Independence Realty Trust IRT
NYSE IRT
$15.25 +0.02 (+0.13%)
As of: Sep 10, 2026 · 3:59 PM EDT

Independence Realty Trust (IRT) Net Income (2011 - 2024)

Independence Realty Trust (IRT) posted Net Income of $17.2 million for Q4 2024, up 50.9% on a QoQ basis from $11.4 million in Q3 2024, and up 6.83% year-over-year from $16.1 million in Q1 2024.

Analysis

Independence Realty Trust (IRT) Net Income (2011 - 2024) Analysis & Trends

Independence Realty Trust has reported Net Income for 12 years, with the latest figure at $17.2 million in Q4 2024.

  • On a quarterly basis, Net Income rose 6.83% year-over-year to $17.2 million in Q4 2024; TTM through Dec 2024 was $55.7 million, a 33.02% increase from a year earlier, with the FY2024 full-year figure at $45.4 million, down 19.0% from the prior year.
  • Net Income was $17.2 million for Q4 2024 at Independence Realty Trust, up from $11.4 million in the prior quarter.
  • The five-year high for Net Income was $17.2 million in Q4 2024, with the low at -$2.5 million in Q1 2020.
  • Average Net Income over 3 years is $11.7 million, with a median of $11.6 million recorded in 2023.
  • The sharpest annual moves came in 2020 and 2024: Net Income tumbled 198.6% in 2020, then gained 6.83% in 2024.
  • Over 3 years, Net Income stood at -$2.5 million in 2020, then surged by 735.69% to $16.1 million in 2023, then gained by 6.83% to $17.2 million in 2024.
  • The last three Net Income figures came in at $17.2 million (Q4 2024), $11.4 million (Q3 2024), and $11.1 million (Q2 2024), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Vivmark Residential 24.37 Bn 24.37 Bn - 120.06 Mn
2 Invitation Homes 16.34 Bn 16.34 Bn 705.34 Mn -46.16 Mn
3 Mid America Apartment Communities 14.46 Bn 14.33 Bn 537.17 Mn 124.53 Mn
4 Sun Communities 14.11 Bn 14.11 Bn 460.10 Mn -1.02 Bn
5 Equity Lifestyle Properties 11.69 Bn 11.69 Bn 375.97 Mn 71.34 Mn
6 American Homes 4 Rent 11.38 Bn 11.38 Bn - -
7 Udr 11.36 Bn 11.36 Bn 412.43 Mn 73.66 Mn
8 Camden Property Trust 10.49 Bn 10.49 Bn - 20.71 Mn
9 Avalonbay Communities 9.67 Bn 9.87 Bn - 156.89 Mn
10 Independence Realty Trust 3.59 Bn 3.59 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2024 17.18 Mn
Sep 30, 2024 11.39 Mn
Jun 30, 2024 11.09 Mn
Dec 31, 2023 16.08 Mn
Sep 30, 2023 16.77 Mn
Jun 30, 2023 11.59 Mn
Mar 31, 2020 -2.53 Mn
Dec 31, 2019 1.39 Mn
Sep 30, 2019 621,000.00
Jun 30, 2019 652,000.00
Mar 31, 2019 2.57 Mn
Dec 31, 2018 4.08 Mn
Sep 30, 2018 4.84 Mn
Jun 30, 2018 3.55 Mn
Mar 31, 2018 3.36 Mn
Dec 31, 2017 4.32 Mn
Sep 30, 2017 4.02 Mn
Jun 30, 2017 4.06 Mn
Mar 31, 2017 4.34 Mn
Dec 31, 2016 2.92 Mn