Independence Realty Trust
IRT
$18.22
Share price
-0.14%
Change (1 day)
1.48%
Change (1 year)
Categories
Operating Margin for Independence Realty Trust (IRT)
Operating Margin as of June 2024 (TTM): 24.78%
According to Independence Realty Trust 's latest financial reports and stock price the company's current Operating Margin is 24.78%. At the end of 2022 the company had an Operating Margin of 33.03%.
Operating Margin history for Independence Realty Trust from 2010 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 33.03% | 0.89% |
| 2021 | 32.74% | 35.06% |
| 2020 | 24.24% | -42.44% |
| 2019 | 42.11% | 28.61% |
| 2018 | 32.74% | -12.23% |
| 2017 | 37.31% | 120.26% |
| 2016 | 16.94% | -65.44% |
| 2015 | 49.02% | 110.81% |
| 2014 | 23.25% | -6% |
| 2013 | 24.74% | 10.22% |
| 2012 | 22.44% | 43.36% |
| 2011 | 15.66% | -82.95% |
| 2010 | 91.80% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Medical Properties Trust
MPW | -2.70% | -110.90% | 🇺🇸 USA |
 Saul Centers BFS | 26.56% | 7.18% | 🇺🇸 USA |
 Brandywine Realty Trust
BDN | 8.40% | -66.10% | 🇺🇸 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.