IRT
Independence Realty Trust, Inc.
Price Chart
No historical data available
Latest Quote
$16.31
-0.09 (-0.55%)
Current Price
| Previous Close | $16.40 |
| Open | $16.47 |
| Day High | $16.50 |
| Day Low | $16.30 |
| Volume | 1,848,944 |
Stock Information
| Quarterly Dividend / Yield | $0.69 / 4.23% |
| Shares Outstanding | 235.74M |
| Quarterly Dividend Yield | 4.23% |
| Quarterly Dividend | $0.69 |
| Total Debt | $2.45B |
| Cash Equivalents | $37.36M |
| Revenue | $677.16M |
| Net Income | $43.48M |
| Sector | Real Estate |
| Industry | REIT - Residential |
| Market Cap | $3.94B |
| P/E Ratio | 90.61 |
| EPS (TTM) | $0.18 |
| Exchange | NYQ |
Recent Price History
No history data available. Data will be fetched automatically.
About Independence Realty Trust, Inc.
Independence Realty Trust, Inc., an S&P 400 MidCap Company, is a real estate investment trust that owns and operates multifamily communities across non-gateway U.S. markets. IRT's investment strategy is focused on gaining scale near major employment centers within key amenity rich submarkets that offer good school districts and high-quality retail. IRT's main investment objective is to provide attractive risk-adjusted returns to shareholders through diligent portfolio management, strong operational performance, and a consistent return on capital through distributions and capital appreciation. Independence Realty Trust, Inc. was established in 2009 and is incorporated in Maryland.
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Income Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $269,264,000 | $265,511,000 | $271,411,000 | $256,308,000 |
| Cost Of Revenue | $269,264,000 | $265,511,000 | $271,411,000 | $256,308,000 |
| Total Revenue | $657,696,000 | $640,035,000 | $660,983,000 | $628,525,000 |
| Operating Revenue | $656,481,000 | $638,913,000 | $659,841,000 | $627,414,000 |
| Expenses | ||||
| Interest Expense | $78,998,000 | $76,141,000 | $89,921,000 | $86,955,000 |
| Total Expenses | $536,471,000 | $510,610,000 | $513,145,000 | $535,417,000 |
| Other Income Expense | $15,480,000 | $-13,251,000 | $-75,724,000 | $114,506,000 |
| Other Non Operating Income Expenses | $-352,000 | $-1,000 | $-427,000 | $1,558,000 |
| Net Non Operating Interest Income Expense | $-78,998,000 | $-76,141,000 | $-89,921,000 | $-86,955,000 |
| Interest Expense Non Operating | $78,998,000 | $76,141,000 | $89,921,000 | $86,955,000 |
| Operating Expense | $267,207,000 | $245,099,000 | $241,734,000 | $279,109,000 |
| General And Administrative Expense | $23,966,000 | $24,245,000 | $22,766,000 | $26,260,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $56,558,000 | $39,291,000 | $-17,227,000 | $117,249,000 |
| Net Interest Income | $-78,998,000 | $-76,141,000 | $-89,921,000 | $-86,955,000 |
| Normalized Income | $52,792,860 | $50,032,630 | $53,582,000 | $26,306,570 |
| Net Income From Continuing And Discontinued Operation | $56,558,000 | $39,291,000 | $-17,227,000 | $117,249,000 |
| Net Income Common Stockholders | $56,558,000 | $39,291,000 | $-17,227,000 | $117,249,000 |
| Net Income | $56,558,000 | $39,291,000 | $-17,227,000 | $117,249,000 |
| Net Income Including Noncontrolling Interests | $57,707,000 | $40,033,000 | $-17,807,000 | $120,659,000 |
| Net Income Continuous Operations | $57,707,000 | $40,033,000 | $-17,807,000 | $120,659,000 |
| Pretax Income | $57,707,000 | $40,033,000 | $-17,807,000 | $120,659,000 |
| Special Income Charges | $-1,381,000 | $-3,735,000 | $-4,262,000 | $3,361,000 |
| Earnings From Equity Interest | $11,066,000 | $347,000 | $-4,488,000 | $-2,169,000 |
| Operating Income | $121,225,000 | $129,425,000 | $147,838,000 | $93,108,000 |
| Depreciation Amortization Depletion Income Statement | $243,241,000 | $220,854,000 | $218,968,000 | $252,849,000 |
| Depreciation And Amortization In Income Statement | $243,241,000 | $220,854,000 | $218,968,000 | $252,849,000 |
| Gross Profit | $388,432,000 | $374,524,000 | $389,572,000 | $372,217,000 |
| Per Share | ||||
| Diluted EPS | $0.24 | $0.17 | $-0.08 | $0.53 |
| Basic EPS | $0.24 | $0.17 | $-0.08 | $0.53 |
| Other | ||||
| Tax Effect Of Unusual Items | $1,000,860 | $-2,855,370 | $0 | $24,174,570 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $375,180,000 | $350,625,000 | $361,891,000 | $345,346,000 |
| Total Unusual Items | $4,766,000 | $-13,597,000 | $-70,809,000 | $115,117,000 |
| Total Unusual Items Excluding Goodwill | $4,766,000 | $-13,597,000 | $-70,809,000 | $115,117,000 |
| Reconciled Depreciation | $243,241,000 | $220,854,000 | $218,968,000 | $252,849,000 |
| EBITDA (Bullshit earnings) | $379,946,000 | $337,028,000 | $291,082,000 | $460,463,000 |
| EBIT | $136,705,000 | $116,174,000 | $72,114,000 | $207,614,000 |
| Diluted Average Shares | $234,750,431 | $225,584,327 | $224,414,443 | $223,012,828 |
| Basic Average Shares | $233,923,616 | $224,798,958 | $224,414,443 | $221,965,460 |
| Diluted NI Availto Com Stockholders | $56,558,000 | $39,291,000 | $-17,227,000 | $117,249,000 |
| Minority Interests | $-1,149,000 | $-742,000 | $580,000 | $-3,410,000 |
| Other Special Charges | $1,381,000 | $3,735,000 | $1,049,000 | $-8,866,000 |
| Restructuring And Mergern Acquisition | $0 | $0 | $3,213,000 | $5,505,000 |
| Gain On Sale Of Security | $6,147,000 | $-9,862,000 | $-66,547,000 | $111,756,000 |
| Selling General And Administration | $23,966,000 | $24,245,000 | $22,766,000 | $26,260,000 |
| Other Gand A | $23,966,000 | $24,245,000 | $22,766,000 | $26,260,000 |
Fetched: 2026-08-21
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $3,456,966,000 | $3,438,631,000 | $3,431,231,000 | $3,596,265,000 |
| Total Assets | $6,021,750,000 | $6,057,919,000 | $6,280,175,000 | $6,532,095,000 |
| Total Non Current Assets | $5,897,660,000 | $5,904,355,000 | $5,933,109,000 | $6,452,301,000 |
| Other Non Current Assets | $45,711,000 | $39,596,000 | $39,245,000 | $34,846,000 |
| Financial Assets | $9,840,000 | $29,300,000 | $29,937,000 | $41,109,000 |
| Goodwill And Other Intangible Assets | $2,970,000 | $3,644,000 | $66,000 | $399,000 |
| Current Assets | $124,090,000 | $153,564,000 | $347,066,000 | $79,794,000 |
| Assets Held For Sale Current | $76,468,000 | $110,112,000 | $296,334,000 | $35,777,000 |
| Restricted Cash | $24,058,000 | $22,224,000 | $27,880,000 | $27,933,000 |
| Cash Cash Equivalents And Short Term Investments | $23,564,000 | $21,228,000 | $22,852,000 | $16,084,000 |
| Cash And Cash Equivalents | $23,564,000 | $21,228,000 | $22,852,000 | $16,084,000 |
| Debt | ||||
| Net Debt | $2,257,911,000 | $2,312,455,000 | $2,526,557,000 | $2,615,561,000 |
| Total Debt | $2,281,475,000 | $2,333,683,000 | $2,549,409,000 | $2,631,645,000 |
| Long Term Debt And Capital Lease Obligation | $1,493,951,000 | $1,538,963,000 | $1,709,948,000 | $1,806,820,000 |
| Long Term Debt | $1,493,951,000 | $1,538,963,000 | $1,709,948,000 | $1,806,820,000 |
| Current Debt And Capital Lease Obligation | $787,524,000 | $794,720,000 | $839,461,000 | $824,825,000 |
| Current Debt | $787,524,000 | $794,720,000 | $839,461,000 | $824,825,000 |
| Other Current Borrowings | - | - | - | $596,612,000 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $2,432,324,000 | $2,482,845,000 | $2,712,981,000 | $2,794,228,000 |
| Total Non Current Liabilities Net Minority Interest | $1,502,793,000 | $1,546,998,000 | $1,719,671,000 | $1,819,824,000 |
| Other Non Current Liabilities | $8,496,000 | $8,035,000 | $9,723,000 | $13,004,000 |
| Derivative Product Liabilities | $346,000 | $0 | - | $0 |
| Current Liabilities | $929,531,000 | $935,847,000 | $993,310,000 | $974,404,000 |
| Payables And Accrued Expenses | $142,007,000 | $141,127,000 | $153,849,000 | $149,579,000 |
| Interest Payable | $8,377,000 | $8,630,000 | $7,917,000 | $7,713,000 |
| Payables | $133,630,000 | $132,497,000 | $145,932,000 | $141,866,000 |
| Dividends Payable | $41,275,000 | $37,827,000 | $36,858,000 | $32,189,000 |
| Accounts Payable | $92,355,000 | $94,670,000 | $109,074,000 | $109,677,000 |
| Equity | ||||
| Common Stock Equity | $3,459,936,000 | $3,442,275,000 | $3,431,297,000 | $3,596,664,000 |
| Total Equity Gross Minority Interest | $3,589,426,000 | $3,575,074,000 | $3,567,194,000 | $3,737,867,000 |
| Stockholders Equity | $3,459,936,000 | $3,442,275,000 | $3,431,297,000 | $3,596,664,000 |
| Gains Losses Not Affecting Retained Earnings | $7,722,000 | $26,065,000 | $25,513,000 | $35,102,000 |
| Other Equity Adjustments | $7,722,000 | $26,065,000 | $25,513,000 | $35,102,000 |
| Retained Earnings | $-555,326,000 | $-454,104,000 | $-348,405,000 | $-191,735,000 |
| Long Term Equity Investment | $98,263,000 | $91,975,000 | $89,044,000 | $80,220,000 |
| Other | ||||
| Preferred Shares Number | $125 | $125 | $125 | $125 |
| Ordinary Shares Number | $237,234,750 | $230,838,006 | $224,706,731 | $224,064,940 |
| Share Issued | $237,234,750 | $230,838,006 | $224,706,731 | $224,064,940 |
| Tangible Book Value | $3,456,966,000 | $3,438,631,000 | $3,431,231,000 | $3,596,265,000 |
| Invested Capital | $5,741,411,000 | $5,775,958,000 | $5,980,706,000 | $6,228,309,000 |
| Working Capital | $-805,441,000 | $-782,283,000 | $-646,244,000 | $-894,610,000 |
| Total Capitalization | $4,953,887,000 | $4,981,238,000 | $5,141,245,000 | $5,403,484,000 |
| Minority Interest | $129,490,000 | $132,799,000 | $135,897,000 | $141,203,000 |
| Additional Paid In Capital | $4,005,168,000 | $3,868,006,000 | $3,751,942,000 | $3,751,056,000 |
| Capital Stock | $2,372,000 | $2,308,000 | $2,247,000 | $2,241,000 |
| Common Stock | $2,372,000 | $2,308,000 | $2,247,000 | $2,241,000 |
| Preferred Stock | $0 | $0 | $0 | $0 |
| Line Of Credit | $787,524,000 | $794,720,000 | $839,461,000 | $824,825,000 |
| Current Accrued Expenses | $8,377,000 | $8,630,000 | $7,917,000 | $7,713,000 |
| Investments And Advances | $98,263,000 | $91,975,000 | $89,044,000 | $80,220,000 |
| Investment Properties | $5,740,876,000 | $5,739,840,000 | $5,774,817,000 | $6,295,727,000 |
| Investmentsin Subsidiariesat Cost | - | $91,975,000 | $89,044,000 | $80,220,000 |
| Treasury Shares Number | - | - | $0 | - |
Fetched: 2026-08-21
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $128,285,000 | $84,689,000 | $49,318,000 | $103,798,000 |
| Operating Activities | ||||
| Operating Cash Flow | $282,149,000 | $259,753,000 | $262,170,000 | $249,537,000 |
| Cash Flow From Continuing Operating Activities | $282,149,000 | $259,753,000 | $262,170,000 | $249,537,000 |
| Operating Gains Losses | $-10,999,000 | $-547,000 | $4,612,000 | $2,169,000 |
| Investing Activities | ||||
| Capital Expenditure | $-153,864,000 | $-175,064,000 | $-212,852,000 | $-145,739,000 |
| Investing Cash Flow | $-142,911,000 | $-20,605,000 | $-1,712,000 | $-135,766,000 |
| Cash Flow From Continuing Investing Activities | $-142,911,000 | $-20,605,000 | $-1,712,000 | $-135,766,000 |
| Net Other Investing Changes | $980,000 | $4,719,000 | $4,209,000 | $15,580,000 |
| Capital Expenditure Reported | $-153,864,000 | $-175,064,000 | $-212,852,000 | $-145,739,000 |
| Financing Activities | ||||
| Repurchase Of Capital Stock | $-33,491,000 | $-2,602,000 | $-5,160,000 | $-5,969,000 |
| Issuance Of Capital Stock | $162,441,000 | $111,304,000 | - | $48,651,000 |
| Financing Cash Flow | $-135,068,000 | $-246,428,000 | $-253,743,000 | $-135,425,000 |
| Cash Flow From Continuing Financing Activities | $-135,068,000 | $-246,428,000 | $-253,743,000 | $-135,425,000 |
| Net Other Financing Charges | $-10,242,000 | $-6,318,000 | $-3,774,000 | $-7,888,000 |
| Cash Dividends Paid | $-154,391,000 | $-144,021,000 | $-134,872,000 | $-105,829,000 |
| Common Stock Dividend Paid | $-154,391,000 | $-144,021,000 | $-134,872,000 | $-105,829,000 |
| Net Common Stock Issuance | $128,950,000 | $108,702,000 | $-5,160,000 | $42,682,000 |
| Common Stock Issuance | $162,441,000 | $111,304,000 | - | $48,651,000 |
| Dividends Received Cfi | - | - | $0 | $3,406,000 |
| Other | ||||
| Repayment Of Debt | $-578,900,000 | $-804,791,000 | $-379,937,000 | $-771,890,000 |
| Issuance Of Debt | $479,515,000 | $600,000,000 | $270,000,000 | $707,500,000 |
| Interest Paid Supplemental Data | $82,633,000 | $80,615,000 | $96,022,000 | $96,383,000 |
| End Cash Position | $47,622,000 | $43,452,000 | $50,732,000 | $44,017,000 |
| Beginning Cash Position | $43,452,000 | $50,732,000 | $44,017,000 | $65,671,000 |
| Changes In Cash | $4,170,000 | $-7,280,000 | $6,715,000 | $-21,654,000 |
| Common Stock Payments | $-33,491,000 | $-2,602,000 | $-5,160,000 | $-5,969,000 |
| Net Issuance Payments Of Debt | $-99,385,000 | $-204,791,000 | $-109,937,000 | $-64,390,000 |
| Net Long Term Debt Issuance | $-99,385,000 | $-204,791,000 | $-109,937,000 | $-64,390,000 |
| Long Term Debt Payments | $-578,900,000 | $-804,791,000 | $-379,937,000 | $-771,890,000 |
| Long Term Debt Issuance | $479,515,000 | $600,000,000 | $270,000,000 | $707,500,000 |
| Net Investment Properties Purchase And Sale | $5,195,000 | $152,324,000 | $230,789,000 | $51,783,000 |
| Sale Of Investment Properties | $157,943,000 | $390,884,000 | $230,789,000 | $253,560,000 |
| Purchase Of Investment Properties | $-152,748,000 | $-238,560,000 | $0 | $-201,777,000 |
| Net Business Purchase And Sale | $4,778,000 | $-2,584,000 | $-23,858,000 | $-57,390,000 |
| Sale Of Business | $40,516,000 | $9,064,000 | $2,145,000 | $3,406,000 |
| Purchase Of Business | $-35,738,000 | $-11,648,000 | $-26,003,000 | $-60,796,000 |
| Change In Working Capital | $-6,845,000 | $-15,552,000 | $-13,768,000 | $-6,357,000 |
| Change In Other Current Liabilities | $-1,034,000 | $-1,255,000 | $-2,399,000 | $-4,367,000 |
| Change In Other Current Assets | $-8,021,000 | $-7,919,000 | $-8,062,000 | $-33,000 |
| Change In Payables And Accrued Expense | $2,210,000 | $-6,378,000 | $-3,307,000 | $-1,957,000 |
| Change In Accrued Expense | $-253,000 | $713,000 | $-79,000 | $538,000 |
| Change In Interest Payable | $-253,000 | $713,000 | $-79,000 | $538,000 |
| Change In Payable | $2,463,000 | $-7,091,000 | $-3,228,000 | $-2,495,000 |
| Change In Account Payable | $2,463,000 | $-7,091,000 | $-3,228,000 | $-2,495,000 |
| Other Non Cash Items | $-3,676,000 | $-3,159,000 | $-5,344,000 | $-17,201,000 |
| Stock Based Compensation | $7,882,000 | $7,077,000 | $7,658,000 | $7,893,000 |
| Asset Impairment Charge | $-6,147,000 | $9,862,000 | $66,547,000 | $-111,756,000 |
| Amortization Of Securities | $986,000 | $1,185,000 | $1,304,000 | $1,281,000 |
| Depreciation Amortization Depletion | $243,241,000 | $220,854,000 | $218,968,000 | $252,849,000 |
| Depreciation And Amortization | $243,241,000 | $220,854,000 | $218,968,000 | $252,849,000 |
| Earnings Losses From Equity Investments | $-11,066,000 | $-347,000 | $4,488,000 | $2,169,000 |
| Net Income From Continuing Operations | $57,707,000 | $40,033,000 | $-17,807,000 | $120,659,000 |
| Net Short Term Debt Issuance | - | - | $19,659,000 | $-11,025,000 |
| Short Term Debt Payments | - | - | $-250,341,000 | $-718,525,000 |
| Short Term Debt Issuance | - | - | $270,000,000 | $707,500,000 |
Fetched: 2026-08-21