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

Independence Realty Trust (IRT) recorded quarterly EBIT Margin of 22.96% in Q4 2024, up 23.8% quarter-over-quarter from 18.54% in Q3 2024, and down 76.0% on a YoY basis from 95.65% in Q1 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.

  • In Q4 2024, EBIT Margin fell 76.0% year-over-year to 22.96%; the TTM figure through Dec 2024 stood at 21.06% (up 303.0% YoY), while the FY2024 annual figure was 18.99%, down 309.0% from the prior year.
  • EBIT Margin was 22.96% for Q4 2024 at Independence Realty Trust, up from 18.54% in the prior quarter.
  • In the past five years, EBIT Margin ranged from a high of 23.72% in Q4 2023 to a low of 13.57% in Q1 2020.
  • Historically, EBIT Margin has averaged 20.06% across 3 years, with a median of 20.62% in 2023.
  • The sharpest annual moves came in 2020 and 2024: EBIT Margin sank 1123 bps in 2020, then plunged 76 bps in 2024.
  • A 3-year view of EBIT Margin shows it 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.
  • 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 24.79 Bn 25.01 Bn - 51.86%
2 Equity Residential 24.35 Bn 24.48 Bn - -
3 Invitation Homes 17.23 Bn 17.27 Bn 694.98 Mn 5.48%
4 Mid America Apartment Communities 15.51 Bn 15.59 Bn 537.05 Mn 59.64%
5 Sun Communities 14.54 Bn 14.65 Bn 491.20 Mn 1.34%
6 American Homes 4 Rent 13.37 Bn 13.94 Bn - -
7 Udr 12.30 Bn 12.30 Bn 416.43 Mn 53.96%
8 Equity Lifestyle Properties 12.06 Bn 12.12 Bn 393.79 Mn 28.26%
9 Camden Property Trust 11.45 Bn 11.53 Bn - 3,857.72%
10 Independence Realty Trust 3.73 Bn 3.86 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%