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
Show all (90)

Mid-America Apartment Communities Data and Metrics

Mid-America Apartment Communities Financial Metrics

Mid-America Apartment Communities's revenue was reported to be $378.9 m in Q1, 2017
USD

Revenue (Q1, 2017)

378.9 m

Net income (Q1, 2017)

43.4 m

Market capitalization (22-Aug-2017)

8 b
Mid-America Apartment Communities's current market capitalization is $8 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 m119.5 m122.3 m129.9 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)
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

Pre tax profit

67.6 m64.7 m144.3 m97.3 m46 m48.2 m89.4 m43.7 m

Income tax expense

(523 k)(442 k)(510 k)(398 k)(512 k)(288 k)(457 k)(454 k)(651 k)

Net Income

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

Total Assets

6.8 b

Accounts Payable

145.3 m11.9 m1.9 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 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
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

Mid-America Apartment Communities Market Value History

Traffic Overview of Mid-America Apartment Communities

Mid-America Apartment Communities Online and Social Media Presence

Mid-America Apartment Communities News and Updates

Mining and chemicals companies lead US stocks higher

NEW YORK (AP) — U.S. stocks are rising Monday as the price of oil continues its recent recovery, giving chemical and machinery maker a big lift. Energy companies also traded higher. Investors are selling traditionally safe investments like government bonds.KEEPING SCORE: The…

Term Sheet — Monday, August 15

term sheet

MAA Is Buying Post Properties for $3.9 Billion

M&A deals in the REIT sector are flourishing

Mid-America Apartment Communities Company Life and Culture

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