IRT - Independence Realty Trust, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$19.58
DETAILS
HIGH:
$22.00
LOW:
$18.00
MEDIAN:
$19.00
CONSENSUS:
$19.58
UPSIDE:
16.13%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||
| Revenue | 657.7 | 640.0 | 661.0 | 628.5 | 250.3 | 211.9 | 203.2 | 191.2 | 161.2 | 153.4 | 109.6 | 49.2 | 19.9 | 16.6 | 8.7 | 0.0 |
| Cost of Revenue | 755.7 | 265.5 | 271.4 | 256.3 | 102.8 | 91.5 | 87.3 | 83.3 | 70.7 | 68.0 | 50.0 | 23.4 | 9.4 | 8.1 | 4.5 | 0 |
| Gross Profit | (98.0) | 374.5 | 389.6 | 372.2 | 147.5 | 120.4 | 115.9 | 107.9 | 90.5 | 85.4 | 59.6 | 25.8 | 10.5 | 8.6 | 4.2 | 0.0 |
| Operating Expenses | ||||||||||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 0 | 24.2 | 22.8 | 26.3 | 18.6 | 15.1 | 12.7 | 10.8 | 9.5 | 10.9 | 7.8 | 2.9 | 0.9 | 1.2 | 0.6 | 0.0 |
| Other Expenses | (219.3) | 220.9 | 219.0 | 252.8 | 76.9 | 105.3 | 0 | 0.1 | 0.1 | (45.0) | 28.1 | 12.5 | 4.4 | 3.5 | 1.8 | 0 |
| Operating Expenses | (219.3) | 245.1 | 241.7 | 279.1 | 95.5 | 120.4 | 12.7 | 56.0 | 43.7 | 45.7 | 35.9 | 15.4 | 5.3 | 4.7 | 2.3 | 0.0 |
| Operating Income | ||||||||||||||||
| Operating Income | 121.2 | 129.4 | 147.8 | 93.1 | 51.9 | 0 | 103.2 | 51.8 | 45.4 | 39.7 | 10.2 | 8.5 | 4.9 | 3.7 | 1.4 | 0.0 |
| Interest Expense | 79.0 | 76.1 | 89.9 | 87.0 | 36.4 | 36.5 | 39.2 | 36.0 | 28.7 | 35.5 | 23.6 | 8.5 | 3.7 | 3.3 | 1.7 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.0 | 0 | 0 | 0 | 0.0 |
| Profitability | ||||||||||||||||
| EBITDA | 379.9 | 350.3 | 291.1 | 460.5 | 158.8 | 112.1 | 103.2 | 97.0 | 79.6 | 74.5 | 38.3 | 21.1 | 9.6 | 7.2 | 3.1 | 0.0 |
| EBIT | 136.7 | 129.8 | 72.1 | 207.6 | 81.9 | 51.4 | 50.4 | 62.6 | 60.1 | 26.0 | 53.7 | 11.4 | 4.9 | 3.7 | 1.4 | 0.0 |
| Income Before Tax | 57.7 | 40.0 | (17.8) | 120.7 | 45.5 | 14.9 | 46.4 | 26.6 | 31.4 | (9.6) | 30.2 | 2.9 | 1.3 | 0.4 | (0.4) | 0.0 |
| Income Tax Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.0 | 0 | 0 | 0 | 0.0 |
| Net Income | 56.6 | 39.3 | (17.2) | 117.2 | 44.6 | 14.8 | 45.9 | 26.3 | 30.2 | (9.8) | 28.2 | 2.9 | 0.6 | (0.1) | (0.1) | 0.0 |
| Per Share Data | ||||||||||||||||
| EPS (Basic) | 0.24 | 0.17 | -0.08 | 0.15 | 0.08 | -0.23 | 0.07 | 0.30 | 0.41 | -0.19 | 0.78 | 0.14 | 0.12 | -0.01 | -0.01 | 0.00 |
| EPS (Diluted) | 0.24 | 0.17 | -0.08 | 0.15 | 0.07 | -0.23 | 0.07 | 0.30 | 0.41 | -0.19 | 0.78 | 0.14 | 0.12 | -0.01 | -0.01 | 0.00 |
| Shares Outstanding | 233.9 | 224.8 | 224.4 | 222.0 | 108.6 | 93.7 | 89.8 | 87.1 | 73.3 | 51.6 | 36.2 | 21.3 | 5.3 | 9.6 | 9.6 | 9.6 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||||
| Cash & Cash Equivalents | 47.6 | 21.2 | 22.9 | 16.1 | 36.0 | 8.8 | 9.9 | 9.3 | 10.0 | 20.9 | 0.2 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.8 | 7.6 | 5.2 | 0 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (7.3) | (3.9) | 0 |
| Other Current Assets | 0 | 132.3 | 324.2 | 63.7 | 91.3 | 4.9 | 4.5 | 84.0 | 4.6 | 66.3 | 0 |
| Total Current Assets | 47.6 | 153.6 | 347.1 | 79.8 | 127.2 | 13.6 | 14.4 | 102.1 | 22.2 | 92.4 | 0.2 |
| Non-Current Assets | |||||||||||
| Property, Plant & Equipment | 0 | 0 | 0 | 0 | 2.9 | 1,710.8 | 0 | 1,548.2 | 1,420.1 | 1,197.8 | 0 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 3.0 | 3.6 | 0 | 0 | 53.3 | 0.8 | 0 | 0.7 | 1.1 | 0.1 | 0 |
| Long-Term Investments | 5,788.9 | 92.0 | 89.0 | 80.2 | 25.0 | 0 | 0 | (3,207.5) | (2,870.7) | (2,492.1) | 0 |
| Other Non-Current Assets | 182.3 | 5,808.7 | 5,844.0 | 6,371.7 | 6,301.2 | 9.7 | 1,649.3 | 1,556.5 | 1,427.3 | 1,201.7 | 0 |
| Total Non-Current Assets | 5,974.1 | 5,904.4 | 5,933.1 | 6,452.3 | 6,379.5 | 1,721.3 | 1,649.7 | 1,557.2 | 1,428.4 | 1,201.8 | 0 |
| Total Assets | 6,021.8 | 6,057.9 | 6,280.2 | 6,532.1 | 6,506.7 | 1,734.9 | 1,664.1 | 1,659.3 | 1,450.6 | 1,294.2 | 0.2 |
| Current Liabilities | |||||||||||
| Account Payables | 92.4 | 94.7 | 109.1 | 109.7 | 106.3 | 25.4 | 25.4 | 22.8 | 17.2 | 14.0 | 0 |
| Short-Term Debt | 787.5 | 794.7 | 839.5 | 824.8 | 9.0 | 0.7 | 184.0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (402.4) | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 919.9 | 12.3 | 0 | 170.1 | 5.2 | 4.3 | 0 |
| Total Current Liabilities | 929.5 | 935.8 | 993.3 | 974.4 | 1,042.4 | 40.3 | 228.1 | 39.7 | 22.7 | 18.8 | 0.0 |
| Non-Current Liabilities | |||||||||||
| Long-Term Debt | 1,494.0 | 1,539.0 | 1,709.9 | 1,806.8 | 2,696.3 | 974.8 | 801.6 | 980.5 | 775.2 | 741.0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (1,029.3) | (804.5) | (765.5) | 0 |
| Other Non-Current Liabilities | 8.8 | 8.0 | 9.7 | 13.0 | (874.1) | 3.9 | 14.7 | 9.1 | 6.6 | 5.7 | 0 |
| Total Non-Current Liabilities | 1,502.8 | 1,547.0 | 1,719.7 | 1,819.8 | 1,822.2 | 981.8 | 816.3 | 989.6 | 781.8 | 746.7 | 0 |
| Total Liabilities | 2,432.3 | 2,482.8 | 2,713.0 | 2,794.2 | 2,864.6 | 1,022.1 | 1,044.3 | 1,029.3 | 804.5 | 765.5 | 0.0 |
| Stockholders' Equity | |||||||||||
| Common Stock | 2.4 | 2.3 | 2.2 | 2.2 | 2.2 | 1.0 | 0.9 | 0.9 | 0.8 | 0.7 | 0.0 |
| Retained Earnings | (555.3) | (454.1) | (348.4) | (191.7) | (188.4) | (178.8) | (141.5) | (122.3) | (85.2) | (62.2) | 0.0 |
| Accumulated Other Comprehensive Income | 7.7 | 26.1 | 25.5 | 35.1 | (11.9) | (33.8) | (12.1) | 2.0 | 4.6 | 3.7 | 0 |
| Total Stockholders' Equity | 3,459.9 | 3,442.3 | 3,431.3 | 3,596.7 | 3,480.8 | 708.1 | 613.3 | 623.0 | 624.1 | 506.8 | 0.2 |
| Total Liabilities & Equity | 6,021.8 | 6,057.9 | 6,280.2 | 6,532.1 | 6,506.7 | 1,734.9 | 1,664.1 | 1,659.3 | 1,450.6 | 1,294.2 | 0.2 |
| Debt Metrics | |||||||||||
| Total Debt | 2,281.5 | 2,333.7 | 2,549.4 | 2,631.6 | 2,705.3 | 978.5 | 985.6 | 985.5 | 778.4 | 743.8 | 0 |
| Net Debt | 2,233.9 | 2,312.5 | 2,526.6 | 2,615.6 | 2,669.4 | 969.8 | 975.7 | 976.2 | 768.5 | 722.9 | (0.2) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | 56.6 | 40.0 | (17.2) | 120.7 | 45.5 | 14.9 | 46.4 | 26.6 | 31.4 | (9.6) |
| Depreciation & Amortization | 243.2 | 220.9 | 219.0 | 252.8 | 76.9 | 60.7 | 52.8 | 45.2 | 34.2 | 34.8 |
| Stock-Based Compensation | 7.9 | 7.1 | 7.7 | 7.9 | 7.2 | 5.6 | 3.1 | 2.5 | 2.0 | 1.2 |
| Change in Working Capital | (6.8) | (15.6) | (13.8) | (6.4) | (2.8) | (2.0) | 5.8 | 3.4 | (0.1) | (5.5) |
| Other Non-Cash Items | (18.7) | 7.3 | 66.5 | (125.5) | (74.6) | (4.2) | 1.4 | 1.4 | 1.5 | 2.0 |
| Operating Cash Flow | 282.1 | 259.8 | 262.2 | 249.5 | 52.3 | 75.0 | 75.0 | 68.5 | 54.3 | (7.5) |
| Investing Activities | ||||||||||
| Capital Expenditure | (135.6) | (175.1) | (146.6) | (145.7) | (43.0) | (37.4) | (45.6) | (40.4) | (14.4) | (10.7) |
| Acquisitions | 0 | (2.6) | 2.1 | (57.4) | (211.1) | 0 | 60.8 | 0 | 0 | 0 |
| Purchases of Investments | 0 | 0 | 0 | 0 | 0 | 0 | (128.9) | (215.8) | (220.3) | (0.1) |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 68.1 | 26.8 | 45.4 | 39.7 |
| Other Investing Activities | (7.3) | 157.0 | 142.8 | 67.4 | 38.0 | (87.1) | (60.8) | (189.0) | (176.5) | 38.4 |
| Investing Cash Flow | (142.9) | (20.6) | (1.7) | (135.8) | (216.1) | (124.5) | (106.4) | (229.5) | (190.8) | 27.8 |
| Financing Activities | ||||||||||
| Net Debt Issuance | (105.7) | (204.8) | (109.9) | (64.4) | (20.7) | (41.3) | 76.3 | 198.5 | 51.4 | (180.6) |
| Stock Repurchased | (30) | (2.6) | (5.2) | (6.0) | (2.9) | (1.5) | (0.6) | (0.4) | (0.6) | (62.2) |
| Dividends Paid | (154.4) | (144.0) | (134.9) | (105.8) | (49.8) | (56.1) | (64.7) | (52.5) | (52.3) | (36.6) |
| Other Financing Activities | (7.4) | (6.3) | (3.8) | (7.9) | (27.7) | (0.5) | (2.1) | (5.3) | 127.1 | (3.6) |
| Financing Cash Flow | (135.1) | (246.4) | (253.7) | (135.4) | 215.9 | 48.8 | 29.8 | 162.4 | 125.6 | (37.7) |
| Cash Position | ||||||||||
| Net Change in Cash | 4.2 | (7.3) | 6.7 | (21.7) | 52.1 | (0.8) | (1.6) | 1.4 | (10.9) | (17.4) |
| Cash at Beginning | 43.5 | 50.7 | 44.0 | 65.7 | 13.6 | 14.4 | 16.0 | 14.6 | 20.9 | 38.3 |
| Cash at End | 47.6 | 43.5 | 50.7 | 44.0 | 65.7 | 13.6 | 14.4 | 16.0 | 10.0 | 20.9 |
| Free Cash Flow | 146.5 | 84.7 | 115.5 | 103.8 | 9.3 | 37.6 | 29.4 | 28.1 | 40.0 | (18.2) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||||
| Revenue | 657.7 | 640.0 | 661.0 | 628.5 | 250.3 | 211.9 | 203.2 | 191.2 | 161.2 | 153.4 | 109.6 | 49.2 | 19.9 | 16.6 | 8.7 | 0.0 |
| Gross Profit | (98.0) | 374.5 | 389.6 | 372.2 | 147.5 | 120.4 | 115.9 | 107.9 | 90.5 | 85.4 | 59.6 | 25.8 | 10.5 | 8.6 | 4.2 | 0.0 |
| Operating Income | 121.2 | 129.4 | 147.8 | 93.1 | 51.9 | 0 | 103.2 | 51.8 | 45.4 | 39.7 | 10.2 | 8.5 | 4.9 | 3.7 | 1.4 | 0.0 |
| Net Income | 56.6 | 39.3 | (17.2) | 117.2 | 44.6 | 14.8 | 45.9 | 26.3 | 30.2 | (9.8) | 28.2 | 2.9 | 0.6 | (0.1) | (0.1) | 0.0 |
| EPS (Diluted) | 0.24 | 0.17 | -0.08 | 0.15 | 0.07 | -0.23 | 0.07 | 0.30 | 0.41 | -0.19 | 0.78 | 0.14 | 0.12 | -0.01 | -0.01 | 0.00 |
| Balance Sheet | ||||||||||||||||
| Cash & Equivalents | 47.6 | 21.2 | 22.9 | 16.1 | 36.0 | 8.8 | 9.9 | 9.3 | 10.0 | 20.9 | 0.2 | |||||
| Total Assets | 6,021.8 | 6,057.9 | 6,280.2 | 6,532.1 | 6,506.7 | 1,734.9 | 1,664.1 | 1,659.3 | 1,450.6 | 1,294.2 | 0.2 | |||||
| Total Debt | 2,281.5 | 2,333.7 | 2,549.4 | 2,631.6 | 2,705.3 | 978.5 | 985.6 | 985.5 | 778.4 | 743.8 | 0 | |||||
| Stockholders' Equity | 3,459.9 | 3,442.3 | 3,431.3 | 3,596.7 | 3,480.8 | 708.1 | 613.3 | 623.0 | 624.1 | 506.8 | 0.2 | |||||
| Cash Flow | ||||||||||||||||
| Operating Cash Flow | 282.1 | 259.8 | 262.2 | 249.5 | 52.3 | 75.0 | 75.0 | 68.5 | 54.3 | (7.5) | ||||||
| Capital Expenditure | (135.6) | (175.1) | (146.6) | (145.7) | (43.0) | (37.4) | (45.6) | (40.4) | (14.4) | (10.7) | ||||||
| Free Cash Flow | 146.5 | 84.7 | 115.5 | 103.8 | 9.3 | 37.6 | 29.4 | 28.1 | 40.0 | (18.2) | ||||||