Mid-America Apartment Communities (MAA) Revenue — Quarter Ended Sep 30, 2023
Revenue for the reported quarter increased compared to the preceding quarter. It also rose versus the same quarter one year earlier.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue for the reported quarter increased compared to the preceding quarter. It also rose versus the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$542M
Revenue reported for this quarter.
Quarter-over-quarter
+1.3%
Change from the immediately preceding quarter.
Year-over-year
+4.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$2.1B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $528M | +13.9% |
| Mar 31, 2023 | $529M | +11.1% |
| Jun 30, 2023 | $535.1M | +8.1% |
| Sep 30, 2023 | $542M | +4.1% |
Revenue performance
The company reported higher revenue in the current quarter, reflecting continued growth in its operations.
Quarterly comparison
Revenue was up from the immediately preceding quarter and also advanced compared to the same quarter a year ago.
What to watch
The rate of year-over-year revenue expansion has moderated over recent quarters, warranting attention.