Loading...
XNYS
IRT
Market cap4.02bUSD
Jul 18, Last price  
17.21USD
1D
-0.35%
1Q
-10.13%
Jan 2017
92.94%
IPO
106.11%
Name

Independence Realty Trust Inc

Chart & Performance

D1W1MN
P/E
102.40
P/S
6.29
EPS
0.17
Div Yield, %
2.79%
Shrs. gr., 5y
20.06%
Rev. gr., 5y
25.79%
Revenues
640m
-3.17%
5,3698,668,00016,629,00019,943,00049,203,000109,576,000153,388,000161,216,000191,232,000203,223,000211,906,000250,252,000628,525,000660,983,000640,035,000
Net income
39m
P
3,726-112,000-108,000625,0002,940,00028,242,000-9,801,00030,206,00026,288,0006,670,000-21,590,0008,188,00033,704,000-17,227,00039,291,000
CFO
260m
-0.92%
3,7582,196,0004,484,0006,018,00015,724,00018,725,000-7,533,00054,324,00068,530,00075,001,00074,959,00052,257,000249,537,000262,170,000259,753,000
Dividend
Sep 30, 20240.16 USD/sh
Earnings
Jul 29, 2025

Profile

Independence Realty Trust, Inc. (NYSE: IRT) is a real estate investment trust that owns and operates multifamily apartment properties across non-gateway U.S. markets, including Atlanta, Louisville, Memphis, and Raleigh. IRT's investment strategy is focused on gaining scale within key amenity rich submarkets that offer good school districts, high-quality retail and major employment centers. IRT aims to provide stockholders attractive risk-adjusted returns through diligent portfolio management, strong operational performance, and a consistent return on capital through distributions and capital appreciation.
IPO date
Aug 13, 2013
Employees
923
Domiciled in
US
Incorporated in
US

Valuation

Title
USD in thousands, except ratios and share amounts
FYFYFYFYFYFYFYFYFYFY
2024‑122023‑122022‑122021‑122020‑122019‑122018‑122017‑122016‑122015‑12
Income
Revenues
640,035
-3.17%
660,983
5.16%
628,525
151.16%
Cost of revenue
289,756
516,377
282,568
Unusual Expense (Income)
NOPBT
350,279
144,606
345,957
NOPBT Margin
54.73%
21.88%
55.04%
Operating Taxes
86,955
Tax Rate
25.13%
NOPAT
350,279
144,606
259,002
Net income
39,291
-328.08%
(17,227)
-151.11%
33,704
311.63%
Dividends
(144,021)
(134,872)
(105,829)
Dividend yield
3.22%
3.93%
2.81%
Proceeds from repurchase of equity
108,702
(5,160)
42,682
BB yield
-2.43%
0.15%
-1.13%
Debt
Debt current
794,720
66,827
1,971,103
Long-term debt
1,538,963
1,715,350
2,635,046
Deferred revenue
2,794,228
Other long-term liabilities
8,035
7,022
(2,784,625)
Net debt
2,220,480
1,670,281
4,509,845
Cash flow
Cash from operating activities
259,753
262,170
249,537
CAPEX
(118,255)
(146,629)
(83,979)
Cash from investing activities
(20,605)
(1,712)
(135,766)
Cash from financing activities
(246,428)
(253,743)
(135,425)
FCF
(229,138)
2,612,336
(1,786,390)
Balance
Cash
21,228
22,852
16,084
Long term investments
91,975
89,044
80,220
Excess cash
81,201
78,847
64,878
Stockholders' equity
(292,932)
(184,748)
(13,189)
Invested Capital
6,209,724
5,538,440
8,363,407
ROIC
5.96%
2.08%
3.51%
ROCE
5.92%
2.70%
4.14%
EV
Common stock shares outstanding
225,584
224,414
223,120
Price
19.84
29.67%
15.30
-9.25%
16.86
-34.73%
Market cap
4,475,593
30.35%
3,433,541
-8.73%
3,761,802
32.60%
EV
6,828,872
5,239,719
8,412,850
EBITDA
571,133
363,574
598,806
EV/EBITDA
11.96
14.41
14.05
Interest
76,141
89,921
86,955
Interest/NOPBT
21.74%
62.18%
25.13%