.3%
Q2 25
16.2%
7.8%
Q1 25
13.2%
9.4%
Q4 24
15.7%
11.8%
Q3 24
17.1%
10.2%
Q2 24
16.4%
6.3%
Cash Conversion
MAA
MAA
UTHR
UTHR
Q1 26
Q4 25
4.55×
0.95×
Q3 25
2.68×
1.66×
Q2 25
3.27×
0.62×
Q1 25
1.08×
1.43×
Q4 24
1.43×
1.13×
Q3 24
2.69×
1.22×
Q2 24
3.43×
0.83×

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%

UTHR
UTHR

Tyvaso DPI$338.6M43%
Remodulin$128.0M16%
Nebulized Tyvaso$125.7M16%
Orenitram$121.2M15%
Unituxin$62.3M8%
Adcirca$7.8M1%
Other$6.6M1%

Related Comparisons