Independence Realty Trust (IRT) Consolidated Net Income (2011 - 2024)
Independence Realty Trust's quarterly Consolidated Net Income came in at $17.2 million in Q4 2024, up 6.83% year-on-year from $16.1 million in Q1 2024, and up 50.9% quarter-over-quarter from $11.4 million in Q3 2024.
Independence Realty Trust has reported Consolidated Net Income for 12 years, with the latest figure at $17.2 million in Q4 2024.
- For the quarter ending Q4 2024, Consolidated Net Income rose 6.83% year-over-year to $17.2 million; the trailing twelve-month figure through Sep 2025 stood at $17.2 million (down 55.44% YoY), and the FY2024 full-year result was $45.4 million, down 19.0% from the prior year.
- Consolidated Net Income for Q4 2024 stood at $17.2 million, up from $11.4 million in the prior quarter.
- The five-year high for Consolidated Net Income was $17.2 million in Q4 2024, with the low at -$2.5 million in Q1 2020.
- Average Consolidated Net Income over 3 years is $11.7 million, with a median of $11.6 million recorded in 2023.
- Year-over-year, Consolidated Net Income plunged 198.6% in 2020 and advanced 6.83% in 2024.
- Tracing IRT's Consolidated Net Income over 3 years: stood at -$2.5 million in 2020, then surged by 735.69% to $16.1 million in 2023, then gained by 6.83% to $17.2 million in 2024.
- The last three Consolidated Net Income figures came in at $17.2 million (Q4 2024), $11.4 million (Q3 2024), and $11.1 million (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 25.91 Bn | 26.13 Bn | - | 328.29 Mn |
| 2 | Equity Residential | 25.13 Bn | 25.27 Bn | - | 395.03 Mn |
| 3 | Invitation Homes | 17.75 Bn | 17.79 Bn | 694.98 Mn | -55.05 Mn |
| 4 | Sun Communities | 15.66 Bn | 15.77 Bn | 491.20 Mn | - |
| 5 | Mid America Apartment Communities | 15.34 Bn | 15.42 Bn | 537.05 Mn | 56.55 Mn |
| 6 | American Homes 4 Rent | 13.60 Bn | 14.17 Bn | - | - |
| 7 | Udr | 12.44 Bn | 12.44 Bn | 416.43 Mn | 202.90 Mn |
| 8 | Equity Lifestyle Properties | 12.31 Bn | 12.37 Bn | 393.79 Mn | 80.50 Mn |
| 9 | Camden Property Trust | 11.27 Bn | 11.34 Bn | - | 44.37 Mn |
| 10 | Independence Realty Trust | 3.99 Bn | 4.11 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 17.18 Mn |
| Sep 30, 2024 | 11.39 Mn |
| Jun 30, 2024 | 11.09 Mn |
| Dec 31, 2023 | 16.08 Mn |
| Sep 30, 2023 | 16.77 Mn |
| Jun 30, 2023 | 11.59 Mn |
| Mar 31, 2020 | -2.53 Mn |
| Dec 31, 2019 | 1.39 Mn |
| Sep 30, 2019 | 621,000.00 |
| Jun 30, 2019 | 652,000.00 |
| Mar 31, 2019 | 2.57 Mn |
| Dec 31, 2018 | 4.08 Mn |
| Sep 30, 2018 | 4.84 Mn |
| Jun 30, 2018 | 3.55 Mn |
| Mar 31, 2018 | 3.36 Mn |
| Dec 31, 2017 | 4.32 Mn |
| Sep 30, 2017 | 4.02 Mn |
| Jun 30, 2017 | 4.06 Mn |
| Mar 31, 2017 | 4.34 Mn |
| Dec 31, 2016 | 2.92 Mn |
| Sep 30, 2016 | 1.77 Mn |
| Jun 30, 2016 | 2.03 Mn |
| Mar 31, 2016 | -2.59 Mn |
| Dec 31, 2015 | -2.60 Mn |
| Sep 30, 2015 | -10.87 Mn |
| Jun 30, 2015 | 353,000.00 |
| Mar 31, 2015 | -241,000.00 |
| Dec 31, 2014 | 195,000.00 |
| Sep 30, 2014 | -58,000.00 |
| Jun 30, 2014 | -128,000.00 |
| Mar 31, 2014 | 53,000.00 |
| Dec 31, 2013 | 404,000.00 |
| Sep 30, 2013 | 302,000.00 |
| Jun 30, 2013 | 324,000.00 |
| Mar 31, 2013 | 340,000.00 |
| Dec 31, 2012 | 52,000.00 |
| Sep 30, 2012 | -14,000.00 |
| Jun 30, 2012 | 239,000.00 |
| Mar 31, 2012 | 153,000.00 |
| Dec 31, 2011 | -53,000.00 |
| Sep 30, 2011 | -65,000.00 |
| Jun 30, 2011 | 27,000.00 |
| Mar 31, 2011 | -63,000.00 |