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

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Independence Realty Income Statement

Last quarter (Q2 2024), Independence Realty's total revenue was $158.40M, a decrease of -1.84% from the same quarter last year. In Q2, Independence Realty's net income was $-129.82M. See Independence Realty’s key income statements, including revenue, expenses, profit, and income.
Income Statement
TTM
Dec 23Dec 22Dec 21Dec 20Dec 19
Total Revenue
$ 651.50M$ 660.98M$ 628.52M$ 250.25M$ 211.91M$ 203.22M
Cost of Revenue
$ 252.33M$ 271.41M$ 247.44M$ 103.15M$ 91.47M$ 87.29M
Gross Profit
$ 398.82M$ 389.57M$ 379.97M$ 146.34M$ 120.43M$ 115.93M
Operating Expense
$ 254.00M$ 241.73M$ 279.11M$ 95.52M$ 75.78M$ 65.56M
Operating Income
$ -21.69M$ 108.16M$ 100.86M$ 50.82M$ 44.65M$ 50.37M
Net Non Operating Interest Income Expense
$ -54.48M$ -89.92M$ 24.80M$ -36.40M$ -36.49M$ -39.23M
Other Income Expense
$ 14.48M$ -75.72M$ -500.00K$ -78.17M$ 6.71M$ 35.21M
Pretax Income
$ -90.66M$ -17.81M$ 126.16M$ 92.59M$ 14.88M$ 46.35M
Tax Provision
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Earnings From Equity Interest Net Of Tax
$ -15.33M$ -4.49M$ -2.17M---
Net Income Common Stockholders
$ -97.54M$ -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
$ 898.34M$ 224.41M$ 221.97M$ 108.55M$ 93.66M$ 89.80M
Diluted Average Shares
$ 900.86M$ 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
$ 506.33M$ 513.14M$ 526.55M$ 198.67M$ 167.25M$ 152.85M
Net Income From Continuing And Discontinued Operation
$ 42.57M$ -17.23M$ 117.25M$ 44.59M$ 14.77M$ 45.90M
Normalized Income
$ -38.11M---$ 9.68M$ 20.19M
Interest Expense
----$ 36.49M$ 39.23M
EBIT
$ -19.87M$ 72.11M$ 213.12M$ 128.99M$ 51.37M$ 85.58M
EBITDA
$ 196.27M$ 291.08M$ 459.97M$ 208.31M$ 112.05M$ 138.40M
Currency in USD

Independence Realty Earnings and Revenue History

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