Independence Realty Trust
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Independence Realty Trust's past years’ income statements indicate that its last revenue has increased compared to the previous period by 5% to $660,983,000. Profit margin reached -3%. Total operating expenses were $389,572,000.
Profit Margin
| 2014 | 49.20M | 2.94M | 5.98% |
|---|---|---|---|
| 2015 | 109.57M | 28.24M | 25.77% |
| 2016 | 153.38M | -9.80M | -6.39% |
| 2017 | 161.21M | 30.20M | 18.74% |
| 2018 | 191.23M | 26.28M | 13.75% |
| 2019 | 203.22M | 6.67M | 3.28% |
| 2020 | 211.90M | -21.59M | -10.19% |
| 2021 | 250.25M | 8.18M | 3.27% |
| 2022 | 628.52M | 33.70M | 5.36% |
| 2023 | 660.98M | -17.22M | -2.61% |
IRT Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 660.98M | 628.52M | 250.25M | 211.90M | 203.22M | 191.23M | 161.21M | 153.38M | 109.57M | 49.20M |
Cost of revenue | 493.61M | 256.30M | 102.79M | 91.47M | 87.29M | 83.32M | 70.72M | 67.99M | 49.95M | 23.42M |
Gross profit | 167.37M | 372.21M | 147.46M | 120.43M | 115.92M | 107.90M | 90.49M | 85.39M | 59.62M | 25.77M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 389.57M | 279.10M | 95.51M | 75.78M | 65.56M | 56.03M | 43.72M | 45.68M | 35.88M | 15.39M |
Operating income | 147.83M | 92.49M | 51.94M | 44.52M | 50.36M | 51.82M | 45.42M | 39.66M | 10.18M | 8.54M |
Other income (expenses), net | -165.64M | 28.16M | -6.41M | -29.77M | -4.01M | 10.74M | -13.98M | -13.72M | 19.97M | -5.59M |
Income before tax | -17.80M | 120.65M | 45.52M | 14.87M | 46.35M | 26.61M | 31.44M | -9.55M | 30.15M | 2.94M |
Income tax expense | 0 | 86.95M | 37.34M | 36.46M | 39.68M | 322K | 1.23M | 246K | 1.91M | 4K |
Net income | -17.22M | 33.70M | 8.18M | -21.59M | 6.67M | 26.28M | 30.20M | -9.80M | 28.24M | 2.94M |
Earnings per share | ||||||||||
Basic EPS | -0.07 | 0.15 | 0.07 | -0.23 | 0.07 | 0.3 | 0.41 | -0.19 | 0.78 | 0.14 |
Diluted EPS | -0.07 | 0.15 | 0.07 | -0.23 | 0.07 | 0.3 | 0.41 | -0.19 | 0.78 | 0.14 |
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