Independence Income Before Tax from 2010 to 2024

IRT Stock  USD 22.01  0.28  1.29%   
Independence Realty Income Before Tax yearly trend continues to be comparatively stable with very little volatility. Income Before Tax is likely to outpace its year average in 2024. From the period from 2010 to 2024, Independence Realty Income Before Tax quarterly data regression had r-value of  0.30 and coefficient of variation of  191.02. View All Fundamentals
 
Income Before Tax  
First Reported
2009-09-30
Previous Quarter
10.6 M
Current Value
12.6 M
Quarterly Volatility
15.6 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Independence Realty financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Independence Realty's main balance sheet or income statement drivers, such as Interest Expense of 94.4 M, Selling General Administrative of 23.9 M or Total Revenue of 694 M, as well as many indicators such as Price To Sales Ratio of 4.93, Dividend Yield of 0.0537 or PTB Ratio of 0.95. Independence financial statements analysis is a perfect complement when working with Independence Realty Valuation or Volatility modules.
  
Check out the analysis of Independence Realty Correlation against competitors.

Latest Independence Realty's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Independence Realty Trust over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Independence Realty income statement and is an important metric when analyzing Independence Realty Trust profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Independence Realty's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Independence Realty's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

Independence Income Before Tax Regression Statistics

Arithmetic Mean18,375,152
Geometric Mean6,218,225
Coefficient Of Variation191.02
Mean Deviation25,399,745
Median2,944,000
Standard Deviation35,099,850
Sample Variance1232T
Range138.5M
R-Value0.30
Mean Square Error1207.3T
R-Squared0.09
Significance0.28
Slope2,355,239
Total Sum of Squares17248T

Independence Income Before Tax History

2024-16.9 M
2023-17.8 M
2022120.7 M
202145.5 M
202014.9 M
201946.4 M
201826.6 M

About Independence Realty Financial Statements

Independence Realty shareholders use historical fundamental indicators, such as Income Before Tax, to determine how well the company is positioned to perform in the future. Although Independence Realty investors may analyze each financial statement separately, they are all interrelated. The changes in Independence Realty's assets and liabilities, for example, are also reflected in the revenues and expenses on on Independence Realty's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Income Before Tax-17.8 M-16.9 M

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Additional Tools for Independence Stock Analysis

When running Independence Realty's price analysis, check to measure Independence Realty's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Independence Realty is operating at the current time. Most of Independence Realty's value examination focuses on studying past and present price action to predict the probability of Independence Realty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Independence Realty's price. Additionally, you may evaluate how the addition of Independence Realty to your portfolios can decrease your overall portfolio volatility.