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. In the quarter to June 2026, revenue grew 3.12%, EPS fell 51.7%, free cash flow fell 14.4% and total debt rose 8.60%, each against the same quarter a year earlier. Dividend growth for three consecutive years.

14.77 0.07 +0.48%
Market cap
$3.6B
P/E
80.1×
Fwd P/E
120×
Dividend yield
4.74%
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 16 October 2026, Independence Realty Trust, Inc. (IRT) trades at a P/E ratio of 80.1×. Over the past ten years it has ranged from 0.0× (December 2024) to 659× (July 2015); the current reading is higher than 74% of that period. That is above the Reit Residential industry median of 29.4× and above the Real Estate sector median of 21.6×.

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
Jun 2026 90.5× 21.51%
Mar 2026 74.5× 2.22%
Dec 2025 72.8× (57.78%)
Sep 2025 173× 12.16%
42 more quarters

Against its own ten years

Low 0.0× High 659×
Ten-year median 37.5×
Current reading's percentile 70

P/E ratio against peers

Company P/E ratio
SUI Sun Communities, Inc. compare n/m
MRP Millrose Properties, Inc. compare 7.8×
AMH American Homes 4 Rent compare 24.8×
ELS Equity Lifestyle Properties, Inc. compare 29.4×
CPT Camden Property Trust compare 32.7×
MAA Mid-America Apartment Communities, Inc. compare 34.1×
CSR Centerspace compare 43.4×
IRT Independence Realty Trust, Inc. 80.1×
UMH UMH Properties, Inc. compare 127×
Reit Residential industry median 29.4×
Real Estate sector median 21.6×
Market median 18.1×

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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