IRT vs SUI Stock Comparison

Independence Realty Trust and Sun Communities Prices as of Oct 28, 2026 Peers: Industry group
SUI Sun Communities Inc
$110.19 -1.9% 1M -10.0% 1Y
Market cap
$13.42B
P/E
–
Revenue (TTM)
$2.41B
Div. yield
0.04%
Residential REITs Real Estate
3 wins

Head to Head

8 decided of 12

Independence Realty Trust leads on 5 of the 12 questions below (Independence Realty Trust 5, Sun Communities 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionIRTSUILeader
Larger companyMarket capitalisation $3.45B $13.42B SUI
Cheaper on earningsLower P/E, profitable companies only 79.3x -17.8x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 103.3x — –
Faster revenue growthRevenue growth, trailing twelve months +3.5% +18.4% SUI
More profitableNet margin, trailing twelve months 6.5% -31.4% IRT
Better return on capitalReturn on invested capital — 3.5% –
Less leveragedLower net debt / EBITDA — 1.4x –
Higher dividend yieldTrailing dividend yield 0.05% 0.04% IRT
Better 1-year returnPrice return, last 12 months -8.4% -10.0% IRT
Better 5-year returnAnnualised price return, 5 years -9.4%/yr -10.9%/yr IRT
Less volatileAnnualised volatility, 1 year 21.9% 21.0% SUI
Higher overall scoreMean of the five percentile scores vs peers 52/100 49/100 IRT

Percentile Scorecard

IRTSUI

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisIRTSUI
Valuation 49 #74 of 145 38 #90 of 145
Growth 55 #64 of 142 34 #94 of 142
Profitability 52 #66 of 135 36 #87 of 135
Financial Health 74 #36 of 136 89 #16 of 136
Shareholder Returns 29 #93 of 131 48 #69 of 131
Overall 52 49
  • IRT ranked among 149 companies in Property REITs
  • SUI ranked among 149 companies in Property REITs

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodIRTSUISPY
1 month -1.6%-1.9% +0.9%
3 months -14.4%-13.8% +5.9%
6 months -11.2%-12.9% +8.5%
Year to date -17.3%-11.1% +13.3%
1 year -8.4%-10.0% +12.4%
3 years +18.5%+2.0% +88.1%
3 years, per year +5.8%+0.7% +23.5%
5 years -38.8%-43.8% +68.2%
5 years, per year -9.4%-10.9% +11.0%
10 years +72.3%+45.4% +263.4%
10 years, per year +5.6%+3.8% +13.8%

Risk

MeasureIRTSUISPY
Volatility, 1Y 21.9%21.0% 12.7%
Downside volatility, 1Y 23.7%21.2% 12.7%
Beta vs S&P 500, 1Y 0.16-0.07 1.00
Return / volatility, 1Y -0.38-0.47 0.98
Max drawdown, 5Y -57.1%-51.1% -25.4%
From 52-week high -18.6%-19.7% -0.9%
52-week high $17.77$137.18 $779.14
52-week low $14.46$110.01 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleIRTSUI
P/E now vs peer median 78.3xmedian 25.8x -17.6xmedian 25.8x
P/S now vs peer median 5.1xmedian 4.0x 5.5xmedian 4.0x
EV/EBITDA now vs peer median —median 14.2x 17.9xmedian 14.2x
P/FCF now vs peer median -933.4xmedian 23.0x 33.5xmedian 23.0x
P/B now vs peer median 1.0xmedian 1.3x 2.5xmedian 1.3x
PEG now vs peer median -4.99median 1.91 0.22median 1.91

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsIRTSUI
Revenue $666.83M $2.41B
Gross profit – $2.13B
Operating income – $256.50M
Net income $44.30M -$772.80M
Free cash flow -$3.65M $395.00M
EPS (diluted) $0.18 $-6.13
Cash & equivalents $46.70M $699.30M
Total debt $2.44B $1.79B
Shares (diluted) 236.04M 123.20M
Enterprise value $3.26B $11.45B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricIRTSUI
P/E 78.3x -17.6x
P/FCF -933.4x 33.5x
P/Operating cash flow 12.4x 15.4x
P/S 5.1x 5.5x
P/B 1.0x 2.5x
P/Tangible book 1.0x 2.5x
EV/EBITDA – 17.9x
EV/EBIT – 55.8x
EV/Revenue 8.7x 5.9x
EV/FCF -1,590x 36.2x
EV/Operating cash flow 21.1x 16.7x
PEG (3Y EPS CAGR) -4.99 0.22

Growth

14 metrics
MetricIRTSUI
Revenue growth (1Y) 3.5% 18.4%
Revenue CAGR (3Y) 0.9% -8.7%
Gross profit growth (1Y) – 15.2%
Gross profit CAGR (3Y) – -5.7%
Operating income growth (1Y) – 311.6%
Operating income CAGR (3Y) – 8.0%
Net income growth (1Y) 57.0% -172.3%
Net income CAGR (3Y) -14.6% -85.6%
EPS growth (1Y) 55.3% -175.0%
EPS CAGR (3Y) -15.7% -81.0%
Operating cash flow growth (1Y) 0.2% 5.1%
Operating cash flow CAGR (3Y) 1.3% 6.1%
Free cash flow growth (1Y) 98.0% -6.1%
Free cash flow CAGR (3Y) 71.2% 46.9%

Profitability

14 metrics
MetricIRTSUI
Gross margin – 88.3%
EBITDA margin – 33.2%
Operating margin – 10.6%
Pretax margin – 3.9%
Net margin 6.5% -31.4%
FCF margin -0.5% 16.4%
Operating cash flow margin 41.4% 35.5%
Return on equity 1.3% -14.2%
Return on assets 0.7% -7.5%
Return on invested capital – 3.5%
Return on capital employed – –
Asset turnover 0.1x 0.2x
Cash conversion (OCF / net income) 6.2x -1.1x
Stock comp / revenue 1.2% –

Financial Health

11 metrics
MetricIRTSUI
Debt / assets 40.1% 18.2%
Debt / equity 0.7x 0.3x
Net debt / EBITDA – 1.4x
Debt / FCF -669.1x 4.5x
Liabilities / assets 42.8% 46.1%
Equity / assets 57.2% 53.9%
Interest coverage – 1.6x
Current ratio – –
Quick ratio – –
Cash ratio – –
Altman Z-score – –

Shareholder Returns

7 metrics
MetricIRTSUI
Dividend yield 4.8% 4.0%
Net buyback yield -2.4% 4.2%
Shareholder yield 2.4% 8.2%
Payout ratio (earnings) 363.2% -71.7%
Payout ratio (FCF) -4,405% 140.3%
Dividend growth (1Y) 10.2% -46.4%
Dividend CAGR (3Y) 8.7% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusIRTSUI
Forward P/E 103.3xFY2026 –
EPS, next fiscal year $0.14FY2026 $-5.88FY2026
EPS growth, next FY -41.7%FY2026 -154.2%FY2026
EPS growth, the year after +50.0% –
Revenue, next fiscal year $637.39MFY2026 $2.04BFY2026
Revenue growth, next FY -2.9%FY2026 -11.5%FY2026
Revenue growth, the year after +20.7% -4.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersIRTSUI
Held by institutions 98.8% 100.0%
Institutions holding 395 530
Change in shares held, QoQ +2.0% +6.1%
Institutions buying 189 258
Institutions selling 140 197
Buyers to sellers 1.35 1.31

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

IRTSUI
IRT 1.00 0.56
SUI 0.56 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, IRT and SUI?

Sun Communities (SUI) is the largest by market capitalisation: Independence Realty Trust (IRT) $3.45B, Sun Communities (SUI) $13.42B.

Which company is growing faster?

Sun Communities (SUI) grew revenue fastest over the trailing twelve months: Independence Realty Trust (IRT) +3.5%, Sun Communities (SUI) +18.4%.

Which company is more profitable?

Independence Realty Trust (IRT) has the highest net margin (Independence Realty Trust (IRT) 6.5%, Sun Communities (SUI) -31.4%).

Which stock has performed better?

Over the past year Independence Realty Trust (IRT) returned the most: Independence Realty Trust (IRT) -8.4%, Sun Communities (SUI) -10.0%. Over five years, Independence Realty Trust (IRT) compounded fastest (Independence Realty Trust (IRT) -9.4%/yr, Sun Communities (SUI) -10.9%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Independence Realty Trust (IRT) has the highest dividend yield: Independence Realty Trust (IRT) 0.05%, Sun Communities (SUI) 0.04%.

Which stock is riskier?

By one-year price volatility, Sun Communities (SUI) has been the steadiest (Independence Realty Trust (IRT) 21.9%, Sun Communities (SUI) 21.0%). Volatility measures how widely the price swings, not the risk of the business.

Do IRT and SUI move together?

Their daily returns over the past year have a correlation of 0.56, a moderate positive relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, IRT and SUI?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Independence Realty Trust (IRT) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.