Mid-America Apartment Communities (LTS:0K1E) Net Income (Continuing Operations) : $576 Mil (TTM As of Mar. 2024)

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What is Mid-America Apartment Communities Net Income (Continuing Operations)?

Net Income (Continuing Operations) indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. Mid-America Apartment Communities's Net Income (Continuing Operations) for the three months ended in Mar. 2024 was $148 Mil. Its Net Income (Continuing Operations) for the trailing twelve months (TTM) ended in Mar. 2024 was $576 Mil.

Mid-America Apartment Communities Net Income (Continuing Operations) Historical Data

The historical data trend for Mid-America Apartment Communities's Net Income (Continuing Operations) 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 Net Income (Continuing Operations) Chart

Mid-America Apartment Communities Annual Data

Trend

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Dec23

Net Income (Continuing Operations)

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366.62

264.02

550.70

654.78

567.83

Mid-America Apartment Communities Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Income (Continuing Operations)	Get a 7-Day Free Trial															139.57	149.66	113.73	164.87	147.61

Mid-America Apartment Communities Net Income (Continuing Operations) Calculation

Net Income (Continuing Operations) indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period.

Net Income (Continuing Operations) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $576 Mil.

Mid-America Apartment Communities (LTS:0K1E) Net Income (Continuing Operations) Explanation

Net Income (Continuing Operations) excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

Mid-America Apartment Communities Net Income (Continuing Operations) Related Terms

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Mid-America Apartment Communities (LTS:0K1E) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Mid-America Apartment Communities Inc (LTS:0K1E) » Definitions » Net Income (Continuing Operations)

Comparable Companies

Traded in Other Exchanges

MAApI.PFD:USA MAA:USA M2K:Germany M1AA34:Brazil

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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