Mid Gross Profit from 2010 to 2024

MAA Stock  USD 163.16  1.18  0.73%   
Mid America's Gross Profit is increasing over the years with slightly volatile fluctuation. Overall, Gross Profit is expected to go to about 784.9 M this year. Gross Profit is the profit Mid America Apartment Communities makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
1994-03-31
Previous Quarter
178.4 M
Current Value
474 M
Quarterly Volatility
87.3 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Mid America financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mid America's main balance sheet or income statement drivers, such as Depreciation And Amortization of 308.7 M, Interest Expense of 79.9 M or Selling General Administrative of 42.9 M, as well as many indicators such as Price To Sales Ratio of 3.93, Dividend Yield of 0.0686 or PTB Ratio of 1.68. Mid financial statements analysis is a perfect complement when working with Mid America Valuation or Volatility modules.
  
Check out the analysis of Mid America Correlation against competitors.

Latest Mid America's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Mid America Apartment Communities over the last few years. Gross profit is a required income statement account that reflects total revenue of Mid America Apartment Communities minus its cost of goods sold. It is profit before Mid America operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Mid America's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mid America's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.23 B10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Mid Gross Profit Regression Statistics

Arithmetic Mean437,017,533
Geometric Mean364,397,494
Coefficient Of Variation51.16
Mean Deviation182,186,498
Median458,548,000
Standard Deviation223,561,419
Sample Variance49979.7T
Range733.6M
R-Value0.98
Mean Square Error2348.6T
R-Squared0.96
Slope48,887,032
Total Sum of Squares699715.9T

Mid Gross Profit History

2024784.9 M
2023747.5 M
2022753.2 M
2021573.5 M
2020526.7 M
2019531.3 M
2018487 M

Other Fundumenentals of Mid America Apartment

Mid America Gross Profit component correlations

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0.990.85-0.810.860.460.340.420.65-0.07-0.010.050.040.640.640.980.870.910.29-0.05-0.39-0.580.42
0.880.85-0.721.00.440.520.140.680.160.1-0.32-0.070.630.590.880.650.820.22-0.040.07-0.40.29
-0.83-0.81-0.72-0.74-0.36-0.2-0.55-0.690.390.310.19-0.3-0.7-0.69-0.82-0.62-0.720.05-0.210.470.81-0.61
0.880.861.0-0.740.440.520.170.690.130.09-0.31-0.050.650.60.890.660.830.21-0.010.06-0.430.33
0.440.460.44-0.360.440.25-0.060.180.23-0.190.020.310.480.140.470.530.46-0.180.21-0.01-0.080.48
0.390.340.52-0.20.520.25-0.070.010.360.68-0.3-0.330.36-0.060.330.060.110.290.180.160.170.23
0.420.420.14-0.550.17-0.06-0.070.28-0.84-0.270.320.310.350.380.430.330.35-0.020.3-0.62-0.590.63
0.650.650.68-0.690.690.180.010.28-0.18-0.32-0.14-0.080.220.980.70.570.790.290.32-0.1-0.590.43
-0.07-0.070.160.390.130.230.36-0.84-0.180.52-0.24-0.51-0.22-0.29-0.09-0.04-0.060.33-0.350.540.5-0.49
0.0-0.010.10.310.09-0.190.68-0.27-0.320.52-0.07-0.67-0.07-0.38-0.06-0.16-0.250.56-0.10.260.42-0.32
-0.020.05-0.320.19-0.310.02-0.30.32-0.14-0.24-0.070.15-0.060.030.060.270.090.170.07-0.34-0.050.08
0.030.04-0.07-0.3-0.050.31-0.330.31-0.08-0.51-0.670.150.57-0.020.090.140.06-0.880.02-0.29-0.450.35
0.660.640.63-0.70.650.480.360.350.22-0.22-0.07-0.060.570.20.690.560.49-0.35-0.03-0.2-0.560.42
0.640.640.59-0.690.60.14-0.060.380.98-0.29-0.380.03-0.020.20.690.570.780.290.36-0.22-0.630.47
0.970.980.88-0.820.890.470.330.430.7-0.09-0.060.060.090.690.690.890.930.260.01-0.27-0.620.47
0.810.870.65-0.620.660.530.060.330.57-0.04-0.160.270.140.560.570.890.870.28-0.11-0.26-0.570.4
0.880.910.82-0.720.830.460.110.350.79-0.06-0.250.090.060.490.780.930.870.27-0.02-0.18-0.550.41
0.270.290.220.050.21-0.180.29-0.020.290.330.560.17-0.88-0.350.290.260.280.270.030.030.13-0.1
-0.03-0.05-0.04-0.21-0.010.210.180.30.32-0.35-0.10.070.02-0.030.360.01-0.11-0.020.03-0.08-0.130.72
-0.39-0.390.070.470.06-0.010.16-0.62-0.10.540.26-0.34-0.29-0.2-0.22-0.27-0.26-0.180.03-0.080.54-0.35
-0.58-0.58-0.40.81-0.43-0.080.17-0.59-0.590.50.42-0.05-0.45-0.56-0.63-0.62-0.57-0.550.13-0.130.54-0.51
0.420.420.29-0.610.330.480.230.630.43-0.49-0.320.080.350.420.470.470.40.41-0.10.72-0.35-0.51
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About Mid America Financial Statements

Mid America stakeholders use historical fundamental indicators, such as Mid America's Gross Profit, to determine how well the company is positioned to perform in the future. Although Mid America investors may analyze each financial statement separately, they are all interrelated. For example, changes in Mid America's assets and liabilities are reflected in the revenues and expenses on Mid America's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Mid America Apartment Communities. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit747.5 M784.9 M
Gross Profit Margin 0.35  0.44 

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When determining whether Mid America Apartment offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mid America's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mid America Apartment Communities Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mid America Apartment Communities Stock:
Check out the analysis of Mid America Correlation against competitors.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Multi-Family Residential REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mid America. If investors know Mid will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mid America listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.039
Dividend Share
5.81
Earnings Share
4.44
Revenue Per Share
18.705
Quarterly Revenue Growth
0.017
The market value of Mid America Apartment is measured differently than its book value, which is the value of Mid that is recorded on the company's balance sheet. Investors also form their own opinion of Mid America's value that differs from its market value or its book value, called intrinsic value, which is Mid America's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mid America's market value can be influenced by many factors that don't directly affect Mid America's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mid America's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mid America is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mid America's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.