What does operating income mean?

Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

Independence Realty Trust IRT Operating Income

Discontinued — last reported Q1 '19

Operating Income at other companies

Equity Lifestyle PropertiesELS

$112.37M+2.6%

Essential Properties Realty TrustEPRT

$89.65M+12.6%

New York Mortgage TrustADAM

$86.73M+130%

Kimco RealtyKIM

$207.77M+15.1%

Equity ResidentialEQR

——

Segments

By segment

See full

Same Store$98.26M+1.0%

Nonsame Store$4.83M+11.3%

Other financials

Income statement

See full

Revenue$165.3M+2.5%

Net income-$127.0K-101%

EPS (diluted)$0.00+100%

Balance sheet

See full

Cash & equivalents$23.3M-19.7%

Total debt$2.9M+28.3%

Total equity$3.4B-1.8%

Total assets$6.1B+1.9%

Cash flow

See full

Operating cash flow$55.3M-8.4%

CapEx$1.6M-50.4%

Free cash flow$69.0M+11.6%

Valuation

See full

Market cap$3.73B-28.5%

Enterprise value$3.71B-28.5%

P/E76×-96.4×

P/S5.6×-2.5×

Profitability

See full

Gross margin96.1%—

Operating margin26.9%—

Net margin7.4%+2.7pp

FCF margin42%+3.3pp

Returns & leverage

See full

Return on equity1.4%+0.6pp

Debt / equity0×0.0×

Where this comes from

Reported directly by Independence Realty Trust in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The official record: Independence Realty Trust’s 10-Q, filed May 3, 2019, on SEC EDGAR. View the filing →

Questions, answered.

What does operating income mean?: Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.