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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Independence Realty Trust's annualizedNet Income for the quarter that ended in Jun. 2026 was $13.6 Mil.
Independence Realty Trust's average Total Assets over the quarter that ended in Jun. 2026 was $6,095.5 Mil. Therefore, Independence Realty Trust's annualized ROA % for the quarter that ended in Jun. 2026 was 0.22%.
The historical rank and industry rank for Independence Realty Trust's ROA % or its related term are showing as below:
IRT'
s ROA % Range Over the Past 10 Years
Min: -0.73 Med: 1.01 Max: 2.76
Current: 0.72
During the past 13 years, Independence Realty Trust's highest ROA % was 2.76%. The lowest was -0.73%. And the median was 1.01%.
IRT's ROA % is ranked worse than 74.32% of 923
companies
in the REITs industry
Industry Median: 3.25
vs IRT: 0.72
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 2026) revenue 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
* 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 ROA %, along with its competitors' market caps and ROA % 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 ROA % vs REITs Industry
For the REITs industry and Real Estate sector, Independence Realty Trust's ROA % distribution charts can be found below:
* The bar in red indicates where Independence Realty Trust's ROA % 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 ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Jun. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Independence Realty Trust (IRT) has a ROA % of 0.22% as of Jun. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Independence Realty Trust and its competitors. This is 78% below median its historical median of 1.01. According to the industry distribution chart, Independence Realty Trust ranks #686 out of 923 companies in the REITs industry, placing it in the top 74.3%.
Is Independence Realty Trust's ROA % too high?
Independence Realty Trust's current ROA % of 0.22% is 78% below median its 10-year median of 1.01. The REITs industry median ROA % is 3.25. Independence Realty Trust's value of 0.22% is 93.2% below this industry median. Based on the distribution chart, Independence Realty Trust ranks #686 out of 923 companies in the REITs industry, which is below the industry midpoint. Overall, Independence Realty Trust has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Independence Realty Trust's ROA % compare to MRP and UMH?
According to the REITs industry distribution chart, Independence Realty Trust ranks #686 out of 923 companies for ROA %. This places Independence Realty Trust in the lower half of its industry. The industry median ROA % is 3.25. Independence Realty Trust's value of 0.22% is 93.2% below this benchmark. While the company's 10-year median is 1.01 vs. the industry median of 3.25, Independence Realty Trust has consistently been below 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 ROA % for a REITs company?
The median ROA % among REITs companies is 3.25, based on 923 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Independence Realty Trust's current ROA % of 0.22% is 93.2% below 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Independence Realty Trust and its competitors. For the REITs industry, the median ROA % is 3.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Independence Realty Trust's current ROA % is 0.22%, which is 78% below median its own 10-year median of 1.01. 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 $17.06, compared to a current price of $16.63 — trading 2.5% below its estimated fair value. The current ROA % is 0.22%, which is 78% below median its 10-year median of 1.01 and 93.2% below the REITs industry median of 3.25. Independence Realty Trust's overall GF Score™ is 70/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Independence Realty Trust (IRT), the current ROA % is 0.22% as of Jun. 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 $16.63 is trading 2.5% below its estimated GF Value™ of $17.06.
GuruFocus considers Independence Realty Trust to be Fairly Valued.
Key valuation signals for IRT:
ROA %: 0.22% (78% below median its 10-year median of 1.01)
GF Value™: $17.06 vs. price of $16.63 (2.5% below fair value)
Industry Position: 93.2% below the REITs median (#686 of 923)
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.
70GF Score
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