Independence Realty Trust Statistics
Total Valuation
IRT has a market cap or net worth of $4.82 billion. The enterprise value is $7.14 billion.
Important Dates
The last earnings date was Wednesday, February 12, 2025, after market close.
| Earnings Date | Feb 12, 2025 |
| Ex-Dividend Date | Dec 31, 2024 |
Share Statistics
IRT has 236.41 million shares outstanding. The number of shares has increased by 0.52% in one year.
| Current Share Class | 230.47M |
| Shares Outstanding | 236.41M |
| Shares Change (YoY) | +0.52% |
| Shares Change (QoQ) | -0.49% |
| Owned by Insiders (%) | 0.90% |
| Owned by Institutions (%) | 101.40% |
| Float | 228.33M |
Valuation Ratios
The trailing PE ratio is 120.00 and the forward PE ratio is 73.22. IRT's PEG ratio is 12.20.
| Price/FFO Ratio | 17.29 |
| Price/AFFO Ratio | n/a |
| PE Ratio | 120.00 |
| Forward PE | 73.22 |
| PS Ratio | 7.16 |
| Forward PS | 7.11 |
| PB Ratio | 1.37 |
| P/TBV Ratio | 1.40 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | n/a |
| PEG Ratio | 12.20 |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | 181.60 |
| EV / Sales | 11.14 |
| EV / EBITDA | 20.55 |
| EV / EBIT | 54.98 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.30, with a Debt / Equity ratio of 0.65.
| Current Ratio | 1.30 |
| Quick Ratio | 0.15 |
| Debt / Equity | 0.65 |
| Debt / EBITDA | 6.72 |
| Debt / FCF | n/a |
| Interest Coverage | 1.70 |
Financial Efficiency
Return on equity (ROE) is 1.12% and return on invested capital (ROIC) is 1.35%.
| Return on Equity (ROE) | 1.12% |
| Return on Assets (ROA) | 1.31% |
| Return on Invested Capital (ROIC) | 1.35% |
| Return on Capital Employed (ROCE) | 2.19% |
| Revenue Per Employee | $672,670 |
| Profits Per Employee | $41,272 |
| Employee Count | 952 |
| Asset Turnover | 0.10 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | n/a |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +33.77% in the last 52 weeks. The beta is 1.20, so IRT's price volatility has been higher than the market average.
| Beta (5Y) | 1.20 |
| 52-Week Price Change | +33.77% |
| 50-Day Moving Average | 19.84 |
| 200-Day Moving Average | 19.43 |
| Relative Strength Index (RSI) | 58.89 |
| Average Volume (20 Days) | 2,010,410 |
Short Selling Information
The latest short interest is 23.73 million, so 10.04% of the outstanding shares have been sold short.
| Short Interest | 23.73M |
| Short Previous Month | 23.82M |
| Short % of Shares Out | 10.04% |
| Short % of Float | 10.39% |
| Short Ratio (days to cover) | 10.27 |
Income Statement
In the last 12 months, IRT had revenue of $640.38 million and earned $39.29 million in profits. Earnings per share was $0.17.
| Revenue | 640.38M |
| Gross Profit | 374.87M |
| Operating Income | 129.77M |
| Pretax Income | -8.65M |
| Net Income | 39.29M |
| EBITDA | 347.25M |
| EBIT | 129.77M |
| Earnings Per Share (EPS) | $0.17 |
Full Income StatementBalance Sheet
The company has $21.23 million in cash and $2.33 billion in debt, giving a net cash position of -$2.31 billion or -$9.78 per share.
| Cash & Cash Equivalents | 21.23M |
| Total Debt | 2.33B |
| Net Cash | -2.31B |
| Net Cash Per Share | -$9.78 |
| Equity (Book Value) | 3.58B |
| Book Value Per Share | 14.94 |
| Working Capital | 41.74M |
Full Balance SheetCash Flow
| Operating Cash Flow | n/a |
| Capital Expenditures | n/a |
| Free Cash Flow | n/a |
| FCF Per Share | n/a |
Full Cash Flow StatementMargins
Gross margin is 58.54%, with operating and profit margins of 20.26% and 6.14%.
| Gross Margin | 58.54% |
| Operating Margin | 20.26% |
| Pretax Margin | 6.25% |
| Profit Margin | 6.14% |
| EBITDA Margin | 54.23% |
| EBIT Margin | 20.26% |
| FCF Margin | n/a |