Independence Realty Trust, Inc. (IRT): Price and Financial Metrics

IRT POWR Grades

• Growth is the dimension where IRT ranks best; there it ranks ahead of 84.23% of US stocks.
• The strongest trend for IRT is in Quality, which has been heading down over the past 178 days.
• IRT's current lowest rank is in the Quality metric (where it is better than 7.18% of US stocks).

IRT Stock Summary

• Of note is the ratio of INDEPENDENCE REALTY TRUST INC's sales and general administrative expense to its total operating expenses; merely 3.49% of US stocks have a lower such ratio.
• In terms of twelve month growth in earnings before interest and taxes, INDEPENDENCE REALTY TRUST INC is reporting a growth rate of 192.71%; that's higher than 91.82% of US stocks.
• As for revenue growth, note that IRT's revenue has grown 138.6% over the past 12 months; that beats the revenue growth of 94.05% of US companies in our set.
• Stocks with similar financial metrics, market capitalization, and price volatility to INDEPENDENCE REALTY TRUST INC are CUBE, CUZ, STAG, ALE, and PEAK.
• Visit IRT's SEC page to see the company's official filings. To visit the company's web site, go to www.irtliving.com.

IRT Valuation Summary

• IRT's price/sales ratio is 7.3; this is 55.32% higher than that of the median Real Estate stock.
• IRT's price/sales ratio has moved up 4.5 over the prior 113 months.

Below are key valuation metrics over time for IRT.

IRT Growth Metrics

Its 3 year price growth rate is now at 136.3%.
• Its year over year net income to common stockholders growth rate is now at 627.86%.
• Its year over year net cashflow from operations growth rate is now at -13.96%.

IRT's revenue has moved up $321,797,000 over the prior 15 months.

The table below shows IRT's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2022-09-30	542.641	169.773	112.233
2022-06-30	442.821	120.592	107.512
2022-03-31	345.502	72.199	118.103
2021-12-31	250.252	52.257	44.589
2021-09-30	227.424	88.118	29.235
2021-06-30	220.844	83.872	18.823

IRT's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• IRT has a Quality Grade of D, ranking ahead of 11.29% of graded US stocks.
• IRT's asset turnover comes in at 0.127 -- ranking 147th of 444 Trading stocks.
• HLNE, FHI, and ADC are the stocks whose asset turnover ratios are most correlated with IRT.

The table below shows IRT's key quality metrics over time.