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Side-by-side financial comparison of INDEPENDENCE REALTY TRUST, INC. (IRT) and TENNANT CO (TNC). Click either name above to swap in a different company.
TENNANT CO is the larger business by last-quarter revenue ($291.6M vs $165.3M, roughly 1.8× INDEPENDENCE REALTY TRUST, INC.). On growth, INDEPENDENCE REALTY TRUST, INC. posted the faster year-over-year revenue change (2.5% vs -11.3%). Over the past eight quarters, INDEPENDENCE REALTY TRUST, INC.'s revenue compounded faster (2.2% CAGR vs -3.2%).
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.
The Tennant Company (TNC:NYQ) is a company with about 4000 employees that provides cleaning products. It is a company that is listed in the New York Stock Exchange.
IRT vs TNC — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $165.3M | $291.6M |
| Net Profit | — | $-4.4M |
| Gross Margin | — | 34.6% |
| Operating Margin | — | -1.4% |
| Net Margin | — | -1.5% |
| Revenue YoY | 2.5% | -11.3% |
| Net Profit YoY | — | -166.7% |
| EPS (diluted) | $0.00 | $-0.21 |
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 | $291.6M | ||
| Q3 25 | $167.1M | $303.3M | ||
| Q2 25 | $162.2M | $318.6M | ||
| Q1 25 | $161.2M | $290.0M | ||
| Q4 24 | $161.0M | $328.9M | ||
| Q3 24 | $160.1M | $315.8M | ||
| Q2 24 | $158.4M | $331.0M |
| Q1 26 | — | — | ||
| Q4 25 | $33.3M | $-4.4M | ||
| Q3 25 | $6.9M | $14.9M | ||
| Q2 25 | $8.0M | $20.2M | ||
| Q1 25 | $8.4M | $13.1M | ||
| Q4 24 | $-1.0M | $6.6M | ||
| Q3 24 | $12.4M | $20.8M | ||
| Q2 24 | $10.4M | $27.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | 34.6% | ||
| Q3 25 | — | 42.7% | ||
| Q2 25 | — | 42.1% | ||
| Q1 25 | — | 41.4% | ||
| Q4 24 | — | 41.3% | ||
| Q3 24 | — | 42.4% | ||
| Q2 24 | — | 43.1% |
| Q1 26 | — | — | ||
| Q4 25 | — | -1.4% | ||
| Q3 25 | — | 7.4% | ||
| Q2 25 | — | 9.6% | ||
| Q1 25 | — | 6.8% | ||
| Q4 24 | — | 2.3% | ||
| Q3 24 | — | 9.7% | ||
| Q2 24 | — | 11.7% |
| Q1 26 | — | — | ||
| Q4 25 | 19.9% | -1.5% | ||
| Q3 25 | 4.1% | 4.9% | ||
| Q2 25 | 5.0% | 6.3% | ||
| Q1 25 | 5.2% | 4.5% | ||
| Q4 24 | -0.6% | 2.0% | ||
| Q3 24 | 7.7% | 6.6% | ||
| Q2 24 | 6.5% | 8.4% |
| Q1 26 | $0.00 | — | ||
| Q4 25 | $0.14 | $-0.21 | ||
| Q3 25 | $0.03 | $0.80 | ||
| Q2 25 | $0.03 | $1.08 | ||
| Q1 25 | $0.04 | $0.69 | ||
| Q4 24 | $-0.01 | $0.35 | ||
| Q3 24 | $0.05 | $1.09 | ||
| Q2 24 | $0.05 | $1.45 |
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 | — |
| Total DebtLower is stronger | — | $273.2M |
| Stockholders' EquityBook value | $3.4B | $601.6M |
| Total Assets | $6.1B | $1.3B |
| Debt / EquityLower = less leverage | — | 0.45× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $23.3M | — | ||
| Q4 25 | $23.6M | — | ||
| Q3 25 | $23.3M | — | ||
| Q2 25 | $19.5M | — | ||
| Q1 25 | $29.1M | — | ||
| Q4 24 | $21.2M | — | ||
| Q3 24 | $17.6M | — | ||
| Q2 24 | $21.0M | — |
| Q1 26 | — | — | ||
| Q4 25 | $2.3B | $273.2M | ||
| Q3 25 | $2.3B | $238.3M | ||
| Q2 25 | $2.2B | $213.4M | ||
| Q1 25 | $2.3B | $213.3M | ||
| Q4 24 | $2.3B | $198.2M | ||
| Q3 24 | $2.3B | $208.6M | ||
| Q2 24 | $2.3B | $205.6M |
| Q1 26 | $3.4B | — | ||
| Q4 25 | $3.5B | $601.6M | ||
| Q3 25 | $3.5B | $640.9M | ||
| Q2 25 | $3.4B | $651.9M | ||
| Q1 25 | $3.5B | $624.4M | ||
| Q4 24 | $3.4B | $620.8M | ||
| Q3 24 | $3.4B | $647.2M | ||
| Q2 24 | $3.4B | $624.6M |
| Q1 26 | $6.1B | — | ||
| Q4 25 | $6.0B | $1.3B | ||
| Q3 25 | $6.1B | $1.3B | ||
| Q2 25 | $6.0B | $1.2B | ||
| Q1 25 | $6.0B | $1.2B | ||
| Q4 24 | $6.1B | $1.2B | ||
| Q3 24 | $5.9B | $1.2B | ||
| Q2 24 | $5.9B | $1.2B |
| Q1 26 | — | — | ||
| Q4 25 | 0.66× | 0.45× | ||
| Q3 25 | 0.66× | 0.37× | ||
| Q2 25 | 0.66× | 0.33× | ||
| Q1 25 | 0.65× | 0.34× | ||
| Q4 24 | 0.68× | 0.32× | ||
| Q3 24 | 0.68× | 0.32× | ||
| Q2 24 | 0.66× | 0.33× |
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 | — | $14.2M |
| Free Cash FlowOCF − Capex | — | $9.7M |
| FCF MarginFCF / Revenue | — | 3.3% |
| Capex IntensityCapex / Revenue | — | 1.5% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $43.3M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $282.1M | $14.2M | ||
| Q3 25 | $79.3M | $28.7M | ||
| Q2 25 | $82.2M | $22.5M | ||
| Q1 25 | $60.4M | $-400.0K | ||
| Q4 24 | $259.8M | $37.5M | ||
| Q3 24 | $69.2M | $30.7M | ||
| Q2 24 | $83.0M | $18.6M |
| Q1 26 | — | — | ||
| Q4 25 | — | $9.7M | ||
| Q3 25 | — | $22.3M | ||
| Q2 25 | — | $18.7M | ||
| Q1 25 | — | $-7.4M | ||
| Q4 24 | — | $28.1M | ||
| Q3 24 | — | $26.4M | ||
| Q2 24 | — | $14.4M |
| Q1 26 | — | — | ||
| Q4 25 | — | 3.3% | ||
| Q3 25 | — | 7.4% | ||
| Q2 25 | — | 5.9% | ||
| Q1 25 | — | -2.6% | ||
| Q4 24 | — | 8.5% | ||
| Q3 24 | — | 8.4% | ||
| Q2 24 | — | 4.4% |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.5% | ||
| Q3 25 | — | 2.1% | ||
| Q2 25 | — | 1.2% | ||
| Q1 25 | — | 2.4% | ||
| Q4 24 | — | 2.9% | ||
| Q3 24 | — | 1.4% | ||
| Q2 24 | — | 1.3% |
| Q1 26 | — | — | ||
| Q4 25 | 8.48× | — | ||
| Q3 25 | 11.51× | 1.93× | ||
| Q2 25 | 10.22× | 1.11× | ||
| Q1 25 | 7.23× | -0.03× | ||
| Q4 24 | — | 5.68× | ||
| Q3 24 | 5.60× | 1.48× | ||
| Q2 24 | 8.02× | 0.67× |
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% |
TNC
| Equipment Sales | $165.5M | 57% |
| Parts And Consumables | $69.1M | 24% |
| Service And Other | $57.0M | 20% |
