Mid-America Apartment Communities Inc.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.55B | $1.53B | $1.09B | $980.2M | $889.6M | $600.8M | $497.2M | $417.9M |
| Rental Revenues | $1.42B | — | $990.8M | $888.3M | $808.2M | $545.4M | — | $377.3M |
| Other Property Revenues | $129.1M | — | $97.3M | $91.9M | $81.4M | $55.4M | — | $40.6M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $38.9M | $40.2M | — | — | — | — | $13.8M | $18.1M |
| Operating Income | $405.4M | $496.5M | — | — | — | — | $130.3M | $95.2M |
| Operating Margin | 26.2% | 32.5% | — | — | — | — | 26.2% | 22.8% |
| Interest Expense | $173.6M | $154.8M | — | — | — | — | $58.8M | $57.4M |
| Pretax Income | $231.8M | $341.8M | — | — | — | — | $67.8M | $35.4M |
| Income Tax Expense | $2.6M | $2.6M | — | — | — | — | — | — |
| Net Income | $222.9M | $328.4M | — | — | — | — | $105.2M | $48.8M |
| Net Margin | 14.4% | 21.5% | — | — | — | — | 21.2% | 11.7% |
| EPS (Basic) | $1.93 | $2.86 | — | — | — | — | $2.56 | $1.32 |
| EPS (Diluted) | $1.93 | $2.86 | — | — | — | — | $2.56 | $1.31 |
| Shares Outstanding (Basic) | 113.6M | 113.4M | 113.5M | 75.4M | 75.3M | 74.8M | 41.0M | 37.0M |
| Shares Outstanding (Diluted) | 113.8M | 113.7M | 113.5M | 75.4M | 75.3M | 74.8M | 42.9M | 39.1M |
| Dividends Per Share | $3.73 | $3.53 | — | — | — | — | $2.68 | $2.54 |