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
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Independence Realty Trust, Inc. (IRT) Gross margin
Independence Realty Trust, Inc.'s gross margin over the twelve months to 30 September 2026 was 58.7%, down 0.4 percentage points from fiscal 2025 (59.1%). Over the past ten years it has ranged from 54.4% (fiscal 2015) to 59.2% (fiscal 2022); the current reading is higher than 91% of that period. That is in line with the Reit Residential industry median of 58.7% and below the Real Estate sector median of 62.8%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 59.1% | 0.54 |
| FY2024 | 58.5% | (0.42) |
| FY2023 | 58.9% | (0.28) |
| FY2022 | 59.2% | 0.29 |
| FY2021 | 58.9% | 2.10 |
| FY2020 | 56.8% | (0.22) |
| FY2019 | 57.1% | 0.62 |
| FY2018 | 56.4% | 0.30 |
| FY2017 | 56.1% | 0.46 |
| FY2016 | 55.7% | 1.26 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 58.2% | 0.80 |
| Jun 2026 | 57.4% | (0.08) |
| Mar 2026 | 57.4% | (4.30) |
| Dec 2025 | 61.7% | 3.38 |
| 43 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| CSR Centerspace compare | 86.2% |
| MRP Millrose Properties, Inc. compare | 85.3% |
| CPT Camden Property Trust compare | 64.0% |
| UDR United Dominion Realty Trust, Inc. compare | 62.5% |
| IRT Independence Realty Trust, Inc. | 58.7% |
| UMH UMH Properties, Inc. compare | 54.8% |
| ELS Equity Lifestyle Properties, Inc. compare | 53.7% |
| JAN Janus Living, Inc. compare | 27.6% |
| AMH American Homes 4 Rent compare | 0.00% |
| Reit Residential industry median | 58.7% |
| Real Estate sector median | 62.8% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
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- Current ratio
- Total debt
- Shares outstanding
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