Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 60.60% is 71% above its 5-year average of 35.46%, near the high end of its 5-year range (28.06%–62.87%).
As of the fiscal period ended Tuesday, June 30, 2026. 38.42% above its 12-month average of 43.78%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
60.60%
GROSS MARGIN AVG TTM
43.78%
GROSS MARGIN AVG 3Y
32.80%
GROSS MARGIN AVG 5Y
32.70%
GROSS MARGIN AVG 10Y
30.79%
GROSS MARGIN AVG 15Y
30.45%
GROSS MARGIN AVG 20Y
36.43%
CURRENT VS TTM AVG
+38.42%
CURRENT VS 3Y AVG
+84.74%
CURRENT VS 5Y AVG
+85.35%
CURRENT VS 10Y AVG
+96.80%
CURRENT VS 15Y AVG
+99.05%
CURRENT VS 20Y AVG
+66.37%
SECTOR MEDIAN · REAL ESTATE
40.22%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+50.69%
vs the sector median at left
Mid-America Apartment Communities, Inc.
Market Cap
$15.71B
Gross Margin
60.60%
TTM Avg
43.78%
3Y Avg
32.80%
5Y Avg
32.70%
Market Cap
$15.95B
Gross Margin
2.62%
TTM Avg
27.99%
3Y Avg
41.22%
5Y Avg
41.10%
Market Cap
$16.50B
Gross Margin
54.85%
TTM Avg
61.68%
3Y Avg
65.35%
5Y Avg
66.39%
Market Cap
$14.84B
Gross Margin
9.26%
TTM Avg
28.04%
3Y Avg
37.83%
5Y Avg
42.97%
Market Cap
$14.76B
Gross Margin
22.48%
TTM Avg
41.34%
3Y Avg
49.86%
5Y Avg
51.85%
Market Cap
$14.08B
Gross Margin
44.66%
TTM Avg
57.92%
3Y Avg
64.95%
5Y Avg
67.13%
Market Cap
$18.04B
Gross Margin
3.69%
TTM Avg
31.36%
3Y Avg
45.88%
5Y Avg
50.67%
Market Cap
$18.44B
Gross Margin
13.24%
TTM Avg
12.95%
3Y Avg
20.84%
5Y Avg
25.20%
Market Cap
$18.51B
Gross Margin
69.38%
TTM Avg
68.44%
3Y Avg
68.51%
5Y Avg
73.96%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Mid-America Apartment Communities, Inc. (MAA) | $15.71B | 60.60% | 43.78% | 32.80% | 32.70% |
| Host Hotels & Resorts, Inc. (HST)vs › | $15.95B | 2.62% | 27.99% | 41.22% | 41.10% |
| Kimco Realty Corporation (KIM)vs › | $16.50B | 54.85% | 61.68% | 65.35% | 66.39% |
| Sun Communities, Inc. (SUI)vs › | $14.84B | 9.26% | 28.04% | 37.83% | 42.97% |
| Healthpeak Properties, Inc. (DOC)vs › | $14.76B | 22.48% | 41.34% | 49.86% | 51.85% |
| Regency Centers Corporation (REG)vs › | $14.08B | 44.66% | 57.92% | 64.95% | 67.13% |
| Invitation Homes Inc. (INVH)vs › | $18.04B | 3.69% | 31.36% | 45.88% | 50.67% |
| Weyerhaeuser Company (WY)vs › | $18.44B | 13.24% | 12.95% | 20.84% | 25.20% |
| Essex Property Trust, Inc. (ESS)vs › | $18.51B | 69.38% | 68.44% | 68.51% | 73.96% |
| UDR, Inc. (UDR)vs › | $12.34B | 25.59% | 25.27% | 24.12% | 21.91% |
Gross Margin
60.6%
(Revenue - COGS) / Revenue
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | GROSS MARGIN |
|---|---|
| 2026-06-30 | 60.60% |
| 2026-03-31 | 62.87% |
| 2025-12-31 | 36.07% |
| 2025-09-30 | 29.49% |
| 2025-06-30 | 29.86% |
| 2025-03-31 | 31.86% |
| 2024-12-31 | 32.09% |
| 2024-09-30 | 31.86% |
| 2024-06-30 | 32.65% |
| 2024-03-31 | 33.63% |
| 2023-12-31 | 35.43% |
| 2023-09-30 | 33.17% |
| 2023-06-30 | 34.71% |
| 2023-03-31 | 35.88% |
| 2022-12-31 | 36.28% |
| 2022-09-30 | 33.84% |
| 2022-06-30 | 33.05% |
| 2022-03-31 | 32.85% |
| 2021-12-31 | 31.45% |
| 2021-09-30 | 29.01% |
| 2021-06-30 | 28.06% |
| 2021-03-31 | 58.73% |
| 2020-12-31 | 28.52% |
| 2020-09-30 | 56.87% |
| 2020-06-30 | 59.03% |
| 2020-03-31 | 59.86% |
| 2019-12-31 | 30.66% |
| 2019-09-30 | 28.27% |
| 2019-06-30 | 28.44% |
| 2019-03-31 | 28.71% |
| 2018-12-31 | 29.60% |
| 2018-09-30 | 26.82% |
| 2018-06-30 | 27.44% |
| 2018-03-31 | 27.98% |
| 2017-12-31 | 29.11% |
| 2017-09-30 | 27.87% |
| 2017-06-30 | 26.05% |
| 2017-03-31 | 25.51% |
| 2016-12-31 | 29.40% |
| 2016-09-30 | 30.84% |
| 2016-06-30 | 31.31% |
| 2016-03-31 | 31.23% |
| 2015-12-31 | 31.90% |
| 2015-09-30 | 30.41% |
| 2015-06-30 | 29.61% |
| 2015-03-31 | 29.59% |
| 2014-12-31 | 30.00% |
| 2014-09-30 | 28.56% |
| 2014-06-30 | 27.89% |
| 2014-03-31 | 20.17% |
| 2013-12-31 | 19.76% |
| 2013-09-30 | 30.77% |
| 2013-06-30 | 30.97% |
| 2013-03-31 | 30.06% |
| 2012-12-31 | -51.77% |
| 2012-09-30 | 27.90% |
| 2012-06-30 | 27.81% |
| 2012-03-31 | 27.40% |
| 2011-12-31 | 58.67% |
| 2011-09-30 | 53.82% |
| 2011-06-30 | 55.64% |
| 2011-03-31 | 56.47% |
| 2010-12-31 | 129.87% |
| 2010-09-30 | 55.24% |
| 2010-06-30 | 56.64% |
| 2010-03-31 | 57.37% |
| 2009-12-31 | -42.77% |
| 2009-09-30 | 30.63% |
| 2009-06-30 | 33.70% |
| 2009-03-31 | 33.96% |
| 2008-12-31 | -37.10% |
| 2008-09-30 | 56.56% |
| 2008-06-30 | 33.91% |
| 2008-03-31 | 34.65% |
| 2007-12-31 | 100.00% |
| 2007-09-30 | 57.69% |
| 2007-06-30 | 57.97% |
| 2007-03-31 | 100.00% |
| 2006-12-31 | 100.00% |
| 2006-09-30 | 99.32% |
| 2006-06-30 | 99.29% |
| 2006-03-31 | 98.40% |
| 2005-12-31 | 100.00% |
| 2005-09-30 | 99.69% |
| 2005-06-30 | 99.53% |
| 2005-03-31 | 100.35% |
| 2004-12-31 | 100.00% |
| 2004-09-30 | 100.00% |
| 2004-06-30 | 98.79% |
| 2004-03-31 | 98.52% |
| 2003-12-31 | 100.00% |
| 2003-09-30 | 98.33% |
| 2003-06-30 | 99.87% |
| 2003-03-31 | 100.03% |
| 2002-12-31 | 100.00% |
| 2002-09-30 | 100.00% |
