Independence Realty Trust (IRT) Long-Term Investments (2021 - 2024)
Independence Realty Trust (IRT) reported Long-Term Investments of $91.98 million for Q4 2024, up 3.3% from $89.04 million a year earlier but down 3.6% from the prior quarter.
Independence Realty Trust (IRT) Long-Term Investments (2021 - 2024) Analysis & Trends
Dating back to Q2 2021, Independence Realty Trust's Long-Term Investments record includes 15 quarters.
- Long-Term Investments has increased for three consecutive years, with a three-year compound annual growth rate of 54.4% (FY2021 to FY2024).
- By year, Long-Term Investments came in at $89.04 million in FY2023 (+11.0%), $80.22 million in FY2022 (+220.9%) and $25 million in FY2021.
- Five-year quarterly Long-Term Investments spans a low of $10.21 million in Q2 2021 and a high of $99.97 million in Q2 2023.
- Year over year, Long-Term Investments gained in six of the last eight quarters, with growth averaging 29.0%.
- The high point for year-over-year Long-Term Investments in five years was Q2 2022 (growth of 430.9%); the low point was Q2 2024 (a decline of 9.6%).
- Per Business Quant data, the three quarters before Q4 2024 came in at $95.39 million (Q3 2024), $90.35 million (Q2 2024) and $89.49 million (Q1 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 163.71 Bn | 146.23 Bn | 1.39 Bn | 2.00 Bn |
| 2 | Prologis | 119.65 Bn | 124.04 Bn | - | - |
| 3 | Simon Property | 68.89 Bn | 70.10 Bn | - | 5.56 Bn |
| 4 | Realty Income | 50.65 Bn | 53.03 Bn | - | - |
| 5 | Public Storage | 49.89 Bn | 48.98 Bn | - | 364.79 Mn |
| 6 | Ventas | 42.94 Bn | 42.14 Bn | - | - |
| 7 | Extra Space Storage | 28.13 Bn | 28.13 Bn | 642.43 Mn | - |
| 8 | Vici Properties | 25.04 Bn | 23.15 Bn | 1.05 Bn | - |
| 9 | Vivmark Residential | 22.56 Bn | 22.75 Bn | - | 323.34 Mn |
| 10 | Independence Realty Trust | 3.42 Bn | 3.55 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 91.98 Mn |
| Sep 30, 2024 | 95.39 Mn |
| Jun 30, 2024 | 90.35 Mn |
| Mar 31, 2024 | 89.49 Mn |
| Dec 31, 2023 | 89.04 Mn |
| Sep 30, 2023 | 87.59 Mn |
| Jun 30, 2023 | 99.97 Mn |
| Mar 31, 2023 | 92.88 Mn |
| Dec 31, 2022 | 80.22 Mn |
| Sep 30, 2022 | 70.61 Mn |
| Jun 30, 2022 | 54.18 Mn |
| Mar 31, 2022 | 43.54 Mn |
| Dec 31, 2021 | 25.00 Mn |
| Sep 30, 2021 | 13.56 Mn |
| Jun 30, 2021 | 10.21 Mn |
Independence Realty Trust Long-Term Investments API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=long-term-investments&ticker=IRT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-investments", "ticker": "IRT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=long-term-investments&ticker=IRT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();