IRT vs VMRK vs ELS Stock Comparison

Independence Realty Trust, Vivmark Residential and Equity Lifestyle Properties Prices as of Oct 28, 2026 Peers: Industry group
VMRK Vivmark Residential
$60.89 -0.8% 1M -0.9% 1Y
Market cap
$22.83B
P/E
26.1x
Revenue (TTM)
—
Div. yield
1.15%
Residential REITs Real Estate
6 wins

Head to Head

12 decided of 12

Vivmark Residential leads on 6 of the 12 questions below (Vivmark Residential 6, Equity Lifestyle Properties 4, Independence Realty Trust 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionIRTVMRKELSLeader
Larger companyMarket capitalisation $3.41B $22.83B $11.25B VMRK
Cheaper on earningsLower P/E, profitable companies only 78.3x 26.1x 28.7x VMRK
Cheaper on forward earningsLower price / next fiscal year consensus EPS 103.3x 51.6x 27.5x ELS
Faster revenue growthRevenue growth, trailing twelve months +3.5% — +3.2% IRT
More profitableNet margin, trailing twelve months 6.5% — 24.8% ELS
Better return on capitalReturn on invested capital — 6.2% 7.8% ELS
Less leveragedLower net debt / EBITDA — 4.0x 5.2x VMRK
Higher dividend yieldTrailing dividend yield 4.84% 1.15% 3.68% IRT
Better 1-year returnPrice return, last 12 months -8.4% -0.9% -4.5% VMRK
Better 5-year returnAnnualised price return, 5 years -9.4%/yr -6.8%/yr -7.3%/yr VMRK
Less volatileAnnualised volatility, 1 year 21.9% 21.3% 18.7% ELS
Higher overall scoreMean of the five percentile scores vs peers 52/100 54/100 50/100 VMRK

Percentile Scorecard

IRTVMRKELS

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

AxisIRTVMRKELS
Valuation 49 #74 of 145 47 #78 of 145 12 #128 of 145
Growth 55 #64 of 142 39 #87 of 142 54 #66 of 142
Profitability 52 #66 of 135 87 #18 of 135 94 #9 of 135
Financial Health 74 #36 of 136 71 #40 of 136 39 #84 of 136
Shareholder Returns 29 #93 of 131 26 #97 of 131 54 #61 of 131
Overall 52 54 50
  • IRT ranked among 149 companies in Property REITs
  • VMRK ranked among 149 companies in Property REITs
  • ELS ranked among 149 companies in Property REITs

Price Performance

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

Returns

PeriodIRTVMRKELSSPY
1 month -1.6%-0.8%-1.9% +0.9%
3 months -14.4%-11.6%-14.3% +5.9%
6 months -11.2%-6.9%-6.8% +8.5%
Year to date -17.3%-3.4%-4.3% +13.3%
1 year -8.4%-0.9%-4.5% +12.4%
3 years +18.5%+12.3%-9.9% +88.1%
3 years, per year +5.8%+3.9%-3.4% +23.5%
5 years -38.8%-29.5%-31.4% +68.2%
5 years, per year -9.4%-6.8%-7.3% +11.0%
10 years +72.3%+1.2%+56.4% +263.4%
10 years, per year +5.6%+0.1%+4.6% +13.8%

Risk

MeasureIRTVMRKELSSPY
Volatility, 1Y 21.9%21.3%18.7% 12.7%
Downside volatility, 1Y 23.7%22.3%18.3% 12.7%
Beta vs S&P 500, 1Y 0.160.12-0.22 1.00
Return / volatility, 1Y -0.38-0.04-0.24 0.98
Max drawdown, 5Y -57.1%-43.0%-34.2% -25.4%
From 52-week high -18.6%-13.2%-15.2% -0.9%
52-week high $17.77$70.15$68.37 $779.14
52-week low $14.46$57.98$57.64 $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.

MultipleIRTVMRKELS
P/E now vs peer median 78.3xmedian 25.8x 26.1xmedian 25.8x 28.7xmedian 25.8x
P/S now vs peer median 5.1xmedian 4.0x —median 4.0x 7.1xmedian 4.0x
EV/EBITDA now vs peer median —median 14.2x 14.2xmedian 14.2x 22.8xmedian 14.2x
P/FCF now vs peer median -933.4xmedian 23.0x 23.2xmedian 23.0x 30.3xmedian 23.0x
P/B now vs peer median 1.0xmedian 1.3x 2.1xmedian 1.3x 6.2xmedian 1.3x
PEG now vs peer median -4.99median 1.91 11.01median 1.91 3.22median 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 monthsIRTVMRKELS
Revenue $666.83M – $1.58B
Gross profit – – $1.44B
Operating income – – $412.54M
Net income $44.30M $899.21M $404.07M
Free cash flow -$3.65M $982.31M $370.75M
EPS (diluted) $0.18 $2.28 $1.95
Cash & equivalents $46.70M $36.41M $24.33M
Total debt $2.44B $9.09B $3.31B
Shares (diluted) 236.04M 383.88M 200.25M
Enterprise value $3.35B $22.80B $11.18B

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
MetricIRTVMRKELS
P/E 78.3x 26.1x 28.7x
P/FCF -933.4x 23.2x 30.3x
P/Operating cash flow 12.4x 14.6x 19.0x
P/S 5.1x – 7.1x
P/B 1.0x 2.1x 6.2x
P/Tangible book 1.0x 2.3x 6.2x
EV/EBITDA – 14.2x 22.8x
EV/EBIT – 25.9x 35.2x
EV/Revenue 8.7x – 9.2x
EV/FCF -1,590x 32.5x 39.2x
EV/Operating cash flow 21.1x 20.4x 24.5x
PEG (3Y EPS CAGR) -4.99 11.01 3.22

Growth

14 metrics
MetricIRTVMRKELS
Revenue growth (1Y) 3.5% – 3.2%
Revenue CAGR (3Y) 0.9% – 2.4%
Gross profit growth (1Y) – – 3.4%
Gross profit CAGR (3Y) – – 3.9%
Operating income growth (1Y) – – 4.9%
Operating income CAGR (3Y) – – 16.4%
Net income growth (1Y) 57.0% -14.0% 1.3%
Net income CAGR (3Y) -14.6% 1.3% 9.2%
EPS growth (1Y) 55.3% -11.8% 2.3%
EPS CAGR (3Y) -15.7% 2.4% 8.9%
Operating cash flow growth (1Y) 0.2% 1.6% 2.8%
Operating cash flow CAGR (3Y) 1.3% 1.2% 6.6%
Free cash flow growth (1Y) 98.0% 202.8% 11.0%
Free cash flow CAGR (3Y) 71.2% 1.3% 22.6%

Profitability

14 metrics
MetricIRTVMRKELS
Gross margin – – 91.0%
EBITDA margin – – 40.3%
Operating margin – – 26.1%
Pretax margin – – 18.3%
Net margin 6.5% – 24.8%
FCF margin -0.5% – 23.5%
Operating cash flow margin 41.4% – 37.6%
Return on equity 1.3% 8.3% 22.3%
Return on assets 0.7% 4.4% 7.0%
Return on invested capital – 6.2% 7.8%
Return on capital employed – – –
Asset turnover 0.1x – 0.3x
Cash conversion (OCF / net income) 6.2x 1.7x 1.5x
Stock comp / revenue 1.2% – 0.4%

Financial Health

11 metrics
MetricIRTVMRKELS
Debt / assets 40.1% 44.9% 57.4%
Debt / equity 0.7x 0.9x 1.8x
Net debt / EBITDA – 4.0x 5.2x
Debt / FCF -669.1x 9.3x 8.9x
Liabilities / assets 42.8% 47.2% 68.7%
Equity / assets 57.2% 52.8% 31.3%
Interest coverage – 3.9x 3.0x
Current ratio – – –
Quick ratio – – –
Cash ratio – – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricIRTVMRKELS
Dividend yield 4.8% 1.1% 3.7%
Net buyback yield -2.4% 1.7% 0.0%
Shareholder yield 2.4% 2.9% 3.7%
Payout ratio (earnings) 363.2% 117.0% 101.5%
Payout ratio (FCF) -4,405% 107.1% 110.6%
Dividend growth (1Y) 10.2% 2.0% 8.7%
Dividend CAGR (3Y) 8.7% 3.2% 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.

ConsensusIRTVMRKELS
Forward P/E 103.3xFY2026 51.6xFY2026 27.5xFY2026
EPS, next fiscal year $0.14FY2026 $1.18FY2026 $2.11FY2026
EPS growth, next FY -41.7%FY2026 -59.9%FY2026 +5.0%FY2026
EPS growth, the year after +50.0% +45.8% +9.0%
Revenue, next fiscal year $637.39MFY2026 $3.09BFY2026 $1.52BFY2026
Revenue growth, next FY -2.9%FY2026 +0.0%FY2026 -0.6%FY2026
Revenue growth, the year after +20.7% +3.0% +14.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersIRTVMRKELS
Held by institutions 98.8% 97.6% 100.0%
Institutions holding 395 715 476
Change in shares held, QoQ +2.0% +12.7% +2.6%
Institutions buying 189 339 220
Institutions selling 140 247 190
Buyers to sellers 1.35 1.37 1.16

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.

IRTVMRKELS
IRT 1.00 0.73 0.54
VMRK 0.73 1.00 0.54
ELS 0.54 0.54 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, IRT, VMRK and ELS?

Vivmark Residential (VMRK) is the largest by market capitalisation: Independence Realty Trust (IRT) $3.41B, Vivmark Residential (VMRK) $22.83B, Equity Lifestyle Properties (ELS) $11.25B.

Which stock is cheaper, IRT, VMRK and ELS?

Vivmark Residential (VMRK) trades on the lowest price-to-earnings ratio (Independence Realty Trust (IRT) 78.3x, Vivmark Residential (VMRK) 26.1x, Equity Lifestyle Properties (ELS) 28.7x). On next year's consensus earnings, Equity Lifestyle Properties (ELS) is cheapest (Independence Realty Trust (IRT) 103.3x, Vivmark Residential (VMRK) 51.6x, Equity Lifestyle Properties (ELS) 27.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Independence Realty Trust (IRT) grew revenue fastest over the trailing twelve months: Independence Realty Trust (IRT) +3.5%, Equity Lifestyle Properties (ELS) +3.2%.

Which company is more profitable?

Equity Lifestyle Properties (ELS) has the highest net margin (Independence Realty Trust (IRT) 6.5%, Equity Lifestyle Properties (ELS) 24.8%). On return on invested capital, Equity Lifestyle Properties (ELS) leads (Vivmark Residential (VMRK) 6.2%, Equity Lifestyle Properties (ELS) 7.8%).

Which stock has performed better?

Over the past year Vivmark Residential (VMRK) returned the most: Independence Realty Trust (IRT) -8.4%, Vivmark Residential (VMRK) -0.9%, Equity Lifestyle Properties (ELS) -4.5%. Over five years, Vivmark Residential (VMRK) compounded fastest (Independence Realty Trust (IRT) -9.4%/yr, Vivmark Residential (VMRK) -6.8%/yr, Equity Lifestyle Properties (ELS) -7.3%/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) 4.84%, Vivmark Residential (VMRK) 1.15%, Equity Lifestyle Properties (ELS) 3.68%.

Which stock is riskier?

By one-year price volatility, Equity Lifestyle Properties (ELS) has been the steadiest (Independence Realty Trust (IRT) 21.9%, Vivmark Residential (VMRK) 21.3%, Equity Lifestyle Properties (ELS) 18.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, IRT, VMRK and ELS?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Vivmark Residential (VMRK) 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.