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
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