Independence Realty Trust Inc
Independence Realty Trust, Inc. (NYSE: IRT), an S&P 400 MidCap Company, is a real estate investment trust ("REIT") that owns and operates multifamily communities, across non-gateway U.S. markets. IRT's investment strategy is focused on gaining scale near major employment centers within key amenity rich submarkets that offer good school districts and high-quality retail. IRT's main objective is to… Read more
Market Cap & Net Worth: Independence Realty Trust Inc (IRT)
Independence Realty Trust Inc (NYSE:IRT) has a market capitalization of $3.83 Billion ($3.83 Billion) as of March 18, 2026. Listed on the NYSE stock exchange, this USA-based company holds position #3398 globally and #2240 in its home market, demonstrating a -1.78% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Independence Realty Trust Inc's stock price $16.02 by its total outstanding shares 239112982 (239.11 Million).
Independence Realty Trust Inc Market Cap History: 2015 to 2026
Independence Realty Trust Inc's market capitalization history from 2015 to 2026. Data shows growth from $1.13 Billion to $3.83 Billion (12.59% CAGR).
Index Memberships
Independence Realty Trust Inc is a constituent of 1 market index:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
S&P Midcap 400
MID
|
$3.04 Trillion | 0.17% | #309 of 401 |
Weight: Independence Realty Trust Inc's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Independence Realty Trust Inc Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Independence Realty Trust Inc's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
6.36x
Independence Realty Trust Inc's market cap is 6.36 times its annual revenue
6.59x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
73.90x
Independence Realty Trust Inc's market cap is 73.90 times its annual earnings
57.18x
Higher than industry averageWhat These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $1.46 Billion | $153.39 Million | -$9.80 Million | 9.54x | N/A |
| 2017 | $1.78 Billion | $161.22 Million | $30.21 Million | 11.06x | 59.01x |
| 2018 | $1.75 Billion | $191.23 Million | $26.29 Million | 9.14x | 66.51x |
| 2019 | $2.84 Billion | $203.22 Million | $45.90 Million | 13.99x | 61.93x |
| 2020 | $2.85 Billion | $211.91 Million | $14.77 Million | 13.45x | 193.00x |
| 2021 | $5.62 Billion | $250.25 Million | $44.59 Million | 22.46x | 126.06x |
| 2022 | $3.77 Billion | $628.52 Million | $117.25 Million | 6.00x | 32.18x |
| 2023 | $3.56 Billion | $660.98 Million | -$17.23 Million | 5.39x | N/A |
| 2024 | $4.74 Billion | $640.03 Million | $39.29 Million | 7.41x | 120.74x |
| 2025 | $4.18 Billion | $657.70 Million | $56.56 Million | 6.36x | 73.90x |
Competitor Companies of IRT by Market Capitalization
Companies near Independence Realty Trust Inc in the global market cap rankings as of March 18, 2026.
Key companies related to Independence Realty Trust Inc by market ranking:
- AvalonBay Communities Inc (NYSE:AVB): Ranked #877 globally with a market cap of $22.59 Billion USD.
- Equity Residential (NYSE:EQR): Ranked #938 globally with a market cap of $20.74 Billion USD.
- Sun Communities Inc (NYSE:SUI): Ranked #1153 globally with a market cap of $16.50 Billion USD.
- Essex Property Trust Inc (NYSE:ESS): Ranked #1182 globally with a market cap of $16.02 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #877 | AvalonBay Communities Inc | NYSE:AVB | $22.59 Billion | $170.57 |
| #938 | Equity Residential | NYSE:EQR | $20.74 Billion | $61.02 |
| #1153 | Sun Communities Inc | NYSE:SUI | $16.50 Billion | $135.27 |
| #1182 | Essex Property Trust Inc | NYSE:ESS | $16.02 Billion | $251.06 |
Independence Realty Trust Inc Historical Marketcap From 2015 to 2026
Between 2015 and today, Independence Realty Trust Inc's market cap moved from $1.13 Billion to $ 3.83 Billion, with a yearly change of 12.59%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $3.83 Billion | -8.35% |
| 2025 | $4.18 Billion | -11.90% |
| 2024 | $4.74 Billion | +33.18% |
| 2023 | $3.56 Billion | -5.58% |
| 2022 | $3.77 Billion | -32.88% |
| 2021 | $5.62 Billion | +97.21% |
| 2020 | $2.85 Billion | +0.28% |
| 2019 | $2.84 Billion | +62.55% |
| 2018 | $1.75 Billion | -1.90% |
| 2017 | $1.78 Billion | +21.75% |
| 2016 | $1.46 Billion | +30.07% |
| 2015 | $1.13 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Independence Realty Trust Inc was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $3.83 Billion USD |
| MoneyControl | $3.83 Billion USD |
| MarketWatch | $3.83 Billion USD |
| marketcap.company | $3.83 Billion USD |
| Reuters | $3.83 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.