Independence Realty Trust (IRT) Net Margin (2010 - 2026)
Independence Realty Trust (IRT) posted Net Margin of 14.61% for Q3 2026, up 10.49 percentage points from 4.12% a year earlier and up 12.58 percentage points from the prior quarter.
Independence Realty Trust (IRT) Net Margin (2010 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Net Margin at Independence Realty Trust was 9.19%, up 5.77 percentage points year-over-year; for FY2025, it came in at 8.60%, up 2.46 percentage points from FY2024.
- Annual Net Margin shows a five-year change of +1.63 percentage points (FY2020 to FY2025).
- In prior years, Independence Realty Trust's Net Margin was 6.14% in FY2024 (+8.75 pp), -2.61% in FY2023 (-21.26 pp), 18.65% in FY2022 (+0.84 pp) and 17.82% in FY2021 (+10.85 pp).
- Quarterly Net Margin has run from a low of -24.25% in Q4 2023 to a high of 49.61% in Q1 2022 over five years.
- On a year-over-year basis, Net Margin increased in three of the last eight quarters, with an average year-over-year change of +4.44 percentage points.
- The strongest year-over-year quarter for Net Margin in the past five years was Q1 2022, with a gain of 47.64 percentage points; the weakest was Q4 2023, with a drop of 44.91 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was 2.03% (Q2 2026), -0.04% (Q1 2026) and 19.90% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 181.70 Bn | 168.77 Bn | 1.47 Bn | 10.67% |
| 2 | Prologis | 123.65 Bn | 122.03 Bn | - | 34.17% |
| 3 | Simon Property | 80.48 Bn | 78.58 Bn | - | 27.50% |
| 4 | Public Storage | 62.76 Bn | 62.20 Bn | 112.08 Mn | 22.86% |
| 5 | Realty Income | 56.61 Bn | 57.99 Bn | - | 24.91% |
| 6 | Ryman Hospitality Properties | 47.80 Bn | 46.64 Bn | 266.41 Mn | 6.13% |
| 7 | Ventas | 47.78 Bn | 46.95 Bn | -3.39 Bn | 3.57% |
| 8 | Vivmark Residential | 38.23 Bn | 37.98 Bn | - | -61.52% |
| 9 | Extra Space Storage | 33.20 Bn | 32.98 Bn | 650.96 Mn | 27.84% |
| 10 | Independence Realty Trust | 3.55 Bn | 3.49 Bn | - | 14.61% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 14.61% |
| Jun 30, 2026 | 2.03% |
| Mar 31, 2026 | -0.04% |
| Dec 31, 2025 | 19.90% |
| Sep 30, 2025 | 4.12% |
| Jun 30, 2025 | 4.96% |
| Mar 31, 2025 | 5.18% |
| Dec 31, 2024 | -0.62% |
| Sep 30, 2024 | 7.72% |
| Jun 30, 2024 | 6.54% |
| Mar 31, 2024 | 10.95% |
| Dec 31, 2023 | -24.25% |
| Sep 30, 2023 | 2.33% |
| Jun 30, 2023 | 6.53% |
| Mar 31, 2023 | 5.36% |
| Dec 31, 2022 | 20.66% |
| Sep 30, 2022 | 10.10% |
| Jun 30, 2022 | -4.66% |
| Mar 31, 2022 | 49.61% |
| Dec 31, 2021 | 37.20% |
Independence Realty Trust Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=IRT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "IRT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=IRT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();