Independence Realty Trust, Inc.
IRTReal EstateNASDAQREIT - Residential · Last scanned May 29, 2026
Scan Results
Daily timeframe2 of 4 indicators bearish as of May 28
Independence Realty Trust, Inc. a Maryland corporation, is a self-administered and self-managed real estate investment trust (REIT) that acquires, owns, operates, improves and manages multifamily apartment communities across. Valued at $3.97B, IRT is a mid-cap name in its sector. As of December 31, 2025, we owned and operated 114 multifamily apartment properties (including one owned through a consolidated joint venture) that contain an aggregate of 33,462 units in the following Southeastern and Midwestern states: Alabama, Colorado, Florida, Georgia, Indiana, Kentucky, North Carolina, Ohio, Oklahoma, South Carolina, Tennessee, and Texas.
Market Cap
$3.97B
Beta
0.99
P/E (TTM)
82.20
P/E (Fwd)
96.71
EPS (TTM)
$0.20
EPS (Fwd)
$0.17
ROE
1.4%
ROA
1.3%
Cash
$34.9M
Total Debt
$2.44B
Free CF
$79.0M
52W Change
-11.6%
Annual Financials
Cash vs Debt
Independence Realty Trust, Inc. carries $2.44B in total debt against $34.9M in cash reserves — debt is roughly 69.8x the cash position. Managing this leverage effectively will be important for long-term financial stability. Annual free cash flow of $79.0M supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. ROE of 1.4% points to modest capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 1.3% is on the lower side, which is common in asset-heavy industries. Revenue has been relatively flat, moving from $628.5M (2022) to $657.7M (2025).
The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. At over 50x earnings, IRT carries valuation risk — any slowdown in growth expectations could lead to meaningful price adjustments. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Independence Realty Trust, Inc.'s trajectory.