NexPoint Real Estate Finance (NREF) FCF Payout Ratio (2020 - 2026)

NexPoint Real Estate Finance's (NREF) quarterly FCF Payout Ratio came in at 1.38 in Q1 2026, up 760.74% year-on-year from 0.16 in Q1 2025, and up 178.6% quarter-over-quarter from 1.76 in Q4 2025.

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

NexPoint Real Estate Finance's FCF Payout Ratio history runs 7 years deep, the most recent figure standing at 1.38 for Q1 2026.

  • On a quarterly basis, FCF Payout Ratio rose 760.74% year-over-year to 1.38 in Q1 2026; TTM through Mar 2026 was 2.75, a 143.09% increase from a year earlier, with the FY2025 full-year figure at 1.65, up 26.93% from the prior year.
  • FCF Payout Ratio improved to 1.38 in Q1 2026 per NREF's latest filing, from 1.76 in the prior quarter.
  • Across five years, FCF Payout Ratio topped out at 3.31 in Q2 2025 and bottomed at 7.96 in Q4 2023.
  • The 5-year median for FCF Payout Ratio is 0.2 (2023), against an average of 0.19.
  • Biggest YoY gain for FCF Payout Ratio was 3740.28% in 2023; the steepest drop was 17649.67% in 2023.
  • Year by year, FCF Payout Ratio stood at 0.05 in 2022, then tumbled by 17649.67% to 7.96 in 2023, then jumped by 127.56% to 2.19 in 2024, then plunged by 180.21% to 1.76 in 2025, then surged by 178.6% to 1.38 in 2026.
  • Per Business Quant, the three latest NREF FCF Payout Ratio figures stand at 1.38 (Q1 2026), 1.76 (Q4 2025), and 1.13 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Annaly Capital Management 16.30 Bn 14.44 Bn - -0.06
2 AGNC Investment 11.85 Bn 11.36 Bn - 1.17
3 Starwood Property Trust 5.99 Bn 5.94 Bn - 0.17
4 Rithm Capital 5.01 Bn 5.01 Bn - -0.28
5 Blackstone Mortgage Trust 2.78 Bn 2.24 Bn - 0.01
6 Ellington Financial 1.63 Bn 1.51 Bn - -1.83
7 Dynex Capital 1.56 Bn 1.05 Bn - 1.47
8 Armour Residential REIT 1.42 Bn 1.34 Bn - 0.46
9 Two Harbors Investment 1.27 Bn 987.19 Mn - 0.63
10 NexPoint Real Estate Finance 305.68 Mn 388.19 Mn - 1.38

Historic Data

Download Data
DateValue
Mar 31, 2026 1.38
Dec 31, 2025 -1.76
Sep 30, 2025 1.13
Jun 30, 2025 3.31
Mar 31, 2025 0.16
Dec 31, 2024 2.19
Sep 30, 2024 0.64
Jun 30, 2024 -1.20
Mar 31, 2024 0.14
Dec 31, 2023 -7.96
Sep 30, 2023 2.24
Jun 30, 2023 1.65
Mar 31, 2023 0.20
Dec 31, 2022 0.05
Sep 30, 2022 0.96
Jun 30, 2022 -0.05
Mar 31, 2022 0.19
Dec 31, 2021 0.13
Sep 30, 2021 0.32
Jun 30, 2021 0.20