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 $3.89 Billion ($3.89 Billion) as of May 3, 2026. Listed on the NYSE stock exchange, this USA-based company holds position #4220 globally and #1392 in its home market, demonstrating a 2.52% increase 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 $16.25 by its total outstanding shares 239112982 (239.11 Million). Analyse cash flow conversion of Independence Realty Trust Inc to see how efficiently the company converts income to cash.
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 $3.89 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
|
$3.36 Trillion | 0.17% | #327 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
Latest Price to Earnings (P/E) Ratio
73.90x
Independence Realty Trust Inc's market cap is 73.90 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 | $1.46 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 May 3, 2026.
Key companies related to Independence Realty Trust Inc by market ranking:
- AvalonBay Communities Inc (NYSE:AVB): Ranked #1039 globally with a market cap of $24.95 Billion USD.
- Equity Residential (NYSE:EQR): Ranked #1069 globally with a market cap of $24.11 Billion USD.
- Essex Property Trust Inc (NYSE:ESS): Ranked #1466 globally with a market cap of $16.97 Billion USD.
- Invitation Homes Inc (NYSE:INVH): Ranked #1550 globally with a market cap of $15.79 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #1039 | AvalonBay Communities Inc | NYSE:AVB | $24.95 Billion | $183.45 |
| #1069 | Equity Residential | NYSE:EQR | $24.11 Billion | $65.17 |
| #1466 | Essex Property Trust Inc | NYSE:ESS | $16.97 Billion | $263.35 |
| #1550 | Invitation Homes Inc | NYSE:INVH | $15.79 Billion | $28.53 |
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 $ 3.89 Billion, with a yearly change of 12.59%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $3.89 Billion | -7.04% |
| 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 May 3rd, 2026 the market cap of Independence Realty Trust Inc was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $3.89 Billion USD |
| MoneyControl | $3.89 Billion USD |
| MarketWatch | $3.89 Billion USD |
| marketcap.company | $3.89 Billion USD |
| Reuters | $3.89 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. (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