Independence Realty Trust (IRT) Capital Expenditures (2011 - 2026)
Independence Realty Trust (IRT) recorded Capital Expenditures of $40.28 million in Q2 2026, up 25.0% from $32.23 million a year earlier and up 70.6% from the prior quarter.
Independence Realty Trust (IRT) Capital Expenditures (2011 - 2026) Analysis & Trends
On a TTM basis, Independence Realty Trust's Capital Expenditures came in at $145.84 million as of Jun 30, 2026, up 25.5% year-over-year; for FY2025, it was $135.63 million, up 14.7% from FY2024.
- Annual Capital Expenditures has a three-year compound annual growth rate of 30.0% (FY2022 to FY2025).
- Across earlier years, Capital Expenditures came in at $118.26 million in FY2024 (-19.4%), $146.63 million in FY2023 (+137.4%) and $61.76 million in FY2022.
- Quarterly Capital Expenditures has ranged from $8.04 million in Q1 2022 to $98.14 million in Q4 2023 over the past five years.
- On a year-over-year basis, Capital Expenditures has increased for five consecutive quarters, with growth averaging 14.7% over the last eight quarters.
- Peak year-over-year performance for Capital Expenditures in the last five years was growth of 351.2% in Q4 2023, against a decline of 73.3% in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $23.61 million (Q1 2026), $34.25 million (Q4 2025) and $47.7 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | 319.29 Mn |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | - |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | 254.90 Mn |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | 57.19 Mn |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | 56.02 Mn |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | 101.83 Mn |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | 31.76 Mn |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | 21.69 Mn |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | - |
| 10 | Independence Realty Trust | 3.43 Bn | 3.55 Bn | - | 40.28 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 40.28 Mn |
| Mar 31, 2026 | 23.61 Mn |
| Dec 31, 2025 | 34.25 Mn |
| Sep 30, 2025 | 47.70 Mn |
| Jun 30, 2025 | 32.23 Mn |
| Mar 31, 2025 | 21.45 Mn |
| Dec 31, 2024 | 26.20 Mn |
| Sep 30, 2024 | 36.36 Mn |
| Jun 30, 2024 | 31.14 Mn |
| Mar 31, 2024 | 24.56 Mn |
| Dec 31, 2023 | 98.14 Mn |
| Sep 30, 2023 | 17.90 Mn |
| Jun 30, 2023 | 17.92 Mn |
| Mar 31, 2023 | 12.67 Mn |
| Dec 31, 2022 | 21.75 Mn |
| Sep 30, 2022 | 19.29 Mn |
| Jun 30, 2022 | 12.68 Mn |
| Mar 31, 2022 | 8.04 Mn |
| Jun 30, 2019 | 11.24 Mn |
| Mar 31, 2019 | 8.69 Mn |
Independence Realty Trust Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=IRT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "IRT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=IRT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();