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 77.47% of US stocks.
• IRT's strongest trending metric is Quality; it's been moving up over the last 179 days.
• IRT ranks lowest in Quality; there it ranks in the 13th percentile.

IRT Stock Summary

• With a price/earnings ratio of 73.12, INDEPENDENCE REALTY TRUST INC P/E ratio is greater than that of about 92.82% of stocks in our set with positive earnings.
• Of note is the ratio of INDEPENDENCE REALTY TRUST INC's sales and general administrative expense to its total operating expenses; just 3.83% of US stocks have a lower such ratio.
• Revenue growth over the past 12 months for INDEPENDENCE REALTY TRUST INC comes in at 85.1%, a number that bests 92.5% of the US stocks we're tracking.
• If you're looking for stocks that are quantitatively similar to INDEPENDENCE REALTY TRUST INC, a group of peers worth examining would be EGP, STAG, OHI, UE, and HIW.
• 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

• In comparison to the median Real Estate stock, IRT's EV/EBIT ratio is 85.2% higher, now standing at 46.3.
• IRT's price/earnings ratio has moved up 588.5 over the prior 119 months.

Below are key valuation metrics over time for IRT.

IRT Growth Metrics

Its 3 year net cashflow from operations growth rate is now at 7.93%.
• Its 4 year price growth rate is now at 4.09%.
• Its year over year net income to common stockholders growth rate is now at 627.86%.

IRT's revenue has moved up $401,101,000 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
2022-12-31	628.525	249.537	117.249
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

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.