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Independence Realty Trust, Inc.

IRTNYSEReal Estate·US · USD
$14.64
+0.20 (+1.39%)
Prices as of October 8, 2026 · market closed

Price

Key statistics

Valuation
Market cap3.54B USD
Enterprise value6.00B USD
Trailing P/E80.22
Forward P/E180.50
PEG ratio-1.20
Price / sales5.15
Price / book1.01
Profitability
Gross margin57.36%
Operating margin14.75%
Profit margin6.42%
Return on assets1.29%
Return on equity1.26%
Income (TTM)
Revenue677.16M USD
Gross profit410.89M USD
EBITDA377.75M USD
Net income43.48M USD
Diluted EPS$0.18
Rev. growth (YoY)3.00%
Balance sheet
Total cash37.36M USD
Total debt2.45B USD
Debt / equity70.16
Current ratio0.59
Book value / share$14.28
Cash flow (TTM)
Operating cash flow275.77M USD
Levered free cash flow186.07M USD
Shares & price
Shares outstanding235.74M
Float233.58M
Held by institutions103.56%
Beta0.98
50-day MA$15.91
200-day MA$16.29
52-week high$17.79
52-week low$14.33
Dividends
Forward rate
$0.72
Yield
4.92%
Payout ratio
383.33%
Frequency
Quarterly
Recent payments
  • 2026-09-30$0.18
Earnings (EPS)
DateEst.ActualSurprise2026-08-030.060.02−66.67%2026-05-181.351.50+11.11%2026-02-110.080.06−25.00%2026-01-231.611.87+16.15%2025-10-290.060.04−33.33%
About Independence Realty Trust, Inc.

Independence Realty Trust, Inc. is a real estate investment trust that owns, operates, improves, and manages multifamily apartment communities across non-gateway U.S. markets. The company focuses on residential rental properties in areas with access to employment centers, schools, and retail amenities, serving demand in regions such as the Southeast and Midwest. Its portfolio is concentrated in apartment communities that generate recurring rental income and support ongoing property-level operations, maintenance, and resident services. Independence Realty Trust, Inc. is a self-administered and self-managed REIT, giving it direct control over asset management and day-to-day operations. Through its apartment communities, the company plays a role in the U.S. rental housing market by providing professionally managed multifamily housing in markets outside the largest coastal metropolitan areas.

Sector
Real Estate
Industry
REIT - Residential
CEO
Mr. Scott F. Schaeffer
Employees
917
Headquarters
Philadelphia, PA, United States

Frequently asked questions about Independence Realty Trust, Inc.