Mid-America Apartment Communities
Income Statement
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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Mid-America Apartment Communities's past years’ income statements indicate that its last revenue has increased compared to the previous period by 6% to $2,148,468,000. Profit margin reached 26%. Total operating expenses were $747,480,000.
Profit Margin
| 2014 | 989.29M | 147.98M | 14.96% |
|---|---|---|---|
| 2015 | 1.04B | 332.28M | 31.87% |
| 2016 | 1.12B | 212.22M | 18.86% |
| 2017 | 1.52B | 328.37M | 21.48% |
| 2018 | 1.57B | 222.89M | 14.19% |
| 2019 | 1.64B | 353.81M | 21.56% |
| 2020 | 1.67B | 254.96M | 15.19% |
| 2021 | 1.77B | 533.79M | 30.02% |
| 2022 | 2.01B | 637.43M | 31.56% |
| 2023 | 2.14B | 552.80M | 25.73% |
MAA-PI Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 2.14B | 2.01B | 1.77B | 1.67B | 1.64B | 1.57B | 1.52B | 1.12B | 1.04B | 989.29M |
Cost of revenue | 1.40B | 1.26B | 1.20B | 1.15B | 1.10B | 1.08B | 1.07B | 746.31M | 695.16M | 694.14M |
Gross profit | 747.48M | 753.17M | 573.48M | 526.67M | 531.32M | 486.99M | 458.54M | 379.03M | 347.61M | 295.15M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 747.48M | 124.29M | 108.61M | 99.15M | 101.13M | 82.41M | 83.78M | 63.13M | 56.70M | 53.00M |
Operating income | 688.90M | 42.16M | -35.64M | -79.30M | -41.37M | 399.10M | 354.77M | 272.15M | 288.13M | 228.21M |
Other income (expenses), net | -118.05M | 604.82M | 598.77M | -672.51M | 410.03M | 815K | -23.18M | 39.18M | 1.67M | -82.15M |
Income before tax | 570.84M | 646.98M | 563.12M | 265.84M | 368.66M | 231.80M | 341.78M | 225.86M | 352.42M | 145.10M |
Income tax expense | 4.74M | -6.20M | 13.63M | 3.32M | 3.69M | 2.61M | 2.61M | 1.69M | 1.67M | 2.05M |
Net income | 552.80M | 637.43M | 533.79M | 254.96M | 353.81M | 222.89M | 328.37M | 212.22M | 332.28M | 147.98M |
Earnings per share | ||||||||||
Basic EPS | 4.71 | 5.49 | 4.62 | 2.2 | 3 | 1.89 | 2.86 | 2.69 | 4.41 | 1.97 |
Diluted EPS | 4.71 | 5.48 | 4.61 | 2.19 | 2.99 | 1.89 | 2.86 | 2.69 | 4.41 | 1.97 |
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