Independence Realty Trust (IRT) Net Margin (2011 - 2024)
Independence Realty Trust's (IRT) quarterly Net Margin came in at 7.89% in Q4 2024, up 192.0% year-on-year from 2.7% in Q1 2024, and up 11.03% quarter-over-quarter from 7.11% in Q3 2024.
Independence Realty Trust (IRT) Net Margin (2011 - 2024) Analysis & Trends
Independence Realty Trust's Net Margin history runs 12 years deep, the most recent figure standing at 7.89% for Q4 2024.
- On a quarterly basis, Net Margin rose 192.0% year-over-year to 7.89% in Q4 2024; TTM through Sep 2025 was 1.95%, a 307.0% decrease from a year earlier, with the FY2024 full-year figure at 6.4%, down 116.0% from the prior year.
- Net Margin grew to 7.89% in Q4 2024 per IRT's latest filing, from 7.11% in the prior quarter.
- Across five years, Net Margin topped out at 9.94% in Q3 2023 and bottomed at 4.93% in Q1 2020.
- The 3-year median for Net Margin is 7.07% (2023), against an average of 5.72%.
- Across the five-year window, Net Margin plunged 1005 bps in 2020 and surged 192 bps in 2024, its largest moves.
- Year by year, Net Margin stood at 4.93% in 2020, then soared by 221 bps to 5.98% in 2023, then jumped by 32 bps to 7.89% in 2024.
- Per Business Quant, the three latest IRT Net Margin figures stand at 7.89% (Q4 2024), 7.11% (Q3 2024), and 7.0% (Q2 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.48 Bn | 26.48 Bn | - | 17,909.98% |
| 2 | Equity Residential | 25.80 Bn | 25.80 Bn | - | - |
| 3 | Invitation Homes | 18.05 Bn | 18.05 Bn | 694.98 Mn | 21.77% |
| 4 | Mid America Apartment Communities | 15.67 Bn | 15.54 Bn | 537.05 Mn | 10.20% |
| 5 | Sun Communities | 14.96 Bn | 14.96 Bn | 491.20 Mn | -1.71% |
| 6 | Udr | 13.01 Bn | 12.98 Bn | 416.43 Mn | 44.29% |
| 7 | Equity Lifestyle Properties | 12.85 Bn | 12.85 Bn | 378.95 Mn | 27.14% |
| 8 | American Homes 4 Rent | 12.22 Bn | 12.22 Bn | - | - |
| 9 | Camden Property Trust | 11.94 Bn | 11.94 Bn | - | 2,070.65% |
| 10 | Independence Realty Trust | 3.93 Bn | 3.93 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 7.89% |
| Sep 30, 2024 | 7.11% |
| Jun 30, 2024 | 7.00% |
| Dec 31, 2023 | 5.98% |
| Sep 30, 2023 | 9.94% |
| Jun 30, 2023 | 7.07% |
| Mar 31, 2020 | -4.93% |
| Dec 31, 2019 | 2.70% |
| Sep 30, 2019 | 9.48% |
| Jun 30, 2019 | 28.87% |
| Mar 31, 2019 | 5.13% |
| Dec 31, 2018 | 29.27% |
| Sep 30, 2018 | 9.81% |
| Jun 30, 2018 | 7.48% |
| Mar 31, 2018 | 7.46% |
| Dec 31, 2017 | 14.83% |
| Sep 30, 2017 | 2.74% |
| Jun 30, 2017 | 47.37% |
| Mar 31, 2017 | 10.42% |
| Dec 31, 2016 | -107.75% |