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Independence Realty (IRT)
NYSE:IRT
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Independence Realty (IRT) Income Statement

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Independence Realty Income Statement

Last quarter (Q3 2024), Independence Realty's total revenue was $160.13M, a decrease of -2.33% from the same quarter last year. In Q3, Independence Realty's net income was $12.37M. See Independence Realty’s key income statements, including revenue, expenses, profit, and income.
Income Statement
TTM
Dec 23Dec 22Dec 21Dec 20Dec 19
Total Revenue
$ 647.68M$ 660.98M$ 628.52M$ 250.25M$ 211.91M$ 203.22M
Cost of Revenue
$ 252.19M$ 271.41M$ 256.31M$ 102.79M$ 91.47M$ 79.57M
Gross Profit
$ 402.99M$ 389.57M$ 372.22M$ 147.46M$ 120.43M$ 123.66M
Operating Expense
$ 261.51M$ 241.73M$ 279.11M$ 95.52M$ 84.99M$ 73.29M
Operating Income
$ -353.54M$ 108.16M$ 107.16M$ 61.08M$ 43.33M$ 49.77M
Net Non Operating Interest Income Expense
$ -14.02M$ -89.92M$ -86.95M$ -45.94M$ -36.49M$ -4.01M
Other Income Expense
$ 13.99M$ -75.72M$ 114.51M$ -78.17M$ -739.00K$ -603.00K
Pretax Income
$ -377.06M$ -17.81M$ 120.66M$ 93.31M$ 15.14M$ 46.35M
Tax Provision
--$ 24.03M---
Earnings From Equity Interest Net Of Tax
$ -3.56M$ -4.49M$ -2.17M---
Net Income Common Stockholders
$ 44.23M$ -17.23M$ 117.25M$ 44.59M$ 14.77M$ 45.90M
Basic EPS
$ 0.20$ -0.08$ 0.53$ 0.41$ 0.16$ 0.51
Diluted EPS
$ 0.20$ -0.08$ 0.53$ 0.41$ 0.16$ 0.51
Basic Average Shares
$ 898.74M$ 224.41M$ 221.97M$ 108.55M$ 93.66M$ 89.80M
Diluted Average Shares
$ 901.84M$ 224.41M$ 223.12M$ 109.83M$ 94.69M$ 90.42M
Dividend Per Share
$ 0.64$ 0.62$ 0.54$ 0.48$ 0.54$ 0.72
Total Operating Income As Reported
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Reported Normalized Basic E P S
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Reported Normalized Diluted E P S
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Rent Expense Supplemental
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Total Expenses
$ 506.21M$ 513.14M$ 535.42M$ 188.41M$ 167.84M$ 152.85M
Net Income From Continuing And Discontinued Operation
$ 44.23M$ -17.23M$ 117.25M$ 44.59M$ 14.77M$ 45.90M
Normalized Income
$ -186.96M-----
Interest Expense
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EBIT
$ -74.45M$ 72.11M$ 207.61M$ 81.93M$ 51.37M$ 84.44M
EBITDA
$ 149.66M$ 291.08M$ 460.46M$ 158.84M$ 112.05M$ 139.37M
Currency in USD

Independence Realty Earnings and Revenue History

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