Independence Realty Trust Net Income

IRT Stock  USD 16.51  0.25  1.54%   
As of the 4th of February, Independence Realty retains the Risk Adjusted Performance of 0.0589, downside deviation of 1.33, and Market Risk Adjusted Performance of 0.1923. Independence Realty technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.

Independence Realty Total Revenue

772.84 Million

Analyzing historical trends in various income statement and balance sheet accounts from Independence Realty's financial statements helps investors evaluate the company's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Independence Realty's valuation are summarized below:
Gross Profit
397.1 M
Profit Margin
0.0336
Market Capitalization
B
Enterprise Value Revenue
9.456
Revenue
662.9 M
There are currently one hundred twenty fundamental trends for Independence Realty Trust that can be evaluated and compared over time across competitors. All traders should confirm Independence Realty's regular fundamentals against the performance from 2010 to 2026 and make sure the trends continue to evolve in the right direction. Market Cap is likely to gain to about 3.2 B in 2026. Enterprise Value is likely to gain to about 5.6 B in 2026 This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
Last ReportedProjected for Next Year
Net Income46 M24.4 M
Net Income From Continuing Ops46 M38.1 M
Net Income Applicable To Common Shares45.2 M25.4 M
Net Income Per Share 0.16  0.18 
Net Income Per E B T 0.88  0.65 
Net Income Per Share is likely to gain to 0.18 in 2026, whereas Net Income is likely to drop slightly above 24.4 M in 2026.
  
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The evolution of Net Income for Independence Realty Trust provides essential context for understanding the company's financial health trajectory. By analyzing this metric's behavior over time, investors can assess whether recent trends align with long-term patterns, and how Independence Realty compares to historical norms and industry peers.

Latest Independence Realty's Net Income Growth Pattern

Below is the plot of the Net Income of Independence Realty Trust over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Independence Realty Trust financial statement analysis. It represents the amount of money remaining after all of Independence Realty Trust operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Independence Realty's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Independence Realty's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 40.03 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Independence Net Income Regression Statistics

Arithmetic Mean23,041,766
Geometric Mean6,369,126
Coefficient Of Variation137.17
Mean Deviation22,734,753
Median23,675,647
Standard Deviation31,606,253
Sample Variance999T
Range134.5M
R-Value0.48
Mean Square Error820.5T
R-Squared0.23
Significance0.05
Slope3,001,693
Total Sum of Squares15983.3T

Independence Net Income History

202623.7 M
202545.2 M
202439.3 M
2023-17.2 M
2022117.2 M
202144.6 M
202014.8 M

Other Fundumenentals of Independence Realty Trust

Independence Realty Net Income component correlations

Independence Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Independence Realty is extremely important. It helps to project a fair market value of Independence Stock properly, considering its historical fundamentals such as Net Income. Since Independence Realty's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Independence Realty's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Independence Realty's interrelated accounts and indicators.
Is there potential for Multi-Family Residential REITs market expansion? Will Independence introduce new products? Factors like these will boost the valuation of Independence Realty. Market participants price Independence higher when confident in its future expansion prospects. Understanding fair value requires weighing current performance against future potential. All the valuation information about Independence Realty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.41)
Dividend Share
0.66
Earnings Share
0.09
Revenue Per Share
2.873
Quarterly Revenue Growth
0.11
Understanding Independence Realty Trust requires distinguishing between market price and book value, where the latter reflects Independence's accounting equity. The concept of intrinsic value - what Independence Realty's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Market sentiment, economic cycles, and investor behavior can push Independence Realty's price substantially above or below its fundamental value.
Please note, there is a significant difference between Independence Realty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Independence Realty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, Independence Realty's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.

Independence Realty 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Independence Realty's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Independence Realty.
0.00
11/06/2025
No Change 0.00  0.0 
In 3 months and 1 day
02/04/2026
0.00
If you would invest  0.00  in Independence Realty on November 6, 2025 and sell it all today you would earn a total of 0.00 from holding Independence Realty Trust or generate 0.0% return on investment in Independence Realty over 90 days. Independence Realty is related to or competes with Tanger Factory, Public Storage, Americold Realty, EPR Properties, Sunstone Hotel, Broadstone Net, and Digitalbridge. is a real estate investment trust that owns and operates multifamily apartment properties across non-gateway U.S More

Independence Realty Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Independence Realty's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Independence Realty Trust upside and downside potential and time the market with a certain degree of confidence.

Independence Realty Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Independence Realty's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Independence Realty's standard deviation. In reality, there are many statistical measures that can use Independence Realty historical prices to predict the future Independence Realty's volatility.
Hype
Prediction
LowEstimatedHigh
15.3016.5117.72
Details
Intrinsic
Valuation
LowRealHigh
15.4016.6117.82
Details
Naive
Forecast
LowNextHigh
15.2116.4317.64
Details
14 Analysts
Consensus
LowTargetHigh
18.9520.8223.11
Details

Independence Realty February 4, 2026 Technical Indicators

Independence Realty Trust Backtested Returns

Currently, Independence Realty Trust is very steady. Independence Realty Trust holds Efficiency (Sharpe) Ratio of 0.0636, which attests that the entity had a 0.0636 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Independence Realty Trust, which you can use to evaluate the volatility of the firm. Please check out Independence Realty's Downside Deviation of 1.33, risk adjusted performance of 0.0589, and Market Risk Adjusted Performance of 0.1923 to validate if the risk estimate we provide is consistent with the expected return of 0.0773%. Independence Realty has a performance score of 5 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.45, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Independence Realty's returns are expected to increase less than the market. However, during the bear market, the loss of holding Independence Realty is expected to be smaller as well. Independence Realty Trust right now retains a risk of 1.21%. Please check out Independence Realty downside variance, and the relationship between the total risk alpha and daily balance of power , to decide if Independence Realty will be following its current trending patterns.

Auto-correlation

    
  -0.41  

Modest reverse predictability

Independence Realty Trust has modest reverse predictability. Overlapping area represents the amount of predictability between Independence Realty time series from 6th of November 2025 to 21st of December 2025 and 21st of December 2025 to 4th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Independence Realty Trust price movement. The serial correlation of -0.41 indicates that just about 41.0% of current Independence Realty price fluctuation can be explain by its past prices.
Correlation Coefficient-0.41
Spearman Rank Test-0.37
Residual Average0.0
Price Variance0.13
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Independence Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

21.55 Million

At this time, Independence Realty's Accumulated Other Comprehensive Income is comparatively stable compared to the past year.
Based on the recorded statements, Independence Realty Trust reported net income of 40.03 M. This is 83.93% lower than that of the Residential REITs sector and significantly higher than that of the Real Estate industry. The net income for all United States stocks is 92.99% higher than that of the company.

Independence Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Independence Realty's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Independence Realty could also be used in its relative valuation, which is a method of valuing Independence Realty by comparing valuation metrics of similar companies.
Independence Realty is currently under evaluation in net income category among its peers.

Independence Realty Current Valuation Drivers

We derive many important indicators used in calculating different scores of Independence Realty from analyzing Independence Realty's financial statements. These drivers represent accounts that assess Independence Realty's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Independence Realty's important valuation drivers and their relationship over time.
202120222023202420252026 (projected)
Market Cap1.3B2.8B3.7B3.4B3.1B3.2B
Enterprise Value2.2B5.5B6.4B6.0B5.4B5.6B

Independence Realty ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Independence Realty's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Independence Realty's managers, analysts, and investors.
Environmental
Governance
Social

Independence Realty Institutional Holders

Institutional Holdings refers to the ownership stake in Independence Realty that is held by large financial organizations, pension funds or endowments. Institutions may hold large blocks of Independence Realty's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Independence Realty's value.
Shares
Charles Schwab Investment Management Inc2025-06-30
3.7 M
Deutsche Bank Ag2025-06-30
3.5 M
Frontier Capital Management Co Inc2025-06-30
3.5 M
Northern Trust Corp2025-06-30
3.4 M
Dimensional Fund Advisors, Inc.2025-06-30
3.2 M
Cbre Investment Management Listed Real Assets Llc2025-06-30
M
Goldman Sachs Group Inc2025-06-30
2.8 M
Citadel Advisors Llc2025-06-30
2.3 M
Bamco Inc2025-06-30
2.3 M
Blackrock Inc2025-06-30
34.2 M
Vanguard Group Inc2025-06-30
33.1 M

Independence Fundamentals

About Independence Realty Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Independence Realty Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Independence Realty using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Independence Realty Trust based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Additional Tools for Independence Stock Analysis

When running Independence Realty's price analysis, check to measure Independence Realty's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Independence Realty is operating at the current time. Most of Independence Realty's value examination focuses on studying past and present price action to predict the probability of Independence Realty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Independence Realty's price. Additionally, you may evaluate how the addition of Independence Realty to your portfolios can decrease your overall portfolio volatility.