EPR Properties (EPR) vs Independence Realty (IRT)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.
Summary
EPR Properties (EPR) has outperformed Independence Realty (IRT) over the past year, gaining 0.8% versus a loss of 10.5%. Over five years, EPR leads with a +4.0% price change compared with -31.3% for IRT. EPR Properties is the larger company by market cap ($4.19 billion vs $3.57 billion), about 1.2 times the size.
On valuation, EPR Properties trades at a lower forward P/E (17.2x vs 184.6x for Independence Realty). EPR Properties offers the higher dividend yield (6.58% vs 4.67%). EPR Properties converts more of its revenue into profit, with a net margin of 38.3% versus 8.6%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | EPR | IRT |
|---|---|---|
| Share price | $54.74 | $14.77 |
| Market cap | $4.19B | $3.57B |
| 1-day change | +0.61% | +0.89% |
| YTD return | +9.70% | -16.25% |
| 1-year return | +0.77% | -10.51% |
| 5-year return | +3.97% | -31.30% |
| P/E ratio (TTM) | 17.54 | 82.06 |
| Forward P/E | 17.21 | 184.63 |
| EPS (TTM) | $3.12 | $0.18 |
| Dividend yield | 6.58% | 4.67% |
| Annual dividend | $3.60 | $0.69 |
| Revenue (latest FY) | $718.36M | $657.70M |
| Revenue growth (YoY) | +2.91% | +2.76% |
| Net income (latest FY) | $274.94M | $56.56M |
| Operating margin | 57.67% | — |
| Net margin | 38.27% | 8.60% |
| 52-week high | $64.97 | $17.79 |
| 52-week low | $48.11 | $14.33 |
| Distance from 52-week high | -15.75% | -16.98% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +18.16% | +30.47% |
| Average volume | 791.52K | 3.25M |
| Shares outstanding | 76.61M | 235.74M |
| Employees | 54 | 904 |
| Sector | Real Estate | Real Estate |
| Industry | Real Estate Investment Trusts | Real Estate Investment Trusts |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- EPR has outperformed IRT by 11.3 percentage points over the past year.
- Independence Realty trades at a higher earnings multiple (82.1x vs 17.5x trailing P/E).
- EPR Properties offers a meaningfully higher dividend yield (6.58% vs 4.67%).
- EPR Properties is more profitable, keeping 38.3 cents of every revenue dollar as net income versus 8.6 cents for Independence Realty.
About EPR Properties
EPR stock →EPR Properties is the leading diversified experiential net lease real estate investment trust (REIT), specializing in select enduring experiential properties in the real estate industry. We focus on real estate venues that create value by facilitating out-of-home leisure and recreation experiences where consumers choose to spend their discretionary time and money.
Real Estate · Real Estate Investment Trusts · 54 employees
About Independence Realty
IRT stock →Independence Realty Trust, Inc., an S&P 400 MidCap Company, is a real estate investment trust that owns and operates multifamily communities across non-gateway U.S. markets.
Real Estate · Real Estate Investment Trusts · 904 employees
EPR vs IRT FAQ
Which is bigger, EPR Properties or Independence Realty?
EPR Properties (EPR) is larger, with a market capitalization of $4.19B compared with $3.57B for Independence Realty (IRT).
Which stock has performed better over the past year, EPR or IRT?
EPR returned +0.77% over the past 12 months, compared with -10.51% for IRT (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, EPR or IRT?
EPR has the lower trailing P/E at 17.5, versus 82.1 for IRT. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, EPR Properties or Independence Realty?
EPR Properties has the higher yield at 6.58%, compared with 4.67% for Independence Realty.
Are EPR Properties and Independence Realty in the same industry?
Yes. Both are classified in the Real Estate Investment Trusts industry within the Real Estate sector.