NexPoint Real Estate Finance (NREF) Non Operating Interest Expenses (2020 - 2025)
NexPoint Real Estate Finance (NREF) recorded Non Operating Interest Expenses of $1.46 million in Q3 2025, down 30.5% from $2.1 million a year earlier and down 20.7% from the prior quarter.
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Analysis
NexPoint Real Estate Finance (NREF) Non Operating Interest Expenses (2020 - 2025) Analysis & Trends
On a TTM basis, NexPoint Real Estate Finance's Non Operating Interest Expenses came in at $7.06 million as of Sep 30, 2025, down 75.2% year-over-year; for FY2024, it came in at $8.22 million, down 84.1% from FY2023.
- Annual Non Operating Interest Expenses has a four-year compound annual growth rate of -21.2% (FY2020 to FY2024).
- Across earlier years, Non Operating Interest Expenses came in at $51.56 million in FY2023 (+28.1%), $40.26 million in FY2022 (+35.2%), $29.77 million in FY2021 (+39.7%) and $21.31 million in FY2020.
- The Q3 2025 figure is the lowest quarterly Non Operating Interest Expenses in data going back to Q1 2020.
- On a year-over-year basis, Non Operating Interest Expenses has declined for seven consecutive quarters, with an average decline of 46.9% over the last eight quarters.
- Peak year-over-year performance for Non Operating Interest Expenses in the last five years was growth of 95.0% in Q1 2021, against a decline of 85.1% in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.84 million (Q2 2025), $1.82 million (Q1 2025) and $1.95 million (Q4 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 374.00 Mn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 281.69 Mn |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 93.62 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 118.51 Mn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | - |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 10.01 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 1.32 Bn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | 214.00 Mn |
| 10 | NexPoint Real Estate Finance | 292.52 Mn | -51.76 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 1.46 Mn |
| Jun 30, 2025 | 1.84 Mn |
| Mar 31, 2025 | 1.82 Mn |
| Dec 31, 2024 | 1.95 Mn |
| Sep 30, 2024 | 2.10 Mn |
| Jun 30, 2024 | 2.09 Mn |
| Mar 31, 2024 | 11.24 Mn |
| Dec 31, 2023 | 13.06 Mn |
| Sep 30, 2023 | 13.20 Mn |
| Jun 30, 2023 | 13.09 Mn |
| Mar 31, 2023 | 12.21 Mn |
| Dec 31, 2022 | 11.65 Mn |
| Sep 30, 2022 | 10.68 Mn |
| Jun 30, 2022 | 9.11 Mn |
| Mar 31, 2022 | 8.82 Mn |
| Dec 31, 2021 | 7.90 Mn |
| Sep 30, 2021 | 7.79 Mn |
| Jun 30, 2021 | 7.59 Mn |
| Mar 31, 2021 | 6.50 Mn |
| Dec 31, 2020 | 6.66 Mn |
API Access
NexPoint Real Estate Finance Non Operating Interest Expenses 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-operating-interest-expenses&ticker=NREF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-interest-expenses", "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-operating-interest-expenses&ticker=NREF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();