• Mid-America Apartment Communities average pre-tax profit margin for 2023 was 29.12%, a 11.62% decline from 2022.
• Mid-America Apartment Communities average pre-tax profit margin for 2022 was 32.95%, a 32.97% decline from 2021.
• Mid-America Apartment Communities average pre-tax profit margin for 2021 was 24.78%, a 27.6% increase from 2020.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.