Independence Realty Trust (IRT) Operating Margin (2016 - 2024)
Independence Realty Trust's Operating Margin history spans 12 years, with the latest figure at 22.96% for Q4 2024.
- For Q4 2024, Operating Margin fell 76.0% year-over-year to 22.96%; the TTM value through Dec 2024 reached 21.06%, up 303.0%, while the annual FY2024 figure was 18.99%, 309.0% down from the prior year.
- Operating Margin reached 22.96% in Q4 2024 per IRT's latest filing, up from 18.54% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 23.72% in Q4 2023 to a low of 13.57% in Q1 2020.
- Average Operating Margin over 3 years is 20.06%, with a median of 20.62% recorded in 2023.
- Peak YoY movement for Operating Margin: plummeted -1123bps in 2020, then plummeted -76bps in 2024.
- A 3-year view of Operating Margin shows it stood at 13.57% in 2020, then skyrocketed by 75bps to 23.72% in 2023, then dropped by -3bps to 22.96% in 2024.
- Per Business Quant, the three most recent readings for IRT's Operating Margin are 22.96% (Q4 2024), 18.54% (Q3 2024), and 18.03% (Q2 2024).