IRT (Independence Realty Trust) EV-to-EBIT: 49.88 (As of Jul. 18, 2026) — 11% Above Median

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IRT Independence Realty Trust Inc IRT
72 GF Score
Price $16.62
GF Value $17.13
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Independence Realty Trust EV-to-EBIT?

Independence Realty Trust IRT -2.06% 72 EV-to-EBIT is 49.88 as of Jul. 18, 2026, which is 11% above its 10-year median of 45.06. 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 667 REITs companies, Independence Realty Trust ranks worse than 90.25% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Independence Realty Trust's Enterprise Value is $6,456.3 Mil. Independence Realty Trust's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $129.4 Mil. Therefore, Independence Realty Trust's EV-to-EBIT for today is 49.88.

The historical rank and industry rank for Independence Realty Trust's EV-to-EBIT or its related term are showing as below:

IRT' s EV-to-EBIT Range Over the Past 10 Years
Min: 13.72   Med: 45.06   Max: 130.72
Current: 49.88

During the past 13 years, the highest EV-to-EBIT of Independence Realty Trust was 130.72. The lowest was 13.72. And the median was 45.06.

IRT's EV-to-EBIT is ranked worse than
90.25% of 667 companies
in the REITs industry
Industry Median: 18.2 vs IRT: 49.88

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Independence Realty Trust's Enterprise Value for the quarter that ended in Mar. 2026 was $6,048.2 Mil. Independence Realty Trust's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $129.4 Mil. Independence Realty Trust's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 2.14%.


Independence Realty Trust  (NYSE:IRT) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Independence Realty Trust's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=129.437/6048.22422
=2.14 %

Independence Realty Trust's Enterprise Value for the quarter that ended in Mar. 2026 was $6,048.2 Mil.
Independence Realty Trust's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $129.4 Mil.

* 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.


Independence Realty Trust EV-to-EBIT Related Terms


Independence Realty Trust EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Independence Realty Trust's EV-to-EBIT can be seen below:

* 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.

Independence Realty Trust EV-to-EBIT Chart

Independence Realty Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 104.15 31.47 84.59 60.47 47.80

Independence Realty Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 69.39 62.22 62.63 47.80 46.73

IRT vs MRP, JAN, UMH: EV-to-EBIT Comparison

For the REIT - Residential subindustry, Independence Realty Trust's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs REITs Industry

For the REITs industry and Real Estate sector, Independence Realty Trust's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Independence Realty Trust's EV-to-EBIT falls into.


IRT
72GF Score
Independence Realty Trust Inc IRT
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Independence Realty Trust EV-to-EBIT Calculation

Independence Realty Trust's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=6456.259/129.437
=49.88

Independence Realty Trust's current Enterprise Value is $6,456.3 Mil.
Independence Realty Trust's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $129.4 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 49.88 mean?
Independence Realty Trust (IRT) has a EV-to-EBIT of 49.88 as of Jul. 18, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Independence Realty Trust and its competitors. This is 11% above median its historical median of 45.06. Over the past decade, Independence Realty Trust's EV-to-EBIT has ranged from 13.72 to 130.72. According to the industry distribution chart, Independence Realty Trust ranks #602 out of 667 companies in the REITs industry, placing it in the top 90.3%.
Is Independence Realty Trust's EV-to-EBIT too high?
Independence Realty Trust's current EV-to-EBIT of 49.88 is 11% above median its 10-year median of 45.06. Over the past 10 years, this metric has ranged from a low of 13.72 to a high of 130.72. The REITs industry median EV-to-EBIT is 18.20. Independence Realty Trust's value of 49.88 is 174.1% above this industry median. Based on the distribution chart, Independence Realty Trust ranks #602 out of 667 companies in the REITs industry, which is in the bottom quartile relative to peers. 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 EV-to-EBIT compare to MRP and JAN?
According to the REITs industry distribution chart, Independence Realty Trust ranks #602 out of 667 companies for EV-to-EBIT. This places Independence Realty Trust in the lower half of its industry. The industry median EV-to-EBIT is 18.20. Independence Realty Trust's value of 49.88 is 174.1% above this benchmark. Historically, Independence Realty Trust's own EV-to-EBIT has ranged from 13.72 to 130.72 over the past decade. While the company's 10-year median is 45.06 vs. the industry median of 18.20, 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 EV-to-EBIT for a REITs company?
The median EV-to-EBIT among REITs companies is 18.20, based on 667 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Independence Realty Trust's current EV-to-EBIT of 49.88 is 174.1% 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Independence Realty Trust and its competitors. For the REITs industry, the median EV-to-EBIT is 18.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Independence Realty Trust's current EV-to-EBIT is 49.88, which is 11% above median its own 10-year median of 45.06. 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 EV-to-EBIT is 49.88, which is 11% above median its 10-year median of 45.06 and 174.1% above the REITs industry median of 18.20. 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 EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Independence Realty Trust (IRT), the current EV-to-EBIT is 49.88 as of Jul. 18, 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:

  • EV-to-EBIT: 49.88 (11% above median its 10-year median of 45.06)
  • GF Value™: $17.13 vs. price of $16.62 (3% below fair value)
  • GF Score™: 72/100 with 6 warning signs
  • Industry Position: 174.1% above the REITs median (#602 of 667)

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 Business Description

Industry Real EstateREITs
Address 1835 Market Street, Suite 2601, Philadelphia, PA, USA, 19103
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

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$16.62
Price
$17.13
GF Value