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

15.14 0.18 −1.17%
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) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, Independence Realty Trust, Inc. (IRT) trades at a price to free cash flow of 17.8×. Over the past ten years it has ranged from 0.0× (December 2025) to 232× (April 2025); the current reading is higher than 68% of that period. That is below the Reit Residential industry median of 20.3× and above the Real Estate sector median of 12.3×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 30.6× 62.79%
FY2024 18.8× 51.43%
FY2023 12.4× (47.63%)
FY2022 23.7× (60.01%)
FY2021 59.3× —
FY2020 0.0× —
FY2019 0.0× —
FY2018 0.0× —
FY2017 0.0× —
FY2016 22.9× (78.40%)

Quarterly newest first

Period Price to free cash flow Change
Sep 2026 16.9× (80.55%)
Jun 2026 87.1× 27.58%
Mar 2026 68.3× 122.95%
Dec 2025 30.6× —
43 more quarters

Against its own ten years

Low 0.0× High 232×
Ten-year median 0.0×
Current reading's percentile 68

Price to free cash flow against peers

Company Price to free cash flow
UMH UMH Properties, Inc. compare n/m
MRP Millrose Properties, Inc. compare n/m
CSR Centerspace compare 2.2×
AMH American Homes 4 Rent compare 7.8×
IRT Independence Realty Trust, Inc. 17.8×
ELS Equity Lifestyle Properties, Inc. compare 32.7×
JAN Janus Living, Inc. compare 35.4×
CPT Camden Property Trust compare 60.6×
UDR United Dominion Realty Trust, Inc. compare 178×
Reit Residential industry median 20.3×
Real Estate sector median 12.3×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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