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
DateValue
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%