Independence Realty Trust, Inc. (IRT)
Real Estate · REIT - Residential · NYSE
Independence Realty Trust, Inc. revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $153.39M | $161.22M | $191.23M | $203.22M | $211.91M | $250.25M | $627.41M | $659.84M | $640.03M | $656.48M |
| Gross profit | $148.54M | $155.21M | $184.27M | $195.50M | — | — | — | — | — | — |
| Net income | $-9.55M | $30.21M | $26.29M | $45.90M | $14.77M | $44.59M | $117.25M | $-17.23M | $39.29M | $56.56M |
| Net margin | -6.2% | 18.7% | 13.7% | 22.6% | 7.0% | 17.8% | 18.7% | -2.6% | 6.1% | 8.6% |
Source: Independence Realty Trust, Inc. SEC filings (10-K). 16 years of history available in the interactive view.
Explore 16 years of Independence Realty Trust, Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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About Independence Realty Trust, Inc.
Independence Realty Trust, Inc. a Maryland corporation, is a self-administered and self-managed real estate investment trust (REIT) that acquires, owns, operates, improves and manages multifamily apartment communities across non-gateway U.S. markets. As of December 31, 2025, we owned and operated 114 multifamily apartment properties (including one owned through a consolidated joint venture) that contain an aggregate of 33,462 units in the following Southeastern and Midwestern states: Alabama, Colorado, Florida, Georgia, Indiana, Kentucky, North Carolina, Ohio, Oklahoma, South Carolina, Tennessee, and Texas. In addition, as of December 31, 2025, we owned one investment in real estate under development in Denver, Colorado that will, upon completion, contain 296 units. As of December 31, 2025, we also owned interests in four unconsolidated joint ventures, two of which own and operate multifamily apartment properties that contain an aggregate of 653 units and two that are developing multifamily apartment properties that will, upon completion, contain an aggregate of 642 units. Independence Realty Trust, Inc. was incorporated in 2009 in Maryland and is based in Philadelphia, United States.
Independence Realty Trust, Inc. — frequently asked questions
What is Independence Realty Trust, Inc.'s revenue?
Independence Realty Trust, Inc. (IRT) reported revenue of $656.48M for fiscal year 2025, up 2.6% from the prior year, according to its SEC filings.
Is Independence Realty Trust, Inc. profitable?
Yes. IRT earned net income of $56.56M in fiscal 2025, a net margin of 8.6%.
What is IRT's P/E ratio?
Independence Realty Trust, Inc. trades at a price-to-earnings ratio of about 85.2 based on the latest data in our nightly-refreshed cache.
How fast is Independence Realty Trust, Inc. growing?
IRT's revenue grew at roughly 25.4% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
Where does this data come from?
All figures are computed from Independence Realty Trust, Inc.'s official SEC filings (10-K and 10-Q), covering 16 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.