Official portrait: unitedstates/images (public domain; source GPO Member Guide)
Rep. Troy E. Nehls (R-TX)
House · Republican (most recent term) · TX-22 · in Congress 2021–present · Bioguide ID N000026
Party history: R 2021–present. Source: term data in unitedstates/congress-legislators (CC0); party shown is as recorded per term there.
Estimated net worth (from public disclosures)
| Estimate | Report year | Low | Mid | High |
|---|---|---|---|---|
| (a) Estimated net worth before entering office (report year 2019) | 2019 | $59,018 | $229,509 | $400,000 |
| (b) Latest net worth estimate | 2025 | −$162,988 | $83,505 | $329,998 |
| (c) Estimated gain / loss, nominal dollars, 2019 → 2025 (6 years spanned) | 2019–2025 | −$562,988 | −$146,004 | +$270,980 |
Gain Low = latest Low − earliest High; Gain High = latest High − earliest Low (widest possible spread); Mid = latest Mid − earliest Mid.
Reliability flags (net worth): none for these two endpoints. Included in the recommended dollar-gain ranking.
Net worth by report year (mid; Low–High)
| Report year | Assets (mid) | Liabilities (mid) | Net worth mid | Low … High | Status / flags |
|---|---|---|---|---|---|
| 2019 | $242,009 | $12,500 | $229,509 | $59,018 … $400,000 | computed |
| 2020 | $242,009 | $12,500 | $229,509 | $59,018 … $400,000 | computed |
| 2021 | $393,506 | $387,500 | $6,006 | −$332,987 … $344,999 | computed |
| 2022 | $346,006 | $387,500 | −$41,494 | −$327,988 … $244,999 | computed |
| 2023 | $346,006 | $220,001 | $126,005 | −$127,988 … $379,998 | computed |
| 2024 | $378,506 | $220,001 | $158,506 | −$112,987 … $429,998 | computed |
| 2025 | $303,506 | $220,001 | $83,505 | −$162,988 … $329,998 | computed |
- What this is: Net worth = Schedule A assets (each value range at its midpoint; low–high range shown) minus Schedule D liabilities (midpoints / ranges). Low = assets at range floors minus liabilities at range ceilings; Mid = midpoints; High = assets at ceilings minus liabilities at floors. Low and High are outer bounds of the reported ranges, not likely outcomes.
- What it excludes / understates: exact values (only ranges are reported); a personal residence is not reported as an asset (although a mortgage on it may be listed as a liability, which then lowers the estimate); retirement and federal accounts (e.g. Thrift Savings Plan, defined-benefit pensions) are only partly or not reported; assets of excepted/blind trusts, cash held below reporting thresholds, vehicles, household goods and most spouse/dependent items exempt from reporting are not included; liabilities on a personal residence, revolving credit under thresholds and loans to family may be omitted by filers.
- Open-ended top ranges (e.g. “Over $50,000,000”) are counted at their lower bound and flagged, so such values are understated.
- The change is a change in estimated net worth in nominal dollars (no inflation adjustment). It includes salary, gifts, inheritances, business income and re-valuation as well as investment results, and it is subject to range-bracket noise; it is not an investment return and implies nothing about conduct.
Read this first. Members report asset values only as ranges (e.g. “$15,001 – $50,000”), never exact dollars. Every figure below is an estimate computed from range midpoints, not a measured return. Figures cannot be interpreted as investment performance, and they do not show wrongdoing or skill. Methodology and limitations are at the end and in the project README. Sources: public financial disclosure reports filed with the Clerk of the U.S. House of Representatives and/or the Secretary of the Senate (Senate eFD), linked below.
Avg. annual change (geometric, est.)+17.6%
Simple average of years+24.7%
Years estimated5
Best / worst single year2021 +122%
2023 +0%
2023 +0%
Reliability flags: a year exceeds ±100%; 1 year(s) driven by income/one position/range artefact.
Sensitivity band for the average (all ranges at floor vs. all at ceiling, same holdings both years): +27.1% to +15.5%. This band is narrow because it moves both years together; the true uncertainty is larger — see the per-year “strict envelope” column and the limitations.
Estimated year-over-year change
Bars: midpoint estimate; whisker: same-position floor/ceiling band. Axis clipped to −100%…+150%. Years with insufficient traceable holdings are omitted.
| Year (t−1 → t) | Opening value (mid) | Closing value (mid) | Income (mid) | Buys (mid) | Sales (mid) | Est. gain | Same-position band | Strict envelope | Traced coverage | Status / flags |
|---|---|---|---|---|---|---|---|---|---|---|
| 2019→2020 | $242,009 | $242,009 | $603 | $0 | $0 | +0.2% | +0.0% … +0.3% | -139% … +139% | 100% | counted |
| 2020→2021 | $177,506 | $393,506 | $603 | $0 | $0 | +122.0% | +102.1% … +230.9% | -66% … +311% | 73% | counted; single position drives the result (range jump) |
| 2021→2022 | $121,004 | $121,004 | $603 | $0 | $0 | +0.5% | +0.0% … +0.6% | -139% … +140% | 31% | excluded; not eligible: traced coverage 31% < 60% |
| 2022→2023 | $346,006 | $346,006 | $603 | $0 | $0 | +0.2% | +0.0% … +0.2% | -92% … +92% | 100% | counted |
| 2023→2024 | $346,006 | $378,506 | $1,204 | $32,500 | $0 | +0.3% | +0.1% … +0.4% | -102% … +103% | 100% | counted |
| 2024→2025 | $228,506 | $228,506 | $1,204 | $0 | $0 | +0.5% | +0.2% … +0.6% | -111% … +112% | 60% | counted |
Filings used
Each annual-report year uses one filing (most recently filed version among originals/amendments whose Schedule A row count is ≥ 40% of the largest). Electronic (text) PDFs are parsed. Scanned/image-only filings are OCR-read and used only if they pass the explicit validation gates described in the project README (value/income coverage, two-engine agreement, exact bracket snapping, page completeness, year-to-year position continuity); such years are labelled OCR-derived below. Scanned filings that fail validation are listed as “insufficient data – scanned”.
| Report year | Doc ID | Type | Filed | Schedule A rows | Rows with unparsed value | Source (official filing) / SHA-256 |
|---|---|---|---|---|---|---|
| 2019 | 10056709 | House amendment | 2/16/2024 | 18 | 0 | 10056709.pdf6e3de3ab57d122a6d03ced54a916873b83b929ff54c6f1784b7065664a6ae18b |
| 2020 | 10056811 | House amendment | 2/22/2024 | 18 | 0 | 10056811.pdf8938f8de7dd46a23cc272c5aef4508e4f54b6820d794b95ab495596968a7d643 |
| 2021 | 10056812 | House amendment | 2/22/2024 | 13 | 0 | 10056812.pdfe27d15458e60c1b777dbbb0600074a918f5034b0330e1ee5e154ca8fe693305a |
| 2022 | 10056813 | House amendment | 2/22/2024 | 12 | 0 | 10056813.pdfadf2fcb1cd7bc89ef4c10cda2d55c344c06368dc2d3967477097870d172768f4 |
| 2023 | 10062762 | House annual | 8/13/2024 | 12 | 0 | 10062762.pdfdeb2f8d665baeb76d5eedace5acb872e44adfe39d200b57f47dc67c9c3723f9b |
| 2024 | 10072372 | House annual | 9/10/2025 | 13 | 0 | 10072372.pdfa502b5e0d920ede9a611f9dfb1dea109fd2e62361fe7be62b77f9725d65fbfca |
| 2025 | 10081643 | House annual | 8/13/2026 | 12 | 0 | 10081643.pdf8925351611a551bba9a300f4590cbe18e3be4f613a3b59d34bbe124c7a6e8c54 |
Largest movers 2022→2023
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| Brazos Valley Credit Union [BA] | SP | held | $1,001 - $15,000; $1,001 - $15,000 | $1,001 - $15,000; $1,001 - $15,000 | $0 | $0 |
| Brazos Valley Credit Union [BA] | DC | held | $1,001 - $15,000; $1,001 - $15,000; $1,001 - $15,000 | $1,001 - $15,000; $1,001 - $15,000; $1,001 - $15,000 | $0 | $0 |
| MFS Heritage ⇒ MFS Research Fund A [OT] | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| SecureDesigns Variable Annuity ⇒ Invesco VI Govt Money Market [OT] | SP | held | $50,001 - $100,000 | $50,001 - $100,000 | $0 | $0 |
| SecureDesigns Variable Annuity ⇒ Invesco VI Equity and Income [OT] | SP | held | $50,001 - $100,000 | $50,001 - $100,000 | $0 | $0 |
| Great American fixed annuity [FN] | SP | held | $15,001 - $50,000 | $15,001 - $50,000 | $0 | $0 |
| Capital One [BA] | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| Mass Mutual Ascend Universal Life Ins [OT] | SP | held | $50,001 - $100,000 | $50,001 - $100,000 | $0 | $0 |
Largest movers 2023→2024
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| SecureDesigns Variable Annuity ⇒ Invesco VI Govt Money Market [OT] | SP | held | $50,001 - $100,000 | $50,001 - $100,000 | $0 | $0 |
| SecureDesigns Variable Annuity ⇒ Invesco VI Equity and Income [OT] | SP | held | $50,001 - $100,000 | $50,001 - $100,000 | $0 | $0 |
| Great American fixed annuity [FN] | SP | held | $15,001 - $50,000 | $15,001 - $50,000 | $0 | $0 |
| Capital One [BA] | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| Capital Group American Funds ⇒ US Government Securities Fund-529C [GS] | SP | held | $15,001 - $50,000 | $15,001 - $50,000 | $0 | $0 |
| Brazos Valley Credit Union [BA] | SP | held | $1,001 - $15,000; $1,001 - $15,000 | $1,001 - $15,000; $1,001 - $15,000 | $0 | $0 |
| Brazos Valley Credit Union [BA] | DC | held | $1,001 - $15,000; $1,001 - $15,000; $1,001 - $15,000 | $1,001 - $15,000; $1,001 - $15,000; $1,001 - $15,000 | $0 | $0 |
| FIMM Treasury Portfolio: Institutional Class (FRBXX) [MF] | SP | new | — | $15,001 - $50,000 | $32,500 | $0 |
Largest movers 2024→2025
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| Great American fixed annuity [FN] | SP | held | $15,001 - $50,000 | $15,001 - $50,000 | $0 | $0 |
| Capital One [BA] | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| Capital Group American Funds ⇒ US Government Securities Fund-529C [GS] | SP | held | $15,001 - $50,000 | $15,001 - $50,000 | $0 | $0 |
| Brazos Valley Credit Union [BA] | SP | held | $1,001 - $15,000; $1,001 - $15,000 | $1,001 - $15,000; $1,001 - $15,000 | $0 | $0 |
| Brazos Valley Credit Union [BA] | DC | held | $1,001 - $15,000; $1,001 - $15,000; $1,001 - $15,000 | $1,001 - $15,000; $1,001 - $15,000; $1,001 - $15,000 | $0 | $0 |
| FIMM Treasury Portfolio: Institutional Class (FRBXX) [MF] | SP | held | $15,001 - $50,000 | $15,001 - $50,000 | $0 | $0 |
| MFS Heritage ⇒ MFS Research Fund A [OT] | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| Mass Mutual Ascend Universal Life Ins [OT] | SP | held | $50,001 - $100,000 | $50,001 - $100,000 | $0 | $0 |
Method (summary)
- Schedule A asset rows are read from each annual report; the dollar range for each row is converted to its midpoint. Open-ended top ranges (“Over $50,000,000”) are excluded from the traced set and counted as a coverage loss.
- Positions are matched year to year by owner code (self/SP/DC/JT) + normalised asset name. A position that appears only in year t is included only if Schedule B shows a purchase of it in year t (opening value 0); a position that disappears is included only if Schedule B shows a sale (closing value 0). Otherwise it is excluded as unexplained.
- Estimated gain = (closing − opening + reported income − purchases + sale proceeds) ÷ opening, all at midpoints, for the traced positions. “Capital gains” income is not added again (it is already in value change and sale proceeds).
- A year counts only if traced opening value ≥ $50,000 and traced coverage ≥ 60% of the opening midpoint. A member is ranked only with ≥ 3 such years (exactly 2 = “limited data”, shown but unranked). Average = geometric mean of (1+yearly estimate).
Limitations
- Ranges are wide (up to a factor of 5 or more, and up to $50M+ open-ended); a holding can move between ranges without any real change in value, and stay in a range while moving materially. Yearly estimates are therefore noisy; the “strict envelope” shows the mathematical worst/best case and is typically wider than ±100%.
- Purchases and sales are only disclosed as ranges and only for transactions over $1,000; partial sales, dividend reinvestment, spousal/dependent accounts and retirement-plan funds are reported inconsistently. Excepted/blind trusts, personal residences and certain pensions are not reported at all.
- Filers sometimes change how they list assets (e.g. listing a brokerage account vs. its individual holdings), which can make positions untraceable across years; these are excluded rather than guessed.
- Asset values in an annual report are as of Dec 31 of the reporting year; the report year t−1→t covers that calendar year. Late or amended filings are used when filed; extensions can delay them.
- The text of these reports is machine-parsed from PDFs; parse errors are possible. Every number links back to the cited filing. This is not investment advice.
- Use of these filings is restricted by 5 U.S.C. § 105(c) (no unlawful, commercial or credit-rating purpose, and none for solicitation of money).
Generated 2026-10-01 by an automated pipeline. Data: Office of the Clerk, U.S. House of Representatives (disclosures-clerk.house.gov); member roster: unitedstates/congress-legislators (CC0).