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

14.95 0.37 −2.42%
Market cap
$3.7B
P/E
56.7×
Fwd P/E
92.2×
Dividend yield
4.68%
F-score
7/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Independence Realty Trust, Inc. (IRT) P/E ratio

Alert me on P/E ratio

As of 6 November 2026, Independence Realty Trust, Inc. (IRT) trades at a P/E ratio of 56.7×. Over the past ten years it has ranged from 0.0× (December 2024) to 659× (July 2015); the current reading is higher than 64% of that period. That is above the Reit Residential industry median of 26.0× and above the Real Estate sector median of 23.7×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 72.8× (35.76%)
FY2024 113× —
FY2023 0.0× —
FY2022 31.4× (53.84%)
FY2021 68.0× (21.09%)
FY2020 86.1× 205.91%
FY2019 28.2× (11.04%)
FY2018 31.7× 32.50%
FY2017 23.9× (89.37%)
FY2016 225× 2,211.55%

Quarterly newest first

Period P/E ratio Change
Sep 2026 55.1× (39.09%)
Jun 2026 90.5× 21.51%
Mar 2026 74.5× 2.22%
Dec 2025 72.8× (57.78%)
43 more quarters

Against its own ten years

Low 0.0× High 659×
Ten-year median 37.6×
Current reading's percentile 57

P/E ratio against peers

Company P/E ratio
JAN Janus Living, Inc. compare n/m
MRP Millrose Properties, Inc. compare 8.6×
CSR Centerspace compare 8.7×
CPT Camden Property Trust compare 9.2×
UDR United Dominion Realty Trust, Inc. compare 16.8×
AMH American Homes 4 Rent compare 26.0×
ELS Equity Lifestyle Properties, Inc. compare 31.0×
IRT Independence Realty Trust, Inc. 56.7×
UMH UMH Properties, Inc. compare 140×
Reit Residential industry median 26.0×
Real Estate sector median 23.7×
Market median 17.8×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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