INDEPENDENCE REALTY TRUST, INC. — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that INDEPENDENCE REALTY TRUST, INC. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $167.13M | Feb 17, 2026 |
| FY2025 | Sep 30, 2025 | $167.14M | Feb 17, 2026 |
| FY2025 | Jun 30, 2025 | $162.19M | Feb 17, 2026 |
| FY2025 | Mar 31, 2025 | $161.24M | Feb 17, 2026 |
| FY2025 | Dec 31, 2024 | $160.96M | Feb 17, 2026 |
| FY2025 | Sep 30, 2024 | $160.14M | Feb 17, 2026 |
| FY2025 | Jun 30, 2024 | $158.40M | Feb 17, 2026 |
| FY2025 | Mar 31, 2024 | $160.53M | Feb 17, 2026 |
| FY2024 | Dec 31, 2023 | $167.05M | Feb 18, 2025 |
| FY2024 | Sep 30, 2023 | $168.61M | Feb 18, 2025 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $33.27M | Feb 17, 2026 |
| FY2025 | Sep 30, 2025 | $6.89M | Feb 17, 2026 |
| FY2025 | Jun 30, 2025 | $8.05M | Feb 17, 2026 |
| FY2025 | Mar 31, 2025 | $8.35M | Feb 17, 2026 |
| FY2025 | Dec 31, 2024 | ($1.00M) | Feb 17, 2026 |
| FY2025 | Sep 30, 2024 | $12.37M | Feb 17, 2026 |
| FY2025 | Jun 30, 2024 | $10.35M | Feb 17, 2026 |
| FY2025 | Mar 31, 2024 | $17.58M | Feb 17, 2026 |
| FY2024 | Dec 31, 2023 | ($40.52M) | Feb 18, 2025 |
| FY2024 | Sep 30, 2023 | $3.93M | Feb 18, 2025 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2018 | Dec 31, 2018 | $51.82M | Feb 22, 2019 |
| FY2018 | Dec 31, 2017 | $45.43M | Feb 22, 2019 |
| FY2018 | Dec 31, 2016 | $39.66M | Feb 22, 2019 |
| FY2017 | Dec 31, 2015 | $10.18M | Feb 23, 2018 |
| FY2016 | Dec 31, 2014 | $8.54M | Mar 3, 2017 |
| FY2015 | Dec 31, 2013 | $4.93M | Mar 11, 2016 |
| FY2014 | Dec 31, 2012 | $3.73M | Mar 16, 2015 |
| FY2013 | Dec 31, 2011 | $1.36M | Mar 11, 2014 |
| FY2012 | Dec 31, 2010 | $5.0K | Mar 13, 2013 |
| FY2011 | Dec 31, 2009 | $2.0K | Mar 9, 2012 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $282.15M | Feb 17, 2026 |
| FY2025 | Dec 31, 2024 | $259.75M | Feb 17, 2026 |
| FY2025 | Dec 31, 2023 | $262.17M | Feb 17, 2026 |
| FY2024 | Dec 31, 2022 | $249.54M | Feb 18, 2025 |
| FY2023 | Dec 31, 2021 | $52.26M | Feb 28, 2024 |
| FY2022 | Dec 31, 2020 | $74.96M | Feb 23, 2023 |
| FY2021 | Dec 31, 2019 | $75.00M | Feb 24, 2022 |
| FY2020 | Dec 31, 2018 | $68.53M | Feb 18, 2021 |
| FY2019 | Dec 31, 2017 | $54.32M | Feb 18, 2020 |
| FY2018 | Dec 31, 2016 | ($7.53M) | Feb 22, 2019 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2021 | Dec 31, 2021 | $177.0K | Feb 24, 2022 |
| FY2020 | Dec 31, 2020 | $84.0K | Feb 18, 2021 |
| FY2019 | Dec 31, 2019 | $249.0K | Feb 18, 2020 |
| FY2018 | Dec 31, 2018 | $599.0K | Feb 22, 2019 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $6.02B | Feb 17, 2026 |
| FY2025 | Dec 31, 2024 | $6.06B | Feb 17, 2026 |
| FY2024 | Dec 31, 2023 | $6.28B | Feb 18, 2025 |
| FY2023 | Dec 31, 2022 | $6.53B | Feb 28, 2024 |
| FY2022 | Dec 31, 2021 | $6.51B | Feb 23, 2023 |
| FY2021 | Dec 31, 2020 | $1.73B | Feb 24, 2022 |
| FY2020 | Dec 31, 2019 | $1.66B | Feb 18, 2021 |
| FY2019 | Dec 31, 2018 | $1.66B | Feb 18, 2020 |
| FY2018 | Dec 31, 2017 | $1.45B | Feb 22, 2019 |
| FY2017 | Dec 31, 2016 | $1.29B | Feb 23, 2018 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $2.43B | Feb 17, 2026 |
| FY2025 | Dec 31, 2024 | $2.48B | Feb 17, 2026 |
| FY2024 | Dec 31, 2023 | $2.71B | Feb 18, 2025 |
| FY2023 | Dec 31, 2022 | $2.79B | Feb 28, 2024 |
| FY2022 | Dec 31, 2021 | $2.86B | Feb 23, 2023 |
| FY2021 | Dec 31, 2020 | $1.02B | Feb 24, 2022 |
| FY2020 | Dec 31, 2019 | $1.04B | Feb 18, 2021 |
| FY2019 | Dec 31, 2018 | $1.03B | Feb 18, 2020 |
| FY2018 | Dec 31, 2017 | $804.51M | Feb 22, 2019 |
| FY2017 | Dec 31, 2016 | $765.55M | Feb 23, 2018 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $3.46B | Feb 17, 2026 |
| FY2025 | Dec 31, 2024 | $3.44B | Feb 17, 2026 |
| FY2024 | Dec 31, 2023 | $3.43B | Feb 18, 2025 |
| FY2023 | Dec 31, 2022 | $3.60B | Feb 28, 2024 |
| FY2022 | Dec 31, 2021 | $3.48B | Feb 23, 2023 |
| FY2021 | Dec 31, 2020 | $708.06M | Feb 24, 2022 |
| FY2020 | Dec 31, 2019 | $613.28M | Feb 18, 2021 |
| FY2019 | Dec 31, 2018 | $623.00M | Feb 18, 2020 |
| FY2018 | Dec 31, 2017 | $624.10M | Feb 22, 2019 |
| FY2017 | Dec 31, 2016 | $506.83M | Feb 23, 2018 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($555.33M) | Feb 17, 2026 |
| FY2025 | Dec 31, 2024 | ($454.10M) | Feb 17, 2026 |
| FY2024 | Dec 31, 2023 | ($348.41M) | Feb 18, 2025 |
| FY2023 | Dec 31, 2022 | ($191.74M) | Feb 28, 2024 |
| FY2022 | Dec 31, 2021 | ($188.41M) | Feb 23, 2023 |
| FY2021 | Dec 31, 2020 | ($178.75M) | Feb 24, 2022 |
| FY2020 | Dec 31, 2019 | ($141.53M) | Feb 18, 2021 |
| FY2019 | Dec 31, 2018 | ($122.34M) | Feb 18, 2020 |
| FY2018 | Dec 31, 2017 | ($85.22M) | Feb 22, 2019 |
| FY2017 | Dec 31, 2016 | ($62.18M) | Feb 23, 2018 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $23.56M | Feb 17, 2026 |
| FY2025 | Dec 31, 2024 | $21.23M | Feb 17, 2026 |
| FY2025 | Dec 31, 2023 | $22.85M | Feb 17, 2026 |
| FY2024 | Dec 31, 2022 | $16.08M | Feb 18, 2025 |
| FY2023 | Dec 31, 2021 | $35.97M | Feb 28, 2024 |
| FY2022 | Dec 31, 2020 | $8.75M | Feb 23, 2023 |
| FY2021 | Dec 31, 2019 | $9.89M | Feb 24, 2022 |
| FY2020 | Dec 31, 2018 | $9.32M | Feb 18, 2021 |
| FY2019 | Dec 31, 2017 | $9.32M | Feb 18, 2020 |
| FY2018 | Dec 31, 2016 | $20.89M | Feb 22, 2019 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $2.28B | Feb 17, 2026 |
| FY2025 | Dec 31, 2024 | $2.33B | Feb 17, 2026 |
| FY2024 | Dec 31, 2023 | $2.55B | Feb 18, 2025 |
| FY2023 | Dec 31, 2022 | $2.63B | Feb 28, 2024 |
| FY2022 | Dec 31, 2021 | $2.71B | Feb 23, 2023 |
| FY2021 | Dec 31, 2020 | $945.69M | Feb 24, 2022 |
| FY2020 | Dec 31, 2019 | $985.57M | Feb 18, 2021 |
| FY2019 | Dec 31, 2018 | $985.49M | Feb 18, 2020 |
| FY2018 | Dec 31, 2017 | $778.44M | Feb 22, 2019 |
| FY2017 | Dec 31, 2016 | $743.82M | Feb 23, 2018 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 0 | Feb 17, 2026 |
| FY2025 | Sep 30, 2025 | 0 | Feb 17, 2026 |
| FY2025 | Jun 30, 2025 | 0 | Feb 17, 2026 |
| FY2025 | Mar 31, 2025 | 0 | Feb 17, 2026 |
| FY2025 | Dec 31, 2024 | 0 | Feb 17, 2026 |
| FY2025 | Sep 30, 2024 | 0 | Feb 17, 2026 |
| FY2025 | Jun 30, 2024 | 0 | Feb 17, 2026 |
| FY2025 | Mar 31, 2024 | 0 | Feb 17, 2026 |
| FY2024 | Dec 31, 2023 | 0 | Feb 18, 2025 |
| FY2024 | Sep 30, 2023 | 0 | Feb 18, 2025 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 0 | Feb 17, 2026 |
| FY2025 | Sep 30, 2025 | 0 | Feb 17, 2026 |
| FY2025 | Jun 30, 2025 | 0 | Feb 17, 2026 |
| FY2025 | Mar 31, 2025 | 0 | Feb 17, 2026 |
| FY2025 | Dec 31, 2024 | 0 | Feb 17, 2026 |
| FY2025 | Sep 30, 2024 | 0 | Feb 17, 2026 |
| FY2025 | Jun 30, 2024 | 0 | Feb 17, 2026 |
| FY2025 | Mar 31, 2024 | 0 | Feb 17, 2026 |
| FY2024 | Dec 31, 2023 | 0 | Feb 18, 2025 |
| FY2024 | Sep 30, 2023 | 0 | Feb 18, 2025 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 237.23M | Feb 17, 2026 |
| FY2025 | Dec 31, 2024 | 230.84M | Feb 17, 2026 |
| FY2024 | Dec 31, 2023 | 224.71M | Feb 18, 2025 |
| FY2023 | Dec 31, 2022 | 224.06M | Feb 28, 2024 |
| FY2022 | Dec 31, 2021 | 220.75M | Feb 23, 2023 |
| FY2021 | Dec 31, 2020 | 101.80M | Feb 24, 2022 |
| FY2020 | Dec 31, 2019 | 91.07M | Feb 18, 2021 |
| FY2019 | Dec 31, 2018 | 89.18M | Feb 18, 2020 |
| FY2018 | Dec 31, 2017 | 84.71M | Feb 22, 2019 |
| FY2017 | Dec 31, 2016 | 69.00M | Feb 23, 2018 |
Dividends Paid
Cash dividends distributed to common shareholders during the period. Shown as a positive value despite being a cash outflow in the SEC filing.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $154.39M | Feb 17, 2026 |
| FY2025 | Dec 31, 2024 | $144.02M | Feb 17, 2026 |
| FY2025 | Dec 31, 2023 | $134.87M | Feb 17, 2026 |
| FY2024 | Dec 31, 2022 | $105.83M | Feb 18, 2025 |
| FY2023 | Dec 31, 2021 | $49.83M | Feb 28, 2024 |
| FY2022 | Dec 31, 2020 | $56.15M | Feb 23, 2023 |
| FY2021 | Dec 31, 2019 | $64.75M | Feb 24, 2022 |
| FY2020 | Dec 31, 2018 | $52.48M | Feb 18, 2021 |
| FY2019 | Dec 31, 2017 | $52.30M | Feb 18, 2020 |
| FY2018 | Dec 31, 2016 | $36.58M | Feb 22, 2019 |