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IRT logoIndependence Realty Trust, Inc. (IRT) Earnings History

Annual and quarterly earnings data from 2010 to 2025

TTM Net Income
$48M
Profitable
TTM EPS
$0.20
Diluted
YoY EPS Growth
+41.2%
Excellent
Net Margin
8.6%
Profitability
Operating Margin18.4%
Gross Margin-14.9%
ROE1.6%
ROA0.9%
Highest Annual Net Income$117M (2022)
Highest Quarterly EPS$0.68 (Q3 2015)
Consecutive Profitable Years2 years
Q1 2026
Net Income-$68,000
EPS$-0.00
QoQ Growth-100.2%Declining

Loading earnings history...

IRT EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
+41.2%
Excellent
3-Year
+17.0%
Strong
5-Year
N/A
N/M
10-Year
-11.1%
Declining

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

IRT Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
2025-14.9%18.4%8.6%
202458.5%20.2%6.1%
202358.9%22.4%-2.6%
202259.2%14.8%18.7%
202158.9%20.8%17.8%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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Independence Realty Trust, Inc. (IRT) Earnings Overview

As of May 6, 2026, Independence Realty Trust, Inc. (IRT) reported trailing twelve-month net income of $48M, reflecting +41.2% year-over-year growth. The company earned $0.20 per diluted share over the past four quarters, with a net profit margin of 8.6%.

Looking at the long-term picture, IRT's historical earnings data spans multiple years. The company achieved its highest annual net income of $117M in fiscal 2022.

Independence Realty Trust, Inc. maintains positive profitability with a gross margin of -14.9%, operating margin of 18.4%, and net margin of 8.6%. The company continues to generate positive earnings from operations. View revenue history →

Compared to peers including NMR ($370.05B net income, 7.6% margin), MAA ($403M net income, 20.2% margin), CPT ($388M net income, 24.4% margin), IRT has outperformed on profitability metrics. Compare IRT vs NMR →

IRT Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
IRT logoIRTCurrent
$48M$0.208.6%1.6%+41.2%—
NMR logoNMR
$370.1B$122.547.6%9.7%+7.2%
MAA logoMAA
$403M$3.4520.2%7.5%-15.8%
CPT logoCPT
$388M$3.7024.4%8.4%+136.0%
UDR logoUDR
$491M$1.4922.1%8.8%+334.6%
AIV logoAIV
$554M$3.93-133.1%+623.0%
Best in group
Lowest in group

IRT Historical Earnings Data (2010–2025)

16 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025$57M+43.9%$121M$0.248.6%18.4%
2024$39M+328.1%$129M$0.176.1%20.2%
2023-$17M-114.7%$148M$-0.08-2.6%22.4%
2022$117M+163.0%$93M$0.1518.7%14.8%
2021$45M+201.9%$52M$0.0717.8%20.8%
2020$15M-67.8%$0$-0.237.0%0.0%
2019$46M+74.6%$103M$0.0722.6%50.8%
2018$26M-13.0%$52M$0.3013.7%27.1%
2017$30M+408.2%$45M$0.4118.7%28.2%
2016-$10M-134.7%$40M$-0.19-6.4%25.9%

See IRT's True Return

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Is IRT Undervalued?

DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.

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Compare IRT vs WELL

Side-by-side business, growth, and profitability comparison vs Welltower Inc..

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IRT — Frequently Asked Questions

Quick answers to the most common questions about buying IRT stock.

Is IRT growing earnings?

IRT EPS is $0.20, with earnings growth accelerating to +41.2%. This exceeds the 5-year CAGR of N/A. TTM net income reached $48M.

What are IRT's profit margins?

Independence Realty Trust, Inc. net margin is +8.6%, with operating margin at +18.4%. Margins sit within typical range for the sector.

How consistent are IRT's earnings?

IRT earnings data spans 2010-2025. The accelerating earnings trend is +41.2% YoY. Historical data enables comparison across business cycles.

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IRT Earnings Over Time (2014–2025)

Net income and EPS trends