Independence Realty Trust profit margin IRT
Gross, operating and net profit as a share of revenue over the last twelve months, from 2011.
- Net margin, 12 months
- 6.5%
- Net margin on a year earlier
- +2.2 pts
- Peer median
- 19.7%
Over the twelve months to Jun 30, 2026, Independence Realty Trust kept 6.5% of its revenue as net profit and a gross margin of 58.7%.
Five years earlier its net margin was 8.5%.
The median for 10 specialty REITs of a similar size is 19.7%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Gross margin |
|---|---|---|
| FY2025 | 8.6% | 59.1% |
| FY2024 | 6.1% | 58.5% |
| FY2023 | −2.6% | 58.9% |
| FY2022 | 18.7% | 59.2% |
| FY2021 | 17.8% | 58.9% |
| FY2020 | 7.0% | 56.8% |
| FY2019 | 22.6% | 57.0% |
| FY2018 | 13.7% | 56.4% |
| FY2017 | 18.7% | 56.1% |
| FY2016 | −6.4% | 55.7% |
| FY2015 | 25.8% | n/a |
| FY2014 | 6.0% | n/a |
| FY2013 | 3.1% | n/a |
| FY2012 | −0.7% | n/a |
| FY2011 | −1.3% | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year |
|---|---|---|---|
| Q2 FY26 | 6.5% | +2.2 pts | |
| Q1 FY26 | 7.3% | +2.6 pts | |
| Q4 FY25 | 8.6% | +2.5 pts | |
| Q3 FY25 | 3.4% | +3.5 pts | |
| Q2 FY25 | 4.3% | +5.6 pts | |
| Q1 FY25 | 4.7% | +6.0 pts | |
| Q4 FY24 | 6.1% | +8.7 pts | |
| Q3 FY24 | −0.0% | −8.7 pts | |
| Q2 FY24 | −1.3% | −12.0 pts | |
| Q1 FY24 | −1.3% | −9.3 pts | |
| Q4 FY23 | −2.6% | −21.3 pts | |
| Q3 FY23 | 8.7% | −12.0 pts |
Against its peers
Companies in REIT - Specialty nearest Independence Realty Trust's size, closest first, today.
| Company | Profit margin |
|---|---|
| IRTIndependence Realty Trust | 6.5% |
| LXPLXP Industrial Trust | 18.7% |
| HIWHighwoods Properties | 20.8% |
| BNLBroadstone Net Lease | 30.6% |
| NHINational Health Investors | 38.6% |
| CDPCopt Defense Properties | 20.9% |
| CXWCoreCivic | 5.1% |
| HHHHoward Hughes | 12.3% |
| APLEApple Hospitality REIT | 12.2% |
| EPREPR Properties | 35.5% |
| KRCKilroy Realty | 1.7% |
| Peer median | 19.7% |
Where Independence Realty Trust ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Independence Realty Trust
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.