Company
Independence Realty Trust, Inc.
Headquarters: Philadelphia, PA, United States
Employees: 937
CEO: Mr. Scott F. Schaeffer
Market Cap
$4.34 Billion
USD as of Jan. 1, 2025
Independence Realty Trust, Inc. Categories
United States Real Estate REIT—ResidentialUnited States Real Estate United States REIT—Residential
Top Competitors by Market Capitalization
Industry: REIT—Residential
| Company | Market Cap (USD) |
|---|---|
| AvalonBay Communities, Inc. | $30.41 B |
| Equity Residential | $26.67 B |
| Invitation Homes Inc. | $18.70 B |
| Essex Property Trust, Inc. | $18.49 B |
| American Campus Communities, Inc. | $18.13 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Prologis, Inc. | $109.79 B |
| Equinix, Inc. (REIT) | $90.79 B |
| American Tower | $87.10 B |
| Welltower Inc. | $82.34 B |
| Simon Property Group, Inc. | $65.66 B |
Detailed Description
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.
Financials
| Last Financial Reports Date | Sept. 30, 2024 |
| Revenue TTM | $641.6 M |
| EBITDA | $347.6 M |
| Gross Profit TTM | $371.3 M |
| Profit Margin | -0.03% |
| Operating Margin | 20.10% |
| Quarterly Revenue Growth | -5.00% |
Stocks & Indices
Independence Realty Trust, Inc. has the following listings and related stock indices.
Stock: NYSE: IRT wb_incandescent
Stock: FSX: 5O2 wb_incandescent