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Mid-America Apartment Communities (BSP:M1AA34) Pre-Tax Income : R$2,849 Mil (TTM As of Mar. 2024)


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What is Mid-America Apartment Communities Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Mid-America Apartment Communities's pretax income for the three months ended in Mar. 2024 was R$742 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was R$2,849 Mil. Mid-America Apartment Communities's pretax margin was 27.39%.

During the past 13 years, Mid-America Apartment Communities's highest Pretax Margin was 33.80%. The lowest was 14.75%. And the median was 22.41%.


Mid-America Apartment Communities Pre-Tax Income Historical Data

The historical data trend for Mid-America Apartment Communities's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mid-America Apartment Communities Pre-Tax Income Chart

Mid-America Apartment Communities Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,513.17 1,367.67 3,184.43 3,393.72 2,797.03

Mid-America Apartment Communities Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 729.90 738.42 558.45 810.92 741.61

Competitive Comparison of Mid-America Apartment Communities's Pre-Tax Income

For the REIT - Residential subindustry, Mid-America Apartment Communities's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mid-America Apartment Communities's Pre-Tax Income Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Mid-America Apartment Communities's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Mid-America Apartment Communities's Pre-Tax Income falls into.



Mid-America Apartment Communities Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Mid-America Apartment Communities's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=3375.482+152.761+-731.217+0+0
=2,797

Mid-America Apartment Communities's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=825.452+117.145+-200.99+0+0
=742

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$2,849 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Mid-America Apartment Communities  (BSP:M1AA34) Pre-Tax Income Explanation

Mid-America Apartment Communities's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=741.607/2707.129
=27.39%

During the past 13 years, Mid-America Apartment Communities's highest Pretax Margin was 33.80%. The lowest was 14.75%. And the median was 22.41%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Mid-America Apartment Communities Pre-Tax Income Related Terms

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Mid-America Apartment Communities (BSP:M1AA34) Business Description

Traded in Other Exchanges
Address
6815 Poplar Avenue, Suite 500, Germantown, TN, USA, 38138
Mid-America Apartment Communities Inc, or MAA, is a real estate investment trust engaged in the acquisition, operation, and development of multifamily apartment communities located in southeastern and southwestern United States. Company operates two reportable segments; Same Store includes communities that the Company has owned and have been stabilized for at least a full 12 months as of the first day of the calendar year and Non-Same Store and Other includes recently acquired communities, communities being developed or in lease-up, communities that have been disposed of or identified for disposition, communities that have experienced a significant casualty loss and stabilized communities that do not meet the requirements to be Same Store communities. Key revenue comes from the Same Store.

Mid-America Apartment Communities (BSP:M1AA34) Headlines

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