Independence Realty Cash Flow Statement
NYSE: IRTReal EstateReal Estate Investment TrustsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Independence Realty free cash flow
In fiscal 2025, Independence Realty generated $282.1 million of operating cash flow and spent $18.2 million on capital expenditures. That left free cash flow of $263.9 million, a free-cash-flow margin of 40.1% of revenue. Free cash flow was up 30.0% from the prior year's $202.9 million.
Independence Realty returned $184.4 million to shareholders: $154.4 million in dividends and $30.0 million in share repurchases, equal to 70% of free cash flow. Free cash flow covered dividend payments 1.7 times.
Summary generated from market data by MetaCap's automated system. Methodology
Independence Realty cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 57.71M | 40.03M | -17.81M | 120.66M | 45.53M | 14.88M | 46.35M | 26.61M | 31.44M | -9.55M |
| Net Income growth (YoY) | +44.15% | — | -114.76% | +165.02% | +206.04% | -67.91% | +74.20% | -15.37% | — | -131.69% |
| Depreciation & Amortization | 243.24M | 220.85M | 218.97M | 252.85M | 76.91M | 60.69M | 52.81M | 45.22M | 34.20M | 34.82M |
| Stock-Based Compensation | 7.88M | 7.08M | 7.66M | 7.89M | 7.23M | 5.56M | 3.12M | 2.52M | 1.97M | 1.22M |
| Change in Working Capital | -6.59M | -16.27M | -13.69M | -6.89M | -4.86M | -1.79M | 4.27M | 2.97M | 121.00K | -4.29M |
| Operating Cash Flow | 282.15M | 259.75M | 262.17M | 249.54M | 52.26M | 74.96M | 75.00M | 68.53M | 54.32M | -7.53M |
| Capital Expenditures | -18.24M | -56.81M | -66.22M | -61.76M | -177.00K | -84.00K | -249.00K | -599.00K | -14.37M | -10.66M |
| Investing Cash Flow | -142.91M | -20.61M | -1.71M | -135.77M | -216.12M | -124.54M | -106.40M | -229.46M | -191.71M | 27.88M |
| Dividends Paid | -154.39M | -144.02M | -134.87M | -105.83M | -49.83M | -56.15M | -64.75M | -52.48M | -52.30M | -36.58M |
| Share Repurchases | -30.00M | 0 | 0 | — | — | — | — | — | — | -62.16M |
| Debt Issued | — | — | — | — | — | — | — | — | — | 209.48M |
| Debt Repaid | -478.20M | -490.65M | -250.34M | — | — | -197.00M | -153.50M | -198.26M | -145.69M | -390.09M |
| Financing Cash Flow | -135.07M | -246.43M | -253.74M | -135.43M | 215.92M | 48.76M | 29.78M | 162.35M | 125.59M | -37.66M |
| Net Change in Cash | 4.17M | -7.28M | 6.71M | -21.65M | 52.06M | -818.00K | -1.61M | 1.43M | -10.91M | -17.41M |
| Free Cash Flow | 263.91M | 202.94M | 195.95M | 187.78M | 52.08M | 74.88M | 74.75M | 67.93M | 39.95M | -18.20M |
This table shows 10 annual periods of Independence Realty's cash flow statement, from FY 2025 back to FY 2016, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow IRT's reporting calendar. What is a cash flow statement?