# Independence Realty Trust, Inc. (IRT)

- Sector: Real Estate · Industry: Reit Residential
- SEC CIK: 0001466085 ([filings on EDGAR](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001466085))
- Full page: https://inspectstocks.com/stocks/irt
- Data as of: price 2026-09-28; newest filing used 2026-08-04; latest fiscal period ended 2026-06-30

## Grade

**F** on the balance-sheet rubric used for lenders, 1 of 5 checks passed.

| Check | Result | Now | Before |
| --- | --- | --- | --- |
| Profitable | passed | $43.5M |  |
| Earnings growing overall | failed | $43.5M | $69.2M |
| Earnings growing recently | failed | $43.5M | $56.6M |
| Earns well on its assets | failed | 0.7% |  |
| Book value per share growing | failed | $14.74 | $16.12 |

Business quality (the + / − mark): 3 of 6 checks passed.

| Check | Result | Now | Before |
| --- | --- | --- | --- |
| Profitable | passed | 6.5% |  |
| Healthy profit margin | failed | 6.5% |  |
| Strong operating margin | failed | 7.9% |  |
| Good return on equity | failed | 1.3% |  |
| Debt under control | passed | 0.66 |  |
| Turns sales into cash | passed | 11.2% |  |

How the grade works: the letter counts failed checks (none → A, one → B, two → C, three → D, four or more → F). It is built from SEC filings only — the share price never enters it — and describes the business, not whether the stock is worth buying.

## Key figures

In US dollars, as filed.

| Measure | Value |
| --- | --- |
| Revenue, trailing twelve months | $666.8M |
| Net income, trailing twelve months | $43.5M |
| Net margin | 6.5% |
| Return on equity | 1.3% |
| Debt to equity | 0.66 |
| Diluted EPS, trailing twelve months | $0.18 |
| Share price | $14.71 |
| Market value | $3.5B |
| Price / earnings | 81.7x |
| Price / sales | 5.2x |

## More on this company

- [Overview](https://inspectstocks.com/stocks/irt)
- [Financial statements](https://inspectstocks.com/stocks/irt/financials)
- [Competitors](https://inspectstocks.com/stocks/irt/peers)
- [Earnings](https://inspectstocks.com/stocks/irt/earnings)

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Source: InspectStocks, built from the company’s own SEC filings. This describes a business — it is not investment advice and not a recommendation to buy or sell anything.