Independence Realty Trust, Inc. (NYSE: IRT) is a real estate investment trust that owns and operates multifamily apartment properties across non-gateway U.S. markets, including Atlanta, Louisville, Memphis, and Raleigh. IRT's investment strategy is focused on gaining scale within key amenity rich submarkets that offer good school districts, high-quality retail and major employment centers. IRT aims to provide stockholders attractive risk-adjusted returns through diligent portfolio management, strong operational performance, and a consistent return on capital through distributions and capital appreciation.
Revenue of Independence Realty Trust, Inc. (IRT)
Revenue in 2023 (TTM): $660.98 M
According to Independence Realty Trust, Inc.'s latest financial reports the company's current revenue (TTM) is $660.98 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Independence Realty Trust, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $660.98 M | $167.37 M | $635.62 M | $-17,807,000 | $-17,227,000 |
| 2022 | $628.53 M | $372.22 M | $345.35 M | $120.66 M | $33.7 M |
| 2021 | $250.25 M | $147.46 M | $220.88 M | $45.53 M | $8.19 M |
| 2020 | $211.91 M | $120.43 M | $105.21 M | $14.88 M | $-21,590,000 |
| 2019 | $203.22 M | $115.93 M | $52.82 M | $46.35 M | $6.67 M |
| 2018 | $191.23 M | $107.91 M | $97.04 M | $26.61 M | $26.29 M |
| 2017 | $161.22 M | $90.49 M | $79.63 M | $31.44 M | $30.21 M |
| 2016 | $153.39 M | $85.39 M | $74.49 M | $-9,555,000 | $-9,801,000 |
| 2015 | $109.58 M | $59.62 M | $38.28 M | $30.16 M | $28.24 M |
| 2014 | $49.2 M | $25.78 M | $21.06 M | $2.94 M | $2.94 M |
| 2013 | $19.94 M | $10.51 M | $9.59 M | $1.27 M | $625 K |
| 2012 | $16.63 M | $8.56 M | $7.2 M | $427 K | $-108,000 |
| 2011 | $8.67 M | $4.19 M | $3.13 M | $-370,000 | $-112,000 |
| 2010 | $5.37 K | $5.37 K | $4.93 K | $4.93 K | $3.73 K |