Host Hotels & Resorts, Inc. (HST) vs Mid-America Apartment Communities, Inc. (MAA)
A side-by-side comparison of Host Hotels & Resorts, Inc. and Mid-America Apartment Communities, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.
Total return — HST vs MAA
growth of $100 · dividends reinvested · last 10yHST vs MAA: by the numbers
- •HST is the larger company ($15.26B vs $13.87B market cap).
- •MAA converts more revenue to profit (18.17% vs 16.51% net margin).
- •HST grew revenue faster over the past five years (32.68% vs 5.36% CAGR).
- •HST pays the higher dividend yield (7.51% vs 4.89%).
Metrics side by side
Valuation
| Metric | HST | MAA |
|---|---|---|
| P/E ratio | 15.16 | 34.84 |
| Forward P/E | 16.17 | 32.32 |
| P/S ratio | 2.45 | 6.25 |
| P/B ratio | 2.39 | 2.55 |
| EV / EBITDA | 11.25 | 15.76 |
| FCF yield | 6.64% | 4.11% |
For REITs like Host Hotels & Resorts, Inc., GAAP P/E is distorted: heavy non-cash property depreciation depresses reported earnings and overstates the multiple. Real-estate companies are valued on funds from operations (FFO / AFFO) and price-to-FFO — see the Funds From Operations section. The P/E is shown for reference only.
For REITs like Mid-America Apartment Communities, Inc., GAAP P/E is distorted: heavy non-cash property depreciation depresses reported earnings and overstates the multiple. Real-estate companies are valued on funds from operations (FFO / AFFO) and price-to-FFO — see the Funds From Operations section. The P/E is shown for reference only.
Profitability
| Metric | HST | MAA |
|---|---|---|
| Gross margin | 2.62% | 31.83% |
| Operating margin | 14.44% | 26.88% |
| Net margin | 16.51% | 18.17% |
| ROE | 16.08% | 7.42% |
| ROIC | 6.84% | 5.17% |
Dividends
| Metric | HST | MAA |
|---|---|---|
| Dividend yield | 7.51% | 4.89% |
| Payout ratio | 113.61% | 178.51% |
Host Hotels & Resorts, Inc.'s payout ratio is measured against GAAP earnings, which non-cash depreciation depresses for REITs — the dividend is conventionally assessed against funds from operations (FFO / AFFO) instead, so the GAAP figure overstates the payout burden.
Mid-America Apartment Communities, Inc.'s payout ratio is measured against GAAP earnings, which non-cash depreciation depresses for REITs — the dividend is conventionally assessed against funds from operations (FFO / AFFO) instead, so the GAAP figure overstates the payout burden.
Growth (annualized)
| Metric | HST | MAA |
|---|---|---|
| Revenue CAGR (5Y) | 32.68% | 5.36% |
| EPS CAGR (5Y) | N/A | 11.49% |
| FCF CAGR (5Y) | 8.15% | 3.97% |
| Total return CAGR (5Y) | 12.16% | -4.49% |
Frequently asked
- Which has grown faster, HST or MAA?
- Over the past five years, HST grew revenue faster — HST at a 32.68% CAGR versus MAA at 5.36%.
- Does HST or MAA pay a bigger dividend?
- HST yields 7.51% and MAA yields 4.89% based on trailing dividends and the latest price.
- Is HST or MAA more profitable?
- MAA runs the higher net margin — HST at 16.51% versus MAA at 18.17%.
- How have HST and MAA total returns compared?
- Over the past 10 years, HST delivered 7.68% and MAA delivered 6.87% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Host Hotels & Resorts & 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 September 13, 2026.