INDEPENDENCE REALTY TRUST IN (IRT) Fundamental Analysis & Valuation

NYSE:IRT • US45378A1060

Current stock price

15.1 USD
+0.23 (+1.55%)
At close:
15.1 USD
0 (0%)
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This IRT fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

3

1. IRT Profitability Analysis

1.1 Basic Checks

  • In the past year IRT was profitable.
  • IRT had a positive operating cash flow in the past year.
  • Of the past 5 years IRT 4 years were profitable.
  • IRT had a positive operating cash flow in each of the past 5 years.
IRT Yearly Net Income VS EBIT VS OCF VS FCFIRT Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M 200M

1.2 Ratios

  • IRT's Return On Assets of 0.94% is on the low side compared to the rest of the industry. IRT is outperformed by 60.00% of its industry peers.
  • The Return On Equity of IRT (1.63%) is worse than 65.00% of its industry peers.
  • IRT has a Return On Invested Capital of 1.73%. This is in the lower half of the industry: IRT underperforms 60.00% of its industry peers.
  • IRT had an Average Return On Invested Capital over the past 3 years of 1.80%. This is in line with the industry average of 2.73%.
Industry RankSector Rank
ROA 0.94%
ROE 1.63%
ROIC 1.73%
ROA(3y)0.44%
ROA(5y)0.76%
ROE(3y)0.76%
ROE(5y)1.36%
ROIC(3y)1.8%
ROIC(5y)1.44%
IRT Yearly ROA, ROE, ROICIRT Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2 4 6

1.3 Margins

  • Looking at the Profit Margin, with a value of 8.60%, IRT is doing worse than 60.00% of the companies in the same industry.
  • In the last couple of years the Profit Margin of IRT has grown nicely.
  • Looking at the Operating Margin, with a value of 18.43%, IRT is in line with its industry, outperforming 45.00% of the companies in the same industry.
  • IRT's Operating Margin has declined in the last couple of years.
  • IRT has a Gross Margin (59.06%) which is in line with its industry peers.
  • IRT's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 18.43%
PM (TTM) 8.6%
GM 59.06%
OM growth 3Y7.56%
OM growth 5Y-2.97%
PM growth 3Y-22.74%
PM growth 5Y4.34%
GM growth 3Y-0.09%
GM growth 5Y0.7%
IRT Yearly Profit, Operating, Gross MarginsIRT Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 40

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ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. IRT Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), IRT is destroying value.
  • IRT has more shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, IRT has more shares outstanding
  • Compared to 1 year ago, IRT has an improved debt to assets ratio.
IRT Yearly Shares OutstandingIRT Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M
IRT Yearly Total Debt VS Total AssetsIRT Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B

2.2 Solvency

  • Based on the Altman-Z score of 0.81, we must say that IRT is in the distress zone and has some risk of bankruptcy.
  • IRT has a Altman-Z score (0.81) which is in line with its industry peers.
  • The Debt to FCF ratio of IRT is 17.78, which is on the high side as it means it would take IRT, 17.78 years of fcf income to pay off all of its debts.
  • IRT's Debt to FCF ratio of 17.78 is fine compared to the rest of the industry. IRT outperforms 65.00% of its industry peers.
  • A Debt/Equity ratio of 0.56 indicates that IRT is somewhat dependend on debt financing.
  • IRT has a Debt to Equity ratio of 0.56. This is amongst the best in the industry. IRT outperforms 100.00% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.56
Debt/FCF 17.78
Altman-Z 0.81
ROIC/WACC0.26
WACC6.7%
IRT Yearly LT Debt VS Equity VS FCFIRT Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B 2B 3B

2.3 Liquidity

  • IRT has a Current Ratio of 0.21. This is a bad value and indicates that IRT is not financially healthy enough and could expect problems in meeting its short term obligations.
  • With a Current ratio value of 0.21, IRT is not doing good in the industry: 65.00% of the companies in the same industry are doing better.
  • IRT has a Quick Ratio of 0.21. This is a bad value and indicates that IRT is not financially healthy enough and could expect problems in meeting its short term obligations.
  • IRT's Quick ratio of 0.05 is on the low side compared to the rest of the industry. IRT is outperformed by 80.00% of its industry peers.
Industry RankSector Rank
Current Ratio 0.21
Quick Ratio 0.05
IRT Yearly Current Assets VS Current LiabilitesIRT Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

6

3. IRT Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an nice 13.64% over the past year.
  • The Earnings Per Share has been growing slightly by 4.56% on average over the past years.
  • IRT shows a small growth in Revenue. In the last year, the Revenue has grown by 2.76%.
  • The Revenue has been growing by 25.32% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)13.64%
EPS 3Y-27.74%
EPS 5Y4.56%
EPS Q2Q%3600%
Revenue 1Y (TTM)2.76%
Revenue growth 3Y1.53%
Revenue growth 5Y25.32%
Sales Q2Q%3.7%

3.2 Future

  • IRT is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 24.27% yearly.
  • Based on estimates for the next years, IRT will show a small growth in Revenue. The Revenue will grow by 4.04% on average per year.
EPS Next Y4.61%
EPS Next 2Y16.34%
EPS Next 3Y24.27%
EPS Next 5YN/A
Revenue Next Year3.54%
Revenue Next 2Y3.46%
Revenue Next 3Y-3.01%
Revenue Next 5Y4.04%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
IRT Yearly Revenue VS EstimatesIRT Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 200M 400M 600M
IRT Yearly EPS VS EstimatesIRT Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 0.2 -0.2 0.4 0.6

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3

4. IRT Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 75.50, the valuation of IRT can be described as expensive.
  • Compared to the rest of the industry, the Price/Earnings ratio of IRT is on the same level as its industry peers.
  • IRT's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 26.17.
  • A Price/Forward Earnings ratio of 72.18 indicates a quite expensive valuation of IRT.
  • The rest of the industry has a similar Price/Forward Earnings ratio as IRT.
  • IRT is valuated expensively when we compare the Price/Forward Earnings ratio to 23.05, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 75.5
Fwd PE 72.18
IRT Price Earnings VS Forward Price EarningsIRT Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, IRT is valued a bit cheaper than 75.00% of the companies in the same industry.
  • Based on the Price/Free Cash Flow ratio, IRT is valued cheaply inside the industry as 85.00% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 27.93
EV/EBITDA 16.03
IRT Per share dataIRT EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • IRT's earnings are expected to grow with 24.27% in the coming years. This may justify a more expensive valuation.
PEG (NY)16.39
PEG (5Y)16.54
EPS Next 2Y16.34%
EPS Next 3Y24.27%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

5

5. IRT Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 4.61%, IRT is a good candidate for dividend investing.
  • IRT's Dividend Yield is slightly below the industry average, which is at 46.12.
  • Compared to an average S&P500 Dividend Yield of 1.89, IRT pays a better dividend.
Industry RankSector Rank
Dividend Yield 4.61%

5.2 History

  • The dividend of IRT has a limited annual growth rate of 2.55%.
  • IRT has been paying a dividend for at least 10 years, so it has a reliable track record.
  • The dividend of IRT decreased in the last 3 years.
Dividend Growth(5Y)2.55%
Div Incr Years2
Div Non Decr Years2
IRT Yearly Dividends per shareIRT Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.2 0.4 0.6

5.3 Sustainability

  • IRT pays out 272.97% of its income as dividend. This is not a sustainable payout ratio.
  • IRT's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP272.97%
EPS Next 2Y16.34%
EPS Next 3Y24.27%
IRT Yearly Income VS Free CF VS DividendIRT Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 50M 100M 150M
IRT Dividend Payout.IRT Dividend Payout, showing the Payout Ratio.IRT Dividend Payout.PayoutRetained Earnings

More info and screens

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IRT Fundamentals: All Metrics, Ratios and Statistics

INDEPENDENCE REALTY TRUST IN

NYSE:IRT (4/2/2026, 8:04:00 PM)

After market: 15.1 0 (0%)

15.1

+0.23 (+1.55%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryResidential REITs
Earnings (Last)02-11
Earnings (Next)04-28
Inst Owners101.69%
Inst Owner Change0%
Ins Owners0.55%
Ins Owner Change7.22%
Market Cap3.58B
Revenue(TTM)657.70M
Net Income(TTM)56.56M
Analysts80
Price Target19.93 (31.99%)
Short Float %5.14%
Short Ratio4.13
Dividend
Industry RankSector Rank
Dividend Yield 4.61%
Yearly Dividend0.66
Dividend Growth(5Y)2.55%
DP272.97%
Div Incr Years2
Div Non Decr Years2
Ex-Date03-27
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-33.43%
Min EPS beat(2)-112.77%
Max EPS beat(2)45.91%
EPS beat(4)2
Avg EPS beat(4)-22.84%
Min EPS beat(4)-112.77%
Max EPS beat(4)45.91%
EPS beat(8)2
Avg EPS beat(8)-37.41%
EPS beat(12)4
Avg EPS beat(12)-164.33%
EPS beat(16)6
Avg EPS beat(16)-133.41%
Revenue beat(2)0
Avg Revenue beat(2)-2.53%
Min Revenue beat(2)-2.65%
Max Revenue beat(2)-2.4%
Revenue beat(4)0
Avg Revenue beat(4)-2.62%
Min Revenue beat(4)-2.83%
Max Revenue beat(4)-2.4%
Revenue beat(8)0
Avg Revenue beat(8)-2.27%
Revenue beat(12)0
Avg Revenue beat(12)-1.84%
Revenue beat(16)2
Avg Revenue beat(16)-1.4%
PT rev (1m)-1.44%
PT rev (3m)-4.16%
EPS NQ rev (1m)18.37%
EPS NQ rev (3m)-11.23%
EPS NY rev (1m)0%
EPS NY rev (3m)-14.71%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.46%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.33%
Valuation
Industry RankSector Rank
PE 75.5
Fwd PE 72.18
P/S 5.45
P/FCF 27.93
P/OCF 12.7
P/B 1.04
P/tB 1.04
EV/EBITDA 16.03
EPS(TTM)0.2
EY1.32%
EPS(NY)0.21
Fwd EY1.39%
FCF(TTM)0.54
FCFY3.58%
OCF(TTM)1.19
OCFY7.87%
SpS2.77
BVpS14.58
TBVpS14.57
PEG (NY)16.39
PEG (5Y)16.54
Graham Number8.1
Profitability
Industry RankSector Rank
ROA 0.94%
ROE 1.63%
ROCE 2.19%
ROIC 1.73%
ROICexc 1.74%
ROICexgc 1.75%
OM 18.43%
PM (TTM) 8.6%
GM 59.06%
FCFM 19.51%
ROA(3y)0.44%
ROA(5y)0.76%
ROE(3y)0.76%
ROE(5y)1.36%
ROIC(3y)1.8%
ROIC(5y)1.44%
ROICexc(3y)1.81%
ROICexc(5y)1.45%
ROICexgc(3y)1.83%
ROICexgc(5y)1.46%
ROCE(3y)2.28%
ROCE(5y)1.82%
ROICexgc growth 3Y14.4%
ROICexgc growth 5Y-4.59%
ROICexc growth 3Y14.46%
ROICexc growth 5Y-4.66%
OM growth 3Y7.56%
OM growth 5Y-2.97%
PM growth 3Y-22.74%
PM growth 5Y4.34%
GM growth 3Y-0.09%
GM growth 5Y0.7%
F-Score7
Asset Turnover0.11
Health
Industry RankSector Rank
Debt/Equity 0.56
Debt/FCF 17.78
Debt/EBITDA 5.34
Cap/Depr 63.26%
Cap/Sales 23.39%
Interest Coverage 1.47
Cash Conversion 77.41%
Profit Quality 226.82%
Current Ratio 0.21
Quick Ratio 0.05
Altman-Z 0.81
F-Score7
WACC6.7%
ROIC/WACC0.26
Cap/Depr(3y)79.91%
Cap/Depr(5y)70.66%
Cap/Sales(3y)27.65%
Cap/Sales(5y)24.66%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)13.64%
EPS 3Y-27.74%
EPS 5Y4.56%
EPS Q2Q%3600%
EPS Next Y4.61%
EPS Next 2Y16.34%
EPS Next 3Y24.27%
EPS Next 5YN/A
Revenue 1Y (TTM)2.76%
Revenue growth 3Y1.53%
Revenue growth 5Y25.32%
Sales Q2Q%3.7%
Revenue Next Year3.54%
Revenue Next 2Y3.46%
Revenue Next 3Y-3.01%
Revenue Next 5Y4.04%
EBIT growth 1Y-6.33%
EBIT growth 3Y9.2%
EBIT growth 5Y21.6%
EBIT Next Year218.5%
EBIT Next 3Y50.03%
EBIT Next 5Y37.32%
FCF growth 1Y51.48%
FCF growth 3Y7.31%
FCF growth 5Y27.82%
OCF growth 1Y8.62%
OCF growth 3Y4.18%
OCF growth 5Y30.34%

INDEPENDENCE REALTY TRUST IN / IRT Fundamental Analysis FAQ

What is the fundamental rating for IRT stock?

ChartMill assigns a fundamental rating of 4 / 10 to IRT.


What is the valuation status for IRT stock?

ChartMill assigns a valuation rating of 3 / 10 to INDEPENDENCE REALTY TRUST IN (IRT). This can be considered as Overvalued.


What is the profitability of IRT stock?

INDEPENDENCE REALTY TRUST IN (IRT) has a profitability rating of 3 / 10.


What is the expected EPS growth for INDEPENDENCE REALTY TRUST IN (IRT) stock?

The Earnings per Share (EPS) of INDEPENDENCE REALTY TRUST IN (IRT) is expected to grow by 4.61% in the next year.


Is the dividend of INDEPENDENCE REALTY TRUST IN sustainable?

The dividend rating of INDEPENDENCE REALTY TRUST IN (IRT) is 5 / 10 and the dividend payout ratio is 272.97%.