Independence Realty Trust
IRT
#2866
Rank
โ‚ฌ4.39 B
Marketcap
19,04ย โ‚ฌ
Share price
1.43%
Change (1 day)
57.85%
Change (1 year)

Operating Margin for Independence Realty Trust (IRT)

Operating Margin as of November 2024 (TTM): 12.28%

According to Independence Realty Trust 's latest financial reports and stock price the company's current Operating Margin is 12.28%. At the end of 2023 the company had an Operating Margin of 10.91%.

Operating Margin history for Independence Realty Trust from 2010 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202310.91%-66.97%
202233.03%0.89%
202132.74%35.06%
202024.24%-42.44%
201942.11%28.61%
201832.74%-12.23%
201737.31%120.26%
201616.94%-65.44%
201549.02%110.68%
201423.27%-5.94%
201324.74%10.22%
201222.44%43.36%
201115.66%-84.34%
2010100.00%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-235.73%-2,019.63%๐Ÿ‡บ๐Ÿ‡ธ USA
-32.36%-363.52%๐Ÿ‡บ๐Ÿ‡ธ USA
27.23% 121.74%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin?

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.