Independence Realty Trust, Inc.

IRT Real Estate Reit Residential

Independence Realty Trust, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $657.7 million, up 2.76% from fiscal 2024.

Revenue
+2.97%
EPS
+264.0%
Free cash flow
+235.8%
Total debt
+4.58%

Quarter to September 2026, against a year earlier

15.00 0.32 −2.09%
Market cap
$3.7B
P/E
57.9×
Fwd P/E
92.2×
Dividend yield
4.58%
F-score
7/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Independence Realty Trust, Inc. (IRT) EV/Sales

Alert me on EV/Sales

As of 5 November 2026, Independence Realty Trust, Inc. (IRT) trades at a EV/Sales of 8.8×. Over the past ten years it has ranged from 7.6× (March 2017) to 32.9× (March 2022); the current reading is higher than 11% of that period. That is above the Reit Residential industry median of 8.1× and above the Real Estate sector median of 7.5×.

EV/Sales, daily

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Annual newest first

Period EV/Sales Change
FY2025 9.6× (8.16%)
FY2024 10.4× 16.74%
FY2023 8.9× (9.79%)
FY2022 9.9× (69.57%)
FY2021 32.5× 119.39%
FY2020 14.8× 34.04%
FY2019 11.0× 19.35%
FY2018 9.3× (1.27%)
FY2017 9.4× 21.11%
FY2016 7.7× (29.03%)

Quarterly newest first

Period EV/Sales Change
Sep 2026 8.6× (9.46%)
Jun 2026 9.5× 6.16%
Mar 2026 8.9× (6.63%)
Dec 2025 9.6× 3.07%
43 more quarters

Against its own ten years

Low 7.6× High 32.9×
Ten-year median 10.0×
Current reading's percentile 12

EV/Sales against peers

Company EV/Sales
CSR Centerspace compare 6.5×
UMH UMH Properties, Inc. compare 7.3×
JAN Janus Living, Inc. compare 7.7×
ELS Equity Lifestyle Properties, Inc. compare 8.1×
IRT Independence Realty Trust, Inc. 8.8×
AMH American Homes 4 Rent compare 8.9×
CPT Camden Property Trust compare 9.8×
UDR United Dominion Realty Trust, Inc. compare 9.9×
MRP Millrose Properties, Inc. compare 10.7×
Reit Residential industry median 8.1×
Real Estate sector median 7.5×
Market median 2.1×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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