Independence Realty Trust, Inc.

Independence Realty Trust, Inc.

IRT
Independence Realty Trust, Inc.US flagNew York Stock Exchange
15.82
USD
-0.16
- -
3.73BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
3.74
2.31
3.03
2.94
2.2
2.2
2.26
2.26
2.31
2.83
2.95
2.85
2.81
2.81
Basic EPS, GAAP
0.12
0.14
0.78
-0.19
0.41
0.3
0.51
0.16
0.41
0.53
-0.08
0.17
0.24
0.2
Free Cash Flow per Basic Share
1.13
0.74
0.52
-0.14
0.74
0.79
0.84
0.8
0.48
1.12
1.17
1.16
1.21
1.18
Dividend per Share
0.56
0.7
0.69
0.7
0.71
0.6
0.72
0.6
0.46
0.48
0.6
0.64
0.66
0.67
Book Value per Share
-0.6
-0.77
-0.39
-1.18
-1.15
-1.39
-1.57
-1.9
-1.72
-0.85
-1.54
-2.01
-2.36
-2.52
Tangible Book Value per Share
13.95
12.19
10.68
10.13
8.8
7.23
6.9
7.6
33.06
16.84
15.9
15.89
15.33
14.96
Basic Weighted Avg Shares
5
21
36
52
73
87
90
94
109
222
224
225
234
235
Sales/Revenue/Turnover
20
49
110
153
161
191
203
212
250
629
661
640
658
662
Operating Margin (%)
25.98
21.12
21.66
25.89
29.01
27.12
24.79
21.07
20.76
14.81
22.37
20.22
18.43
17.53
Depreciation Expense
4
13
28
35
34
45
53
61
77
253
219
221
243
249
Net Income, GAAP
1
3
28
-10
30
26
46
15
45
117
-17
39
57
48
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
3.13
5.98
25.77
-6.39
18.74
13.75
22.58
6.97
17.82
18.65
-2.61
6.14
8.6
7.27
Working Capital
1
-7
-244
-74
-102
-100
-214
-209
-1,546
-895
-646
-782
-805
-812
LT Debt
101
401
699
597
677
832
802
763
1,163
1,807
1,710
1,539
1,494
1,638
Total Equity
75
263
390
529
646
630
620
713
3,642
3,738
3,567
3,575
3,589
3,522
Return on Invested Capital (%)
3.22
2.41
2.33
- -
3.47
3.41
3.13
2.74
1.3
1.46
- -
2.15
2.06
1.97
Return on Capital (%)
3.03
4.45
7.16
- -
8.12
7.81
9.83
6.3
4.64
7.63
- -
5.27
6.94
6.59
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
799
788
796
LT Borrowings
1,498
1,494
1,638
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
239
237
236
Market Capitalization
3,781
4,089
3,504

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
158
124
120
Cash, Cash Equivalents & STI
23
24
23
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
970
930
932
Payables & Accruals
171
142
136
ST Debt
799
788
796
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
47.83%
81.93%
0.4%
Free Cash Flow
-56.59%
72%
8.62%
Net Income, GAAP
-58.3%
-6.79%
43.95%
Sales/Revenue/Turnover
24.82%
34.8%
2.76%
Total Cash Common Dividend
24.17%
28.51%
7.2%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
161
158
160
161
640
2025
161
162
167
167
658
2026
165
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.08
0.05
0.05
- -
0.17
2025
0.04
0.03
0.03
0.14
0.24
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.16
0.16
0.16
0.16
0.64
2025
0.16
0.16
0.17
0.17
0.66
2026
0.17
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Scott F. Schaeffer
Full Time Employees
917
Sector
Real Estate
Industry
REIT - Residential
Address
1835 Market Street Philadelphia PA United States of America 19103
IPO Date
Aug 13, 2013
Business
Independence Realty Trust, Inc. (Ticker: IRT) is a real estate investment trust (REIT) focused on the acquisition, development, and management of multifamily residential properties primarily in the United States. The company specializes in owning and operating multifamily apartment communities, with a portfolio that includes garden-style and mid-rise apartment buildings across major metropolitan markets. Its core offerings include residential leasing services, property management, and asset management aimed at delivering value through high-quality rental housing. Independence Realty Trust provides residents with amenities such as fitness centers, swimming pools, community spaces, and technology-enhanced living environments. The company operates geographically across key U.S. regions with concentration in high-growth markets including the Southeast, Southwest, Texas, and select West Coast metro areas. Founded in 2015, Independence Realty Trust is headquartered in Orlando, Florida. It targets a broad tenant base ranging from young professionals to families seeking well-located, professionally managed apartment communities. The company utilizes a strategic growth approach combining acquisitions of existing properties and new development projects to expand its footprint. In the last 1-2 years, Independence Realty Trust has undertaken significant operational changes including acquisitions to increase its portfolio and enhance market presence. It has also initiated new community developments and upgrades across its property portfolio to improve resident experience and operational efficiency. Recent strategic initiatives include partnering with technology providers to improve property management and resident services and expanding its capital base through financing rounds aimed at supporting growth. The company remains focused on leveraging its scale and management expertise in multifamily real estate to generate stable income and long-term value for shareholders. Independence Realty Trust does not have reported major name changes or reorganizations but continues to advance its market positioning through disciplined portfolio management and operational enhancements.

Company News

APIChatGPT
  • HPE and Rowan University Expand Partnership to Accelerate Research and Strengthen Student Workforce Readiness

  • Independence Realty Trust Increases Quarterly Dividend by 6%

  • Independence Realty Trust: Patience Is Key

  • Independence Realty Trust, Inc. (IRT) Q1 2026 Earnings Call Transcript

  • Independence Realty Trust (IRT) Lags Q1 FFO and Revenue Estimates

  • Independence Realty Trust Announces First Quarter 2026 Financial Results

  • SAFE vs. IRT: Which Stock Should Value Investors Buy Now?

  • B&I Capital AG Has $8.93 Million Stake in Independence Realty Trust, Inc. $IRT

  • IRT Announces Dates for First Quarter 2026 Earnings Release and Conference Call

  • SAFE or IRT: Which Is the Better Value Stock Right Now?

  • Independence Realty Trust, Inc. $IRT Stock Holdings Decreased by Bamco Inc. NY

  • Independence Realty Trust Declares First Quarter 2026 Dividend

  • Citigroup Inc. Cuts Holdings in Independence Realty Trust, Inc. $IRT

  • Independence Realty Trust, Inc. $IRT Shares Sold by Centersquare Investment Management LLC

  • Rep. Gilbert Ray Cisneros, Jr. Buys Independence Realty Trust, Inc. (NYSE:IRT) Shares

  • Independence Realty Trust: Solid Sunbelt Multifamily Operations, Shares Fairly Valued

  • Independence Realty Trust, Inc. (IRT) Q4 2025 Earnings Call Transcript

  • Independence Realty Trust (IRT) Matches Q4 FFO Estimates

  • Independence Realty Trust Announces Fourth Quarter and Full Year 2025 Financial Results

  • Property Type Round-Up From REITWorld 2025