IRT
Independence Realty Trust Inc
NYSE: IRT · REAL ESTATE · REIT - RESIDENTIAL
$16.45
-1.54% today
Updated 2026-05-15
Market cap
$3.98B
P/E ratio
82.25
P/S ratio
5.91x
EPS (TTM)
$0.20
Dividend yield
4.14%
52W range
$15 – $19
Volume
2.4M
Independence Realty Trust Inc (IRT) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5369.00 | $8.67M | $16.63M | $19.94M | $49.20M | $109.58M | $153.39M | $161.22M | $191.23M | $203.22M | $211.91M | $250.25M | $628.52M | $660.98M | $640.03M | $657.70M |
| Revenue growth (YoY) | — | +161345.3% | +91.8% | +19.9% | +146.7% | +122.7% | +40.0% | +5.1% | +18.6% | +6.3% | +4.3% | +18.1% | +151.2% | +5.2% | -3.2% | +2.8% |
| Cost of revenue | — | $4.48M | $8.07M | $9.43M | $23.43M | $49.95M | $68.00M | $70.72M | $83.33M | $87.29M | $91.47M | $102.79M | $256.31M | $271.41M | $265.51M | $755.75M |
| Gross profit | $5369.00 | $4.19M | $8.56M | $10.51M | $25.78M | $59.62M | $85.39M | $90.49M | $107.91M | $115.93M | $120.43M | $147.46M | $372.22M | $389.57M | $374.52M | $-98.05M |
| Gross margin | 100.0% | 48.4% | 51.5% | 52.7% | 52.4% | 54.4% | 55.7% | 56.1% | 56.4% | 57.0% | 56.8% | 58.9% | 59.2% | 58.9% | 58.5% | -14.9% |
| R&D | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| SG&A | $440.00 | $575000.00 | $1.21M | $920000.00 | $2.87M | $7.79M | $10.86M | $9.53M | $10.82M | $12.74M | $15.10M | $18.61M | $26.26M | $22.77M | $24.25M | $23.97M |
| Operating income | $4929.00 | $1.36M | $3.73M | $4.93M | $8.54M | $10.18M | $39.66M | $45.42M | $51.82M | $103.18M | $44.52M | $51.94M | $93.11M | $147.84M | $129.43M | $121.22M |
| Operating margin | 91.8% | 15.7% | 22.4% | 24.7% | 17.4% | 9.3% | 25.9% | 28.2% | 27.1% | 50.8% | 21.0% | 20.8% | 14.8% | 22.4% | 20.2% | 18.4% |
| EBITDA | $4929.00 | $3.13M | $7.20M | $9.59M | $21.06M | $38.28M | $74.49M | $79.63M | $97.04M | $103.18M | $112.05M | $158.84M | $460.46M | $291.08M | $350.28M | $379.95M |
| EBITDA margin | 91.8% | 36.1% | 43.3% | 48.1% | 42.8% | 34.9% | 48.6% | 49.4% | 50.7% | 50.8% | 52.9% | 63.5% | 73.3% | 44.0% | 54.7% | 57.8% |
| EBIT | $4929.00 | $1.36M | $3.73M | $5.18M | $8.54M | $10.18M | $-41.37M | $-38.42M | $-42.32M | $50.37M | $51.37M | $81.93M | $207.61M | $72.11M | $129.43M | $136.71M |
| Interest expense | $0.00 | $1.73M | $3.31M | $3.66M | $8.50M | $23.55M | $35.53M | $28.70M | $36.01M | $39.23M | $36.49M | $36.40M | $86.95M | $89.92M | $76.14M | $79.00M |
| Income tax | $1203.00 | $-258000.00 | $535000.00 | $649000.00 | $4000.00 | $1.91M | $246000.00 | $1.24M | $322000.00 | $39.68M | $36.47M | $37.34M | $86.95M | $-456000.00 | — | — |
| Effective tax rate | 24.4% | 69.7% | 125.3% | 50.9% | 0.1% | 6.3% | -2.6% | 3.9% | 1.2% | 46.4% | 71.2% | 45.6% | 42.6% | 2.6% | 0.0% | 0.0% |
| Net income | $3726.00 | $-112000.00 | $-108000.00 | $625000.00 | $2.94M | $28.24M | $-9.80M | $30.21M | $26.29M | $45.90M | $14.77M | $44.59M | $117.25M | $-17.23M | $39.29M | $56.56M |
| Net income growth (YoY) | — | -3105.9% | +3.6% | +678.7% | +370.4% | +860.6% | -134.7% | +408.2% | -13.0% | +74.6% | -67.8% | +201.9% | +163.0% | -114.7% | +328.1% | +43.9% |
| Profit margin | 69.4% | -1.3% | -0.6% | 3.1% | 6.0% | 25.8% | -6.4% | 18.7% | 13.7% | 22.6% | 7.0% | 17.8% | 18.7% | -2.6% | 6.1% | 8.6% |