Independence Realty Trust IRT Same Store — Utilities Operating Expense Operations

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Questions, answered.

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.