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Income Statement Highlights for MAA


Sales and Profits

Educational Information

Revenue is a company's gross amount of money made, sometimes refered to as the 'top line'-item, or Sales.
Net Income, also refered to as Profits, Earnings, or the 'bottom line', is the money that's left after all bills are paid.
Both 'line'-phrases refer to the stats' relative position on an Income Statement.
Profit Margin is just Net Income divided by Revenue for the given year.


Category Year Revenue Revenue GR Net Income Net Income GR Profit Margin
Average 6.631% 29.674% 21.280%
2023 $2,148,468,000 6.367% $552,806,000 -13.277% 25.730%
2022 $2,019,866,000 13.598% $637,436,000 19.417% 31.560%
2021 $1,778,082,000 5.965% $533,791,000 109.361% 30.020%
2020 $1,677,984,000 2.253% $254,962,000 -27.938% 15.190%
2019 $1,641,017,000 4.434% $353,811,000 58.732% 21.560%
2018 $1,571,346,000 2.770% $222,899,000 -32.121% 14.190%
2017 $1,528,987,000 207.541% $328,379,000 212.079% 21.480%
2016 $497,165,000 0.000% $105,223,000 0.000% 21.160%
2013 $497,165,000 0.000% $105,223,000 0.000% 21.160%
2012 $497,165,000 10.729% $105,223,000 115.528% 21.160%

EPS-Related Stats

Educational Information

Earnings per Share is just the Net Income divided by the number of Shares Outstanding.
Some companies report EPS to the SEC and some don't, so we've included a calculated version to provide context when reported values are lacking.
If all shares data is unfound in SEC records, shares outstanding null values have been replaced with one (1), which may skew EPS calculations dramatically.


Category Year Shares Shares GR Reported EPS Reported EPS GR Calculated EPS Calculated EPS GR
Average 2.355% $2.06/share 21.836% $1.97/share 5.086%
2023 116,521,000 1.020% $4.71/share -14.208% $4.74/share -14.286%
2022 115,344,000 0.547% $5.49/share 18.831% $5.53/share 18.925%
2021 114,717,000 0.463% $4.62/share 110.000% $4.65/share 108.520%
2020 114,188,000 0.293% $2.20/share -28.339% $2.23/share -28.296%
2019 113,854,000 0.190% $3.07/share 59.067% $3.11/share 58.673%
2018 113,638,000 0.204% $1.93/share -32.517% $1.96/share -32.414%
2017 113,407,000 176.340% $2.86/share 11.719% $2.90/share 13.281%
2016 41,039,000 0.000% $/share % $2.56/share 0.000%
2013 41,039,000 0.000% $/share % $2.56/share 0.000%
2012 41,039,000 10.931% $2.56/share 93.939% $2.56/share 93.939%

REIT-related Stats

Educational Information

FFO is the REIT-equivalent of Net Income, and we use that to calculate REIT EPS: FFO divided by Shares Outstanding.
We don't have the necessary data available at this time to calculate AFFO, Adjusted Funds from Operations, which is a more accurate Net Income proxy for REITS.
However, the FFO numbers here can be used as a reliable substitute in lieu of that current deficiency in our models.
If the company you're looking at isn't a REIT, this table can be ignored altogether.
If stats on sales of property weren't found, null values were replaced with zero (0), which may skew FFO calculations.


Category Year FFO FFO GR Shares Shares GR REIT EPS REIT EPS GR
Average 9.361% 2.355% $5.65/share 7.173%
2023 $1,118,725,000 15.729% 116,521,000 1.020% $9.60/share 14.560%
2022 $966,678,000 14.025% 115,344,000 0.547% $8.38/share 13.405%
2021 $847,778,000 10.585% 114,717,000 0.463% $7.39/share 10.075%
2020 $766,631,000 -0.517% 114,188,000 0.293% $6.71/share -0.808%
2019 $770,613,000 7.939% 113,854,000 0.190% $6.77/share 7.734%
2018 $713,933,000 2.645% 113,638,000 0.204% $6.28/share 2.437%
2017 $695,533,000 192.957% 113,407,000 176.340% $6.13/share 6.013%
2016 $237,418,000 0.000% 41,039,000 0.000% $5.79/share 0.000%
2013 $237,418,000 0.000% 41,039,000 0.000% $5.79/share 0.000%
2012 $237,418,000 41.194% 41,039,000 10.931% $5.79/share 27.281%