IRT · XBRL financial data
Independence Realty Trust financial statements, every fiscal year
The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (IRT's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Revenue | 212 | 250 | 629 | 661 | 640 | 658 |
| General and administrative | 15 | 19 | 26 | 23 | 24 | 24 |
| Interest expense | 36 | 36 | 87 | 90 | 76 | 79 |
| Other income (expense) | 0 | 0 | 2 | (0) | (0) | (0) |
| Income tax expense (benefit) | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income (loss) | 15 | 45 | 117 | (17) | 39 | 57 |
| Earnings per share, basic USD per share | 0.16 | 0.41 | 0.53 | (0.08) | 0.17 | 0.24 |
| Earnings per share, diluted USD per share | 0.16 | 0.41 | 0.53 | (0.08) | 0.17 | 0.24 |
| Weighted average shares, basic millions of shares | 94 | 109 | 222 | 224 | 225 | 234 |
| Weighted average shares, diluted millions of shares | 95 | 110 | 223 | 224 | 226 | 235 |
Balance sheet
CSVFiscal years (IRT's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 9 | 36 | 16 | 23 | 21 | 24 |
| Right-of-use asset | — | — | 3 | 2 | 2 | 3 |
| Total assets | 1,735 | 6,507 | 6,532 | 6,280 | 6,058 | 6,022 |
| Total liabilities | 1,022 | 2,865 | 2,794 | 2,713 | 2,483 | 2,432 |
| Accumulated deficit | (179) | (188) | (192) | (348) | (454) | (555) |
| Total stockholders' equity | 708 | 3,481 | 3,597 | 3,431 | 3,442 | 3,460 |
| Total liabilities and equity | 1,735 | 6,507 | 6,532 | 6,280 | 6,058 | 6,022 |
| Common shares outstanding (cover page) millions of shares | 102 | 221 | 224 | 225 | 231 | 237 |
Cash flows
CSVFiscal years (IRT's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | 15 | 45 | 117 | (17) | 39 | 57 |
| Stock-based compensation | 6 | 7 | 8 | 8 | 7 | 8 |
| Depreciation and amortization | — | — | — | 219 | 221 | 243 |
| Net cash from operating activities | 75 | 52 | 250 | 262 | 260 | 282 |
| Purchases of property and equipment | 0 | 0 | — | — | — | — |
| Net cash from investing activities | (125) | (216) | (136) | (2) | (21) | (143) |
| Proceeds from issuing common stock | 148 | 317 | 49 | — | 111 | — |
| Share repurchases | — | — | — | 0 | 0 | 30 |
| Dividends paid | 56 | 50 | 106 | 135 | 144 | 154 |
| Net cash from financing activities | 49 | 216 | (135) | (254) | (246) | (135) |
| Net change in cash | (1) | 52 | (22) | 7 | (7) | 4 |
Compare with peers
SIC 6798 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 6798 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Quarter |
|---|---|---|---|---|---|
| Independence Realty Trust | 16 | 172 | 81* | 235.9M | 10-QSep 30, 2026 |
| Americold Realty Trust | 40 | 663 | 100* | 285.5M | 10-QJun 30, 2026 |
| Macerich | 227 | 250 | 67* | 283.6M | 10-QJun 30, 2026 |
| Kilroy Realty | 94 | 4.9 | not reported | 116.3M | 10-QSep 30, 2026 |
| Phillips Edison & Company | 8.9 | 3.5 | 85* | 129.0M | 10-QSep 30, 2026 |
| Sabra Health Care REIT | 36 | 143 | 129* | 262.0M | 10-QSep 30, 2026 |
| EPR Properties | 52 | 204 | 169* | 76.6M | 10-QSep 30, 2026 |
| SL Green Realty | 181 | 264 | not reported | 70.8M | 10-QJun 30, 2026 |
| Ares Real Estate Income Trust | 41 | 151 | 189* | not reported | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.