Independence Realty Trust (IRT) Operating Margin (2011 - 2024)
Independence Realty Trust (IRT) posted quarterly Operating Margin of 22.96% for Q4 2024, down 76.0% year-over-year from 95.65% in Q1 2024, and up 23.8% quarter-over-quarter from 18.54% in Q3 2024.
Independence Realty Trust (IRT) Operating Margin (2011 - 2024) Analysis & Trends
Independence Realty Trust's Operating Margin history runs 12 years deep, the most recent figure standing at 22.96% for Q4 2024.
- In Q4 2024, Operating Margin fell 76.0% year-over-year to 22.96%; the TTM figure through Dec 2024 stood at 21.06% (up 303.0% YoY), while the FY2024 annual figure was 18.99%, down 309.0% from the prior year.
- Operating Margin for Q4 2024 stood at 22.96%, up from 18.54% in the prior quarter.
- The five-year high for Operating Margin was 23.72% in Q4 2023, with the low at 13.57% in Q1 2020.
- The 3-year median for Operating Margin is 20.62% (2023), against an average of 20.06%.
- The sharpest annual moves came in 2020 and 2024: Operating Margin plunged 1123 bps in 2020, then tumbled 76 bps in 2024.
- Independence Realty Trust's Operating Margin stood at 13.57% in 2020, then surged by 75 bps to 23.72% in 2023, then declined by 3 bps to 22.96% in 2024.
- Business Quant data shows IRT's Operating Margin at 22.96% in Q4 2024, 18.54% in Q3 2024, and 18.03% in Q2 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.11 Bn | 26.32 Bn | - | - |
| 2 | Erp Operating Ltd Partnership | 23.87 Bn | 24.06 Bn | - | - |
| 3 | Invitation Homes | 17.83 Bn | 17.83 Bn | 705.34 Mn | 6.40% |
| 4 | Mid America Apartment Communities | 15.25 Bn | 15.13 Bn | 537.17 Mn | 57.37% |
| 5 | Sun Communities | 14.86 Bn | 14.86 Bn | 460.10 Mn | 5.30% |
| 6 | Equity Lifestyle Properties | 12.60 Bn | 12.60 Bn | 375.97 Mn | 24.98% |
| 7 | American Homes 4 Rent | 12.37 Bn | 12.37 Bn | - | - |
| 8 | Udr | 12.15 Bn | 12.15 Bn | 412.43 Mn | 27.23% |
| 9 | Camden Property Trust | 10.99 Bn | 10.99 Bn | - | - |
| 10 | Independence Realty Trust | 3.91 Bn | 3.91 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 22.96% |
| Sep 30, 2024 | 18.54% |
| Jun 30, 2024 | 18.03% |
| Dec 31, 2023 | 23.72% |
| Sep 30, 2023 | 23.01% |
| Jun 30, 2023 | 20.62% |
| Mar 31, 2020 | 13.57% |
| Dec 31, 2019 | 21.90% |
| Sep 30, 2019 | 20.28% |
| Jun 30, 2019 | 20.61% |
| Mar 31, 2019 | 24.80% |
| Dec 31, 2018 | 28.15% |
| Sep 30, 2018 | 28.63% |
| Jun 30, 2018 | 25.89% |
| Mar 31, 2018 | 25.56% |
| Dec 31, 2017 | 26.96% |
| Sep 30, 2017 | 27.40% |
| Jun 30, 2017 | 28.35% |
| Mar 31, 2017 | 30.10% |
| Dec 31, 2016 | 27.98% |