NexPoint Real Estate Finance (NREF) Invested Capital (2020 - 2026)
NexPoint Real Estate Finance (NREF) reported Invested Capital of $1.14 billion for Q3 2026, up 31.8% from $867.6 million a year earlier and up 6.9% 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 $934.02 million, down 5.6% from FY2024.
- Invested Capital has declined for three consecutive years, though with a five-year compound annual growth rate of 23.4% (FY2020 to FY2025).
- By year, Invested Capital came in at $989.91 million in FY2024 (-27.6%), $1.37 billion in FY2023 (-14.2%), $1.59 billion in FY2022 (+15.0%) and $1.39 billion in FY2021 (+324.2%).
- The Q3 2026 figure ranks as the highest quarterly Invested Capital since Q4 2023.
- Year over year, Invested Capital gained in three of the last eight quarters, with an average decline of 0.3%.
- The high point for year-over-year Invested Capital in five years was Q4 2021 (growth of 324.2%); the low point was Q1 2024 (a decline of 33.6%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $1.07 billion (Q2 2026), $893.51 million (Q1 2026) and $934.02 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - | 18.38 Bn |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - | 59.93 Bn |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn | 71.63 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - | 4,288.89 Bn |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - | 24.66 Bn |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - | 8.66 Bn |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn | 7.92 Bn |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - | 26.98 Bn |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - | 54.27 Bn |
| 10 | NexPoint Real Estate Finance | 231.64 Mn | -336.77 Mn | - | 1.14 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.14 Bn |
| Jun 30, 2026 | 1.07 Bn |
| Mar 31, 2026 | 893.51 Mn |
| Dec 31, 2025 | 934.02 Mn |
| Sep 30, 2025 | 867.60 Mn |
| Jun 30, 2025 | 894.72 Mn |
| Mar 31, 2025 | 934.94 Mn |
| Dec 31, 2024 | 989.91 Mn |
| Sep 30, 2024 | 994.43 Mn |
| Jun 30, 2024 | 987.42 Mn |
| Mar 31, 2024 | 882.56 Mn |
| Dec 31, 2023 | 1.37 Bn |
| Sep 30, 2023 | 1.30 Bn |
| Jun 30, 2023 | 1.33 Bn |
| Mar 31, 2023 | 1.33 Bn |
| Dec 31, 2022 | 1.59 Bn |
| Sep 30, 2022 | 760.87 Mn |
| Jun 30, 2022 | 719.12 Mn |
| Mar 31, 2022 | 674.99 Mn |
| Dec 31, 2021 | 1.39 Bn |
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();