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

Independence Realty Trust's (IRT) quarterly Gross Profit came in at $161.0 million in Q4 2024, down 3.56% year-on-year from $167.0 million in Q1 2024, and up 1.36% quarter-over-quarter from $158.9 million in Q3 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.

  • On a quarterly basis, Gross Profit fell 3.56% year-over-year to $161.0 million in Q4 2024; TTM through Dec 2024 was $644.9 million, a 17.67% increase from a year earlier, with the FY2024 full-year figure at $636.1 million, down 3.63% from the prior year.
  • Gross Profit improved to $161.0 million in Q4 2024 per IRT's latest filing, from $158.9 million in the prior quarter.
  • Across five years, Gross Profit topped out at $168.6 million in Q3 2023 and bottomed at $49.2 million in Q1 2020.
  • The 3-year median for Gross Profit is $161.0 million (2024), against an average of $146.6 million.
  • Across the five-year window, Gross Profit rose 3.07% in 2020 and retreated 5.75% in 2024, its largest moves.
  • Year by year, Gross Profit 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.
  • Per Business Quant, the three latest IRT Gross Profit figures stand at $161.0 million (Q4 2024), $158.9 million (Q3 2024), and $157.9 million (Q2 2024).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Avalonbay Communities 26.48 Bn 26.48 Bn -
2 Equity Residential 25.80 Bn 25.80 Bn -
3 Invitation Homes 18.05 Bn 18.05 Bn 694.98 Mn
4 Mid America Apartment Communities 15.67 Bn 15.54 Bn 537.05 Mn
5 Sun Communities 14.96 Bn 14.96 Bn 491.20 Mn
6 Udr 13.01 Bn 12.98 Bn 416.43 Mn
7 Equity Lifestyle Properties 12.85 Bn 12.85 Bn 378.95 Mn
8 American Homes 4 Rent 12.22 Bn 12.22 Bn -
9 Camden Property Trust 11.94 Bn 11.94 Bn -
10 Independence Realty Trust 3.93 Bn 3.93 Bn -

Historic Data

Download Data
DateValue
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