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Side-by-side financial comparison of JEWETT CAMERON TRADING CO LTD (JCTC) and NexPoint Real Estate Finance, Inc. (NREF). Click either name above to swap in a different company.

NexPoint Real Estate Finance, Inc. is the larger business by last-quarter revenue ($11.1M vs $8.7M, roughly 1.3× JEWETT CAMERON TRADING CO LTD). NexPoint Real Estate Finance, Inc. runs the higher net margin — 216.6% vs -45.6%, a 262.2% gap on every dollar of revenue. On growth, JEWETT CAMERON TRADING CO LTD posted the faster year-over-year revenue change (-6.6% vs -48.8%).

Jewett Cameron Trading Co Ltd (ticker JCTC) is a US-based distribution firm offering construction hardware, industrial supplies, outdoor living, and home improvement goods. It serves retail, commercial construction, and wholesale clients across North America, with core segments in building materials and outdoor recreation.

NexPoint Real Estate Finance, Inc. is a US-based commercial real estate finance firm that offers structured financing solutions for multifamily, office, industrial, and hospitality properties. It focuses on originating, managing and servicing a diversified portfolio of mortgage loans and real estate-related investments to deliver stable risk-adjusted returns to stakeholders.

JCTC vs NREF — Head-to-Head

Bigger by revenue
NREF
NREF
1.3× larger
NREF
$11.1M
$8.7M
JCTC
Growing faster (revenue YoY)
JCTC
JCTC
+42.2% gap
JCTC
-6.6%
-48.8%
NREF
Higher net margin
NREF
NREF
262.2% more per $
NREF
216.6%
-45.6%
JCTC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
JCTC
JCTC
NREF
NREF
Revenue
$8.7M
$11.1M
Net Profit
$-3.9M
$24.0M
Gross Margin
-12.5%
Operating Margin
-43.7%
Net Margin
-45.6%
216.6%
Revenue YoY
-6.6%
-48.8%
Net Profit YoY
-498.8%
58.7%
EPS (diluted)
$-1.12
$0.47

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
JCTC
JCTC
NREF
NREF
Q4 25
$8.7M
$11.1M
Q3 25
$10.4M
$12.5M
Q2 25
$12.6M
$12.1M
Q1 25
$9.1M
$11.5M
Q4 24
$9.3M
$21.7M
Q3 24
$13.2M
$12.5M
Q2 24
$15.9M
$6.7M
Q1 24
$8.2M
$-12.8M
Net Profit
JCTC
JCTC
NREF
NREF
Q4 25
$-3.9M
$24.0M
Q3 25
$-2.2M
$50.9M
Q2 25
$-649.6K
$22.3M
Q1 25
$-573.1K
$26.0M
Q4 24
$-658.7K
$15.2M
Q3 24
$-190.5K
$23.3M
Q2 24
$154.9K
$12.1M
Q1 24
$-534.1K
$-14.6M
Gross Margin
JCTC
JCTC
NREF
NREF
Q4 25
-12.5%
Q3 25
8.2%
Q2 25
15.0%
Q1 25
20.1%
Q4 24
18.3%
Q3 24
14.5%
Q2 24
18.6%
Q1 24
25.1%
Operating Margin
JCTC
JCTC
NREF
NREF
Q4 25
-43.7%
Q3 25
-13.8%
Q2 25
-5.5%
Q1 25
-8.5%
Q4 24
-9.3%
Q3 24
-2.3%
Q2 24
0.3%
Q1 24
-8.8%
Net Margin
JCTC
JCTC
NREF
NREF
Q4 25
-45.6%
216.6%
Q3 25
-21.7%
407.0%
Q2 25
-5.2%
184.5%
Q1 25
-6.3%
225.6%
Q4 24
-7.1%
69.9%
Q3 24
-1.4%
186.4%
Q2 24
1.0%
179.7%
Q1 24
-6.5%
114.3%
EPS (diluted)
JCTC
JCTC
NREF
NREF
Q4 25
$-1.12
$0.47
Q3 25
$-0.65
$1.14
Q2 25
$-0.18
$0.54
Q1 25
$-0.16
$0.70
Q4 24
$-0.19
$0.71
Q3 24
$-0.05
$0.74
Q2 24
$0.04
$0.40
Q1 24
$-0.15
$-0.83

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
JCTC
JCTC
NREF
NREF
Cash + ST InvestmentsLiquidity on hand
$1.0M
$31.1M
Total DebtLower is stronger
$771.2M
Stockholders' EquityBook value
$16.8M
$388.0M
Total Assets
$23.2M
$5.3B
Debt / EquityLower = less leverage
1.99×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
JCTC
JCTC
NREF
NREF
Q4 25
$1.0M
$31.1M
Q3 25
$226.2K
$17.9M
Q2 25
$1.2M
$9.1M
Q1 25
$435.6K
$19.2M
Q4 24
$3.0M
$3.9M
Q3 24
$4.9M
$34.7M
Q2 24
$1.1M
$4.3M
Q1 24
$1.1M
$13.5M
Total Debt
JCTC
JCTC
NREF
NREF
Q4 25
$771.2M
Q3 25
$720.9M
Q2 25
$815.6M
Q1 25
$831.5M
Q4 24
$799.3M
Q3 24
$815.5M
Q2 24
$861.0M
Q1 24
$843.3M
Stockholders' Equity
JCTC
JCTC
NREF
NREF
Q4 25
$16.8M
$388.0M
Q3 25
$20.8M
$375.4M
Q2 25
$23.0M
$348.2M
Q1 25
$23.7M
$343.7M
Q4 24
$24.2M
$336.5M
Q3 24
$24.9M
$335.8M
Q2 24
$25.0M
$327.5M
Q1 24
$24.9M
$327.1M
Total Assets
JCTC
JCTC
NREF
NREF
Q4 25
$23.2M
$5.3B
Q3 25
$25.5M
$5.3B
Q2 25
$29.2M
$5.4B
Q1 25
$27.6M
$5.4B
Q4 24
$26.7M
$5.4B
Q3 24
$27.5M
$5.7B
Q2 24
$28.3M
$6.6B
Q1 24
$29.0M
$7.1B
Debt / Equity
JCTC
JCTC
NREF
NREF
Q4 25
1.99×
Q3 25
1.92×
Q2 25
2.34×
Q1 25
2.42×
Q4 24
2.38×
Q3 24
2.43×
Q2 24
2.63×
Q1 24
2.58×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
JCTC
JCTC
NREF
NREF
Operating Cash FlowLast quarter
$-1.3M
$-4.5M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
-0.19×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
JCTC
JCTC
NREF
NREF
Q4 25
$-1.3M
$-4.5M
Q3 25
$-636.4K
$8.1M
Q2 25
$-1.6M
$3.3M
Q1 25
$-2.6M
$16.0M
Q4 24
$-1.8M
$4.4M
Q3 24
$3.8M
$14.7M
Q2 24
$14.5K
$-7.5M
Q1 24
$-2.4M
$17.7M
Free Cash Flow
JCTC
JCTC
NREF
NREF
Q4 25
Q3 25
$-658.0K
Q2 25
$-1.7M
Q1 25
$-2.6M
Q4 24
$-1.8M
Q3 24
Q2 24
$-96.1K
Q1 24
FCF Margin
JCTC
JCTC
NREF
NREF
Q4 25
Q3 25
-6.3%
Q2 25
-13.1%
Q1 25
-28.8%
Q4 24
-19.6%
Q3 24
Q2 24
-0.6%
Q1 24
Capex Intensity
JCTC
JCTC
NREF
NREF
Q4 25
0.0%
Q3 25
0.2%
Q2 25
0.3%
Q1 25
0.2%
Q4 24
0.4%
Q3 24
0.0%
Q2 24
0.7%
Q1 24
0.0%
Cash Conversion
JCTC
JCTC
NREF
NREF
Q4 25
-0.19×
Q3 25
0.16×
Q2 25
0.15×
Q1 25
0.62×
Q4 24
0.29×
Q3 24
0.63×
Q2 24
0.09×
-0.62×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

JCTC
JCTC

Lawn Garden Pet And Other$7.4M86%
Industrial Wood Products$1.2M14%

NREF
NREF

Segment breakdown not available.

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