IRT
Income statement / Annual
Last year (2023), Independence Realty Trust, Inc.'s total revenue was $660.98 M,
an increase of 5.16% from the previous year.
In 2023, Independence Realty Trust, Inc.'s net income was -$17.23 M.
See Independence Realty Trust, Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
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 |
12/31/2014 |
| Operating Revenue |
$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
|
$49.20 M
|
| Cost of Revenue |
$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 |
$23.43 M |
| Gross Profit |
$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 |
$25.78 M |
| Gross Profit Ratio |
0.25 |
0.59 |
0.59 |
0.57 |
0.57 |
0.56 |
0.56 |
0.56 |
0.54 |
0.52 |
| Research and Development
Expenses |
$0.00
|
$0.19
|
$0.18
|
$0.04
|
$0.21
|
$0.12
|
$0.18
|
-$0.13
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$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
|
$2.87 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 |
$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
|
$2.87 M
|
| Other Expenses |
$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 |
$12.52 M |
| Operating Expenses |
$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 |
$15.39 M |
| Cost And Expenses |
$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 |
$38.82 M |
| Interest Income |
$0.00 |
$86.96 M |
$36.40 M |
$36.49 M |
$39.23 M |
$0.00 |
$0.00 |
$0.00 |
$19,000.00 |
$17,000.00 |
| Interest Expense |
$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 |
$8.50 M |
| Depreciation &
Amortization |
$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
|
$12.52 M
|
| EBITDA |
$635.62 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
|
$21.06 M
|
| EBITDA Ratio |
0.96 |
0.55 |
0.51 |
0.5 |
0.51 |
0.51 |
0.5 |
0.19 |
0.47 |
0.47 |
| Operating Income Ratio
|
0.22
|
0.15
|
0.21
|
0.21
|
0.25
|
0.27
|
0.28
|
0.26
|
0.09
|
0.17
|
| Total Other
Income/Expenses Net |
-$162.41 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
|
-$5.60 M
|
| Income Before Tax |
-$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 |
$2.94 M |
| Income Before Tax Ratio
|
-0.03
|
0.19
|
0.18
|
0.07
|
0.23
|
0.14
|
0.2
|
-0.06
|
0.28
|
0.06
|
| Income Tax Expense |
$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 |
$4,000.00 |
| Net Income |
-$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 |
$2.94 M |
| Net Income Ratio |
-0.03 |
0.05 |
0.03 |
-0.1 |
0.03 |
0.14 |
0.19 |
-0.06 |
0.26 |
0.06 |
| EPS |
-0.0768 |
0.15 |
0.0754 |
-0.23 |
0.0743 |
0.3 |
0.41 |
-0.19 |
0.78 |
0.14 |
| EPS Diluted |
-0.0768 |
0.15 |
0.0746 |
-0.23 |
0.0738 |
0.3 |
0.41 |
-0.19 |
0.78 |
0.14 |
| Weighted Average Shares
Out |
$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
|
$21.32 M
|
| Weighted Average Shares
Out Diluted |
$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
|
$21.53 M
|
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