Independence Realty Trust (IRT) Depreciation and Depletion (2013 - 2024)

Independence Realty Trust (IRT) recorded quarterly Depreciation and Depletion of $56.5 million in Q4 2024, up 3.67% quarter-over-quarter from $54.5 million in Q3 2024, and up 2.06% on a YoY basis from $55.3 million in Q1 2024.

Independence Realty Trust (IRT) Depreciation and Depletion (2013 - 2024) Analysis & Trends

Independence Realty Trust's Depreciation and Depletion history runs 12 years deep, the most recent figure standing at $56.5 million for Q4 2024.

  • In Q4 2024, Depreciation and Depletion rose 2.06% year-over-year to $56.5 million; the TTM figure through Dec 2024 stood at $218.0 million (changed 0.46% YoY), while the FY2024 annual figure was $218.0 million, changed 0.46% from the prior year.
  • Depreciation and Depletion was $56.5 million for Q4 2024 at Independence Realty Trust, up from $54.5 million in the prior quarter.
  • In the past five years, Depreciation and Depletion ranged from a high of $56.5 million in Q4 2024 to a low of $14.5 million in Q1 2020.
  • Historically, Depreciation and Depletion has averaged $38.2 million across 5 years, with a median of $49.2 million in 2022.
  • The sharpest annual moves came in 2022 and 2024: Depreciation and Depletion soared 203.86% in 2022, then slipped 1.14% in 2024.
  • A 5-year view of Depreciation and Depletion shows it stood at $15.4 million in 2020, then surged by 36.93% to $21.1 million in 2021, then jumped by 143.42% to $51.3 million in 2022, then gained by 7.78% to $55.3 million in 2023, then climbed by 2.06% to $56.5 million in 2024.
  • The last three Depreciation and Depletion figures came in at $56.5 million (Q4 2024), $54.5 million (Q3 2024), and $53.8 million (Q2 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Depreciation and Depletion (Qtr)
1 Avalonbay Communities 24.79 Bn 25.01 Bn - 233.10 Mn
2 Equity Residential 24.35 Bn 24.48 Bn - 258.11 Mn
3 Invitation Homes 17.23 Bn 17.27 Bn 694.98 Mn 193.14 Mn
4 Mid America Apartment Communities 15.51 Bn 15.59 Bn 537.05 Mn -
5 Sun Communities 14.54 Bn 14.65 Bn 491.20 Mn -
6 American Homes 4 Rent 13.37 Bn 13.94 Bn - 461.20 Mn
7 Udr 12.30 Bn 12.30 Bn 416.43 Mn -
8 Equity Lifestyle Properties 12.06 Bn 12.12 Bn 393.79 Mn -
9 Camden Property Trust 11.45 Bn 11.53 Bn - -
10 Independence Realty Trust 3.73 Bn 3.86 Bn - -

Historic Data

Download Data
DateValue
Dec 31, 2024 56.45 Mn
Dec 31, 2024 56.45 Mn
Sep 30, 2024 54.45 Mn
Sep 30, 2024 54.45 Mn
Jun 30, 2024 53.76 Mn
Jun 30, 2024 53.76 Mn
Mar 31, 2024 53.32 Mn
Mar 31, 2024 53.32 Mn
Dec 31, 2023 55.31 Mn
Dec 31, 2023 55.31 Mn
Sep 30, 2023 55.08 Mn
Sep 30, 2023 55.08 Mn
Jun 30, 2023 53.70 Mn
Jun 30, 2023 53.70 Mn
Mar 31, 2023 52.89 Mn
Mar 31, 2023 52.89 Mn
Dec 31, 2022 51.32 Mn
Dec 31, 2022 51.32 Mn
Sep 30, 2022 49.27 Mn
Sep 30, 2022 49.27 Mn