Mid-America Apartment Communities (MAA) Revenue — Quarter Ended Dec 31, 2024
Revenue for the quarter decreased slightly compared to the prior period, but showed an increase relative to the same quarter last year. The annual trend indicates a modest growth trajectory.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue for the quarter decreased slightly compared to the prior period, but showed an increase relative to the same quarter last year. The annual trend indicates a modest growth trajectory.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$549.8M
Revenue reported for this quarter.
Quarter-over-quarter
-0.2%
Change from the immediately preceding quarter.
Year-over-year
+1.4%
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 |
|---|---|---|
| Mar 31, 2024 | $543.6M | +2.8% |
| Jun 30, 2024 | $546.4M | +2.1% |
| Sep 30, 2024 | $551.1M | +1.7% |
| Dec 31, 2024 | $549.8M | +1.4% |
Revenue performance
The reported revenue experienced a marginal decline from the preceding quarter, contrasting with the growth observed in earlier periods of the year.
Quarterly comparison
Compared to the immediately prior quarter, revenue edged lower, while compared to the same quarter a year ago, it was higher.
What to watch
The sequential decline after several quarters of growth warrants attention for future revenue trends.