)
Edge31 Oct 2025
Rolls-Royce: Full Thrust Ahead
From century-old crafted perfection to pandemic shock and reset, Rolls-Royce's story is shaped by heritage, turbulence, and a disciplined climb back.
Mid-America Apartment Communities (MAA) investor relations material
Mid-America Apartment Communities Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary30 Oct, 2025
Executive summary
Core FFO per share for Q3 2025 was $2.16, in line with expectations, reflecting platform resilience despite economic headwinds, elevated supply, and slower job growth, with record-low resident turnover at 40.2%.
Net income available for common shareholders was $98.6 million for Q3 2025, down 13.7% year-over-year, while revenues rose 0.6% to $554.4 million and property operating expenses increased 2.1%.
Average effective rent per unit in the Same Store segment decreased 0.4% year-over-year to $1,693, with occupancy stable at 95.6%.
Demand remains healthy, with occupancy up 450 basis points over five quarters, nearing pre-COVID levels, and diversified presence in high-growth, affordable markets supports strong collections and favorable rent-to-income ratios.
Recent acquisitions and development pipeline expansion, including a 318-unit Kansas City property and land in Scottsdale, AZ, position the company for future growth.
Financial highlights
Core FFO for Q3 2025 was $258.9 million, or $2.16 per diluted share, in line with guidance; nine-month Core FFO was $780.8 million.
Net debt to EBITDA/Adjusted EBITDAre at quarter end was 4.2x; 91% of debt is fixed with a 6.3-year average maturity at a 3.8% effective rate.
$850 million in cash and borrowing capacity available at quarter end; $814.7 million as of September 30, 2025.
Third quarter blended lease pricing was +0.3%, with new lease pricing at -5.2% and renewals at +4.5% year-over-year.
Q3 2025 net income available for common shareholders was $98.6M ($0.84 per share); total NOI was $338.3M.
Outlook and guidance
Full-year 2025 Core FFO per share guidance narrowed to $8.68–$8.80 (midpoint $8.74); earnings per diluted share guidance revised to $4.18–$4.30.
Lowered midpoint of effective rent growth guidance to -0.4% for the year; same store revenue guidance revised to -0.05%.
Same store property operating expense growth projection lowered to 2.2%; same store NOI expectation adjusted to -1.35%.
2026 expected to see similar demand fundamentals, with supply pipeline set to decline by about 50% from 2024 peak.
Sufficient liquidity is expected to fund business needs over the next 12 months, supported by available cash and credit.
What drives negative new lease rate growth?
Explain the large earnings guidance revision.
Detail the strategy for future earnings growth.
What are current capital allocation hurdles?
What drives Dallas/Atlanta lease acceleration?
How does job growth impact 2026 outlook?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Mid-America Apartment Communities earnings date
Q4 20255 Feb, 2026
Next Mid-America Apartment Communities earnings date
Q4 20255 Feb, 2026
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Mid-America Apartment Communities, Inc. is a real estate investment trust, or REIT, focused on delivering full-cycle and superior investment performance for shareholders through acquiring, owning and operating a portfolio of high-quality apartment communities in the Midwest and Southeast. The Company invests in apartment communities located in major metropolitan areas of Chicago, Dallas/Ft. Worth, Houston, Kansas City, Minneapolis/St. Paul and St. Louis.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage