Independence Realty Trust (IRT) EBIT Margin (2011 - 2024)

Independence Realty Trust's (IRT) 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 (IRT) EBIT Margin (2011 - 2024) Analysis & Trends

Independence Realty Trust's EBIT Margin history runs 12 years deep, the most recent figure standing at 22.96% for Q4 2024.

  • On a quarterly basis, EBIT Margin fell 76.0% year-over-year to 22.96% in Q4 2024; TTM through Dec 2024 was 21.06%, a 303.0% increase from a year earlier, with the FY2024 full-year figure at 18.99%, down 309.0% from the prior year.
  • EBIT Margin advanced to 22.96% in Q4 2024 per IRT's latest filing, from 18.54% 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.
  • The 3-year median for EBIT Margin is 20.62% (2023), against an average of 20.06%.
  • Across the five-year window, EBIT Margin sank 1123 bps in 2020 and plunged 76 bps in 2024, its largest moves.
  • Year by year, EBIT Margin stood at 13.57% in 2020, then soared by 75 bps to 23.72% in 2023, then fell by 3 bps to 22.96% in 2024.
  • Per Business Quant, the three latest IRT EBIT Margin figures stand at 22.96% (Q4 2024), 18.54% (Q3 2024), and 18.03% (Q2 2024).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 Avalonbay Communities 26.48 Bn 26.48 Bn - 21,794.05%
2 Equity Residential 25.80 Bn 25.80 Bn - -
3 Invitation Homes 18.05 Bn 18.05 Bn 694.98 Mn 5.48%
4 Mid America Apartment Communities 15.67 Bn 15.54 Bn 537.05 Mn 59.64%
5 Sun Communities 14.96 Bn 14.96 Bn 491.20 Mn 1.34%
6 Udr 13.01 Bn 12.98 Bn 416.43 Mn 53.96%
7 Equity Lifestyle Properties 12.85 Bn 12.85 Bn 378.95 Mn 28.26%
8 American Homes 4 Rent 12.22 Bn 12.22 Bn - -
9 Camden Property Trust 11.94 Bn 11.94 Bn - 3,857.72%
10 Independence Realty Trust 3.93 Bn 3.93 Bn - -

Historic Data

Download Data
DateValue
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%