Independence Realty Trust Statistics
Total Valuation
IRT has a market cap or net worth of $4.38 billion. The enterprise value is $6.64 billion.
Important Dates
The next estimated earnings date is Wednesday, February 12, 2025, after market close.
| Earnings Date | Feb 12, 2025 |
| Ex-Dividend Date | Dec 31, 2024 |
Share Statistics
IRT has 230.67 million shares outstanding. The number of shares has decreased by -0.22% in one year.
| Current Share Class | 224.73M |
| Shares Outstanding | 230.67M |
| Shares Change (YoY) | -0.22% |
| Shares Change (QoQ) | +0.28% |
| Owned by Insiders (%) | 0.84% |
| Owned by Institutions (%) | 100.91% |
| Float | 222.77M |
Valuation Ratios
| Price/FFO Ratio | 16.36 |
| Price/AFFO Ratio | n/a |
| PE Ratio | n/a |
| Forward PE | 78.51 |
| PS Ratio | 6.65 |
| Forward PS | 6.51 |
| PB Ratio | 1.27 |
| P/TBV Ratio | 1.31 |
| P/FCF Ratio | 17.15 |
| P/OCF Ratio | 17.15 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 19.13, with an EV/FCF ratio of 25.98.
| EV / Earnings | n/a |
| EV / Sales | 10.34 |
| EV / EBITDA | 19.13 |
| EV / EBIT | 51.90 |
| EV / FCF | 25.98 |
Financial Position
The company has a current ratio of 0.37, with a Debt / Equity ratio of 0.66.
| Current Ratio | 0.37 |
| Quick Ratio | 0.20 |
| Debt / Equity | 0.66 |
| Debt / EBITDA | 6.59 |
| Debt / FCF | 8.97 |
| Interest Coverage | 1.60 |
Financial Efficiency
Return on equity (ROE) is -0.01% and return on invested capital (ROIC) is 1.31%.
| Return on Equity (ROE) | -0.01% |
| Return on Assets (ROA) | 1.28% |
| Return on Capital (ROIC) | 1.31% |
| Revenue Per Employee | $673,981 |
| Profits Per Employee | -$232 |
| 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 +25.50% 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 | +25.50% |
| 50-Day Moving Average | 20.52 |
| 200-Day Moving Average | 18.99 |
| Relative Strength Index (RSI) | 38.10 |
| Average Volume (20 Days) | 1,776,151 |
Short Selling Information
The latest short interest is 23.73 million, so 10.29% of the outstanding shares have been sold short.
| Short Interest | 23.73M |
| Short Previous Month | 23.82M |
| Short % of Shares Out | 10.29% |
| Short % of Float | 10.65% |
| Short Ratio (days to cover) | 10.27 |
Income Statement
In the last 12 months, IRT had revenue of $641.63 million and -$221,000 in losses. Loss per share was -$0.00.
| Revenue | 641.63M |
| Gross Profit | 371.33M |
| Operating Income | 127.89M |
| Pretax Income | -8.65M |
| Net Income | -221,000 |
| EBITDA | 346.90M |
| EBIT | 127.89M |
| Loss Per Share | -$0.00 |
Full Income StatementBalance Sheet
The company has $36.43 million in cash and $2.29 billion in debt, giving a net cash position of -$2.25 billion or -$9.77 per share.
| Cash & Cash Equivalents | 36.43M |
| Total Debt | 2.29B |
| Net Cash | -2.25B |
| Net Cash Per Share | -$9.77 |
| Equity (Book Value) | 3.49B |
| Book Value Per Share | 14.93 |
| Working Capital | -112.46M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $255.50 million and capital expenditures -$126.81 million, giving a free cash flow of $255.50 million.
| Operating Cash Flow | 255.50M |
| Capital Expenditures | -126.81M |
| Free Cash Flow | 255.50M |
| FCF Per Share | $1.11 |
Full Cash Flow StatementMargins
Gross margin is 57.87%, with operating and profit margins of 19.93% and -0.03%.
| Gross Margin | 57.87% |
| Operating Margin | 19.93% |
| Pretax Margin | -0.08% |
| Profit Margin | -0.03% |
| EBITDA Margin | 54.07% |
| EBIT Margin | 19.93% |
| FCF Margin | 39.82% |