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Mid-America Apartment Communities (BSP:M1AA34) Revenue : R$10,687 Mil (TTM As of Dec. 2023)


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What is Mid-America Apartment Communities Revenue?

Mid-America Apartment Communities's revenue for the three months ended in Dec. 2023 was R$2,657 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was R$10,687 Mil. Mid-America Apartment Communities's Revenue per Share for the three months ended in Dec. 2023 was R$5.69. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was R$22.91.

Good Sign:

Mid-America Apartment Communities Inc has shown predictable revenue and earnings growth.

During the past 12 months, the average Revenue per Share Growth Rate of Mid-America Apartment Communities was 5.40% per year. During the past 3 years, the average Revenue per Share Growth Rate was 7.90% per year. During the past 5 years, the average Revenue per Share Growth Rate was 7.00% per year. During the past 10 years, the average Revenue per Share Growth Rate was 3.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Mid-America Apartment Communities's highest 3-Year average Revenue per Share Growth Rate was 11.10% per year. The lowest was -8.40% per year. And the median was 2.20% per year.


Mid-America Apartment Communities Revenue Historical Data

The historical data trend for Mid-America Apartment Communities's Revenue 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 Revenue Chart

Mid-America Apartment Communities Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,735.55 8,632.72 10,054.88 10,595.01 10,527.06

Mid-America Apartment Communities Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Revenue 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 2,769.39 2,755.52 2,597.44 2,676.98 2,656.90

Competitive Comparison of Mid-America Apartment Communities's Revenue

For the REIT - Residential subindustry, Mid-America Apartment Communities's Revenue, along with its competitors' market caps and Revenue 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 Revenue Distribution in the REITs Industry

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

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



Mid-America Apartment Communities Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was R$10,687 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) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Mid-America Apartment Communities Revenue 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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