SELECT * FROM `stock_list` WHERE `symbol` = "IRT" and stock_list.exchange IN (SELECT exchange FROM gurufocu_main.stock_list_exchanges where country='USA' and active=1) limit 0,1
SELECT * FROM `stock_list` where symbol='IRT' AND exchange = 'NYSE' limit 0,1
SELECT * FROM `stock_list` WHERE `symbol` = "IRT" and stock_list.exchange IN (SELECT exchange FROM gurufocu_main.stock_list_exchanges where country='USA' and active=1) limit 0,1 IRT (Independence Realty Trust) Gross-Profit-to-Asset %
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Independence Realty Trust Inc (NYSE:IRT) » Definitions » Gross-Profit-to-Asset %

Independence Realty Trust (Independence Realty Trust) Gross-Profit-to-Asset % : 6.08% (As of Mar. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Independence Realty Trust Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Independence Realty Trust's annualized Gross Profit for the quarter that ended in Mar. 2024 was $372.3 Mil. Independence Realty Trust's average Total Assets over the quarter that ended in Mar. 2024 was $6,126.5 Mil. Therefore, Independence Realty Trust's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 6.08%.


Independence Realty Trust Gross-Profit-to-Asset % Historical Data

The historical data trend for Independence Realty Trust's Gross-Profit-to-Asset % can be seen below:

* 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.

* Premium members only.

Independence Realty Trust Gross-Profit-to-Asset % Chart

Independence Realty Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.98 7.09 3.58 5.71 6.08

Independence Realty Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.88 5.85 5.99 6.26 6.08

Competitive Comparison of Independence Realty Trust's Gross-Profit-to-Asset %

For the REIT - Residential subindustry, Independence Realty Trust's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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's Gross-Profit-to-Asset % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Independence Realty Trust's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Independence Realty Trust's Gross-Profit-to-Asset % falls into.



Independence Realty Trust Gross-Profit-to-Asset % Calculation

Independence Realty Trust's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=389.572/( (6532.095+6280.175)/ 2 )
=389.572/6406.135
=6.08 %

Independence Realty Trust's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=372.256/( (6280.175+5972.848)/ 2 )
=372.256/6126.5115
=6.08 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Independence Realty Trust Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Independence Realty Trust's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.


Independence Realty Trust (Independence Realty Trust) Business Description

Traded in Other Exchanges
N/A
Address
1835 Market Street, Suite 2601, Philadelphia, PA, USA, 19103
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 Louisville, Memphis, Atlanta, and Raleigh. The company is focused on gaining scale within key amenity-rich submarkets that offer school districts, retail, and employment centers.
Executives
Michele R. Weisbaum other: General Counsel C/O RESOURCE AMERICA, INC., 1845 WALNUT STREET, 18TH FLOOR, PHILADELPHIA PA 19103
Scott Schaeffer director, officer: Chairman, CEO & President C/O INDEPENDENCE REALTY TRUST, 1835 MARKET STREET, SUITE 2601, PHILADELPHIA PA 19103
Ella S Neyland director, officer: Chief Operating Officer
Stephen R. Bowie director 18100 VON KARMAN AVENUE, SUITE 500, IRVINE CA 92612
Thomas H. Purcell director 18100 VON KARMAN AVENUE, SUITE 500, IRVINE CA 92612
Ned Brines director 18100 VON KARMAN AVENUE, SUITE 500, IRVINE CA 92612
Del Rio Ana Marie director 18100 VON KARMAN AVE, SUITE 500, IRVINE CA 92612
Lisa Washington director 311 ROUSER ROAD, MOON TOWNSHIP PA 15108
Richard H Ross director C/O INDEPENDENCE REALTY TRUST, 1835 MARKET STREET, SUITE 2601, PHILADELPHIA PA 19103
James J Sebra officer: CFO & Treasurer C/O INDEPENDENCE REALTY TRUST, 1835 MARKET STREET, SUITE 2601, PHILADELPHIA PA 19103
William C Dunkelberg director C/O INDEPENDENCE REALTY TRUST, 1835 MARKET STREET, SUITE 2601, PHILADELPHIA PA 19103
Jessica K Norman officer: EVP, General Counsel 1835 MARKET STREET, SUITE 2601, PHILADELPHIA PA 19103
Jason R Delozier officer: CAO and Controller C/O INDEPENDENCE REALTY TRUST, 1835 MARKET STREET, SUITE 2601, PHILADELPHIA PA 19103
Richard D Gebert director C/O INDEPENDENCE REALTY TRUST, 1835 MARKET STREET, SUITE 2601, PHILADELPHIA PA 19103
Melinda H Mcclure director C/O INDEPENDENCE REALTY TRUST, 1835 MARKET STREET, SUITE 2601, PHILADELPHIA PA 19103