Independence Realty Trust (IRT) Free Cash Flow (2011 - 2026)

Independence Realty Trust's (IRT) quarterly Free Cash Flow came in at $31.7 million in Q1 2026, up 1734.9% year-on-year from $1.7 million in Q1 2025, and up 141.56% quarter-over-quarter from -$76.3 million in Q4 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.

  • On a quarterly basis, Free Cash Flow rose 1734.9% year-over-year to $31.7 million in Q1 2026; TTM through Mar 2026 was $159.4 million, a 854.07% increase from a year earlier, with the FY2025 full-year figure at $129.4 million, up 510.58% from the prior year.
  • Free Cash Flow grew to $31.7 million in Q1 2026 per IRT's latest filing, from -$76.3 million in the prior quarter.
  • Across five years, Free Cash Flow topped out at $241.2 million in Q4 2022 and bottomed at -$133.2 million in Q4 2024.
  • The 5-year median for Free Cash Flow is $53.1 million (2022), against an average of $39.7 million.
  • Across the five-year window, Free Cash Flow sank 223.74% in 2024 and jumped 1734.9% in 2026, its largest moves.
  • Year by year, Free Cash Flow stood at $241.2 million in 2022, then plunged by 55.36% to $107.7 million in 2023, then sank by 223.74% to -$133.2 million in 2024, then soared by 42.74% to -$76.3 million in 2025, then jumped by 141.56% to $31.7 million in 2026.
  • Per Business Quant, the three latest IRT Free Cash Flow figures stand at $31.7 million (Q1 2026), -$76.3 million (Q4 2025), and $116.8 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Avalonbay Communities 26.48 Bn 26.48 Bn - 82.11 Mn
2 Equity Residential 25.80 Bn 25.80 Bn - 357.18 Mn
3 Invitation Homes 18.05 Bn 18.05 Bn 694.98 Mn 221.50 Mn
4 Mid America Apartment Communities 15.67 Bn 15.54 Bn 537.05 Mn 158.60 Mn
5 Sun Communities 14.96 Bn 14.96 Bn 491.20 Mn 162.30 Mn
6 Udr 13.01 Bn 12.98 Bn 416.43 Mn 100.23 Mn
7 Equity Lifestyle Properties 12.85 Bn 12.85 Bn 378.95 Mn 148.95 Mn
8 American Homes 4 Rent 12.22 Bn 12.22 Bn - 203.06 Mn
9 Camden Property Trust 11.94 Bn 11.94 Bn - 148.11 Mn
10 Independence Realty Trust 3.93 Bn 3.93 Bn - 31.71 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 31.71 Mn
Mar 31, 2026 31.71 Mn
Dec 31, 2025 -76.29 Mn
Dec 31, 2025 -76.29 Mn
Sep 30, 2025 116.75 Mn
Sep 30, 2025 116.75 Mn
Jun 30, 2025 87.21 Mn
Jun 30, 2025 87.21 Mn
Mar 31, 2025 1.73 Mn
Mar 31, 2025 1.73 Mn
Dec 31, 2024 -133.23 Mn
Dec 31, 2024 -133.23 Mn
Sep 30, 2024 54.23 Mn
Sep 30, 2024 54.23 Mn
Jun 30, 2024 56.14 Mn
Jun 30, 2024 56.14 Mn
Mar 31, 2024 44.06 Mn
Mar 31, 2024 44.06 Mn
Dec 31, 2023 107.67 Mn
Dec 31, 2023 107.67 Mn