Independence Realty Trust, Inc.

NYSE IRT

Independence Realty Trust, Inc. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2024: 32.82%

Independence Realty Trust, Inc. Gross Profit Margin is 32.82% for the Trailing 12 Months (TTM) ending September 30, 2024, a -51.64% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.

Independence Realty Trust, Inc. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2023 was 67.87%, a 15.02% change year over year.
Independence Realty Trust, Inc. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2022 was 59.01%, a 1.29% change year over year.
Independence Realty Trust, Inc. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2021 was 58.25%, a 2.36% change year over year.
Independence Realty Trust, Inc. Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2020 was 56.91%, a 0.78% change year over year.

Key data

Date	Gross Profit Margin	Operating Income Margin	EBT Margin	Net Income Margin

NYSE: IRT

Independence Realty Trust, Inc.

CEO	Mr. Scott F. Schaeffer
IPO Date	Aug. 13, 2013
Location	United States
Headquarters	1835 Market Street
Employees	952
Sector	Real Estate
Industries Diversified REITs Industrial REITs Residential REITs

Description

Independence Realty Trust, Inc. (NYSE: IRT) is a real estate investment trust that owns and operates multifamily apartment properties across non-gateway U.S. markets, including Atlanta, Louisville, Memphis, and Raleigh. IRT's investment strategy is focused on gaining scale within key amenity rich submarkets that offer good school districts, high-quality retail and major employment centers. IRT aims to provide stockholders attractive risk-adjusted returns through diligent portfolio management, strong operational performance, and a consistent return on capital through distributions and capital appreciation.

Key trends

Past 5 years