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Independence Realty Trust (IRT) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

Independence Realty Trust Revenue Highlights

Latest Revenue (Y)

$660.98M

0

Main Segment (Y)

Real Estate Other

Main Geography (Y)

Real Estate Other

Independence Realty Trust Revenue by Period

Independence Realty Trust Revenue by Year

DateRevenueChange
2023-12-31$660.98M5.16%
2022-12-31$628.52M151.16%
2021-12-31$250.25M18.10%
2020-12-31$211.91M4.27%
2019-12-31$203.22M6.27%
2018-12-31$191.23M18.62%
2017-12-31$161.22M5.10%
2016-12-31$153.39M39.98%
2015-12-31$109.58M122.70%
2014-12-31$49.20M146.72%
2013-12-31$19.94M19.93%
2012-12-31$16.63M91.84%
2011-12-31$8.67M161345.33%
2010-12-31$5.37K-

Independence Realty Trust generated $660.98M in revenue during NA 2023, up 5.16% compared to the previous quarter, and up 345.64% compared to the same period a year ago.

Independence Realty Trust Revenue by Quarter

DateRevenueChange
2024-09-30--100.00%
2024-06-30$158.40M-1.33%
2024-03-31$160.53M-3.90%
2023-12-31$167.05M-0.93%
2023-09-30$168.61M2.84%
2023-06-30$163.96M1.60%
2023-03-31$161.37M-0.88%
2022-12-31$162.80M1.37%
2022-09-30$160.60M3.77%
2022-06-30$154.76M2.93%
2022-03-31$150.36M95.49%
2021-12-31$76.92M26.55%
2021-09-30$60.78M5.81%
2021-06-30$57.44M4.23%
2021-03-31$55.11M1.89%
2020-12-31$54.09M-0.21%
2020-09-30$54.20M3.70%
2020-06-30$52.27M1.79%
2020-03-31$51.35M-0.15%
2019-12-31$51.43M0.25%
2019-09-30$51.30M0.67%
2019-06-30$50.96M2.86%
2019-03-31$49.54M-0.54%
2018-12-31$49.81M2.11%
2018-09-30$48.78M4.03%
2018-06-30$46.89M2.48%
2018-03-31$45.76M7.79%
2017-12-31$42.45M5.94%
2017-09-30$40.07M1.28%
2017-06-30$39.56M1.07%
2017-03-31$39.14M2.92%
2016-12-31$38.03M-0.87%
2016-09-30$38.36M0.10%
2016-06-30$38.33M-0.88%
2016-03-31$38.67M-2.63%
2015-12-31$39.71M55.77%
2015-09-30$25.49M11.75%
2015-06-30$22.81M5.12%
2015-03-31$21.70M32.62%
2014-12-31$16.36M25.31%
2014-09-30$13.06M12.09%
2014-06-30$11.65M43.20%
2014-03-31$8.13M41.04%
2013-12-31$5.77M20.49%
2013-09-30$4.79M1.85%
2013-06-30$4.70M0.26%
2013-03-31$4.69M3.90%
2012-12-31$4.51M11.66%
2012-09-30$4.04M-1.10%
2012-06-30$4.09M2.41%
2012-03-31$3.99M21.94%
2011-12-31$3.27M1.55%
2011-09-30$3.22M48.21%
2011-06-30$2.17M100.00%
2011-03-31--100.00%
2010-12-31$-1.00100.00%
2010-09-30--100.00%
2010-06-30$2.73K3.45%
2010-03-31$2.64K163.90%
2009-09-30$1.00K100.00%
2009-06-30--

Independence Realty Trust generated - in revenue during Q3 2024, up -100.00% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

Independence Realty Trust Revenue Breakdown

Independence Realty Trust Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 18
Tenant Reimbursement Income$6.55M
Real Estate Other$13.65M

Independence Realty Trust's latest annual revenue breakdown by segment (product or service), as of Dec 18: Real Estate Other (67.58%), and Tenant Reimbursement Income (32.42%).

Quarterly Revenue by Product

Product/ServiceDec 18Sep 18Jun 18
Tenant Reimbursement Income$1.73M$1.62M$1.59M
Real Estate Other$3.43M$3.61M$3.46M

Independence Realty Trust's latest quarterly revenue breakdown by segment (product or service), as of Dec 18: Real Estate Other (66.45%), and Tenant Reimbursement Income (33.55%).

Independence Realty Trust Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 18
Real Estate Other$13.65M
Tenant Reimbursement Income$6.55M

Independence Realty Trust's latest annual revenue breakdown by geography, as of Dec 18: Real Estate Other (67.58%), and Tenant Reimbursement Income (32.42%).

Quarterly Revenue by Country

CountryDec 18Sep 18Jun 18
Tenant Reimbursement Income$1.73M$1.62M$1.59M
Real Estate Other$3.43M$3.61M$3.46M

Independence Realty Trust's latest quarterly revenue breakdown by geography, as of Dec 18: Real Estate Other (66.45%), and Tenant Reimbursement Income (33.55%).

Independence Realty Trust Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
UDRUDR$1.63B$420.16M
ELSEquity LifeStyle Properties$1.49B$30.84M
IRTIndependence Realty Trust$660.98M-
CSRCenterspace$332.55M$65.03M
VREVeris Residential$279.86M$2.02M
NXRTNexPoint Residential Trust$277.53M$64.09M
ELMEElme Communities$227.91M$61.05M
AIVApartment Investment and Management Company$187.00M$53.16M
CLPRClipper Realty$138.21M$37.62M
BRTBRT Apartments$93.62M$24.40M

IRT Revenue FAQ

What is Independence Realty Trust’s yearly revenue?

Independence Realty Trust's yearly revenue for 2023 was $660.98M, representing an increase of 5.16% compared to 2022. The company's yearly revenue for 2022 was $628.52M, representing an increase of 151.16% compared to 2021. IRT's yearly revenue for 2021 was $250.25M, representing an increase of 18.10% compared to 2020.

What is Independence Realty Trust’s quarterly revenue?

Independence Realty Trust's quarterly revenue for Q3 2024 was $0, a -100.00% decrease from the previous quarter (Q2 2024), and a -100.00% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $158.4M, a -1.33% decrease from the previous quarter (Q1 2024), and a -3.39% decrease year-over-year (Q2 2023). IRT's quarterly revenue for Q1 2024 was $160.53M, a -3.90% decrease from the previous quarter (Q4 2023), and a -0.52% decrease year-over-year (Q1 2023).

What is Independence Realty Trust’s revenue growth rate?

Independence Realty Trust's revenue growth rate for the last 3 years (2021-2023) was 164.13%, and for the last 5 years (2019-2023) was 225.25%.

What are Independence Realty Trust’s revenue streams?

Independence Realty Trust's revenue streams in c 18 are Tenant Reimbursement Income, and Real Estate Other. Tenant Reimbursement Income generated $6.55M in revenue, accounting 32.42% of the company's total revenue Real Estate Other generated $13.65M in revenue, accounting 67.58% of the company's total revenue

What is Independence Realty Trust’s main source of revenue?

For the fiscal year ending Dec 18, the largest source of revenue of Independence Realty Trust was Real Estate Other. This segment made a revenue of $13.65M, representing 67.58% of the company's total revenue.