Mid-America Apartment Communities, Inc. Financial Ratios — MAA-PI

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Assets (%)	2.07	3.98	2.4	2.17	4.86	2.3	2.84	1.95	3.14	2.27	4.75	5.66	4.87	4.53	3.76
Return on Capital (%)	10.12	14.43	9.14	8.73	14.39	8.69	11.06	9.99	14.07	11.58	19.19	- -	19.77	18.85	16.3
Return on Invested Capital (%)	4.05	4.91	3.3	3.64	4.35	3.42	3.27	3.6	3.95	3.94	4.25	- -	6.26	5.83	5.4
Gross Margin (%)	26.9	29.26	27.03	26.71	30.36	30.65	27.14	27.96	29.03	28.27	29.12	34.05	34.79	32.55	30.52
EBITDA Margin (%)	51.6	54.15	54.43	55.01	56.18	56.8	56.86	56.74	56.69	55.97	56.2	58.07	58.4	56.74	56.24
Operating Margin (%)	22.48	26.37	24.58	24.61	27.9	28.07	24.51	25.49	26.35	25.48	26.14	31.13	32.06	29.97	28.04
Incremental Operating Margin (%)	14.63	50.48	19.26	24.64	92.65	30.27	14.58	60.78	45.88	-13.42	37.32	67.83	46.67	-75.57	-206.02
Pretax Margin (%)	7.33	13.08	6.02	14.81	33.8	20.07	22.35	14.75	22.47	15.84	31.67	32.03	26.57	24.87	20.78
Profit Margin (%)	11.91	22.11	18.14	14.91	31.87	18.86	21.48	14.19	21.56	15.19	30.02	31.56	25.73	24.08	20.23
Net Income to Common Margin (%)	11.91	22.11	18.14	14.91	31.87	18.83	21.24	13.95	21.34	14.97	29.81	31.38	25.56	23.91	20.06
Effective Tax Rate (%)	2.42	1.29	2.33	1.39	0.47	0.75	0.77	1.13	1	1.25	2.42	- -	0.83	0.96	1
Dvd Payout Ratio (%)	295.8	163.74	337.48	137.62	62.86	105.08	113.26	178.31	116.5	169.78	83.42	80.73	112.53	124.46	153.29
Sustainable Growth Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Credit (USD)

API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	1,650	1,697	3,473	3,572	3,503	4,990	4,502	4,528	4,455	4,563	4,517	4,444	4,568	5,007	5,430
ST Debt	- -	23	- -	59	75	490	410	540	70	172	- -	20	495	250	676
LT Debt	1,650	1,674	3,473	3,513	3,428	4,500	4,092	3,988	4,385	4,391	4,517	4,424	4,073	4,757	4,754
Total Debt/EBITDA	7.8	6.59	10.04	6.54	5.98	7.81	5.18	5.08	4.79	4.86	4.52	3.79	3.64	4.03	4.37
Net Debt/EBITDA	7.53	6.55	9.78	6.49	5.91	7.75	5.17	5.04	4.77	4.83	4.47	3.73	3.59	3.97	4.3
Total Debt/EBIT	17.91	13.52	22.23	14.63	12.04	15.8	12.01	11.31	10.3	10.67	9.72	7.07	6.63	7.62	8.77
Net Debt/EBIT	17.29	13.45	21.66	14.52	11.91	15.69	11.98	11.22	10.25	10.61	9.6	6.96	6.53	7.52	8.63
EBITDA to Interest Expense	3.75	4.45	4.38	4.4	4.79	4.92	5.62	5.14	5.17	5.61	6.37	7.58	8.41	7.38	6.71
EBITDA-CapEx/Interest Expense	-2.91	4.45	4.38	4.4	4.79	4.92	5.62	5.14	5.17	5.61	6.37	7.58	8.41	7.38	6.71
EBIT to Interest Expense	1.63	2.17	1.98	1.97	2.38	2.43	2.42	2.31	2.4	2.55	2.96	4.06	4.62	3.9	3.34
Interest Expense	56	58	79	124	122	130	155	174	180	168	157	155	149	169	185
Common Equity/Total Assets	-24.4	-21.74	-9.47	-10.59	-9.13	-6	-6.73	-8.64	-9.53	-11.41	-10.85	-10.38	-11.13	-12.24	-14.31
Long-Term Debt/Equity (%)	220.7	176.23	111.36	114.88	108.26	67.64	62.15	62.5	69.56	71.93	73.04	71.23	64.65	77.38	81.4
Long-Term Debt/Capital (%)	156.01	148.16	116.08	116.68	112.63	99.29	103.25	105.74	121.62	125.38	129.75	127.8	117.18	127.05	122.75
Long-Term Debt/Total Assets (%)	65.2	60.84	50.76	51.49	50.05	38.78	35.61	35.22	39.04	39.22	40.02	39.35	35.46	40.27	39.7
Total Debt/Equity (%)	220.7	178.65	111.36	116.81	110.63	75.01	68.38	70.96	70.67	74.75	73.04	71.55	72.51	81.45	92.98
Total Debt/Capital (%)	156.01	150.2	116.08	118.64	115.1	110.11	113.6	120.05	123.56	130.29	129.75	128.38	131.42	133.73	140.21
Total Debt/Total Assets (%)	65.2	61.68	50.76	52.36	51.15	43	39.18	39.99	39.67	40.76	40.02	39.53	39.77	42.39	45.34
Net Debt to Equity	213.04	177.69	108.49	115.94	109.44	74.5	68.21	70.42	70.34	74.34	72.16	70.47	71.42	80.32	91.53
Net Debt/Capital (%)	159.22	150.61	116.58	118.81	115.29	110.18	113.64	120.24	123.69	130.51	130.23	127.86	131	133.42	140.2
EBITDA	211	258	346	546	586	639	869	892	930	939	999	1,173	1,255	1,243	1,242
EBITDA-CapEx	-164	258	346	546	586	639	869	892	930	939	999	1,173	1,255	1,243	1,242
Operating Income (Loss)	92	125	156	244	291	316	375	401	432	428	465	629	689	657	619

Liquidity (USD)

API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	0.61	0.09	0.4	0.12	0.16	0.07	0.01	0.04	0.04	0.04	0.09	0.07	0.04	0.05	0.05
Current Ratio	0.63	0.1	0.78	0.24	0.27	0.27	0.12	0.05	0.13	0.05	0.22	0.11	0.05	0.08	0.09
Quick Ratio	0.61	0.09	0.4	0.12	0.16	0.07	0.01	0.04	0.04	0.04	0.09	0.07	0.04	0.05	0.05
CFO/Avg Current Liab	2.03	2.18	1.61	1.72	2.02	1.42	1.04	0.83	1.04	1.33	1.39	1.85	1.4	1.15	0.98
Common Equity/Total Assets	-24.4	-21.74	-9.47	-10.59	-9.13	-6	-6.73	-8.64	-9.53	-11.41	-10.85	-10.38	-11.13	-12.24	-14.31
Long-Term Debt/Equity (%)	220.7	176.23	111.36	114.88	108.26	67.64	62.15	62.5	69.56	71.93	73.04	71.23	64.65	77.38	81.4
Long-Term Debt/Capital (%)	156.01	148.16	116.08	116.68	112.63	99.29	103.25	105.74	121.62	125.38	129.75	127.8	117.18	127.05	122.75
Long-Term Debt/Total Assets (%)	65.2	60.84	50.76	51.49	50.05	38.78	35.61	35.22	39.04	39.22	40.02	39.35	35.46	40.27	39.7
Total Debt/Equity (%)	220.7	178.65	111.36	116.81	110.63	75.01	68.38	70.96	70.67	74.75	73.04	71.55	72.51	81.45	92.98
Total Debt/Capital (%)	156.01	150.2	116.08	118.64	115.1	110.11	113.6	120.05	123.56	130.29	129.75	128.38	131.42	133.73	140.21
Total Debt/Total Assets (%)	65.2	61.68	50.76	52.36	51.15	43	39.18	39.99	39.67	40.76	40.02	39.53	39.77	42.39	45.34
CFO/Total Liabilities	9.66	11.71	6.94	10.24	12.6	9.79	13.46	14.86	15.86	16.18	17.54	21.04	21.93	19.39	17.57
CFO/CapEx	0.46	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	-0.08	-0.02	0.03	0.08	0.13	0.07	0.07	0.04	0.09	0.04	0.09	0.16	0.12	0.11	0.03

Working Capital (USD)

API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Sales Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	153.38	100.84	47.19	61.99	101.44	87.24	186.14	- -	- -	- -	- -	26.12	14.26	14.2	13.83
Accounts Payable Turnover Days	2.38	3.62	7.73	5.89	3.6	4.18	1.96	- -	- -	- -	- -	13.97	25.59	25.71	26.39
Cash Conversion Cycle	-2.38	-3.62	-7.73	-5.89	-3.6	-4.18	-1.96	- -	- -	- -	- -	-13.97	-25.59	-25.71	-26.39
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Cash & Cash Equivalents	57	9	89	27	38	34	11	34	20	25	54	39	41	43	60
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	25	31	167	161	166	238	234	222	221	217	189	185	186	183	156
+ Total Debt	1,650	1,697	3,473	3,572	3,503	4,990	4,502	4,528	4,455	4,563	4,517	4,444	4,568	5,007	5,430
Enterprise Value	1,618	1,719	3,550	3,706	3,631	5,194	4,725	4,716	4,655	4,754	4,651	4,590	4,712	5,147	5,526
Total Capital	1,057	1,130	2,992	3,011	3,043	4,532	3,963	3,772	3,605	3,502	3,481	3,461	3,476	3,744	3,873
Total Debt/Capital (%)	156.01	150.2	116.08	118.64	115.1	110.11	113.6	120.05	123.56	130.29	129.75	128.38	131.42	133.73	140.21
Total Debt / EV	1.02	0.99	0.98	0.96	0.96	0.96	0.95	0.96	0.96	0.96	0.97	0.97	0.97	0.97	0.98
EV/Sales	3.95	3.61	5.59	3.73	3.48	4.62	3.09	3	2.84	2.83	2.62	2.27	2.19	2.35	2.5
EV/EBITDA	7.65	6.67	10.26	6.79	6.2	8.13	5.44	5.29	5	5.06	4.65	3.91	3.76	4.14	4.45
EV/EBIT	17.56	13.7	22.72	15.18	12.48	16.44	12.61	11.78	10.76	11.12	10.01	7.3	6.84	7.84	8.92
EV/Cash Flow to Firm	7.12	6.41	10.58	7.3	6.2	8.46	5.8	5.21	4.85	4.81	4.44	3.78	3.67	4.07	4.38
EV/Free Cash Flow to Firm	2.68	6.41	10.58	7.3	6.2	8.46	5.8	5.21	4.85	4.81	4.44	3.78	3.67	4.07	4.38
Diluted Market Cap	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Enterprise Value	1,618	1,719	3,550	3,706	3,631	5,194	4,725	4,716	4,655	4,754	4,651	4,590	4,712	5,147	5,526
EV per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Sales	410	476	635	992	1,043	1,125	1,529	1,571	1,641	1,678	1,778	2,020	2,148	2,191	2,209
TTM EBITDA	211	258	346	546	586	639	869	892	930	939	999	1,173	1,255	1,243	1,242
TTM Operating Income	92	125	156	244	291	316	375	401	432	428	465	629	689	657	619
TTM Cash Flow to Firm	227	268	336	508	585	614	814	906	959	989	1,048	1,215	1,285	1,265	1,262
TTM Free Cash Flow to Firm	603	268	336	508	585	614	814	906	959	989	1,048	1,215	1,285	1,265	1,262

Multiples (USD)

API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	17.56	13.7	22.72	15.18	12.48	16.44	12.61	11.78	10.76	11.12	10.01	7.3	6.84	7.84	8.92
Enterprise Value	1,618	1,719	3,550	3,706	3,631	5,194	4,725	4,716	4,655	4,754	4,651	4,590	4,712	5,147	5,526
Low Price	- -	- -	- -	- -	- -	60.55	62.35	61.56	60	48.51	60.28	53	52.96	53.14	51.26
EV/Sales	3.95	3.61	5.59	3.73	3.48	4.62	3.09	3	2.84	2.83	2.62	2.27	2.19	2.35	2.5
EV/EBITDA	7.65	6.67	10.26	6.79	6.2	8.13	5.44	5.29	5	5.06	4.65	3.91	3.76	4.14	4.45
Price/Earnings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Free Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Free Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Free Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Sales Average	3.95	3.61	5.59	3.73	3.48	4.62	3.09	3	2.84	2.83	2.62	2.27	2.19	2.35	2.5
EV/Sales High	3.95	3.61	5.59	3.73	3.48	4.62	3.09	3	2.84	2.83	2.62	2.27	2.19	2.35	2.5
EV/Sales Low	3.95	3.61	5.59	3.73	3.48	4.62	3.09	3	2.84	2.83	2.62	2.27	2.19	2.35	2.5
EV/EBITDA Average	7.65	6.67	10.26	6.79	6.2	8.13	5.44	5.29	5	5.06	4.65	3.91	3.76	4.14	4.45
EV/EBITDA High	7.65	6.67	10.26	6.79	6.2	8.13	5.44	5.29	5	5.06	4.65	3.91	3.76	4.14	4.45
EV/EBITDA Low	7.65	6.67	10.26	6.79	6.2	8.13	5.44	5.29	5	5.06	4.65	3.91	3.76	4.14	4.45
EV/EBIT Average	17.56	13.7	22.72	15.18	12.48	16.44	12.61	11.78	10.76	11.12	10.01	7.3	6.84	7.84	8.92
EV/EBIT High	17.56	13.7	22.72	15.18	12.48	16.44	12.61	11.78	10.76	11.12	10.01	7.3	6.84	7.84	8.92
EV/EBIT Low	17.56	13.7	22.72	15.18	12.48	16.44	12.61	11.78	10.76	11.12	10.01	7.3	6.84	7.84	8.92
Last Price	- -	- -	- -	- -	- -	63.6	67.32	63.3	65.99	66.99	63.04	53.5	56.63	56.31	53.5
High Price	- -	- -	- -	- -	- -	66.8	70	67.25	69.2	71.5	69	63.24	58.31	62.17	60
Enterprise Value Average	1,618	1,719	3,550	3,706	3,631	5,194	4,725	4,716	4,655	4,754	4,651	4,590	4,712	5,147	5,526
Enterprise Value High	1,618	1,719	3,550	3,706	3,631	5,194	4,725	4,716	4,655	4,754	4,651	4,590	4,712	5,147	5,526
Enterprise Value Low	1,618	1,719	3,550	3,706	3,631	5,194	4,725	4,716	4,655	4,754	4,651	4,590	4,712	5,147	5,526

Shares Outstanding	39	42	75	75	75	114	114	114	114	114	115	115	117	117	117
Diluted Weighted Avg Shares	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic Weighted Avg Shares	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Revenue per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS from Cont Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted EPS, GAAP	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted EPS from Cont Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow per Basic Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash & Equivalents per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Book Value per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Tangible Book Value per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Mid-America Apartment Communities, Inc.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)