Independence Realty Trust EV/EBIT IRT

Enterprise value divided by operating profit over the last twelve months, one-off items taken out, since 2013.

Today, Oct 23, 2026: 47.7×
10-year median: 39.3×
Against its 10-year history: 77th; percentile: 0 is its lowest day, 100 its highest
10-year range: 18.5× to 97.1×
Peer median: 22.3×

Independence Realty Trust's EV/EBIT is 47.7× as of Oct 23, 2026.

That is above its ten-year median of 39.3×, higher than on 77% of days in the last ten years.

Over that time it ranged from 18.5× in Mar 2023 to 97.1× in Apr 2022.

The median for 10 specialty REITs of a similar size is 22.3×.

EV/EBIT over time

median 39.3×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	47.7×	43.1×	54.9×
2025	54.7×	39.2×	54.7×
2024	41.6×	26.6×	44.1×
2023	27.1×	18.5×	28.0×
2022	25.2×	24.7×	97.1×
2021	54.9×	42.6×	61.4×
2020	48.7×	26.7×	49.1×
2019	38.6×	33.6×	40.6×
2018	33.4×	32.6×	38.0×
2017	35.6×	31.8×	41.5×
2016	40.7×	26.0×	129×
2015	62.6×	15.6×	84.2×
2014	31.2×	13.6×	52.7×
2013	14.0×	11.3×	14.8×

Against its peers

Companies in REIT - Specialty nearest Independence Realty Trust's size, closest first, today.

Company	EV/EBIT
IRTIndependence Realty Trust	47.7×
LXPLXP Industrial Trust	42.9×
HIWHighwoods Properties	12.2×
BNLBroadstone Net Lease	24.3×
NHINational Health Investors	n/m
CDPCopt Defense Properties	24.6×
CXWCoreCivic	16.9×
HHHHoward Hughes	13.9×
APLEApple Hospitality REIT	22.3×
EPREPR Properties	18.4×
KRCKilroy Realty	44.5×
Peer median	22.3×

Where Independence Realty Trust ranks

#91of 116Specialty REITs with the lowest EV/EBIT

What the EV/EBIT tells you

What the whole business costs against its operating profit. Enterprise value is the market value plus borrowings and minority interests, less cash. EBIT is operating profit before interest and tax, with one-offs taken out. Unlike PE it is not moved by how a company is financed.

Leases are left out of debt for every company. Banks earn on their balance sheet, so EV/EBIT does not describe them.

More on Independence Realty Trust

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.