{ "ok": true, "cik": "1466085", "ticker": "IRT", "name": "INDEPENDENCE REALTY TRUST, INC.", "filings": [ { "form": "8-K", "filed": "2026-09-09", "items": [ "1.01 Entry into a Material Definitive Agreement", "5.02 Departure or Election of Directors; Appointment of Officers", "7.01 Regulation FD Disclosure", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1466085/000143774926029903/0001437749-26-029903-index.htm" }, { "form": "10-Q", "filed": "2026-08-04", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/1466085/000143774926025677/0001437749-26-025677-index.htm" }, { "form": "8-K", "filed": "2026-08-03", "items": [ "2.02 Results of Operations and Financial Condition", "7.01 Regulation FD Disclosure", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1466085/000143774926025436/0001437749-26-025436-index.htm" }, { "form": "8-K", "filed": "2026-06-12", "items": [ "1.02 Termination of a Material Definitive Agreement" ], "url": "https://www.sec.gov/Archives/edgar/data/1466085/000143774926020495/0001437749-26-020495-index.htm" }, { "form": "8-K", "filed": "2026-06-01", "items": [ "7.01 Regulation FD Disclosure", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1466085/000143774926018924/0001437749-26-018924-index.htm" }, { "form": "8-K", "filed": "2026-05-13", "items": [ "5.07 Submission of Matters to a Vote of Security Holders" ], "url": "https://www.sec.gov/Archives/edgar/data/1466085/000143774926016730/0001437749-26-016730-index.htm" } ], "events12m": 13, "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001466085.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1466085" }, "license": "Figures as filed with the SEC. Card text CC BY 4.0, POPS4.", "notAdvice": "Reporting, not investment advice. No price targets, no buy or sell views.", "edgar": "🫧 Edgar looked up INDEPENDENCE REALTY TRUST, INC. ($IRT). Last filing: 8-K (1.01 Entry into a Material Definitive Agreement), 2026-09-09. 13 event filings (8-K) in the past twelve months.", "auditor": { "changes": [], "nonReliance": [], "restatedSince": null }, "metrics": { "fiscalYearEnd": "2025-12-31", "revenue": 657696000, "revenueGrowth1y": 0.027593803463872968, "revenueGrowthPerYear": 0.2732447991621785, "yearsOfData": 5, "operatingMargin": null, "operatingMarginPrior": null, "netMargin": 0.08774114484503479, "operatingCashFlow": 282149000, "capitalSpending": null, "freeCashFlow": null, "researchAndDevelopment": null, "researchShareOfRevenue": null, "cash": 23564000, "longTermDebt": 2281475000, "longTermDebtChange": -0.02237150461309445, "revenueHistory": [ { "fiscalYearEnd": "2021-12-31", "revenue": 250252000 }, { "fiscalYearEnd": "2022-12-31", "revenue": 628525000 }, { "fiscalYearEnd": "2023-12-31", "revenue": 660983000 }, { "fiscalYearEnd": "2024-12-31", "revenue": 640035000 }, { "fiscalYearEnd": "2025-12-31", "revenue": 657696000 } ], "totalEquity": 3459936000, "totalAssets": 6021750000, "equityRatio": 0.5745731722505916, "returnOnEquity": 0.016678632205913636, "dividendsPaid": 154391000, "payoutRatio": 2.675429323998822, "dividendPerShare": 0.67, "dividendYearsRising": 4, "dividendCut": false, "priceBased": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown.", "range80": { "low": 529900781.22980803, "high": 851683836.7687001, "baseline": 671780909.266998, "n": 4309, "band": "b01" }, "ifPaceHeld": { "low": 529900781.22980803, "high": 851683836.7687001 } }, "edgarette": "🔖 Exposure: revenue $657.7M (FY2025), total debt $2.3B. Experience: revenue up 2.8% on the year, up 27.3% a year over 4 years. Soundness: equity 57.5% of assets, return on equity 1.7%, payout 267.5% of profit, dividend per share up 4 years running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $529.9M and $851.7M next year (method v3, set from 4,309 SEC company-years; on a year the method never saw, 83% landed inside). A range, not a forecast. Against peers (79 filers, $50M+ revenue, real estate investment trusts): growth 2.8% against 3.7%.", "peers": { "sic": 6798, "sicDescription": "Real Estate Investment Trusts", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "6798", "growth": [ 0.0366, 157 ], "opMargin": [ 0.2474, 79 ], "equityRatio": [ 0.3883, 154 ], "returnOnEquity": [ 0.0254, 128 ], "payoutRatio": [ 1.5128, 81 ] }, "summary": "Independence Realty Trust (IRT) grew revenue 2.8% in FY2025 to $658 million, equity 57.5% of assets, and dividend per share up 4 years running. Every figure is from the company’s own annual report filed with the SEC.", "chart": "
INDEPENDENCE REALTY TRUST, INC. against its own record and its peers
Revenue, on the yearPeer median 3.7%2.8%Equity of assetsPeer median 38.8%57.5%Return on equityPeer median 2.5%1.7%Payout of profitPeer median 151.3%267.5%Gold tick: the median of 81–154 peers with $50M+ revenue in real estate investment trusts
", "chartHorizon": "
Handed back now, or kept to compound
Of each dollar of profit120.0% paid outMore was paid out than was earned in the year.Handed back per share$0.67up 4 years runningGrowth its own profit can fund0.0%retained x return on equityRevenue growth it managed2.8%last year, for comparison

Gold is paid out to shareholders; navy is kept in the business. Retained profit times return on equity is the pace a company can fund from itself. Facts from the filings, not a recommendation.

", "backtest": { "tests": 12, "hits": 6, "rate": 0.5, "method": "v3", "note": "hindsight: past years, same calibrated range. The range was calibrated on 2022-2024 SEC data, so years in that window are partly in-sample." }, "registry": { "logged": "2026-09-20T14:19:58.667Z", "hash": "f8a80f6b3314fc55", "status": "open" }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "schema": "pops4.edgarette.card/1", "card": { "summary": "Independence Realty Trust (IRT) grew revenue 2.8% in FY2025 to $658 million, equity 57.5% of assets, and dividend per share up 4 years running. Every figure is from the company’s own annual report filed with the SEC.", "exposure": { "fiscalYearEnd": "2025-12-31", "revenue": 657696000, "totalDebt": 2281475000, "cash": 23564000 }, "experience": { "revenueGrowth1y": 0.027593803463872968, "revenueGrowthPerYear": 0.2732447991621785, "operatingMargin": null, "operatingMarginPrior": null, "netMargin": 0.08774114484503479, "freeCashFlow": null }, "soundness": { "equityRatio": 0.5745731722505916, "returnOnEquity": 0.016678632205913636, "payoutRatio": 2.675429323998822, "dividendPerShare": 0.67, "dividendYearsRising": 4, "dividendCut": false, "note": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown." }, "peers": { "sic": 6798, "sicDescription": "Real Estate Investment Trusts", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "6798", "growth": [ 0.0366, 157 ], "opMargin": [ 0.2474, 79 ], "equityRatio": [ 0.3883, 154 ], "returnOnEquity": [ 0.0254, 128 ], "payoutRatio": [ 1.5128, 81 ] }, "credibility": { "auditedYears": 5, "weight": "reasonable", "standard": "ASOP No. 25", "nonReliance": null, "auditorChange": null }, "range": { "low": 529900781.22980803, "high": 851683836.7687001, "baseline": 671780909.266998, "coverage": 0.8, "method": "v3", "basis": "next fiscal year revenue: baseline = revenue x (1 + mean of one-year and three-year pace); range = 10th to 90th percentile of how SEC company-years of the same size band actually turned out", "calibratedOn": { "companyYears": 4309, "sizeBand": "b01" }, "kind": "a calibrated range, not a forecast; no view on the share price", "track": { "backtest": { "tests": 12, "hits": 6, "rate": 0.5, "method": "v3", "note": "hindsight: past years, same calibrated range. The range was calibrated on 2022-2024 SEC data, so years in that window are partly in-sample." }, "registry": { "logged": "2026-09-20T14:19:58.667Z", "hash": "f8a80f6b3314fc55", "status": "open" }, "scorecard": "https://www.pops4.com/boards/scorecard" } }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001466085.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1466085" } }, "definitions": { "operatingMargin": "Operating income divided by revenue.", "netMargin": "Net income divided by revenue.", "freeCashFlow": "Cash from operations minus spending on property and equipment.", "researchShareOfRevenue": "Research and development expense for the year as a share of revenue, both as filed.", "equityRatio": "Shareholders equity as a share of total assets, both as filed. Higher means less of the company is owed to someone else.", "returnOnEquity": "Net income for the year against shareholders equity at year end.", "payoutRatio": "Dividends paid as a share of net income, in the year the cash went out.", "dividendYearsRising": "Consecutive years, counted back from the last on record, in which dividend per share rose. A fall ends the run and is reported as dividendCut.", "revenueGrowthPerYear": "Compound annual growth between the first and latest fiscal years shown.", "credibility": "How much weight a record deserves, in the actuarial sense (ASOP No. 25): more audited years, more weight.", "peers": "Medians of SEC filers with $50M+ revenue in the same industry code (SIC), narrowest group with at least 8 filers, calendar-year figures from SEC XBRL frames.", "backtest": "The same if-the-pace-held arithmetic applied to the company's own past years, scored against what it actually reported next. Hindsight, and labelled so." } }