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Independence Realty Trust (Independence Realty Trust) Price-to-Free-Cash-Flow : 30.72 (As of May. 01, 2024)


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What is Independence Realty Trust Price-to-Free-Cash-Flow?

As of today (2024-05-01), Independence Realty Trust's share price is $15.79. Independence Realty Trust's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $0.51. Hence, Independence Realty Trust's Price-to-Free-Cash-Flow Ratio for today is 30.72.

The historical rank and industry rank for Independence Realty Trust's Price-to-Free-Cash-Flow or its related term are showing as below:

IRT' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 10.74   Med: 30.38   Max: 197.71
Current: 30.94

During the past 13 years, Independence Realty Trust's highest Price-to-Free-Cash-Flow Ratio was 197.71. The lowest was 10.74. And the median was 30.38.

IRT's Price-to-Free-Cash-Flow is ranked worse than
85.67% of 698 companies
in the REITs industry
Industry Median: 12.08 vs IRT: 30.94

Independence Realty Trust's Free Cash Flow per Share for the three months ended in Mar. 2024 was $0.02. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $0.51.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Independence Realty Trust was -30.60% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 9.10% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 9.80% per year.

During the past 13 years, Independence Realty Trust's highest 3-Year average Free Cash Flow per Share Growth Rate was 57.30% per year. The lowest was -35.90% per year. And the median was 3.15% per year.


Independence Realty Trust Price-to-Free-Cash-Flow Historical Data

The historical data trend for Independence Realty Trust's Price-to-Free-Cash-Flow 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.

* Premium members only.

Independence Realty Trust Price-to-Free-Cash-Flow Chart

Independence Realty Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Free-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.32 33.83 303.88 22.72 29.71

Independence Realty Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Free-Cash-Flow 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 23.10 28.56 26.15 29.71 -

Competitive Comparison of Independence Realty Trust's Price-to-Free-Cash-Flow

For the REIT - Residential subindustry, Independence Realty Trust's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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's Price-to-Free-Cash-Flow Distribution in the REITs Industry

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

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



Independence Realty Trust Price-to-Free-Cash-Flow Calculation

Independence Realty Trust's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=15.79/0.514
=30.72

Independence Realty Trust's Share Price of today is $15.79.
Independence Realty Trust's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.51.

* 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.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Independence Realty Trust  (NYSE:IRT) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Independence Realty Trust Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Independence Realty Trust's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


Independence Realty Trust (Independence Realty Trust) Business Description

Traded in Other Exchanges
N/A
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 Louisville, Memphis, Atlanta, and Raleigh. The company is focused on gaining scale within key amenity-rich submarkets that offer school districts, retail, and employment centers.
Executives
Michele R. Weisbaum other: General Counsel C/O RESOURCE AMERICA, INC., 1845 WALNUT STREET, 18TH FLOOR, PHILADELPHIA PA 19103
Scott Schaeffer director, officer: Chairman, CEO & President C/O INDEPENDENCE REALTY TRUST, 1835 MARKET STREET, SUITE 2601, PHILADELPHIA PA 19103
Ella S Neyland director, officer: Chief Operating Officer
Stephen R. Bowie director 18100 VON KARMAN AVENUE, SUITE 500, IRVINE CA 92612
Thomas H. Purcell director 18100 VON KARMAN AVENUE, SUITE 500, IRVINE CA 92612
Ned Brines director 18100 VON KARMAN AVENUE, SUITE 500, IRVINE CA 92612
Del Rio Ana Marie director 18100 VON KARMAN AVE, SUITE 500, IRVINE CA 92612
Lisa Washington director 311 ROUSER ROAD, MOON TOWNSHIP PA 15108
Richard H Ross director C/O INDEPENDENCE REALTY TRUST, 1835 MARKET STREET, SUITE 2601, PHILADELPHIA PA 19103
James J Sebra officer: CFO & Treasurer C/O INDEPENDENCE REALTY TRUST, 1835 MARKET STREET, SUITE 2601, PHILADELPHIA PA 19103
William C Dunkelberg director C/O INDEPENDENCE REALTY TRUST, 1835 MARKET STREET, SUITE 2601, PHILADELPHIA PA 19103
Jessica K Norman officer: EVP, General Counsel 1835 MARKET STREET, SUITE 2601, PHILADELPHIA PA 19103
Jason R Delozier officer: CAO and Controller C/O INDEPENDENCE REALTY TRUST, 1835 MARKET STREET, SUITE 2601, PHILADELPHIA PA 19103
Richard D Gebert director C/O INDEPENDENCE REALTY TRUST, 1835 MARKET STREET, SUITE 2601, PHILADELPHIA PA 19103
Melinda H Mcclure director C/O INDEPENDENCE REALTY TRUST, 1835 MARKET STREET, SUITE 2601, PHILADELPHIA PA 19103