INDEPENDENCE REALTY TRUST, INC. IRT

Latest FY: 2025 Real Estate REIT - Residential
Market Price $15.24
Market Cap $3.59B
P/E Ratio 63.50
Quick Peer Compare (Real Estate):
Revenue (FY 2025) ↑2.8% YoY
$657.70M
3-Yr CAGR: 1.5%
Net Income ↑43.9% YoY
$56.56M
Net Margin: 8.6%
Free Cash Flow ↑3.6% YoY
$146.52M
FCF Yield: 4.08%
EPS (Diluted) ↑41.2% YoY
$0.24
Basic: $0.24
Return on Equity Efficiency
1.6%
ROA: 0.9%

📊 Multi-Year Historical Performance & Trends

Financial Performance History Revenue, Net Income & Free Cash Flow
Margins Trend (%) Gross, Operating & Net Margins
Balance Sheet Strength Cash, Debt & Equity
Cash Flow Generation Operating Cash Flow vs CapEx vs FCF

📈 Year-over-Year (YoY) Growth History (IRT)

All monetary values in millions ($M)
Fiscal Year Revenue Revenue YoY Gross Profit Net Income Net Inc YoY Diluted EPS EPS YoY Div / Sh Div Yield Op. Cash Flow Free Cash Flow FCF YoY
FY 2016 $153.4M $117.9M $-9.8M $-0.19 $0.70 7.86% $-7.5M $-18.2M
FY 2017 $161.2M +5.1% $132.5M $30.2M +408.2% $0.41 +315.8% $0.71 7.07% $54.3M $40.0M +319.6%
FY 2018 $191.2M +18.6% $155.2M $26.3M -13.0% $0.30 -26.8% $0.60 6.56% $68.5M $67.9M +70.0%
FY 2019 $203.2M +6.3% $164.0M $45.9M +74.6% $0.51 +70.0% $0.72 5.11% $75.0M $74.8M +10.0%
FY 2020 $211.9M +4.3% $175.4M $14.8M -67.8% $0.16 -68.6% $0.54 4.02% $75.0M $74.9M +0.2%
FY 2021 $250.3M +18.1% $213.9M $44.6M +201.9% $0.41 +156.2% $0.48 1.86% $52.3M $52.1M -30.4%
FY 2022 $628.5M +151.2% $541.6M $117.2M +163.0% $0.53 +29.3% $0.47 2.81% $249.5M $165.6M +217.9%
FY 2023 $661.0M +5.2% $571.1M $-17.2M -114.7% $-0.08 -115.1% $0.62 4.05% $262.2M $115.5M -30.2%
FY 2024 $640.0M -3.2% $563.9M $39.3M +328.1% $0.17 +312.5% $0.64 3.23% $259.8M $141.5M +22.5%
FY 2025 $657.7M +2.8% $578.7M $56.6M +43.9% $0.24 +41.2% $0.67 3.83% $282.1M $146.5M +3.6%
$

Valuation

Market Price $15.24
Market Cap $3.59B
Enterprise Value $5.85B
P/E Ratio 63.50
P/B Ratio 1.04
FCF Yield 4.08%
Dividend Yield 4.40%
Shares Outstanding 235,714,700
%

Profitability & Margins

Gross Margin 87.99%
Operating Margin 8.60%
Net Margin 8.60%
Return on Equity (ROE) 1.63%
Return on Assets (ROA) 0.94%
Asset Turnover 0.11x
Revenue 3-Yr CAGR 1.52%
🛡️

Financial Health & Liquidity

Current Ratio N/A
Cash Ratio N/A
Debt / Equity 0.659
Debt / Assets 0.379
Cash & Equivalents $23.56M
Total Debt $2.28B
Book Value / Share $14.68
💧

Cash Flow Efficiency

Operating Cash Flow $282.15M
Capital Expenditures (CapEx) $135.62M
Free Cash Flow $146.52M
OCF / Revenue 42.90%
FCF / Revenue 22.28%
FCF 3-Yr CAGR -3.99%
🏷️

Per Share Metrics

EPS (Diluted) $0.24
EPS (Basic) $0.24
Dividends / Share $0.67
Book Value / Share $14.68
EPS YoY Growth 41.18%
🏛️

Balance Sheet (FY 2025)

Total Assets $6.02B
Total Liabilities $2.43B
Stockholders' Equity $3.46B
Current Assets N/A
Current Liabilities N/A