Chicago Atlantic Real Estate Finance (REFI) Debt to Equity (2021 - 2026)
Chicago Atlantic Real Estate Finance's (REFI) quarterly Debt to Equity came in at $0.22 in Q1 2026, up 80.73% year-on-year from $0.12 in Q1 2025, and up 38.53% quarter-over-quarter from $0.16 in Q4 2025.
Chicago Atlantic Real Estate Finance (REFI) Debt to Equity (2021 - 2026) Analysis & Trends
Chicago Atlantic Real Estate Finance has disclosed Debt to Equity across 6 years of filings, most recently posting $0.22 for Q1 2026.
- Debt to Equity for Q1 2026 came in at $0.22, up 80.73% year-over-year; the trailing twelve-month figure through Mar 2026 was $0.22 (up 80.73% YoY), and the FY2025 annual result was $0.16, down 10.4% from the prior year.
- Debt to Equity came in at $0.22 for Q1 2026 at Chicago Atlantic Real Estate Finance, up from $0.16 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $0.28 in Q1 2024 to a low of $0.12 in Q1 2025.
- The 5-year median for Debt to Equity is $0.19 (2022), against an average of $0.2.
- Across the five-year window, Debt to Equity jumped 3022.07% in 2022 and tumbled 56.97% in 2025, its largest moves.
- Chicago Atlantic Real Estate Finance's Debt to Equity stood at $0.22 in 2022, then gained by 7.92% to $0.24 in 2023, then slipped by 26.67% to $0.18 in 2024, then dropped by 10.4% to $0.16 in 2025, then jumped by 38.53% to $0.22 in 2026.
- The last three Debt to Equity figures came in at $0.22 (Q1 2026), $0.16 (Q4 2025), and $0.17 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.34 Bn | 13.08 Bn | - | 1.89 |
| 2 | AGNC Investment | 11.42 Bn | 10.75 Bn | - | 7.19 |
| 3 | Starwood Property Trust | 6.25 Bn | 6.25 Bn | - | 0.61 |
| 4 | Rithm Capital | 5.08 Bn | 4.78 Bn | - | - |
| 5 | Blackstone Mortgage Trust | 3.10 Bn | 2.56 Bn | - | 0.23 |
| 6 | Dynex Capital | 2.58 Bn | 1.80 Bn | - | - |
| 7 | Armour Residential REIT | 2.05 Bn | 1.32 Bn | - | 7.90 |
| 8 | Ellington Financial | 1.67 Bn | 1.39 Bn | - | - |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - | 0.06 |
| 10 | Chicago Atlantic Real Estate Finance | 237.79 Mn | 209.93 Mn | - | 0.22 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.22 |
| Dec 31, 2025 | 0.16 |
| Sep 30, 2025 | 0.17 |
| Jun 30, 2025 | 0.23 |
| Mar 31, 2025 | 0.12 |
| Dec 31, 2024 | 0.18 |
| Sep 30, 2024 | 0.18 |
| Jun 30, 2024 | 0.26 |
| Mar 31, 2024 | 0.28 |
| Dec 31, 2023 | 0.24 |
| Sep 30, 2023 | 0.23 |
| Jun 30, 2023 | 0.16 |
| Mar 31, 2023 | 0.14 |
| Dec 31, 2022 | 0.22 |
| Sep 30, 2022 | 0.20 |
| Jun 30, 2022 | 0.17 |
| Dec 31, 2021 | 0.01 |