Independence Realty Trust, Inc. company logo
Independence Realty Trust, Inc. logo

IRT Interest Expense

Annual Interest Expense

$56.41M$52.70M-48.30%

Summary

Current Value
As of today, IRT annual interest expense is $56.41M, down -48.30% on
Historical Performance
IRT annual interest expense is up +26.66% over the past 3 years, and up +39.75% over the past 5 years
All-Time High Comparison
IRT annual interest expense is currently -48.30% below its historical high of $109.11M set on
3-Year Low Comparison
IRT annual interest expense is at its 3-year low
Sector Comparison
IRT annual interest expense is higher than 45.45% of companies in Real Estate sector

Interest Expense Chart

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Series
SUGGESTED SERIES

Performance

IRT Performance
MetricDateValue1Y3Y5Y15Y
Annual Interest Expense$56.41M-48.3%+26.7%+39.8%+100.0%
Quarterly Interest Expense$16.97M+29.6%-25.0%+127.0%+100.0%
TTM Interest Expense$64.07M-40.4%-24.6%+83.3%+100.0%
Price$17.29-7.9%+2.6%+31.1%
Annual Interest Coverage Ratio2.29+72.2%+97.4%+92.4%
Annual EBIT$129.43M-10.5%+149.6%+170.4%+10000.0%
Annual Total Debt$2.28B-6.3%-15.9%+130.3%+100.0%
Annual Revenue$640.04M-3.2%+152.9%+215.2%+10000.0%

Interest Expense Highs

IRT Annual Interest Expense Highs Comparison
PeriodHighDateCurrent
3Y$109.11M-48.3%
5Y$109.11M-48.3%
All$109.11M-48.3%

Interest Expense Lows

IRT Annual Interest Expense Lows Comparison
PeriodLowDateCurrent
3Y$56.41Mat low
5Y$31.14MN/A+81.2%
All$0.00N/A

Interest Expense History

YearValueChange
$56.41M-48.3%
$109.11M+27.4%
$85.66M+92.3%
$44.54M+43.0%
$31.14M-22.9%
$40.37M+16.5%
YearValueChange
$34.63M+21.1%
$28.60M-18.4%
$35.04M+48.8%
$23.55M+177.2%
$8.50M-

FAQ

  • What is the current annual interest expense of IRT?

    As of today, IRT annual interest expense is $56.41M

  • What is 1-year change in IRT annual interest expense?

    IRT annual interest expense is down -48.30% year-over-year

  • What is 3-year change in IRT annual interest expense?

    IRT annual interest expense is up +26.66% over the past 3 years

  • How far is IRT annual interest expense from its all-time high?

    IRT annual interest expense is currently -48.30% below its historical high of $109.11M set on December 31, 2023

  • How does IRT annual interest expense rank versus sector peers?

    IRT annual interest expense is higher than 45.45% of companies in Real Estate sector

  • When is IRT next annual earnings release?

    The next annual earnings release for IRT is on

Interest Expense Formula

Interest Expense = Carrying Value of Debt × Effective Interest Rate

Data Sources & References

  1. IRT Official Website www.irtliving.com
  2. Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/1466085/000143774925032428/0001437749-25-032428-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1466085/000146608525000021/0001466085-25-000021-index.htm
  4. IRT Profile on Yahoo Finance finance.yahoo.com/quote/IRT
  5. IRT Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/irt