Independence Realty Trust (IRT) Gross Margin (2017 - 2024)
Independence Realty Trust (IRT) posted Gross Margin of 100.05% for Q4 2024, up 0.84% on a QoQ basis from 99.22% in Q3 2024, and up 9.0% year-over-year from 91.79% in Q1 2024.
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Independence Realty Trust (IRT) Gross Margin (2017 - 2024) Analysis & Trends
Independence Realty Trust has reported Gross Margin for 6 years, with the latest figure at 100.05% in Q4 2024.
- On a quarterly basis, Gross Margin rose 9.0% year-over-year to 100.05% in Q4 2024; TTM through Dec 2024 was 100.75%, a 1784.0% increase from a year earlier, with the FY2024 full-year figure at 99.39%, down 47.0% from the prior year.
- Gross Margin was 100.05% for Q4 2024 at Independence Realty Trust, 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.
- Average Gross Margin over 3 years is 99.19%, with a median of 99.71% recorded in 2024.
- The largest YoY upside for Gross Margin was 12 bps in 2024 against a maximum downside of 76 bps in 2024.
- Over 3 years, Gross Margin stood at 95.8% in 2020, then climbed by 4 bps to 99.96% in 2023, then climbed by 0 bps to 100.05% in 2024.
- The last three Gross Margin figures came in at 100.05% (Q4 2024), 99.22% (Q3 2024), and 99.71% (Q2 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vivmark Residential | 24.37 Bn | 24.37 Bn | - | - |
| 2 | Invitation Homes | 16.34 Bn | 16.34 Bn | 705.34 Mn | 94.35% |
| 3 | Mid America Apartment Communities | 14.46 Bn | 14.33 Bn | 537.17 Mn | 96.77% |
| 4 | Sun Communities | 14.11 Bn | 14.11 Bn | 460.10 Mn | 94.94% |
| 5 | Equity Lifestyle Properties | 11.69 Bn | 11.69 Bn | 375.97 Mn | 94.51% |
| 6 | American Homes 4 Rent | 11.38 Bn | 11.38 Bn | - | - |
| 7 | Udr | 11.36 Bn | 11.36 Bn | 412.43 Mn | 96.95% |
| 8 | Camden Property Trust | 10.49 Bn | 10.49 Bn | - | - |
| 9 | Avalonbay Communities | 9.67 Bn | 9.87 Bn | - | - |
| 10 | Independence Realty Trust | 3.59 Bn | 3.59 Bn | - | - |
Historic Data
Download Data
Historic 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 | 96.00% |
| Sep 30, 2017 | 96.69% |
| Jun 30, 2017 | 96.35% |