IRT (Independence Realty Trust) FFO per Share: $1.25 (TTM As of Mar. 2026)

What is Independence Realty Trust FFO per Share?

Independence Realty Trust IRT -1.04% 72 FFO per Share is $1.25 as of Mar. 2026. GuruFocus rates IRT with a GF Score™ of 72/100 and a GF Value™ of $17.12 (Fairly Valued). The stock has 6 warning signs investors should review.

Independence Realty Trust's FFO per Share for the three months ended in Mar. 2026 was $0.27. Independence Realty Trust's FFO per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $1.25.

Independence Realty Trust FFO per Share Related Terms

Independence Realty Trust FFO per Share Historical Data

* Premium members only.

The historical data trend for Independence Realty Trust's FFO per Share 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 FFO per Share Chart

Independence Realty Trust Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

FFO per Share

Get a 7-Day Free Trial

0.32

1.16

1.20

1.26

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
FFO per Share	Get a 7-Day Free Trial															0.28	0.29	0.35	0.33	0.27

IRT vs MRP, JAN, UMH: FFO per Share Comparison

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

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

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

Save Embed

72GF Score

Independence Realty Trust Inc IRT

FFO per Share is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Independence Realty Trust FFO per Share Calculation

FFO per Share is the amount of funds from operations per outstanding share of the REITs stock.

Independence Realty Trust's FFO per Share for the fiscal year that ended in Dec. 2025 is calculated as

FFO per Share (A: Dec. 2025 )	=	FFO (A: Dec. 2025	/	Shares Outstanding (Diluted Average) (A: Dec. 2025 )
	=	294.638	/	234.750
	=	1.26

Independence Realty Trust's FFO per Share for the quarter that ended in Mar. 2026 is calculated as

FFO per Share (Q: Mar. 2026 )	=	FFO (Q: Mar. 2026 )	/	Shares Outstanding (Diluted Average) (Q: Mar. 2026 )
	=	64.79	/	236.433
	=	0.27

FFO per Share 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 $1.25

Frequently Asked Questions Learn more about FFO per Share →

What does a FFO per Share of $1.25 mean?

Independence Realty Trust (IRT) has a FFO per Share of $1.25 as of Mar. 2026. For REITs, funds from operations equal earnings plus depreciation less gain on sales. View historical data on Independence Realty Trust and its competitors.

Is Independence Realty Trust's FFO per Share too high?

Independence Realty Trust's current FFO per Share is $1.25. 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 FFO per Share compare to MRP and JAN?

Independence Realty Trust's FFO per Share of $1.25 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good FFO per Share for a REITs company?

A good FFO per Share depends on the REITs industry context. However, FFO per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high FFO per Share mean?

A high FFO per Share can signal that a stock is expensive relative to its fundamentals. For REITs, funds from operations equal earnings plus depreciation less gain on sales. View historical data on Independence Realty Trust and its competitors. Independence Realty Trust's current FFO per Share is $1.25. 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 $17.12, compared to a current price of $17.15 — trading 0.2% above its estimated fair value. The current FFO per Share is $1.25. 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 FFO per Share calculated?

FFO per Share is calculated from a company's financial statements. For Independence Realty Trust (IRT), the current FFO per Share is $1.25 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 overvalued. The current stock price of $17.15 is trading 0.2% above its estimated GF Value™ of $17.12. GuruFocus considers Independence Realty Trust to be Fairly Valued.

Key valuation signals for IRT:

FFO per Share: $1.25
GF Value™: $17.12 vs. price of $17.15 (0.2% above fair value)
GF Score™: 72/100 with 6 warning signs

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 Estate REITs

Comparable Companies MRP JAN UMH CSR NXRT AIV BRT FREVS ELME MRTI AVB EQR ESS INVH MAA SUI UDR ELS AMH CPT

Address 1835 Market Street, Suite 2601, Philadelphia, PA, USA, 19103

Website https://www.irtliving.com

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

FFO per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$17.15

Price

$17.12

GF Value

View IRT Analysis

See FFO per Share data for all stocks →