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Independence Realty Trust (IRT) Depreciation Expense (2016 - 2024)

Independence Realty Trust (IRT) has 12 years of Depreciation Expense data on record, last reported at $54.5 million in Q3 2024.

  • For Q3 2024, Depreciation Expense fell 1.14% year-over-year to $54.5 million; the TTM value through Sep 2024 reached $216.8 million, up 1.81%, while the annual FY2024 figure was $218.0 million, 0.46% changed from the prior year.
  • Depreciation Expense reached $54.5 million in Q3 2024 per IRT's latest filing, up from $53.8 million in the prior quarter.
  • Across five years, Depreciation Expense topped out at $55.3 million in Q4 2023 and bottomed at $14.5 million in Q1 2020.
  • Average Depreciation Expense over 5 years is $37.2 million, with a median of $49.1 million recorded in 2022.
  • Peak YoY movement for Depreciation Expense: soared 203.86% in 2022, then fell 1.14% in 2024.
  • A 5-year view of Depreciation Expense shows it stood at $15.4 million in 2020, then surged by 36.94% to $21.1 million in 2021, then skyrocketed by 143.42% to $51.3 million in 2022, then grew by 7.78% to $55.3 million in 2023, then fell by 1.55% to $54.5 million in 2024.
  • Per Business Quant database, its latest 3 readings for Depreciation Expense were $54.5 million in Q3 2024, $53.8 million in Q2 2024, and $53.3 million in Q1 2024.