NexPoint Real Estate Finance (NREF) Total Debt (2020 - 2026)
NexPoint Real Estate Finance's Total Debt was $787.06 million in Q3 2026, up 59.9% from $492.17 million a year earlier and up 14.1% from the prior quarter.
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Analysis
NexPoint Real Estate Finance (NREF) Total Debt (2020 - 2026) Analysis & Trends
At the end of FY2025, Total Debt at NexPoint Real Estate Finance came in at $546.03 million, down 16.4% from FY2024.
- Total Debt has now declined for three consecutive years, though with a five-year compound annual growth rate of 22.4% (FY2020 to FY2025).
- In earlier years, Total Debt was $653.43 million in FY2024 (-35.9%), $1.02 billion in FY2023 (-10.9%), $1.14 billion in FY2022 (+0.4%) and $1.14 billion in FY2021 (+474.8%).
- The Q3 2026 figure marks the highest quarterly Total Debt since Q4 2023.
- Compared with a year earlier, Total Debt was higher in three of the last eight quarters, with an average decline of 2.1%.
- The best year-over-year quarter for Total Debt over five years was Q1 2022 (growth of 672.8%); the worst was Q1 2024 (a decline of 41.6%).
- Per Business Quant data, NREF's Total Debt in the three quarters before Q3 2026 was $689.98 million (Q2 2026), $504.76 million (Q1 2026) and $546.03 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - | 8.59 Bn |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - | 35.62 Bn |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn | 38.77 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - | 4,169.25 Bn |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - | 8.11 Bn |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - | 2.90 Bn |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn | 146.15 Mn |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - | 13.04 Bn |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - | 38.38 Bn |
| 10 | NexPoint Real Estate Finance | 231.64 Mn | -336.77 Mn | - | 787.06 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 787.06 Mn |
| Jun 30, 2026 | 689.98 Mn |
| Mar 31, 2026 | 504.76 Mn |
| Dec 31, 2025 | 546.03 Mn |
| Sep 30, 2025 | 492.17 Mn |
| Jun 30, 2025 | 546.48 Mn |
| Mar 31, 2025 | 591.24 Mn |
| Dec 31, 2024 | 653.43 Mn |
| Sep 30, 2024 | 658.58 Mn |
| Jun 30, 2024 | 659.95 Mn |
| Mar 31, 2024 | 555.48 Mn |
| Dec 31, 2023 | 1.02 Bn |
| Sep 30, 2023 | 959.62 Mn |
| Jun 30, 2023 | 960.02 Mn |
| Mar 31, 2023 | 951.69 Mn |
| Dec 31, 2022 | 1.14 Bn |
| Sep 30, 2022 | 359.44 Mn |
| Jun 30, 2022 | 320.17 Mn |
| Mar 31, 2022 | 315.02 Mn |
| Dec 31, 2021 | 1.14 Bn |
API Access
NexPoint Real Estate Finance Total 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=total-debt&ticker=NREF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-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=total-debt&ticker=NREF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();