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Independence Realty Trust IRT Same Store — Utilities Operating Expense Operations

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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 us-gaap:UtilitiesOperatingExpenseOperations.

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
Real estate taxes19,75019,378
Property insurance3,2783,900
Personnel expenses12,80811,949
Utilities8,2157,786
Repairs and maintenance4,1754,345
Contract services6,1615,790
Advertising expenses1,8621,933
Other property operating expenses (2)1,5901,623

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FAQ

What is Independence Realty Trust's same store — utilities operating expense operations?
Independence Realty Trust (IRT) reported same store — utilities operating expense operations of $8.22M in Q1 2026.
How has Independence Realty Trust's same store — utilities operating expense operations changed year-over-year?
Independence Realty Trust's same store — utilities operating expense operations increased by 5.5% year-over-year, from $7.79M to $8.22M.
What is the long-term trend for Independence Realty Trust's same store — utilities operating expense operations?
Over 2 years (2023 to 2025), Independence Realty Trust's same store — utilities operating expense operations has grown at a 3.1% compound annual growth rate (CAGR), from $28.3M to $30.05M.
What does same store — utilities operating expense operations mean?
This represents the costs for essential utility services, such as water, electricity, and gas, required for the daily operation of common areas and vacant units within the stabilized portfolio. It is a vital metric for evaluating energy management and utility cost control initiatives.

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