IRT
$14.77+0.48%
Independence Realty Trust Inc.Stock · Real EstateUS REITs 0.2%Russell 2000 0.1%US Stock Market 0.005%Russell 3000 0.005%
IRT financial statements
The full income statement, balance sheet, and cash-flow statement for Independence Realty Trust Inc. (IRT), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 225.1M2024-09 225.1M2024-12 230.9M2025-03 233.8M2025-06 233.8M2025-09 239.1M2025-12 237.3M2026-03 235.7M2026-06 235.7M+4.7% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 658M+2.8% | 640M-3.2% | 661M+5.2% | 629M+151.2% | 250M+18.1% | ||
| Lease income | 656M+2.7% | 639M-3.2% | 660M | — | — | |
| Selling, general & administrative | 24.0M-1.2% | 24.2M+6.5% | 22.8M-13.3% | 26.3M+41.1% | 18.6M+23.3% | |
| General & administrative | 24.0M-1.2% | 24.2M+6.5% | 22.8M-13.3% | 26.3M+41.1% | 18.6M+23.3% | |
| Restructuring | 0.00 | 0.00-100.0% | 3.21M | — | — | |
| Amortization of intangibles | 8.73M+536.3% | 1.37M+87.7% | 731K-98.6% | 54.0M+953.8% | 5.13M+712.2% | |
| Provision for credit losses | — | — | — | — | 2.86M+55.4% | |
| Interest expense | 79.0M+3.8% | 76.1M-15.3% | 89.9M+3.4% | 87.0M+138.9% | 36.4M-0.2% | |
| Other non-operating income | -352K-35100.0% | -1.00K+99.8% | -427K-127.4% | 1.56M | 0.00 | |
| Equity-method income | 11.1M+3089.0% | 347K+107.7% | -4.49M-106.9% | -2.17M | 0.00 | |
| Income tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 56.6M+43.9% | 39.3M+328.1% | -17.2M-114.7% | 117M+163.0% | 44.6M+201.9% | ||
| Net income to non-controlling interest | 1.15M+54.9% | 742K+227.9% | -580K-117.0% | 3.41M+262.8% | 940K+762.4% | |
| $0.24+41.2% | $0.17+312.5% | -$0.08-115.1% | $0.53+29.3% | $0.41+156.2% | ||
| EPS (basic) | $0.24+41.2% | $0.17+312.5% | -$0.08-115.1% | $0.53+29.3% | $0.41+156.2% | |
| Weighted-avg shares (basic) | 234M+4.1% | 225M+0.2% | 224M+1.1% | 222M+104.5% | 109M+15.9% | |
| Weighted-avg shares (diluted) | 235M+4.1% | 226M+0.5% | 224M+0.6% | 223M+103.1% | 110M+16.0% | |
| Dividends per share | $0.67+4.7% | $0.64+3.2% | $0.62+14.8% | $0.54+12.5% | $0.48-11.1% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Cash & equivalents | 23.6M+11.0% | 21.2M-7.1% | 22.9M+42.1% | 16.1M-55.3% | 36.0M+311.1% | |
| 6.02B-0.6% | 6.06B-3.5% | 6.28B-3.9% | 6.53B+0.4% | 6.51B+275.0% | ||
| Operating lease right-of-use | 2.77M+47.6% | 1.88M-22.1% | 2.41M-21.8% | 3.08M | — | |
| Intangible assets | 2.97M-18.5% | 3.64M+5421.2% | 66.0K-83.5% | 399K-99.3% | 53.3M+6625.9% | |
| 2.43B-2.0% | 2.48B-8.5% | 2.71B-2.9% | 2.79B-2.5% | 2.86B+180.3% | ||
| Long-term debt | 2.28B-2.2% | 2.33B-8.5% | 2.55B-3.1% | 2.63B-2.7% | 2.71B+186.1% | |
| Operating lease liability (total) | 3.08M+45.2% | 2.12M-21.4% | 2.70M-20.6% | 3.40M | — | |
| 3.46B+0.5% | 3.44B+0.3% | 3.43B-4.6% | 3.60B+3.3% | 3.48B+391.6% | ||
| Preferred stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock | 2.37M+2.8% | 2.31M+2.7% | 2.25M+0.3% | 2.24M+1.5% | 2.21M+116.9% | |
| Additional paid-in capital | 4.01B+3.5% | 3.87B+3.1% | 3.75B+0.0% | 3.75B+2.0% | 3.68B+300.0% | |
| Retained earnings | -555M-22.3% | -454M-30.3% | -348M-81.7% | -192M-1.8% | -188M-5.4% | |
| Accumulated other comprehensive income | 7.72M-70.4% | 26.1M+2.2% | 25.5M-27.3% | 35.1M+394.0% | -11.9M+64.7% | |
| Non-controlling interest | 129M-2.5% | 133M-2.3% | 136M-3.8% | 141M-12.5% | 161M+3324.2% | |
| Total equity incl. non-controlling | 3.59B+0.4% | 3.58B+0.2% | 3.57B-4.6% | 3.74B+2.6% | 3.64B+411.0% | |
| Total liabilities & equity | 6.02B-0.6% | 6.06B-3.5% | 6.28B-3.9% | 6.53B+0.4% | 6.51B+275.0% | |
| Common shares issued | 237M+2.8% | 231M+2.7% | 225M+0.3% | 224M+1.5% | 221M+116.8% | |
| Common shares outstanding | 237M+2.8% | 231M+2.7% | 225M+0.3% | 224M+1.5% | 221M+116.8% | |
| Shares outstanding (cover) | 237M+2.8% | 231M+2.7% | 225M+0.2% | 224M+1.5% | 221M+116.9% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 282M+8.6% | 260M-0.9% | 262M+5.1% | 250M+377.5% | 52.3M-30.3% | ||
| Depreciation & amortization | 243M+10.1% | 221M+0.9% | 219M-13.4% | 253M+228.8% | 76.9M+26.7% | |
| Intangible amortization | 8.73M+536.3% | 1.37M+87.7% | 731K-98.6% | 54.0M+953.8% | 5.13M+712.2% | |
| Share-based compensation | 7.88M+11.4% | 7.08M-7.6% | 7.66M-3.0% | 7.89M+9.2% | 7.23M+29.9% | |
| -143M-593.6% | -20.6M-1103.6% | -1.71M+98.7% | -136M+37.2% | -216M-73.5% | ||
| Capital expenditure | 153M-36.0% | 239M | 0.00-100.0% | 202M+113898.3% | 177K+110.7% | |
| Free cash flow | 129M+510.6% | 21.2M-91.9% | 262M+448.9% | 47.8M-8.3% | 52.1M-30.4% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00-100.0% | 186M | |
| -135M+45.2% | -246M+2.9% | -254M-87.4% | -135M-162.7% | 216M+342.8% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00-100.0% | 111M | 0.00-100.0% | 48.7M-84.7% | 317M+113.9% | |
| Common stock repurchased | 30.0M | 0.00 | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 154M+7.2% | 144M+6.8% | 135M+27.4% | 106M+112.4% | 49.8M-11.2% | |
| Net change in cash | 4.17M+157.3% | -7.28M-208.4% | 6.71M+131.0% | -21.7M-141.6% | 52.1M+6463.8% | |
| Interest paid | 82.6M+2.5% | 80.6M-16.0% | 96.0M-0.4% | 96.4M+229.8% | 29.2M-14.3% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 4.15B-9.5% | 4.58B+33.3% | 3.44B-9.0% | 3.78B-33.8% | 5.71B+317.2% | |
| P/E | 73.3×-37.1% | 116.6×+93.0% | 60.4×+79.4% | 33.7×-73.7% | 128.0×+38.2% | |
| P/S | 6.3×-11.9% | 7.2×+36.7% | 5.2×-24.8% | 7.0×-69.5% | 22.8×+253.3% | |
| P/B | 1.2×-9.9% | 1.3×+36.6% | 1.0×-7.3% | 1.1×-35.9% | 1.6×-15.1% | |
| P/FCF | 32.1×-85.2% | 216.2×+1542.9% | 13.2×-81.9% | 72.5×-33.8% | 109.6×+499.9% | |
| Earnings yield | 1.4%+59.0% | 0.86%-48.2% | 1.7%-44.3% | 3.0%+280.3% | 0.78%-27.6% | |
| FCF yield | 3.1%+574.4% | 0.46%-93.9% | 7.6%+451.3% | 1.4%+51.1% | 0.91%-83.3% | |
| Dividend yield | 3.8%+18.8% | 3.2%-20.4% | 4.1%+26.5% | 3.2%+72.4% | 1.9%-53.8% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: IRT’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all IRT filings on SEC EDGAR → Not investment advice.