Name: Independence Realty Trust, Inc. (IRT) Financial Statements
Creator: FinSpry

Independence Realty Trust Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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Independence Realty Trust, Inc. income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018
Revenue & Gross Profit
Revenue	640.04	660.98	628.53	250.25	211.91	203.22	191.23
Cost of Revenue	265.51	271.41	256.31	102.79	91.47	79.57	83.33
Gross Profit	374.52	389.57	372.22	147.46	120.43	123.66	107.91
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	24.25	22.77	26.26	18.61	24.30	12.75	10.82
Operating Expenses	245.10	241.73	279.11	95.52	84.99	73.29	56.04
Operating Income	129.43	147.84	93.11	51.94	43.33	49.77	51.87
Other Income/Expense
Interest Income	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	76.14	89.92	86.96	36.40	0.00	0.00	36.01
Other Income/Expense	-89.39	-75.72	114.51	29.99	-0.74	-0.60	10.75
Income
Income Before Tax	40.03	-17.81	120.66	45.53	15.14	46.35	26.61
Income Tax Expense	0.00	0.00	24.03	0.00	0.00	0.00	0.00
Net Income	39.29	-17.23	117.25	44.59	14.77	45.90	26.29
Net Income - Continuous Operations	39.29	-17.81	120.66	45.53	0.00	0.00	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBITDA	350.28	362.32	343.79	158.84	112.05	139.37	107.84
EBIT	40.03	143.35	90.94	81.93	51.37	84.44	62.62
Depreciation & Amortization	220.85	218.97	252.85	76.91	60.69	60.54	45.22
Earnings Per Share
Basic EPS	-	-	1.00	-	-	1.00	-
Diluted EPS	-	-	1.00	-	-	1.00	-
Basic Shares Outstanding	224.80	224.41	221.97	108.55	93.66	89.80	87.09
Diluted Shares Outstanding	225.58	224.41	223.12	109.83	94.69	90.42	87.38