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Side-by-side financial comparison of INDEPENDENCE REALTY TRUST, INC. (IRT) and OIL STATES INTERNATIONAL, INC (OIS). Click either name above to swap in a different company.

OIL STATES INTERNATIONAL, INC is the larger business by last-quarter revenue ($178.5M vs $165.3M, roughly 1.1× INDEPENDENCE REALTY TRUST, INC.). On growth, OIL STATES INTERNATIONAL, INC posted the faster year-over-year revenue change (8.4% vs 2.5%). Over the past eight quarters, OIL STATES INTERNATIONAL, INC's revenue compounded faster (3.3% CAGR vs 2.2%).

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.

Oil States International, Inc. is an American multinational corporation. It focuses on providing services to oil and gas companies. It is a public company listed on the New York Stock Exchange.

IRT vs OIS — Head-to-Head

Bigger by revenue
OIS
OIS
1.1× larger
OIS
$178.5M
$165.3M
IRT
Growing faster (revenue YoY)
OIS
OIS
+5.9% gap
OIS
8.4%
2.5%
IRT
Faster 2-yr revenue CAGR
OIS
OIS
Annualised
OIS
3.3%
2.2%
IRT

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
IRT
IRT
OIS
OIS
Revenue
$165.3M
$178.5M
Net Profit
$-117.2M
Gross Margin
10.9%
Operating Margin
-63.7%
Net Margin
-65.7%
Revenue YoY
2.5%
8.4%
Net Profit YoY
-873.2%
EPS (diluted)
$0.00
$-1.99

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.

Revenue
IRT
IRT
OIS
OIS
Q1 26
$165.3M
Q4 25
$167.1M
$178.5M
Q3 25
$167.1M
$165.2M
Q2 25
$162.2M
$165.4M
Q1 25
$161.2M
$159.9M
Q4 24
$161.0M
$164.6M
Q3 24
$160.1M
$174.3M
Q2 24
$158.4M
$186.4M
Net Profit
IRT
IRT
OIS
OIS
Q1 26
Q4 25
$33.3M
$-117.2M
Q3 25
$6.9M
$1.9M
Q2 25
$8.0M
$2.8M
Q1 25
$8.4M
$3.2M
Q4 24
$-1.0M
$15.2M
Q3 24
$12.4M
$-14.3M
Q2 24
$10.4M
$1.3M
Gross Margin
IRT
IRT
OIS
OIS
Q1 26
Q4 25
10.9%
Q3 25
22.1%
Q2 25
24.2%
Q1 25
23.3%
Q4 24
23.7%
Q3 24
21.7%
Q2 24
23.8%
Operating Margin
IRT
IRT
OIS
OIS
Q1 26
Q4 25
-63.7%
Q3 25
2.9%
Q2 25
3.2%
Q1 25
3.5%
Q4 24
11.2%
Q3 24
-6.3%
Q2 24
1.1%
Net Margin
IRT
IRT
OIS
OIS
Q1 26
Q4 25
19.9%
-65.7%
Q3 25
4.1%
1.2%
Q2 25
5.0%
1.7%
Q1 25
5.2%
2.0%
Q4 24
-0.6%
9.2%
Q3 24
7.7%
-8.2%
Q2 24
6.5%
0.7%
EPS (diluted)
IRT
IRT
OIS
OIS
Q1 26
$0.00
Q4 25
$0.14
$-1.99
Q3 25
$0.03
$0.03
Q2 25
$0.03
$0.05
Q1 25
$0.04
$0.05
Q4 24
$-0.01
$0.24
Q3 24
$0.05
$-0.23
Q2 24
$0.05
$0.02

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
IRT
IRT
OIS
OIS
Cash + ST InvestmentsLiquidity on hand
$23.3M
$69.9M
Total DebtLower is stronger
$1.7M
Stockholders' EquityBook value
$3.4B
$573.2M
Total Assets
$6.1B
$883.4M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IRT
IRT
OIS
OIS
Q1 26
$23.3M
Q4 25
$23.6M
$69.9M
Q3 25
$23.3M
$67.1M
Q2 25
$19.5M
$53.9M
Q1 25
$29.1M
$66.8M
Q4 24
$21.2M
$65.4M
Q3 24
$17.6M
$46.0M
Q2 24
$21.0M
$25.2M
Total Debt
IRT
IRT
OIS
OIS
Q1 26
Q4 25
$2.3B
$1.7M
Q3 25
$2.3B
$1.9M
Q2 25
$2.2B
$1.9M
Q1 25
$2.3B
$124.7M
Q4 24
$2.3B
$124.7M
Q3 24
$2.3B
$124.6M
Q2 24
$2.3B
$124.3M
Stockholders' Equity
IRT
IRT
OIS
OIS
Q1 26
$3.4B
Q4 25
$3.5B
$573.2M
Q3 25
$3.5B
$689.0M
Q2 25
$3.4B
$690.6M
Q1 25
$3.5B
$683.4M
Q4 24
$3.4B
$680.7M
Q3 24
$3.4B
$684.8M
Q2 24
$3.4B
$690.4M
Total Assets
IRT
IRT
OIS
OIS
Q1 26
$6.1B
Q4 25
$6.0B
$883.4M
Q3 25
$6.1B
$1.0B
Q2 25
$6.0B
$993.7M
Q1 25
$6.0B
$990.7M
Q4 24
$6.1B
$1.0B
Q3 24
$5.9B
$994.1M
Q2 24
$5.9B
$1.0B
Debt / Equity
IRT
IRT
OIS
OIS
Q1 26
Q4 25
0.66×
0.00×
Q3 25
0.66×
0.00×
Q2 25
0.66×
0.00×
Q1 25
0.65×
0.18×
Q4 24
0.68×
0.18×
Q3 24
0.68×
0.18×
Q2 24
0.66×
0.18×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
IRT
IRT
OIS
OIS
Operating Cash FlowLast quarter
$50.1M
Free Cash FlowOCF − Capex
$47.1M
FCF MarginFCF / Revenue
26.4%
Capex IntensityCapex / Revenue
1.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$73.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IRT
IRT
OIS
OIS
Q1 26
Q4 25
$282.1M
$50.1M
Q3 25
$79.3M
$30.7M
Q2 25
$82.2M
$15.0M
Q1 25
$60.4M
$9.3M
Q4 24
$259.8M
$18.2M
Q3 24
$69.2M
$28.8M
Q2 24
$83.0M
$10.2M
Free Cash Flow
IRT
IRT
OIS
OIS
Q1 26
Q4 25
$47.1M
Q3 25
$22.0M
Q2 25
$4.7M
Q1 25
$137.0K
Q4 24
$4.0M
Q3 24
$21.4M
Q2 24
$4.5M
FCF Margin
IRT
IRT
OIS
OIS
Q1 26
Q4 25
26.4%
Q3 25
13.3%
Q2 25
2.8%
Q1 25
0.1%
Q4 24
2.4%
Q3 24
12.3%
Q2 24
2.4%
Capex Intensity
IRT
IRT
OIS
OIS
Q1 26
Q4 25
1.7%
Q3 25
5.3%
Q2 25
6.2%
Q1 25
5.7%
Q4 24
8.6%
Q3 24
4.3%
Q2 24
3.1%
Cash Conversion
IRT
IRT
OIS
OIS
Q1 26
Q4 25
8.48×
Q3 25
11.51×
16.15×
Q2 25
10.22×
5.33×
Q1 25
7.23×
2.94×
Q4 24
1.20×
Q3 24
5.60×
Q2 24
8.02×
7.87×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

IRT
IRT

Rental and other property revenue$165.2M100%
Other revenue$109.0K0%

OIS
OIS

Project Driven$112.6M63%
Downhole Technologies$32.1M18%
Completion And Production Services$23.1M13%
Military And Other Products$10.7M6%

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