Independence Realty Trust, Inc. (IRT)

NYSE: IRT · Real-Time Price · USD

16.50

+0.24 (1.48%)

At close: May 19, 2026, 4:00 PM EDT

16.71

+0.21 (1.30%)

After-hours: May 19, 2026, 7:33 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	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
Revenue	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	10.61	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)	-65.46	-62.2	-85.46	-161.51	24.19	41.01
Pretax Income	49.05	57.71	40.03	-11.38	131.67	139.66
Net Income	48.14	56.56	39.29	-17.23	117.25	44.59
Minority Interest in Earnings	-0.92	-1.15	-0.74	0.58	-3.41	-0.94
Net Income to Common	48.14	56.56	39.29	-17.23	117.25	44.59
Net Income Growth	60.07%	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%
Shares Outstanding	235.7	237.24	230.84	224.71	224.07	220.75
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	7.41%	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%

Updated Apr 30, 2026. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q