Mid-America Apartment Communities (MAA) Revenue — Quarter Ended Dec 31, 2023
Revenue in the reported quarter was essentially unchanged from the immediately preceding quarter, while it increased compared to the same quarter a year ago. The company's trailing twelve-month revenue remained stable relative to the preceding twelve-month period.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue in the reported quarter was essentially unchanged from the immediately preceding quarter, while it increased compared to the same quarter a year ago. The company's trailing twelve-month revenue remained stable relative to the preceding twelve-month period.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$542.2M
Revenue reported for this quarter.
Quarter-over-quarter
+0.0%
Change from the immediately preceding quarter.
Year-over-year
+2.7%
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 |
|---|---|---|
| Mar 31, 2023 | $529M | +11.1% |
| Jun 30, 2023 | $535.1M | +8.1% |
| Sep 30, 2023 | $542M | +4.1% |
| Dec 31, 2023 | $542.2M | +2.7% |
Revenue performance
The flat sequential revenue reflects a slowdown from the prior quarters' growth pace observed earlier in the fiscal year.
Quarterly comparison
Compared to the preceding quarter, revenue was level; versus the same period one year earlier, revenue showed an increase.
What to watch
Monitor whether the company can sustain year-over-year revenue growth in future periods.