Mid-America Apartment Communities, Inc. | Large-cap | Real Estate
$150.47
0.84%
| Mid-America Stock Comparison:
Mid-America vs AvalonBayMid-America vs Equity ResidentialMid-America vs Invitation HomesMid-America vs Essex PropertyMid-America vs Sun CommunitiesMid-America vs S&P 500 | Market
Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 2.2B
Gross Profit 713.3M 32.55%
Operating Income 656.8M 29.97%
Net Income 541.6M 24.72%
EPS (Diluted) $4.49

Balance Sheet Metrics

Total Assets 11.8B
Total Liabilities 5.7B
Shareholders Equity 6.1B
Debt to Equity 0.92

Cash Flow Metrics

Operating Cash Flow 1.1B
Free Cash Flow 775.9M

Revenue & Profitability Trend

Mid-America Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue2.2B2.1B2.0B1.8B1.7B
Cost of Goods Sold1.5B1.4B1.3B1.3B1.2B
Gross Profit713.3M747.5M687.7M517.8M474.4M
Operating Expenses56.5M58.6M58.8M52.9M46.9M
Operating Income656.8M688.9M628.9M464.9M427.5M
Pre-tax Income544.9M570.8M647.0M563.1M265.8M
Income Tax5.2M4.7M-6.2M13.6M3.3M
Net Income541.6M567.8M654.8M550.7M264.0M
EPS (Diluted)$4.49$4.71$5.48$4.61$2.19

Income Statement Trend

Mid-America Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets64.5M55.1M61.1M130.6M35.6M
Non-Current Assets11.7B11.4B11.2B11.2B11.2B
Total Assets11.8B11.5B11.2B11.3B11.2B
Liabilities
Current Liabilities856.7M1.1B558.0M584.4M700.3M
Non-Current Liabilities4.8B4.1B4.5B4.5B4.4B
Total Liabilities5.7B5.2B5.0B5.1B5.1B
Equity
Total Shareholders Equity6.1B6.3B6.2B6.2B6.1B

Balance Sheet Composition

Mid-America Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income541.6M567.8M654.8M550.7M264.0M
Operating Cash Flow1.1B1.2B1.2B1.1B795.0M
Investing Activities
Capital Expenditures-----
Investing Cash Flow27.3M-15.7M13.5M10.2M-3.8M
Financing Activities
Dividends Paid-690.6M-655.4M-543.3M-474.1M-461.0M
Financing Cash Flow-271.1M-367.9M-722.8M-546.4M-629.1M
Free Cash Flow775.9M597.8M590.2M383.7M598.4M

Cash Flow Trend

Mid-America Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 31.22
Forward P/E 36.18
Price to Book 2.95
Price to Sales 8.21
PEG Ratio 36.18

Profitability Ratios

Profit Margin 25.74%
Operating Margin 29.02%
Return on Equity 9.37%
Return on Assets 3.49%

Financial Health

Current Ratio 0.06
Debt to Equity 82.63
Beta 0.78

Per Share Data

EPS (TTM) $4.81
Book Value per Share $50.89
Revenue per Share $18.80

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
maa18.0B31.222.959.37%25.74%82.63
AvalonBay 29.6B25.832.489.69%38.31%71.14
Equity Residential 27.0B26.362.388.90%33.11%70.33
Invitation Homes 20.9B43.622.154.81%18.23%83.40
Essex Property 19.7B27.323.3012.81%36.10%118.42
Sun Communities 17.0B154.142.361.72%2.31%110.55

Financial data is updated regularly. All figures are in the company's reporting currency.