What does gross profit mean?

Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

Independence Realty Trust IRT Gross Profit

Discontinued — last reported Q1 '20

Camden Property TrustCPT

——

Revenue$165.3M+2.5%

Net income-$127.0K-101%

EPS (diluted)$0.00+100%

Cash & equivalents$23.3M-19.7%

Total debt$2.9M+28.3%

Total equity$3.4B-1.8%

Total assets$6.1B+1.9%

Operating cash flow$55.3M-8.4%

CapEx$1.6M-50.4%

Free cash flow$69.0M+11.6%

Market cap$3.73B-28.5%

Enterprise value$3.71B-28.5%

P/E76×-96.4×

P/S5.6×-2.5×

Gross margin96.1%—

Operating margin26.9%—

Net margin7.4%+2.7pp

FCF margin42%+3.3pp

Return on equity1.4%+0.6pp

Debt / equity0×0.0×

Calculated from Independence Realty Trust’s reported figures.

The official record: Independence Realty Trust’s 10-K, filed February 24, 2022, on SEC EDGAR. View the filing →

What does gross profit mean?: Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.