Independence Realty Trust, Inc. (IRT)
NYSE: IRT · Real-Time Price · USD
16.31
-0.09 (-0.55%)
Aug 28, 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 | Jun '26 Jun 30, 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 |
Rental Revenue | 666.02 | 656.48 | 638.91 | 659.84 | 627.41 | 249.49 |
Other Revenue | 11.14 | 12.28 | 1.47 | -3.35 | -1.06 | 0.76 |
| 677.16 | 668.76 | 640.38 | 656.5 | 626.36 | 250.25 | |
Revenue Growth (YoY | 4.92% | 4.43% | -2.45% | 4.81% | 150.29% | 18.10% |
Property Expenses | 266.27 | 260.19 | 258.13 | 265.07 | 251.46 | 102.79 |
Selling, General & Administrative | 32.7 | 33.05 | 31.63 | 29.11 | 31.11 | 18.61 |
Depreciation & Amortization | 254.21 | 243.24 | 220.85 | 218.97 | 252.85 | 76.91 |
Total Operating Expenses | 553.18 | 536.47 | 510.61 | 513.15 | 535.42 | 198.31 |
Operating Income | 123.98 | 132.29 | 129.77 | 143.35 | 90.94 | 51.94 |
Interest Expense | -83.19 | -79 | -76.14 | -89.92 | -86.96 | -36.4 |
Other Non-Operating Income | -0.44 | -0.35 | -0 | -0.43 | 1.56 | - |
EBT Excluding Unusual Items | 40.35 | 52.94 | 53.63 | 53 | 5.54 | 15.54 |
Merger & Restructuring Charges | - | - | - | - | -5.51 | -47.06 |
Gain (Loss) on Sale of Assets | 4.65 | 6.15 | -9.86 | -66.55 | 111.76 | 87.67 |
Total Insurance Settlements | 0.48 | - | - | - | 8.87 | - |
Other Unusual Items | -1.18 | -1.38 | -3.74 | -1.05 | - | -10.62 |
Pretax Income | 44.3 | 57.71 | 40.03 | -17.81 | 120.66 | 45.53 |
Earnings From Continuing Operations | 44.3 | 57.71 | 40.03 | -17.81 | 120.66 | 45.53 |
Minority Interest in Earnings | -0.82 | -1.15 | -0.74 | 0.58 | -3.41 | -0.94 |
Net Income | 43.48 | 56.56 | 39.29 | -17.23 | 117.25 | 44.59 |
Net Income to Common | 43.48 | 56.56 | 39.29 | -17.23 | 117.25 | 44.59 |
Net Income Growth | 56.62% | 43.95% | - | - | 162.96% | 201.93% |
Basic Shares Outstanding | 236 | 234 | 225 | 224 | 222 | 109 |
Diluted Shares Outstanding | 237 | 235 | 226 | 224 | 223 | 110 |
Shares Change | 3.12% | 4.06% | 0.52% | 0.58% | 103.15% | 15.99% |
EPS (Basic) | 0.18 | 0.24 | 0.17 | -0.08 | 0.53 | 0.41 |
EPS (Diluted) | 0.18 | 0.24 | 0.17 | -0.08 | 0.53 | 0.41 |
EPS Growth | 48.88% | 41.18% | - | - | 28.84% | 160.03% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Dividend Per Share | 0.690 | 0.670 | 0.640 | 0.620 | 0.540 | 0.480 |
Dividend Growth | 6.15% | 4.69% | 3.23% | 14.82% | 12.50% | -11.11% |
Operating Margin | 18.31% | 19.78% | 20.27% | 21.84% | 14.52% | 20.76% |
Profit Margin | 6.42% | 8.46% | 6.14% | -2.62% | 18.72% | 17.82% |
EBITDA | 378.19 | 375.53 | 350.63 | 362.32 | 343.79 | 128.85 |
EBITDA Margin | 55.85% | 56.15% | 54.75% | 55.19% | 54.89% | 51.49% |
D&A For Ebitda | 254.21 | 243.24 | 220.85 | 218.97 | 252.85 | 76.91 |
EBIT | 123.98 | 132.29 | 129.77 | 143.35 | 90.94 | 51.94 |
EBIT Margin | 18.31% | 19.78% | 20.27% | 21.84% | 14.52% | 20.76% |
Funds From Operations (FFO) | 283.98 | 285.91 | 272.79 | 270.47 | 263.18 | 31.74 |
FFO Per Share | 1.17 | 1.19 | 1.18 | 1.17 | 1.15 | 0.29 |
Adjusted Funds From Operations (AFFO) | - | 285.91 | 272.79 | 270.47 | 263.18 | 31.74 |
AFFO Per Share | - | 1.19 | 1.18 | 1.17 | 1.15 | 0.29 |
FFO Payout Ratio | 56.65% | 54.00% | 52.80% | 49.87% | 40.21% | 157.01% |
Revenue as Reported | 666.83 | 657.7 | 640.04 | 660.98 | 628.53 | 250.25 |