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
DateValue
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