NexPoint Real Estate Finance (NREF) Debt to Equity (2020 - 2026)
NexPoint Real Estate Finance (NREF) recorded quarterly Debt to Equity of $0.27 in Q1 2026, little changed quarter-over-quarter from $0.27 in Q4 2025, and down 57.61% on a YoY basis from $0.64 in Q1 2025.
NexPoint Real Estate Finance (NREF) Debt to Equity (2020 - 2026) Analysis & Trends
NexPoint Real Estate Finance's Debt to Equity history runs 7 years deep, the most recent figure standing at $0.27 for Q1 2026.
- In Q1 2026, Debt to Equity fell 57.61% year-over-year to $0.27; the TTM figure through Mar 2026 stood at $0.27 (down 57.61% YoY), while the FY2025 annual figure was $0.27, down 3.57% from the prior year.
- Debt to Equity was $0.27 for Q1 2026 at NexPoint Real Estate Finance, roughly flat from $0.27 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $1.82 in Q1 2023 to a low of $0.09 in Q2 2023.
- Historically, Debt to Equity has averaged $0.5 across 5 years, with a median of $0.3 in 2022.
- The sharpest annual moves came in 2022 and 2024: Debt to Equity tumbled 95.85% in 2022, then jumped 796.96% in 2024.
- A 5-year view of Debt to Equity shows it stood at $0.46 in 2022, then sank by 39.75% to $0.28 in 2023, then rose by 3.05% to $0.28 in 2024, then decreased by 3.57% to $0.27 in 2025, then declined by 0.2% to $0.27 in 2026.
- The last three Debt to Equity figures came in at $0.27 (Q1 2026), $0.27 (Q4 2025), and $0.69 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.34 Bn | 13.08 Bn | - | 1.89 |
| 2 | AGNC Investment | 11.42 Bn | 10.75 Bn | - | 7.19 |
| 3 | Starwood Property Trust | 6.25 Bn | 6.25 Bn | - | 0.61 |
| 4 | Rithm Capital | 5.08 Bn | 4.78 Bn | - | - |
| 5 | Blackstone Mortgage Trust | 3.10 Bn | 2.56 Bn | - | 0.23 |
| 6 | Dynex Capital | 2.58 Bn | 1.80 Bn | - | - |
| 7 | Armour Residential REIT | 2.05 Bn | 1.32 Bn | - | 7.90 |
| 8 | Ellington Financial | 1.67 Bn | 1.39 Bn | - | - |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - | 0.06 |
| 10 | NexPoint Real Estate Finance | 296.38 Mn | 303.38 Mn | - | 0.27 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.27 |
| Dec 31, 2025 | 0.27 |
| Sep 30, 2025 | 0.69 |
| Jun 30, 2025 | 0.75 |
| Mar 31, 2025 | 0.64 |
| Dec 31, 2024 | 0.28 |
| Sep 30, 2024 | 0.76 |
| Jun 30, 2024 | 0.78 |
| Mar 31, 2024 | 0.29 |
| Dec 31, 2023 | 0.28 |
| Sep 30, 2023 | 0.09 |
| Jun 30, 2023 | 0.09 |
| Mar 31, 2023 | 1.82 |
| Dec 31, 2022 | 0.46 |
| Sep 30, 2022 | 0.30 |
| Jun 30, 2022 | 0.30 |
| Mar 31, 2022 | 0.34 |
| Dec 31, 2021 | 3.21 |
| Sep 30, 2021 | 4.78 |
| Jun 30, 2021 | 7.31 |