NexPoint Residential Trust (NXRT) FY2024 results: revenue $260 million, down 6.4% on the year
NexPoint Residential Trust, Inc. (NXRT) reported revenue of $260 million for fiscal 2024, the year ended 31 December 2024, down 6.4% on the year before. Net income was $1 million, down 97.5%, and diluted earnings per share $0.04. The figures are the company's own, from the 10-K it filed with the SEC on 26 February 2025.
Revenue
$260 million
-6.4% on the year
FY2017FY2024
Operating margin
32.2%
40.8% a year earlier
FY2017FY2024
Net income
$1 million
-97.5% on the year
FY2017FY2024
Diluted EPS
$0.04
-97.6% on the year
FY2017FY2024
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
73.6
96.6
79.1
-23.8%
Capital expenditure
37.3
71.4
62.1
-47.8%
Free cash flow
36.3
25.2
17.0
+44.3%
Free cash flow margin
14.0%
9.1%
6.4%
Cash from investing
131
51.9
-162
+151.6%
Cash from financing
-196
-155
46.3
Depreciation and amortisation
97.8
95.2
97.6
+2.7%
Share-based compensation
10.5
9.3
7.9
+13.5%
Buybacks
14.6
n/a
11.1
Dividends paid
49.3
44.8
40.6
+10.1%
Dividend per share
$1.90
$1.72
$1.56
+10.5%
Diluted shares, weighted
26m
26m
26m
+0.0%
Shares outstanding at period end
25m
26m
26m
-1.1%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
410
495
520
-17.0%
Redeemable equity
5.8
5.2
5.6
+10.2%
Debt
0.0
1,575
1,682
Other liabilities
1,491
32.5
18.5
+4,483.0%
Total liabilities and equity
1,907
2,108
2,225
-9.5%
Cash and equivalents
23.1
12.4
16.8
+87.2%
Other assets
1,884
2,095
2,209
-10.1%
Total assets
1,907
2,108
2,225
-9.5%
10-K for the year ended 31 December 2024, filed 26 February 2025: the filing.