NexPoint Real Estate Finance (NREF) Net Long-Term Debt Issued (Repaid) (2020 - 2026)
NexPoint Real Estate Finance's Non-Current Debt was $768.88 million in Q3 2026, up 66.3% from $462.47 million a year earlier and up 13.4% from the prior quarter.
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Analysis
NexPoint Real Estate Finance (NREF) Net Long-Term Debt Issued (Repaid) (2020 - 2026) Analysis & Trends
At the end of FY2025, Non-Current Debt at NexPoint Real Estate Finance came in at $511.4 million, down 7.4% from FY2024.
- Non-Current Debt has now declined for three consecutive years, though with a five-year compound annual growth rate of 71.0% (FY2020 to FY2025).
- In earlier years, Non-Current Debt was $552.23 million in FY2024 (-42.8%), $964.7 million in FY2023 (-4.9%), $1.01 billion in FY2022 (+2.8%) and $986.73 million in FY2021.
- The Q3 2026 figure marks the highest quarterly Non-Current Debt since Q4 2023.
- Compared with a year earlier, Non-Current Debt was higher in three of the last eight quarters, with growth averaging 2.5%.
- The best year-over-year quarter for Non-Current Debt over five years was Q1 2022 (growth of 570.6%); the worst was Q1 2024 (a decline of 46.1%).
- Per Business Quant data, NREF's Non-Current Debt in the three quarters before Q3 2026 was $677.94 million (Q2 2026), $500.37 million (Q1 2026) and $511.4 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net LT Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - | - |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - | - |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn | 6.06 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - | -54.25 Bn |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - | 589.00 Mn |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - | 467.47 Mn |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn | -250.00 Mn |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - | -463.00 Mn |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - | 1.66 Bn |
| 10 | NexPoint Real Estate Finance | 231.64 Mn | -336.77 Mn | - | 92.24 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 92.24 Mn |
| Jun 30, 2026 | -220.47 Mn |
| Mar 31, 2026 | -12.55 Mn |
| Dec 31, 2025 | 43.73 Mn |
| Sep 30, 2025 | -58.79 Mn |
| Jun 30, 2025 | -18.92 Mn |
| Mar 31, 2025 | 16.86 Mn |
| Dec 31, 2024 | -21.22 Mn |
| Sep 30, 2024 | 1.82 Mn |
| Jun 30, 2024 | 78.69 Mn |
| Mar 31, 2024 | -466.96 Mn |
| Dec 31, 2023 | -27.34 Mn |
| Sep 30, 2023 | -771,000.00 |
| Jun 30, 2023 | -9.81 Mn |
| Mar 31, 2023 | -405,000.00 |
| Dec 31, 2022 | -124.43 Mn |
| Sep 30, 2022 | -7.23 Mn |
| Jun 30, 2022 | -8.91 Mn |
| Mar 31, 2022 | 37.40 Mn |
| Dec 31, 2021 | 40.62 Mn |
API Access
NexPoint Real Estate Finance Net Long-Term Debt Issued (Repaid) 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();