Independence Realty Trust (IRT) EBIT Margin (2011 - 2024)
Independence Realty Trust's quarterly EBIT Margin came in at 22.96% in Q4 2024, down 76.0% year-on-year from 95.65% in Q1 2024, and up 23.8% quarter-over-quarter from 18.54% in Q3 2024.
Independence Realty Trust has reported EBIT Margin for 12 years, with the latest figure at 22.96% in Q4 2024.
- For the quarter ending Q4 2024, EBIT Margin fell 76.0% year-over-year to 22.96%; the trailing twelve-month figure through Dec 2024 stood at 21.06% (up 303.0% YoY), and the FY2024 full-year result was 18.99%, down 309.0% from the prior year.
- EBIT Margin for Q4 2024 stood at 22.96%, up from 18.54% in the prior quarter.
- The five-year high for EBIT Margin was 23.72% in Q4 2023, with the low at 13.57% in Q1 2020.
- Average EBIT Margin over 3 years is 20.06%, with a median of 20.62% recorded in 2023.
- Year-over-year, EBIT Margin sank 1123 bps in 2020 and plunged 76 bps in 2024.
- Tracing IRT's EBIT Margin over 3 years: stood at 13.57% in 2020, then jumped by 75 bps to 23.72% in 2023, then retreated by 3 bps to 22.96% in 2024.
- The last three EBIT Margin figures came in at 22.96% (Q4 2024), 18.54% (Q3 2024), and 18.03% (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 25.91 Bn | 26.13 Bn | - | 51.86% |
| 2 | Equity Residential | 25.13 Bn | 25.27 Bn | - | - |
| 3 | Invitation Homes | 17.75 Bn | 17.79 Bn | 694.98 Mn | 5.48% |
| 4 | Sun Communities | 15.66 Bn | 15.77 Bn | 491.20 Mn | 1.34% |
| 5 | Mid America Apartment Communities | 15.34 Bn | 15.42 Bn | 537.05 Mn | 59.64% |
| 6 | American Homes 4 Rent | 13.60 Bn | 14.17 Bn | - | - |
| 7 | Udr | 12.44 Bn | 12.44 Bn | 416.43 Mn | 53.96% |
| 8 | Equity Lifestyle Properties | 12.31 Bn | 12.37 Bn | 393.79 Mn | 28.26% |
| 9 | Camden Property Trust | 11.27 Bn | 11.34 Bn | - | 3,857.72% |
| 10 | Independence Realty Trust | 3.99 Bn | 4.11 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 22.96% |
| Sep 30, 2024 | 18.54% |
| Jun 30, 2024 | 18.03% |
| Dec 31, 2023 | 23.72% |
| Sep 30, 2023 | 23.01% |
| Jun 30, 2023 | 20.62% |
| Mar 31, 2020 | 13.57% |
| Dec 31, 2019 | 21.90% |
| Sep 30, 2019 | 20.28% |
| Jun 30, 2019 | 20.61% |
| Mar 31, 2019 | 24.80% |
| Dec 31, 2018 | 28.15% |
| Sep 30, 2018 | 28.63% |
| Jun 30, 2018 | 25.89% |
| Mar 31, 2018 | 25.56% |
| Dec 31, 2017 | 26.96% |
| Sep 30, 2017 | 27.40% |
| Jun 30, 2017 | 28.35% |
| Mar 31, 2017 | 30.10% |
| Dec 31, 2016 | 27.98% |
| Sep 30, 2016 | 27.60% |
| Jun 30, 2016 | 28.82% |
| Mar 31, 2016 | 19.10% |
| Dec 31, 2015 | 19.05% |
| Sep 30, 2015 | -22.72% |
| Jun 30, 2015 | 20.38% |
| Mar 31, 2015 | 17.45% |
| Dec 31, 2014 | 19.43% |
| Sep 30, 2014 | 16.98% |
| Jun 30, 2014 | 15.47% |
| Mar 31, 2014 | 16.58% |
| Dec 31, 2013 | 22.09% |
| Sep 30, 2013 | 25.24% |
| Jun 30, 2013 | 26.02% |
| Mar 31, 2013 | 26.19% |
| Dec 31, 2012 | 20.97% |
| Sep 30, 2012 | 19.67% |
| Jun 30, 2012 | 25.40% |
| Mar 31, 2012 | 23.88% |
| Dec 31, 2011 | 18.98% |
| Sep 30, 2011 | 17.50% |
| Jun 30, 2011 | 10.81% |