NexPoint Residential Trust (NXRT) Amortization (2016 - 2024)
NexPoint Residential Trust (NXRT) posted quarterly Amortization of $631000.0 for Q3 2024, down 78.64% year-over-year from $3.0 million in Q4 2023, and down 34.13% quarter-over-quarter from $958000.0 in Q2 2024.
NexPoint Residential Trust (NXRT) Amortization (2016 - 2024) Analysis & Trends
NexPoint Residential Trust (NXRT) has reported Amortization for 9 consecutive years, with $631000.0 the latest figure, recorded in Q3 2024.
- In Q3 2024, Amortization fell 78.64% year-over-year to $631000.0; the TTM figure through Sep 2024 stood at $3.9 million (down 71.72% YoY), while the FY2023 annual figure was $5.4 million, down 53.5% from the prior year.
- Amortization eased to $631000.0 in Q3 2024 per NXRT's latest filing, from $958000.0 in the prior quarter.
- Across five years, Amortization topped out at $9.5 million in Q4 2022 and bottomed at $530000.0 in Q3 2021.
- Historically, Amortization has averaged $1.4 million across 5 years, with a median of $830000.0 in 2021.
- Annual changes were most pronounced in 2022 — Amortization jumped 690.0% — and 2023, when it tumbled 88.96%.
- NexPoint Residential Trust's Amortization stood at $1.4 million in 2020, then retreated by 15.13% to $1.2 million in 2021, then surged by 690.0% to $9.5 million in 2022, then sank by 88.96% to $1.0 million in 2023, then slumped by 39.73% to $631000.0 in 2024.
- Business Quant data shows NXRT's Amortization at $631000.0 in Q3 2024, $958000.0 in Q2 2024, and $1.3 million in Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Amort. (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.11 Bn | 26.32 Bn | - | - |
| 2 | Erp Operating Ltd Partnership | 23.87 Bn | 24.06 Bn | - | - |
| 3 | Invitation Homes | 17.81 Bn | 17.81 Bn | 705.34 Mn | - |
| 4 | Mid America Apartment Communities | 15.25 Bn | 15.12 Bn | 537.17 Mn | - |
| 5 | Sun Communities | 14.88 Bn | 14.88 Bn | 460.10 Mn | - |
| 6 | Equity Lifestyle Properties | 12.64 Bn | 12.64 Bn | 375.97 Mn | - |
| 7 | American Homes 4 Rent | 12.38 Bn | 12.38 Bn | - | - |
| 8 | Udr | 12.15 Bn | 12.15 Bn | 412.43 Mn | - |
| 9 | Camden Property Trust | 10.98 Bn | 10.98 Bn | - | - |
| 10 | NexPoint Residential Trust | 622.61 Mn | 622.61 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 631,000.00 |
| Sep 30, 2024 | 631,000.00 |
| Jun 30, 2024 | 958,000.00 |
| Jun 30, 2024 | 958,000.00 |
| Mar 31, 2024 | 1.26 Mn |
| Mar 31, 2024 | 1.26 Mn |
| Dec 31, 2023 | 1.05 Mn |
| Dec 31, 2023 | 1.05 Mn |
| Sep 30, 2023 | 2.95 Mn |
| Sep 30, 2023 | 2.95 Mn |
| Jun 30, 2023 | 708,000.00 |
| Jun 30, 2023 | 708,000.00 |
| Mar 31, 2023 | 645,000.00 |
| Mar 31, 2023 | 645,000.00 |
| Dec 31, 2022 | 9.48 Mn |
| Dec 31, 2022 | 9.48 Mn |
| Sep 30, 2022 | 735,000.00 |
| Sep 30, 2022 | 735,000.00 |
| Jun 30, 2022 | 733,000.00 |
| Jun 30, 2022 | 733,000.00 |