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Independence Realty Trust IRT Same Store — Other Property Expenses

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Other financials

Income statement

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Revenue$165.3M+2.5%
Net income-$127.0K-101%
EPS (diluted)$0.00+100%

Balance sheet

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Cash & equivalents$23.3M-19.7%
Total debt$2.9M+28.3%
Total equity$3.4B-1.8%
Total assets$6.1B+1.9%

Cash flow

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Operating cash flow$55.3M-8.4%
CapEx$1.6M-50.4%
Free cash flow$69.0M+11.6%

Valuation

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Market cap$4B+0.2%
Enterprise value$3.98B+0.2%
P/E81.6×-60.7×
P/S6.1×-0.1×

Profitability

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Gross margin96.1%
Operating margin26.9%
Net margin7.4%+2.7pp
FCF margin42%+3.3pp

Returns & leverage

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Return on equity1.4%+0.6pp
Debt / equity0.0×

Where this comes from

Reported directly by Independence Realty Trust in its filing.

Tagged under the XBRL concept irt:OtherPropertyExpenses.

The source filing: Independence Realty Trust’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 4:31 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001437749-26-014234
Line itemFor the Three Months Ended March 31, 2026For the Three Months Ended March 31, 2025
Repairs and maintenance4,1754,345
Contract services6,1615,790
Advertising expenses1,8621,933
Other property operating expenses (2)1,5901,623
Total same-store operating expenses57,83956,704
Non same-store
Total non same-store operating expenses4,2852,559
Total reportable segments operating expenses62,12459,263

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FAQ

What is Independence Realty Trust's same store — other property expenses?
Independence Realty Trust (IRT) reported same store — other property expenses of $1.59M in Q1 2026.
How has Independence Realty Trust's same store — other property expenses changed year-over-year?
Independence Realty Trust's same store — other property expenses decreased by 2.0% year-over-year, from $1.62M to $1.59M.
What is the long-term trend for Independence Realty Trust's same store — other property expenses?
Over 2 years (2023 to 2025), Independence Realty Trust's same store — other property expenses has grown at a -2.2% compound annual growth rate (CAGR), from $6.63M to $6.34M.
What does same store — other property expenses mean?
This encompasses miscellaneous costs associated with the operation of the stabilized property portfolio that do not fall into primary expense categories. It is used to monitor secondary operational overhead and ensure comprehensive cost tracking.

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