Independence Realty Trust (IRT) Depreciation and Depletion (2013 - 2024)
Independence Realty Trust's Depreciation and Depletion was $56.45 million in Q4 2024, up 2.1% from $55.31 million a year earlier and up 3.7% from the prior quarter.
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Analysis
Independence Realty Trust (IRT) Depreciation and Depletion (2013 - 2024) Analysis & Trends
For FY2024, Depreciation and Depletion at Independence Realty Trust came in at $217.99 million, up 0.5% from FY2023.
- Depreciation and Depletion has now increased for 13 consecutive years, with a five-year compound annual growth rate of 33.6% (FY2019 to FY2024).
- In earlier years, Depreciation and Depletion was $216.98 million in FY2023 (+9.8%), $197.54 million in FY2022 (+179.9%), $70.58 million in FY2021 (+17.5%) and $60.06 million in FY2020 (+17.3%).
- The Q4 2024 figure marks the highest quarterly Depreciation and Depletion in data going back to Q1 2013.
- Compared with a year earlier, Depreciation and Depletion was higher in seven of the last eight quarters, with growth averaging 5.1%.
- The best year-over-year quarter for Depreciation and Depletion over five years was Q1 2022 (growth of 203.9%); the worst was Q3 2024 (a decline of 1.1%).
- Per Business Quant data, IRT's Depreciation and Depletion in the three quarters before Q4 2024 was $54.45 million (Q3 2024), $53.76 million (Q2 2024) and $53.32 million (Q1 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 164.16 Bn | 146.67 Bn | 1.39 Bn | - |
| 2 | Prologis | 120.28 Bn | 124.68 Bn | - | - |
| 3 | Simon Property | 68.97 Bn | 70.18 Bn | - | - |
| 4 | Realty Income | 51.22 Bn | 53.60 Bn | - | - |
| 5 | Public Storage | 49.85 Bn | 48.94 Bn | - | 271.79 Mn |
| 6 | Ventas | 43.09 Bn | 42.28 Bn | - | - |
| 7 | Extra Space Storage | 28.15 Bn | 28.15 Bn | 642.43 Mn | - |
| 8 | Vici Properties | 24.95 Bn | 23.07 Bn | 1.05 Bn | 998,000.00 |
| 9 | Vivmark Residential | 22.41 Bn | 22.60 Bn | - | 246.38 Mn |
| 10 | Independence Realty Trust | 3.42 Bn | 3.55 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 56.45 Mn |
| Sep 30, 2024 | 54.45 Mn |
| Jun 30, 2024 | 53.76 Mn |
| Mar 31, 2024 | 53.32 Mn |
| Dec 31, 2023 | 55.31 Mn |
| Sep 30, 2023 | 55.08 Mn |
| Jun 30, 2023 | 53.70 Mn |
| Mar 31, 2023 | 52.89 Mn |
| Dec 31, 2022 | 51.32 Mn |
| Sep 30, 2022 | 49.27 Mn |
| Jun 30, 2022 | 48.09 Mn |
| Mar 31, 2022 | 49.09 Mn |
| Dec 31, 2021 | 21.08 Mn |
| Sep 30, 2021 | 17.02 Mn |
| Jun 30, 2021 | 16.32 Mn |
| Mar 31, 2021 | 16.16 Mn |
| Dec 31, 2020 | 15.40 Mn |
| Sep 30, 2020 | 15.16 Mn |
| Jun 30, 2020 | 15.05 Mn |
| Mar 31, 2020 | 14.46 Mn |
API Access
Independence Realty Trust Depreciation and Depletion API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=IRT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "ticker": "IRT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=IRT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();