Mid-America Apartment Communities (BSP:M1AA34) Tax Rate % : 0.69% (As of Dec. 2023)

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What is Mid-America Apartment Communities Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Mid-America Apartment Communities's Tax Expense for the three months ended in Dec. 2023 was R$6 Mil. Mid-America Apartment Communities's Pre-Tax Income for the three months ended in Dec. 2023 was R$811 Mil. Therefore, Mid-America Apartment Communities's Tax Rate % for the quarter that ended in Dec. 2023 was 0.69%.

Mid-America Apartment Communities Tax Rate % Historical Data

The historical data trend for Mid-America Apartment Communities's Tax Rate % 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.

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Mid-America Apartment Communities Tax Rate % Chart

Mid-America Apartment Communities Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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1.00

1.25

2.42

-0.96

0.83

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
Tax Rate %	Get a 7-Day Free Trial															-0.23	0.67	1.88	-0.18	0.69

Mid-America Apartment Communities Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

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

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	23.245	/	2797.026
	=	0.83 %

Mid-America Apartment Communities's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	5.625	/	810.917
	=	0.69 %

Mid-America Apartment Communities Tax Rate % Related Terms

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

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Mid-America Apartment Communities Inc (BSP:M1AA34) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

MAApI.PFD:USA MAA:USA M2K:Germany

Address

6815 Poplar Avenue, Suite 500, Germantown, TN, USA, 38138

Website

https://www.maac.com

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.

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