Last quarter (Q3 2023), Independence Realty's total revenue was $168.61M, an increase of 4.99% from the same quarter last year. In Q3, Independence Realty's net income was $4.00M. See Independence Realty’s key income statements, including revenue, expenses, profit, and income.

Income Statement	TTM	Dec 22	Dec 21	Dec 20	Dec 19	Dec 18
Total Revenue	$ 656.43M	$ 628.52M	$ 250.25M	$ 211.91M	$ 203.22M	$ 191.23M
Cost of Revenue	$ 134.90M	$ 247.44M	$ 103.15M	$ 91.47M	$ 87.29M	$ 83.33M
Gross Profit	$ 396.23M	$ 379.97M	$ 146.34M	$ 120.43M	$ 115.93M	$ 107.91M
Operating Expense	$ 130.12M	$ 279.11M	$ 95.52M	$ 75.78M	$ 65.56M	$ 56.04M
Operating Income	$ 150.08M	$ 100.86M	$ 50.82M	$ 44.65M	$ 50.37M	$ 51.87M
Net Non Operating Interest Income Expense	$ 22.04M	$ 24.80M	$ -36.40M	$ -36.49M	$ -39.23M	$ -36.01M
Other Income Expense	$ -81.14M	$ -500.00K	$ -78.17M	$ 6.71M	$ 35.21M	$ 10.75M
Pretax Income	$ 61.83M	$ 126.16M	$ 92.59M	$ 14.88M	$ 46.35M	$ 26.61M
Tax Provision	-	-	-	-	-	-
Earnings From Equity Interest Net Of Tax	$ -14.19M	$ -2.17M	-	-	-	-
Net Income Common Stockholders	$ 56.99M	$ 117.25M	$ 44.59M	$ 14.77M	$ 45.90M	$ 26.29M
Basic EPS	$ 0.26	$ 0.53	$ 0.41	$ 0.16	$ 0.51	$ 0.30
Diluted EPS	$ 0.26	$ 0.53	$ 0.41	$ 0.16	$ 0.51	$ 0.30
Basic Average Shares	$ 895.11M	$ 221.97M	$ 108.55M	$ 93.66M	$ 89.80M	$ 87.09M
Diluted Average Shares	$ 898.42M	$ 223.12M	$ 109.83M	$ 94.69M	$ 90.42M	$ 87.38M
Dividend Per Share	$ 0.60	$ 0.54	$ 0.48	$ 0.54	$ 0.72	$ 0.72
Total Operating Income As Reported	-	-	-	-	-	-
Reported Normalized Basic E P S	-	-	-	-	-	-
Reported Normalized Diluted E P S	-	-	-	-	-	-
Rent Expense Supplemental	-	-	-	-	-	-
Total Expenses	$ 265.02M	$ 526.55M	$ 198.67M	$ 167.25M	$ 152.85M	$ 139.36M
Net Income From Continuing And Discontinued Operation	$ 57.14M	$ 117.25M	$ 44.59M	$ 14.77M	$ 45.90M	$ 26.29M
Normalized Income	$ 29.34M	-	-	$ 9.68M	$ 20.19M	$ 18.55M
Interest Expense	-	-	-	$ 36.49M	$ 39.23M	$ 36.01M
EBIT	$ 37.10M	$ 213.12M	$ 128.99M	$ 51.37M	$ 85.58M	$ 62.62M
EBITDA	$ 247.30M	$ 459.97M	$ 208.31M	$ 112.05M	$ 138.40M	$ 107.84M

Currency in USD

Independence Realty Earnings and Revenue History

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