NexPoint Real Estate Finance (NREF) Non-Current Debt (2020 - 2026)
NexPoint Real Estate Finance's Non-Current Debt was $480.4 million in Q2 2026, up 105.4% from $233.91 million a year earlier and up 108.3% from the prior quarter.
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Analysis
NexPoint Real Estate Finance (NREF) Non-Current Debt (2020 - 2026) Analysis & Trends
At the end of FY2025, Non-Current Debt at NexPoint Real Estate Finance came in at $229.11 million, down 2.8% from FY2024.
- Non-Current Debt has now declined for four consecutive years, though with a five-year compound annual growth rate of 45.6% (FY2020 to FY2025).
- In earlier years, Non-Current Debt was $235.77 million in FY2024 (-63.7%), $649.56 million in FY2023 (-5.6%), $687.89 million in FY2022 (-12.5%) and $786.23 million in FY2021.
- The Q2 2026 figure marks the highest quarterly Non-Current Debt since Q4 2023.
- Compared with a year earlier, Non-Current Debt was higher in two of the last eight quarters, with an average decline of 4.8%.
- The best year-over-year quarter for Non-Current Debt over five years was Q1 2022 (growth of 478.7%); the worst was Q3 2021 (a decline of 88.6%).
- Per Business Quant data, NREF's Non-Current Debt in the three quarters before Q2 2026 was $230.62 million (Q1 2026), $229.11 million (Q4 2025) and $222.22 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.90 Bn | 29.58 Bn | - | 16.64 Bn |
| 2 | Orix | 42.96 Bn | 43.46 Bn | - | 35.93 Bn |
| 3 | Royalty Pharma | 33.48 Bn | 33.39 Bn | - | 8.58 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 23.94 Bn | 23.94 Bn | - | - |
| 5 | Affirm Holdings | 23.37 Bn | 17.06 Bn | - | 3.33 Bn |
| 6 | Synchrony Financial | 23.31 Bn | -44.66 Bn | - | 7.52 Bn |
| 7 | Royal Gold | 20.23 Bn | 19.45 Bn | 390.45 Mn | 395.89 Mn |
| 8 | Annaly Capital Management | 15.24 Bn | 6.34 Bn | - | 34.37 Bn |
| 9 | Ares Capital | 13.90 Bn | 11.34 Bn | - | - |
| 10 | NexPoint Real Estate Finance | 301.00 Mn | -43.28 Mn | - | 480.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 480.40 Mn |
| Mar 31, 2026 | 230.62 Mn |
| Dec 31, 2025 | 229.11 Mn |
| Sep 30, 2025 | 222.22 Mn |
| Jun 30, 2025 | 233.91 Mn |
| Mar 31, 2025 | 252.69 Mn |
| Dec 31, 2024 | 235.77 Mn |
| Sep 30, 2024 | 256.86 Mn |
| Jun 30, 2024 | 254.87 Mn |
| Mar 31, 2024 | 219.85 Mn |
| Dec 31, 2023 | 649.56 Mn |
| Sep 30, 2023 | 676.90 Mn |
| Jun 30, 2023 | 677.67 Mn |
| Mar 31, 2023 | 687.48 Mn |
| Dec 31, 2022 | 687.89 Mn |
| Sep 30, 2022 | 198.24 Mn |
| Jun 30, 2022 | 198.04 Mn |
| Mar 31, 2022 | 202.70 Mn |
| Dec 31, 2021 | 786.23 Mn |
| Sep 30, 2021 | 108.03 Mn |
API Access
NexPoint Real Estate Finance Non-Current Debt 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=non-current-debt&ticker=NREF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "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=non-current-debt&ticker=NREF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();