Independence Historical Income Statement

IRT Stock

USD 19.21 0.11 0.58%

Historical analysis of Independence Realty income statement accounts such as Total Revenue of 798.1 M or Gross Profit of 103.4 M can show how well Independence Realty Trust performed in making a profits. Evaluating Independence Realty income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Independence Realty's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Independence Realty Trust latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Independence Realty Trust is a good buy for the upcoming year.

Net Income Gross Profit

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Independence Realty Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

About Independence Income Statement Analysis

Independence Realty Trust Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Independence Realty shareholders. The income statement also shows Independence investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Independence Realty Income Statement Chart

At this time, Independence Realty's Depreciation And Amortization is comparatively stable compared to the past year. Research Development is likely to gain to 0.04 in 2025, despite the fact that Net Loss is likely to grow to (18.8 M).

Selling General Administrative Total Revenue Gross Profit Other Operating Expenses

Total Revenue

Total revenue comprises all receipts Independence Realty Trust generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Independence Realty Trust minus its cost of goods sold. It is profit before Independence Realty operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Independence Realty Trust. It is also known as Independence Realty overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most accounts from Independence Realty's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Independence Realty Trust current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Independence Realty Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

	2022	2023	2024	2025 (projected)
Gross Profit	372.2M	167.4M	192.5M	103.4M
Total Revenue	628.5M	661.0M	760.1M	798.1M

Gross Profit Total Revenue

Independence Realty income statement Correlations

	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Income Before Tax	Net Income	Income Tax Expense	Depreciation And Amortization	Net Income From Continuing Ops	Cost Of Revenue	Non Recurring	Total Other Income Expense Net	Minority Interest	Non Operating Income Net Other	Interest Income	Net Interest Income	Reconciled Depreciation
Interest Expense		0.96	0.99	0.75	0.99	0.97	0.04	0.96	0.96	0.04	-0.27	0.26	0.81	0.74	0.95	0.05	-0.88	-0.75	0.92	0.92	-0.9	0.94
Selling General Administrative	0.96		0.95	0.83	0.95	0.91	-0.06	0.97	0.89	0.2	-0.2	0.43	0.86	0.79	0.86	0.23	-0.82	-0.77	0.9	0.86	-0.81	0.88
Total Revenue	0.99	0.95		0.73	1.0	0.98	0.04	0.97	0.99	0.02	-0.29	0.24	0.82	0.71	0.97	-0.01	-0.9	-0.78	0.93	0.96	-0.93	0.97
Gross Profit	0.75	0.83	0.73		0.76	0.62	-0.48	0.81	0.62	0.62	0.18	0.75	0.92	0.92	0.54	0.21	-0.79	-0.82	0.69	0.67	-0.72	0.73
Other Operating Expenses	0.99	0.95	1.0	0.76		0.97	-0.01	0.97	0.98	0.05	-0.27	0.28	0.85	0.73	0.95	-0.01	-0.92	-0.8	0.93	0.96	-0.94	0.98
Operating Income	0.97	0.91	0.98	0.62	0.97		0.22	0.92	0.98	-0.14	-0.39	0.09	0.7	0.59	0.98	0.02	-0.82	-0.68	0.88	0.92	-0.87	0.92
Ebit	0.04	-0.06	0.04	-0.48	-0.01	0.22		-0.05	0.13	-0.69	-0.3	-0.76	-0.5	-0.35	0.24	0.06	0.29	0.42	0.05	0.03	0.11	-0.09
Ebitda	0.96	0.97	0.97	0.81	0.97	0.92	-0.05		0.93	0.19	-0.18	0.4	0.89	0.76	0.9	0.11	-0.89	-0.84	0.93	0.94	-0.89	0.95
Total Operating Expenses	0.96	0.89	0.99	0.62	0.98	0.98	0.13	0.93		-0.13	-0.39	0.11	0.74	0.61	0.99	-0.09	-0.89	-0.73	0.91	0.96	-0.93	0.97
Income Before Tax	0.04	0.2	0.02	0.62	0.05	-0.14	-0.69	0.19	-0.13		0.75	0.87	0.48	0.6	-0.23	0.32	-0.16	-0.33	0.09	0.03	-0.04	0.06
Net Income	-0.27	-0.2	-0.29	0.18	-0.27	-0.39	-0.3	-0.18	-0.39	0.75		0.32	-0.01	0.3	-0.45	0.08	0.24	0.16	-0.17	-0.26	0.27	-0.27
Income Tax Expense	0.26	0.43	0.24	0.75	0.28	0.09	-0.76	0.4	0.11	0.87	0.32		0.7	0.63	0.0	0.39	-0.41	-0.58	0.25	0.24	-0.27	0.3
Depreciation And Amortization	0.81	0.86	0.82	0.92	0.85	0.7	-0.5	0.89	0.74	0.48	-0.01	0.7		0.82	0.66	0.08	-0.9	-0.92	0.78	0.8	-0.82	0.86
Net Income From Continuing Ops	0.74	0.79	0.71	0.92	0.73	0.59	-0.35	0.76	0.61	0.6	0.3	0.63	0.82		0.53	0.09	-0.71	-0.67	0.78	0.62	-0.69	0.69
Cost Of Revenue	0.95	0.86	0.97	0.54	0.95	0.98	0.24	0.9	0.99	-0.23	-0.45	0.0	0.66	0.53		-0.09	-0.83	-0.66	0.89	0.94	-0.89	0.93
Non Recurring	0.05	0.23	-0.01	0.21	-0.01	0.02	0.06	0.11	-0.09	0.32	0.08	0.39	0.08	0.09	-0.09		0.2	0.02	-0.04	-0.02	0.2	-0.13
Total Other Income Expense Net	-0.88	-0.82	-0.9	-0.79	-0.92	-0.82	0.29	-0.89	-0.89	-0.16	0.24	-0.41	-0.9	-0.71	-0.83	0.2		0.91	-0.81	-0.9	0.97	-0.96
Minority Interest	-0.75	-0.77	-0.78	-0.82	-0.8	-0.68	0.42	-0.84	-0.73	-0.33	0.16	-0.58	-0.92	-0.67	-0.66	0.02	0.91		-0.7	-0.77	0.84	-0.85
Non Operating Income Net Other	0.92	0.9	0.93	0.69	0.93	0.88	0.05	0.93	0.91	0.09	-0.17	0.25	0.78	0.78	0.89	-0.04	-0.81	-0.7		0.87	-0.87	0.91
Interest Income	0.92	0.86	0.96	0.67	0.96	0.92	0.03	0.94	0.96	0.03	-0.26	0.24	0.8	0.62	0.94	-0.02	-0.9	-0.77	0.87		-0.93	0.97
Net Interest Income	-0.9	-0.81	-0.93	-0.72	-0.94	-0.87	0.11	-0.89	-0.93	-0.04	0.27	-0.27	-0.82	-0.69	-0.89	0.2	0.97	0.84	-0.87	-0.93		-0.97
Reconciled Depreciation	0.94	0.88	0.97	0.73	0.98	0.92	-0.09	0.95	0.97	0.06	-0.27	0.3	0.86	0.69	0.93	-0.13	-0.96	-0.85	0.91	0.97	-0.97

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Independence Realty Account Relationship Matchups

Independence Realty income statement Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Interest Expense	36.5M	36.4M	87.0M	89.9M	103.4M	108.6M
Selling General Administrative	15.1M	18.6M	26.3M	22.8M	26.2M	27.5M
Total Revenue	211.9M	250.3M	628.5M	661.0M	760.1M	798.1M
Gross Profit	120.4M	147.5M	372.2M	167.4M	192.5M	103.4M
Other Operating Expenses	167.3M	198.3M	535.4M	516.4M	593.8M	623.5M
Operating Income	44.5M	51.9M	92.5M	147.8M	170.0M	178.5M
Ebit	(66.4M)	19.7M	(192.8M)	72.1M	64.9M	68.1M
Ebitda	105.2M	220.9M	345.3M	291.1M	334.7M	351.5M
Total Operating Expenses	75.8M	95.5M	279.1M	389.6M	448.0M	470.4M
Income Before Tax	14.9M	45.5M	120.7M	(17.8M)	(20.5M)	(19.5M)
Net Income	(21.6M)	8.2M	33.7M	(17.2M)	(19.8M)	(18.8M)
Income Tax Expense	36.5M	37.3M	87.0M	(456K)	(524.4K)	(498.2K)
Depreciation And Amortization	171.6M	201.2M	538.2M	219.0M	251.8M	264.4M
Net Income From Continuing Ops	14.9M	45.5M	120.7M	58.4M	67.1M	37.6M
Cost Of Revenue	91.5M	102.8M	256.3M	493.6M	567.7M	596.0M
Total Other Income Expense Net	(29.8M)	(6.4M)	(223.1M)	(165.6M)	(149.1M)	(141.6M)
Net Income Applicable To Common Shares	45.9M	14.8M	44.6M	117.2M	134.8M	141.6M
Minority Interest	109K	(940K)	(3.4M)	(1.5M)	(1.3M)	(1.2M)
Non Operating Income Net Other	35.2M	7.6M	77.4M	111.1M	127.8M	134.2M
Interest Income	39.2M	36.5M	36.4M	87.0M	100.0M	105.0M
Net Interest Income	(36.5M)	(36.4M)	(87.0M)	(89.7M)	(80.7M)	(76.7M)
Reconciled Depreciation	60.7M	76.9M	252.8M	215.2M	247.5M	259.9M

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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.

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Independence Historical Income Statement

About Independence Income Statement Analysis

Independence Realty Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Independence Realty income statement Correlations

Independence Realty Account Relationship Matchups

High Positive Relationship

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Independence Realty income statement Accounts

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Other Operating Expenses	+ 1.0	Total Revenue
Total Revenue	+ 0.99	Interest Expense
Other Operating Expenses	+ 0.99	Interest Expense
Total Operating Expenses	+ 0.99	Total Revenue
Cost Of Revenue	+ 0.99	Total Operating Expenses
Operating Income	+ 0.98	Total Revenue

Reconciled Depreciation	- 0.97	Net Interest Income
Reconciled Depreciation	- 0.96	Total Other Income Expense Net
Net Interest Income	- 0.94	Other Operating Expenses
Net Interest Income	- 0.93	Interest Income
Net Interest Income	- 0.93	Total Operating Expenses
Net Interest Income	- 0.93	Total Revenue