Independence Realty Trust (IRT) Consolidated Net Income (2011 - 2024)
Independence Realty Trust's (IRT) quarterly Consolidated Net Income came in at $12.7 million in Q4 2024, up 27.3% year-on-year from $10.0 million in Q1 2024, and up 11.6% quarter-over-quarter from $11.4 million in Q3 2024.
Independence Realty Trust (IRT) Consolidated Net Income (2011 - 2024) Analysis & Trends
Independence Realty Trust's Consolidated Net Income history runs 12 years deep, the most recent figure standing at $12.7 million for Q4 2024.
- On a quarterly basis, Consolidated Net Income rose 27.3% year-over-year to $12.7 million in Q4 2024; TTM through Sep 2025 was $12.7 million, a 60.85% decrease from a year earlier, with the FY2024 full-year figure at $40.9 million, down 18.06% from the prior year.
- Consolidated Net Income climbed to $12.7 million in Q4 2024 per IRT's latest filing, from $11.4 million in the prior quarter.
- Across five years, Consolidated Net Income topped out at $16.8 million in Q3 2023 and bottomed at -$2.5 million in Q1 2020.
- The 3-year median for Consolidated Net Income is $11.4 million (2024), against an average of $10.1 million.
- Across the five-year window, Consolidated Net Income plunged 198.6% in 2020 and grew 27.3% in 2024, its largest moves.
- Year by year, Consolidated Net Income stood at -$2.5 million in 2020, then soared by 494.55% to $10.0 million in 2023, then gained by 27.3% to $12.7 million in 2024.
- Per Business Quant, the three latest IRT Consolidated Net Income figures stand at $12.7 million (Q4 2024), $11.4 million (Q3 2024), and $11.1 million (Q2 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.48 Bn | 26.48 Bn | - | 328.29 Mn |
| 2 | Equity Residential | 25.80 Bn | 25.80 Bn | - | 395.03 Mn |
| 3 | Invitation Homes | 18.05 Bn | 18.05 Bn | 694.98 Mn | -55.05 Mn |
| 4 | Mid America Apartment Communities | 15.67 Bn | 15.54 Bn | 537.05 Mn | 56.55 Mn |
| 5 | Sun Communities | 14.96 Bn | 14.96 Bn | 491.20 Mn | - |
| 6 | Udr | 13.01 Bn | 12.98 Bn | 416.43 Mn | 203.36 Mn |
| 7 | Equity Lifestyle Properties | 12.85 Bn | 12.85 Bn | 378.95 Mn | 80.50 Mn |
| 8 | American Homes 4 Rent | 12.22 Bn | 12.22 Bn | - | - |
| 9 | Camden Property Trust | 11.94 Bn | 11.94 Bn | - | 44.37 Mn |
| 10 | Independence Realty Trust | 3.93 Bn | 3.93 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 12.71 Mn |
| Sep 30, 2024 | 11.39 Mn |
| Jun 30, 2024 | 11.09 Mn |
| Dec 31, 2023 | 9.98 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 | 5.65 Mn |
| Sep 30, 2017 | 4.02 Mn |
| Jun 30, 2017 | 4.06 Mn |
| Mar 31, 2017 | 4.34 Mn |
| Dec 31, 2016 | 38.10 Mn |