Independence Realty Trust, Inc. (IRT) Stock

About Independence Realty Trust, Inc.

Independence Realty Trust (IRT), publicly traded as NYSE: IRT, operates as a real estate investment trust specializing in owning and managing multifamily apartment communities. Their portfolio is concentrated in non-gateway U.S. markets such as Atlanta, Louisville, Memphis, and Raleigh. The company's strategy involves establishing a strong presence in select, amenity-rich submarkets, which are identified by features like excellent school systems, quality retail establishments, and significant employment hubs. Ultimately, IRT seeks to deliver appealing risk-adjusted returns to its shareholders. This is accomplished through meticulous portfolio oversight, robust operational execution, and a reliable return on capital, generated via both dividend distributions and asset value appreciation.

Independence Realty Trust, Inc. is headquartered in US.

Independence Realty Trust, Inc. (IRT) stock trades at $16.74 with a market capitalization of $3.95B. The stock is valued at a price-to-earnings (P/E) ratio of 82.18, price-to-book of 1.20, price-to-sales of 5.96. Over the past 52 weeks the stock has ranged between $14.60 and $18.18, and currently trades 7.9% below its 52-week high. It pays a dividend yielding 4.30%.

On profitability, Independence Realty Trust, Inc. generates a return on equity (ROE) of 1.40%, return on capital employed of 1.94%, an operating margin of 17.53%, a net profit margin of 7.27%.

Official website: www.irtliving.com

Independence Realty Trust, Inc. by the numbers, 2016–2025

Between 2016 and 2025 Independence Realty Trust, Inc. reported revenue of $153.0M rising to $658.0M, a change of +330.1% across 10 years. Compounded, revenue has grown 25.4% a year over five years, 1.5% over three, 2.8% over the last twelve months. Net profit rose to $57.0M.

Operating margin went from 25.9% in 2016 to 18.4% in 2025, a fall of 7.4 percentage points. The most recent net margin is 7.27%. On a trailing twelve-month basis to Mar '26, revenue is $661.0M and net profit $48.0M.

Borrowings rose from $744.0M to $2.3B, cash on hand is $43.3M, cash from operations was $282.0M in the latest year, positive in 9 of the last 10.

Return on equity has averaged 1.4% over five years, and was 1.6% in the most recent year.

The share price itself has compounded at —% a year over five years, 1.3% over three, -0.3% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

Independence Realty Trust, Inc. (IRT) — frequently asked questions