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

15.06 0.26 −1.70%
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) Net margin

Alert me on Net margin

Independence Realty Trust, Inc.'s net margin over the twelve months to 30 September 2026 was 9.19%, up 0.6 percentage points from fiscal 2025 (8.60%). Over the past ten years it has ranged from −6.39% (fiscal 2016) to 25.8% (fiscal 2015); the current reading is higher than 45% of that period. That is below the Reit Residential industry median of 17.9% and above the Real Estate sector median of 4.66%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 8.60% 2.46
FY2024 6.14% 8.75
FY2023 −2.61% (21.26)
FY2022 18.7% 0.83
FY2021 17.8% 10.85
FY2020 6.97% (15.61)
FY2019 22.6% 8.83
FY2018 13.8% (4.99)
FY2017 18.7% 25.13
FY2016 −6.39% (32.16)

Quarterly newest first

Period Net margin Change (points)
Sep 2026 14.6% 12.58
Jun 2026 2.03% 2.07
Mar 2026 −0.04% (19.94)
Dec 2025 19.9% 15.78
43 more quarters

Against its own ten years

Low −6.39% High 25.8%
Ten-year median 13.8%
Current reading's percentile 51

Net margin against peers

Company Net margin
MRP Millrose Properties, Inc. compare 63.2%
UDR United Dominion Realty Trust, Inc. compare 40.5%
CSR Centerspace compare 35.4%
ELS Equity Lifestyle Properties, Inc. compare 24.8%
AMH American Homes 4 Rent compare 23.6%
CPT Camden Property Trust compare 20.8%
IRT Independence Realty Trust, Inc. 9.19%
UMH UMH Properties, Inc. compare 1.56%
JAN Janus Living, Inc. compare 0.89%
Reit Residential industry median 17.9%
Real Estate sector median 4.66%
Market median 1.06%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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