INDEPENDENCE REALTY TRUST, INC. financials
Source: EDGAR filings · Built 2026-06-02T03:19:39Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | — | — | — | — | 52.08M | 74.88M |
| Net Debt | 2.26B | 2.31B | 2.53B | 2.62B | 2.67B | 936.93M |
| Net Margin | 8.60% | 6.14% | -2.61% | 18.65% | 17.82% | 6.97% |
| Return on Equity (ROE) | 1.63% | 1.14% | -0.50% | 3.26% | 1.28% | 2.09% |
| Return on Assets (ROA) | 0.94% | 0.65% | -0.27% | 1.79% | 0.69% | 0.85% |
| Debt-to-Equity | 0.66× | 0.68× | 0.74× | 0.73× | 0.78× | 1.34× |
| Cash Conversion Ratio | 4.99× | 6.61× | -15.22× | 2.13× | 1.17× | 5.08× |
| Accruals Ratio | -0.04× | -0.04× | -0.04× | -0.02× | -0.00× | -0.03× |
| SBC % of Revenue | 1.20% | 1.11% | 1.16% | 1.26% | 2.89% | 2.63% |
| CapEx Coverage | — | — | — | — | 295.24× | 892.37× |
| Free Cash Flow Per Share | — | — | — | — | $0.47 | $0.79 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 72.83× | 116.71× | — | 31.81× | 63.00× | 83.94× |
| P/FCF | — | — | — | — | 54.47× | 16.98× |
| FCF Yield | — | — | — | — | 1.84% | 5.89% |
| P/S | 6.31× | 7.16× | 5.20× | 6.01× | 22.79× | 6.45× |
| P/B | 1.20× | 1.33× | 1.00× | 1.05× | 1.64× | 1.93× |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenues | 657.70M | 640.03M | 660.98M | 628.52M | 250.25M | 211.91M |
| Income Tax Expense (Benefit) | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Income (Loss) Attributable to Parent | 56.56M | 39.29M | -17.23M | 117.25M | 44.59M | 14.77M |
| Earnings Per Share, Basic | $0.24 | $0.17 | $-0.08 | $0.53 | $0.41 | $0.16 |
| Weighted Average Number of Shares Outstanding, Basic | 233.92M | 224.80M | 224.41M | 221.97M | 108.55M | 93.66M |
| Earnings Per Share, Diluted | $0.24 | $0.17 | $-0.08 | $0.53 | $0.41 | $0.16 |
| Weighted Average Number of Shares Outstanding, Diluted | 234.75M | 225.58M | 224.41M | 223.12M | 109.83M | 94.69M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 23.56M | 21.23M | 22.85M | 16.08M | 35.97M | 8.75M |
| Assets | 6.02B | 6.06B | 6.28B | 6.53B | 6.51B | 1.73B |
| Long-term Debt | 2.28B | 2.33B | 2.55B | 2.63B | 2.71B | 945.69M |
| Liabilities | 2.43B | 2.48B | 2.71B | 2.79B | 2.86B | 1.02B |
| Stockholders' Equity Attributable to Parent | 3.46B | 3.44B | 3.43B | 3.60B | 3.48B | 708.06M |
| Common Stock, Shares, Outstanding | 237.23M | 230.84M | 224.71M | 224.06M | 220.75M | 101.80M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 282.15M | 259.75M | 262.17M | 249.54M | 52.26M | 74.96M |
| Payments to Acquire Property, Plant, and Equipment | — | — | — | — | 177.00K | 84.00K |
| Net Cash Provided by (Used in) Investing Activities | -142.91M | -20.61M | -1.71M | -135.77M | -216.12M | -124.54M |
| Payments for Repurchase of Common Stock | 30.00M | 0 | 0 | — | — | — |
| Net Cash Provided by (Used in) Financing Activities | -135.07M | -246.43M | -253.74M | -135.43M | 215.92M | 48.76M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Debt | 2.41B | 2.26B | 2.28B | 2.23B | 2.23B | 2.31B |
| Net Margin | -0.04% | 19.90% | 4.12% | 4.96% | 5.18% | -0.62% |
| Return on Equity (ROE) | -0.00% | 0.96% | 0.20% | 0.24% | 0.24% | -0.03% |
| Return on Assets (ROA) | -0.00% | 0.55% | 0.11% | 0.13% | 0.14% | -0.02% |
| Debt-to-Equity | 0.72× | 0.66× | 0.66× | 0.66× | 0.65× | 0.68× |
| Cash Conversion Ratio | -813.51× | 1.81× | 32.20× | 17.72× | 7.23× | -63.37× |
| Accruals Ratio | -0.01× | -0.00× | -0.04× | -0.02× | -0.01× | -0.01× |
| SBC % of Revenue | 2.27% | 0.63% | 4.08% | 3.57% | 2.45% | 0.59% |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 74.45× | 72.83× | 163.90× | 147.42× | 151.64× | 110.22× |
| P/S | 5.30× | 6.31× | 6.01× | 6.42× | 7.75× | 7.16× |
| P/B | 1.03× | 1.20× | 1.12× | 1.21× | 1.44× | 1.33× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenues | 165.32M | 167.13M | 167.14M | 162.19M | 161.24M | 160.96M |
| Income Tax Expense (Benefit) | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Income (Loss) Attributable to Parent | -68.00K | 33.27M | 6.89M | 8.05M | 8.35M | -1.00M |
| Earnings Per Share, Basic | $0.00 | $0.14 | $0.03 | $0.03 | $0.04 | $0.00 |
| Weighted Average Number of Shares Outstanding, Basic | 236.43M | 233.92M | 233.63M | 233.50M | 230.72M | 224.80M |
| Earnings Per Share, Diluted | $0.00 | $0.14 | $0.03 | $0.03 | $0.04 | $0.00 |
| Weighted Average Number of Shares Outstanding, Diluted | 236.43M | 234.75M | 234.28M | 234.13M | 231.83M | 225.58M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 23.34M | 23.56M | 23.29M | 19.49M | 29.05M | 21.23M |
| Assets | 6.10B | 6.02B | 6.09B | 5.96B | 5.98B | 6.06B |
| Long-term Debt | 2.43B | 2.28B | 2.30B | 2.25B | 2.25B | 2.33B |
| Liabilities | 2.58B | 2.43B | 2.48B | 2.41B | 2.40B | 2.48B |
| Stockholders' Equity Attributable to Parent | 3.39B | 3.46B | 3.49B | 3.42B | 3.46B | 3.44B |
| Common Stock, Shares, Outstanding | 235.70M | 237.23M | 239.10M | 233.81M | 233.76M | 230.84M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 55.32M | 60.19M | 221.96M | 142.61M | 60.37M | 63.43M |
| Net Cash Provided by (Used in) Investing Activities | -65.95M | 10.06M | -152.97M | -34.34M | 10.44M | -191.55M |
| Payments for Repurchase of Common Stock | 29.94M | — | — | — | 0 | — |
| Net Cash Provided by (Used in) Financing Activities | 6.28M | -73.56M | -61.51M | -109.20M | -65.92M | 123.32M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (IRT CIK 0001466085),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.