Independence Realty Trust (IRT) Revenue & Revenue Breakdown
Independence Realty Trust Revenue Highlights
Latest Revenue (Y)
$660.98M
Latest Revenue (Q)
$158.40M
Main Segment (Y)
Real Estate Other
Main Geography (Y)
Real Estate Other
Independence Realty Trust Revenue by Period
Independence Realty Trust Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $660.98M | 5.16% |
| 2022-12-31 | $628.52M | 151.16% |
| 2021-12-31 | $250.25M | 18.10% |
| 2020-12-31 | $211.91M | 4.27% |
| 2019-12-31 | $203.22M | 6.27% |
| 2018-12-31 | $191.23M | 18.62% |
| 2017-12-31 | $161.22M | 5.10% |
| 2016-12-31 | $153.39M | 39.98% |
| 2015-12-31 | $109.58M | 122.70% |
| 2014-12-31 | $49.20M | 146.72% |
| 2013-12-31 | $19.94M | 19.93% |
| 2012-12-31 | $16.63M | 91.84% |
| 2011-12-31 | $8.67M | 161345.33% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $158.40M | -1.33% |
| 2024-03-31 | $160.53M | -3.90% |
| 2023-12-31 | $167.05M | -0.93% |
| 2023-09-30 | $168.61M | 2.84% |
| 2023-06-30 | $163.96M | 1.60% |
| 2023-03-31 | $161.37M | -0.88% |
| 2022-12-31 | $162.80M | 1.37% |
| 2022-09-30 | $160.60M | 3.77% |
| 2022-06-30 | $154.76M | 2.93% |
| 2022-03-31 | $150.36M | 95.49% |
| 2021-12-31 | $76.92M | 26.55% |
| 2021-09-30 | $60.78M | 5.81% |
| 2021-06-30 | $57.44M | 4.23% |
| 2021-03-31 | $55.11M | 1.89% |
| 2020-12-31 | $54.09M | -0.21% |
| 2020-09-30 | $54.20M | 3.70% |
| 2020-06-30 | $52.27M | 1.79% |
| 2020-03-31 | $51.35M | -0.15% |
| 2019-12-31 | $51.43M | 0.25% |
| 2019-09-30 | $51.30M | 0.67% |
| 2019-06-30 | $50.96M | 2.86% |
| 2019-03-31 | $49.54M | -0.54% |
| 2018-12-31 | $49.81M | 2.11% |
| 2018-09-30 | $48.78M | 4.03% |
| 2018-06-30 | $46.89M | 2.48% |
| 2018-03-31 | $45.76M | 7.79% |
| 2017-12-31 | $42.45M | 5.94% |
| 2017-09-30 | $40.07M | 1.28% |
| 2017-06-30 | $39.56M | 1.07% |
| 2017-03-31 | $39.14M | 2.92% |
| 2016-12-31 | $38.03M | -0.87% |
| 2016-09-30 | $38.36M | 0.10% |
| 2016-06-30 | $38.33M | -0.88% |
| 2016-03-31 | $38.67M | -2.63% |
| 2015-12-31 | $39.71M | 55.77% |
| 2015-09-30 | $25.49M | 11.75% |
| 2015-06-30 | $22.81M | 5.12% |
| 2015-03-31 | $21.70M | 32.62% |
| 2014-12-31 | $16.36M | 25.31% |
| 2014-09-30 | $13.06M | 12.09% |
| 2014-06-30 | $11.65M | 43.20% |
| 2014-03-31 | $8.13M | 41.04% |
| 2013-12-31 | $5.77M | 20.49% |
| 2013-09-30 | $4.79M | 1.85% |
| 2013-06-30 | $4.70M | 0.26% |
| 2013-03-31 | $4.69M | 3.90% |
| 2012-12-31 | $4.51M | 11.66% |
| 2012-09-30 | $4.04M | -1.10% |
| 2012-06-30 | $4.09M | 2.41% |
| 2012-03-31 | $3.99M | 21.94% |
| 2011-12-31 | $3.27M | 1.55% |
| 2011-09-30 | $3.22M | 48.21% |
| 2011-06-30 | $2.17M | 100.00% |
| 2011-03-31 | - | -100.00% |
| 2010-12-31 | $-1.00 | 100.00% |
| 2010-09-30 | - | -100.00% |
| 2010-06-30 | $2.73K | 3.45% |
| 2010-03-31 | $2.64K | 163.90% |
| 2009-09-30 | $1.00K | 100.00% |
| 2009-06-30 | - | - |
Independence Realty Trust generated $158.40M in revenue during Q2 2024, up -1.33% compared to the previous quarter, and up 98.16% 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/Service | Dec 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/Service | Dec 18 | Sep 18 | Jun 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
| Country | Dec 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
| Country | Dec 18 | Sep 18 | Jun 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
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| UDR | UDR | $1.63B | $415.32M |
| ELS | Equity LifeStyle Properties | $1.49B | $380.02M |
| IRT | Independence Realty Trust | $660.98M | $158.40M |
| CSR | Centerspace | $332.55M | $65.04M |
| VRE | Veris Residential | $279.86M | $67.48M |
| NXRT | NexPoint Residential Trust | $277.53M | $64.20M |
| ELME | Elme Communities | $227.91M | - |
| AIV | Apartment Investment and Management Company | $187.00M | $51.15M |
| CLPR | Clipper Realty | $138.21M | $37.35M |
| BRT | BRT Apartments | $93.62M | $23.86M |
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 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). The company'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). IRT's quarterly revenue for Q4 2023 was $167.05M, a -0.93% decrease from the previous quarter (Q3 2023), and a 2.61% increase year-over-year (Q4 2022).
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.