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Independence Realty TrustIRT +0.06%70 Pretax Margin % is 2.04% as of Jun. 2026, which is 82% below its 10-year median of 11.35. GuruFocus rates IRT with a GF Score™ of 70/100 and a GF Value™ of $17.06 (Fairly Valued). The stock has 6 warning signs investors should review. Among 914 REITs companies, Independence Realty Trust ranks worse than 79.32% on this metric.
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Independence Realty Trust Pretax Margin % Related Terms
Independence Realty Trust Pretax 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 Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Independence Realty Trust's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Independence Realty Trust's Pretax 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.
Independence Realty Trust (IRT) has a Pretax Margin % of 2.04% as of Jun. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Independence Realty Trust and its competitors. This is 82% below median its historical median of 11.35. According to the industry distribution chart, Independence Realty Trust ranks #725 out of 914 companies in the REITs industry, placing it in the top 79.3%.
Is Independence Realty Trust's Pretax Margin % too high?
Independence Realty Trust's current Pretax Margin % of 2.04% is 82% below median its 10-year median of 11.35. The REITs industry median Pretax Margin % is 47.42. Independence Realty Trust's value of 2.04% is 95.7% below this industry median. Based on the distribution chart, Independence Realty Trust ranks #725 out of 914 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Independence Realty Trust has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Independence Realty Trust's Pretax Margin % compare to MRP and UMH?
According to the REITs industry distribution chart, Independence Realty Trust ranks #725 out of 914 companies for Pretax Margin %. This places Independence Realty Trust in the lower half of its industry. The industry median Pretax Margin % is 47.42. Independence Realty Trust's value of 2.04% is 95.7% below this benchmark. While the company's 10-year median is 11.35 vs. the industry median of 47.42, 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 Pretax Margin % for a REITs company?
The median Pretax Margin % among REITs companies is 47.42, based on 914 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Independence Realty Trust's current Pretax Margin % of 2.04% is 95.7% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Independence Realty Trust and its competitors. For the REITs industry, the median Pretax Margin % is 47.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Independence Realty Trust's current Pretax Margin % is 2.04%, which is 82% below median its own 10-year median of 11.35. 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 $17.06, compared to a current price of $16.63 — trading 2.5% below its estimated fair value. The current Pretax Margin % is 2.04%, which is 82% below median its 10-year median of 11.35 and 95.7% below the REITs industry median of 47.42. Independence Realty Trust's overall GF Score™ is 70/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Independence Realty Trust (IRT), the current Pretax Margin % is 2.04% as of Jun. 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 undervalued.
The current stock price of $16.63 is trading 2.5% below its estimated GF Value™ of $17.06.
GuruFocus considers Independence Realty Trust to be Fairly Valued.
Key valuation signals for IRT:
Pretax Margin %: 2.04% (82% below median its 10-year median of 11.35)
GF Value™: $17.06 vs. price of $16.63 (2.5% below fair value)
Industry Position: 95.7% below the REITs median (#725 of 914)
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.
70GF Score
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