Independence Realty Trust annual operating margin
2010
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2025
Independence Realty Trust Operating Margin Growth & History (IRT)
Independence Realty Trust's operating margin was 18.23% for fiscal 2025.
View full Independence Realty Trust company overviewIndependence Realty Trust annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 18.23% | −1.37 pp |
| 2024 | 2024-12-31 | 19.61% | −2.62 pp |
| 2023 | 2023-12-31 | 22.23% | +6.00 pp |
| 2022 | 2022-12-31 | 16.22% | −4.39 pp |
| 2021 | 2021-12-31 | 20.61% | −0.06 pp |
| 2020 | 2020-12-31 | 20.67% | −4.11 pp |
| 2019 | 2019-12-31 | 24.79% | −2.31 pp |
| 2018 | 2018-12-31 | 27.10% | −1.08 pp |
| 2017 | 2017-12-31 | 28.18% | +2.32 pp |
| 2016 | 2016-12-31 | 25.86% | +16.57 pp |
| 2015 | 2015-12-31 | 9.29% | −8.08 pp |
| 2014 | 2014-12-31 | 17.37% | −7.37 pp |
| 2013 | 2013-12-31 | 24.74% | +2.29 pp |
| 2012 | 2012-12-31 | 22.44% | +6.79 pp |
| 2011 | 2011-12-31 | 15.66% | −84.34 pp |
| 2010 | 2010-12-31 | 100.00% | — |
Independence Realty Trust quarterly operating margin
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| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 15.51% | −1.45 pp |
| Q1 2026 | 2026-03-31 | 13.15% | −3.68 pp |
| Q4 2025 | 2025-12-31 | 20.81% | −2.10 pp |
| Q3 2025 | 2025-09-30 | 18.24% | −1.08 pp |
| Q2 2025 | 2025-06-30 | 16.96% | −1.36 pp |
| Q1 2025 | 2025-03-31 | 16.83% | −1.02 pp |
| Q4 2024 | 2024-12-31 | 22.91% | −0.85 pp |
| Q3 2024 | 2024-09-30 | 19.32% | −3.71 pp |
| Q2 2024 | 2024-06-30 | 18.32% | −2.72 pp |
| Q1 2024 | 2024-03-31 | 17.85% | −3.16 pp |
| Q4 2023 | 2023-12-31 | 23.75% | −2.38 pp |
| Q3 2023 | 2023-09-30 | 23.03% | −1.71 pp |
| Q2 2023 | 2023-06-30 | 21.04% | +11.04 pp |
| Q1 2023 | 2023-03-31 | 21.01% | +18.21 pp |
| Q4 2022 | 2022-12-31 | 26.14% | +5.22 pp |
| Q3 2022 | 2022-09-30 | 24.74% | +1.63 pp |
| Q2 2022 | 2022-06-30 | 10.00% | −10.83 pp |
| Q1 2022 | 2022-03-31 | 2.80% | −14.40 pp |
| Q4 2021 | 2021-12-31 | 20.92% | −2.82 pp |
| Q3 2021 | 2021-09-30 | 23.11% | +1.25 pp |
| Q2 2021 | 2021-06-30 | 20.83% | +1.70 pp |
| Q1 2021 | 2021-03-31 | 17.20% | −0.57 pp |
| Q4 2020 | 2020-12-31 | 23.74% | −1.96 pp |
| Q3 2020 | 2020-09-30 | 21.86% | −2.13 pp |
| Q2 2020 | 2020-06-30 | 19.13% | −5.52 pp |
| Q1 2020 | 2020-03-31 | 17.77% | −7.04 pp |
| Q4 2019 | 2019-12-31 | 25.69% | −2.46 pp |
| Q3 2019 | 2019-09-30 | 23.99% | −4.64 pp |
| Q2 2019 | 2019-06-30 | 24.65% | −1.23 pp |
| Q1 2019 | 2019-03-31 | 24.80% | −0.76 pp |
| Q4 2018 | 2018-12-31 | 28.15% | +1.19 pp |
| Q3 2018 | 2018-09-30 | 28.63% | +1.22 pp |
| Q2 2018 | 2018-06-30 | 25.89% | −2.46 pp |
| Q1 2018 | 2018-03-31 | 25.56% | −4.54 pp |
| Q4 2017 | 2017-12-31 | 26.96% | −1.02 pp |
| Q3 2017 | 2017-09-30 | 27.40% | −0.20 pp |
| Q2 2017 | 2017-06-30 | 28.35% | −0.46 pp |
| Q1 2017 | 2017-03-31 | 30.10% | +11.00 pp |
| Q4 2016 | 2016-12-31 | 27.98% | +8.93 pp |
| Q3 2016 | 2016-09-30 | 27.60% | +50.32 pp |
| Q2 2016 | 2016-06-30 | 28.82% | +8.44 pp |
| Q1 2016 | 2016-03-31 | 19.10% | +1.65 pp |
| Q4 2015 | 2015-12-31 | 19.05% | −0.38 pp |
| Q3 2015 | 2015-09-30 | −22.72% | −39.70 pp |
| Q2 2015 | 2015-06-30 | 20.38% | +4.91 pp |
| Q1 2015 | 2015-03-31 | 17.45% | +0.88 pp |
| Q4 2014 | 2014-12-31 | 19.43% | −2.66 pp |
| Q3 2014 | 2014-09-30 | 16.98% | −8.25 pp |
| Q2 2014 | 2014-06-30 | 15.47% | −10.55 pp |
| Q1 2014 | 2014-03-31 | 16.58% | −9.62 pp |
| Q4 2013 | 2013-12-31 | 22.09% | +1.12 pp |
| Q3 2013 | 2013-09-30 | 25.24% | +5.56 pp |
| Q2 2013 | 2013-06-30 | 26.02% | +0.62 pp |
| Q1 2013 | 2013-03-31 | 26.19% | +2.31 pp |
| Q4 2012 | 2012-12-31 | 20.97% | +1.99 pp |
| Q3 2012 | 2012-09-30 | 19.67% | +2.17 pp |
| Q2 2012 | 2012-06-30 | 25.40% | +14.59 pp |
| Q1 2012 | 2012-03-31 | 23.88% | — |
| Q4 2011 | 2011-12-31 | 18.98% | — |
| Q3 2011 | 2011-09-30 | 17.50% | — |
| Q2 2011 | 2011-06-30 | 10.81% | −89.19 pp |
| Q2 2010 | 2010-06-30 | 100.00% | — |
Independence Realty Trust operating margin trends
Over the last five fiscal years, Independence Realty Trust's operating margin decreased from 20.67% to 18.23%, a change of −2.44 percentage points. The latest reported quarter, Q2 2026, shows 15.51%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Independence Realty Trust source filings ↗Community posts
Irenic opposes Centerspace merger and presses Independence Realty to explore a sale
Irenic Capital, which says it owns approximately 2% of Independence Realty Trust ($IRT), publicly opposed the proposed acquisition of Centerspace ($CSR) and said it would vote against the required share issuance. The investor argues that th ...
