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iREIT MarketVector Quality REIT Index IRET Multifamily — Real Estate Investment Property, Net

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Other financials

Income statement

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Revenue$65.1M-3.0%
Gross profit$62.7M-3.0%
Operating income-$5.4M-214%
Net income-$15.0M-301%
EPS (diluted)-$0.77-250%

Balance sheet

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Cash & equivalents$10.3M-43.2%
Total debt$1.1B+0.7%
Total equity$695.0M+9.1%
Total assets$1.9B-0.3%

Cash flow

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Operating cash flow$21.4M-15.8%
CapEx$5.3M+5.4%
Free cash flow$16.1M-21.0%

Valuation

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Market cap$0-11.0%

Profitability

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Gross margin96.5%0.0pp
Operating margin28.5%+21.7pp
Net margin11.1%
FCF margin22.1%-0.4pp

Returns & leverage

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Return on equity4.3%
Debt / equity1.5×-0.1×

Where this comes from

Reported directly by iREIT MarketVector Quality REIT Index in its filing.

Tagged under the XBRL concept us-gaap:RealEstateInvestmentPropertyNet.

The official record: iREIT MarketVector Quality REIT Index’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is iREIT MarketVector Quality REIT Index's multifamily — real estate investment property, net?
iREIT MarketVector Quality REIT Index (IRET) reported multifamily — real estate investment property, net of $1.82B in Q1 2026.
How has iREIT MarketVector Quality REIT Index's multifamily — real estate investment property, net changed year-over-year?
iREIT MarketVector Quality REIT Index's multifamily — real estate investment property, net increased by 0.2% year-over-year, from $1.82B to $1.82B.
What is the long-term trend for iREIT MarketVector Quality REIT Index's multifamily — real estate investment property, net?
Over 3 years (2022 to 2025), iREIT MarketVector Quality REIT Index's multifamily — real estate investment property, net has grown at a -1.2% compound annual growth rate (CAGR), from $7.61B to $7.35B.
What does multifamily — real estate investment property, net mean?
This represents the net book value of multifamily residential properties owned by the company after accounting for accumulated depreciation. It serves as a primary indicator of the scale and capital intensity of the company's apartment portfolio. Investors use this to assess the asset base supporting the company's core rental operations.