Chicago Atlantic Real Estate Finance (REFI) Price to Earnings (2022 - 2026)
Chicago Atlantic Real Estate Finance's (REFI) Price to Earnings stood at 8.23 in Q2 2026, up 3.9% from 7.92 a year earlier but down 0.8% from the prior quarter.
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Analysis
Chicago Atlantic Real Estate Finance (REFI) Price to Earnings (2022 - 2026) Analysis & Trends
For FY2025, Chicago Atlantic Real Estate Finance's Price to Earnings came in at 7.57, down 13.7% from FY2024.
- Across earlier years, Price to Earnings came in at 8.77 in FY2024 (+15.3%), 7.61 in FY2023 (-8.3%), 8.29 in FY2022 (-23.9%) and 10.90 in FY2021.
- Quarterly Price to Earnings has ranged from 6.95 in Q1 2023 to 8.77 in Q4 2024 over the past five years.
- On a year-over-year basis, Price to Earnings rose in five of the last eight quarters, with growth averaging 1.9%.
- Peak year-over-year performance for Price to Earnings in the last five years was growth of 15.3% in Q4 2024, against a decline of 13.3% in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 8.30 (Q1 2026), 7.60 (Q4 2025) and 7.72 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rocket Companies | 44.95 Bn | 30.63 Bn | - |
| 2 | Orix | 41.97 Bn | 42.47 Bn | - |
| 3 | Royalty Pharma | 33.14 Bn | 33.05 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 24.99 Bn | 24.99 Bn | - |
| 5 | Affirm Holdings | 23.75 Bn | 17.44 Bn | - |
| 6 | Synchrony Financial | 23.25 Bn | -44.72 Bn | - |
| 7 | Royal Gold | 19.67 Bn | 18.90 Bn | 390.45 Mn |
| 8 | Annaly Capital Management | 14.04 Bn | 5.13 Bn | - |
| 9 | Ares Capital | 13.76 Bn | 11.19 Bn | - |
| 10 | Chicago Atlantic Real Estate Finance | 211.65 Mn | 126.57 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.23 |
| Mar 31, 2026 | 8.30 |
| Dec 31, 2025 | 7.60 |
| Sep 30, 2025 | 7.72 |
| Jun 30, 2025 | 7.92 |
| Mar 31, 2025 | 8.13 |
| Dec 31, 2024 | 8.77 |
| Sep 30, 2024 | 7.97 |
| Jun 30, 2024 | 8.14 |
| Mar 31, 2024 | 7.81 |
| Dec 31, 2023 | 7.61 |
| Sep 30, 2023 | 7.32 |
| Jun 30, 2023 | 7.57 |
| Mar 31, 2023 | 6.95 |
| Dec 31, 2022 | 8.29 |
API Access
Chicago Atlantic Real Estate Finance Price to Earnings API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-earnings&ticker=REFI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "ticker": "REFI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-earnings&ticker=REFI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();