NexPoint Real Estate Finance (NREF) EV to FCF (2020 - 2026)
NexPoint Real Estate Finance's (NREF) EV to FCF stood at 25.86 in Q2 2026, up 270.1% from 6.99 a year earlier and up 64.3% from the prior quarter.
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Analysis
NexPoint Real Estate Finance (NREF) EV to FCF (2020 - 2026) Analysis & Trends
On a TTM basis, NexPoint Real Estate Finance's EV to FCF came in at -7.54 as of Jun 30, 2026; for FY2025, it came in at 11.36, up 12.5% from FY2024.
- Annual EV to FCF has increased for three straight years.
- Across earlier years, EV to FCF came in at 10.10 in FY2024 (+12.7%), 8.96 in FY2023 (+118.9%), 4.09 in FY2022 (-33.5%) and 6.16 in FY2021 (-27.8%).
- The Q2 2026 figure is the highest quarterly EV to FCF in data going back to Q4 2020.
- On a year-over-year basis, EV to FCF has increased for three consecutive quarters, with growth averaging 42.5% over the last eight quarters.
- Peak year-over-year performance for EV to FCF in the last five years was growth of 270.1% in Q2 2026, against a decline of 48.4% in Q2 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 15.73 (Q1 2026), 11.36 (Q4 2025) and 8.67 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - |
| 10 | NexPoint Real Estate Finance | 292.52 Mn | -51.76 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.86 |
| Mar 31, 2026 | 15.73 |
| Dec 31, 2025 | 11.36 |
| Sep 30, 2025 | 8.67 |
| Jun 30, 2025 | 6.99 |
| Mar 31, 2025 | 10.07 |
| Dec 31, 2024 | 10.10 |
| Sep 30, 2024 | 9.31 |
| Jun 30, 2024 | 13.54 |
| Mar 31, 2024 | 7.56 |
| Dec 31, 2023 | 8.96 |
| Sep 30, 2023 | 8.45 |
| Jun 30, 2023 | 7.09 |
| Mar 31, 2023 | 5.79 |
| Dec 31, 2022 | 4.09 |
| Sep 30, 2022 | 3.62 |
| Jun 30, 2022 | 4.02 |
| Mar 31, 2022 | 4.79 |
| Dec 31, 2021 | 6.16 |
| Sep 30, 2021 | 6.02 |
API Access
NexPoint Real Estate Finance EV to FCF API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=NREF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "ticker": "NREF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=NREF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();