Independence Realty Trust (IRT) Gross Margin (2017 - 2024)
Independence Realty Trust (IRT) posted quarterly Gross Margin of 100.05% for Q4 2024, up 9.0% year-over-year from 91.79% in Q1 2024, and up 0.84% quarter-over-quarter from 99.22% in Q3 2024.
Independence Realty Trust (IRT) Gross Margin (2017 - 2024) Analysis & Trends
Independence Realty Trust's Gross Margin history runs 6 years deep, the most recent figure standing at 100.05% for Q4 2024.
- In Q4 2024, Gross Margin rose 9.0% year-over-year to 100.05%; the TTM figure through Dec 2024 stood at 100.75% (up 1784.0% YoY), while the FY2024 annual figure was 99.39%, down 47.0% from the prior year.
- Gross Margin for Q4 2024 stood at 100.05%, up from 99.22% in the prior quarter.
- The five-year high for Gross Margin was 100.05% in Q4 2024, with the low at 95.8% in Q1 2020.
- The 3-year median for Gross Margin is 99.71% (2024), against an average of 99.19%.
- Peak annual rise in Gross Margin reached 12 bps in 2024, while the deepest fall reached 76 bps in 2024.
- Independence Realty Trust's Gross Margin stood at 95.8% in 2020, then gained by 4 bps to 99.96% in 2023, then gained by 0 bps to 100.05% in 2024.
- Business Quant data shows IRT's Gross Margin at 100.05% in Q4 2024, 99.22% in Q3 2024, and 99.71% in Q2 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.11 Bn | 26.32 Bn | - | - |
| 2 | Erp Operating Ltd Partnership | 23.87 Bn | 24.06 Bn | - | - |
| 3 | Invitation Homes | 17.83 Bn | 17.83 Bn | 705.34 Mn | 94.35% |
| 4 | Mid America Apartment Communities | 15.26 Bn | 15.13 Bn | 537.17 Mn | 96.77% |
| 5 | Sun Communities | 14.86 Bn | 14.86 Bn | 460.10 Mn | 94.94% |
| 6 | Equity Lifestyle Properties | 12.59 Bn | 12.59 Bn | 375.97 Mn | 94.51% |
| 7 | American Homes 4 Rent | 12.37 Bn | 12.37 Bn | - | - |
| 8 | Udr | 12.15 Bn | 12.15 Bn | 412.43 Mn | 96.95% |
| 9 | Camden Property Trust | 10.99 Bn | 10.99 Bn | - | - |
| 10 | Independence Realty Trust | 3.91 Bn | 3.91 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 100.05% |
| Sep 30, 2024 | 99.22% |
| Jun 30, 2024 | 99.71% |
| Dec 31, 2023 | 99.96% |
| Sep 30, 2023 | 99.98% |
| Jun 30, 2023 | 99.59% |
| Mar 31, 2020 | 95.80% |
| Dec 31, 2019 | 96.21% |
| Sep 30, 2019 | 96.29% |
| Jun 30, 2019 | 95.95% |
| Mar 31, 2019 | 96.34% |
| Dec 31, 2018 | 95.93% |
| Sep 30, 2018 | 96.59% |
| Jun 30, 2018 | 96.60% |
| Mar 31, 2018 | 96.32% |
| Dec 31, 2017 | 86.41% |
| Sep 30, 2017 | 96.69% |
| Jun 30, 2017 | 99.81% |