Independence Realty Trust Statistics
Total Valuation
IRT has a market cap or net worth of $4.62 billion. The enterprise value is $6.83 billion.
Important Dates
The last earnings date was Wednesday, April 30, 2025, after market close.
| Earnings Date | Apr 30, 2025 |
| Ex-Dividend Date | Mar 28, 2025 |
Share Statistics
IRT has 239.33 million shares outstanding. The number of shares has increased by 1.21% in one year.
| Current Share Class | 233.39M |
| Shares Outstanding | 239.33M |
| Shares Change (YoY) | +1.21% |
| Shares Change (QoQ) | +3.06% |
| Owned by Insiders (%) | 0.62% |
| Owned by Institutions (%) | 101.73% |
| Float | 231.88M |
Valuation Ratios
The trailing PE ratio is 148.22 and the forward PE ratio is 81.82. IRT's PEG ratio is 5.33.
| Price/FFO Ratio | 16.14 |
| Price/AFFO Ratio | n/a |
| PE Ratio | 148.22 |
| Forward PE | 81.82 |
| PS Ratio | 6.81 |
| Forward PS | 6.69 |
| PB Ratio | 1.30 |
| P/TBV Ratio | 1.34 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | 16.74 |
| PEG Ratio | 5.33 |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | 227.10 |
| EV / Sales | 10.65 |
| EV / EBITDA | 19.43 |
| EV / EBIT | 54.16 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.42, with a Debt / Equity ratio of 0.63.
| Current Ratio | 0.42 |
| Quick Ratio | 0.30 |
| Debt / Equity | 0.63 |
| Debt / EBITDA | 6.41 |
| Debt / FCF | n/a |
| Interest Coverage | 1.68 |
Financial Efficiency
Return on equity (ROE) is 0.86% and return on invested capital (ROIC) is 1.35%.
| Return on Equity (ROE) | 0.86% |
| Return on Assets (ROA) | 1.32% |
| Return on Invested Capital (ROIC) | 1.35% |
| Return on Capital Employed (ROCE) | 2.17% |
| Revenue Per Employee | $699,378 |
| Profits Per Employee | $32,790 |
| Employee Count | 917 |
| Asset Turnover | 0.11 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | n/a |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +14.60% in the last 52 weeks. The beta is 1.00, so IRT's price volatility has been similar to the market average.
| Beta (5Y) | 1.00 |
| 52-Week Price Change | +14.60% |
| 50-Day Moving Average | 20.00 |
| 200-Day Moving Average | 20.07 |
| Relative Strength Index (RSI) | 47.34 |
| Average Volume (20 Days) | 1,779,832 |
Short Selling Information
The latest short interest is 19.05 million, so 7.96% of the outstanding shares have been sold short.
| Short Interest | 19.05M |
| Short Previous Month | 18.84M |
| Short % of Shares Out | 7.96% |
| Short % of Float | 8.22% |
| Short Ratio (days to cover) | 8.79 |
Income Statement
In the last 12 months, IRT had revenue of $641.33 million and earned $30.07 million in profits. Earnings per share was $0.13.
| Revenue | 641.33M |
| Gross Profit | 376.52M |
| Operating Income | 126.07M |
| Pretax Income | -8.65M |
| Net Income | 30.07M |
| EBITDA | 351.41M |
| EBIT | 126.07M |
| Earnings Per Share (EPS) | $0.13 |
Full Income StatementBalance Sheet
The company has $49.14 million in cash and $2.26 billion in debt, giving a net cash position of -$2.21 billion or -$9.22 per share.
| Cash & Cash Equivalents | 49.14M |
| Total Debt | 2.26B |
| Net Cash | -2.21B |
| Net Cash Per Share | -$9.22 |
| Equity (Book Value) | 3.59B |
| Book Value Per Share | 14.81 |
| Working Capital | -95.60M |
Full Balance SheetCash Flow
| Operating Cash Flow | 276.06M |
| Capital Expenditures | -115.15M |
| Free Cash Flow | n/a |
| FCF Per Share | n/a |
Full Cash Flow StatementMargins
Gross margin is 58.71%, with operating and profit margins of 19.66% and 4.69%.
| Gross Margin | 58.71% |
| Operating Margin | 19.66% |
| Pretax Margin | 4.77% |
| Profit Margin | 4.69% |
| EBITDA Margin | 54.79% |
| EBIT Margin | 19.66% |
| FCF Margin | n/a |