NexPoint Real Estate Finance (NREF) Total Liabilities (2020 - 2026)
NexPoint Real Estate Finance (NREF) reported Total Liabilities of $4.79 billion for Q3 2026, down 2.2% from $4.9 billion a year earlier and down 3.9% from the prior quarter.
NexPoint Real Estate Finance (NREF) Total Liabilities (2020 - 2026) Analysis & Trends
At the end of FY2025, NexPoint Real Estate Finance posted Total Liabilities of $4.93 billion, down 2.9% from FY2024.
- Total Liabilities has declined for four consecutive years, with a five-year compound annual growth rate of -4.0% (FY2020 to FY2025).
- By year, Total Liabilities came in at $5.08 billion in FY2024 (-23.9%), $6.67 billion in FY2023 (-13.4%), $7.71 billion in FY2022 (-6.8%) and $8.27 billion in FY2021 (+36.7%).
- The Q3 2026 figure ranks as the lowest quarterly Total Liabilities since Q2 2020.
- Year over year, Total Liabilities has now declined in each of the last 14 quarters, with an average decline of 10.9% over the last eight quarters.
- The high point for year-over-year Total Liabilities in five years was Q4 2021 (growth of 36.7%); the low point was Q1 2025 (a decline of 25.2%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $4.99 billion (Q2 2026), $4.85 billion (Q1 2026) and $4.93 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - | 9.67 Bn |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - | 35.84 Bn |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn | 66.29 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - | 4,198.25 Bn |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - | 105.92 Bn |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - | 10.73 Bn |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn | 1.59 Bn |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - | 16.65 Bn |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - | 130.25 Bn |
| 10 | NexPoint Real Estate Finance | 231.64 Mn | -336.77 Mn | - | 4.79 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 4.79 Bn |
| Jun 30, 2026 | 4.99 Bn |
| Mar 31, 2026 | 4.85 Bn |
| Dec 31, 2025 | 4.93 Bn |
| Sep 30, 2025 | 4.90 Bn |
| Jun 30, 2025 | 5.05 Bn |
| Mar 31, 2025 | 5.06 Bn |
| Dec 31, 2024 | 5.08 Bn |
| Sep 30, 2024 | 5.35 Bn |
| Jun 30, 2024 | 6.25 Bn |
| Mar 31, 2024 | 6.76 Bn |
| Dec 31, 2023 | 6.67 Bn |
| Sep 30, 2023 | 6.54 Bn |
| Jun 30, 2023 | 7.23 Bn |
| Mar 31, 2023 | 7.67 Bn |
| Dec 31, 2022 | 7.71 Bn |
| Sep 30, 2022 | 7.87 Bn |
| Jun 30, 2022 | 7.46 Bn |
| Mar 31, 2022 | 7.66 Bn |
| Dec 31, 2021 | 8.27 Bn |
NexPoint Real Estate Finance Total Liabilities 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-liabilities&ticker=NREF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-liabilities", "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-liabilities&ticker=NREF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();