Independence Realty Trust (IRT) Depreciation and Depletion (2013 - 2024)
Independence Realty Trust's (IRT) quarterly Depreciation and Depletion came in at $56.5 million in Q4 2024, up 2.06% year-on-year from $55.3 million in Q1 2024, and up 3.67% quarter-over-quarter from $54.5 million in Q3 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.
- On a quarterly basis, Depreciation and Depletion rose 2.06% year-over-year to $56.5 million in Q4 2024; TTM through Dec 2024 was $218.0 million, a 0.46% change from a year earlier, with the FY2024 full-year figure at $218.0 million, changed 0.46% from the prior year.
- Depreciation and Depletion improved to $56.5 million in Q4 2024 per IRT's latest filing, from $54.5 million in the prior quarter.
- Across five years, Depreciation and Depletion topped out at $56.5 million in Q4 2024 and bottomed at $14.5 million in Q1 2020.
- The 5-year median for Depreciation and Depletion is $49.2 million (2022), against an average of $38.2 million.
- Across the five-year window, Depreciation and Depletion surged 203.86% in 2022 and declined 1.14% in 2024, its largest moves.
- Year by year, Depreciation and Depletion 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.
- Per Business Quant, the three latest IRT Depreciation and Depletion figures stand at $56.5 million (Q4 2024), $54.5 million (Q3 2024), and $53.8 million (Q2 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.48 Bn | 26.48 Bn | - | 233.10 Mn |
| 2 | Equity Residential | 25.80 Bn | 25.80 Bn | - | 258.11 Mn |
| 3 | Invitation Homes | 18.05 Bn | 18.05 Bn | 694.98 Mn | 193.14 Mn |
| 4 | Mid America Apartment Communities | 15.67 Bn | 15.54 Bn | 537.05 Mn | - |
| 5 | Sun Communities | 14.96 Bn | 14.96 Bn | 491.20 Mn | - |
| 6 | Udr | 13.01 Bn | 12.98 Bn | 416.43 Mn | - |
| 7 | Equity Lifestyle Properties | 12.85 Bn | 12.85 Bn | 378.95 Mn | - |
| 8 | American Homes 4 Rent | 12.22 Bn | 12.22 Bn | - | 120.90 Mn |
| 9 | Camden Property Trust | 11.94 Bn | 11.94 Bn | - | - |
| 10 | Independence Realty Trust | 3.93 Bn | 3.93 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |