NexPoint Residential Trust, Inc. (NXRT) [Rocket]

In millions, except per share items	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15	Dec-31-14
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues [+]	219.2	204.8	181.1	146.6	144.2	132.8	117.7	43.2
Lease / rental						115.4	103.8	38.6
Other real estate							13.9	4.6
Other income	5.7	5.6	3.9	3.4	3.4	17.4
Revenue growth	7.1%	13.1%	23.5%	1.6%	8.6%	12.9%	172.7%	13555.1%
Cost of goods sold [+]	80.9	78.9	67.8	56.5	58.0	54.3	49.5	18.1
Real estate taxes and insurance	33.2	31.7	25.1	20.7	19.2	16.1	15.2	5.7
Real estate or leased property costs	47.7	47.2	42.7	35.8	38.9	38.2	34.3	12.3
Gross profit	138.3	125.9	113.3	90.1	86.2	78.6	68.2	25.1
Gross margin	63.1%	61.5%	62.6%	61.4%	59.8%	59.1%	57.9%	58.1%
Selling, general and administrative [+]	19.3	16.3	16.4	13.9	12.4	9.9	7.9	2.1
General and administrative	19.3	16.3	16.4	13.9	12.4	9.9	7.9	2.1
Other operating expenses	-34.8	-61.4	-111.3	-1.9	-66.6	10.8	9.1	2.9
EBITDA [+]	153.9	171.0	208.2	78.0	140.4	57.9	51.3	20.0
EBITDA growth	-10.0%	-17.9%	166.9%	-44.4%	142.6%	12.9%	155.9%	18272.5%
EBITDA margin	70.2%	83.5%	115.0%	53.2%	97.3%	43.6%	43.6%	46.4%
Depreciation	82.8	75.6	56.4	47.5	48.8	35.6	40.8	21.6
EBITA	71.1	95.4	151.8	30.5	91.7	22.2	10.5	-1.6
EBITA margin	32.4%	46.6%	83.9%	20.8%	63.5%	16.7%	8.9%	-3.8%
Amortization of intangibles	4.1	6.8	12.7
EBIT [+]	67.0	88.6	139.1	30.5	91.7	22.2	10.5	-1.6
EBIT growth	-24.4%	-36.3%	355.6%	-66.7%	312.3%	112.7%	-745.6%	4806.1%
EBIT margin	30.6%	43.3%	76.8%	20.8%	63.5%	16.7%	8.9%	-3.8%
Non-recurring items [+]	2.6	5.9	-3.5			0.4	3.0	8.6
Unusual expense	2.6	5.9	-3.5
Interest expense	44.6	44.8	37.4	28.6	29.6	20.2	17.8	7.3
Interest expense	44.6	44.8	37.4	28.6	29.6	20.2	17.8	7.3
Other income (expense), net	3.3	6.2	-5.8	-3.6	-5.7	24.2	-0.7
Pre-tax income	23.1	44.2	99.4	-1.6	56.4	25.9	-11.0	-17.5
Income taxes	0.1	0.1	0.3	0.0	3.0	4.0	-0.2	-1.9
Tax rate	0.3%	0.3%	0.3%	0.3%	5.3%	15.5%	1.5%	11.0%
Minority interest	0.1	0.1	0.3	0.0	2.8	4.0	-0.2	-1.9
Net income	23.0	44.0	99.1	-1.6	53.5	21.9	-10.8	-15.6
Net margin	10.5%	21.5%	54.8%	-1.1%	37.1%	16.5%	-9.2%	-36.2%

Basic EPS [+]	$0.92	$1.78	$4.11	($0.08)	$2.54	$1.03	($0.51)	($0.73)
Growth	-48.6%	-56.7%	-5513.7%	-103.0%	146.6%	-302.6%	-30.6%	-90.8%
Diluted EPS [+]	$0.89	$1.74	$4.03	($0.07)	$2.50	$1.03	($0.51)	($0.73)
Growth	-48.7%	-56.7%	-5528.5%	-103.0%	143.6%	-301.8%	-30.6%	-90.8%

Dividends per share [+]	$1.42	$1.31	$1.16	$1.05	$0.91	$0.84	$0.62	$0.47
Growth	8.9%	12.4%	10.7%	14.9%	9.1%	35.6%	32.2%

Shares outstanding (basic) [+]	25.2	24.7	24.1	21.2	21.1	21.2	21.3	21.3
Growth	1.8%	2.5%	13.8%	0.6%	-0.8%	-0.3%	0.0%	99900.0%
Shares outstanding (diluted) [+]	25.8	25.2	24.6	21.7	21.4	21.3	21.3	21.3
Growth	2.1%	2.6%	13.5%	1.3%	0.4%	0.1%	0.0%	99900.0%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.