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IRTIndependence Realty Trust, Inc.
$15.82$3.7B
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HomeStocksIRTEarnings History

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

Profitable

16 years of earnings data (2010–2025) · Positive TTM net income

TTM Net Income
$48M
● Profitable
TTM EPS (Diluted)
$0.20
Per share, diluted
YoY EPS Growth
+41.2%
Excellent
Net Margin
8.6%
After-tax profitability
EPS Growth Rate (CAGR)
1Y+41.2%
3Y+17.0%
5YN/A
10Y-11.1%
Operating Margin18.4%
Gross Margin-14.9%
Return on Equity1.6%
Return on Assets0.9%
Record Annual Net Income$117MFY2022
Record Quarterly EPS$0.68Q3 2015
Consecutive Profitable Years2years
Q1 2026
Net Income-$68,000
EPS (Diluted)$-0.00
YoY Growth+41.2%Excellent
QoQ Growth-100.2%Declining

Loading earnings history...

Independence Realty Trust, Inc. (IRT) Earnings Overview

As of June 21, 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
$263M$1.92394.8%126.4%+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%
2015$28M+860.6%$10M$0.7825.8%9.3%
2014$3M+370.4%$9M$0.146.0%17.4%
2013$625,000+678.7%$5M$0.123.1%24.7%
2012$-108,000+3.6%$4M$-0.01-0.6%22.4%
2011$-112,000-3105.9%$1M$-0.01-1.3%15.7%
2010$3,726-$4,929$0.0069.4%91.8%

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IRT — Frequently Asked Questions

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

What is IRT earnings per share (EPS)?

IRT trailing twelve-month (TTM) diluted EPS is $0.20, reflecting +41.2% year-over-year growth. The 5-year EPS CAGR is N/A. Complete EPS history from 2010 to 2025 is available in the table on this page.

What is Independence Realty Trust, Inc.'s net income?

Independence Realty Trust, Inc. (IRT) trailing twelve-month net income is $48M as of 2025. Earnings grew +41.2% year-over-year. Independence Realty Trust, Inc. has been profitable for 2 consecutive years.

Is IRT profitable?

Yes, IRT is profitable with a TTM net income of $48M and a net profit margin of +8.6%. Independence Realty Trust, Inc. has generated profits for 2 consecutive years.

What is IRT's earnings growth rate?

IRT compound annual EPS growth rates (CAGR): 1-Year: +41.2%, 3-Year: +17.0%, 5-Year: N/A, 10-Year: -11.1%. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 2010 to 2025.

What are IRT's profit margins?

Independence Realty Trust, Inc. net profit margin is +8.6%, operating margin is +18.4%, and gross margin is -14.9%. Margins are within a typical range for the sector. Return on Equity is +1.6%.

Is IRT growing earnings?

Yes, IRT earnings are accelerating — EPS growth of +41.2% exceeds the 5-year CAGR of N/A. TTM net income reached $48M. Earnings momentum is strengthening.

What was IRT's best earnings year?

Independence Realty Trust, Inc.'s highest annual net income on record is $117M, achieved in fiscal year 2022. Earnings history on this page spans 2010 to 2025 and includes all annual and quarterly figures.

What were IRT's earnings last quarter?

IRT's most recent reported quarter was Q1 2026. Net income was $-68000.00 with diluted EPS of $-0.00. For a full breakdown of all quarters, see the quarterly earnings table on this page.

IRT Earnings Over Time (2010–2025)

Net income & EPS — annual and quarterly view