• Mid-America Apartment Communities average ebitda margin for 2023 was 58.87%, a 2.06% decline from 2022.
• Mid-America Apartment Communities average ebitda margin for 2022 was 57.68%, a 2.83% increase from 2021.
• Mid-America Apartment Communities average ebitda margin for 2021 was 56.09%, a 1.23% increase from 2020.

Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.