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Independence Realty TrustIRT -2.06%72 Debt-to-EBITDA is 7.14 as of Mar. 2026, which is 14% below its 10-year median of 8.35. GuruFocus rates IRT with a GF Score™ of 72/100 and a GF Value™ of $17.13 (Fairly Valued). The stock has 6 warning signs investors should review. Among 578 REITs companies, Independence Realty Trust ranks better than 50.52% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Independence Realty Trust's Debt-to-EBITDA or its related term are showing as below:
IRT'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 5.72 Med: 8.35 Max: 17.03
Current: 6.43
During the past 13 years, the highest Debt-to-EBITDA Ratio of Independence Realty Trust was 17.03. The lowest was 5.72. And the median was 8.35.
IRT's Debt-to-EBITDA is ranked better than 50.52% of 578
companies
in the REITs industry
Industry Median: 6.49
vs IRT: 6.43
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Independence Realty Trust Debt-to-EBITDA Related Terms
Independence Realty Trust Debt-to-EBITDA Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the REIT - Residential subindustry, Independence Realty Trust's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Independence Realty Trust Debt-to-EBITDA vs REITs Industry
For the REITs industry and Real Estate sector, Independence Realty Trust's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Independence Realty Trust's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Independence Realty Trust (IRT) has a Debt-to-EBITDA of 7.14 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Independence Realty Trust. This is 14% below median its historical median of 8.35. Over the past decade, Independence Realty Trust's Debt-to-EBITDA has ranged from 5.72 to 17.03. According to the industry distribution chart, Independence Realty Trust ranks #286 out of 578 companies in the REITs industry, placing it in the top 49.5%.
Is Independence Realty Trust's Debt-to-EBITDA too high?
Independence Realty Trust's current Debt-to-EBITDA of 7.14 is 14% below median its 10-year median of 8.35. Over the past 10 years, this metric has ranged from a low of 5.72 to a high of 17.03. The REITs industry median Debt-to-EBITDA is 6.49. Independence Realty Trust's value of 7.14 is 10% above this industry median. Based on the distribution chart, Independence Realty Trust ranks #286 out of 578 companies in the REITs industry, which is above the industry midpoint. Overall, Independence Realty Trust has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Independence Realty Trust's Debt-to-EBITDA compare to MRP and JAN?
According to the REITs industry distribution chart, Independence Realty Trust ranks #286 out of 578 companies for Debt-to-EBITDA. This puts Independence Realty Trust in the upper half of its industry. The industry median Debt-to-EBITDA is 6.49. Independence Realty Trust's value of 7.14 is 10% above this benchmark. Historically, Independence Realty Trust's own Debt-to-EBITDA has ranged from 5.72 to 17.03 over the past decade. While the company's 10-year median is 8.35 vs. the industry median of 6.49, Independence Realty Trust has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a REITs company?
The median Debt-to-EBITDA among REITs companies is 6.49, based on 578 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Independence Realty Trust's current Debt-to-EBITDA of 7.14 is 10% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Independence Realty Trust. For the REITs industry, the median Debt-to-EBITDA is 6.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Independence Realty Trust's current Debt-to-EBITDA is 7.14, which is 14% below median its own 10-year median of 8.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Independence Realty Trust stock overvalued right now?
Based on GuruFocus' analysis, Independence Realty Trust (IRT) is currently considered Fairly Valued. The stock's GF Value™ is $17.13, compared to a current price of $16.62 — trading 3% below its estimated fair value. The current Debt-to-EBITDA is 7.14, which is 14% below median its 10-year median of 8.35 and 10% above the REITs industry median of 6.49. Independence Realty Trust's overall GF Score™ is 72/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Independence Realty Trust (IRT), the current Debt-to-EBITDA is 7.14 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Independence Realty Trust (IRT) Overvalued in 2026?
Based on GuruFocus' analysis, Independence Realty Trust stock appears to be undervalued.
The current stock price of $16.62 is trading 3% below its estimated GF Value™ of $17.13.
GuruFocus considers Independence Realty Trust to be Fairly Valued.
Key valuation signals for IRT:
Debt-to-EBITDA: 7.14 (14% below median its 10-year median of 8.35)
GF Value™: $17.13 vs. price of $16.62 (3% below fair value)
Industry Position: 10% above the REITs median (#286 of 578)
No single metric tells the full story. See the IRT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Independence Realty Trust Inc is a real estate investment trust (REIT) that acquires, owns, operates, improves and manages multifamily apartment communities across non-gateway U.S. markets. It owns and operates multifamily apartment properties, across non-gateway U.S markets, including Atlanta, Columbus, Dallas, Denver, Houston, Indianapolis, Nashville, Oklahoma City, Raleigh-Durham, and Tampa. The company is focused on gaining scale within key amenity-rich submarkets that offer school districts, retail, and various employment centers.
72GF Score
Get the complete analysis for IRT
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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