Independence Realty Trust Inc (IRT)
21.75
+0.27
(+1.26%)
USD |
NYSE |
Nov 22, 16:00
21.76
+0.01
(+0.05%)
After-Hours: 20:00
Independence Realty Trust Gross Profit Margin (Quarterly): 57.59% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 57.59% |
| June 30, 2024 | 56.72% |
| March 31, 2024 | 57.97% |
| December 31, 2023 | 60.27% |
| September 30, 2023 | 58.17% |
| June 30, 2023 | 57.98% |
| March 31, 2023 | 59.33% |
| December 31, 2022 | 60.66% |
| September 30, 2022 | 59.08% |
| June 30, 2022 | 57.93% |
| March 31, 2022 | 59.14% |
| December 31, 2021 | 60.77% |
| September 30, 2021 | 58.27% |
| June 30, 2021 | 57.40% |
| March 31, 2021 | 58.66% |
| December 31, 2020 | 58.73% |
| September 30, 2020 | 55.34% |
| June 30, 2020 | 55.90% |
| March 31, 2020 | 57.37% |
| December 31, 2019 | 59.14% |
| September 30, 2019 | 56.24% |
| June 30, 2019 | 56.56% |
| March 31, 2019 | 56.20% |
| December 31, 2018 | 56.88% |
| September 30, 2018 | 56.02% |
| Date | Value |
|---|---|
| June 30, 2018 | 56.72% |
| March 31, 2018 | 56.07% |
| December 31, 2017 | 56.87% |
| September 30, 2017 | 56.26% |
| June 30, 2017 | 56.11% |
| March 31, 2017 | 55.21% |
| December 31, 2016 | 56.10% |
| September 30, 2016 | 54.84% |
| June 30, 2016 | 56.03% |
| March 31, 2016 | 55.72% |
| December 31, 2015 | 56.19% |
| September 30, 2015 | 53.14% |
| June 30, 2015 | 53.71% |
| March 31, 2015 | 53.39% |
| December 31, 2014 | 52.97% |
| September 30, 2014 | 52.92% |
| June 30, 2014 | 52.06% |
| March 31, 2014 | 50.98% |
| December 31, 2013 | 54.77% |
| September 30, 2013 | 49.57% |
| June 30, 2013 | 52.32% |
| March 31, 2013 | 53.82% |
| December 31, 2012 | 52.17% |
| September 30, 2012 | 48.06% |
| June 30, 2012 | 52.91% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
55.34%
Minimum
Sep 2020
60.77%
Maximum
Dec 2021
58.32%
Average
58.22%
Median
Gross Profit Margin (Quarterly) Benchmarks
| AvalonBay Communities Inc | 62.49% |
| Mid-America Apartment Communities Inc | 31.86% |
| Equity Residential | 63.57% |
| Essex Property Trust Inc | 86.44% |
| Sun Communities Inc | 48.36% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -0.01% |
| Return on Assets | -0.00% |
| Return on Invested Capital | -0.00% |
| Profit Margin (Quarterly) | 7.72% |
| Operating Margin (Quarterly) | 20.10% |