Independence Realty Trust, Inc. (IRT) Financials

$19.21

south_east
-$0.71 (-3.56%)
Day's range
$19.19
Day's range
$19.9

IRT Income statement / Annual

Last year (2024), Independence Realty Trust, Inc.'s total revenue was $640.04 M, a decrease of 3.17% from the previous year. In 2024, Independence Realty Trust, Inc.'s net income was $39.29 M. See Independence Realty Trust, Inc.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2024 FY-2023 FY-2022 FY-2021 FY-2020 FY-2019 FY-2018 FY-2017 FY-2016 FY-2015
Period Ended 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Operating Revenue $640.04 M $660.98 M $628.53 M $250.25 M $211.91 M $203.22 M $191.23 M $161.22 M $153.39 M $109.58 M
Cost of Revenue $0.00 $493.61 M $256.31 M $102.79 M $91.47 M $87.29 M $83.33 M $70.72 M $68.00 M $49.96 M
Gross Profit $640.04 M $167.37 M $372.22 M $147.46 M $120.43 M $115.93 M $107.91 M $90.49 M $85.39 M $59.62 M
Gross Profit Ratio 1 0.25 0.59 0.59 0.57 0.57 0.56 0.56 0.56 0.54
Research and Development Expenses $0.00 $0.00 $0.19 $0.18 $0.04 $0.21 $0.12 $0.18 -$0.13 $0.00
General & Administrative Expenses $24.25 M $22.77 M $26.26 M $18.61 M $15.10 M $12.75 M $10.82 M $9.53 M $10.86 M $7.79 M
Selling & Marketing Expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Selling, General & Administrative Expenses $24.25 M $22.77 M $26.26 M $18.61 M $15.10 M $12.75 M $10.82 M $9.53 M $10.86 M $7.79 M
Other Expenses $211.34 M $0.00 $252.85 M $76.91 M $60.69 M $52.82 M $144,000.00 $89,000.00 -$44.98 M $28.09 M
Operating Expenses $235.59 M $389.57 M $279.11 M $95.52 M $75.78 M $65.56 M $56.04 M $43.73 M $45.69 M $35.88 M
Cost And Expenses $235.59 M $516.38 M $535.42 M $198.31 M $167.25 M $152.85 M $139.36 M $114.45 M $113.68 M $85.84 M
Interest Income $0.00 $0.00 $86.96 M $36.40 M $36.49 M $39.23 M $0.00 $0.00 $0.00 $19,000.00
Interest Expense $76.14 M $89.92 M $86.96 M $36.40 M $36.49 M $39.23 M $36.01 M $28.70 M $35.54 M $23.55 M
Depreciation & Amortization $220.85 M $218.97 M $538.17 M $201.17 M $171.56 M $155.20 M $139.36 M $118.04 M $115.86 M $28.09 M
EBITDA $337.03 M $291.08 M $345.35 M $220.88 M $105.21 M $52.82 M $97.04 M $79.63 M $74.49 M $38.28 M
EBITDA Ratio 0.53 0.44 0.55 0.51 0.5 0.51 0.51 0.5 0.19 0.47
Operating Income Ratio 0 0.22 0.15 0.21 0.21 0.25 0.27 0.28 0.26 0.09
Total Other Income/Expenses Net $40.03 M -$165.65 M -$223.13 M -$6.41 M -$29.78 M -$4.02 M -$25.21 M -$13.98 M -$49.22 M $19.97 M
Income Before Tax $40.03 M -$17.81 M $120.66 M $45.53 M $14.88 M $46.35 M $26.61 M $31.44 M -$9.56 M $30.16 M
Income Before Tax Ratio 0.06 -0.03 0.19 0.18 0.07 0.23 0.14 0.2 -0.06 0.28
Income Tax Expense $0.00 $0.00 $86.96 M $37.34 M $36.47 M $39.68 M $322,000.00 $1.24 M $246,000.00 $1.91 M
Net Income $39.29 M -$17.23 M $33.70 M $8.19 M -$21.59 M $6.67 M $26.29 M $30.21 M -$9.80 M $28.24 M
Net Income Ratio 0.06 -0.03 0.05 0.03 -0.1 0.03 0.14 0.19 -0.06 0.26
EPS 0.18 -0.0768 0.15 0.0754 -0.23 0.0743 0.3 0.41 -0.19 0.78
EPS Diluted 0.18 -0.0768 0.15 0.0746 -0.23 0.0738 0.3 0.41 -0.19 0.78
Weighted Average Shares Out $224.80 M $224.41 M $221.97 M $108.55 M $93.66 M $89.80 M $87.09 M $73.34 M $51.58 M $36.15 M
Weighted Average Shares Out Diluted $225.58 M $224.41 M $223.12 M $109.83 M $94.69 M $90.42 M $87.38 M $73.60 M $52.18 M $36.16 M
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