INDEPENDENCE REALTY TRUST IN (IRT) Stock Fundamental Analysis
USA • New York Stock Exchange • NYSE:IRT • US45378A1060
16.65 USD
+0.39 (+2.4%)
Last: Feb 4, 2026, 10:59 AM
IRT gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 20 industry peers in the Residential REITs industry. IRT may be in some trouble as it scores bad on both profitability and health. IRT is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
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.
- Each year in the past 5 years IRT had a positive operating cash flow.
1.2 Ratios
- IRT has a worse Return On Assets (0.37%) than 70.00% of its industry peers.
- IRT's Return On Equity of 0.64% is on the low side compared to the rest of the industry. IRT is outperformed by 70.00% of its industry peers.
- IRT has a Return On Invested Capital of 1.64%. This is in the lower half of the industry: IRT underperforms 60.00% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for IRT is in line with the industry average of 2.59%.
- The last Return On Invested Capital (1.64%) for IRT is above the 3 year average (1.61%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.37% | ||
| ROE | 0.64% | ||
| ROIC | 1.64% |
ROA(3y)0.72%
ROA(5y)0.74%
ROE(3y)1.3%
ROE(5y)1.45%
ROIC(3y)1.61%
ROIC(5y)1.53%
1.3 Margins
- Looking at the Profit Margin, with a value of 3.42%, IRT is doing worse than 65.00% of the companies in the same industry.
- In the last couple of years the Profit Margin of IRT has declined.
- Looking at the Operating Margin, with a value of 18.80%, IRT is in line with its industry, outperforming 55.00% of the companies in the same industry.
- IRT's Operating Margin has declined in the last couple of years.
- IRT has a Gross Margin of 59.03%. This is comparable to the rest of the industry: IRT outperforms 60.00% of its industry peers.
- IRT's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.8% | ||
| PM (TTM) | 3.42% | ||
| GM | 59.03% |
OM growth 3Y-0.9%
OM growth 5Y-4%
PM growth 3Y-29.9%
PM growth 5Y-22.94%
GM growth 3Y-0.23%
GM growth 5Y0.51%
2. Health
2.1 Basic Checks
- IRT has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- Compared to 1 year ago, IRT has more shares outstanding
- The number of shares outstanding for IRT has been increased compared to 5 years ago.
- Compared to 1 year ago, IRT has an improved debt to assets ratio.
2.2 Solvency
- IRT has an Altman-Z score of 0.93. This is a bad value and indicates that IRT is not financially healthy and even has some risk of bankruptcy.
- IRT's Altman-Z score of 0.93 is in line compared to the rest of the industry. IRT outperforms 50.00% of its industry peers.
- The Debt to FCF ratio of IRT is 18.13, which is on the high side as it means it would take IRT, 18.13 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of IRT (18.13) is better than 75.00% of its industry peers.
- A Debt/Equity ratio of 0.66 indicates that IRT is somewhat dependend on debt financing.
- With an excellent Debt to Equity ratio value of 0.66, IRT belongs to the best of the industry, outperforming 95.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.66 | ||
| Debt/FCF | 18.13 | ||
| Altman-Z | 0.93 |
ROIC/WACC0.25
WACC6.49%
2.3 Liquidity
- IRT has a Current Ratio of 0.72. 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 has a better Current ratio (0.72) than 70.00% of its industry peers.
- IRT has a Quick Ratio of 0.72. 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 0.13 is on the low side compared to the rest of the industry. IRT is outperformed by 65.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.72 | ||
| Quick Ratio | 0.13 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 351.43% over the past year.
- The earnings per share for IRT have been decreasing by -18.85% on average. This is quite bad
- The Revenue has been growing slightly by 0.84% in the past year.
- Measured over the past years, IRT shows a very strong growth in Revenue. The Revenue has been growing by 25.79% on average per year.
EPS 1Y (TTM)351.43%
EPS 3Y-22.63%
EPS 5Y-18.85%
EPS Q2Q%-120%
Revenue 1Y (TTM)0.84%
Revenue growth 3Y36.75%
Revenue growth 5Y25.79%
Sales Q2Q%4.4%
3.2 Future
- Based on estimates for the next years, IRT will show a very strong growth in Earnings Per Share. The EPS will grow by 21.49% on average per year.
- The Revenue is expected to grow by 5.01% on average over the next years.
EPS Next Y22.97%
EPS Next 2Y18.98%
EPS Next 3Y21.49%
EPS Next 5YN/A
Revenue Next Year2.89%
Revenue Next 2Y3.32%
Revenue Next 3Y3.74%
Revenue Next 5Y5.01%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- IRT is valuated quite expensively with a Price/Earnings ratio of 277.50.
- Based on the Price/Earnings ratio, IRT is valued a bit more expensive than the industry average as 65.00% of the companies are valued more cheaply.
- IRT is valuated expensively when we compare the Price/Earnings ratio to 28.18, which is the current average of the S&P500 Index.
- Based on the Price/Forward Earnings ratio of 66.83, the valuation of IRT can be described as expensive.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of IRT is on the same level as its industry peers.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.51, IRT is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 277.5 | ||
| Fwd PE | 66.83 |
4.2 Price Multiples
- The rest of the industry has a similar Enterprise Value to EBITDA ratio as IRT.
- 75.00% of the companies in the same industry are more expensive than IRT, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 31.44 | ||
| EV/EBITDA | 17.09 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates IRT does not grow enough to justify the current Price/Earnings ratio.
- A more expensive valuation may be justified as IRT's earnings are expected to grow with 21.49% in the coming years.
PEG (NY)12.08
PEG (5Y)N/A
EPS Next 2Y18.98%
EPS Next 3Y21.49%
5. Dividend
5.1 Amount
- IRT has a Yearly Dividend Yield of 4.07%, which is a nice return.
- Compared to an average industry Dividend Yield of 41.00, IRT is paying slightly less dividend.
- IRT's Dividend Yield is rather good when compared to the S&P500 average which is at 1.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.07% |
5.2 History
- The dividend of IRT decreases each year by -2.50%.
- IRT has been paying a dividend for at least 10 years, so it has a reliable track record.
- IRT has decreased its dividend recently.
Dividend Growth(5Y)-2.5%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
- IRT pays out 671.86% of its income as dividend. This is not a sustainable payout ratio.
DP671.86%
EPS Next 2Y18.98%
EPS Next 3Y21.49%
NYSE:IRT (2/4/2026, 10:59:47 AM)
16.65
+0.39 (+2.4%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryResidential REITs
Earnings (Last)10-29 2025-10-29/amc
Earnings (Next)02-11 2026-02-11/amc
Inst Owners101.41%
Inst Owner Change1.42%
Ins Owners0.47%
Ins Owner Change-1.69%
Market Cap3.98B
Revenue(TTM)651.53M
Net Income(TTM)22.29M
Analysts80
Price Target20.79 (24.86%)
Short Float %5.19%
Short Ratio4.84
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.07% |
Yearly Dividend0.63
Dividend Growth(5Y)-2.5%
DP671.86%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-71.44%
Min EPS beat(2)-112.77%
Max EPS beat(2)-30.11%
EPS beat(4)1
Avg EPS beat(4)-60.84%
Min EPS beat(4)-112.77%
Max EPS beat(4)5.61%
EPS beat(8)1
Avg EPS beat(8)-246.54%
EPS beat(12)4
Avg EPS beat(12)-154.65%
EPS beat(16)6
Avg EPS beat(16)-127.15%
Revenue beat(2)0
Avg Revenue beat(2)-2.61%
Min Revenue beat(2)-2.83%
Max Revenue beat(2)-2.4%
Revenue beat(4)0
Avg Revenue beat(4)-2.57%
Min Revenue beat(4)-2.83%
Max Revenue beat(4)-2.4%
Revenue beat(8)0
Avg Revenue beat(8)-2.04%
Revenue beat(12)0
Avg Revenue beat(12)-1.75%
Revenue beat(16)3
Avg Revenue beat(16)-0.7%
PT rev (1m)0%
PT rev (3m)-3.11%
EPS NQ rev (1m)3.62%
EPS NQ rev (3m)-19.88%
EPS NY rev (1m)1.44%
EPS NY rev (3m)-20.63%
Revenue NQ rev (1m)-0.79%
Revenue NQ rev (3m)-1.72%
Revenue NY rev (1m)-0.11%
Revenue NY rev (3m)-0.43%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 277.5 | ||
| Fwd PE | 66.83 | ||
| P/S | 6.11 | ||
| P/FCF | 31.44 | ||
| P/OCF | 13.95 | ||
| P/B | 1.14 | ||
| P/tB | 1.14 | ||
| EV/EBITDA | 17.09 |
EPS(TTM)0.06
EY0.36%
EPS(NY)0.25
Fwd EY1.5%
FCF(TTM)0.53
FCFY3.18%
OCF(TTM)1.19
OCFY7.17%
SpS2.72
BVpS14.58
TBVpS14.55
PEG (NY)12.08
PEG (5Y)N/A
Graham Number4.44
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.37% | ||
| ROE | 0.64% | ||
| ROCE | 2.07% | ||
| ROIC | 1.64% | ||
| ROICexc | 1.64% | ||
| ROICexgc | 1.66% | ||
| OM | 18.8% | ||
| PM (TTM) | 3.42% | ||
| GM | 59.03% | ||
| FCFM | 19.44% |
ROA(3y)0.72%
ROA(5y)0.74%
ROE(3y)1.3%
ROE(5y)1.45%
ROIC(3y)1.61%
ROIC(5y)1.53%
ROICexc(3y)1.61%
ROICexc(5y)1.54%
ROICexgc(3y)1.63%
ROICexgc(5y)1.56%
ROCE(3y)2.04%
ROCE(5y)1.94%
ROICexgc growth 3Y39.04%
ROICexgc growth 5Y-6.61%
ROICexc growth 3Y39.15%
ROICexc growth 5Y-6.73%
OM growth 3Y-0.9%
OM growth 5Y-4%
PM growth 3Y-29.9%
PM growth 5Y-22.94%
GM growth 3Y-0.23%
GM growth 5Y0.51%
F-Score7
Asset Turnover0.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.66 | ||
| Debt/FCF | 18.13 | ||
| Debt/EBITDA | 6.35 | ||
| Cap/Depr | 66.7% | ||
| Cap/Sales | 24.37% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 79.17% | ||
| Profit Quality | 568.13% | ||
| Current Ratio | 0.72 | ||
| Quick Ratio | 0.13 | ||
| Altman-Z | 0.93 |
F-Score7
WACC6.49%
ROIC/WACC0.25
Cap/Depr(3y)78.04%
Cap/Depr(5y)70.33%
Cap/Sales(3y)27.58%
Cap/Sales(5y)23.5%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)351.43%
EPS 3Y-22.63%
EPS 5Y-18.85%
EPS Q2Q%-120%
EPS Next Y22.97%
EPS Next 2Y18.98%
EPS Next 3Y21.49%
EPS Next 5YN/A
Revenue 1Y (TTM)0.84%
Revenue growth 3Y36.75%
Revenue growth 5Y25.79%
Sales Q2Q%4.4%
Revenue Next Year2.89%
Revenue Next 2Y3.32%
Revenue Next 3Y3.74%
Revenue Next 5Y5.01%
EBIT growth 1Y-7.47%
EBIT growth 3Y35.52%
EBIT growth 5Y20.76%
EBIT Next Year182.22%
EBIT Next 3Y45.7%
EBIT Next 5Y35.12%
FCF growth 1Y148.8%
FCF growth 3Y108.82%
FCF growth 5Y23.57%
OCF growth 1Y9.22%
OCF growth 3Y70.62%
OCF growth 5Y28.2%
INDEPENDENCE REALTY TRUST IN / IRT 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 2 / 10 to INDEPENDENCE REALTY TRUST IN (IRT). This can be considered as Overvalued.
Can you provide the profitability details for INDEPENDENCE REALTY TRUST IN?
INDEPENDENCE REALTY TRUST IN (IRT) has a profitability rating of 3 / 10.
What is the valuation of INDEPENDENCE REALTY TRUST IN based on its PE and PB ratios?
The Price/Earnings (PE) ratio for INDEPENDENCE REALTY TRUST IN (IRT) is 277.5 and the Price/Book (PB) ratio is 1.14.
What is the financial health of INDEPENDENCE REALTY TRUST IN (IRT) stock?
The financial health rating of INDEPENDENCE REALTY TRUST IN (IRT) is 3 / 10.