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| 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 |