vs
Side-by-side financial comparison of INDEPENDENCE REALTY TRUST, INC. (IRT) and TRIMAS CORP (TRS). Click either name above to swap in a different company.
TRIMAS CORP is the larger business by last-quarter revenue ($256.5M vs $165.3M, roughly 1.6× INDEPENDENCE REALTY TRUST, INC.). On growth, TRIMAS CORP posted the faster year-over-year revenue change (3.8% vs 2.5%). Over the past eight quarters, TRIMAS CORP'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.
Trimas Corp is a diversified industrial manufacturing enterprise that designs, produces and distributes a wide portfolio of engineered products, including specialized fasteners, aerospace components, custom packaging solutions, and consumer & industrial hardware. It primarily serves aerospace, automotive, construction, consumer goods and industrial sectors, with core operations across North America and selected global markets.
IRT vs TRS — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $165.3M | $256.5M |
| Net Profit | — | $81.7M |
| Gross Margin | — | 12.8% |
| Operating Margin | — | 5.7% |
| Net Margin | — | 31.9% |
| Revenue YoY | 2.5% | 3.8% |
| Net Profit YoY | — | 236.9% |
| EPS (diluted) | $0.00 | $2.03 |
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 | $256.5M | ||
| Q4 25 | $167.1M | $-140.0M | ||
| Q3 25 | $167.1M | $269.3M | ||
| Q2 25 | $162.2M | $274.8M | ||
| Q1 25 | $161.2M | $241.7M | ||
| Q4 24 | $161.0M | $-66.2M | ||
| Q3 24 | $160.1M | $229.4M | ||
| Q2 24 | $158.4M | $240.5M |
| Q1 26 | — | $81.7M | ||
| Q4 25 | $33.3M | $81.7M | ||
| Q3 25 | $6.9M | $9.3M | ||
| Q2 25 | $8.0M | $16.7M | ||
| Q1 25 | $8.4M | $12.4M | ||
| Q4 24 | $-1.0M | $5.6M | ||
| Q3 24 | $12.4M | $2.5M | ||
| Q2 24 | $10.4M | $10.9M |
| Q1 26 | — | 12.8% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 12.8% | ||
| Q2 25 | — | 13.8% | ||
| Q1 25 | — | 13.6% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 15.4% | ||
| Q2 24 | — | 14.4% |
| Q1 26 | — | 5.7% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 6.2% | ||
| Q2 25 | — | 9.9% | ||
| Q1 25 | — | 9.0% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 3.6% | ||
| Q2 24 | — | 7.4% |
| Q1 26 | — | 31.9% | ||
| Q4 25 | 19.9% | -58.4% | ||
| Q3 25 | 4.1% | 3.5% | ||
| Q2 25 | 5.0% | 6.1% | ||
| Q1 25 | 5.2% | 5.1% | ||
| Q4 24 | -0.6% | -8.5% | ||
| Q3 24 | 7.7% | 1.1% | ||
| Q2 24 | 6.5% | 4.5% |
| Q1 26 | $0.00 | $2.03 | ||
| Q4 25 | $0.14 | $2.01 | ||
| Q3 25 | $0.03 | $0.23 | ||
| Q2 25 | $0.03 | $0.41 | ||
| Q1 25 | $0.04 | $0.30 | ||
| Q4 24 | $-0.01 | $0.14 | ||
| Q3 24 | $0.05 | $0.06 | ||
| Q2 24 | $0.05 | $0.27 |
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 | $30.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $3.4B | $705.6M |
| Total Assets | $6.1B | $1.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $23.3M | $30.0M | ||
| Q4 25 | $23.6M | $30.0M | ||
| Q3 25 | $23.3M | $33.6M | ||
| Q2 25 | $19.5M | $30.3M | ||
| Q1 25 | $29.1M | $32.7M | ||
| Q4 24 | $21.2M | $23.1M | ||
| Q3 24 | $17.6M | $26.9M | ||
| Q2 24 | $21.0M | $35.0M |
| Q1 26 | — | — | ||
| Q4 25 | $2.3B | $469.2M | ||
| Q3 25 | $2.3B | $407.1M | ||
| Q2 25 | $2.2B | $424.5M | ||
| Q1 25 | $2.3B | $434.2M | ||
| Q4 24 | $2.3B | $398.1M | ||
| Q3 24 | $2.3B | $409.9M | ||
| Q2 24 | $2.3B | $427.4M |
| Q1 26 | $3.4B | $705.6M | ||
| Q4 25 | $3.5B | $705.6M | ||
| Q3 25 | $3.5B | $725.0M | ||
| Q2 25 | $3.4B | $715.3M | ||
| Q1 25 | $3.5B | $686.6M | ||
| Q4 24 | $3.4B | $667.3M | ||
| Q3 24 | $3.4B | $682.8M | ||
| Q2 24 | $3.4B | $675.9M |
| Q1 26 | $6.1B | $1.5B | ||
| Q4 25 | $6.0B | $1.5B | ||
| Q3 25 | $6.1B | $1.4B | ||
| Q2 25 | $6.0B | $1.4B | ||
| Q1 25 | $6.0B | $1.4B | ||
| Q4 24 | $6.1B | $1.3B | ||
| Q3 24 | $5.9B | $1.4B | ||
| Q2 24 | $5.9B | $1.4B |
| Q1 26 | — | — | ||
| Q4 25 | 0.66× | 0.66× | ||
| Q3 25 | 0.66× | 0.56× | ||
| Q2 25 | 0.66× | 0.59× | ||
| Q1 25 | 0.65× | 0.63× | ||
| Q4 24 | 0.68× | 0.60× | ||
| Q3 24 | 0.68× | 0.60× | ||
| Q2 24 | 0.66× | 0.63× |
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 | — | $117.5M |
| Free Cash FlowOCF − Capex | — | $36.8M |
| FCF MarginFCF / Revenue | — | 14.4% |
| Capex IntensityCapex / Revenue | — | 18.9% |
| Cash ConversionOCF / Net Profit | — | 1.44× |
| TTM Free Cash FlowTrailing 4 quarters | — | $109.7M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $117.5M | ||
| Q4 25 | $282.1M | $41.5M | ||
| Q3 25 | $79.3M | $36.5M | ||
| Q2 25 | $82.2M | $30.3M | ||
| Q1 25 | $60.4M | $9.2M | ||
| Q4 24 | $259.8M | $27.1M | ||
| Q3 24 | $69.2M | $22.0M | ||
| Q2 24 | $83.0M | $18.4M |
| Q1 26 | — | $36.8M | ||
| Q4 25 | — | $36.8M | ||
| Q3 25 | — | $22.8M | ||
| Q2 25 | — | $13.2M | ||
| Q1 25 | — | $-3.8M | ||
| Q4 24 | — | $12.1M | ||
| Q3 24 | — | $10.2M | ||
| Q2 24 | — | $7.5M |
| Q1 26 | — | 14.4% | ||
| Q4 25 | — | -26.3% | ||
| Q3 25 | — | 8.5% | ||
| Q2 25 | — | 4.8% | ||
| Q1 25 | — | -1.6% | ||
| Q4 24 | — | -18.3% | ||
| Q3 24 | — | 4.4% | ||
| Q2 24 | — | 3.1% |
| Q1 26 | — | 18.9% | ||
| Q4 25 | — | -3.4% | ||
| Q3 25 | — | 5.1% | ||
| Q2 25 | — | 6.2% | ||
| Q1 25 | — | 5.4% | ||
| Q4 24 | — | -22.6% | ||
| Q3 24 | — | 5.2% | ||
| Q2 24 | — | 4.5% |
| Q1 26 | — | 1.44× | ||
| Q4 25 | 8.48× | 0.51× | ||
| Q3 25 | 11.51× | 3.92× | ||
| Q2 25 | 10.22× | 1.81× | ||
| Q1 25 | 7.23× | 0.74× | ||
| Q4 24 | — | 4.80× | ||
| Q3 24 | 5.60× | 8.71× | ||
| Q2 24 | 8.02× | 1.68× |
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% |
TRS
Segment breakdown not available.
