Independence Realty Trust (IRT) Gross Profit (2017 - 2024)
Independence Realty Trust's 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 has reported Gross Profit for 6 years, with the latest figure at $161.0 million in Q4 2024.
- For the quarter ending Q4 2024, Gross Profit fell 3.56% year-over-year to $161.0 million; the trailing twelve-month figure through Dec 2024 stood at $644.9 million (up 17.67% YoY), and the FY2024 full-year result was $636.1 million, down 3.63% from the prior year.
- Gross Profit for Q4 2024 stood at $161.0 million, up from $158.9 million in the prior quarter.
- The five-year high for Gross Profit was $168.6 million in Q3 2023, with the low at $49.2 million in Q1 2020.
- Average Gross Profit over 3 years is $146.6 million, with a median of $161.0 million recorded in 2024.
- Year-over-year, Gross Profit rose 3.07% in 2020 and retreated 5.75% in 2024.
- Tracing IRT's Gross Profit over 3 years: stood at $49.2 million in 2020, then surged by 239.45% to $167.0 million in 2023, then retreated 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 | 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 |
| 4 | Sun Communities | 15.66 Bn | 15.77 Bn | 491.20 Mn |
| 5 | Mid America Apartment Communities | 15.34 Bn | 15.42 Bn | 537.05 Mn |
| 6 | American Homes 4 Rent | 13.60 Bn | 14.17 Bn | - |
| 7 | Udr | 12.44 Bn | 12.44 Bn | 416.43 Mn |
| 8 | Equity Lifestyle Properties | 12.31 Bn | 12.37 Bn | 393.79 Mn |
| 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 | 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 |
| Mar 31, 2019 | 47.73 Mn |
| Mar 31, 2019 | 47.73 Mn |
| Dec 31, 2018 | 47.78 Mn |
| Dec 31, 2018 | 47.78 Mn |
| Sep 30, 2018 | 47.12 Mn |
| Sep 30, 2018 | 47.12 Mn |
| Jun 30, 2018 | 45.30 Mn |
| Jun 30, 2018 | 45.30 Mn |
| Mar 31, 2018 | 44.07 Mn |
| Mar 31, 2018 | 44.07 Mn |
| Dec 31, 2017 | 36.68 Mn |
| Dec 31, 2017 | 36.68 Mn |
| Sep 30, 2017 | 38.74 Mn |
| Sep 30, 2017 | 38.74 Mn |
| Jun 30, 2017 | 39.49 Mn |
| Jun 30, 2017 | 39.49 Mn |