Chicago Atlantic Real Estate Finance (REFI) FCF Payout Ratio (2022 - 2026)

Chicago Atlantic Real Estate Finance's (REFI) quarterly FCF Payout Ratio came in at 1.43 in Q1 2026, up 76.95% year-on-year from 0.81 in Q1 2025, and down 175.98% quarter-over-quarter from 1.88 in Q4 2025.

Chicago Atlantic Real Estate Finance (REFI) FCF Payout Ratio (2022 - 2026) Analysis & Trends

Chicago Atlantic Real Estate Finance has disclosed FCF Payout Ratio across 5 years of filings, most recently posting 1.43 for Q1 2026.

  • FCF Payout Ratio for Q1 2026 came in at 1.43, up 76.95% year-over-year; the trailing twelve-month figure through Mar 2026 was 3.11 (down 28.9% YoY), and the FY2025 annual result was 2.49, down 42.95% from the prior year.
  • FCF Payout Ratio came in at 1.43 for Q1 2026 at Chicago Atlantic Real Estate Finance, down from 1.88 in the prior quarter.
  • In the past five years, FCF Payout Ratio ranged from a high of 7.51 in Q3 2023 to a low of 14.93 in Q4 2022.
  • The 5-year median for FCF Payout Ratio is 0.84 (2023), against an average of 0.9.
  • Across the five-year window, FCF Payout Ratio soared 350.15% in 2023 and tumbled 539.8% in 2024, its largest moves.
  • Chicago Atlantic Real Estate Finance's FCF Payout Ratio stood at 14.93 in 2022, then jumped by 105.63% to 0.84 in 2023, then sank by 539.8% to 3.69 in 2024, then soared by 150.93% to 1.88 in 2025, then slumped by 175.98% to 1.43 in 2026.
  • The last three FCF Payout Ratio figures came in at 1.43 (Q1 2026), 1.88 (Q4 2025), and 1.21 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Annaly Capital Management 15.34 Bn 13.08 Bn - -0.01
2 AGNC Investment 11.42 Bn 10.75 Bn - 1.17
3 Starwood Property Trust 6.25 Bn 6.25 Bn - 1.91
4 Rithm Capital 5.08 Bn 4.78 Bn - 2.83
5 Blackstone Mortgage Trust 3.10 Bn 2.56 Bn - 0.47
6 Dynex Capital 2.58 Bn 1.80 Bn - 1.47
7 Armour Residential REIT 2.05 Bn 1.32 Bn - 0.80
8 Ellington Financial 1.67 Bn 1.39 Bn - 0.00
9 Two Harbors Investment 1.29 Bn 746.67 Mn - -0.07
10 Chicago Atlantic Real Estate Finance 237.79 Mn 209.93 Mn - -1.43

Historic Data

Download Data
DateValue
Mar 31, 2026 -1.43
Dec 31, 2025 1.88
Sep 30, 2025 1.21
Jun 30, 2025 1.63
Mar 31, 2025 -6.20
Dec 31, 2024 -3.69
Sep 30, 2024 1.13
Jun 30, 2024 1.55
Mar 31, 2024 -6.64
Dec 31, 2023 0.84
Sep 30, 2023 7.51
Jun 30, 2023 0.84
Mar 31, 2023 -1.94
Dec 31, 2022 -14.93
Sep 30, 2022 1.67
Jun 30, 2022 2.31
Mar 31, 2022 -1.11