Independence Realty Trust Inc. (IRT)

NYSE: IRT · Real Estate Investment Trusts · Philadelphia, PA · filing with the SEC since 2009

Grade4.6

◀ Past 4.3● Present 4.9▶ Future 4.5

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Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Feb 17, 2026	Feb 18, 2025	Feb 28, 2024	Feb 23, 2023	Feb 24, 2022	Feb 18, 2021	Feb 18, 2020	Feb 22, 2019	Feb 23, 2018	Mar 3, 2017
Revenue	657,696	640,035	660,983	628,525	250,252	211,906	203,223	191,232	161,216	153,388
For insurers
Benefits, claims and losses	·	3,935	925	8,866	·	·	·	·	·	·
Cost of revenue	·	·	·	·	·	·	7,726	6,963	6,006	4,847
General and administrative	23,966	24,245	22,766	26,260	18,610	15,095	12,745	10,817	9,526	10,864^r
Total costs and expenses	537,785	514,545	514,070	526,551	198,669	168,095	152,854	139,410	115,791	113,726
Operating income	·	·	·	·	·	·	·	51,822	45,425	39,662
Interest expense	78,998	76,141	89,921	86,955	36,401	36,488	39,226	36,006	28,702	35,535
Share of profit of equity-method investments	11,066	347	-4,488	-2,169	0	0	·	·	·	·
Other income (expense), net	-352	-1	-427	1,558	0	0	·	144	89	-4
Income tax expense	0	0	0	0	0	0	0	0	0	0
Net income including non-controlling interests	57,707	40,033	-17,807	120,659	45,529	14,877	46,354	26,610	31,441	-9,555
Net income to non-controlling interests	1,149	742	-580	3,410	940	109	458	322	1,235	246
Net income	56,558	39,291	-17,227	117,249	44,589	14,768	45,896	26,288	30,206	·
Net income to common shareholders	·	·	·	·	·	·	·	26,288	30,206	-9,801
Earnings per share, basic	0.24	0.17	-0.08	0.53	0.41	0.16	0.51	0.30	0.41	-0.19
Earnings per share, diluted	0.24	0.17	-0.08	0.53	0.41	0.16	0.51	0.30	0.41	-0.19
Weighted average shares, basic	233,923,616	224,798,958	224,414,443	221,965,460	108,552,185	93,660,086	89,799,238	87,086,585	73,338,219	52,182,427
Weighted average shares, diluted	234,750,431	225,584,306	224,414,443	223,119,937	109,831,520	94,688,440	90,417,486	87,376,991	73,599,869	52,182,427

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it soldus-gaap:Revenues

Benefits, claims and losses what it paid or set aside for claimsus-gaap:PolicyholderBenefitsAndClaimsIncurredNet

Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold

General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense

Total costs and expenses every operating cost, the cost of revenue includedus-gaap:CostsAndExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing cost

us-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense

Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton IRT · research, not advice