NexPoint Real Estate Finance (NREF) FCF Margin (2020 - 2026)
NexPoint Real Estate Finance's FCF Margin was 15.22% in Q3 2026, down 41.05 percentage points from 56.27% a year earlier but up 52.15 percentage points from the prior quarter.
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Analysis
NexPoint Real Estate Finance (NREF) FCF Margin (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, NexPoint Real Estate Finance's FCF Margin was -1.76% through Sep 30, 2026, down 56.38 percentage points year-over-year; for FY2025, it came in at 35.68%, down 9.28 percentage points from FY2024.
- FCF Margin shows a five-year change of -43.75 percentage points (FY2020 to FY2025).
- In earlier years, FCF Margin was 44.96% in FY2024 (-9.83 pp), 54.79% in FY2023 (+286.61 pp), -231.82% in FY2022 (-253.84 pp) and 22.02% in FY2021 (-57.42 pp).
- Quarterly FCF Margin has moved between -15689.85% (Q1 2022) and 1429.69% (Q2 2022) over five years.
- Compared with a year earlier, FCF Margin has declined for five straight quarters, with an average year-over-year change of -49.23 percentage points over the last seven quarters.
- The best year-over-year quarter for FCF Margin over five years was Q1 2023 (a gain of 15782.95 percentage points); the worst was Q2 2023 (a drop of 1363.07 percentage points).
- Per Business Quant data, NREF's FCF Margin in the three quarters before Q3 2026 was -36.93% (Q2 2026), 408.90% (Q1 2026) and -37.27% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - | 99.42% |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - | 56.70% |
| 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 | - | 10.46% |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - | 50.83% |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - | 11.45% |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn | 73.88% |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - | 137.88% |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - | 332.74% |
| 10 | NexPoint Real Estate Finance | 231.64 Mn | -336.77 Mn | - | 15.22% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 15.22% |
| Jun 30, 2026 | -36.93% |
| Mar 31, 2026 | 408.90% |
| Dec 31, 2025 | -37.27% |
| Sep 30, 2025 | 56.27% |
| Jun 30, 2025 | 23.23% |
| Mar 31, 2025 | 651.06% |
| Dec 31, 2024 | 15.29% |
| Sep 30, 2024 | 65.80% |
| Jun 30, 2024 | -39.42% |
| Dec 31, 2023 | 17.12% |
| Sep 30, 2023 | 49.23% |
| Jun 30, 2023 | 66.62% |
| Mar 31, 2023 | 93.10% |
| Dec 31, 2022 | 70.69% |
| Sep 30, 2022 | 807.33% |
| Jun 30, 2022 | 1,429.69% |
| Mar 31, 2022 | -15,689.85% |
| Dec 31, 2021 | -98.64% |
| Dec 31, 2020 | 43.49% |
API Access
NexPoint Real Estate Finance FCF Margin 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=fcf-margin&ticker=NREF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=NREF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();