NexPoint Real Estate Finance (NREF) EV to FCF (2020 - 2026)
NexPoint Real Estate Finance's (NREF) EV to FCF stood at 40.93 in Q2 2026, up 466.5% from 7.23 a year earlier and up 134.9% 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 -12.76 as of Jun 30, 2026; for FY2025, it came in at 12.13, up 16.4% from FY2024.
- Across earlier years, EV to FCF came in at 10.42 in FY2024 (+14.4%), 9.11 in FY2023 and 15.56 in FY2021 (+82.5%).
- 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 69.2% over the last eight quarters.
- Peak year-over-year performance for EV to FCF in the last five years was growth of 466.5% in Q2 2026, against a decline of 49.2% in Q2 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 17.43 (Q1 2026), 12.13 (Q4 2025) and 8.78 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - |
| 10 | NexPoint Real Estate Finance | 231.64 Mn | -336.77 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 40.93 |
| Mar 31, 2026 | 17.43 |
| Dec 31, 2025 | 12.13 |
| Sep 30, 2025 | 8.78 |
| Jun 30, 2025 | 7.23 |
| Mar 31, 2025 | 10.45 |
| Dec 31, 2024 | 10.42 |
| Sep 30, 2024 | 9.57 |
| Jun 30, 2024 | 14.22 |
| Mar 31, 2024 | 7.72 |
| Dec 31, 2023 | 9.11 |
| Sep 30, 2023 | 8.57 |
| Jun 30, 2023 | 7.12 |
| Mar 31, 2023 | 5.81 |
| Dec 31, 2021 | 15.56 |
| Sep 30, 2021 | 6.02 |
| Jun 30, 2021 | 7.16 |
| Mar 31, 2021 | 8.63 |
| Dec 31, 2020 | 8.53 |
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();