IRT vs UDR vs CPT Stock Comparison

Independence Realty Trust, Udr and Camden Property Trust Prices as of Nov 2, 2026 Peers: Industry group
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UDR UDR, Inc.
$35.92 +7.9% 1M +6.6% 1Y
Market cap
$11.54B
P/E
22.5x
Revenue (TTM)
$1.72B
Div. yield
3.95%
Residential REITs Real Estate
6 wins
CPT Camden Property Trust
$101.71 +6.0% 1M +2.2% 1Y
Market cap
$10.23B
P/E
31.9x
Revenue (TTM)
$13.12M
Div. yield
4.16%
Residential REITs Real Estate
3 wins

Head to Head

10 decided of 12

Udr leads on 6 of the 12 questions below (Udr 6, Camden Property Trust 3, Independence Realty Trust 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionIRTUDRCPTLeader
Larger companyMarket capitalisation $3.52B $11.54B $10.23B UDR
Cheaper on earningsLower P/E, profitable companies only 80.9x 22.5x 31.9x UDR
Cheaper on forward earningsLower price / next fiscal year consensus EPS 106.8x 34.2x 98.7x UDR
Faster revenue growthRevenue growth, trailing twelve months +3.5% +1.5% +56.8% CPT
More profitableNet margin, trailing twelve months 6.5% 30.1% 2,486.2% CPT
Better return on capitalReturn on invested capital — 7.9% — –
Less leveragedLower net debt / EBITDA — 4.2x — –
Higher dividend yieldTrailing dividend yield 4.68% 3.95% 4.16% IRT
Better 1-year returnPrice return, last 12 months -6.2% +6.6% +2.2% UDR
Better 5-year returnAnnualised price return, 5 years -9.3%/yr -8.2%/yr -9.0%/yr UDR
Less volatileAnnualised volatility, 1 year 21.2% 20.7% 19.6% CPT
Higher overall scoreMean of the five percentile scores vs peers 53/100 57/100 52/100 UDR

Percentile Scorecard

IRTUDRCPT

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

AxisIRTUDRCPT
Valuation 50 #73 of 145 42 #85 of 145 13 #127 of 145
Growth 55 #65 of 144 59 #59 of 144 73 #39 of 144
Profitability 53 #67 of 140 96 #7 of 140 48 #74 of 140
Financial Health 77 #35 of 146 37 #93 of 146 35 #96 of 146
Shareholder Returns 31 #92 of 132 53 #62 of 132 90 #14 of 132
Overall 53 57 52
  • IRT ranked among 149 companies in Property REITs
  • UDR ranked among 149 companies in Property REITs
  • CPT ranked among 149 companies in Property REITs

Price Performance

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

Returns

PeriodIRTUDRCPTSPY
1 month +3.0%+7.9%+6.0% -2.3%
3 months -10.8%-7.2%-8.1% -0.7%
6 months -9.2%-1.2%-2.6% +4.8%
Year to date -14.5%-2.1%-7.6% +10.3%
1 year -6.2%+6.6%+2.2% +10.3%
3 years +9.6%+8.0%+12.3% +73.0%
3 years, per year +3.1%+2.6%+3.9% +20.1%
5 years -38.5%-34.9%-37.7% +61.9%
5 years, per year -9.3%-8.2%-9.0% +10.1%
10 years +90.7%+4.3%+26.0% +258.6%
10 years, per year +6.7%+0.4%+2.3% +13.6%

Risk

MeasureIRTUDRCPTSPY
Volatility, 1Y 21.2%20.7%19.6% 12.8%
Downside volatility, 1Y 22.9%20.0%19.7% 12.8%
Beta vs S&P 500, 1Y 0.180.130.09 1.00
Return / volatility, 1Y -0.290.320.11 0.80
Max drawdown, 5Y -57.1%-48.3%-53.0% -25.4%
From 52-week high -15.9%-12.9%-13.5% -3.5%
52-week high $17.77$41.24$117.53 $779.14
52-week low $14.46$33.28$95.82 $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.

MultipleIRTUDRCPT
P/E now vs peer median 80.9xmedian 26.3x 22.5xmedian 26.3x 31.9xmedian 26.3x
P/S now vs peer median 5.3xmedian 4.2x 6.7xmedian 4.2x 779.4xmedian 4.2x
EV/EBITDA now vs peer median —median 14.4x 12.7xmedian 14.4x —median 14.4x
P/FCF now vs peer median -965.0xmedian 23.9x 33.2xmedian 23.9x -48.3xmedian 23.9x
P/B now vs peer median 1.0xmedian 1.3x 3.9xmedian 1.3x 2.6xmedian 1.3x
PEG now vs peer median -5.15median 1.98 3.53median 1.98 1.71median 1.98

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 monthsIRTUDRCPT
Revenue $666.83M $1.72B $13.12M
Operating income – $699.68M –
Net income $44.30M $557.97M $336.62M
Free cash flow -$3.65M $347.44M -$211.62M
EPS (diluted) $0.18 $1.60 $3.19
Cash & equivalents $46.70M $1.19M $44.72M
Total debt $2.44B $5.81B $4.85B
Shares (diluted) 236.04M 323.29M 102.36M
Enterprise value $3.46B $12.44B $10.17B

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
MetricIRTUDRCPT
P/E 80.9x 22.5x 31.9x
P/FCF -965.0x 33.2x -48.3x
P/Operating cash flow 12.8x 13.0x 12.7x
P/S 5.3x 6.7x 779.4x
P/B 1.0x 3.9x 2.6x
P/Tangible book 1.0x 3.9x 2.6x
EV/EBITDA – 12.7x –
EV/EBIT – 24.8x –
EV/Revenue 8.9x 10.1x 1,145x
EV/FCF -1,621x 49.9x -71.0x
EV/Operating cash flow 21.5x 19.6x 18.6x
PEG (3Y EPS CAGR) -5.15 3.53 1.71

Growth

14 metrics
MetricIRTUDRCPT
Revenue growth (1Y) 3.5% 1.5% 56.8%
Revenue CAGR (3Y) 0.9% 2.5% 66.5%
Gross profit growth (1Y) – – –
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) – 108.4% –
Operating income CAGR (3Y) – 4.4% –
Net income growth (1Y) 57.0% 296.1% 108.1%
Net income CAGR (3Y) -14.6% 5.5% 16.0%
EPS growth (1Y) 55.3% 317.5% 123.5%
EPS CAGR (3Y) -15.7% 6.4% 18.7%
Operating cash flow growth (1Y) 0.2% 1.1% 1.8%
Operating cash flow CAGR (3Y) 1.3% 2.2% 1.1%
Free cash flow growth (1Y) 98.0% -38.3% -377.3%
Free cash flow CAGR (3Y) 71.2% -1.9% -36.7%

Profitability

14 metrics
MetricIRTUDRCPT
Gross margin – – –
EBITDA margin – 79.8% –
Operating margin – 40.8% –
Pretax margin – 32.6% –
Net margin 6.5% 30.1% 2,486%
FCF margin -0.5% 20.2% -1,613%
Operating cash flow margin 41.4% 51.7% 6,154%
Return on equity 1.3% 17.9% 8.4%
Return on assets 0.7% 5.4% 3.6%
Return on invested capital – 7.9% –
Return on capital employed – – –
Asset turnover 0.1x 0.2x 0.0x
Cash conversion (OCF / net income) 6.2x 1.6x 2.4x
Stock comp / revenue 1.2% 1.6% 128.3%

Financial Health

11 metrics
MetricIRTUDRCPT
Debt / assets 40.1% 56.6% 51.3%
Debt / equity 0.7x 2.0x 1.3x
Net debt / EBITDA – 4.2x –
Debt / FCF -669.1x 16.7x -22.9x
Liabilities / assets 42.8% 71.4% 59.0%
Equity / assets 57.2% 28.6% 41.0%
Interest coverage – 3.6x –
Current ratio – – –
Quick ratio – – –
Cash ratio – – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricIRTUDRCPT
Dividend yield 4.7% 4.0% 4.2%
Net buyback yield -2.3% 3.6% 6.6%
Shareholder yield 2.3% 7.6% 10.8%
Payout ratio (earnings) 363.2% 101.7% –
Payout ratio (FCF) -4,405% 163.4% –
Dividend growth (1Y) 10.2% 0.7% –
Dividend CAGR (3Y) 8.7% 3.6% –

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.

ConsensusIRTUDRCPT
Forward P/E 106.8xFY2026 34.2xFY2026 98.7xFY2026
EPS, next fiscal year $0.14FY2026 $1.05FY2026 $1.03FY2026
EPS growth, next FY -41.7%FY2026 -7.1%FY2026 -70.9%FY2026
EPS growth, the year after +50.0% -41.9% -8.7%
Revenue, next fiscal year $637.39MFY2026 $1.77BFY2026 $1.60BFY2026
Revenue growth, next FY -2.9%FY2026 +4.0%FY2026 +2.1%FY2026
Revenue growth, the year after +20.7% +0.9% -8.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersIRTUDRCPT
Held by institutions 98.8% 100.0% 100.0%
Institutions holding 397 525 576
Change in shares held, QoQ +2.0% +4.9% -0.4%
Institutions buying 189 243 267
Institutions selling 142 207 213
Buyers to sellers 1.33 1.17 1.25

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.

IRTUDRCPT
IRT 1.00 0.78 0.81
UDR 0.78 1.00 0.87
CPT 0.81 0.87 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, IRT, UDR and CPT?

Udr (UDR) is the largest by market capitalisation: Independence Realty Trust (IRT) $3.52B, Udr (UDR) $11.54B, Camden Property Trust (CPT) $10.23B.

Which stock is cheaper, IRT, UDR and CPT?

Udr (UDR) trades on the lowest price-to-earnings ratio (Independence Realty Trust (IRT) 80.9x, Udr (UDR) 22.5x, Camden Property Trust (CPT) 31.9x). On next year's consensus earnings, Udr (UDR) is cheapest (Independence Realty Trust (IRT) 106.8x, Udr (UDR) 34.2x, Camden Property Trust (CPT) 98.7x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Camden Property Trust (CPT) grew revenue fastest over the trailing twelve months: Independence Realty Trust (IRT) +3.5%, Udr (UDR) +1.5%, Camden Property Trust (CPT) +56.8%.

Which company is more profitable?

Camden Property Trust (CPT) has the highest net margin (Independence Realty Trust (IRT) 6.5%, Udr (UDR) 30.1%, Camden Property Trust (CPT) 2,486.2%).

Which stock has performed better?

Over the past year Udr (UDR) returned the most: Independence Realty Trust (IRT) -6.2%, Udr (UDR) +6.6%, Camden Property Trust (CPT) +2.2%. Over five years, Udr (UDR) compounded fastest (Independence Realty Trust (IRT) -9.3%/yr, Udr (UDR) -8.2%/yr, Camden Property Trust (CPT) -9.0%/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) 4.68%, Udr (UDR) 3.95%, Camden Property Trust (CPT) 4.16%.

Which stock is riskier?

By one-year price volatility, Camden Property Trust (CPT) has been the steadiest (Independence Realty Trust (IRT) 21.2%, Udr (UDR) 20.7%, Camden Property Trust (CPT) 19.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, IRT, UDR and CPT?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Udr (UDR) leads on 6. 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.