Independence Realty Trust Inc (NYSE:IRT) — Market Cap & Net Worth
Market Cap & Net Worth: Independence Realty Trust Inc (IRT)
Independence Realty Trust Inc (NYSE:IRT) has a market capitalization of $3.52 Billion ($3.52 Billion) as of September 18, 2026. Listed on the NYSE stock exchange, this USA-based company holds position #4447 globally and #1525 in its home market, demonstrating a -6.10% 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 $14.94 by its total outstanding shares 235714682 (235.71 Million). Also see Independence Realty Trust Inc balance sheet assets for a full breakdown of the balance sheet.
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 $1.11 Billion to $3.52 Billion (11.27% CAGR). Also see Independence Realty Trust Inc operating cash flow efficiency for how efficiently the company converts equity into cash flow.
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
|
$3.41 Trillion | 0.17% | #333 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. Check IRT share price today for real-time trading data and today's change.
Latest Price to Sales (P/S) Ratio
6.26x
Independence Realty Trust Inc's market cap is 6.26 times its annual revenue
Latest Price to Earnings (P/E) Ratio
72.85x
Independence Realty Trust Inc's market cap is 72.85 times its annual earnings
What 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 | $1.44 Billion | $153.39 Million | -$9.80 Million | 9.41x | N/A |
| 2017 | $1.76 Billion | $161.22 Million | $30.21 Million | 10.90x | 58.17x |
| 2018 | $1.72 Billion | $191.23 Million | $26.29 Million | 9.01x | 65.57x |
| 2019 | $2.80 Billion | $203.22 Million | $45.90 Million | 13.79x | 61.05x |
| 2020 | $2.81 Billion | $211.91 Million | $14.77 Million | 13.26x | 190.25x |
| 2021 | $5.54 Billion | $250.25 Million | $44.59 Million | 22.14x | 124.27x |
| 2022 | $3.72 Billion | $628.52 Million | $117.25 Million | 5.92x | 31.72x |
| 2023 | $3.51 Billion | $660.98 Million | -$17.23 Million | 5.31x | N/A |
| 2024 | $4.68 Billion | $640.03 Million | $39.29 Million | 7.31x | 119.02x |
| 2025 | $4.12 Billion | $657.70 Million | $56.56 Million | 6.26x | 72.85x |
Competitor Companies of IRT by Market Capitalization
Companies near Independence Realty Trust Inc in the global market cap rankings as of September 18, 2026. Review IRT goodwill-adjusted equity ratio to assess the quality of the company's equity after excluding intangible assets.
Key companies related to Independence Realty Trust Inc by market ranking:
- Equity Residential (NYSE:EQR): Ranked #1086 globally with a market cap of $24.61 Billion USD.
- Essex Property Trust Inc (NYSE:ESS): Ranked #1455 globally with a market cap of $17.44 Billion USD.
- Invitation Homes Inc (NYSE:INVH): Ranked #1537 globally with a market cap of $16.16 Billion USD.
- Mid-America Apartment Communities Inc (NYSE:MAA): Ranked #1702 globally with a market cap of $14.19 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #1086 | Equity Residential | NYSE:EQR | $24.61 Billion | $68.14 |
| #1455 | Essex Property Trust Inc | NYSE:ESS | $17.44 Billion | $271.34 |
| #1537 | Invitation Homes Inc | NYSE:INVH | $16.16 Billion | $27.21 |
| #1702 | Mid-America Apartment Communities Inc | NYSE:MAA | $14.19 Billion | $121.90 |
Independence Realty Trust Inc Historical Marketcap From 2015 to 2026
Between 2015 and today, Independence Realty Trust Inc's market cap moved from $1.11 Billion to $ 3.52 Billion, with a yearly change of 11.27%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $3.52 Billion | -14.53% |
| 2025 | $4.12 Billion | -11.90% |
| 2024 | $4.68 Billion | +33.18% |
| 2023 | $3.51 Billion | -5.58% |
| 2022 | $3.72 Billion | -32.88% |
| 2021 | $5.54 Billion | +97.21% |
| 2020 | $2.81 Billion | +0.28% |
| 2019 | $2.80 Billion | +62.55% |
| 2018 | $1.72 Billion | -1.90% |
| 2017 | $1.76 Billion | +21.75% |
| 2016 | $1.44 Billion | +30.07% |
| 2015 | $1.11 Billion | -- |
End of Day Market Cap According to Different Sources
On Sep 17th, 2026 the market cap of Independence Realty Trust Inc was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $3.52 Billion USD |
| MoneyControl | $3.52 Billion USD |
| MarketWatch | $3.52 Billion USD |
| marketcap.company | $3.52 Billion USD |
| Reuters | $3.52 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Independence Realty Trust Inc
Independence Realty Trust, Inc. a Maryland corporation, is a self-administered and self-managed real estate investment trust (REIT) that acquires, owns, operates, improves and manages multifamily apartment communities across non-gateway U.S. markets. As of December 31, 2025, we owned and operated 114 multifamily apartment properties (including one owned through a consolidated joint venture) that … Read more