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) P/S ratio

Alert me on P/S ratio

As of 5 November 2026, Independence Realty Trust, Inc. (IRT) trades at a P/S ratio of 5.4×. Over the past ten years it has ranged from 2.0× (February 2016) to 18.0× (April 2022); the current reading is higher than 48% of that period. That is in line with the Reit Residential industry median of 5.6× and above the Real Estate sector median of 2.9×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 6.2× (10.78%)
FY2024 7.0× 32.33%
FY2023 5.3× (10.34%)
FY2022 5.9× (47.58%)
FY2021 11.2× 88.75%
FY2020 5.9× (4.59%)
FY2019 6.2× 48.82%
FY2018 4.2× (9.72%)
FY2017 4.6× 51.42%
FY2016 3.1× 23.43%

Quarterly newest first

Period P/S ratio Change
Sep 2026 5.1× (13.58%)
Jun 2026 5.9× 10.75%
Mar 2026 5.3× (14.43%)
Dec 2025 6.2× 5.78%
43 more quarters

Against its own ten years

Low 2.0× High 18.0×
Ten-year median 5.4×
Current reading's percentile 43

P/S ratio against peers

Company P/S ratio
CSR Centerspace compare 3.8×
UMH UMH Properties, Inc. compare 4.6×
IRT Independence Realty Trust, Inc. 5.4×
MRP Millrose Properties, Inc. compare 5.5×
AMH American Homes 4 Rent compare 6.3×
CPT Camden Property Trust compare 6.7×
UDR United Dominion Realty Trust, Inc. compare 6.9×
ELS Equity Lifestyle Properties, Inc. compare 7.7×
JAN Janus Living, Inc. compare 8.2×
Reit Residential industry median 5.6×
Real Estate sector median 2.9×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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