IRT (Independence Realty Trust) Interest Expense: $-80.4 Mil (TTM As of Mar. 2026)

What is Independence Realty Trust Interest Expense?

Independence Realty Trust IRT -1.04% 72 Interest Expense is $-80.4 Mil 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.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Independence Realty Trust's interest expense for the three months ended in Mar. 2026 was $ -20.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was $-80.4 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Independence Realty Trust's Operating Income for the three months ended in Mar. 2026 was $ 21.8 Mil. Independence Realty Trust's Interest Expense for the three months ended in Mar. 2026 was $ -20.7 Mil. Independence Realty Trust's Interest Coverage for the quarter that ended in Mar. 2026 was 1.05. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Independence Realty Trust (NYSE:IRT) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Independence Realty Trust's Interest Expense for the three months ended in Mar. 2026 was $-20.7 Mil. Its Operating Income for the three months ended in Mar. 2026 was $21.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was $1,637.7 Mil.

Independence Realty Trust's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2026 )	/	Interest Expense (Q: Mar. 2026 )
	=	-1	*	21.815	/	-20.732
	=	1.05

* 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.

The higher the ratio, the stronger the company's financial strength is.

Independence Realty Trust Interest Expense Historical Data

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The historical data trend for Independence Realty Trust's Interest Expense can be seen below:

Independence Realty Trust Interest Expense Chart

Independence Realty Trust Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Interest Expense

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-36.40

-86.96

-89.92

-76.14

-79.00

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
Interest Expense	Get a 7-Day Free Trial															-19.35	-18.77	-20.46	-20.42	-20.73

72GF Score

Independence Realty Trust Inc IRT

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Independence Realty Trust Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense 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 $-80.4 Mil.

Frequently Asked Questions Learn more about Interest Expense →

What does a Interest Expense of $-80.4 Mil mean?

Independence Realty Trust (IRT) has a Interest Expense of $-80.4 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Independence Realty Trust and its competitors.

Is Independence Realty Trust's Interest Expense too high?

Independence Realty Trust's current Interest Expense is $-80.4 Mil. 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 Interest Expense compare to MRP and JAN?

Independence Realty Trust's Interest Expense of $-80.4 Mil 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 Interest Expense for a REITs company?

A good Interest Expense depends on the REITs industry context. However, Interest Expense 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 Interest Expense mean?

A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Independence Realty Trust and its competitors. Independence Realty Trust's current Interest Expense is $-80.4 Mil. 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 Interest Expense is $-80.4 Mil. 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 Interest Expense calculated?

Interest Expense is calculated from a company's financial statements. For Independence Realty Trust (IRT), the current Interest Expense is $-80.4 Mil 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:

Interest Expense: $-80.4 Mil
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

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

$17.15

Price

$17.12

GF Value

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