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
DateValue
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