Healthpeak Properties, Inc. (DOC) vs Mid-America Apartment Communities, Inc. (MAA)
MAA leads on 9 of 14 compared metrics.
A side-by-side comparison of Healthpeak Properties, Inc. and Mid-America Apartment Communities, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 28, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
DOC
Healthpeak Properties, Inc.
$21.55Real Estate
MAA
Mid-America Apartment Communities, Inc.
$140.72Real Estate
Total return — DOC vs MAA
growth of $100 · last 30yDOC +40.2%MAA +454.5%MAA compounded faster
DOC MAA
DOC vs MAA: by the numbers
- •MAA is the larger company ($16.38B vs $14.86B market cap).
- •MAA trades at the lower earnings multiple (42.64 vs 68.33 P/E).
- •MAA converts more revenue to profit (17.60% vs 7.73% net margin).
- •DOC grew revenue faster over the past five years (19.87% vs 5.61% CAGR).
- •DOC pays the higher dividend yield (5.66% vs 4.35%).
Which is better, DOC or MAA?
Metric tally: DOC 5 · MAA 9It depends on what you're optimizing for:
ValueMAA(lower P/E)
GrowthDOC(faster 5Y revenue CAGR)
IncomeDOC(higher dividend yield)
QualityMAA(higher ROIC)
Metrics side by side
Valuation
| Metric | DOC | MAA |
|---|---|---|
| P/E ratio | 68.33 | 42.64● |
| Forward P/E | 66.70 | 41.97● |
| P/S ratio | 5.22● | 7.40 |
| P/B ratio | 1.91● | 2.95 |
| PEG ratio | — | 3.71 |
| EV / EBITDA | 15.27● | 17.74 |
Profitability
| Metric | DOC | MAA |
|---|---|---|
| Gross margin | 22.48% | 39.58%● |
| Operating margin | 18.31% | 27.43%● |
| Net margin | 7.73% | 17.60%● |
| ROE | 2.84% | 7.01%● |
| ROIC | 2.94% | 5.32%● |
Dividends
| Metric | DOC | MAA |
|---|---|---|
| Dividend yield | 5.66%● | 4.35% |
| Payout ratio | 1220.04% | 161.48% |
Growth (annualized)
| Metric | DOC | MAA |
|---|---|---|
| Revenue CAGR (5Y) | 19.87%● | 5.61% |
| EPS CAGR (5Y) | -33.52% | 11.49%● |
| Total return CAGR (5Y) | -3.76% | -0.16%● |
Frequently asked
- Which is better, DOC or MAA?
- It depends on your goal. value: MAA (lower P/E); growth: DOC (faster 5Y revenue CAGR); income: DOC (higher dividend yield); quality: MAA (higher ROIC). Across all compared metrics, MAA leads 9 to 5.
- Is DOC or MAA cheaper?
- On trailing earnings, MAA is cheaper: DOC trades at a 68.33 P/E and MAA at 42.64.
- Which has grown faster, DOC or MAA?
- Over the past five years, DOC grew revenue faster — DOC at a 19.87% CAGR versus MAA at 5.61%.
- Does DOC or MAA pay a bigger dividend?
- DOC yields 5.66% and MAA yields 4.35% based on trailing dividends and the latest price.
- Is DOC or MAA more profitable?
- MAA runs the higher net margin — DOC at 7.73% versus MAA at 17.60%.
- Which has been the better investment, DOC or MAA?
- Over the past 10-year, MAA delivered the higher annualized total return — DOC at 0.24% versus MAA at 7.08%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Healthpeak Properties P/E ratioMid-America Apartment Communities P/E ratioHealthpeak Properties dividend yieldMid-America Apartment Communities dividend yieldHealthpeak Properties ROEMid-America Apartment Communities ROEHealthpeak Properties operating marginMid-America Apartment Communities operating marginHealthpeak Properties revenue growthMid-America Apartment Communities revenue growthHealthpeak Properties free cash flowMid-America Apartment Communities free cash flow
Healthpeak Properties & Mid-America Apartment Communities appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 28, 2026.