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
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