Mid Financial Statements From 2010 to 2024

MAA Stock  USD 158.53  0.79  0.50%   
Mid America financial statements provide useful quarterly and yearly information to potential Mid America Apartment Communities investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Mid America financial statements helps investors assess Mid America's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Mid America's valuation are summarized below:
Gross Profit
1.2 B
Profit Margin
0.2388
Market Capitalization
19 B
Enterprise Value Revenue
10.6964
Revenue
2.2 B
We have found one hundred twenty available fundamental ratios for Mid America, which can be analyzed and compared to other ratios and to its peers in the industry. All investors should make sure to check all of Mid America last-minute market performance against the performance between 2010 and 2024 to make sure the company can sustain itself down the road. The current year's Market Cap is expected to grow to about 14.7 B, whereas Enterprise Value is forecasted to decline to about 641.8 M.

Mid America Total Revenue

2.26 Billion

Check Mid America financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mid America's main balance sheet or income statement drivers, such as Depreciation And Amortization of 308.7 M, Interest Expense of 79.9 M or Selling General Administrative of 42.9 M, as well as many indicators such as Price To Sales Ratio of 3.93, Dividend Yield of 0.0686 or PTB Ratio of 1.68. Mid financial statements analysis is a perfect complement when working with Mid America Valuation or Volatility modules.
  
Check out the analysis of Mid America Correlation against competitors.

Mid America Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets12.1 B11.5 B8.6 B
Slightly volatile
Short and Long Term Debt Total2.5 B4.6 B3.6 B
Slightly volatile
Total Stockholder Equity6.4 B6.1 B4.4 B
Slightly volatile
Property Plant And Equipment Net11.7 B11.1 B1.7 B
Slightly volatile
Net Debt2.4 B4.5 B3.5 B
Slightly volatile
Non Current Assets Total12 B11.4 B8.5 B
Slightly volatile
Non Currrent Assets Other170.9 M179.9 M6.8 B
Pretty Stable
Common Stock Shares Outstanding122.5 M116.6 M87 M
Slightly volatile
Liabilities And Stockholders Equity12.1 B11.5 B8.6 B
Slightly volatile
Non Current Liabilities Total2.3 B4.1 B3.4 B
Slightly volatile
Other Stockholder Equity7.8 B7.4 B5.3 B
Slightly volatile
Total Liabilities2.6 B5.2 B3.9 B
Slightly volatile
Total Current Liabilities1.1 B1.1 B461.8 M
Slightly volatile
Cash26.8 M41.3 M33.9 M
Very volatile
Cash And Short Term Investments26.9 M41.3 M33.9 M
Very volatile
Common Stock Total Equity1.4 M1.3 M925 K
Slightly volatile
Property Plant And Equipment Gross1.6 B2.8 B2.3 B
Slightly volatile
Total Current Assets49.4 M87 M73.4 M
Pretty Stable
Common Stock21.4 M20.3 M4.9 M
Slightly volatile
Other Liabilities17.7 M18.6 M61.4 M
Slightly volatile
Long Term Debt2.5 B4.5 BB
Slightly volatile
Preferred Stock Total Equity9.8 K10.3 K2.5 M
Slightly volatile
Intangible Assets983.2 KM9.2 M
Slightly volatile
Inventory77.7 M74 M46.3 M
Slightly volatile
Short Term Debt939.4 M894.7 M348.2 M
Pretty Stable
Warrants14.9 M23.8 M12.9 M
Slightly volatile
Long Term Debt Total3.4 B5.1 B3.2 B
Slightly volatile
Capital Surpluse6.2 B8.3 B5.3 B
Slightly volatile
Long Term Investments34.7 M42 M28 M
Slightly volatile
Short and Long Term Debt476 M495 M393.6 M
Very volatile
Non Current Liabilities Other26.6 M27.1 M23 M
Slightly volatile
Cash And Equivalents34.1 M44.5 M33.1 M
Pretty Stable
Net Invested Capital8.5 B10.7 B10.6 B
Slightly volatile
Capital Stock14.1 M20.3 M6.7 M
Slightly volatile
Capital Lease Obligations22.4 M27.3 M28.2 M
Slightly volatile

Mid America Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization308.7 M565.9 M514.7 M
Slightly volatile
Interest Expense79.9 M149.2 M119.2 M
Slightly volatile
Selling General Administrative42.9 M58.6 M66.4 M
Slightly volatile
Total Revenue2.3 B2.1 B1.3 B
Slightly volatile
Gross Profit784.9 M747.5 M437 M
Slightly volatile
Other Operating Expenses1.5 B1.4 B930.8 M
Slightly volatile
EBITDA1.3 B1.3 B528 M
Slightly volatile
Income Before Tax599.4 M570.8 M298.2 M
Slightly volatile
Net Income580.4 M552.8 M295.6 M
Slightly volatile
Cost Of Revenue1.5 B1.4 B867.1 M
Slightly volatile
Net Income Applicable To Common Shares765.3 M728.8 M312.8 M
Slightly volatile
Selling And Marketing Expenses1.6 M1.7 M2.8 M
Slightly volatile
Discontinued Operations6.4 M6.1 M4.5 M
Slightly volatile
Net Income From Continuing Ops376 M601.9 M325.8 M
Slightly volatile
Non Recurring14.1 M23 M14.8 M
Slightly volatile
Interest Income152.5 M243.4 M141.2 M
Slightly volatile
Preferred Stock And Other AdjustmentsM3.3 M3.6 M
Slightly volatile
Reconciled Depreciation571.5 M563.4 M511.3 M
Slightly volatile

Mid America Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow33.2 M61.1 M51.6 M
Slightly volatile
Depreciation594.1 M565.9 M374.1 M
Slightly volatile
Dividends Paid688.2 M655.4 M342.3 M
Slightly volatile
Capital Expenditures566.3 M539.4 M267.7 M
Slightly volatile
Total Cash From Operating Activities1.2 B1.1 B618.8 M
Slightly volatile
Net Income596.2 M567.8 M297.7 M
Slightly volatile
End Period Cash Flow32.3 M55.1 M47 M
Slightly volatile
Stock Based Compensation9.6 M15.7 M9.6 M
Slightly volatile
Issuance Of Capital Stock215.3 M205.1 M28.6 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio3.937.29247.048
Slightly volatile
Dividend Yield0.06860.04180.0377
Very volatile
PTB Ratio1.682.56292.2705
Pretty Stable
Book Value Per Share27.9854.0647.3093
Slightly volatile
Operating Cash Flow Per Share10.259.75956.5401
Slightly volatile
Stock Based Compensation To Revenue0.00570.00730.0071
Slightly volatile
Capex To Depreciation0.910.95322.2846
Slightly volatile
PB Ratio1.682.56292.2705
Pretty Stable
EV To Sales6.669.399110.2638
Slightly volatile
Net Income Per Share4.984.74433.0793
Slightly volatile
Payables Turnover14.0914.831439.3064
Slightly volatile
Sales General And Administrative To Revenue0.02590.02730.0641
Slightly volatile
Capex To Revenue0.240.25110.4824
Slightly volatile
POCF Ratio9.513.777315.498
Slightly volatile
Payout Ratio1.881.18561.3067
Very volatile
Capex To Operating Cash Flow0.450.47431.2112
Slightly volatile
Days Payables Outstanding25.8424.6117.7896
Slightly volatile
Income Quality3.432.00272.713
Slightly volatile
ROE0.05140.09040.0659
Pretty Stable
EV To Operating Cash Flow16.7517.757622.9799
Very volatile
PE Ratio27.3128.341635.9869
Pretty Stable
Return On Tangible Assets0.05050.04810.0304
Slightly volatile
Earnings Yield0.03870.03530.0305
Pretty Stable
Intangibles To Total Assets1.0E-41.0E-47.0E-4
Slightly volatile
Net Debt To EBITDA5.373.60736.6859
Pretty Stable
Current Ratio0.07790.0820.5889
Slightly volatile
Tangible Book Value Per Share30.5154.0653.937
Slightly volatile
Graham Number78.5874.835755.819
Slightly volatile
Shareholders Equity Per Share55.0952.464747.0509
Slightly volatile
Debt To Equity0.710.74271.0623
Slightly volatile
Capex Per Share6.564.6295.0812
Slightly volatile
Revenue Per Share10.4818.438513.5294
Slightly volatile
Interest Debt Per Share36.9840.245645.0167
Slightly volatile
Debt To Assets0.620.39530.4793
Slightly volatile
Enterprise Value Over EBITDA14.1516.093723.5024
Slightly volatile
Short Term Coverage Ratios1.391.464.4696
Slightly volatile
Price Earnings Ratio27.3128.341635.9869
Pretty Stable
Price Book Value Ratio1.682.56292.2705
Pretty Stable
Days Of Payables Outstanding25.8424.6117.7896
Slightly volatile
Dividend Payout Ratio1.881.18561.3067
Very volatile
Price To Operating Cash Flows Ratio9.513.777315.498
Slightly volatile
Pretax Profit Margin0.280.26570.2042
Slightly volatile
Company Equity Multiplier3.261.87862.2966
Slightly volatile
Long Term Debt To Capitalization0.660.37360.5035
Slightly volatile
Total Debt To Capitalization0.660.42620.5111
Slightly volatile
Debt Equity Ratio0.710.74271.0623
Slightly volatile
Quick Ratio0.07790.0820.5889
Slightly volatile
Dividend Paid And Capex Coverage Ratio0.60.95181.0165
Pretty Stable
Net Income Per E B T1.310.96841.2439
Slightly volatile
Cash Ratio0.0370.03890.4872
Slightly volatile
Operating Cash Flow Sales Ratio0.310.52930.4395
Slightly volatile
Cash Flow Coverage Ratios0.260.25050.155
Slightly volatile
Price To Book Ratio1.682.56292.2705
Pretty Stable
Fixed Asset Turnover0.180.19349.9305
Slightly volatile
Capital Expenditure Coverage Ratio1.522.10833.0092
Very volatile
Price Cash Flow Ratio9.513.777315.498
Slightly volatile
Enterprise Value Multiple14.1516.093723.5024
Slightly volatile
Debt Ratio0.620.39530.4793
Slightly volatile
Cash Flow To Debt Ratio0.260.25050.155
Slightly volatile
Price Sales Ratio3.937.29247.048
Slightly volatile
Return On Assets0.05050.04810.0323
Slightly volatile
Asset Turnover0.180.18710.1489
Slightly volatile
Net Profit Margin0.270.25730.2108
Slightly volatile
Gross Profit Margin0.440.34790.3789
Slightly volatile
Price Fair Value1.682.56292.2705
Pretty Stable
Return On Equity0.05140.09040.0659
Pretty Stable

Mid America Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap14.7 B14 B11.7 B
Slightly volatile
Enterprise Value641.8 MB1.1 B
Very volatile

Mid Fundamental Market Drivers

Forward Price Earnings37.037
Cash And Short Term Investments41.3 M

Mid Upcoming Events

7th of February 2024
Upcoming Quarterly Report
View
24th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
7th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Mid America Financial Statements

Mid America stakeholders use historical fundamental indicators, such as Mid America's revenue or net income, to determine how well the company is positioned to perform in the future. Although Mid America investors may analyze each financial statement separately, they are all interrelated. For example, changes in Mid America's assets and liabilities are reflected in the revenues and expenses on Mid America's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Mid America Apartment Communities. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue65.2 M68.4 M
Total Revenue2.1 B2.3 B
Cost Of Revenue1.4 B1.5 B
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.03  0.03 
Capex To Revenue 0.25  0.24 
Revenue Per Share 18.44  10.48 
Ebit Per Revenue 0.33  0.23 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Mid America Apartment offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mid America's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mid America Apartment Communities Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mid America Apartment Communities Stock:
Check out the analysis of Mid America Correlation against competitors.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Multi-Family Residential REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mid America. If investors know Mid will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mid America listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.039
Dividend Share
5.81
Earnings Share
4.44
Revenue Per Share
18.705
Quarterly Revenue Growth
0.017
The market value of Mid America Apartment is measured differently than its book value, which is the value of Mid that is recorded on the company's balance sheet. Investors also form their own opinion of Mid America's value that differs from its market value or its book value, called intrinsic value, which is Mid America's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mid America's market value can be influenced by many factors that don't directly affect Mid America's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mid America's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mid America is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mid America's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.