Independence Realty Trust (IRT) Interest Expenses (2011 - 2026)
Independence Realty Trust's (IRT) quarterly Interest Expenses came in at $20.7 million in Q1 2026, up 7.15% year-on-year from $19.3 million in Q1 2025, and down 13.82% quarter-over-quarter from $24.1 million in Q4 2025.
Independence Realty Trust (IRT) Interest Expenses (2011 - 2026) Analysis & Trends
Independence Realty Trust's Interest Expenses history runs 16 years deep, the most recent figure standing at $20.7 million for Q1 2026.
- On a quarterly basis, Interest Expenses rose 7.15% year-over-year to $20.7 million in Q1 2026; TTM through Mar 2026 was $84.0 million, a 5.87% increase from a year earlier, with the FY2025 full-year figure at $82.6 million, up 2.5% from the prior year.
- Interest Expenses slipped to $20.7 million in Q1 2026 per IRT's latest filing, from $24.1 million in the prior quarter.
- Across five years, Interest Expenses topped out at $29.6 million in Q4 2023 and bottomed at $17.5 million in Q2 2024.
- The 5-year median for Interest Expenses is $21.0 million (2022), against an average of $21.6 million.
- Across the five-year window, Interest Expenses surged 153.94% in 2022 and slipped 21.45% in 2024, its largest moves.
- Year by year, Interest Expenses stood at $23.3 million in 2022, then grew by 27.0% to $29.6 million in 2023, then decreased by 18.2% to $24.2 million in 2024, then retreated by 0.77% to $24.1 million in 2025, then dropped by 13.82% to $20.7 million in 2026.
- Per Business Quant, the three latest IRT Interest Expenses figures stand at $20.7 million (Q1 2026), $24.1 million (Q4 2025), and $20.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.48 Bn | 26.48 Bn | - | 71.49 Mn |
| 2 | Equity Residential | 25.80 Bn | 25.80 Bn | - | 271.85 Mn |
| 3 | Invitation Homes | 18.05 Bn | 18.05 Bn | 694.98 Mn | 95.31 Mn |
| 4 | Mid America Apartment Communities | 15.67 Bn | 15.54 Bn | 537.05 Mn | 48.71 Mn |
| 5 | Sun Communities | 14.96 Bn | 14.96 Bn | 491.20 Mn | 38.40 Mn |
| 6 | Udr | 13.01 Bn | 12.98 Bn | 416.43 Mn | 48.58 Mn |
| 7 | Equity Lifestyle Properties | 12.85 Bn | 12.85 Bn | 378.95 Mn | 33.65 Mn |
| 8 | American Homes 4 Rent | 12.22 Bn | 12.22 Bn | - | 66.15 Mn |
| 9 | Camden Property Trust | 11.94 Bn | 11.94 Bn | - | 37.36 Mn |
| 10 | Independence Realty Trust | 3.93 Bn | 3.93 Bn | - | 20.73 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 20.73 Mn |
| Mar 31, 2026 | 20.73 Mn |
| Dec 31, 2025 | 24.06 Mn |
| Dec 31, 2025 | 24.06 Mn |
| Sep 30, 2025 | 20.46 Mn |
| Sep 30, 2025 | 20.46 Mn |
| Jun 30, 2025 | 18.77 Mn |
| Jun 30, 2025 | 18.77 Mn |
| Mar 31, 2025 | 19.35 Mn |
| Mar 31, 2025 | 19.35 Mn |
| Dec 31, 2024 | 24.24 Mn |
| Dec 31, 2024 | 24.24 Mn |
| Sep 30, 2024 | 18.31 Mn |
| Sep 30, 2024 | 18.31 Mn |
| Jun 30, 2024 | 17.46 Mn |
| Jun 30, 2024 | 17.46 Mn |
| Mar 31, 2024 | 20.60 Mn |
| Mar 31, 2024 | 20.60 Mn |
| Dec 31, 2023 | 29.64 Mn |
| Dec 31, 2023 | 29.64 Mn |