Independence Realty Trust (IRT) Long-Term Investments (2021 - 2024)
Independence Realty Trust's (IRT) quarterly Long-Term Investments came in at $92.0 million in Q4 2024, up 3.29% year-on-year from $89.0 million in Q1 2024, and down 3.58% quarter-over-quarter from $95.4 million in Q3 2024.
Independence Realty Trust (IRT) Long-Term Investments (2021 - 2024) Analysis & Trends
Independence Realty Trust's Long-Term Investments history runs 4 years deep, the most recent figure standing at $92.0 million for Q4 2024.
- On a quarterly basis, Long-Term Investments rose 3.29% year-over-year to $92.0 million in Q4 2024; TTM through Dec 2024 was $92.0 million, a 3.29% increase from a year earlier, with the FY2024 full-year figure at $92.0 million, up 3.29% from the prior year.
- Long-Term Investments eased to $92.0 million in Q4 2024 per IRT's latest filing, from $95.4 million in the prior quarter.
- Across five years, Long-Term Investments topped out at $100.0 million in Q2 2023 and bottomed at $10.2 million in Q2 2021.
- The 4-year median for Long-Term Investments is $87.6 million (2023), against an average of $68.9 million.
- Across the five-year window, Long-Term Investments soared 430.9% in 2022 and declined 9.62% in 2024, its largest moves.
- Year by year, Long-Term Investments stood at $25.0 million in 2021, then jumped by 220.89% to $80.2 million in 2022, then gained by 11.0% to $89.0 million in 2023, then gained by 3.29% to $92.0 million in 2024.
- Per Business Quant, the three latest IRT Long-Term Investments figures stand at $92.0 million (Q4 2024), $95.4 million (Q3 2024), and $90.3 million (Q2 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.48 Bn | 26.48 Bn | - | 193.27 Mn |
| 2 | Equity Residential | 25.80 Bn | 25.80 Bn | - | 325.94 Mn |
| 3 | Invitation Homes | 18.05 Bn | 18.05 Bn | 694.98 Mn | 250.57 Mn |
| 4 | Mid America Apartment Communities | 15.67 Bn | 15.54 Bn | 537.05 Mn | 41.31 Mn |
| 5 | Sun Communities | 14.96 Bn | 14.96 Bn | 491.20 Mn | - |
| 6 | Udr | 13.01 Bn | 12.98 Bn | 416.43 Mn | 757.69 Mn |
| 7 | Equity Lifestyle Properties | 12.85 Bn | 12.85 Bn | 378.95 Mn | 83.07 Mn |
| 8 | American Homes 4 Rent | 12.22 Bn | 12.22 Bn | - | 150.71 Mn |
| 9 | Camden Property Trust | 11.94 Bn | 11.94 Bn | - | - |
| 10 | Independence Realty Trust | 3.93 Bn | 3.93 Bn | - | - |
Historic Data
Download 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 |