Chicago Atlantic Real Estate Finance (REFI) Equity Ratio (2021 - 2026)
Chicago Atlantic Real Estate Finance's (REFI) quarterly Equity Ratio came in at 0.7 in Q1 2026, down 7.13% year-on-year from 0.75 in Q1 2025, and down 3.92% quarter-over-quarter from 0.72 in Q4 2025.
Chicago Atlantic Real Estate Finance (REFI) Equity Ratio (2021 - 2026) Analysis & Trends
Chicago Atlantic Real Estate Finance has disclosed Equity Ratio across 6 years of filings, most recently posting 0.7 for Q1 2026.
- Equity Ratio for Q1 2026 came in at 0.7, down 7.13% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.7 (down 7.13% YoY), and the FY2025 annual result was 0.72, up 2.03% from the prior year.
- Equity Ratio came in at 0.7 for Q1 2026 at Chicago Atlantic Real Estate Finance, down from 0.72 in the prior quarter.
- In the past five years, Equity Ratio ranged from a high of 0.94 in Q1 2022 to a low of 0.68 in Q2 2025.
- The 5-year median for Equity Ratio is 0.76 (2024), against an average of 0.77.
- Across the five-year window, Equity Ratio retreated 18.98% in 2022 and increased 4.04% in 2023, its largest moves.
- Chicago Atlantic Real Estate Finance's Equity Ratio stood at 0.77 in 2022, then retreated by 1.61% to 0.76 in 2023, then fell by 6.18% to 0.71 in 2024, then rose by 2.03% to 0.72 in 2025, then declined by 3.92% to 0.7 in 2026.
- The last three Equity Ratio figures came in at 0.7 (Q1 2026), 0.72 (Q4 2025), and 0.73 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.34 Bn | 13.08 Bn | - | 0.12 |
| 2 | AGNC Investment | 11.42 Bn | 10.75 Bn | - | 0.10 |
| 3 | Starwood Property Trust | 6.25 Bn | 6.25 Bn | - | 0.11 |
| 4 | Rithm Capital | 5.08 Bn | 4.78 Bn | - | - |
| 5 | Blackstone Mortgage Trust | 3.10 Bn | 2.56 Bn | - | 0.17 |
| 6 | Dynex Capital | 2.58 Bn | 1.80 Bn | - | 0.11 |
| 7 | Armour Residential REIT | 2.05 Bn | 1.32 Bn | - | 0.11 |
| 8 | Ellington Financial | 1.67 Bn | 1.39 Bn | - | 0.10 |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - | 0.16 |
| 10 | Chicago Atlantic Real Estate Finance | 237.79 Mn | 209.93 Mn | - | 0.70 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.70 |
| Dec 31, 2025 | 0.72 |
| Sep 30, 2025 | 0.73 |
| Jun 30, 2025 | 0.68 |
| Mar 31, 2025 | 0.75 |
| Dec 31, 2024 | 0.71 |
| Sep 30, 2024 | 0.81 |
| Jun 30, 2024 | 0.76 |
| Mar 31, 2024 | 0.75 |
| Dec 31, 2023 | 0.76 |
| Sep 30, 2023 | 0.78 |
| Jun 30, 2023 | 0.83 |
| Mar 31, 2023 | 0.84 |
| Dec 31, 2022 | 0.77 |
| Sep 30, 2022 | 0.79 |
| Jun 30, 2022 | 0.80 |
| Mar 31, 2022 | 0.94 |
| Dec 31, 2021 | 0.95 |