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

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

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

Independence Realty Trust's Net Income history runs 12 years deep, the most recent figure standing at $17.2 million for Q4 2024.

  • In Q4 2024, Net Income rose 6.83% year-over-year to $17.2 million; the TTM figure through Sep 2025 stood at $17.2 million (down 55.44% YoY), while the FY2024 annual figure was $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.
  • In the past five years, Net Income ranged from a high of $17.2 million in Q4 2024 to a low of -$2.5 million in Q1 2020.
  • Historically, Net Income has averaged $11.7 million across 3 years, with a median of $11.6 million in 2023.
  • The sharpest annual moves came in 2020 and 2024: Net Income plunged 198.6% in 2020, then rose 6.83% in 2024.
  • A 3-year view of Net Income shows it stood at -$2.5 million in 2020, then jumped by 735.69% to $16.1 million in 2023, then rose 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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Avalonbay Communities 24.79 Bn 25.01 Bn - 328.29 Mn
2 Equity Residential 24.35 Bn 24.48 Bn - 395.03 Mn
3 Invitation Homes 17.23 Bn 17.27 Bn 694.98 Mn -55.05 Mn
4 Mid America Apartment Communities 15.51 Bn 15.59 Bn 537.05 Mn 56.55 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 202.90 Mn
8 Equity Lifestyle Properties 12.06 Bn 12.12 Bn 393.79 Mn 80.50 Mn
9 Camden Property Trust 11.45 Bn 11.53 Bn - 44.37 Mn
10 Independence Realty Trust 3.73 Bn 3.86 Bn - -

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