Independence Realty Trust (IRT) Gross Margin (2017 - 2024)
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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 181.70 Bn | 168.77 Bn | 1.47 Bn | 39.55% |
| 2 | Prologis | 123.65 Bn | 122.03 Bn | - | - |
| 3 | Simon Property | 80.48 Bn | 78.58 Bn | - | - |
| 4 | Public Storage | 62.76 Bn | 62.20 Bn | 112.08 Mn | 8.20% |
| 5 | Realty Income | 56.61 Bn | 57.99 Bn | - | - |
| 6 | Ryman Hospitality Properties | 47.80 Bn | 46.64 Bn | 266.41 Mn | 40.62% |
| 7 | Ventas | 47.78 Bn | 46.95 Bn | -3.39 Bn | -184.88% |
| 8 | Vivmark Residential | 38.23 Bn | 37.98 Bn | - | - |
| 9 | Extra Space Storage | 33.20 Bn | 32.98 Bn | 650.96 Mn | 73.16% |
| 10 | Independence Realty Trust | 3.55 Bn | 3.49 Bn | - | - |
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% |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "IRT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=IRT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();