Independence Realty Trust (IRT) EBIT Margin (2016 - 2024)
Independence Realty Trust (IRT) has 12 years of EBIT Margin data on record, last reported at 18.54% in Q3 2024.
- For Q3 2024, EBIT Margin fell 447.0% year-over-year to 18.54%; the TTM value through Sep 2024 reached 17.81%, up 765.0%, while the annual FY2023 figure was 22.09%, 727.0% up from the prior year.
- EBIT Margin reached 18.54% in Q3 2024 per IRT's latest filing, down from 23.72% in the prior quarter.
- Across five years, EBIT Margin topped out at 23.72% in Q4 2023 and bottomed at 13.57% in Q1 2020.
- Average EBIT Margin over 3 years is 19.71%, with a median of 20.78% recorded in 2023.
- Peak YoY movement for EBIT Margin: plummeted -757bps in 2020, then plummeted -447bps in 2024.
- A 3-year view of EBIT Margin shows it stood at 13.57% in 2020, then soared by 75bps to 23.72% in 2023, then dropped by -22bps to 18.54% in 2024.
- Per Business Quant database, its latest 3 readings for EBIT Margin were 18.54% in Q3 2024, 23.72% in Q4 2023, and 23.01% in Q3 2023.