All data is for educational purposes only and should not be considered investment advice.
Equiscale is operated by Syntellia LLC, a Delaware limited liability company.
© 2026 Syntellia LLC. All rights reserved.
NexPoint Real Estate Finance, Inc. operates as a commercial mortgage real estate investment trust in the United States. It focuses on originating, structuring, and investing in first-lien mortgage loans, preferred equity, mezzanine loans, convertible notes, multifamily properties, and common equity investments, as well as multifamily and single-family rental commercial mortgage-backed securities securitizations, promissory notes, revolving credit facilities, and stock warrants or target assets. The company has elected to be taxed as a real estate investment trust (REIT) and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. NexPoint Real Estate Finance, Inc. was incorporated in 2019 and is based in Dallas, Texas.
Rule-based from financial data. Not advice.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 5 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $175M | - | $105M | $23M | 27.1% | 500.8% | 260.0% |
| 2024 | $29M | - | $29M | $29M | 8.8% | 1972.5% | 108.9% |
| 2023 | $1M | - | $14M | $32M | 4.0% | -89.6% | 107.2% |
| 2022 | $14M | - | $7M | $66M | 1.8% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2025 |
|---|---|
| Total Revenue | 175.45 |
| Operating Revenue | 175.45 |
| Selling General And Administration | 12.65 |
| Interest Income | 89.94 |
| Interest Expense | 42.77 |
| Net Interest Income | 47.18 |
| Pretax Income | 123.14 |
| Tax Rate For Calcs | 0 |
| Tax Effect Of Unusual Items | 0.67 |
| Net Income Continuous Operations | 123.14 |
| Net Income From Continuing And Discontinued Operation | 105.10 |
| Net Income From Continuing Operation Net Minority Interest | 105.10 |
| Net Income | 105.10 |
| Net Income Common Stockholders | 75.68 |
| Net Income Including Noncontrolling Interests | 123.14 |
| Normalized Income | 102.58 |
| Diluted NI Availto Com Stockholders | 75.68 |
| Basic Average Shares | - |
| Diluted Average Shares | - |
| Reconciled Depreciation | 2.94 |
| Total Unusual Items | 3.18 |
| Total Unusual Items Excluding Goodwill | 3.18 |
| Preferred Stock Dividends | - |
| Minority Interests | -18.05 |
| Special Income Charges | -0.46 |
| Gain On Sale Of Business | - |
| Gain On Sale Of Security | 106.64 |
| General And Administrative Expense | 12.65 |
| Other Gand A | 12.65 |
| Otherunder Preferred Stock Dividend | 29.42 |
| Other Non Interest Expense | 11.83 |
Real Estate sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| NexPoint Real Estate Finance, Inc.this co. | NREF | $364M | 3.46 | 0.94 | 27.1% | - |
| FrontView REIT, Inc. | FVR | $415M | -108.44 | 1.06 | -1.0% | 14.82 |
| Gladstone Land Corporation | LAND | $402M | 29.75 | 0.60 | 2.0% | 12.45 |
| Claros Mortgage Trust, Inc. | CMTG | $355M | -0.73 | 0.23 | -31.9% | - |
| The RMR Group Inc. | RMR |
| 2021 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| $348M |
| 19.78 |
| 1.53 |
| 7.7% |
| 7.87 |
| The Real Brokerage Inc. | REAX | $348M | -42.90 | 6.73 | -15.7% | - |
| Maui Land & Pineapple Company, Inc. | MLP | $345M | -32.58 | 10.42 | -32.0% | -38.70 |
| Alpine Income Property Trust, Inc. | PINE | $342M | -128.59 | 1.22 | -0.9% | 18.09 |
| Transcontinental Realty Investors, Inc. | TCI | $325M | 23.53 | 0.38 | 1.6% | 12.78 |
| Peer Median | - | -16.65 | 1.14 | -1.0% | 12.62 | |