NexPoint Real Estate Finance (NREF) Net Margin (2020 - 2026)
NexPoint Real Estate Finance (NREF) posted Net Margin of -63.75% for Q3 2026, down 302.12 percentage points from 238.38% a year earlier and down 90.54 percentage points from the prior quarter.
NexPoint Real Estate Finance (NREF) Net Margin (2020 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Net Margin at NexPoint Real Estate Finance was 27.05%, down 100.25 percentage points year-over-year; for FY2025, it came in at 125.79%, up 97.76 percentage points from FY2024.
- Annual Net Margin has increased for three consecutive years, with a five-year change of +98.99 percentage points (FY2020 to FY2025).
- In prior years, NexPoint Real Estate Finance's Net Margin was 28.03% in FY2024 (+9.66 pp), 18.36% in FY2023 (+12.05 pp), 6.31% in FY2022 (-38.36 pp) and 44.67% in FY2021 (+17.87 pp).
- The Q3 2026 figure stands as the lowest quarterly Net Margin since Q3 2023.
- On a year-over-year basis, Net Margin has declined in each of the last three quarters, with an average year-over-year change of -52.27 percentage points over the last seven quarters.
- The strongest year-over-year quarter for Net Margin in the past five years was Q3 2023, with a gain of 794.14 percentage points; the weakest was Q1 2023, with a drop of 1284.37 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was 26.79% (Q2 2026), 460.55% (Q1 2026) and 82.91% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - | 20.96% |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - | 21.59% |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn | 25.03% |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - | 12.38% |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - | 17.58% |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - | 13.01% |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn | 48.93% |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - | 41.81% |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - | -121.54% |
| 10 | NexPoint Real Estate Finance | 231.64 Mn | -336.77 Mn | - | -63.75% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -63.75% |
| Jun 30, 2026 | 26.79% |
| Mar 31, 2026 | 460.55% |
| Dec 31, 2025 | 82.91% |
| Sep 30, 2025 | 238.38% |
| Jun 30, 2025 | 100.57% |
| Mar 31, 2025 | 685.68% |
| Dec 31, 2024 | 30.56% |
| Sep 30, 2024 | 73.36% |
| Jun 30, 2024 | 38.23% |
| Dec 31, 2023 | 75.14% |
| Sep 30, 2023 | -138.49% |
| Jun 30, 2023 | 51.02% |
| Mar 31, 2023 | 41.06% |
| Dec 31, 2022 | -37.72% |
| Sep 30, 2022 | -932.63% |
| Jun 30, 2022 | 424.94% |
| Mar 31, 2022 | 1,325.43% |
| Dec 31, 2021 | 69.23% |
| Dec 31, 2020 | 34.15% |
NexPoint Real Estate Finance Net 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=net-margin&ticker=NREF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=NREF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();