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
DateValue
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