NXRTNYSEReal Estate Investment TrustsUS GAAP · USD

NexPoint Residential Trust, Inc.

NexPoint Residential Trust, Inc. is a U.S.-based real estate investment trust focused on owning and operating multifamily apartment communities. Its portfolio is concentrated in value-add residential properties in the Southeastern and Southwestern United States, with substantially all operations conducted through its operating partnership and related subsidiaries.

Liikevaihto251milj. USD
−3,2 %v/v
Liikevoitto (EBIT)27,9milj. USD
−66,6 %v/v
EBIT-marginaali11,1%
−21,1 %-yks.v/v
Nettotulos−32,0milj. USD
−2 985,3 %v/v
Vapaa kassavirta83,6milj. USD
+13,6 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

0100200300milj. USD2020: 205 milj. USD2020: EBIT 83 milj. USD20202021: 219 milj. USD2021: EBIT 64 milj. USD20212022: 264 milj. USD2022: EBIT 46 milj. USD20222023: 278 milj. USD2023: EBIT 113 milj. USD20232024: 260 milj. USD2024: EBIT 84 milj. USD20242025: 251 milj. USD2025: EBIT 28 milj. USD202525128
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Multifamily rental housing90 %

Apartment communities leased to residents on typically short-term leases.

Ancillary tenant income10 %

Fees and reimbursements tied to resident occupancy and property use.

Asiakkaat

The company serves residential tenants seeking apartment housing in large cities and suburban submarkets, especially in the Southeast and Southwest. Demand is driven by renters who value location, amenities, and professionally managed communities, while the company also competes for residents against other apartments and alternative housing options.

Apartment residents

Individuals and households leasing units in the company’s multifamily communities for housing.

Value-add renters

Residents in renovated properties who support higher rents after property upgrades.

Suburban submarket renters

Tenants in suburban locations near large cities who want access to metro employment and amenities.

Strategia

The company’s strategy centers on acquiring and operating value-add multifamily properties and using targeted management and renovation programs to improve rental rates and net operating income. It also seeks long-term capital appreciation through active property management, disciplined acquisitions, and maintaining a portfolio in markets where apartment demand is supported by population and employment trends.

Execute value-add renovationsLyhyt aikaväli

Property upgrades are central to improving rents and operating income.

Preserve occupancy and leasing performanceLyhyt aikaväli

Apartment revenue depends on keeping units leased at attractive rates.

Concentrate in selected Sun Belt marketsKeskipitkä aikaväli

Geographic focus supports operating expertise but increases regional exposure.

Maantiede

NexPoint Residential Trust’s portfolio is concentrated in the Southeastern and Southwestern United States. Its properties are located in large cities and suburban submarkets, which makes local employment trends, household formation, and regional housing supply important to occupancy and rent growth.

Riskit

The business is exposed to regional housing-market cycles, interest rates, inflation, and competition from other rental and homeownership options. Because the portfolio is concentrated in a limited set of U.S. markets and relies on value-add execution, adverse local conditions, higher financing costs, or weaker leasing demand can affect occupancy, rents, and asset values.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Geographic concentration1Interest rate and capital market risk2Competitive leasing environment3Value-add execution risk4Real estate illiquidity5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Geographic concentrationVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Most properties are in the Southeastern and Southwestern United States, so local downturns matter more.

    Kohdistuu: Portfolio-level occupancy and rent growth

  2. Interest rate and capital market riskVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Apartment REITs depend on debt and property valuations that are sensitive to rates and credit conditions.

    KohdistuuRefinancingAsset valuesCash flow
  3. Competitive leasing environmentVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Residents can choose other apartments, condos, or single-family homes for rent or purchase.

    Kohdistuu: Occupancy and rental rates

  4. Value-add execution riskVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Renovation programs must translate into higher rents and NOI to justify capital spending.

    Kohdistuu: Property-level returns

  5. Real estate illiquidityVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Apartment assets are not easily sold and may be difficult to dispose of quickly in weak markets.

    Kohdistuu: Liquidity and portfolio flexibility

Kirjanpito

Harkinnanvaraiset erät
Purchase price allocation

Acquired properties are allocated across land, buildings, improvements, and lease intangibles based on fair value.

Vaikutus: Affects depreciation expense and future reported earnings

Real estate impairment

Declines in fair value may require non-cash write-downs if assets are not expected to recover.

Vaikutus: Can materially reduce earnings and asset carrying values

REIT taxable income versus GAAP earnings

Dividends are based on taxable earnings, which differ from GAAP due to depreciation and fair value items.

Vaikutus: Affects dividend capacity and comparability of reported results

Rental and ancillary income recognition

Revenue includes rent plus utility reimbursements, late fees, pet fees, and other tenant charges.

Vaikutus: Influences revenue mix and quarterly comparability

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.9.2026