Last 48 quarters of trend data · Real Estate · REIT - Residential
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
| Metric | TTM | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 60.75 | 289.76 | — | 31.21 | 139.37 | 128.56 | 147.43 | — | 93.69 | 102.07 | 51.70 | — | 201.00 | 95.69 | 143.64 | 84.81 | 57.45 | — | 19.44 | 28.08 | 46.25 |
| — | +125.4% | — | — | +48.8% | +26.0% | +185.2% | — | -53.4% | +6.7% | -64.0% | — | +249.9% | — | +638.8% | +202.1% | +24.2% | — | -94.9% | +17.1% | -84.0% | |
| P/S Ratio | 5.23 | 5.89 | 5.46 | 6.37 | 5.87 | 6.38 | 7.63 | 6.94 | 7.23 | 6.67 | 5.66 | 5.14 | 4.70 | 6.25 | 5.59 | 5.81 | 5.86 | 7.41 | 9.77 | 10.64 | 9.01 |
| — | -7.8% | -28.5% | -8.1% | -18.8% | -4.2% | +34.9% | +34.9% | +54.0% | +6.6% | +1.2% | -11.6% | -19.8% | -15.6% | -42.8% | -45.3% | -35.0% | -9.3% | +37.8% | +78.7% | +77.0% | |
| P/B Ratio | 0.95 | 1.13 | 1.02 | 1.19 | 1.09 | 1.17 | 1.37 | 1.25 | 1.33 | 1.20 | 1.02 | 0.96 | 0.86 | 1.11 | 0.97 | 1.01 | 1.00 | 1.25 | 1.58 | 0.90 | 2.92 |
| — | -3.1% | -25.3% | -5.2% | -18.2% | -2.4% | +34.4% | +30.0% | +53.8% | +7.7% | +4.8% | -5.1% | -13.4% | -10.9% | -38.4% | +12.9% | -65.8% | -50.4% | -27.6% | -50.3% | +61.0% | |
| P/FCF | 23.45 | 24.23 | 28.46 | 25.23 | 35.54 | 20.70 | 31.62 | — | 19.39 | 42.24 | 168.16 | 35.16 | 12.83 | 24.38 | 50.29 | 28.41 | 17.54 | 21.36 | 50.99 | — | 34.47 |
| — | +17.1% | -10.0% | — | +83.3% | -51.0% | -81.2% | — | +51.1% | +73.3% | +234.4% | +23.8% | -26.8% | +14.1% | -1.4% | — | -49.1% | -44.1% | +79.2% | — | +103.8% | |
| EV / EBITDA | 15.56 | 17.62 | 17.35 | 16.48 | 16.73 | 18.19 | 20.81 | 11.12 | 19.73 | 19.30 | 17.38 | 15.58 | 9.12 | 11.53 | 11.26 | 11.02 | 11.67 | 11.37 | 13.28 | 21.68 | 25.46 |
| — | -3.2% | -16.6% | +48.2% | -15.2% | -5.7% | +19.7% | -28.6% | +116.4% | +67.4% | +54.4% | +41.5% | -21.9% | +1.4% | -15.2% | -49.2% | -54.2% | -55.3% | -44.0% | +68.8% | +29.2% | |
| EV / EBIT | 46.78 | 63.60 | 72.79 | 29.82 | 56.46 | 59.12 | 64.10 | 45.69 | 55.80 | 57.61 | 38.17 | — | 56.36 | 47.89 | 45.69 | 38.98 | 42.15 | 180.19 | 760.42 | 92.31 | 39.49 |
| — | +7.6% | +13.6% | -34.7% | +1.2% | +2.6% | +67.9% | — | -1.0% | +20.3% | -16.4% | — | +33.7% | -73.4% | -94.0% | -57.8% | +6.7% | +194.8% | +1096.4% | +114.9% | -25.9% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
| Metric | TTM | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | -14.9% | -20.2% | -20.7% | -13.6% | 58.4% | 57.7% | 58.4% | 61.8% | 57.6% | 56.7% | 24.5% | 60.3% | 92.6% | 58.0% | 59.3% | 60.7% | 58.7% | 57.9% | 59.1% | 60.8% | 58.3% |
| — | -135.0% | -135.5% | -122.0% | +1.3% | +1.7% | +138.3% | +2.6% | -37.8% | -2.2% | -58.7% | -0.7% | +57.8% | +0.1% | +0.4% | -0.1% | +0.7% | +0.9% | +0.8% | +3.5% | +5.3% | |
| Operating Margin | 18.4% | 15.2% | 13.2% | 21.3% | 18.5% | 17.1% | 16.8% | 58.8% | 20.1% | 18.6% | 19.3% | 23.8% | 62.5% | 54.4% | 54.3% | 57.2% | 55.2% | 53.4% | 53.8% | 55.0% | 23.1% |
| — | -11.3% | -21.6% | -63.8% | -8.0% | -8.0% | -12.7% | +147.2% | -67.8% | -65.8% | -64.5% | -58.4% | +13.2% | +1.8% | +0.8% | +4.0% | +138.7% | +156.5% | +201.7% | +4.2% | +5.7% | |
| Net Margin | 8.6% | 2.0% | -0.0% | 19.9% | 4.1% | 5.0% | 5.2% | -0.6% | 7.7% | 6.5% | 10.9% | -24.3% | 2.3% | 6.5% | 5.4% | 20.6% | 10.2% | -4.7% | 49.6% | 37.2% | 18.9% |
| — | -59.1% | -100.8% | +3301.1% | -46.6% | -24.1% | -52.7% | +97.4% | +231.3% | +0.1% | +104.3% | -217.6% | -77.1% | +240.3% | -89.2% | -44.6% | -46.1% | -179.0% | +2418.9% | +51.7% | +841.0% |
| Metric | TTM | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 1.6% | 0.1% | -0.0% | 0.9% | 0.2% | 0.2% | 0.2% | -0.0% | 0.4% | 0.3% | 0.5% | -1.1% | 0.1% | 0.3% | 0.2% | 0.9% | 0.4% | -0.2% | 2.0% | 1.3% | 1.5% |
| — | -57.1% | -100.8% | +3351.8% | -45.4% | -22.8% | -52.7% | +97.5% | +229.8% | +0.9% | +112.3% | -224.5% | -75.6% | +248.5% | -88.5% | -30.9% | -71.5% | -142.1% | +1233.6% | -35.1% | +763.1% | |
| ROA | 0.9% | 0.1% | -0.0% | 0.5% | 0.1% | 0.1% | 0.1% | -0.0% | 0.2% | 0.2% | 0.3% | -0.6% | 0.1% | 0.2% | 0.1% | 0.5% | 0.2% | -0.1% | 1.2% | 0.7% | 0.6% |
| — | -58.7% | -100.8% | +3388.6% | -45.0% | -22.5% | -51.6% | +97.4% | +246.7% | +5.6% | +116.0% | -223.4% | -75.9% | +245.9% | -88.5% | -25.4% | -59.7% | -160.0% | +1745.5% | -11.3% | +867.1% | |
| ROIC | 1.6% | 0.3% | 0.3% | 0.5% | 0.4% | 0.4% | 0.3% | 1.2% | 0.4% | 0.4% | 0.4% | 0.5% | 1.2% | 1.1% | 1.0% | 1.1% | 1.0% | 1.0% | 1.0% | 0.8% | 0.6% |
| — | -10.3% | -19.9% | -62.8% | -5.2% | -5.9% | -10.8% | +155.5% | -66.3% | -63.9% | -62.4% | -56.3% | +19.5% | +6.1% | +7.1% | +39.2% | +75.7% | +91.4% | +118.9% | -39.0% | +9.7% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
| Metric | TTM | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.64 | 0.70 | 0.69 | 0.64 | 0.64 | 0.63 | 0.63 | 0.65 | 0.66 | 0.64 | 0.64 | 0.71 | 0.74 | 0.72 | 0.71 | 0.70 | 0.73 | 0.69 | 0.68 | 0.74 | 1.36 |
| — | +10.6% | +10.0% | -2.6% | -3.1% | -0.6% | -1.8% | -8.7% | -11.5% | -11.1% | -9.8% | +1.5% | +2.0% | +3.5% | +3.6% | -5.2% | -46.5% | -51.0% | -48.3% | -45.9% | -20.6% | |
| Debt / EBITDA | 6.26 | 27.07 | 28.15 | 23.16 | 24.79 | 25.69 | 26.25 | 15.29 | 26.15 | 26.94 | 26.89 | 26.66 | 16.88 | 18.15 | 19.02 | 18.10 | 19.73 | 16.30 | 16.09 | 39.49 | 32.41 |
| — | +5.4% | +7.2% | +51.4% | -5.2% | -4.6% | -2.4% | -42.6% | +54.9% | +48.4% | +41.4% | +47.3% | -14.4% | +11.3% | +18.2% | -54.2% | -39.1% | -55.7% | -55.2% | +77.3% | -15.7% | |
| Current Ratio | 0.05 | 0.27 | 0.18 | 0.31 | 0.16 | 0.17 | 0.05 | 0.16 | 0.05 | 0.14 | 0.17 | 0.35 | 0.12 | 0.13 | 0.24 | 0.08 | 0.84 | 0.13 | 0.15 | 0.12 | 0.71 |
| — | +59.6% | +244.0% | +88.8% | +223.0% | +22.6% | -68.8% | -53.0% | -56.9% | +7.7% | -29.8% | +326.7% | -86.0% | -4.4% | +61.8% | -32.9% | +17.6% | -47.9% | +160.3% | -63.8% | -49.0% | |
| Quick Ratio | 0.05 | 0.27 | 0.18 | 0.31 | 0.16 | 0.17 | 0.05 | 0.16 | 0.05 | 0.14 | 0.17 | 0.35 | 0.12 | 0.13 | 0.24 | 0.08 | 0.84 | 0.13 | 0.15 | 0.12 | 0.71 |
| — | +59.6% | +244.0% | +88.8% | +223.0% | +22.6% | -68.8% | -53.0% | -56.9% | +7.7% | -29.8% | +326.7% | -86.0% | -4.4% | +61.8% | -32.9% | +17.6% | -47.9% | +160.3% | -63.8% | -49.0% | |
| Interest Coverage | 1.73 | 1.16 | 0.99 | 2.67 | 1.34 | 1.44 | 1.44 | 1.88 | 1.69 | 1.60 | 1.87 | -0.77 | 1.18 | 1.58 | 1.54 | 1.76 | 1.72 | 0.47 | 0.13 | 1.50 | 2.33 |
| — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
Live VCP patterns, Cup & Handle overlays, support/resistance, and AI trade plans.
High-probability breakout stocks crossing their pivot across 5 pattern engines.
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying IRT stock.
Independence Realty Trust, Inc.'s current P/E is 60.8x. The average P/E over the last 3 quarters is 153.4x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Independence Realty Trust, Inc.'s current operating margin is 18.4%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Independence Realty Trust, Inc.'s business trajectory between earnings reports.