Income Statement - MID AMERICA APARTMENT COMMUNITIES INC. (MAA)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 2,209.13 | 2,191.02 | 2,148.47 | 2,019.87 | 1,778.08 | 1,677.98 | 1,641.02 | 1,571.35 | 1,528.99 | 1,125.35 | 1,042.78 | 989.30 | 634.73 | 497.17 | 448.99 | 402.23 | 378.54 | 369.85 | 352.96 | 326.00 |
| Cost of revenue | 1,506.06 | 1,477.75 | 1,400.99 | 1,332.16 | 1,260.33 | 1,203.61 | 1,164.70 | 1,131.98 | 1,114.03 | 780.41 | 726.16 | 727.26 | 463.70 | 336.64 | 299.55 | 280.01 | 159.71 | 155.31 | 227.07 | 75.83 |
| Gross profit | 703.07 | 713.27 | 747.48 | 687.71 | 517.75 | 474.37 | 476.32 | 439.37 | 414.96 | 344.94 | 316.62 | 265.08 | 171.80 | 139.25 | 110.24 | 100.13 | 218.84 | 214.70 | 120.27 | 326.00 |
| Total operating expenses | 83.63 | 56.52 | 58.58 | 58.83 | 52.88 | 46.86 | 43.85 | 38.86 | 60.18 | 72.79 | 25.72 | 34.84 | 54.47 | 15.34 | 21.44 | 14.87 | 125.51 | 118.80 | 28.73 | 238.67 |
| Operating income | 619.44 | 656.75 | 688.90 | 628.88 | 464.87 | 427.51 | 432.47 | 400.51 | 354.78 | 272.15 | 290.91 | 230.23 | 117.33 | 123.90 | 88.80 | 85.27 | 93.33 | 95.90 | 91.55 | 87.33 |
| Non-operating income (net) | -159.27 | -111.89 | -118.06 | 18.11 | 98.26 | -161.67 | -63.81 | -168.71 | -12.99 | -46.29 | 61.51 | -85.12 | -79.50 | -56.12 | -39.97 | -55.50 | -56.12 | -65.65 | -51.60 | -66.39 |
| Income before tax | 460.17 | 544.87 | 570.85 | 646.99 | 563.13 | 265.84 | 368.66 | 231.80 | 341.79 | 225.86 | 352.42 | 145.11 | 37.83 | 67.79 | 48.82 | 29.76 | 37.21 | 30.25 | 39.95 | 20.95 |
| Income tax expense | 4.60 | 5.24 | 4.74 | -6.21 | 13.64 | 3.33 | 3.70 | 2.61 | 2.62 | 1.70 | 1.67 | 2.05 | 0.89 | -37.44 | -48.82 | -29.76 | -37.21 | -30.25 | -39.95 | -20.95 |
| Net income | 446.91 | 527.54 | 552.81 | 637.44 | 533.79 | 254.62 | 353.81 | 222.90 | 328.38 | 212.22 | 332.29 | 147.98 | 115.28 | 105.22 | 48.82 | 29.76 | 37.21 | 30.25 | 39.95 | 20.95 |
Show Quarterly Income Statement
Income Statement - MID AMERICA APARTMENT COMMUNITIES INC. (MAA)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 553.73 | 555.56 | 554.37 | 549.90 | 549.30 | 549.83 | 551.13 | 546.44 | 543.62 | 542.25 | 542.04 | 535.15 | 529.03 | 527.97 | 520.78 | 495.04 | 476.08 | 463.58 | 452.58 | 436.93 | 425.01 | 423.66 | 423.20 | 413.03 | 418.10 | 416.82 | 415.63 | 407.39 | 401.18 | 398.15 | 397.11 | 390.07 | 386.02 | 382.74 | 384.55 | 382.79 | 378.91 | 307.20 | 276.90 | 272.24 | 269.02 | 263.34 | 262.00 | 258.89 | 257.81 | 252.47 | 248.78 | 244.55 | 243.49 | 239.61 | 136.44 | 134.11 | 133.37 | 132.42 | 127.11 | 123.92 | 119.63 | 115.83 | 115.83 | 110.49 | 107.34 | 104.48 | 101.38 | 98.90 | 97.46 | 95.99 | 94.52 | 94.43 | 93.60 | 94.84 | 93.42 | 92.83 | 92.14 | 91.02 | 90.16 | 86.78 | 84.99 | 84.89 | 82.75 | 80.36 | 78.65 |
| Cost of revenue | 205.57 | 355.19 | 390.90 | 385.69 | 374.28 | 373.36 | 375.55 | 368.02 | 360.82 | 350.14 | 362.22 | 349.40 | 339.23 | 336.45 | 344.56 | 331.45 | 319.70 | 317.80 | 321.28 | 314.34 | 175.41 | 302.84 | 182.51 | 169.20 | 167.82 | 289.03 | 298.12 | 291.54 | 286.01 | 280.31 | 290.59 | 283.05 | 278.03 | 271.31 | 277.39 | 283.07 | 282.25 | 216.88 | 191.51 | 187.01 | 185.01 | 179.34 | 182.33 | 182.24 | 182.25 | 176.73 | 178.53 | 177.11 | 194.39 | 189.13 | 93.43 | 90.27 | 87.82 | 200.98 | 87.73 | 84.54 | 83.51 | 47.87 | 47.98 | 45.72 | 44.33 | -31.21 | 44.88 | 42.37 | 41.55 | 137.04 | 66.05 | 62.74 | 61.88 | 130.02 | 40.96 | 59.96 | 58.82 | 65.13 | 36.41 | 36.47 | 99.81 | 75.83 | 281.96 | 93.94 | 55.44 |
| Gross profit | 348.15 | 200.36 | 163.48 | 164.22 | 175.01 | 176.47 | 175.58 | 178.42 | 182.81 | 192.11 | 179.82 | 185.75 | 189.80 | 191.52 | 176.22 | 163.59 | 156.38 | 145.77 | 131.30 | 122.59 | 249.60 | 120.83 | 240.69 | 243.83 | 250.28 | 127.79 | 117.51 | 115.85 | 115.17 | 117.84 | 106.52 | 107.02 | 107.99 | 111.42 | 107.16 | 99.72 | 96.66 | 90.32 | 85.39 | 85.23 | 84.00 | 84.00 | 79.67 | 76.65 | 76.30 | 75.74 | 71.04 | 68.20 | 49.10 | 47.35 | 41.98 | 41.54 | 40.10 | -68.55 | 35.46 | 34.47 | 32.78 | 67.96 | 62.34 | 61.48 | 60.62 | 135.69 | 56.00 | 56.02 | 55.91 | -41.05 | 28.95 | 31.82 | 31.78 | -35.19 | 52.83 | 31.48 | 31.93 | 91.02 | 52.02 | 50.31 | 84.99 | 84.89 | 82.18 | 79.80 | 77.39 |
| Total operating expenses | 201.05 | 42.67 | 12.53 | 12.81 | 15.62 | 14.07 | 12.73 | 12.67 | 17.05 | 15.25 | 13.52 | 13.88 | 15.92 | 14.74 | 12.19 | 15.58 | 16.32 | 14.12 | 12.67 | 13.11 | 12.98 | 11.68 | 11.36 | 10.56 | 13.26 | 10.89 | 10.23 | 10.40 | 12.34 | 9.06 | 8.26 | 12.04 | 13.93 | 14.95 | 12.49 | 13.74 | 19.00 | 46.47 | 11.60 | 7.44 | 7.30 | 7.24 | 6.54 | 7.82 | 6.91 | 7.47 | 7.00 | 10.11 | 10.27 | 32.03 | 9.57 | 9.62 | 3.25 | -105.84 | 4.87 | 4.33 | 2.81 | 41.16 | 37.54 | 39.43 | 37.19 | 69.62 | 34.83 | 32.89 | 32.14 | -63.02 | 22.11 | 7.30 | 6.70 | -59.36 | 29.79 | 7.22 | 7.18 | 66.13 | 28.28 | 28.04 | 63.32 | 63.50 | 60.58 | 57.91 | 55.44 |
| Operating income | 147.11 | 157.69 | 150.95 | 151.40 | 159.40 | 162.40 | 162.85 | 165.75 | 165.76 | 176.86 | 166.30 | 171.87 | 173.88 | 176.78 | 164.03 | 148.01 | 140.06 | 131.65 | 118.63 | 109.48 | 236.62 | 109.15 | 229.33 | 233.27 | 237.02 | 116.90 | 107.29 | 105.45 | 102.83 | 108.78 | 98.26 | 94.99 | 94.06 | 96.47 | 94.67 | 85.98 | 77.66 | 43.86 | 73.79 | 77.79 | 76.71 | 76.76 | 73.14 | 68.84 | 69.39 | 68.28 | 64.04 | 58.09 | 38.83 | 15.32 | 32.41 | 31.92 | 36.85 | 37.29 | 30.59 | 30.14 | 29.96 | 26.80 | 24.80 | 22.05 | 23.43 | 66.08 | 21.17 | 23.14 | 23.77 | 21.97 | 6.84 | 24.53 | 25.08 | 24.17 | 23.05 | 24.26 | 24.75 | 24.89 | 23.74 | 22.27 | 21.67 | 21.39 | 21.60 | 21.89 | 21.95 |
| Non-operating income (net) | -15.24 | -99.26 | -47.14 | -40.46 | 27.58 | 9.89 | -44.40 | -60.53 | -16.84 | -11.36 | -53.22 | -19.73 | -33.75 | 21.25 | -39.93 | 65.09 | -28.30 | 66.76 | -29.03 | 116.12 | -186.76 | -22.40 | -166.63 | -154.34 | -198.40 | 39.04 | -24.71 | -41.06 | -36.63 | -45.05 | -43.34 | -32.79 | -43.10 | 31.89 | 24.59 | -35.53 | -33.95 | -1.51 | 15.57 | -29.61 | -30.74 | -31.15 | 24.20 | 75.46 | -4.66 | -31.47 | 3.61 | -31.19 | -31.84 | -30.73 | -15.85 | -14.96 | -14.90 | -14.98 | 0.27 | -13.68 | -14.11 | -8.04 | -11.00 | -14.38 | -14.27 | -59.14 | -14.43 | -16.48 | -14.36 | -12.67 | 13.89 | -0.99 | -13.95 | -16.44 | -16.85 | -15.61 | -17.07 | -17.29 | -11.84 | -13.15 | -10.35 | -17.09 | -15.97 | -15.99 | -16.82 |
| Income before tax | 131.87 | 58.43 | 103.81 | 110.95 | 186.98 | 172.28 | 118.45 | 105.21 | 148.92 | 165.50 | 113.08 | 152.14 | 140.13 | 198.03 | 124.11 | 213.10 | 111.76 | 198.41 | 89.59 | 225.60 | 49.86 | 86.75 | 62.70 | 78.93 | 38.62 | 155.94 | 82.57 | 64.39 | 66.20 | 63.73 | 54.92 | 62.20 | 50.96 | 128.37 | 119.26 | 50.44 | 43.71 | 42.34 | 89.36 | 48.19 | 45.97 | 45.62 | 97.34 | 144.29 | 64.74 | 36.81 | 67.65 | 26.91 | 6.99 | -15.41 | 16.56 | 16.96 | 21.95 | 22.31 | 30.87 | 16.46 | 15.85 | 18.76 | 13.79 | 7.67 | 9.16 | 6.94 | 6.75 | 6.66 | 9.41 | 9.31 | 20.73 | 23.53 | 11.14 | 7.73 | 6.19 | 8.64 | 7.68 | 7.60 | 11.90 | 9.12 | 11.32 | 4.30 | 5.63 | 5.89 | 5.13 |
| Income tax expense | 5.52 | 1.19 | 1.77 | 0.60 | 1.04 | 1.76 | 0.67 | 1.02 | 1.80 | 1.15 | -0.21 | 2.86 | 0.94 | -0.46 | -1.26 | -3.05 | -1.44 | 7.79 | 2.80 | 2.05 | 1.00 | 0.80 | 0.67 | 1.20 | 0.67 | 0.88 | 1.49 | 0.68 | 0.64 | 0.79 | 0.62 | 0.57 | 0.64 | 0.71 | 0.64 | 0.62 | 0.65 | 0.50 | 0.45 | 0.46 | 0.29 | 0.25 | 0.51 | 0.40 | 0.51 | 0.82 | 0.44 | 0.52 | 0.27 | 0.22 | -27.73 | -42.13 | 0.77 | -22.31 | -30.87 | -11.70 | -8.04 | -18.76 | -13.79 | 0.24 | 0.31 | -6.94 | -6.75 | -6.66 | -9.41 | -9.31 | 14.87 | 14.33 | -11.14 | -7.73 | -6.19 | -8.64 | -7.68 | -7.60 | -11.90 | -9.12 | -11.32 | -4.30 | -5.63 | -5.89 | -5.13 |
| Net income | 124.36 | 57.57 | 99.54 | 108.13 | 181.67 | 166.65 | 115.20 | 101.95 | 143.75 | 160.48 | 110.73 | 145.69 | 135.91 | 193.62 | 122.31 | 210.70 | 110.80 | 185.64 | 84.48 | 216.48 | 47.14 | 83.34 | 59.83 | 75.06 | 36.60 | 149.59 | 78.65 | 61.92 | 63.66 | 61.28 | 52.79 | 59.81 | 49.02 | 123.45 | 114.71 | 48.32 | 41.91 | 39.39 | 84.28 | 45.14 | 43.41 | 42.99 | 91.73 | 136.30 | 61.27 | 34.53 | 66.98 | 31.61 | 14.87 | -9.27 | 44.28 | 59.09 | 21.18 | 22.31 | 30.87 | 28.16 | 23.89 | 18.76 | 13.79 | 7.43 | 8.84 | 6.94 | 6.75 | 6.66 | 9.41 | 9.31 | 6.62 | 10.15 | 11.14 | 7.73 | 6.19 | 8.64 | 7.68 | 7.60 | 11.90 | 9.12 | 11.32 | 4.30 | 5.63 | 5.89 | 5.13 |