Mid-America Apartment Communities (MAA) Revenue — Quarter Ended Sep 30, 2024
Revenue increased sequentially and year over year, marking another quarter of growth. The company continues to see higher revenue compared to both the preceding quarter and the same period a year ago.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue increased sequentially and year over year, marking another quarter of growth. The company continues to see higher revenue compared to both the preceding quarter and the same period a year ago.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$551.1M
Revenue reported for this quarter.
Quarter-over-quarter
+0.9%
Change from the immediately preceding quarter.
Year-over-year
+1.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$2.2B
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, 2023 | $542.2M | +2.7% |
| Mar 31, 2024 | $543.6M | +2.8% |
| Jun 30, 2024 | $546.4M | +2.1% |
| Sep 30, 2024 | $551.1M | +1.7% |
Revenue performance
The reported revenue reflects a positive direction, with growth observed in the latest quarter.
Quarterly comparison
Revenue rose compared to the immediately preceding quarter and also improved relative to the same quarter one year earlier.
What to watch
Monitor whether the company can sustain its revenue growth trajectory in future quarters.