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| Date | Value |
|---|---|
| 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 |