Mid-America Apartment Communities, Inc.
MAAFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
2,191
Cost of Revenue
1,478
Gross Profit
713
Gross Margin
32.6%
Operating Income
657
Operating Margin
30.0%
Net Income
528
Net Margin
24.1%
EPS (Basic)
$4.49
EPS (Diluted)
$4.49
EBITDA
1,300
EBITDA Margin
59.3%
2023
12/31/2023
Revenue
2,148
Cost of Revenue
1,401
Gross Profit
747
Gross Margin
34.8%
Operating Income
689
Operating Margin
32.1%
Net Income
553
Net Margin
25.7%
EPS (Basic)
$4.71
EPS (Diluted)
$4.71
EBITDA
1,286
EBITDA Margin
59.9%
2022
12/31/2022
Revenue
2,020
Cost of Revenue
1,332
Gross Profit
688
Gross Margin
34.0%
Operating Income
629
Operating Margin
31.1%
Net Income
637
Net Margin
31.6%
EPS (Basic)
$5.49
EPS (Diluted)
$5.48
EBITDA
1,346
EBITDA Margin
66.6%
2021
12/31/2021
Revenue
1,778
Cost of Revenue
1,260
Gross Profit
518
Gross Margin
29.1%
Operating Income
465
Operating Margin
26.1%
Net Income
534
Net Margin
30.0%
EPS (Basic)
$4.62
EPS (Diluted)
$4.61
EBITDA
1,254
EBITDA Margin
70.5%
2020
12/31/2020
Revenue
1,678
Cost of Revenue
1,204
Gross Profit
474
Gross Margin
28.3%
Operating Income
428
Operating Margin
25.5%
Net Income
255
Net Margin
15.2%
EPS (Basic)
$2.20
EPS (Diluted)
$2.19
EBITDA
945
EBITDA Margin
56.3%