Independence Realty Trust Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	56.56	39.29	-17.23	117.25	44.59
Depreciation & Amortization	243.24	220.85	218.97	252.85	76.91
Other Amortization	3.66	2.8	3.29	3.73	1.64
Asset Writedown	-6.15	9.86	66.55	-111.76	-87.67
Stock-Based Compensation	7.88	7.08	7.66	7.89	7.23
Income (Loss) on Equity Investments	-11.07	-0.35	4.49	2.17	-
Change in Accounts Payable	2.46	-7.09	-3.23	-2.5	-3.63
Change in Other Net Operating Assets	-9.31	-8.46	-10.54	-3.86	0.86
Other Operating Activities	-5.13	-4.23	-7.79	-16.24	12.33
Operating Cash Flow	282.15	259.75	262.17	249.54	52.26
Operating Cash Flow Growth	8.62%	-0.92%	5.06%	377.52%	-30.29%
Acquisition of Real Estate Assets	-306.61	-413.62	-212.85	-347.52	-182.49
Sale of Real Estate Assets	157.94	390.88	230.79	253.56	177.49
Net Sale / Acq. of Real Estate Assets	-148.67	-22.74	17.94	-93.96	-5
Cash Acquisition	-	-	2.15	-	-186.12
Investment in Marketable & Equity Securities	4.78	-2.58	-26	-57.39	-25
Other Investing Activities	0.98	4.72	4.21	15.58	-
Investing Cash Flow	-142.91	-20.61	-1.71	-135.77	-216.12
Long-Term Debt Issued	479.52	600	270	707.5	594.5
Long-Term Debt Repaid	-578.9	-804.79	-379.94	-771.89	-615.18
Net Debt Issued (Repaid)	-99.39	-204.79	-109.94	-64.39	-20.68
Issuance of Common Stock	162.44	111.3	-	48.65	317.02
Repurchase of Common Stock	-33.49	-2.6	-4.74	-5.97	-2.93
Common Dividends Paid	-154.39	-144.02	-134.87	-105.83	-49.83
Other Financing Activities	-10.24	-6.32	-4.2	-7.89	-27.66
Net Cash Flow	4.17	-7.28	6.72	-21.65	52.06
Cash Interest Paid	82.63	80.62	96.02	96.38	29.23
Levered Free Cash Flow	185.55	325.46	-139.33	229.96	56.89
Unlevered Free Cash Flow	231.26	370.25	-86.42	280.58	78
Change in Working Capital	-6.85	-15.55	-13.77	-6.36	-2.77

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.