NexPoint Real Estate Finance (NREF) Invested Capital (2020 - 2026)
NexPoint Real Estate Finance (NREF) reported Invested Capital of $860.1 million for Q2 2026, up 47.7% from $582.14 million a year earlier and up 38.9% from the prior quarter.
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Analysis
NexPoint Real Estate Finance (NREF) Invested Capital (2020 - 2026) Analysis & Trends
For FY2025, NexPoint Real Estate Finance posted Invested Capital of $617.1 million, up 7.8% from FY2024.
- Invested Capital has a five-year compound annual growth rate of 30.5% (FY2020 to FY2025).
- By year, Invested Capital came in at $572.25 million in FY2024 (-42.6%), $997 million in FY2023 (-12.3%), $1.14 billion in FY2022 (+10.2%) and $1.03 billion in FY2021 (+532.0%).
- The Q2 2026 figure ranks as the highest quarterly Invested Capital since Q4 2023.
- Year over year, Invested Capital has now increased in each of the last four quarters, with an average decline of 1.9% over the last eight quarters.
- The high point for year-over-year Invested Capital in five years was Q4 2021 (growth of 532.0%); the low point was Q3 2021 (a decline of 67.7%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $619.37 million (Q1 2026), $617.1 million (Q4 2025) and $597.64 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 40.19 Bn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 69.63 Bn |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 18.75 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 8.82 Bn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 24.41 Bn |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 8.03 Bn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 51.34 Bn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | NexPoint Real Estate Finance | 292.52 Mn | -51.76 Mn | - | 860.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 860.10 Mn |
| Mar 31, 2026 | 619.37 Mn |
| Dec 31, 2025 | 617.10 Mn |
| Sep 30, 2025 | 597.64 Mn |
| Jun 30, 2025 | 582.14 Mn |
| Mar 31, 2025 | 596.40 Mn |
| Dec 31, 2024 | 572.25 Mn |
| Sep 30, 2024 | 592.70 Mn |
| Jun 30, 2024 | 582.34 Mn |
| Mar 31, 2024 | 546.93 Mn |
| Dec 31, 2023 | 997.00 Mn |
| Sep 30, 2023 | 1.02 Bn |
| Jun 30, 2023 | 1.05 Bn |
| Mar 31, 2023 | 1.06 Bn |
| Dec 31, 2022 | 1.14 Bn |
| Sep 30, 2022 | 599.67 Mn |
| Jun 30, 2022 | 597.00 Mn |
| Mar 31, 2022 | 562.66 Mn |
| Dec 31, 2021 | 1.03 Bn |
| Sep 30, 2021 | 345.53 Mn |
API Access
NexPoint Real Estate Finance Invested Capital 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=invested-capital&ticker=NREF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=NREF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();