Independence Realty Trust IRT
NYSE IRT
$16.59 -0.04 (-0.24%)
At close: Aug 21, 2026 · 4:00 PM EDT

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

Independence Realty Trust (IRT) posted quarterly Gross Profit of $161.0 million for Q4 2024, down 3.56% year-over-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.

  • 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 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.
  • The 3-year median for Gross Profit is $161.0 million (2024), against an average of $146.6 million.
  • The sharpest annual moves came in 2020 and 2024: Gross Profit climbed 3.07% in 2020, then dropped 5.75% in 2024.
  • Independence Realty Trust's Gross Profit stood at $49.2 million in 2020, then soared by 239.45% to $167.0 million in 2023, then declined by 3.56% to $161.0 million in 2024.
  • Business Quant data shows IRT's Gross Profit at $161.0 million in Q4 2024, $158.9 million in Q3 2024, and $157.9 million in Q2 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Avalonbay Communities 26.11 Bn 26.32 Bn -
2 Erp Operating Ltd Partnership 23.87 Bn 24.06 Bn -
3 Invitation Homes 17.81 Bn 17.81 Bn 705.34 Mn
4 Mid America Apartment Communities 15.25 Bn 15.12 Bn 537.17 Mn
5 Sun Communities 14.88 Bn 14.88 Bn 460.10 Mn
6 Equity Lifestyle Properties 12.64 Bn 12.64 Bn 375.97 Mn
7 American Homes 4 Rent 12.38 Bn 12.38 Bn -
8 Udr 12.15 Bn 12.15 Bn 412.43 Mn
9 Camden Property Trust 10.98 Bn 10.98 Bn -
10 Independence Realty Trust 3.90 Bn 3.90 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