NexPoint Real Estate Finance (NREF) Debt Ratio (2020 - 2026)

NexPoint Real Estate Finance (NREF) recorded quarterly Debt Ratio of 0.02 in Q1 2026, up 1.65% quarter-over-quarter from 0.02 in Q4 2025, and down 50.55% on a YoY basis from 0.04 in Q1 2025.

NexPoint Real Estate Finance (NREF) Debt Ratio (2020 - 2026) Analysis & Trends

NexPoint Real Estate Finance's Debt Ratio history runs 7 years deep, the most recent figure standing at 0.02 for Q1 2026.

  • In Q1 2026, Debt Ratio fell 50.55% year-over-year to 0.02; the TTM figure through Mar 2026 stood at 0.02 (down 50.55% YoY), while the FY2025 annual figure was 0.02, up 13.18% from the prior year.
  • Debt Ratio was 0.02 for Q1 2026 at NexPoint Real Estate Finance, up from 0.02 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.09 in Q1 2023 to a low of 0.0 in Q2 2023.
  • Historically, Debt Ratio has averaged 0.03 across 5 years, with a median of 0.02 in 2025.
  • The sharpest annual moves came in 2022 and 2024: Debt Ratio slumped 91.47% in 2022, then surged 865.98% in 2024.
  • A 5-year view of Debt Ratio shows it stood at 0.03 in 2022, then tumbled by 45.78% to 0.01 in 2023, then gained by 29.32% to 0.02 in 2024, then grew by 13.18% to 0.02 in 2025, then increased by 1.65% to 0.02 in 2026.
  • The last three Debt Ratio figures came in at 0.02 (Q1 2026), 0.02 (Q4 2025), and 0.05 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Annaly Capital Management 15.34 Bn 13.08 Bn - 0.22
2 AGNC Investment 11.42 Bn 10.75 Bn - 0.74
3 Starwood Property Trust 6.25 Bn 6.25 Bn - 0.07
4 Rithm Capital 5.08 Bn 4.78 Bn - -
5 Blackstone Mortgage Trust 3.10 Bn 2.56 Bn - 0.04
6 Dynex Capital 2.58 Bn 1.80 Bn - -
7 Armour Residential REIT 2.05 Bn 1.32 Bn - 0.86
8 Ellington Financial 1.67 Bn 1.39 Bn - -
9 Two Harbors Investment 1.29 Bn 746.67 Mn - 0.01
10 NexPoint Real Estate Finance 296.38 Mn 303.38 Mn - 0.02

Historic Data

Download Data
DateValue
Mar 31, 2026 0.02
Dec 31, 2025 0.02
Sep 30, 2025 0.05
Jun 30, 2025 0.05
Mar 31, 2025 0.04
Dec 31, 2024 0.02
Sep 30, 2024 0.05
Jun 30, 2024 0.04
Mar 31, 2024 0.01
Dec 31, 2023 0.01
Sep 30, 2023 0.00
Jun 30, 2023 0.00
Mar 31, 2023 0.09
Dec 31, 2022 0.03
Sep 30, 2022 0.01
Jun 30, 2022 0.02
Mar 31, 2022 0.01
Dec 31, 2021 0.09
Sep 30, 2021 0.14
Jun 30, 2021 0.13