What does TX — area of land mean?

The total physical size of land holdings owned by the company in the Texas market.

How do you interpret TX — area of land?

An increase indicates land acquisition for future development, while a decrease suggests land sales or project completions.

How does TX — area of land compare across companies?

Comparable to 'Land held for development' or 'Total acreage' reported by residential developers and REITs with land-intensive portfolios.

Mid-America Apartment Communities MAA TX — Area Of Land

Discontinued — last reported Q3 '20

Similar metrics at other companies

MPTexas — Area of real estate property

$18—

TPLLand Acquisitions — Area of land (in acres)

$4.12K—

TPLWest Texas — Area of land (in acres)

$881K+0.9%

PHMTexas — Land Available For Development

$417.44M-6.9%

TPLWest Texas — Area of land acquired

191K0.0%

TPLLand sales — Area of real estate property, sold (in acres)

4.3-98.8%

Other financials

Income statement

See full

Revenue$553.7M+0.8%

Net income$124.4M-31.5%

EPS (diluted)$1.06-31.2%

Balance sheet

See full

Cash & equivalents$71.5M+28.2%

Total debt$23.8M-7.2%

Total equity$5.5B-6.9%

Total assets$12.0B+1.5%

Cash flow

See full

Operating cash flow$149.6M-23.9%

CapEx$58.4M-19.6%

Free cash flow$91.3M-26.4%

Valuation

See full

Market cap$15.42B-27.1%

Enterprise value$15.37B-27.3%

P/E39.6×+2.2×

P/S7×-2.7×

Profitability

See full

Net margin17.6%-8.1pp

FCF margin31%-3.3pp

Returns & leverage

See full

Return on equity6.8%-2.6pp

Debt / equity0×0.0×

Where this comes from

Reported directly by Mid-America Apartment Communities in its filing.

Tagged under the XBRL concept us-gaap:AreaOfLand.

The official record: Mid-America Apartment Communities’s 10-Q, filed October 29, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does TX — area of land mean?: The total physical size of land holdings owned by the company in the Texas market.
How do you interpret TX — area of land?: An increase indicates land acquisition for future development, while a decrease suggests land sales or project completions.
How does TX — area of land compare across companies?: Comparable to 'Land held for development' or 'Total acreage' reported by residential developers and REITs with land-intensive portfolios.