Independence Realty Inc (IRT) financials
Independence Realty revenue and earnings by year
Independence Realty's revenue was $658 million in the fiscal year to December 31, 2025, up 2.8% from the year before. Net income was $56.6 million, 8.6% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 17.6% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 658 | 640 | 661 | 629 | 250 | 212 | 203 | 191 | 161 | 153 |
| Revenue growth | 2.8% | -3.2% | 5.2% | 151.2% | 18.1% | 4.3% | 6.3% | 18.6% | 5.1% | — |
| Operating income | 120 | 125 | 144 | 96 | 5 | 44 | 50 | 52 | 45 | -5 |
| Operating margin | 18.2% | 19.6% | 21.7% | 15.3% | 1.8% | 20.7% | 24.8% | 27.1% | 28.2% | -3.5% |
| Net income | 57 | 39 | -17 | 117 | 45 | 15 | 46 | 26 | 30 | -10 |
| Net margin | 8.6% | 6.1% | -2.6% | 18.7% | 17.8% | 7.0% | 22.6% | 13.7% | 18.7% | -6.4% |
| Diluted EPS | $0.24 | $0.18 | -$0.07 | $0.53 | $0.38 | $0.16 | $0.50 | $0.29 | $0.43 | — |
| Free cash flow | 279 | 44 | 244 | 142 | -82 | 54 | 52 | 28 | 40 | -18 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open IRT in Markets.
See also: IRT valuation and P/E history · IRT returns
No forecast, no recommendation. This page describes Independence Realty Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.