Independence Realty Trust, Inc. (IRT)
 NYSE: IRT · Real-Time Price · USD
 15.90
 -0.11 (-0.66%)
  Nov 4, 2025, 9:58 AM EST - Market open
Independence Realty Trust Income Statement
Financials in millions USD. Fiscal year is January - December.
 Millions USD. Fiscal year is Jan - Dec.
Fiscal Year  | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2015 - 2019 | 
|---|---|---|---|---|---|---|---|
Period Ending  | Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2015 - 2019 | 
Rental Revenue     | 650.3 | 638.91 | 659.84 | 627.41 | 249.49 | 211.17 | Upgrade   | 
Other Revenue     | 12.62 | 1.47 | -3.35 | -1.06 | 0.76 | 0.74 | Upgrade   | 
| 662.92 | 640.38 | 656.5 | 626.36 | 250.25 | 211.91 | Upgrade   | |
Revenue Growth (YoY     | 3.70% | -2.45% | 4.81% | 150.29% | 18.10% | 4.27% | Upgrade   | 
Property Expenses     | 265.82 | 265.51 | 271.41 | 256.31 | 102.79 | 91.47 | Upgrade   | 
Selling, General & Administrative     | 25.24 | 24.25 | 22.77 | 26.26 | 18.61 | 15.1 | Upgrade   | 
Depreciation & Amortization     | 238 | 220.85 | 218.97 | 252.85 | 76.91 | 60.69 | Upgrade   | 
Total Operating Expenses     | 529.05 | 510.61 | 513.15 | 535.42 | 198.31 | 167.25 | Upgrade   | 
Operating Income     | 133.87 | 129.77 | 143.35 | 90.94 | 51.94 | 44.65 | Upgrade   | 
Interest Expense     | -78.35 | -76.14 | -89.92 | -86.96 | -36.4 | -36.49 | Upgrade   | 
Other Non-Operating Income     | -0.12 | -0 | -0.43 | 1.56 | - | - | Upgrade   | 
EBT Excluding Unusual Items     | 55.41 | 53.63 | 53 | 5.54 | 15.54 | 8.16 | Upgrade   | 
Merger & Restructuring Charges     | - | - | - | -5.51 | -47.06 | - | Upgrade   | 
Gain (Loss) on Sale of Assets     | -32.27 | -9.86 | -66.55 | 111.76 | 87.67 | 7.55 | Upgrade   | 
Total Insurance Settlements     | - | - | - | 8.87 | - | - | Upgrade   | 
Other Unusual Items     | -0.55 | -3.74 | -1.05 | - | -10.62 | -0.84 | Upgrade   | 
Pretax Income     | 22.59 | 40.03 | -17.81 | 120.66 | 45.53 | 14.88 | Upgrade   | 
Earnings From Continuing Operations     | 22.59 | 40.03 | -17.81 | 120.66 | 45.53 | 14.88 | Upgrade   | 
Minority Interest in Earnings     | -0.3 | -0.74 | 0.58 | -3.41 | -0.94 | -0.11 | Upgrade   | 
Net Income     | 22.29 | 39.29 | -17.23 | 117.25 | 44.59 | 14.77 | Upgrade   | 
Net Income to Common     | 22.29 | 39.29 | -17.23 | 117.25 | 44.59 | 14.77 | Upgrade   | 
Net Income Growth     | - | - | - | 162.96% | 201.93% | -67.82% | Upgrade   | 
Basic Shares Outstanding     | 231 | 225 | 224 | 222 | 109 | 94 | Upgrade   | 
Diluted Shares Outstanding     | 231 | 226 | 224 | 223 | 110 | 95 | Upgrade   | 
Shares Change (YoY)     | 3.03% | 0.52% | 0.58% | 103.15% | 15.99% | 4.72% | Upgrade   | 
EPS (Basic)     | 0.10 | 0.17 | -0.08 | 0.53 | 0.41 | 0.16 | Upgrade   | 
EPS (Diluted)     | 0.09 | 0.17 | -0.08 | 0.53 | 0.41 | 0.16 | Upgrade   | 
EPS Growth     | - | - | - | 28.84% | 160.03% | -69.08% | Upgrade   | 
Dividend Per Share     | 0.660 | 0.640 | 0.620 | 0.540 | 0.480 | 0.540 | Upgrade   | 
Dividend Growth     | 3.13% | 3.23% | 14.82% | 12.50% | -11.11% | -25.00% | Upgrade   | 
Operating Margin     | 20.19% | 20.27% | 21.84% | 14.52% | 20.76% | 21.07% | Upgrade   | 
Profit Margin     | 3.36% | 6.14% | -2.62% | 18.72% | 17.82% | 6.97% | Upgrade   | 
EBITDA     | 371.87 | 350.63 | 362.32 | 343.79 | 128.85 | 105.34 | Upgrade   | 
EBITDA Margin     | 56.10% | 54.75% | 55.19% | 54.89% | 51.49% | 49.71% | Upgrade   | 
D&A For Ebitda     | 238 | 220.85 | 218.97 | 252.85 | 76.91 | 60.69 | Upgrade   | 
EBIT     | 133.87 | 129.77 | 143.35 | 90.94 | 51.94 | 44.65 | Upgrade   | 
EBIT Margin     | 20.19% | 20.27% | 21.84% | 14.52% | 20.76% | 21.07% | Upgrade   | 
Funds From Operations (FFO)     | 272.79 | 272.79 | 270.47 | 263.18 | 31.74 | - | Upgrade   | 
FFO Per Share     | - | 1.18 | 1.17 | 1.15 | 0.29 | - | Upgrade   | 
Adjusted Funds From Operations (AFFO)     | - | 272.79 | 270.47 | 263.18 | 31.74 | - | Upgrade   | 
AFFO Per Share     | - | 1.18 | 1.17 | 1.15 | 0.29 | - | Upgrade   | 
FFO Payout Ratio     | 54.90% | 52.80% | 49.87% | 40.21% | 157.01% | - | Upgrade   | 
Revenue as Reported     | 651.53 | 640.04 | 660.98 | 628.53 | 250.25 | 211.91 | Upgrade   | 
Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.