Mid-America Apartment Communities

Our mission is to create "A Brighter View" for our residents, employees and shareholders. And we’re doing that every day. MAA is a leading performer in the apartment real estate industry with an award-winning portfolio of multifamily housing that stretches across the Sunbelt region of the United States. Our current portfolio encompasses more than 47,000 apartment homes. We are publicly traded on the New York Stock Exchange under the symbol MAA. With over 25 years in the real estate industry, MAA has gained extensive experience in all phases of multifamily real estate investing — acquisition, redevelopment, new development, property management and disposition. MAA’s successful investing and operating philosophies in portfolio, asset, and property management have been developed, refined, and tested through numerous market cycles.
Company Growth (employees)
Type
Public
HQ
Memphis, US
Founded
1977
Size (employees)
2,466 (est)
Website
maac.com
Mid-America Apartment Communities was founded in 1977 and is headquartered in Memphis, US

Mid-America Apartment Communities Office Locations

Mid-America Apartment Communities has offices in Memphis, Overland Park, Frisco, Richmond and in 88 other locations
Memphis, US (HQ)
6584 Poplar Ave

Mid-America Apartment Communities Data and Metrics

Mid-America Apartment Communities Financial Metrics

Mid-America Apartment Communities's revenue was reported to be $1.1 b in FY, 2016 which is a 8% increase from the previous period.
USD

Revenue (FY, 2016)

1.1 b

Revenue growth (FY, 2015 - FY, 2016), %

8%

Net income (FY, 2016)

(224.4 m)

Market capitalization (26-Jun-2017)

12.3 b

Closing share price (26-Jun-2017)

109.2
Mid-America Apartment Communities's current market capitalization is $12.3 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

634.7 m989.3 m1 b1.1 b

Revenue growth, %

56%5%8%

General and administrative expense

15.6 m20.9 m25.7 m29 m

Operating expense total

15.6 m20.9 m25.7 m29 m

Interest expense

(75.9 m)(119.5 m)(122.3 m)(129.9 m)

Pre tax profit

145.1 m352.4 m225.9 m

Income tax expense

(893 k)(2.1 m)(1.7 m)(1.7 m)

Net Income

107.5 m156.3 m(350.7 m)(224.4 m)
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

89.3 m

Inventories

431.7 m19.3 m3.3 m

Goodwill

4.1 m

Total Assets

6.8 b

Accounts Payable

145.3 m11.9 m14.4 m

Additional Paid-in Capital

3.6 b

Total Equity

3.1 b

Financial Leverage

2.2 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

107.5 m156.3 m(350.7 m)(224.4 m)

Depreciation and Amortization

192.5 m306.2 m(294.9 m)(323.3 m)

Inventories

282.8 m253.4 m

Accounts Payable

50.4 m39.3 m2.6 m24.2 m

Cash From Operating Activities

264.1 m384.1 m463.7 m484 m

Cash From Investing Activities

(100.4 m)(203.8 m)(136.2 m)(710.5 m)

Short-term Borrowings

(11.1 m)(260.3 m)(279.1 m)(146 m)

Cash From Financing Activities

(83.3 m)(244.3 m)(316.6 m)222.4 m

Interest Paid

83.6 m146.2 m140.8 m144.8 m

Income Taxes Paid

803 k1.6 m2.1 m1.6 m
USDY, 2016

Revenue/Employee

456.3 k

Mid-America Apartment Communities Market Value History

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