Independence Realty Trust IRT
NYSE IRT
$15.25 +0.02 (+0.13%)
As of: Sep 10, 2026 · 3:59 PM EDT

Independence Realty Trust (IRT) Debt Ratio (2011 - 2024)

Independence Realty Trust (IRT) posted Debt Ratio of 0.38 for Q3 2024, up 1.38% on a QoQ basis from 0.38 in Q2 2024, and down 6.89% year-over-year from 0.41 in Q4 2023.

Analysis

Independence Realty Trust (IRT) Debt Ratio (2011 - 2024) Analysis & Trends

Independence Realty Trust has reported Debt Ratio for 13 years, with the latest figure at 0.38 in Q3 2024.

  • On a quarterly basis, Debt Ratio fell 6.89% year-over-year to 0.38 in Q3 2024; TTM through Sep 2024 was 0.38, a 6.89% decrease from a year earlier, with the FY2022 full-year figure at 0.4, down 3.1% from the prior year.
  • Debt Ratio was 0.38 for Q3 2024 at Independence Realty Trust, up from 0.38 in the prior quarter.
  • The five-year high for Debt Ratio was 0.8 in Q1 2020, with the low at 0.38 in Q2 2024.
  • Average Debt Ratio over 5 years is 0.52, with a median of 0.41 recorded in 2022.
  • The sharpest annual moves came in 2020 and 2022: Debt Ratio climbed 17.62% in 2020, then plunged 46.46% in 2022.
  • Over 5 years, Debt Ratio stood at 0.74 in 2020, then sank by 43.76% to 0.42 in 2021, then slipped by 3.1% to 0.4 in 2022, then increased by 2.48% to 0.41 in 2023, then dropped by 6.89% to 0.38 in 2024.
  • The last three Debt Ratio figures came in at 0.38 (Q3 2024), 0.38 (Q2 2024), and 0.38 (Q1 2024), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Vivmark Residential 24.37 Bn 24.37 Bn - 0.37
2 Invitation Homes 16.34 Bn 16.34 Bn 705.34 Mn 0.24
3 Mid America Apartment Communities 14.46 Bn 14.33 Bn 537.17 Mn 0.44
4 Sun Communities 14.11 Bn 14.11 Bn 460.10 Mn 0.16
5 Equity Lifestyle Properties 11.69 Bn 11.69 Bn 375.97 Mn 0.47
6 American Homes 4 Rent 11.38 Bn 11.38 Bn - 0.36
7 Udr 11.36 Bn 11.36 Bn 412.43 Mn 0.48
8 Camden Property Trust 10.49 Bn 10.49 Bn - 0.48
9 Avalonbay Communities 9.67 Bn 9.87 Bn - 0.37
10 Independence Realty Trust 3.59 Bn 3.59 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2024 0.38
Jun 30, 2024 0.38
Mar 31, 2024 0.38
Sep 30, 2023 0.41
Jun 30, 2023 0.41
Mar 31, 2023 0.40
Dec 31, 2022 0.40
Sep 30, 2022 0.41
Jun 30, 2022 0.40
Mar 31, 2022 0.40
Dec 31, 2021 0.42
Sep 30, 2021 0.54
Jun 30, 2021 0.55
Mar 31, 2021 0.74
Dec 31, 2020 0.74
Sep 30, 2020 0.80
Jun 30, 2020 0.80
Mar 31, 2020 0.80
Dec 31, 2019 0.82
Sep 30, 2019 0.75