Independence Realty Trust Statistics
 Total Valuation
 IRT has a market cap or net worth of $3.89 billion. The enterprise value is $6.18 billion.
   Important Dates
 The last earnings date was Wednesday, October 29, 2025, after market close.
 | Earnings Date  | Oct 29, 2025 | 
| Ex-Dividend Date  | Sep 30, 2025 | 
  Share Statistics
 IRT has 244.67 million shares outstanding. The number of shares has increased by 3.03% in one year.
 | Current Share Class  | 238.73M | 
| Shares Outstanding  | 244.67M | 
| Shares Change (YoY)  | +3.03% | 
| Shares Change (QoQ)  | +0.06% | 
| Owned by Insiders (%)  | 0.62% | 
| Owned by Institutions (%)  | 97.96% | 
| Float  | 237.18M | 
   Valuation Ratios
 The trailing PE ratio is 174.82 and the forward PE ratio is 66.13. IRT's PEG ratio is 3.24.
 | Price/FFO Ratio  | n/a | 
| Price/AFFO Ratio  | n/a | 
| PE Ratio  | 174.82 | 
| Forward PE  | 66.13 | 
| PS Ratio  | 5.57 | 
| Forward PS  | 5.60 | 
| PB Ratio  | 1.10 | 
| P/TBV Ratio  | 1.12 | 
| P/FCF Ratio  | n/a | 
| P/OCF Ratio  | 13.72 | 
| PEG Ratio  | 3.24 | 
 Financial Ratio History  Enterprise Valuation
  | EV / Earnings  | 277.22 | 
| EV / Sales  | 9.32 | 
| EV / EBITDA  | 16.62 | 
| EV / EBIT  | 46.16 | 
| EV / FCF  | n/a | 
  Financial Position
 The company has a current ratio of 0.96, with a Debt / Equity ratio of 0.64.
 | Current Ratio  | 0.96 | 
| Quick Ratio  | 0.20 | 
| Debt / Equity  | 0.64 | 
| Debt / EBITDA  | 6.17 | 
| Debt / FCF  | n/a | 
| Interest Coverage  | 1.71 | 
   Financial Efficiency
 Return on equity (ROE) is 0.64% and return on invested capital (ROIC) is 1.43%.
 | Return on Equity (ROE)  | 0.64% | 
| Return on Assets (ROA)  | 1.39% | 
| Return on Invested Capital (ROIC)  | 1.43% | 
| Return on Capital Employed (ROCE)  | 2.26% | 
| Revenue Per Employee  | $722,927 | 
| Profits Per Employee  | $24,306 | 
| Employee Count | 917 | 
| Asset Turnover  | 0.11 | 
| Inventory Turnover  | n/a | 
  Taxes
  | Income Tax  | n/a | 
| Effective Tax Rate  | n/a | 
  Stock Price Statistics
 The stock price has decreased by -16.05% in the last 52 weeks. The beta is 0.96, so IRT's price volatility has been similar to the market average.
 | Beta (5Y)  | 0.96 | 
| 52-Week Price Change  | -16.05% | 
| 50-Day Moving Average  | 16.73 | 
| 200-Day Moving Average  | 18.39 | 
| Relative Strength Index (RSI)  | 45.67 | 
| Average Volume (20 Days)  | 3,461,291 | 
  Short Selling Information
 The latest short interest is 15.33 million, so 6.26% of the outstanding shares have been sold short.
 | Short Interest  | 15.33M | 
| Short Previous Month  | 22.03M | 
| Short % of Shares Out  | 6.26% | 
| Short % of Float  | 6.46% | 
| Short Ratio (days to cover)  | 5.35 | 
  Income Statement
 In the last 12 months, IRT had revenue of $662.92 million and earned $22.29 million in profits. Earnings per share was $0.09.
 | Revenue | 662.92M | 
| Gross Profit  | 397.11M | 
| Operating Income  | 133.87M | 
| Pretax Income  | 22.59M | 
| Net Income  | 22.29M | 
| EBITDA  | 371.87M | 
| EBIT  | 133.87M | 
| Earnings Per Share (EPS)  | $0.09 | 
 Full Income Statement  Balance Sheet
 The company has $35.16 million in cash and $2.30 billion in debt, giving a net cash position of -$2.26 billion or -$9.25 per share.
 | Cash & Cash Equivalents  | 35.16M | 
| Total Debt  | 2.30B | 
| Net Cash  | -2.26B | 
| Net Cash Per Share  | -$9.25 | 
| Equity (Book Value)  | 3.62B | 
| Book Value Per Share  | 14.60 | 
| Working Capital  | -7.76M | 
 Full Balance Sheet  Cash Flow
  | Operating Cash Flow  | 285.39M | 
| Capital Expenditures  | -127.57M | 
| Free Cash Flow  | n/a | 
| FCF Per Share  | n/a | 
 Full Cash Flow Statement  Margins
 Gross margin is 59.90%, with operating and profit margins of 20.19% and 3.36%.
 | Gross Margin  | 59.90% | 
| Operating Margin  | 20.19% | 
| Pretax Margin  | 3.41% | 
| Profit Margin  | 3.36% | 
| EBITDA Margin  | 56.10% | 
| EBIT Margin  | 20.19% | 
| FCF Margin  | n/a | 
  Dividends & Yields
 This stock pays an annual dividend of $0.68, which amounts to a dividend yield of 4.27%.
 | Dividend Per Share  | $0.68 | 
| Dividend Yield  | 4.27% | 
| Dividend Growth (YoY)  | 3.13% | 
| Years of Dividend Growth  | 3 | 
| Payout Ratio  | 724.29% | 
| Buyback Yield  | -3.03% | 
| Shareholder Yield  | 1.22% | 
| Earnings Yield  | 0.57% | 
| FCF Yield  | n/a | 
 Dividend Details   Analyst Forecast
 The average price target for IRT is $22.14, which is 39.29% higher than the current price. The consensus rating is "Buy".
 | Price Target  | $22.14 | 
| Price Target Difference  | 39.29% | 
| Analyst Consensus  | Buy | 
| Analyst Count  | 7 | 
| Revenue Growth Forecast (5Y)  | 5.13% | 
| EPS Growth Forecast (5Y)  | n/a | 
 Stock Forecasts  Fair Value
 There are several formulas that can be used to estimate the intrinsic value of a stock.
 | Lynch Fair Value  |  | 
| Lynch Upside  |  | 
| Graham Number  |  | 
| Graham Upside  |  | 
  Stock Splits
 This stock does not have any record of stock splits.
 | Last Split Date  | n/a | 
| Split Type  | n/a | 
| Split Ratio  | n/a | 
  Scores
  | Altman Z-Score  | n/a | 
| Piotroski F-Score  | 6 |