Loading…
NexPoint Diversified Real Estate Trust is an externally advised, publicly traded, diversified real estate investment trust. It focuses on the acquisition, development, and management of opportunistic and value-add investments throughout the United States across multiple sectors where NexPoint and its affiliates have operational expertise. NXDT is externally advised by NexPoint Real Estate Advisors X, L.P. NexPoint Diversified Real Estate Trust was incorporated in June 1st, 2006, in Delaware, USA.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $-61M | - | $-125M | $9M | -17.9% | -745.9% | 167.6% |
| 2024 | $9M | - | $-47M | $-12M | -5.6% | -112.5% | -60.1% |
| 2023 | $-75M | - | $-117M | $-24M | -13.2% | -189.1% | -339.7% |
| 2022 | $84M | - | $49M | $70M | 4.8% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 84.50 | -75.27 | 9.41 | -60.75 |
| Operating Revenue | - | 84.50 | -75.27 | 9.41 | -60.75 |
| Operating Expense | - | 25.62 | 39.24 | 64.61 | 66.40 |
| Selling General And Administration | - | 20.86 | 13.43 | 20.21 | 18.61 |
| Interest Income | - | 8.42 | 7.03 | 7.22 | 9.38 |
| Interest Expense | - | 6.46 | 15.90 | 28.35 | 26.60 |
| Net Interest Income | - | 1.97 | -8.87 | -21.14 | -17.22 |
| Pretax Income | - | 58.88 | -114.51 | -55.20 | -127.15 |
| Tax Provision | - | - | 2.73 | 1.37 | -0.11 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | 0 | 0 | 0 |
| Net Income Continuous Operations | - | 48.90 | -117.24 | -56.57 | -127.04 |
| Net Income From Continuing And Discontinued Operation | - | 48.90 | -117.24 | -46.73 | -125.05 |
| Net Income From Continuing Operation Net Minority Interest | - | 48.90 | -117.24 | -46.73 | -125.05 |
| Net Income | - | 48.90 | -117.24 | -46.73 | -125.05 |
| Net Income Common Stockholders | - | 44.28 | -121.86 | -51.35 | -130.19 |
| Net Income Including Noncontrolling Interests | - | 48.90 | -117.24 | -56.57 | -127.04 |
| Normalized Income | - | 48.90 | -117.24 | -46.73 | -125.09 |
| Diluted NI Availto Com Stockholders | - | 44.28 | -121.86 | -51.35 | -130.19 |
| Basic Average Shares | 37.30 | - | 37.33 | 40.23 | 46.25 |
| Diluted Average Shares | 37.30 | - | 37.33 | 40.23 | 46.25 |
| Reconciled Depreciation | - | - | 13.94 | 15.60 | 17.74 |
| Total Unusual Items | - | - | - | 0 | 0.04 |
| Total Unusual Items Excluding Goodwill | - | - | - | 0 | 0.04 |
| Preferred Stock Dividends | - | 4.62 | 4.62 | 4.62 | 5.14 |
| Minority Interests | - | - | 0 | 9.84 | 1.99 |
| Gain On Sale Of Security | - | 26.82 | -1.63 | -21.48 | 5.99 |
| Depreciation And Amortization In Income Statement | - | - | 13.94 | 15.60 | 17.74 |
| General And Administrative Expense | - | 20.86 | 13.43 | 20.21 | 18.61 |
| Other Operating Expenses | - | 4.77 | 11.87 | 28.80 | 30.05 |
| Depreciation Income Statement | - | - | 13.94 | 15.60 | 17.74 |
Real Estate sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| NexPoint Diversified Real Estate Trustthis co. | NXDT | $271M | -2.16 | 0.39 | -17.9% | - |
| Seaport Entertainment Group Inc. | SEG | $306M | -2.62 | 0.67 | -25.6% | -5.13 |
| Ready Capital Corporation | RC | $285M | -1.24 | 0.20 | -16.0% | - |
| Ares Commercial Real Estate Corporation | ACRE | $280M | -310.62 | 0.55 | -0.2% | - |
| BRT Apartments Corp. |
| 2021 | - | - | - | - | - | - | - |
| BRT |
| $270M |
| -22.61 |
| 1.52 |
| -6.7% |
| 19.66 |
| SITE Centers Corp. | SITC | $260M | 1.46 | 0.78 | 53.1% | 1.86 |
| TPG Mortgage Investment Trust, Inc. | MITT | $245M | 5.03 | 0.72 | 14.3% | - |
| Chicago Atlantic Real Estate Finance, Inc. | REFI | $240M | 6.65 | 0.78 | 11.7% | - |
| American Realty Investors, Inc. | ARL | $233M | 14.81 | 0.38 | 2.6% | 10.64 |
| Peer Median | - | 0.11 | 0.70 | 1.2% | 6.25 | |