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
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.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2024‑12 | 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
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% |