Independence Realty Trust (IRT) Capital Expenditures (2011 - 2026)
Independence Realty Trust's (IRT) quarterly Capital Expenditures came in at $23.6 million in Q1 2026, down 59.73% year-on-year from $58.6 million in Q1 2025, and down 82.7% quarter-over-quarter from $136.5 million in Q4 2025.
Independence Realty Trust (IRT) Capital Expenditures (2011 - 2026) Analysis & Trends
Independence Realty Trust's Capital Expenditures history runs 16 years deep, the most recent figure standing at $23.6 million for Q1 2026.
- On a quarterly basis, Capital Expenditures fell 59.73% year-over-year to $23.6 million in Q1 2026; TTM through Mar 2026 was $117.7 million, a 60.39% decrease from a year earlier, with the FY2025 full-year figure at $152.7 million, down 35.97% from the prior year.
- Capital Expenditures declined to $23.6 million in Q1 2026 per IRT's latest filing, from $136.5 million in the prior quarter.
- Across five years, Capital Expenditures topped out at $196.7 million in Q4 2024 and bottomed at -$182.9 million in Q4 2022.
- The 5-year median for Capital Expenditures is $17.9 million (2022), against an average of $27.1 million.
- Across the five-year window, Capital Expenditures soared 505.57% in 2024 and sank 349.21% in 2025, its largest moves.
- Year by year, Capital Expenditures stood at -$182.9 million in 2022, then soared by 73.49% to -$48.5 million in 2023, then surged by 505.57% to $196.7 million in 2024, then tumbled by 30.6% to $136.5 million in 2025, then sank by 82.7% to $23.6 million in 2026.
- Per Business Quant, the three latest IRT Capital Expenditures figures stand at $23.6 million (Q1 2026), $136.5 million (Q4 2025), and -$37.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.48 Bn | 26.48 Bn | - | 336.82 Mn |
| 2 | Equity Residential | 25.80 Bn | 25.80 Bn | - | 29.86 Mn |
| 3 | Invitation Homes | 18.05 Bn | 18.05 Bn | 694.98 Mn | 71.55 Mn |
| 4 | Mid America Apartment Communities | 15.67 Bn | 15.54 Bn | 537.05 Mn | 103.08 Mn |
| 5 | Sun Communities | 14.96 Bn | 14.96 Bn | 491.20 Mn | 107.00 Mn |
| 6 | Udr | 13.01 Bn | 12.98 Bn | 416.43 Mn | 28.51 Mn |
| 7 | Equity Lifestyle Properties | 12.85 Bn | 12.85 Bn | 378.95 Mn | 45.29 Mn |
| 8 | American Homes 4 Rent | 12.22 Bn | 12.22 Bn | - | - |
| 9 | Camden Property Trust | 11.94 Bn | 11.94 Bn | - | - |
| 10 | Independence Realty Trust | 3.93 Bn | 3.93 Bn | - | 23.61 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 23.61 Mn |
| Mar 31, 2026 | 23.61 Mn |
| Dec 31, 2025 | 136.48 Mn |
| Dec 31, 2025 | 136.48 Mn |
| Sep 30, 2025 | -37.41 Mn |
| Sep 30, 2025 | -37.41 Mn |
| Jun 30, 2025 | -4.96 Mn |
| Jun 30, 2025 | -4.96 Mn |
| Mar 31, 2025 | 58.64 Mn |
| Mar 31, 2025 | 58.64 Mn |
| Dec 31, 2024 | 196.67 Mn |
| Dec 31, 2024 | 196.67 Mn |
| Sep 30, 2024 | 15.01 Mn |
| Sep 30, 2024 | 15.01 Mn |
| Jun 30, 2024 | 26.88 Mn |
| Jun 30, 2024 | 26.88 Mn |
| Dec 31, 2023 | -48.49 Mn |
| Dec 31, 2023 | -48.49 Mn |
| Sep 30, 2023 | 17.90 Mn |
| Sep 30, 2023 | 17.90 Mn |