Independence Realty TrustIRT -1.04%72 Gross Margin % is 57.44% as of Mar. 2026, which is 1% below its 10-year median of 57.79. GuruFocus rates IRT with a GF Score™ of 72/100 and a GF Value™ of $17.12 (Fairly Valued). The stock has 6 warning signs investors should review. Among 681 REITs companies, Independence Realty Trust ranks worse than 73.42% on this metric.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Independence Realty Trust had a gross margin of 57.44% for the quarter that ended in Mar. 2026 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Independence Realty Trust Gross Margin % Related Terms
Independence Realty Trust Gross Margin % Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the REIT - Residential subindustry, Independence Realty Trust's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Independence Realty Trust Gross Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Independence Realty Trust's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Independence Realty Trust's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Independence Realty Trust (IRT) has a Gross Margin % of 57.44% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Independence Realty Trust and its competitors. This is near median its historical median of 57.79. Over the past decade, Independence Realty Trust's Gross Margin % has ranged from 55.67 to 59.22. According to the industry distribution chart, Independence Realty Trust ranks #500 out of 681 companies in the REITs industry, placing it in the top 73.4%.
Is Independence Realty Trust's Gross Margin % too high?
Independence Realty Trust's current Gross Margin % of 57.44% is near median its 10-year median of 57.79. Over the past 10 years, this metric has ranged from a low of 55.67 to a high of 59.22. The REITs industry median Gross Margin % is 69.62. Independence Realty Trust's value of 57.44% is 17.5% below this industry median. Based on the distribution chart, Independence Realty Trust ranks #500 out of 681 companies in the REITs industry, which is below the industry midpoint. Overall, Independence Realty Trust has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Independence Realty Trust's Gross Margin % compare to MRP and JAN?
According to the REITs industry distribution chart, Independence Realty Trust ranks #500 out of 681 companies for Gross Margin %. This places Independence Realty Trust in the lower half of its industry. The industry median Gross Margin % is 69.62. Independence Realty Trust's value of 57.44% is 17.5% below this benchmark. Historically, Independence Realty Trust's own Gross Margin % has ranged from 55.67 to 59.22 over the past decade. While the company's 10-year median is 57.79 vs. the industry median of 69.62, Independence Realty Trust has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a REITs company?
The median Gross Margin % among REITs companies is 69.62, based on 681 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Independence Realty Trust's current Gross Margin % of 57.44% is 17.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Independence Realty Trust and its competitors. For the REITs industry, the median Gross Margin % is 69.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Independence Realty Trust's current Gross Margin % is 57.44%, which is near median its own 10-year median of 57.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Independence Realty Trust stock overvalued right now?
Based on GuruFocus' analysis, Independence Realty Trust (IRT) is currently considered Fairly Valued. The stock's GF Value™ is $17.12, compared to a current price of $17.15 — trading 0.2% above its estimated fair value. The current Gross Margin % is 57.44%, which is near median its 10-year median of 57.79 and 17.5% below the REITs industry median of 69.62. Independence Realty Trust's overall GF Score™ is 72/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Independence Realty Trust (IRT), the current Gross Margin % is 57.44% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Independence Realty Trust (IRT) Overvalued in 2026?
Based on GuruFocus' analysis, Independence Realty Trust stock appears to be overvalued.
The current stock price of $17.15 is trading 0.2% above its estimated GF Value™ of $17.12.
GuruFocus considers Independence Realty Trust to be Fairly Valued.
Key valuation signals for IRT:
Gross Margin %: 57.44% (near median its 10-year median of 57.79)
GF Value™: $17.12 vs. price of $17.15 (0.2% above fair value)
Industry Position: 17.5% below the REITs median (#500 of 681)
No single metric tells the full story. See the IRT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Independence Realty Trust Inc is a real estate investment trust (REIT) that acquires, owns, operates, improves and manages multifamily apartment communities across non-gateway U.S. markets. It owns and operates multifamily apartment properties, across non-gateway U.S markets, including Atlanta, Columbus, Dallas, Denver, Houston, Indianapolis, Nashville, Oklahoma City, Raleigh-Durham, and Tampa. The company is focused on gaining scale within key amenity-rich submarkets that offer school districts, retail, and various employment centers.
72GF Score
Get the complete analysis for IRT
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
IRT has been successfully added to your 
