Independence Realty Trust, Inc. (IRT)
NYSE: IRT · Real-Time Price · USD
16.69
-0.10 (-0.60%)
Jun 30, 2026, 4:00 PM EDT - Market closed
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 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 | 660.79 | 656.48 | 638.91 | 659.84 | 627.41 | 249.49 |
Service and Other Revenue | 0.99 | 1.22 | 1.12 | 1.14 | 1.11 | 0.76 |
| 661.78 | 657.7 | 640.04 | 660.98 | 628.53 | 250.25 | |
Revenue Growth (YoY) | 3.28% | 2.76% | -3.17% | 5.16% | 151.16% | 18.10% |
Property Expenses | 242.02 | 239.16 | 235.59 | 244.33 | 232.28 | 93.25 |
Service and Other Expenses | 30.52 | 30.11 | 29.92 | 27.08 | 24.03 | 9.54 |
Total Property Expenses | 272.54 | 269.26 | 265.51 | 271.41 | 256.31 | 102.79 |
Gross Profit | 389.24 | 388.43 | 374.52 | 389.57 | 372.22 | 147.46 |
Selling, General & Admin | 24.07 | 23.97 | 24.25 | 22.77 | 26.26 | 18.61 |
Depreciation & Amortization Expenses | 249.15 | 243.24 | 220.85 | 218.97 | 252.85 | 76.91 |
Other Operating Expenses | 1.51 | 1.31 | 3.94 | -2.29 | -14.37 | -46.7 |
Operating Income | 114.51 | 119.91 | 125.49 | 150.13 | 107.48 | 98.65 |
Net Gains on Disposal of Properties | 4.65 | 6.15 | -9.86 | -66.55 | 111.76 | 87.67 |
Interest Income | -1.61 | 11.07 | 0.35 | -4.49 | -2.17 | - |
Interest Expense | -80.38 | -79 | -76.14 | -89.92 | -86.96 | -36.4 |
Other Non-Operating Income (Expense) | -0.34 | -0.42 | 0.2 | -0.55 | 1.56 | -10.26 |
Total Non-Operating Income (Expense) | -77.68 | -62.2 | -85.46 | -161.51 | 24.19 | 41.01 |
Pretax Income | 36.84 | 57.71 | 40.03 | -11.38 | 131.67 | 139.66 |
Net Income | 36.84 | 57.71 | 40.03 | -11.38 | 131.67 | 139.66 |
Minority Interest in Earnings | -0.92 | -1.15 | -0.74 | 0.58 | -3.41 | -0.94 |
Net Income to Common | 14.87 | 56.56 | 39.29 | -17.23 | 117.25 | 44.59 |
Net Income Growth | -52.14% | 43.95% | - | - | 162.96% | 201.93% |
Shares Outstanding (Basic) | 235 | 234 | 225 | 224 | 222 | 109 |
Shares Outstanding (Diluted) | 236 | 235 | 226 | 224 | 223 | 110 |
Shares Change (YoY) | 3.86% | 4.06% | 0.52% | 0.58% | 103.15% | 15.99% |
EPS (Basic) | 0.20 | 0.24 | 0.17 | -0.08 | 0.53 | 0.41 |
EPS (Diluted) | 0.20 | 0.24 | 0.17 | -0.08 | 0.53 | 0.41 |
EPS Growth | 42.86% | 41.18% | - | - | 29.27% | 156.25% |
Free Cash Flow | -57.39 | -24.46 | -153.87 | 49.32 | -97.98 | -130.23 |
Free Cash Flow Per Share | -0.24 | -0.10 | -0.68 | 0.22 | -0.44 | -1.19 |
Dividends Per Share | 0.680 | 0.670 | 0.640 | 0.620 | 0.540 | 0.480 |
Dividend Growth | 1.49% | 4.69% | 3.23% | 14.82% | 12.50% | -11.11% |
Gross Margin | 58.82% | 59.06% | 58.52% | 58.94% | 59.22% | 58.93% |
Operating Margin | 17.30% | 18.23% | 19.61% | 22.71% | 17.10% | 39.42% |
Profit Margin | 5.57% | 8.77% | 6.25% | -1.72% | 20.95% | 55.81% |
FCF Margin | -8.67% | -3.72% | -24.04% | 7.46% | -15.59% | -52.04% |
EBITDA | 363.66 | 363.15 | 346.34 | 369.09 | 360.33 | 175.56 |
EBITDA Margin | 54.95% | 55.22% | 54.11% | 55.84% | 57.33% | 70.15% |
EBIT | 114.51 | 119.91 | 125.49 | 150.13 | 107.48 | 98.65 |
EBIT Margin | 17.30% | 18.23% | 19.61% | 22.71% | 17.10% | 39.42% |