MAA vs VMRK: Mid-America Apartment Communities and VIVMARK RESIDENTIAL compared
VIVMARK RESIDENTIAL is the larger company, worth $24.6B, about 1.8 times Mid-America Apartment Communities.
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- VIVMARK RESIDENTIAL is the larger company, worth $24.6B, about 1.8 times Mid-America Apartment Communities.
- VIVMARK RESIDENTIAL grew revenue faster over the last year (+2.8% vs +0.8%).
- On earnings, VIVMARK RESIDENTIAL is the cheaper stock (28.4x vs 36.0x).
- Mid-America Apartment Communities's price assumes faster free cash flow growth: about 5% a year, against 4% for VIVMARK RESIDENTIAL (reverse DCF).
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | MAA | VMRK |
|---|---|---|
| Market cap | $13.8B | $24.6B |
| Share price | $118.93 | $65.51 |
| Revenue (last fiscal year) | $2.2B | $3.1B |
| Free cash flow (last fiscal year) | $718M | $1.3B |
| Revenue growth, last year | +0.8% | +2.8% |
| Revenue growth per year, last 5 fiscal years | +5.6% | +5.9% |
| Operating margin | — | 28.2% |
| Net margin | 17.6% | 28.0% |
| Return on equity | 7.0% | 8.3% |
| P/E (trailing) | 36.0x | 28.4x |
| Price / free cash flow | 20.2x | 20.3x |
| EV / EBITDA | 15.8x | 14.6x |
| FCF growth the price implies | 4.5% | 4.2% |
| Dividend yield | 5.1% | — |
| Debt / equity | 1.02x | 0.79x |
| Fundamental grade | D | C |
| Superinvestors holding it | 13 | 0 |
| Insider purchases, last 12 months | 4 | 0 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
Mid-America Apartment Communities
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $1.8B | $615M | — |
| 2022 | $2.0B | $762M | — |
| 2023 | $2.1B | $796M | — |
| 2024 | $2.2B | $776M | — |
| 2025 | $2.2B | $718M | — |
VIVMARK RESIDENTIAL
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $2.5B | $1.1B | 68.0% |
| 2022 | $3.1B | $1.2B | 36.1% |
| 2023 | $2.9B | $1.2B | 40.4% |
| 2024 | $3.0B | $1.3B | 29.3% |
| 2025 | $3.1B | $1.3B | 28.1% |
Where the revenue comes from
Mid-America Apartment Communities · by segments, 2025
VIVMARK RESIDENTIAL
No segment breakdown reported.
Questions
Which is bigger, Mid-America Apartment Communities or VIVMARK RESIDENTIAL?
VIVMARK RESIDENTIAL (VMRK), at $24.6B against $13.8B.
Is MAA or VMRK cheaper?
By trailing P/E, VIVMARK RESIDENTIAL (28.4x) is cheaper than Mid-America Apartment Communities (36.0x). A lower multiple can also mean the market expects less growth.
Which grows faster, MAA or VMRK?
VIVMARK RESIDENTIAL: revenue grew +2.8% over the last year, against +0.8%.
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.