FMP
Independence Realty Trust, Inc.
IRT
NYSE
Independence Realty Trust, Inc. (NYSE: IRT) is a real estate investment trust that owns and operates multifamily apartment properties across non-gateway U.S. markets, including Atlanta, Louisville, Memphis, and Raleigh. IRT's investment strategy is focused on gaining scale within key amenity rich submarkets that offer good school districts, high-quality retail and major employment centers. IRT aims to provide stockholders attractive risk-adjusted returns through diligent portfolio management, strong operational performance, and a consistent return on capital through distributions and capital appreciation.
20.98 USD
0.41 (1.95%)
IRT Financial Statements
Year
2024
2023
2022
2021
CF from Operating Activities
259.75M
262.17M
249.54M
52.26M
Net Income
40.03M
-17.23M
120.66M
45.53M
Depreciation & Amortization
220.85M
218.97M
252.85M
76.91M
Deferred Income Taxes
0
0
0
-76.14M
Stock Based Compensation
7.08M
7.66M
7.89M
7.23M
Change in Working Capital
-15.55M
-13.77M
-6.36M
-2.77M
Accounts Receivable
0
0
0
0
Inventory
0
0
0
0
Accounts Payable
-7.09M
-3.23M
-2.5M
-3.63M
Other Working Capital
-8.46M
-10.54M
-3.86M
863k
Other Non-Cash Items
7.34M
66.54M
-125.51M
1.5M
CF from Investing Activities
-20.61M
-1.71M
-135.77M
-216.12M
Investments in Property, Plant & Equipment
-118.25M
-146.63M
-83.98M
-42.97M
Net Acquisitions
-2.58M
2.15M
-60.8M
-211.12M
Investment Purchases
0
0
-324.33M
-164.51M
Sales/Maturities of Investments
0
0
253.56M
177.49M
Other Investing Activites
100.23M
142.77M
79.78M
25M
CF from Financing Activities
-246.43M
-253.74M
-135.43M
215.92M
Debt Repayment
-204.79M
-109.94M
-771.89M
-627.66M
Common Stock Issued
111.3M
0
48.65M
317.02M
Common Stock Repurchased
-2.6M
-5.16M
-5.97M
-2.93M
Dividends Paid
-144.02M
-134.87M
-105.83M
-49.83M
Other Financing Activites
-6.32M
-3.77M
-7.89M
289.36M
Free Cash Flow
84.69M
115.54M
165.56M
9.28M
Operating Cash Flow
259.75M
262.17M
249.54M
52.26M
Capital Expenditures
-175.06M
-146.63M
-83.98M
-42.97M
Cash at Beginning of Period
50.73M
44.02M
65.67M
13.62M
Cash at End of Period
43.45M
50.73M
44.02M
65.67M
Net Change In Cash
-7.28M
6.71M
-21.65M
52.06M
All figures are in USD.
