Independence Realty Trust, Inc. (IRT)
NYSE: IRT · Real-Time Price · USD
16.73
-0.53 (-3.07%)
At close: Aug 10, 2026, 4:00 PM EDT
16.73
0.00 (0.00%)
After-hours: Aug 10, 2026, 6:30 PM EDT

Independence Realty Trust Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
666.83657.7640.04660.98628.53250.25
Revenue Growth
3.46%2.76%-3.17%5.16%151.16%18.10%
Gross Profit
391.64388.43374.52389.57372.22147.46
Operating Income
112.95119.91125.49150.13107.4898.65
Net Income
10.2256.5639.29-17.23117.2544.59
Earnings Per Share
0.180.240.17-0.080.530.41
EPS Growth
50.00%41.18%--29.27%156.25%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Rental
-629609.99630.26601.2240.83
Other Property
-27.4828.9229.5826.218.66
Other Source
0.81.221.121.141.110.76
Revenue (Total)
666.83657.7640.04660.98628.53250.25

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
00022.8516.0835.97
Total Debt
2,4432,2812,3342,5492,6322,705
Net Cash (Debt)
-2,443-2,281-2,334-2,527-2,616-2,669
Net Cash Growth
------
Net Cash Per Share
-10.34-9.72-10.35-11.26-11.72-24.30

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
215.58282.15259.75262.17249.5452.26
Capital Expenditures
-279.42-306.61-413.62-212.85-347.52-182.49
Free Cash Flow
-63.84-24.46-153.8749.32-97.98-130.23
Free Cash Flow Growth
------

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
58.73%59.06%58.52%58.94%59.22%58.93%
Operating Margin
16.94%18.23%19.61%22.71%17.10%39.42%
Pretax Margin
4.81%8.77%6.25%-1.72%20.95%55.81%
Profit Margin
4.81%8.77%6.25%-1.72%20.95%55.81%
FCF Margin
-9.57%-3.72%-24.04%7.46%-15.59%-52.04%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
0.7200.6700.6400.6200.5400.480
Dividend Per Share Growth
6.15%4.69%3.23%14.82%12.50%-11.11%
Dividend Yield
4.30%3.78%3.23%3.93%2.83%1.78%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
93.3672.83116.71-31.8163.00
P/FCF Ratio
---69.71--
PS Ratio
5.966.317.165.206.0122.79