Independence Realty Trust (IRT) Free Cash Flow (2011 - 2026)
Independence Realty Trust (IRT) recorded quarterly Free Cash Flow of $31.7 million in Q1 2026, down 79.59% quarter-over-quarter from $155.4 million in Q4 2025, and down 18.52% on a YoY basis from $38.9 million in Q1 2025.
Independence Realty Trust (IRT) Free Cash Flow (2011 - 2026) Analysis & Trends
Independence Realty Trust's Free Cash Flow history runs 16 years deep, the most recent figure standing at $31.7 million for Q1 2026.
- In Q1 2026, Free Cash Flow fell 18.52% year-over-year to $31.7 million; the TTM figure through Mar 2026 stood at $268.7 million (up 4.89% YoY), while the FY2025 annual figure was $275.9 million, up 11.61% from the prior year.
- Free Cash Flow was $31.7 million for Q1 2026 at Independence Realty Trust, down from $155.4 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $155.4 million in Q4 2025 to a low of -$96.2 million in Q3 2022.
- Historically, Free Cash Flow has averaged $50.9 million across 5 years, with a median of $53.1 million in 2022.
- The sharpest annual moves came in 2023 and 2025: Free Cash Flow surged 210.63% in 2023, then tumbled 135.79% in 2025.
- A 5-year view of Free Cash Flow shows it stood at $58.3 million in 2022, then grew by 1.51% to $59.2 million in 2023, then jumped by 56.86% to $92.8 million in 2024, then jumped by 67.36% to $155.4 million in 2025, then slumped by 79.59% to $31.7 million in 2026.
- The last three Free Cash Flow figures came in at $31.7 million (Q1 2026), $155.4 million (Q4 2025), and -$9.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 24.79 Bn | 25.01 Bn | - | 359.48 Mn |
| 2 | Equity Residential | 24.35 Bn | 24.48 Bn | - | -192.61 Mn |
| 3 | Invitation Homes | 17.23 Bn | 17.27 Bn | 694.98 Mn | 236.00 Mn |
| 4 | Mid America Apartment Communities | 15.51 Bn | 15.59 Bn | 537.05 Mn | 158.60 Mn |
| 5 | Sun Communities | 14.54 Bn | 14.65 Bn | 491.20 Mn | 162.30 Mn |
| 6 | American Homes 4 Rent | 13.37 Bn | 13.94 Bn | - | 112.16 Mn |
| 7 | Udr | 12.30 Bn | 12.30 Bn | 416.43 Mn | 85.28 Mn |
| 8 | Equity Lifestyle Properties | 12.06 Bn | 12.12 Bn | 393.79 Mn | 148.95 Mn |
| 9 | Camden Property Trust | 11.45 Bn | 11.53 Bn | - | 54.08 Mn |
| 10 | Independence Realty Trust | 3.73 Bn | 3.86 Bn | - | 31.71 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 31.71 Mn |
| Mar 31, 2026 | 31.71 Mn |
| Dec 31, 2025 | 155.36 Mn |
| Dec 31, 2025 | 155.36 Mn |
| Sep 30, 2025 | -9.79 Mn |
| Sep 30, 2025 | -9.79 Mn |
| Jun 30, 2025 | 91.46 Mn |
| Jun 30, 2025 | 91.46 Mn |
| Mar 31, 2025 | 38.91 Mn |
| Mar 31, 2025 | 38.91 Mn |
| Dec 31, 2024 | 92.83 Mn |
| Dec 31, 2024 | 92.83 Mn |
| Sep 30, 2024 | 27.35 Mn |
| Sep 30, 2024 | 27.35 Mn |
| Jun 30, 2024 | 97.12 Mn |
| Jun 30, 2024 | 97.12 Mn |
| Mar 31, 2024 | 29.96 Mn |
| Mar 31, 2024 | 29.96 Mn |
| Dec 31, 2023 | 59.18 Mn |
| Dec 31, 2023 | 59.18 Mn |