Independence Realty Trust IRT
NYSE IRT
$14.53 -0.31 (-2.09%)
At close: Sep 30, 2026 · 4:00 PM EDT

Independence Realty Trust (IRT) Gross Margin (2017 - 2024)

Updated

Independence Realty Trust (IRT) reported Gross Margin of 100.05% for Q4 2024, up 0.09 percentage points from 99.96% a year earlier and up 0.83 percentage points from the prior quarter.

Analysis

Independence Realty Trust (IRT) Gross Margin (2017 - 2024) Analysis & Trends

For FY2024, Independence Realty Trust posted Gross Margin of 99.39%, down 0.47 percentage points from FY2023.

  • Gross Margin has a five-year change of +3.19 percentage points (FY2019 to FY2024).
  • By year, Gross Margin came in at 99.86% in FY2023 (+1.27 pp) and 98.59% in FY2022.
  • The Q4 2024 figure ranks as the highest quarterly Gross Margin in data going back to Q2 2017.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Welltower 166.01 Bn 148.52 Bn 1.39 Bn 39.34%
2 Prologis 121.16 Bn 125.55 Bn - -
3 Simon Property 65.49 Bn 66.75 Bn - -
4 Realty Income 51.38 Bn 53.76 Bn - -
5 Public Storage 49.67 Bn 48.75 Bn - -
6 Ventas 43.61 Bn 42.81 Bn - -
7 Extra Space Storage 27.79 Bn 27.79 Bn 642.43 Mn 73.49%
8 Vici Properties 25.29 Bn 23.41 Bn 1.05 Bn 99.30%
9 Vivmark Residential 22.78 Bn 22.97 Bn - -
10 Independence Realty Trust 3.43 Bn 3.55 Bn - -
Historic Data

Historic Data

Download Data
DateValue
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 96.00%
Sep 30, 2017 96.69%
Jun 30, 2017 96.35%
API Access

Independence Realty Trust Gross Margin API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=gross-margin&ticker=IRT&period=max&api_key=YOUR_API_KEY