NexPoint Residential Trust (NXRT) Depreciation and Depletion (2014 - 2023)
NexPoint Residential Trust's (NXRT) quarterly Depreciation and Depletion came in at $23.9 million in Q2 2023, little changed year-on-year from $23.8 million in Q2 2022, and up 2.58% on a QoQ basis from $23.3 million in Q1 2023.
NexPoint Residential Trust (NXRT) Depreciation and Depletion (2014 - 2023) Analysis & Trends
NexPoint Residential Trust (NXRT) has 10 years of Depreciation and Depletion data on file, last reported at $23.9 million in Q2 2023.
- On a quarterly basis, Depreciation and Depletion changed 0.42% year-over-year to $23.9 million in Q2 2023; TTM through Jun 2023 was $94.3 million, a 5.25% increase from a year earlier, with the FY2025 full-year figure at $95.6 million, down 2.25% from the prior year.
- Depreciation and Depletion for Q2 2023 stood at $23.9 million, up from $23.3 million in the prior quarter.
- Over the last five years, Depreciation and Depletion for NXRT reached as high as $23.9 million in Q3 2022 and fell as low as $11.8 million in Q2 2019.
- Historically, Depreciation and Depletion has averaged $19.8 million across 5 years, with a median of $20.0 million in 2020.
- Across the five-year window, Depreciation and Depletion surged 69.49% in 2020 and slipped 1.5% in 2021, its largest moves.
- Year by year, Depreciation and Depletion stood at $17.4 million in 2019, then advanced by 11.49% to $19.4 million in 2020, then increased by 17.53% to $22.8 million in 2021, then grew by 1.75% to $23.2 million in 2022, then increased by 3.02% to $23.9 million in 2023.
- Per Business Quant data, the three most recent Depreciation and Depletion figures were $23.9 million in Q2 2023, $23.3 million in Q1 2023, and $23.2 million in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Avalonbay Communities | 26.63 Bn | 26.85 Bn | - | 233.10 Mn |
| 2 | Equity Residential | 25.81 Bn | 26.00 Bn | - | 258.11 Mn |
| 3 | Invitation Homes | 17.83 Bn | 17.87 Bn | 694.98 Mn | 193.14 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 | - | 120.90 Mn |
| 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 |
|---|---|
| Jun 30, 2023 | 23.90 Mn |
| Jun 30, 2023 | 23.90 Mn |
| Mar 31, 2023 | 23.30 Mn |
| Mar 31, 2023 | 23.30 Mn |
| Dec 31, 2022 | 23.20 Mn |
| Dec 31, 2022 | 23.20 Mn |
| Sep 30, 2022 | 23.90 Mn |
| Sep 30, 2022 | 23.90 Mn |
| Jun 30, 2022 | 23.80 Mn |
| Jun 30, 2022 | 23.80 Mn |
| Mar 31, 2022 | 22.60 Mn |
| Mar 31, 2022 | 22.60 Mn |
| Dec 31, 2021 | 22.80 Mn |
| Dec 31, 2021 | 22.80 Mn |
| Sep 30, 2021 | 20.40 Mn |
| Sep 30, 2021 | 20.40 Mn |
| Jun 30, 2021 | 19.70 Mn |
| Jun 30, 2021 | 19.70 Mn |
| Mar 31, 2021 | 19.90 Mn |
| Mar 31, 2021 | 19.90 Mn |