Independence Realty Trust (IRT) Interest Expenses (2011 - 2026)
Independence Realty Trust (IRT) recorded quarterly Interest Expenses of $20.7 million in Q1 2026, up 1.51% quarter-over-quarter from $20.4 million in Q4 2025, and up 7.15% on a YoY basis from $19.3 million in Q1 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 $80.4 million (up 7.34% YoY), while the FY2025 annual figure was $79.0 million, up 3.75% from the prior year.
- Interest Expenses was $20.7 million for Q1 2026 at Independence Realty Trust, up from $20.4 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $23.5 million in Q4 2023 to a low of $17.5 million in Q2 2024.
- Historically, Interest Expenses has averaged $20.7 million across 5 years, with a median of $20.6 million in 2024.
- The sharpest annual moves came in 2022 and 2024: Interest Expenses soared 153.94% in 2022, then retreated 21.45% in 2024.
- A 5-year view of Interest Expenses shows it stood at $23.3 million in 2022, then climbed by 0.86% to $23.5 million in 2023, then declined by 16.01% to $19.8 million in 2024, then rose by 3.3% to $20.4 million in 2025, then grew by 1.51% to $20.7 million in 2026.
- The last three Interest Expenses figures came in at $20.7 million (Q1 2026), $20.4 million (Q4 2025), and $20.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 24.79 Bn | 25.01 Bn | - | 71.49 Mn |
| 2 | Equity Residential | 24.35 Bn | 24.48 Bn | - | -167.09 Mn |
| 3 | Invitation Homes | 17.23 Bn | 17.27 Bn | 694.98 Mn | 95.31 Mn |
| 4 | Mid America Apartment Communities | 15.51 Bn | 15.59 Bn | 537.05 Mn | 48.71 Mn |
| 5 | Sun Communities | 14.54 Bn | 14.65 Bn | 491.20 Mn | 38.40 Mn |
| 6 | American Homes 4 Rent | 13.37 Bn | 13.94 Bn | - | 45.27 Mn |
| 7 | Udr | 12.30 Bn | 12.30 Bn | 416.43 Mn | 48.58 Mn |
| 8 | Equity Lifestyle Properties | 12.06 Bn | 12.12 Bn | 393.79 Mn | 33.65 Mn |
| 9 | Camden Property Trust | 11.45 Bn | 11.53 Bn | - | 37.36 Mn |
| 10 | Independence Realty Trust | 3.73 Bn | 3.86 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 | 20.42 Mn |
| Dec 31, 2025 | 20.42 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 |
| Dec 31, 2023 | 23.54 Mn |
| Dec 31, 2023 | 23.54 Mn |