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Independence Realty Trust (Independence Realty Trust) 3-Year FCF Growth Rate : 9.10% (As of Mar. 2024)


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What is Independence Realty Trust 3-Year FCF Growth Rate?

Independence Realty Trust's Free Cash Flow per Share for the three months ended in Mar. 2024 was $0.02.

During the past 12 months, Independence Realty Trust's average Free Cash Flow per Share Growth Rate was -19.30% 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. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.

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


Competitive Comparison of Independence Realty Trust's 3-Year FCF Growth Rate

For the REIT - Residential subindustry, Independence Realty Trust's 3-Year FCF Growth Rate, along with its competitors' market caps and 3-Year FCF Growth Rate 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 3-Year FCF Growth Rate Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Independence Realty Trust's 3-Year FCF Growth Rate distribution charts can be found below:

* The bar in red indicates where Independence Realty Trust's 3-Year FCF Growth Rate falls into.



Independence Realty Trust 3-Year FCF Growth Rate Calculation

This is the 3-year average growth rate of Free Cash Flow per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.


Independence Realty Trust  (NYSE:IRT) 3-Year FCF Growth Rate Explanation

Free Cash Flow per Share is the amount of Free Cash Flow per outstanding share of the company's stock. Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company. It's used in the calculation of Forward Rate of Return (Yacktman) %.


Independence Realty Trust 3-Year FCF Growth Rate Related Terms

Thank you for viewing the detailed overview of Independence Realty Trust's 3-Year FCF Growth Rate 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