Independence Realty Trust (IRT) Gross Profit (2017 - 2024)
Independence Realty Trust (IRT) recorded quarterly Gross Profit of $161.0 million in Q4 2024, up 1.36% quarter-over-quarter from $158.9 million in Q3 2024, and down 3.56% on a YoY basis from $167.0 million in Q1 2024.
Independence Realty Trust (IRT) Gross Profit (2017 - 2024) Analysis & Trends
Independence Realty Trust's Gross Profit history runs 6 years deep, the most recent figure standing at $161.0 million for Q4 2024.
- In Q4 2024, Gross Profit fell 3.56% year-over-year to $161.0 million; the TTM figure through Dec 2024 stood at $644.9 million (up 17.67% YoY), while the FY2024 annual figure was $636.1 million, down 3.63% from the prior year.
- Gross Profit was $161.0 million for Q4 2024 at Independence Realty Trust, up from $158.9 million in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $168.6 million in Q3 2023 to a low of $49.2 million in Q1 2020.
- Historically, Gross Profit has averaged $146.6 million across 3 years, with a median of $161.0 million in 2024.
- The sharpest annual moves came in 2020 and 2024: Gross Profit grew 3.07% in 2020, then declined 5.75% in 2024.
- A 3-year view of Gross Profit shows it stood at $49.2 million in 2020, then jumped by 239.45% to $167.0 million in 2023, then fell by 3.56% to $161.0 million in 2024.
- The last three Gross Profit figures came in at $161.0 million (Q4 2024), $158.9 million (Q3 2024), and $157.9 million (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Avalonbay Communities | 24.79 Bn | 25.01 Bn | - |
| 2 | Equity Residential | 24.35 Bn | 24.48 Bn | - |
| 3 | Invitation Homes | 17.23 Bn | 17.27 Bn | 694.98 Mn |
| 4 | Mid America Apartment Communities | 15.51 Bn | 15.59 Bn | 537.05 Mn |
| 5 | Sun Communities | 14.54 Bn | 14.65 Bn | 491.20 Mn |
| 6 | American Homes 4 Rent | 13.37 Bn | 13.94 Bn | - |
| 7 | Udr | 12.30 Bn | 12.30 Bn | 416.43 Mn |
| 8 | Equity Lifestyle Properties | 12.06 Bn | 12.12 Bn | 393.79 Mn |
| 9 | Camden Property Trust | 11.45 Bn | 11.53 Bn | - |
| 10 | Independence Realty Trust | 3.73 Bn | 3.86 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 161.04 Mn |
| Dec 31, 2024 | 161.04 Mn |
| Sep 30, 2024 | 158.89 Mn |
| Sep 30, 2024 | 158.89 Mn |
| Jun 30, 2024 | 157.94 Mn |
| Jun 30, 2024 | 157.94 Mn |
| Dec 31, 2023 | 166.99 Mn |
| Dec 31, 2023 | 166.99 Mn |
| Sep 30, 2023 | 168.57 Mn |
| Sep 30, 2023 | 168.57 Mn |
| Jun 30, 2023 | 163.28 Mn |
| Jun 30, 2023 | 163.28 Mn |
| Mar 31, 2020 | 49.19 Mn |
| Mar 31, 2020 | 49.19 Mn |
| Dec 31, 2019 | 49.48 Mn |
| Dec 31, 2019 | 49.48 Mn |
| Sep 30, 2019 | 49.40 Mn |
| Sep 30, 2019 | 49.40 Mn |
| Jun 30, 2019 | 48.89 Mn |
| Jun 30, 2019 | 48.89 Mn |