IRT
Independence Realty Trust, Inc.
NYSE · USReal EstateREIT - Residential
$16.50-0.72%
Price as of Jul 20, 2026
IRT financials
Independence Realty Trust, Inc. financial statements
Annual and quarterly income statement, balance sheet and cash-flow history. On small screens, start with four periods and expand the table when needed.
| Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | $657.7M | $640.0M | $661.0M | $628.5M |
| Cost of revenue | $755.7M | $265.5M | $271.4M | $256.3M |
| Gross profit | -$98.0M | $374.5M | $389.6M | $372.2M |
| Operating expenses | -$219.3M | $245.1M | $241.7M | $279.1M |
| Operating income | $121.2M | $129.4M | $147.8M | $93.1M |
| Net income | $56.6M | $39.3M | -$17.2M | $117.2M |
| EBITDA | $379.9M | $337.0M | $291.1M | $460.5M |
| Basic EPS | $0.24 | $0.17 | $-0.08 | $0.15 |
| Diluted EPS | $0.24 | $0.17 | $-0.08 | $0.15 |
| Balance sheet | ||||
| Cash & equivalents | $47.6M | $21.2M | $22.9M | $16.1M |
| Total assets | $6.0B | $6.1B | $6.3B | $6.5B |
| Total liabilities | $2.4B | $2.5B | $2.7B | $2.8B |
| Stockholders’ equity | $3.5B | $3.4B | $3.4B | $3.6B |
| Total debt | $2.3B | $2.3B | $2.5B | $2.6B |
| Net debt | $2.2B | $2.3B | $2.5B | $2.6B |
| Cash flow | ||||
| Operating cash flow | $282.1M | $259.8M | $262.2M | $249.5M |
| Capital expenditure | -$135.6M | -$175.1M | -$146.6M | -$145.7M |
| Free cash flow | $146.5M | $84.7M | $115.5M | $103.8M |
| Dividends paid | -$154.4M | -$144.0M | -$134.9M | -$105.8M |
| Share repurchases | -$30.0M | -$2.6M | -$5.2M | -$6.0M |