NexPoint Residential Trust (NXRT) Amortization (2016 - 2024)

NexPoint Residential Trust's (NXRT) quarterly Amortization came in at $631000.0 in Q3 2024, down 78.64% year-on-year from $3.0 million in Q4 2023, and down 34.13% on a QoQ basis from $958000.0 in Q2 2024.

NexPoint Residential Trust (NXRT) Amortization (2016 - 2024) Analysis & Trends

NexPoint Residential Trust (NXRT) has 9 years of Amortization data on file, last reported at $631000.0 in Q3 2024.

  • On a quarterly basis, Amortization fell 78.64% year-over-year to $631000.0 in Q3 2024; TTM through Sep 2024 was $3.9 million, a 71.72% decrease from a year earlier, with the FY2023 full-year figure at $5.4 million, down 53.5% from the prior year.
  • Amortization for Q3 2024 stood at $631000.0, down from $958000.0 in the prior quarter.
  • Over the last five years, Amortization for NXRT reached as high as $9.5 million in Q4 2022 and fell as low as $530000.0 in Q3 2021.
  • Historically, Amortization has averaged $1.4 million across 5 years, with a median of $830000.0 in 2021.
  • Across the five-year window, Amortization surged 690.0% in 2022 and sank 88.96% in 2023, its largest moves.
  • Year by year, Amortization stood at $1.4 million in 2020, then slipped by 15.13% to $1.2 million in 2021, then jumped 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.
  • Per Business Quant data, the three most recent Amortization figures were $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 26.63 Bn 26.85 Bn - -
2 Equity Residential 25.81 Bn 26.00 Bn - -
3 Invitation Homes 17.83 Bn 17.87 Bn 694.98 Mn -
4 Mid America Apartment Communities 15.53 Bn 15.53 Bn 537.05 Mn -
5 Sun Communities 14.72 Bn 14.83 Bn 491.20 Mn -
6 Udr 12.95 Bn 12.92 Bn 416.43 Mn -
7 Equity Lifestyle Properties 12.81 Bn 12.87 Bn 378.95 Mn -
8 American Homes 4 Rent 12.07 Bn 12.74 Bn - -
9 Camden Property Trust 11.83 Bn 11.90 Bn - -
10 NexPoint Residential Trust 658.57 Mn 663.29 Mn - -

Historic Data

Download Data
DateValue
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