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Independence Realty Trust Inc
NYSE:IRT

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Independence Realty Trust Inc Logo
Independence Realty Trust Inc
NYSE:IRT
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Price: 16.59 USD 1.59%
Updated: May 6, 2024

Gross Margin
Independence Realty Trust Inc

58.6%
Current
59%
Average
50.3%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
58.6%
=
Gross Profit
386.9m
/
Revenue
660.2m

Gross Margin Across Competitors

Country US
Market Cap 3.7B USD
Gross Margin
59%
Country US
Market Cap 27.7B USD
Gross Margin
64%
Country US
Market Cap 25.2B USD
Gross Margin
64%
Country US
Market Cap 21.3B USD
Gross Margin
60%
Country US
Market Cap 18.2B USD
Gross Margin
52%
Country US
Market Cap 16.3B USD
Gross Margin
71%
Country US
Market Cap 16B USD
Gross Margin
61%
Country US
Market Cap 14.4B USD
Gross Margin
48%
Country US
Market Cap 13.1B USD
Gross Margin
55%
Country US
Market Cap 12.7B USD
Gross Margin
65%
Country US
Market Cap 11.7B USD
Gross Margin
51%

Profitability Report

View the profitability report to see the full profitability analysis for Independence Realty Trust Inc.

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
58.6%
=
Gross Profit
386.9m
/
Revenue
660.2m
What is the Gross Margin of Independence Realty Trust Inc?

Based on Independence Realty Trust Inc's most recent financial statements, the company has Gross Margin of 58.6%.