INDEPENDENCE REALTY TRUST, INC.
IRTNYSE
$16.62
↓ -2.1%Jul 17 close · end-of-day
Price
1Y↑ +0.4%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$3.9B
Enterprise Value
$6.3B
P/E
83.1
P/S
5.9
P/B
1.2
EV/EBITDA
—
PEG
—
FCF Yield
—
Dividend Yield
4.1%
Revenue (TTM)
$661.8M
Net Income (TTM)
$48.1M
Free Cash Flow (TTM)
—
Gross Margin
—
Operating Margin
—
Net Margin
7.3%
ROE
1.4%
ROIC
—
Debt / Equity
0.7
Net Cash
-$2.4B
Return 1Y
+0.4%
Company profile
Independence Realty Trust, Inc. owns and operates multifamily apartment properties across non-gateway U.S. markets. IRT's investment strategy is focused on gaining scale within key amenity rich submarkets that offer good school districts, high-quality retail and major employment centers.
- CEO
- Scott F. Schaeffer
- Sector
- Finance, Insurance, And Real Estate
- Industry
- Trading
- Employees
- 920
- Headquarters
- Pennsylvania
- Website
- irtliving.com
Management & directors
- Delozier Jason RChief Accounting Officer
- Schaeffer ScottChair Board and CEO
- Sebra James JPresident and CFO
Roles derived from SEC Form 4 filings.
Earnings
IRT Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$165.3M↑ +2.5%
Diluted EPS$0.00↓ -100.0%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $211.9M | $250.3M | $628.5M | $661.0M | $640.0M | $657.7M |
| Gross profit | — | — | — | — | — | — |
| Operating income | — | — | — | — | — | — |
| Net income | $14.8M | $44.6M | $117.2M | -$17.2M | $39.3M | $56.6M |
| Diluted EPS | $0.16 | $0.41 | $0.53 | -$0.08 | $0.17 | $0.24 |
| Operating cash flow | $75.0M | $52.3M | $249.5M | $262.2M | $259.8M | $282.1M |
| Free cash flow | $74.9M | $52.1M | — | — | — | — |
| Gross margin | — | — | — | — | — | — |
| Operating margin | — | — | — | — | — | — |
| Net margin | 7.0% | 17.8% | 18.7% | -2.6% | 6.1% | 8.6% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $158.4M | $160.1M | $161.0M | $161.2M | $162.2M | $167.1M | $167.1M | $165.3M |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | — | — | — | — | — | — | — | — |
| Net income | $10.4M | $12.4M | -$1.0M | $8.4M | $8.0M | $6.9M | $33.3M | -$68,000.00 |
| Diluted EPS | $0.05 | $0.05 | $0.00 | $0.04 | $0.03 | $0.03 | $0.14 | $0.00 |
| Operating cash flow | $83.0M | $69.2M | $63.4M | $60.4M | $82.2M | $79.3M | $60.2M | $55.3M |
| Free cash flow | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | — | — | — | — | — | — | — | — |
| Net margin | 6.5% | 7.7% | -0.6% | 5.2% | 5.0% | 4.1% | 19.9% | -0.0% |
Company news
Jul 13, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-07-01 | Gebert Richard D | Sale | 500 | $16.75 | $8,375.00 | filing |
| 2026-06-01 | Gebert Richard D | Sale | 500 | $16.15 | $8,075.00 | filing |
| 2026-05-13 | MCCLURE MELINDA H | Award | 6,197 | $0.00 | $0.00 | filing |
| 2026-05-13 | Soaries DeForest B. Jr. | Award | 6,197 | $0.00 | $0.00 | filing |
| 2026-05-13 | Gebert Richard D | Award | 6,197 | $0.00 | $0.00 | filing |
| 2026-05-13 | Brines Ned | Award | 6,197 | $0.00 | $0.00 | filing |
| 2026-05-13 | del Rio Ana Marie | Award | 6,197 | $0.00 | $0.00 | filing |
| 2026-05-13 | Washington Lisa | Award | 6,197 | $0.00 | $0.00 | filing |
| 2026-05-13 | MACNAB CRAIG | Award | 6,197 | $0.00 | $0.00 | filing |
| 2026-05-01 | Gebert Richard D | Sale | 500 | $16.33 | $8,165.00 | filing |
| 2026-04-17 | Brines Ned | L | 604 | $16.08 | $9,712.32 | filing |
| 2026-04-17 | Brines Ned | L | 16 | $16.08 | $257.28 | filing |
| 2026-04-01 | Gebert Richard D | Sale | 500 | $14.85 | $7,425.00 | filing |
| 2026-03-02 | Gebert Richard D | Sale | 500 | $16.47 | $8,235.00 | filing |
| 2026-03-01 | SCHAEFFER SCOTT· Chair Board and CEO | Tax withholding | 14,864 | $16.57 | $246,296.48 | filing |
| 2026-03-01 | Sebra James J· President and CFO | Tax withholding | 6,283 | $16.57 | $104,109.31 | filing |
| 2026-03-01 | Weisbaum Michele R. | Tax withholding | 1,542 | $16.57 | $25,550.94 | filing |
| 2026-03-01 | Delozier Jason R· Chief Accounting Officer | Tax withholding | 1,393 | $16.57 | $23,082.01 | filing |
| 2026-02-03 | SCHAEFFER SCOTT· Chair Board and CEO | Tax withholding | 28,994 | $16.26 | $471,442.44 | filing |
| 2026-02-03 | Sebra James J· President and CFO | Tax withholding | 12,382 | $16.26 | $201,331.32 | filing |
| 2026-02-03 | Delozier Jason R· Chief Accounting Officer | Tax withholding | 2,765 | $16.26 | $44,958.90 | filing |
| 2026-02-03 | SCHAEFFER SCOTT· Chair Board and CEO | Award | 44,221 | $0.00 | $0.00 | filing |
| 2026-02-03 | Sebra James J· President and CFO | Award | 53,928 | $0.00 | $0.00 | filing |
| 2026-02-03 | Sebra James J· President and CFO | Award | 16,214 | $0.00 | $0.00 | filing |
| 2026-02-03 | Delozier Jason R· Chief Accounting Officer | Award | 11,168 | $0.00 | $0.00 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.