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
DateValue
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