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MID AMERICA APARTMENT COMMUNITIES INC. (MAA)

For the quarter ending 2025-06-30.

Overview

Net Income
$107,205K
EPS
$0.92
Unit: Thousand (K) dollars

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-06-30
2025-03-31
2024-09-30
2024-06-30
Rental and other property revenues- 549,295 - -
Other non-operating income- 834 - -
Property management expenses- 20,578 - -
Interest expense- 45,161 - -
General and administrative expenses- 15,619 - -
(gain) loss on sale of depreciable real estate assets- 71,911 - -
Real estate taxes and insurance- 76,398 - -
Depreciation and amortization- 152,350 - -
Operating expenses, excluding real estate taxes and insurance- 124,955 - -
Total property operating expenses- 353,703 - -
Income before income tax expense110,945 186,979 118,446 105,213
Income tax expense600 1,038 670 1,020
Income from continuing operations before real estate joint venture activity110,345 185,941 117,776 104,193
Income from real estate joint venture530 465 454 469
Profit Loss110,875 186,406 118,230 104,662
Net income attributable to noncontrolling interests2,748 4,733 3,035 2,709
Net income108,127 181,673 115,195 101,953
Dividends to maa series i preferred shareholders922 922 922 922
Net income available for maa common shareholders107,205 180,751 114,273 103,740
Net income available for maa common shareholders- - - 103,740
Weighted average number of shares outstanding, diluted- - - 119,888,000
Earnings per common share - basic0.92 1.55 0.98 -
Earnings per common share - diluted0.92 1.54 0.98 -
Weighted average common shares - basic116,976,000 116,840,000 116,820,000 -
Weighted average common shares - diluted117,163,000 117,092,000 116,820,000 -
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

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Income before incometax expense$110,945K (5.45%↑ Y/Y)Income from continuingoperations before real...$110,345K (5.90%↑ Y/Y)Income from real estatejoint venture$530K (13.01%↑ Y/Y)Income tax expense$600K (-41.18%↓ Y/Y)Profit Loss$110,875K (5.94%↑ Y/Y)Net income$108,127K (6.06%↑ Y/Y)Net incomeattributable to...$2,748K (1.44%↑ Y/Y)Net incomeavailable for maa common...$107,205K Dividends to maa series ipreferred shareholders$922K (0.00%↑ Y/Y)