Independence Realty Trust, Inc. (IRT)

NYSE: IRT · Real-Time Price · USD

16.02

+0.30 (1.91%)

At close: Mar 17, 2026, 4:00 PM EDT

16.02

0.00 (0.00%)

After-hours: Mar 17, 2026, 5:40 PM EDT

Independence Realty Trust Income 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
Property Revenue	656.48	638.91	659.84	627.41	249.49
Service and Other Revenue	1.22	1.12	1.14	1.11	0.76
Revenue	657.7	640.04	660.98	628.53	250.25
Revenue Growth (YoY)	2.76%	-3.17%	5.16%	151.16%	18.10%
Property Expenses	239.16	235.59	244.33	232.28	93.25
Service and Other Expenses	30.11	29.92	27.08	24.03	9.54
Total Property Expenses	269.26	265.51	271.41	256.31	102.79
Gross Profit	388.43	374.52	389.57	372.22	147.46
Selling, General & Admin	23.97	24.25	22.77	26.26	18.61
Depreciation & Amortization Expenses	243.24	220.85	218.97	252.85	76.91
Other Operating Expenses	1.31	3.94	-2.29	-14.37	-46.7
Operating Income	119.91	125.49	150.13	107.48	98.65
Net Gains on Disposal of Properties	6.15	-9.86	-66.55	111.76	87.67
Interest Income	11.07	0.35	-4.49	-2.17	-
Interest Expense	-79	-76.14	-89.92	-86.96	-36.4
Other Non-Operating Income (Expense)	-0.42	0.2	-0.55	1.56	-10.26
Total Non-Operating Income (Expense)	-62.2	-85.46	-161.51	24.19	41.01
Pretax Income	57.71	40.03	-11.38	131.67	139.66
Net Income	56.56	39.29	-17.23	117.25	44.59
Minority Interest in Earnings	-1.15	-0.74	0.58	-3.41	-0.94
Net Income to Common	56.56	39.29	-17.23	117.25	44.59
Net Income Growth	43.95%	-	-	162.96%	201.93%
Shares Outstanding (Basic)	234	225	224	222	109
Shares Outstanding (Diluted)	235	226	224	223	110
Shares Change (YoY)	4.06%	0.52%	0.58%	103.15%	15.99%
EPS (Basic)	0.24	0.17	-0.08	0.53	0.41
EPS (Diluted)	0.24	0.17	-0.08	0.53	0.41
EPS Growth	41.18%	-	-	29.27%	156.25%
Free Cash Flow	-24.46	-153.87	49.32	-97.98	-130.23
Free Cash Flow Per Share	-0.10	-0.68	0.22	-0.44	-1.19
Dividends Per Share	0.670	0.640	0.620	0.540	0.480
Dividend Growth	4.69%	3.23%	14.82%	12.50%	-11.11%
Gross Margin	59.06%	58.52%	58.94%	59.22%	58.93%
Operating Margin	18.23%	19.61%	22.71%	17.10%	39.42%
Profit Margin	8.77%	6.25%	-1.72%	20.95%	55.81%
FCF Margin	-3.72%	-24.04%	7.46%	-15.59%	-52.04%
EBITDA	363.15	346.34	369.09	360.33	175.56
EBITDA Margin	55.22%	54.11%	55.84%	57.33%	70.15%
EBIT	119.91	125.49	150.13	107.48	98.65
EBIT Margin	18.23%	19.61%	22.71%	17.10%	39.42%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q