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Independence Realty Trust, Inc. Financials

IRT

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All currency values in $ millions unless otherwise noted

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Showing 6 of 17 available years
Income Statement
TTM
DEC 2025
DEC 2024
DEC 2023
DEC 2022
2:1 split
DEC 2021
Revenues
Revenue$672$658$640$661$629$250
Cost of Revenue$537$514$490$491$500$180
Gross Profit$135$144$150$170$128$70
General & Administrative$24$24$24$23$26$19
Provision for Doubtful Accounts–––––$3
Total Operating Expenses$561$538$515$514$527$199
Operating Income$111$120$125$147$102$52
Non-Operating
Net Interest Expense-$85-$79-$76-$90-$87-$36
Other Non-Operating Income (Expense)-$0-$0-$0-$0$2$0
Income Tax Expense$0$0$0$0$0$0
Minority Interest$1$1$1-$1$3$1
Net Income
Net Income$62$57$39-$17$117$45
Per Share Data
Revenue Per Share$2.85$2.80$2.84$2.95$2.82$2.28
EPS (Basic)$0.26$0.24$0.17-$0.08$0.53$0.41
EPS (Diluted)$0.26$0.24$0.17-$0.08$0.53$0.41
Weighted Avg Shares (Basic)235.4M233.9M224.8M224.4M222.0M108.6M
Weighted Avg Shares (Diluted)236.1M234.8M225.6M224.4M223.1M109.8M
Shares Outstanding236.1M234.8M225.6M224.4M223.1M109.8M
Dividends Per Share$0.70$0.67$0.64$0.62$0.54$0.48

Independence Realty Trust (IRT) financials: revenue, profit and margins

Independence Realty Trust (IRT) generated about $672 million in revenue and $62 million in net income (a 9.2% net margin) over the trailing twelve months, growing at roughly 25.4% a year. Figures are from SEC filings; this is analysis, not investment advice.

Frequently asked

What is Independence Realty Trust's (IRT) revenue?+

Independence Realty Trust generated about $672 million in revenue over the trailing twelve months. Revenue has grown at roughly 25.4% a year over the past five years. Revenue is the top line, before any costs; what matters for value is how much of it survives to free cash flow. The full income statement, balance sheet and cash-flow statement are on this tab.

Is Independence Realty Trust profitable?+

Yes, Independence Realty Trust reported about $62 million in net income over the trailing twelve months, a net profit margin of roughly 9.2%. Net income is the bottom line after all costs, interest and taxes. Compare it to free cash flow on this tab, since reported profit and actual cash generated can diverge.

What are Independence Realty Trust's profit margins?+

Independence Realty Trust runs a gross margin of about 20.1%, an operating margin of about 16.6%, a net margin of about 9.2%. Margins show how much of each sales dollar a company keeps at each stage. Stable or rising margins usually signal pricing power and cost discipline; falling margins are worth investigating. See the multi-year trend on this tab.

How fast is Independence Realty Trust growing?+

Independence Realty Trust's revenue has compounded at roughly 25.4% a year over the past five years. Growth only creates value when it is profitable and cash-generative, so read this rate alongside IRT's margins and free cash flow. This is analysis from SEC filings, not investment advice.

How the market compares: How many US companies are profitable

SourceFinancial statements computed from the 10-Q filed 20 Oct 2026, covering the period ending 30 Sept 2026, as reported to the SEC. Data last refreshed 4 Nov 2026. How this is calculated.

Fiscal year ends Dec.

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Held by ETFs

IRT is in 82 US ETFs. The largest of them, with IRT's weight in each:

Spot a number that looks wrong? Check it in IRT's SEC filings or

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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.

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Intrinsiqq is a Netherlands-based company operating in Rotterdam, KvK 73238007.