Independence Realty Trust (IRT) Interest Expenses (2011 - 2026)
Independence Realty Trust (IRT) posted quarterly Interest Expenses of $20.7 million for Q1 2026, up 7.15% year-over-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.
- In Q1 2026, Interest Expenses rose 7.15% year-over-year to $20.7 million; the TTM figure through Mar 2026 stood at $84.0 million (up 12.19% YoY), while the FY2025 annual figure was $82.6 million, up 2.5% from the prior year.
- Interest Expenses for Q1 2026 stood at $20.7 million, down from $24.1 million in the prior quarter.
- The five-year high for Interest Expenses was $29.6 million in Q4 2023, with the low at $17.5 million in Q2 2024.
- The 5-year median for Interest Expenses is $20.7 million (2026), against an average of $21.3 million.
- The sharpest annual moves came in 2022 and 2024: Interest Expenses surged 551.33% in 2022, then slumped 33.3% in 2024.
- Independence Realty Trust's Interest Expenses stood at $23.3 million in 2022, then climbed by 27.0% to $29.6 million in 2023, then plunged by 33.3% to $19.8 million in 2024, then grew by 21.69% to $24.1 million in 2025, then slipped by 13.82% to $20.7 million in 2026.
- Business Quant data shows IRT's Interest Expenses at $20.7 million in Q1 2026, $24.1 million in Q4 2025, and $20.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.11 Bn | 26.32 Bn | - | 70.07 Mn |
| 2 | Erp Operating Ltd Partnership | 23.87 Bn | 24.06 Bn | - | 82.46 Mn |
| 3 | Invitation Homes | 17.81 Bn | 17.81 Bn | 705.34 Mn | 93.99 Mn |
| 4 | Mid America Apartment Communities | 15.25 Bn | 15.12 Bn | 537.17 Mn | 53.13 Mn |
| 5 | Sun Communities | 14.88 Bn | 14.88 Bn | 460.10 Mn | 38.10 Mn |
| 6 | Equity Lifestyle Properties | 12.64 Bn | 12.64 Bn | 375.97 Mn | 33.82 Mn |
| 7 | American Homes 4 Rent | 12.38 Bn | 12.38 Bn | - | -49.53 Mn |
| 8 | Udr | 12.15 Bn | 12.15 Bn | 412.43 Mn | 47.64 Mn |
| 9 | Camden Property Trust | 10.98 Bn | 10.98 Bn | - | 41.42 Mn |
| 10 | Independence Realty Trust | 3.90 Bn | 3.90 Bn | - | 21.58 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 21.58 Mn |
| Jun 30, 2026 | 21.58 Mn |
| 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 | 19.77 Mn |
| Dec 31, 2024 | 19.77 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 |