Independence Realty Trust (IRT) Gross Margin (2017 - 2024)
Independence Realty Trust's quarterly Gross Margin came in at 100.05% in Q4 2024, up 9.0% year-on-year from 91.79% in Q1 2024, and up 0.84% quarter-over-quarter from 99.22% in Q3 2024.
Independence Realty Trust has reported Gross Margin for 6 years, with the latest figure at 100.05% in Q4 2024.
- For the quarter ending Q4 2024, Gross Margin rose 9.0% year-over-year to 100.05%; the trailing twelve-month figure through Dec 2024 stood at 100.75% (up 1784.0% YoY), and the FY2024 full-year result 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.
- Average Gross Margin over 3 years is 99.19%, with a median of 99.71% recorded in 2024.
- Peak annual rise in Gross Margin reached 12 bps in 2024, while the deepest fall reached 76 bps in 2024.
- Tracing IRT's Gross Margin over 3 years: 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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 25.91 Bn | 26.13 Bn | - | - |
| 2 | Equity Residential | 25.13 Bn | 25.27 Bn | - | - |
| 3 | Invitation Homes | 17.75 Bn | 17.79 Bn | 694.98 Mn | 94.67% |
| 4 | Sun Communities | 15.66 Bn | 15.77 Bn | 491.20 Mn | 96.71% |
| 5 | Mid America Apartment Communities | 15.34 Bn | 15.42 Bn | 537.05 Mn | 96.67% |
| 6 | American Homes 4 Rent | 13.60 Bn | 14.17 Bn | - | - |
| 7 | Udr | 12.44 Bn | 12.44 Bn | 416.43 Mn | 97.79% |
| 8 | Equity Lifestyle Properties | 12.31 Bn | 12.37 Bn | 393.79 Mn | 99.04% |
| 9 | Camden Property Trust | 11.27 Bn | 11.34 Bn | - | - |
| 10 | Independence Realty Trust | 3.99 Bn | 4.11 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% |