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.
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
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Mid-America Apartment Communities Office Locations

Mid-America Apartment Communities has an office in Phoenix, Greenville, Chattanooga, Nashville and in 86 other locations
Memphis, US (HQ)
6584 Poplar Ave
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Mid-America Apartment Communities Financials and Metrics

Mid-America Apartment Communities Financials

Mid-America Apartment Communities's revenue was reported to be $1.13 b in FY, 2016 which is a 7.9% increase from the previous period.
USD

Revenue (Q1, 2017)

378.9 m

Net income (Q1, 2017)

43.4 m

Market capitalization (5-Feb-2018)

6.7 b
Mid-America Apartment Communities's current market capitalization is $6.7 b.
Annual
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
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

244.6 m248.8 m257.8 m258.9 m262 m269 m272.2 m276.9 m378.9 m

General and administrative expense

5.2 m6.5 m6.6 m6.7 m5.9 m6.6 m7 m6.7 m12.8 m

Operating expense total

5.2 m6.5 m6.6 m6.7 m5.9 m6.6 m7 m6.7 m12.8 m

Interest expense

30.2 m28.3 m29.9 m29.5 m29.3 m32.2 m32 m32.2 m36.6 m
USDFY, 2013FY, 2015FY, 2016

Cash

89.3 m

Accounts Receivable

2.8 m

Inventories

431.7 m19.3 m3.3 m

Goodwill

4.1 m
Annual
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 m

Inventories

282.8 m253.4 m

Accounts Payable

50.4 m39.3 m2.6 m24.2 m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

33.4 m70.7 m64.7 m143.9 m96.8 m45.8 m47.6 m88.9 m43.4 m

Depreciation and Amortization

69.6 m70.2 m73.1 m74.4 m73.1 m75.1 m75.7 m77 m130 m
USDY, 2017

Revenue/Employee

153.7 k
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