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Side-by-side financial comparison of INDEPENDENCE REALTY TRUST, INC. (IRT) and Metallus Inc. (MTUS). Click either name above to swap in a different company.
Metallus Inc. is the larger business by last-quarter revenue ($267.3M vs $165.3M, roughly 1.6× INDEPENDENCE REALTY TRUST, INC.). On growth, Metallus Inc. posted the faster year-over-year revenue change (11.1% vs 2.5%). Over the past eight quarters, INDEPENDENCE REALTY TRUST, INC.'s revenue compounded faster (2.2% CAGR vs -8.8%).
Brandywine Realty Trust is a Philadelphia-based real estate investment trust (REIT) that invests in office buildings in Philadelphia, Washington, D.C., and Austin, Texas.
IRT vs MTUS — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $165.3M | $267.3M |
| Net Profit | — | $-14.3M |
| Gross Margin | — | 2.2% |
| Operating Margin | — | -7.7% |
| Net Margin | — | -5.3% |
| Revenue YoY | 2.5% | 11.1% |
| Net Profit YoY | — | 33.2% |
| EPS (diluted) | $0.00 | $-0.34 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $165.3M | — | ||
| Q4 25 | $167.1M | $267.3M | ||
| Q3 25 | $167.1M | $305.9M | ||
| Q2 25 | $162.2M | $304.6M | ||
| Q1 25 | $161.2M | $280.5M | ||
| Q4 24 | $161.0M | $240.5M | ||
| Q3 24 | $160.1M | $227.2M | ||
| Q2 24 | $158.4M | $294.7M |
| Q1 26 | — | — | ||
| Q4 25 | $33.3M | $-14.3M | ||
| Q3 25 | $6.9M | $8.1M | ||
| Q2 25 | $8.0M | $3.7M | ||
| Q1 25 | $8.4M | $1.3M | ||
| Q4 24 | $-1.0M | $-21.4M | ||
| Q3 24 | $12.4M | $-5.9M | ||
| Q2 24 | $10.4M | $4.6M |
| Q1 26 | — | — | ||
| Q4 25 | — | 2.2% | ||
| Q3 25 | — | 11.4% | ||
| Q2 25 | — | 10.6% | ||
| Q1 25 | — | 7.8% | ||
| Q4 24 | — | 4.5% | ||
| Q3 24 | — | 5.3% | ||
| Q2 24 | — | 8.2% |
| Q1 26 | — | — | ||
| Q4 25 | — | -7.7% | ||
| Q3 25 | — | 3.6% | ||
| Q2 25 | — | 2.8% | ||
| Q1 25 | — | 1.0% | ||
| Q4 24 | — | -10.1% | ||
| Q3 24 | — | -3.1% | ||
| Q2 24 | — | 2.1% |
| Q1 26 | — | — | ||
| Q4 25 | 19.9% | -5.3% | ||
| Q3 25 | 4.1% | 2.6% | ||
| Q2 25 | 5.0% | 1.2% | ||
| Q1 25 | 5.2% | 0.5% | ||
| Q4 24 | -0.6% | -8.9% | ||
| Q3 24 | 7.7% | -2.6% | ||
| Q2 24 | 6.5% | 1.6% |
| Q1 26 | $0.00 | — | ||
| Q4 25 | $0.14 | $-0.34 | ||
| Q3 25 | $0.03 | $0.19 | ||
| Q2 25 | $0.03 | $0.09 | ||
| Q1 25 | $0.04 | $0.03 | ||
| Q4 24 | $-0.01 | $-0.46 | ||
| Q3 24 | $0.05 | $-0.13 | ||
| Q2 24 | $0.05 | $0.10 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $23.3M | $156.7M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $3.4B | $686.0M |
| Total Assets | $6.1B | $1.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $23.3M | — | ||
| Q4 25 | $23.6M | $156.7M | ||
| Q3 25 | $23.3M | $191.5M | ||
| Q2 25 | $19.5M | $190.8M | ||
| Q1 25 | $29.1M | $180.3M | ||
| Q4 24 | $21.2M | $240.7M | ||
| Q3 24 | $17.6M | $254.6M | ||
| Q2 24 | $21.0M | $272.8M |
| Q1 26 | — | — | ||
| Q4 25 | $2.3B | — | ||
| Q3 25 | $2.3B | $0 | ||
| Q2 25 | $2.2B | $0 | ||
| Q1 25 | $2.3B | $5.4M | ||
| Q4 24 | $2.3B | $5.4M | ||
| Q3 24 | $2.3B | $13.2M | ||
| Q2 24 | $2.3B | $13.2M |
| Q1 26 | $3.4B | — | ||
| Q4 25 | $3.5B | $686.0M | ||
| Q3 25 | $3.5B | $697.7M | ||
| Q2 25 | $3.4B | $690.0M | ||
| Q1 25 | $3.5B | $686.1M | ||
| Q4 24 | $3.4B | $690.5M | ||
| Q3 24 | $3.4B | $712.7M | ||
| Q2 24 | $3.4B | $736.3M |
| Q1 26 | $6.1B | — | ||
| Q4 25 | $6.0B | $1.1B | ||
| Q3 25 | $6.1B | $1.2B | ||
| Q2 25 | $6.0B | $1.1B | ||
| Q1 25 | $6.0B | $1.1B | ||
| Q4 24 | $6.1B | $1.1B | ||
| Q3 24 | $5.9B | $1.1B | ||
| Q2 24 | $5.9B | $1.1B |
| Q1 26 | — | — | ||
| Q4 25 | 0.66× | — | ||
| Q3 25 | 0.66× | 0.00× | ||
| Q2 25 | 0.66× | 0.00× | ||
| Q1 25 | 0.65× | 0.01× | ||
| Q4 24 | 0.68× | 0.01× | ||
| Q3 24 | 0.68× | 0.02× | ||
| Q2 24 | 0.66× | 0.02× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $-1.9M |
| Free Cash FlowOCF − Capex | — | $-37.2M |
| FCF MarginFCF / Revenue | — | -13.9% |
| Capex IntensityCapex / Revenue | — | 13.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-93.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $282.1M | $-1.9M | ||
| Q3 25 | $79.3M | $22.0M | ||
| Q2 25 | $82.2M | $34.8M | ||
| Q1 25 | $60.4M | $-38.9M | ||
| Q4 24 | $259.8M | $13.9M | ||
| Q3 24 | $69.2M | $-15.3M | ||
| Q2 24 | $83.0M | $8.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | $-37.2M | ||
| Q3 25 | — | $-6.4M | ||
| Q2 25 | — | $17.0M | ||
| Q1 25 | — | $-66.4M | ||
| Q4 24 | — | $-1.3M | ||
| Q3 24 | — | $-32.9M | ||
| Q2 24 | — | $-5.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | -13.9% | ||
| Q3 25 | — | -2.1% | ||
| Q2 25 | — | 5.6% | ||
| Q1 25 | — | -23.7% | ||
| Q4 24 | — | -0.5% | ||
| Q3 24 | — | -14.5% | ||
| Q2 24 | — | -2.0% |
| Q1 26 | — | — | ||
| Q4 25 | — | 13.2% | ||
| Q3 25 | — | 9.3% | ||
| Q2 25 | — | 5.8% | ||
| Q1 25 | — | 9.8% | ||
| Q4 24 | — | 6.3% | ||
| Q3 24 | — | 7.7% | ||
| Q2 24 | — | 4.8% |
| Q1 26 | — | — | ||
| Q4 25 | 8.48× | — | ||
| Q3 25 | 11.51× | 2.72× | ||
| Q2 25 | 10.22× | 9.41× | ||
| Q1 25 | 7.23× | -29.92× | ||
| Q4 24 | — | — | ||
| Q3 24 | 5.60× | — | ||
| Q2 24 | 8.02× | 1.80× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
IRT
| Rental and other property revenue | $165.2M | 100% |
| Other revenue | $109.0K | 0% |
MTUS
| Industrial Market Sector | $95.3M | 36% |
| Manufactured Components | $67.8M | 25% |
| Aerospace And Defense | $39.6M | 15% |
| Seamless Mechanical Tubing | $31.3M | 12% |
| Energy Market Sector | $18.3M | 7% |
| Other | $11.3M | 4% |
| Other Market Sector | $3.7M | 1% |
