Independence Realty Trust (IRT) Free Cash Flow (2011 - 2026)
Independence Realty Trust's quarterly Free Cash Flow came in at $31.7 million in Q1 2026, down 18.52% year-on-year from $38.9 million in Q1 2025, and down 79.59% quarter-over-quarter from $155.4 million in Q4 2025.
Independence Realty Trust has reported Free Cash Flow for 16 years, with the latest figure at $31.7 million in Q1 2026.
- For the quarter ending Q1 2026, Free Cash Flow fell 18.52% year-over-year to $31.7 million; the trailing twelve-month figure through Mar 2026 stood at $268.7 million (up 4.89% YoY), and the FY2025 full-year result was $275.9 million, up 11.61% from the prior year.
- Free Cash Flow for Q1 2026 stood at $31.7 million, down from $155.4 million in the prior quarter.
- The five-year high for Free Cash Flow was $155.4 million in Q4 2025, with the low at -$96.2 million in Q3 2022.
- Average Free Cash Flow over 5 years is $50.9 million, with a median of $53.1 million recorded in 2022.
- Year-over-year, Free Cash Flow jumped 210.63% in 2023 and tumbled 135.79% in 2025.
- Tracing IRT's Free Cash Flow over 5 years: stood at $58.3 million in 2022, then increased by 1.51% to $59.2 million in 2023, then surged by 56.86% to $92.8 million in 2024, then surged by 67.36% to $155.4 million in 2025, then sank 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 | 25.91 Bn | 26.13 Bn | - | 359.48 Mn |
| 2 | Equity Residential | 25.13 Bn | 25.27 Bn | - | -192.61 Mn |
| 3 | Invitation Homes | 17.75 Bn | 17.79 Bn | 694.98 Mn | 236.00 Mn |
| 4 | Sun Communities | 15.66 Bn | 15.77 Bn | 491.20 Mn | 162.30 Mn |
| 5 | Mid America Apartment Communities | 15.34 Bn | 15.42 Bn | 537.05 Mn | 158.60 Mn |
| 6 | American Homes 4 Rent | 13.60 Bn | 14.17 Bn | - | 112.16 Mn |
| 7 | Udr | 12.44 Bn | 12.44 Bn | 416.43 Mn | 85.28 Mn |
| 8 | Equity Lifestyle Properties | 12.31 Bn | 12.37 Bn | 393.79 Mn | 148.95 Mn |
| 9 | Camden Property Trust | 11.27 Bn | 11.34 Bn | - | 54.08 Mn |
| 10 | Independence Realty Trust | 3.99 Bn | 4.11 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 |
| Sep 30, 2023 | 106.39 Mn |
| Sep 30, 2023 | 106.39 Mn |
| Jun 30, 2023 | 62.36 Mn |
| Jun 30, 2023 | 62.36 Mn |
| Mar 31, 2023 | 34.24 Mn |
| Mar 31, 2023 | 34.24 Mn |
| Dec 31, 2022 | 58.30 Mn |
| Dec 31, 2022 | 58.30 Mn |
| Sep 30, 2022 | -96.17 Mn |
| Sep 30, 2022 | -96.17 Mn |
| Jun 30, 2022 | 53.09 Mn |
| Jun 30, 2022 | 53.09 Mn |
| Mar 31, 2022 | 32.54 Mn |
| Mar 31, 2022 | 32.54 Mn |
| Dec 31, 2021 | 117.76 Mn |
| Dec 31, 2021 | 117.76 Mn |
| Sep 30, 2021 | -108.76 Mn |
| Sep 30, 2021 | -108.76 Mn |
| Jun 30, 2021 | 22.61 Mn |
| Jun 30, 2021 | 22.61 Mn |
| Mar 31, 2021 | 20.64 Mn |
| Mar 31, 2021 | 20.64 Mn |
| Dec 31, 2020 | -79.44 Mn |
| Dec 31, 2020 | -79.44 Mn |
| Sep 30, 2020 | 25.40 Mn |
| Sep 30, 2020 | 25.40 Mn |
| Jun 30, 2020 | 22.64 Mn |
| Jun 30, 2020 | 22.64 Mn |
| Mar 31, 2020 | -38.91 Mn |
| Mar 31, 2020 | -38.91 Mn |
| Dec 31, 2019 | -33.19 Mn |
| Dec 31, 2019 | -33.19 Mn |
| Sep 30, 2019 | -27.84 Mn |
| Sep 30, 2019 | -27.84 Mn |
| Jun 30, 2019 | -6.57 Mn |
| Jun 30, 2019 | -6.57 Mn |
| Mar 31, 2019 | 13.68 Mn |
| Mar 31, 2019 | 13.68 Mn |
| Dec 31, 2018 | 163.55 Mn |
| Dec 31, 2018 | 163.55 Mn |
| Sep 30, 2018 | -42.92 Mn |
| Sep 30, 2018 | -42.92 Mn |
| Jun 30, 2018 | -64.73 Mn |
| Jun 30, 2018 | -64.73 Mn |
| Mar 31, 2018 | 10.88 Mn |
| Mar 31, 2018 | 10.88 Mn |
| Dec 31, 2017 | -43.39 Mn |
| Dec 31, 2017 | -43.39 Mn |
| Sep 30, 2017 | 17.02 Mn |
| Sep 30, 2017 | 17.02 Mn |
| Jun 30, 2017 | -27.34 Mn |
| Jun 30, 2017 | -27.34 Mn |
| Mar 31, 2017 | 10.06 Mn |
| Mar 31, 2017 | 10.06 Mn |
| Dec 31, 2016 | -43.49 Mn |
| Dec 31, 2016 | -43.49 Mn |
| Sep 30, 2016 | 11.87 Mn |
| Sep 30, 2016 | 11.87 Mn |
| Jun 30, 2016 | 8.23 Mn |
| Jun 30, 2016 | 8.23 Mn |
| Mar 31, 2016 | 5.18 Mn |
| Mar 31, 2016 | 5.18 Mn |
| Dec 31, 2015 | -5.35 Mn |
| Dec 31, 2015 | -5.35 Mn |
| Sep 30, 2015 | 10.76 Mn |
| Sep 30, 2015 | 10.76 Mn |
| Jun 30, 2015 | 5.32 Mn |
| Jun 30, 2015 | 5.32 Mn |
| Mar 31, 2015 | 7.51 Mn |
| Mar 31, 2015 | 7.51 Mn |
| Dec 31, 2014 | 179.23 Mn |
| Dec 31, 2014 | 179.23 Mn |
| Sep 30, 2014 | 4.61 Mn |
| Sep 30, 2014 | 4.61 Mn |
| Jun 30, 2014 | -61.98 Mn |
| Jun 30, 2014 | -61.98 Mn |
| Mar 31, 2014 | -30.05 Mn |
| Mar 31, 2014 | -30.05 Mn |
| Dec 31, 2013 | -21.51 Mn |
| Dec 31, 2013 | -21.51 Mn |
| Sep 30, 2013 | -10.68 Mn |
| Sep 30, 2013 | -10.68 Mn |
| Jun 30, 2013 | 246,000.00 |
| Jun 30, 2013 | 246,000.00 |
| Mar 31, 2013 | 1.14 Mn |
| Mar 31, 2013 | 1.14 Mn |
| Dec 31, 2012 | 1.37 Mn |
| Dec 31, 2012 | 1.37 Mn |
| Sep 30, 2012 | 688,000.00 |
| Sep 30, 2012 | 688,000.00 |
| Jun 30, 2012 | 379,000.00 |
| Jun 30, 2012 | 379,000.00 |
| Mar 31, 2012 | 904,000.00 |
| Mar 31, 2012 | 904,000.00 |
| Dec 31, 2011 | -16.94 Mn |
| Dec 31, 2011 | -16.94 Mn |
| Sep 30, 2011 | 875,000.00 |
| Sep 30, 2011 | 875,000.00 |
| Jun 30, 2011 | 77,000.00 |
| Jun 30, 2011 | 77,000.00 |
| Mar 31, 2011 | -57,000.00 |
| Mar 31, 2011 | -57,000.00 |