Mid-America Apartment Communities is a real estate investment trust focused on delivering full-cycle and superior investment performance for shareholders through the ownership, management, acquisition, development and redevelopment of quality apartment communities throughout the United States.

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 offices in Denver, Newport News, Richardson, Konak 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 (14-Jun-2018)

11 b

Closing share price (14-Jun-2018)

96.9
Mid-America Apartment Communities's current market capitalization is $11 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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Mid-America Apartment Communities Online and Social Media Presence

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Mid-America Apartment Communities News and Updates

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