← INDEPENDENCE REALTY TRUST, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $153.4m |
$161.2m
+5.10%
|
$191.2m
+18.62%
|
$203.2m
+6.27%
|
$211.9m
+4.27%
|
$250.3m
+18.10%
|
$628.5m
+151.16%
|
$661.0m
+5.16%
|
$640.0m
-3.17%
|
$657.7m
+2.76%
|
$666.8m
+1.39%
|
|
| Gains (Losses) on Sales of Investment Real Estate | $31.8m | $18.9m | $10.6m | $35.2m | $7.6m | $87.7m | $111.8m | ($66.5m) | ($9.9m) | $6.1m | — | |
| Cost of Revenue | $4.8m |
$6.0m
+23.91%
|
$7.0m
+15.93%
|
$7.7m
+10.96%
|
— | — | — | — | — | — | $275.2m | |
| Gross Profit (Calculated) | $148.5m |
$155.2m
+4.49%
|
$184.3m
+18.72%
|
$195.5m
+6.09%
|
— | — | — | — | — | — | — | |
| General and Administrative Expense | $3.4m | $9.5m | $10.8m | $12.7m | $15.1m | $18.6m | $26.3m | $22.8m | $24.2m | $24.0m | $23.8m | |
| Amortization of Intangible Assets | $3.7m | $1.5m | $3.4m | $1.6m | $631k | $5.1m | $54.0m | $731k | $1.4m | $8.7m | — | |
| Operating Lease, Lease Income | — | — | — | — | — | — | — | — | — | $656.5m | — | |
| Operating Lease, Expense | — | — | — | — | — | — | $1.3m | $849k | $674k | $616k | — | |
| Restructuring Costs | — | — | — | — | — | $0 | $0 | $3.2m | $0 | $0 | — | |
| Operating expenses: | ||||||||||||
| Operating Income (Loss) | $39.7m |
$45.4m
+14.53%
|
$51.8m
+14.08%
|
— | — | — | — | — | — | — | $113.6m | |
| Other Nonoperating Income (Expense) | $4k | $89k | $144k | — | $0 | $0 | $1.6m | ($427k) | ($1k) | ($352k) | — | |
| Income (Loss) from Equity Method Investments | — | — | — | — | $0 | $0 | ($2.2m) | ($4.5m) | $347k | $11.1m | — | |
| Interest Expense (non-operating) | $35.5m | $28.7m | $36.0m | $39.2m | $36.5m | $36.4m | $87.0m | $89.9m | $76.1m | $79.0m | $83.2m | |
| Other Income | $10.4m | — | — | $603k | $739k | $760k | $1.1m | $1.1m | $1.1m | $1.2m | — | |
| Income Tax Expense (Benefit) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | $0 | — | |
| Net Income (Loss) Attributable to Parent | ($9.8m) |
$30.2m
+408.19%
|
$26.3m
-12.97%
|
$45.9m
+74.59%
|
$14.8m
-67.82%
|
$44.6m
+201.93%
|
$117.2m
+162.95%
|
($17.2m)
-114.69%
|
$39.3m
+328.08%
|
$56.6m
+43.95%
|
$43.5m
-23.12%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | $246k | $1.2m | $322k | $458k | $109k | $940k | $3.4m | ($580k) | $742k | $1.1m | $43.5m | |
| Earnings Per Share, Basic | ($0.19) | $0.41 | $0.30 | $0.51 | $0.16 | $0.41 | $0.53 | ($0.08) | $0.17 | $0.24 | $0.18 | |
| Earnings Per Share, Diluted | ($0.19) | $0.41 | $0.30 | $0.51 | $0.16 | $0.41 | $0.53 | ($0.08) | $0.17 | $0.24 | $0.18 | |
| Common Stock, Dividends, Per Share, Declared | $0.70 | $0.71 | $0.60 | $0.72 | $0.54 | $0.48 | $0.54 | $0.62 | $0.64 | $0.67 | — | |
| Weighted Average Number of Shares Outstanding, Basic | 52.2m | 73.3m | 87.1m | 89.8m | 93.7m | 108.6m | 222.0m | 224.4m | 224.8m | 233.9m | 235.8m | |
| Weighted Average Number of Shares Outstanding, Diluted | 52.2m | 73.6m | 87.4m | 90.4m | 94.7m | 109.8m | 223.1m | 224.4m | 225.6m | 234.8m | 236.6m | |
| Additional Financial Items | ||||||||||||
| Cost of Property Repairs and Maintenance | — | — | — | — | $8.5m | $9.5m | $24.0m | $27.1m | $29.9m | $30.1m | — | |
| Direct Costs of Leased and Rented Property or Equipment | $63.1m | $64.7m | $76.4m | $79.6m | $83.0m | $93.3m | $232.3m | $244.3m | $235.6m | — | — | |
| Share-based Payment Arrangement, Expensed and Capitalized, Amount | $142k | — | — | — | — | — | — | — | — | — | — |