Independence Realty Trust (IRT) Payout Ratio (2011 - 2024)
Independence Realty Trust (IRT) posted Payout Ratio of 2.15 for Q4 2024, down 31.95% on a QoQ basis from 3.16 in Q3 2024, and down 14.61% year-over-year from 2.52 in Q1 2024.
Analysis
Independence Realty Trust (IRT) Payout Ratio (2011 - 2024) Analysis & Trends
Independence Realty Trust has reported Payout Ratio for 12 years, with the latest figure at 2.15 in Q4 2024.
- On a quarterly basis, Payout Ratio fell 14.61% year-over-year to 2.15 in Q4 2024; TTM through Dec 2024 was 2.6, a 24.29% decrease from a year earlier, with the FY2024 full-year figure at 3.19, up 28.37% from the prior year.
- Payout Ratio was 2.15 for Q4 2024 at Independence Realty Trust, down from 3.16 in the prior quarter.
- The five-year high for Payout Ratio was 3.24 in Q2 2024, with the low at 6.78 in Q1 2020.
- Average Payout Ratio over 3 years is 1.36, with a median of 2.52 recorded in 2023.
- The sharpest annual moves came in 2020 and 2024: Payout Ratio slumped 205.5% in 2020, then jumped 47.34% in 2024.
- Over 3 years, Payout Ratio stood at 6.78 in 2020, then soared by 137.13% to 2.52 in 2023, then dropped by 14.61% to 2.15 in 2024.
- The last three Payout Ratio figures came in at 2.15 (Q4 2024), 3.16 (Q3 2024), and 3.24 (Q2 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Vivmark Residential | 24.37 Bn | 24.37 Bn | - |
| 2 | Invitation Homes | 16.34 Bn | 16.34 Bn | 705.34 Mn |
| 3 | Mid America Apartment Communities | 14.46 Bn | 14.33 Bn | 537.17 Mn |
| 4 | Sun Communities | 14.11 Bn | 14.11 Bn | 460.10 Mn |
| 5 | Equity Lifestyle Properties | 11.69 Bn | 11.69 Bn | 375.97 Mn |
| 6 | American Homes 4 Rent | 11.38 Bn | 11.38 Bn | - |
| 7 | Udr | 11.36 Bn | 11.36 Bn | 412.43 Mn |
| 8 | Camden Property Trust | 10.49 Bn | 10.49 Bn | - |
| 9 | Avalonbay Communities | 9.67 Bn | 9.87 Bn | - |
| 10 | Independence Realty Trust | 3.59 Bn | 3.59 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 2.15 |
| Sep 30, 2024 | 3.16 |
| Jun 30, 2024 | 3.24 |
| Dec 31, 2023 | 2.52 |
| Sep 30, 2023 | 2.14 |
| Jun 30, 2023 | 3.10 |
| Mar 31, 2020 | -6.78 |
| Dec 31, 2019 | 11.96 |
| Sep 30, 2019 | 3.35 |
| Jun 30, 2019 | 1.10 |
| Mar 31, 2019 | 6.42 |
| Dec 31, 2018 | 1.84 |
| Sep 30, 2018 | 3.33 |
| Jun 30, 2018 | 4.47 |
| Mar 31, 2018 | 4.62 |
| Dec 31, 2017 | 2.54 |
| Mar 31, 2017 | 3.07 |
| Dec 31, 2016 | -0.30 |
| Sep 30, 2016 | 0.58 |
| Jun 30, 2016 | 0.05 |